Cagayan de Oro Real Estate & Community Guide

Cagayan de Oro, abbreviated CdeO, CDO, CDOC and or Cag. de Oro, is a highly-urbanized and capital city of the province of Misamis Oriental in Mindanao, southern part of the Philippines. It serves as the regional center and business hubs for the Northern Mindanao (Region 10), and is part of a growing Metropolitan Cagayan de Oro, which include the city of El Salvador.cdo2

The City of Cagayan de Oro is located along the central coast of northern Mindanao island facing the Macajalar Bay and is bordered by the municipalities of Opol to the west; Tagoloan to the east, and provinces of Bukidnon and Lanao del Norte to the south of city.

An hour-and-a-half plane ride from Metro Manila, and a 35-minute plane trip from Davao City, it serves as the main entry point to Northern Mindanao, and the jump-off point for excursions in Camiguin Island, Bukidnon, Iligan City and Marawi City.

Cagayan De Oro’s name was derived from the word cagaiang, the name given by the Spanish colonizers to the settlement’s river because of its close similarity to the Cagayan River in Cagayan Valley in Luzon. When the Spanish colonizers found gold in the riverbeds of Cagayan in the mid-16th century, the words “de Oro,” meaning ‘golden’ were attached to its name.

What’s The Realty Market Like?

Housing in Cagayan de Oro mainly consists of single family houses on lots of 100 to 500 square meters. The old residential areas are adjacent to the downtown area which are Barangay Nazareth and Macasandig in the south, Consolacion and Macabalan on the north side, Camaman-an on the east side and Carmen on the west side . The new residential developments are in the uptown area which are compose of Pueblo de Oro, Xavier Estates and Vista Lands in upper Carmen.

Pueblo De Oro – a 360-hectare property for mixed use development started in 1995. Pueblo de Oro is a township project masterplanned by Louis Berger International, where SM mall and Xavier University Secondary and Elementary Schools are located. It is also the future site of the Roman Catholic Church and Residence of the Archbishop of Cagayan de Oro.

More importantly, it also features joint-venture subdivision projects covering basically all the economic classes from A to E. And, of course, it also has, a golf estate – with its 18-hole, all-weather championship golf course designed by Robert Trent Jones II, and ranked as the country’s fourth best golf course by Golfing Philippines.

A consummation of Pueblo de Oro’s progressive development into a complete township would be the establishment of an IT hub within the business and commercial area of the property. The IT hub – planned to be an eight-hectare development – is being positioned right next to the mall. It is registered with the Philippine Economic Zone Authority (PEZA), enterprises within the area would enjoy investor incentives including income tax holiday for four years for non-pioneer and six years for pioneer IT enterprises, additional tax deduction equivalent to 50 percent of training expenses, and permanent resident status to foreign investors with initial investments of US$150,000 or more.

According to Mr. Guillermo Luchangco, Chairman & CEO of the ICCP Group, the main proponent of Pueblo de Oro, the estate is an ideal site for IT-related businesses as it has, in the past years, completed the key necessary factors – water, electric power, telecommunications, amenities, and services – that make such businesses flourish. Add to that the pool of about 4,300 graduates being churned out per year by CDO’s 18 universities, colleges, computer, and vocational schools.

Housing & Population Statistics

As of the 2010 Census of Population in the Philippines, the population of the city was of 602,088 making it the 10th most populous city in the Philippines.

About 44 percent of the household population in Cagayan de Oro classified themselves as Visayan (Binisaya or bisaya), 22.15 percent as Cebuano, 4.38 percent as Boholano, while 28.07 percent as other ethnic groups (2000 Census).

Cebuano is the city’s lingua franca, due to the influx of Cebuano speakers from the Visayas. English is mainly used for business and in the academe. Most of the local population in the city is also fluent in Filipino.

Climate for Cagayan de Oro

Under the Köppen climate classification system, Cagayan de Oro has a tropical climate with an annual average temperature of 28 °C. In June 1998, the city recorded its highest temperature to date of 39 °C.

Cagayan de Oro does not receive an even amount of rainfall throughout the year. The driest months are March and April while August and September are the wettest months. The rainy or wet season lasts from June until November with the relatively drier seasons lasting from December until May. The city lies outside the typhoon belt but is affected by the Inter-Tropical Convergence Zone.


Cagayan de Oro is the melting pot of Mindanao because of its accessibility, business growth, attractions and most of its entire warm and hospitable people. It is also a regional center and business hub of Northern Mindanao region, considered as one of the most progressive and competitive cities in the Philippines.

The city’s economy is largely based on industry, commerce, trade, service and tourism. Investment in Cagayan de Oro City for the first six months of 2012 has reached 7.4 billion pesos outpacing the local government’s expectation of to nearly 100 percent. Investments in the city are dominated by malls, high-rise hotels and condominiums and convention centers. The net income for 2012 pegged at 2,041,036,807.89 billion pesos.

Transportation and Commuting Statistics

As the gateway to Northern Mindanao region, Cagayan de Oro is very accessible via land, air and water transportation’s.

City Commute & Bus terminals

Several means of public transportation are available within the city. Taxi service abound in major areas and Motorela, a unique public transport in CDO roam around the city that can reach to any nook and cranny of the city.

The Eastbound Integrated Bus Terminal (Agora) serves regular land trips to and from eastern municipalities of Misamis Oriental, Bukidnon including Malaybalay and Valencia City, Gingoog City, Kabacan, Cotabato, Butuan City, Surigao City in the Caraga region, Davao City, Tagum City, Tacurong City and the latest is General Santos City and Balingoan, Misamis Oriental (for ferry going to Camiguin Island).

Westbound Integrated Bus and Jeepney Terminal serves the regular land trips to and from western municipalities of Misamis Oriental including Laguindingan and El Salvador City, Iligan City, Marawi, Oroquieta, Ozamiz City, Dipolog, Pagadian, Zamboanga City and some parts of western Mindanao.

Laguindingan Airport

The new airport of Cagayan de Oro is now Laguindingan Airport which caters the domestic flights to and from Metro Manila, Bacolod, Cebu City, Iloilo City, Davao City and Zamboanga City, located in the Municipality of Laguindingan, some 46 kilometers west of Cagayan de Oro. It officially opened on June 15, 2013.

The new Laguindingan International Airport, which replaced Lumbia Airport sits on a 4.17 square kilometer site in Barangay Moog, Laguindingan, Misamis Oriental, it is destined to become an international airport serving the entire region of Northern Mindanao and Lanao del Sur.


Port of Cagayan de Oro in Macabalan area is located near the estuary of Cagayan de Oro River. It has an anchorage depth of 18 meters and is around 400 meters from the shoreline. It has two authorized cargo-handling operators. With the recent completion of the P250 million rehabilitation project, the port is now the biggest international and domestic seaport in Mindanao.

The Port of Cagayan de Oro (Macabalan Port) serves regular route to major cities to and from Metro Manila, Cebu City, Tagbilaran, Bacolod, Dumaguete, Iloilo City and Jagna, Bohol.

General Milling and Del Monte Philippines also operate their own port facilities within Cagayan de Oro. The $85 million Mindanao International Container Port is located in Tagoloan, Misamis Oriental 17 kilometers from Cagayan de Oro which also serves the PHIVIDEC Industrial Estate in nearby Tagoloan.

Utilities and Services

There are five major land based phone companies, these are MISORTEL, PLDT-PhilCom, Smart Broadband, BayanTel and ItalTel serving the entire city. Mobile phone services are provided by Globe Telecom, Smart Communications and Sun Cellular.

Internet connection are operated by several major telecom companies offering Broadband DSL, Cable and Wireless services. Pueblo de Oro Business IT Park located in Upper Carmen is the first PEZA registered IT park in Mindanao. The IT Park currently houses one of Cagayan de Oro’s call centers.

Water services are provided by the Cagayan de Oro Water District (COWD), it was the first water district established in the entire Philippines.

Electricity is provided by the Cagayan Electric Power and Light Company (CEPALCO). CEPALCO, which began operations in 1952 that covers Cagayan de Oro and the Municipalities of Tagoloan, Villanueva and Jasaan, all in the Province of Misamis Oriental, including the 3,000-hectare PHIVIDEC Industrial Estate and caters to more than 100,000 consumers. The company’s distribution system network now includes 138KV, 69KV, 34.5KV and 13.8KV systems.

CEPALCO is also operating the developing world’s first and largest (at the time of its inauguration in 2004) on-grid Solar Photovoltaic power plant. The 1-megawatt polycrystalline silicon-based Photovoltaic (PV) plant in Barangay Indahag of this city is connected to the distribution network of CEPALCO. It is the biggest solar power plant connected to the power grid in Southeast Asia.

Hospitals / Medical Center within Cagayan de Oro

Cagayan de Oro has a hospital bed to population ratio of 1:474 as of 2003. There are 12 major private and government-run hospitals including 50 Barangay Health Centers and 20 Family Planning Centers.

The J.R. Borja Memorial Medical Hospital (formerly City Hospital) and Northern Mindanao Medical Center (formerly Provincial Hospital) are the 2 main government – run hospitals.

Major privately owned hospitals are Polymedic Medical Plaza, Maria Reyna–Xavier University Hospital, Capitol University Medical City, and Cagayan de Oro Medical Center.

Shopping Centers

There are several shopping malls located within the city. Notable ones are national retail giants namely SM City Cagayan de Oro, Ayala Centrio Mall and Robinsons Cagayan de Oro. Homegrown mall and shopping center are Limketkai Mall, Gaisano City Mall, Gaisano Bulua, and Ororama Supercenter.

There are three market malls (a hybrid of shopping mall and market) in the city namely Market City that houses SM Savemore as its supermarket, Ororama department store and other tenants. 858-Cogon Market and Carmen Market complex that houses Unitop supermarkets and department stores and other stalls and botiques.

Hypermarkets such as Rustan’s Shopwise and Puregold are slated to open before 2013 ends.

The city has three Gaisano superstores and one Ororama superstore. Big supermarkets are SM Savemore Kauswagan, SM Savemore Capistrano, Robinsons Supermarket Gusa-branch, Gaisano Suki Club and Palana Store. There are many department stores and large groceries owned by local and foreign Chinese, Taiwanese and Korean businessmen in the city.

Under construction malls are Gaisano Puerto, Paseo Mall under Zealep Development. Soon to rise is another SM Premiere mall in the city’s downtown and Starmall.


The city has three major private universities, these are the Capitol University, Liceo de Cagayan University, and Xavier University – Ateneo de Cagayan. The Mindanao University of Science and Technology is the only state university in the city. Other higher education institutions include Lourdes College, Southern Philippines College, Pilgrim Christian College, Cagayan de Oro College – PHINMA Education Network, Lourdes College and St. Mary’s Academy of Carmen run by the RVM Sisters, and STI College – Cagayan de Oro with a secondary education program in Barangay Kauswagan. There are also a number of foreign schools in the city with study programs.

Notable public and private elementary and high schools include Cagayan de Oro National High School, Misamis Oriental General Comprehensive High School, Regional Science High School 10, City Central School, Corpus Christi School,Merry Child School, Nanuri International School, International School, Golden Heritage Polytechnic College, Vineyard International Polytechnic College, and Montessori de Oro. There are also schools in Cagayan de Oro that use the Accelerated Christian Education system. Two of these schools include Lapasan Baptist Christian Academy and Shekinah Glory Christian Academy. There are two Chinese schools in the city: Kong Hua School (Roman Catholic) and Oro Christian Grace School (Evangelical Christian).

*excerpts and reference – photo source: Oliver Bautista