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Lanao del Norte is a province in the Philippines located in the Northern Mindanao region. Its capital is Tubod. The province is bordered by Iligan City to the north, Bukidnon to the east, Lanao del Sur to the southeast, and the Illana Bay to the south.
An Overview of Lanao del Norte
Cities and Municipalities: Lanao del Norte is composed of 22 municipalities and 1 city. The municipalities include Bacolod, Baloi, Baroy, Kapatagan, Kauswagan, Kolambugan, Lala, Magsaysay, Maigo, Matungao, Munai, Nunungan, Pantao Ragat, Pantar, Poona Piagapo, Salvador, Sapad, Sultan Naga Dimaporo, Tagoloan, Tangcal, Tubod, and Baroy. The lone city is Iligan.
Land Area: The province has a total land area of 3,346.57 square kilometers.
Population: As of the 2020 census, Lanao del Norte has a population of 676,395 people.
Economic Situation: The province is primarily agricultural but is also rich in mineral resources. It is known for its fertile land that produces rice, corn, coconut, and bananas. The province also has a growing livestock sector.
Real Estate Market Situation: The real estate market in Lanao del Norte is not as developed as in other regions in the Philippines. However, there is potential for growth, particularly in the areas of residential and commercial development. The province’s proximity to Iligan City, a highly urbanized city, also provides opportunities for real estate development.
Exploring the Cities of Lanao del Norte
Iligan
Iligan, officially the City of Iligan, is a 1st class highly urbanized city in Northern Mindanao, Philippines. According to the 2020 census, it has a population of 349,023 people. It is geographically within the province of Lanao del Norte but administered independently from the province. It was once part of Central Mindanao (Region XII) until the province was moved under Northern Mindanao (Region X) in 2001.
Iligan has a total land area of 813.37 square kilometers, making it one of the 10 largest cities in the Philippines in terms of land area.
Economically, Iligan is known as the Industrial Center of the South and its economy is largely based on heavy industries. It is home to industries such as the National Steel Corporation, Agus Hydroelectric Complex, and the Maria Cristina Chemical Industries. The city also has a steady growing retail industry, with several malls and shopping centers providing jobs and contributing to the city’s economy.
The real estate market in Iligan is growing, with a number of residential and commercial developments in recent years. The city’s strategic location, coupled with its growing economy, has made it an attractive place for real estate investments.
Source: wikipedia
