by Lionunion 
Misamis Oriental is a province located in the region of Northern Mindanao, in the Philippines. Its capital and provincial center is the city of Cagayan de Oro. The province is bordered by Iligan City and the provinces of Bukidnon, Agusan del Norte, and Camiguin.
An Overview of Misamis Oriental
Cities and Municipalities: Misamis Oriental is composed of 2 cities (Cagayan de Oro and Gingoog) and 23 municipalities. Some of the municipalities include Alubijid, Balingasag, Claveria, Initao, and Medina.
Land Area: The province covers a total land area of 3,131.52 square kilometers.
Population: As of the 2020 census, Misamis Oriental has a population of 965,522 people.
Economy: The economy of Misamis Oriental is largely based on agriculture, with corn, rice, and coconut as the main crops. It also has a growing services sector, with tourism and real estate playing significant roles. The province is known for its natural attractions, including beaches, dive sites, and heritage sites.
Real Estate Market: The real estate market in Misamis Oriental, particularly in Cagayan de Oro, has been growing over the years. The growth is driven by the increasing demand for residential, commercial, and industrial spaces. The province has seen a rise in the development of condominiums, subdivisions, shopping centers, and industrial parks.
Exploring the Cities of Misamis Oriental
Cagayan de Oro
Cagayan de Oro, often abbreviated as CDO or CdeO, is a first-class highly urbanized city in Northern Mindanao, Philippines. It is the capital of the province of Misamis Oriental and serves as the regional center for Northern Mindanao (Region X).
As of 2023, the city has a land area of 488.86 square kilometers and a population of 1,780,949, making it the 10th most populous city in the Philippines.
Economically, Cagayan de Oro is the logistical and business hub of Northern Mindanao. The city’s economy is largely based on industry, commerce, trade, service, and tourism. Its economy has been growing steadily for years, and it has a vibrant business environment with several large malls, high-rise hotels, and condominiums.
The real estate market in Cagayan de Oro is also booming. The city has seen a surge in demand for residential, commercial, and industrial spaces. The uptick in the real estate market can be attributed to the city’s robust economy, increasing population, and the influx of businesses.
Initao
Initao is a 3rd class municipality in the province of Misamis Oriental, Philippines. It is located about 39 kilometers west of the provincial capital of Cagayan de Oro and 29 kilometers east of Iligan City.
Here are some key details about Initao:
Land Area: The municipality covers a total land area of 111.27 square kilometers.
Population: As of the 2020 census, Initao has a population of 33,902 people.
Economy: The economic activity in Initao is mainly dependent on fishing, agriculture, retail, tourism, and government services.
Opol
Opol is a 2nd class municipality in the province of Misamis Oriental, Philippines. It was created from the barrios of Opol, Igpit, and Lower Iponan, which were formerly part of Cagayan de Oro, by virtue of Republic Act No. 524, approved on June 15, 1950.
Here are some key details about Opol:
Land Area: The municipality covers a total land area of 175.13 square kilometers.
Population: As of the 2020 census, Opol has a population of 66,327 people.
Economy: The economy of Opol is diverse, with key economic activities including commercial fishing, farming, tourism/hospitality, and light industry. Notable economic infrastructure includes the San Miguel/Coca-Cola bottling plant, Lechem Food Marketing, and a fishing port at Luyong-Bonbon, as well as the municipal market building, located adjacent to the Opol municipal center.
Real Estate Market: The municipality is gradually becoming more urbanized, as a result of local population growth and the expansion of nearby Cagayan de Oro. The subdivision of rural land for new residential housing is a matter of some controversy among locals.
Tourism: Opol is home to several tourist attractions, including the Philippine Ostrich & Crocodile Farm, Apple Tree Beach Resort, and Seven Seas Waterpark and Resort.
Gingoog
Gingoog, officially known as the City of Gingoog, is a 1st class component city in the province of Misamis Oriental, Philippines. It is known as the “City of Good Luck” as the term Gingoog originally came from the word “Hingoog”, which means “Goodluck”, from a Lumad tribe of Manobo who settled in the area.
Here are some key details about Gingoog:
Land Area: The city covers a total land area of 568.44 square kilometers.
Population: As of the 2020 census, Gingoog has a population of 136,698 people.
Economy: Gingoog’s economy is diverse and robust. The city’s total income during the year 2000 reached P296,731.65, of which 98.43% accrued in the General Fund. The biggest bulk of the city’s income was derived from tax revenues complementing around 95.5% of the total earnings of the year. One major component of this income class is the Internal Revenue Allotment (IRA) which contributed a total amount of P259.69 Million or 93.04%.
Balingasag
Balingasag is a municipality located in the province of Misamis Oriental, Philippines. It is the 3rd largest municipality in the province in terms of land area, which is approximately 328.34 square kilometers. As of the 2020 census, the municipality has a population of 75,075 people.
The economy of Balingasag is primarily based on agriculture, with rice, corn, and coconut as the main crops. It also has a thriving fishing industry due to its coastal location. The municipality is also known for its production of native products such as mats, baskets, and hats made from pandan leaves.
As for the real estate market, Balingasag is experiencing a steady growth. The municipality is becoming an attractive location for both residential and commercial developments due to its strategic location and the ongoing infrastructure projects in the area.
Source: wikipedia
