Pueblo de Oro Commits P13.5B to Premium Cagayan de Oro Towers

Summary

• Pueblo de Oro advancing P13.5 billion Masterson Mile North project—five high-rise towers (22-27 floors) in Uptown CDO
• 946 premium residential units (32-177 sqm) designed by renowned US firm Gensler with skybridge connectivity
• Strategic location positions investors to capitalize on CDO's 6.8% GDP growth and metropolitan expansion
• High-end residential premium segment expected to appreciate 20-30% through project completion phase

News Content

Pueblo de Oro Development Corporation is accelerating its premium residential investment in Cagayan de Oro with the Masterson Mile North project, a flagship mixed-income development featuring five iconic towers designed by international architecture firm Gensler and Associates. The P13.5 billion commitment represents one of the largest high-end residential investments in Mindanao and reflects developer confidence in CDO's emerging status as the Philippines' 4th metropolitan area. The project features 946 residential units ranging from compact 32-sqm studios to spacious 177-sqm family suites, with signature skybridge connections between towers creating an integrated lifestyle ecosystem. The phased development strategy positions early-stage investors to capture appreciation across multiple unit categories as the city's economic momentum accelerates—CDO posted 6.8% real GDP growth in 2024, significantly outpacing national averages.

Real Estate Outlook

Uptown Cagayan de Oro premium residential units are projected to appreciate from current ₱150,000-180,000/sqm to ₱180,000-220,000/sqm by 2028 as Masterson Mile North nears completion. Investors should prioritize pre-selling phase acquisition in Gensler-designed towers to secure optimal positioning before market recognition drives premium valuations across the entire Masterson Avenue development corridor.