summerville-2
2 km away₱1,200,000.00Video Tour
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Property Overview
Project Selling
Ready for Occupancy / Ready for Use
Residential
House and Lot
Gold Residences Subdivision is an affordable economic housing project by Liberty Land Corporation located in Palalan, Lumbia, Cagayan De Oro City. The subdivision offers a diverse range of single-attached and duplex units designed for middle-income families. Completed in August 2022, the project features 39 house and lot units with various model types including Aniya, Magnolia, and Roseana. The community is designed with modern amenities, security features, and convenient access to major commercial centers in Lumbia.
Units
Available units in Gold Residences Subdivision
Location & Neighbourhood
- Full AddressPalalan, Lumbia, Cagayan de Oro City, Misamis Oriental
- SubdivisionGold Residences Subdivision
- City / MunicipalityCity of Cagayan De Oro
- ProvinceMisamis Oriental
- Zip Code9000
- Walkability Score65
Nearby Places
- Lumbia Barangay Hall5 mins5 minutes
- Lumbia National High School5 mins5 minutes
- Our Lady of Miraculous Medal Parish5 mins5 minutes
- Pueblo de Oro Business Park8 mins8 minutes
- SM Uptown Cagayan De Oro8 mins8 minutes
- Xavier University High School8 mins8 minutes
- Corpuz Cristi8 mins8 minutes
About the Neighbourhood
Lumbia is a growing residential and commercial barangay in Cagayan De Oro City. The area has good accessibility via motorcycle and public utility jeepneys (PUJ) from the city proper. The neighborhood features mixed residential development with nearby commercial centers and educational institutions. Upper Palalan area is characterized by newer residential subdivisions and is becoming increasingly developed.
Flood Risk Information
Lumbia barangay is susceptible to flooding during heavy rainfall and typhoon events. The area experienced flooding during Typhoon Sendong events. Approximately 72 of 80 barangays in Cagayan De Oro are susceptible to flooding. Residents should be aware of flood risks during rainy seasons.
Legal Documentation
Clear Title
Yes
Occupancy Permit
Yes
Zoning Information
Residential Zoning - The property is zoned for residential use as per DHSUD classification. Zonal value for Lumbia, Palalan area is approximately PHP 2,000 per sqm (RR - Regular Residential).
Additional Information
- Reason for SellingDeveloper project - New community development offering affordable housing opportunities
- Pet PolicyNot specified
- Renovation HistoryProject completed in August 2022 - newly built community
- Storage SpacesYard space available for storage
- Accessibility NotesGround floor units accessible; community has sidewalks for wheelchair access
Market Insights
Comparative Listings
northville-lumbia
1.5 km away₱1,400,000.00southpoint-lumbia
2.5 km away₱1,670,000.00Rental Potential
8%
Expected annual rental yield
Historical Price Trends
Lumbia residential area has seen steady appreciation in property values over the past 5 years. Economic housing projects in the area are increasingly popular due to affordable pricing and proximity to Lumbia commercial center. Pag-IBIG-financed properties dominate the market segment.
Future Development Plans
Lumbia area continues to see rapid residential development with multiple new subdivisions being launched. Proximity to Pueblo de Oro Business Park and SM Uptown suggests continued commercial growth and increased accessibility.
Reviews & Feedback 4.2
(3 reviews)
Gold Residences Resident June 15, 2023
Affordable and well-planned community with good security and accessibility to Lumbia commercial center.
Homeowner May 20, 2023
Great investment for first-time homebuyers. Flexible Pag-IBIG financing options made it easy to own a home.
Young Family November 10, 2022
Perfect for starting families. Community is safe with 24/7 security and good amenities.