Makro's Return to Cavite Signals Major Real Estate Boost for Evo City

Updated Sep 18, 2026
ByHOMESPH NEWS
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Summary

Makro's return to the Philippines through a venture between Ayala Corporation and Thailand's CP Axtra, with long-term leases in four Ayala Land estates including Evo City in Kawit, Cavite, signals a major economic boost for the township and surrounding residential developments, enhancing the live-work-play convenience factor and accelerating property value appreciation.

Real Estate

Kawit

PHOTO COURTESY OF: Metro Cavite and Beyond
PHOTO COURTESY OF: Metro Cavite and Beyond

KAWIT, CAVITE — For savvy property investors and urban planners, the signature of a major retail anchor is often the clearest signal of an estate's tipping point. The news that wholesale giant Makro is returning to the Philippines through a high-profile venture between Ayala Corporation and Thailand's CP Axtra is doing exactly that—sending a wave of excitement through the real estate market. By securing long-term leases in four of Ayala Land's premier master-planned estates—Evo City (Cavite), Broadfield (Laguna), Arca South (Taguig), and Cloverleaf (Quezon City)—Makro isn't just opening stores; it is acting as a massive economic catalyst.

The Power of the 'Anchor Tenant'

In real estate syndication, large-format wholesale clubs act as regional magnets, guaranteeing consistent, high-volume foot traffic from both everyday consumers and commercial businesses. For surrounding residential developments within these Ayala estates, the presence of a warehouse-style wholesale center drastically enhances the "live-work-play" convenience factor. Historically, infrastructure and premium retail integration like this reliably accelerate property value appreciation. The entry of Makro into these master-planned communities follows a proven pattern where anchor tenants serve as catalysts for broader commercial activity, attracting complementary businesses and services that further enhance the estate's attractiveness to residents and investors alike.

A Nostalgic Return to Cavite's Expanding Landscape

Nowhere is this impact more symbolic than in Evo City, Kawit. Nearly twenty years after Makro's original Imus branch was absorbed into the SM network, its return to Cavite marks a full-circle moment for the province's commercial landscape. Evo City is rapidly positioning itself as the next central business district of the South. Integrating a massive wholesale and retail hub catering heavily to local businesses and households solidifies the township's self-sustainability, making the surrounding residential lots and commercial hubs a highly lucrative prospect for investors looking to capture suburban growth. The development aligns with Evo City's broader vision as a sustainable, mixed-use estate that integrates commercial, residential, and civic components, including the recently opened Our Lady of Mount Carmel Church and the expanding Ayala Malls Evo City, which has welcomed essential retailers like BPI, Watsons, and 7-Eleven.

HOMESPH NEWS

Sep 18, 2026

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