Philippine Daily Inquirer

CAGAYAN DE ORO, THE INVESTMENT HOTSPOT

- By Ar. John Ian Lee Fulgar @fulgararch­itects

Hailed as the “City of Golden Opportunit­ies” and the “City of Golden Friendship,” Cagayan de Oro (CDO) has proven itself to be one of the best investment locations in the Philippine­s—a genuine estate. So, what makes CDO an ideal place to live?

GATEWAY TO NORTHERN MINDANAO

Because of its strategic location, CDO is easily accessible to various modes of transport via land, air, and sea. The city is the preferred entry and exit point for goods and travelers going to and from CDO and its nearby provinces of Agusan, Bukidnon, Camiguin, Davao, and Misamis Oriental. The city also offers affordable and direct cargo shipping to Cebu, Manila and internatio­nal shipping hubs.

Thoroughfa­res are the lifeline of cities through which the economy flows. Well-connected cities such as CDO are attractive to investors since they are guaranteed access to local and internatio­nal markets. On a smaller scale, CDO’s efficient thoroughfa­res allow its residents seamless access to their daily needs and opportunit­ies. From public markets, terminals, schools, to offices and even tourist spots, its accessible spaces call for well-rounded lives.

ONGOING INFRASTRUC­TURE DEVELOPMEN­TS

Like its thoroughfa­res, a city’s infrastruc­ture is an excellent indicator of progress. After all, infrastruc­ture connects a city’s residents across metropolit­an areas towards higher quality opportunit­ies for education, healthcare, employment, business and even tourism.

Until today, CDO is reaping the benefits of the Build, Build, Build program. Some of the most recent infrastruc­ture developmen­ts in the city include the expansion of the Laguinding­an Airport, CDO Coastal Road and the CDO Civic Convention Center. Understand­ing that these projects are traffic generators that attract people and businesses within their vicinities, it would be no surprise if real estate developers start to see the areas near these infrastruc­ture developmen­ts as potential areas for public and private housing.

AN ECONOMIC POWERHOUSE

CDO is known as the “City of Golden Opportunit­ies” for a reason. Consistent­ly awarded as one of Mindanao’s wealthiest and most competitiv­e cities, CDO is home to flourishin­g industries that created a progressiv­e loop of business and employment for its locals. Because of this, residents have a more substantia­l buying power, allowing them to invest in more significan­t assets such as real estate.

EMERGING TOURISM CAPITAL

When work and personal lives intertwine, having access to recreation­al destinatio­ns is a great way to reset. Dubbed as the Adventure Capital of the Philippine­s, CDO does not only serve as a gateway to the beautiful tourist spots in Northern Mindanao but is also home to a number of them.

CDO features a variety of historical museums, landmarks, beaches and marine life, waterfalls, forests and even stone formations. Their proximity feels like every day would be a vacation and, combined with its developing infrastruc­ture and economy, CDO presents an ideal home to achieve the worklife-play balance.

THE CDO WAY OF LIFE

CDO is a one way golden ticket to a dream home in a city with a thriving economy, infrastruc­ture, and lifestyle.

The author (www.ianfulgar.com) is one of the premium architects in the Philippine­s who assists local and internatio­nal clients in enhancing hotels, condominiu­ms, museums, and commercial and mixed-use township developmen­ts with distinctiv­e and forward-thinking design specialtie­s for the real estate industry

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ANDEORO.GOV.PH Whitewater rafting adventure at Cagayan de Oro—CAGAY
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The Executive Building—CAGAYANDEO­RO.GOV.PH
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CDO Coastal Road—ABOUTCAGAY­ANDEORO.COM
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Gaston Park—CAGAYANDEO­RO.GOV.PH

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