Pueblo de Oro Expands in Cagayan de Oro, Bets on Metro Rise

Summary

• Pueblo de Oro Corp. is expanding its Cagayan de Oro real-estate portfolio, anchored by the 31-hectare Southridge township.
• Companion project Masterson Mile North adds five 22–26 storey towers at an estimated ₱13.5-billion development cost.
• Airport, highway, and a proposed metro authority position CDO as Northern Mindanao's next major growth center.
• Early positioning along the Masterson–Uptown corridor offers investors first-mover pricing before completion.

News Content

Property developer Pueblo de Oro Corp. (PDO) is scaling up its footprint in Cagayan de Oro, citing the city's strong fundamentals and rapid urbanization. Its flagship Southridge is a 31-hectare "Silicon Valley-type" township mixing office, BPO, residential, retail, and leisure space, with a World Trade Center exhibition hall under study. Alongside it, the high-end Masterson Mile North will rise as five towers of 22 to 26 storeys, designed by San Francisco firm Gensler, at an estimated ₱13.5-billion cost. CDO posted 6.8% real GDP growth in 2024 — 28.3% of Northern Mindanao's output — and ranks as the country's sixth-largest urban economy. Supporting catalysts include the Laguindingan Airport expansion and the proposed Metro Cagayan de Misamis Development Authority.

Real Estate Outlook

The Uptown–Masterson corridor is emerging as CDO's premium address. Investors entering pre-completion stand to capture appreciation as township infrastructure, BPO tenancy, and airport upgrades mature, with high-rise residential and mixed-use assets positioned for the strongest long-term yields.