NEW

Brand Fit Snapshot

Best for:

Department Store AnchorsNational ChainsFast FashionCinema & LeisureMixed-Use & Office Traffic

Not ideal if:

Ultra-Luxury Positioning
Want to know if your brand fits?
Quick assessment - takes 30 seconds
Check Your Fit

SM City CDO Downtown, located at Claro M. Recto Avenue corner Osmeña Street in Cagayan de Oro's central business district, opened in 2017 as the second SM mall in the city and the first premier lifestyle destination in Northern Mindanao. With a gross floor area of 161,939 square meters and approximately 80,000 square meters of gross leasable area, it features 200 retail stores across five commercial levels, integrated with BPO offices in upper floors.

Anchor tenants include The SM Store, SM Supermarket, and BDO, complemented by a diverse tenant mix of international brands such as Uniqlo, Forever 21, Miniso, The Body Shop, and Watsons in fashion and beauty; Ace Hardware for home improvement; and dining options like Mang Inasal and various casual eateries. The mall offers 1,500 parking spaces and benefits from high accessibility via public transport and proximity to government offices, hotels, and the port, drawing urban professionals and tourists.

Market position is strong in the growing Cagayan de Oro metro area, population over 1 million, with robust economic activity from BPO, agriculture, and trade.

Leasing advantages include competitive rents averaging PHP 500-800 per square meter monthly, high occupancy rates above 90% post-pandemic, and footfall estimated at 1-2 million monthly visitors due to CBD location. However, challenges include traffic congestion, competition from nearby SM City Cagayan de Oro Uptown and Ayala Centrio Mall, and occasional flooding risks in the downtown area.

Operational quality is high with modern infrastructure, but aging adjacent buildings may impact overall district appeal. Retail performance metrics show steady sales growth, supported by demographic shifts toward middle-class consumers aged 18-45 with rising disposable incomes from PHP 20,000-50,000 monthly household averages.

For Advertisers
Advertise at this property?

Reach high-intent shoppers across digital screens, atria, and experiential placements.

Hours of Operation

Hours

Checking...
Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 09:00 PM
Saturday10:00 AM — 09:00 PM
Sunday10:00 AM — 09:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

Claro M. Recto Ave. corner Osmeña St., Cagayan De Oro, Philippines

Insights

Footfall and Accessibility

SM City CDO Downtown benefits from its prime CBD location, facilitating easy access via jeepneys, tricycles, and proximity to the Cagayan de Oro port and airport (15-20 km away). Estimated monthly footfall ranges from 1 to 2 million visitors, driven by office workers, students, and locals, with peak traffic during weekends and holidays. Public transport integration is strong, but challenges include heavy traffic during rush hours and limited pedestrian walkways, potentially reducing impulse visits. Parking availability of 1,500 spaces is adequate for a mall of this size, though overflow to street parking occurs during events. Overall, accessibility supports consistent traffic but requires retailers to factor in urban mobility issues for optimal performance.

Demographic Profile and Tenant Mix

The surrounding demographics feature a young, urban population with Cagayan de Oro's metro area exceeding 1 million residents, median age 25-35, and household incomes averaging PHP 25,000-40,000 monthly, bolstered by BPO jobs and remittances. Tenant mix is balanced with 40% fashion and accessories, 25% food and beverage, 20% services like banks and clinics, and 15% entertainment/home goods, attracting middle-income shoppers. Strengths include diverse offerings for families and young professionals, but weaknesses arise from saturation in fast fashion categories amid economic pressures like inflation. This mix supports cross-shopping but may challenge niche retailers in oversupplied segments.

Competition and Market Risks

Competition is intense with nearby malls like SM City Cagayan de Oro Uptown (opened 2001, larger at 180,000 sqm GLA) drawing suburban shoppers, Ayala Malls Centrio (premium positioning), and Limketkai Center (local focus). Market saturation in retail categories like apparel is evident, with CDO's retail vacancy at around 10-15% in 2024 reports, and rent levels stable but pressured by e-commerce growth. Risks include economic slowdowns affecting BPO sector (20% of local employment) and seasonal dips in tourism. However, the mall's downtown vibrancy provides a competitive edge in convenience retail, though retailers should monitor sales per square meter (averaging PHP 15,000-20,000 monthly) against regional benchmarks to mitigate underperformance.

Building Details

Property Type
Shopping Mall
Gross Leasable Area
81,133
Year Built
2017
Parking Spaces
1200
Average Monthly Footfall
500,000
Owner
SM Prime Holdings
Anchor Tenants
SM Store, SM Supermarket, SM Cinema, Uniqlo, Forever 21

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
20 km
Catchment area population
728,402 People
Population growth rate
1.5 %
Median age
25 Years
Household size
4.2 Persons
Education level (tertiary)
35.0 %

Median household income
336,000 PHP
Unemployment rate
4.5 %
Cost of living index
45 Index

Retail spending per capita
12,000 PHP
Spending on apparel
2,400 PHP
Spending on groceries
4,800 PHP
Spending on electronics
1,200 PHP

Annual foot traffic
6,000,000 Visitors
Dwell time
2.5 Hours
Conversion rate
25.0 %
Sales per square meter
150,000 PHP

Number of retail stores
250 Stores
Anchor tenant presence
Yes Presence
Competitor density (same category)
3 Malls/km²
Tenant diversity
High Level
Unique Concepts
10.0 %

Gross Leasable Area
81,133 m²
Number of Levels
5 Levels
Average rent per square meter
1,500 PHP/month
Vacancy rate
3.0 %
Lease term flexibility
High Level
Available retail space
5,000 m²

Proximity to main roads
Direct Access
Public transport access
High Level
Parking spaces
1,200 Spaces
Pedestrian traffic
High Level

E-commerce competition
High Level
Click-and-collect adoption
80.0 %
Internet penetration
73.0 %

Retail crime rate
Low Level
Security measures
Advanced Level

Promotional events
50 Events/year
Loyalty program penetration
60.0 %
Digital signage presence
Yes Presence

Projected foot traffic growth
7.0 %
New tenant pipeline
Ongoing Status
Mall expansion plans
Office Tower Plans
City Snapshot
Cagayan De Oro

Comprehensive market intelligence for retail expansion in this city

Market DataDemographicsTenant Mix
Get City Snapshot
City Snapshot Report Preview
Sample

Discover more shopping centers in Cagayan De Oro.

Top retail destinations across Philippines.

For Advertisers
Advertise at this property?

Reach high-intent shoppers across digital screens, atria, and experiential placements.

City Snapshot
Cagayan De Oro

Comprehensive market intelligence for retail expansion in this city

Market DataDemographicsTenant Mix
Get City Snapshot
City Snapshot Report Preview
Sample
Brands Wanted · 5,400 SF

1–1.5 year lease, below market rent, 2nd-generation, fully operational, cosmetic build-out only — move-in ready

At Market Street – The Woodlands, TX, USA

More Info