As of February 2025, Cagayan de Oro (CDO) continues to experience significant growth in its real estate sector, driven by strategic developments and increasing investor interest.
Key Developments and Investments
The Upper Central Township by Megaworld: Megaworld Corporation has unveiled "The Upper Central," a 117-hectare township in CDO's highlands. This project, set to be developed over the next decade with an initial budget of PHP 5 billion, aims to integrate residential, commercial, and recreational spaces, enhancing the city's urban landscape.
Top New Developments for 2025: Several notable projects are shaping CDO's real estate market this year:
Southridge by Pueblo de Oro: A 31-hectare development designed to be a modern, dynamic community integrating residential, commercial, and lifestyle amenities.
Xavier Southridge Estates by A Brown Corporation Inc.: A 22-hectare upscale residential project in Bayanga, offering a serene suburban lifestyle surrounded by nature.
Manresa Township by Cebu Landmasters Inc.: A 14.6-hectare mixed-use development in Upper Carmen, blending urban convenience with a vibrant community atmosphere.
Masterson Mile Condo by Pueblo de Oro: A five-tower high-rise condominium project in Uptown CDO, targeting urban professionals and families.
Paradiso Beachfront Villas: A one-hectare beachfront property in Sugbongcogon, offering luxury and tranquility with innovative villa designs.
Market Insights
Property Prices: The median list price for houses in CDO is approximately PHP 5.83 million, with a median price per square meter of PHP 69,650. For condominiums, the average listing price is around PHP 4.15 million, with an average price per square meter of PHP 75,172.
Foreclosed Properties: There are opportunities in the market for foreclosed properties, offering potential deals for investors and homebuyers. As of February 2025, there are several foreclosed properties available in CDO and Misamis Oriental.
In summary, Cagayan de Oro's real estate market is on an upward trajectory, with substantial developments and investments contributing to its growth. For potential investors and homebuyers, the city offers a dynamic and promising environment.
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