Land prices up. Materials up. Labor up. That’s the 2026 reality in Cagayan de Oro construction. If you’ve been waiting for prices to “stabilize,” here’s the truth: Construction rarely gets cheaper in a growing city. The 2023 vs 2026 Cost Comparison Let’s look at conservative estimates. 2023 Average Cost Per SQM (Standard Finish) ₱23,000 – ₱26,000 per sqm 2026 Average Cost Per SQM (Standard Finish) ₱30,000 – ₱35,000 per sqm That’s a ₱7,000–₱9,000 increase per sqm  in just a fe