Foreclosed Single Attached House and Lot for Sale in Modesta Village, San Mateo, Rizal (Lot 8 Blk 32)

This foreclosed single-attached house and lot is in Modesta Village, Barangay Santo Niño, San Mateo, Rizal, and Pag-IBIG Fund is offering it through the 2nd public auction. The record places it at Lot 8 Blk 32. It has 198 sqm of floor area on a lot of 240 sqm.

The minimum bid price is set at ₱5,098,590 (roughly ₱25,750 per sqm of floor area). With no winning bid in the 1st auction, the property went back to sealed bidding, where the highest qualified offer wins at the bid opening. The discount at this stage is up to 30%, depending on the mode of payment. The offer period was set for Oct 12 to Oct 16, 2026, closing at 11:59 PM Philippine time, with the bid opening on Oct 21, 2026 at 9:00 AM.

It is listed as occupied, and dealing with any occupants is the buyer's responsibility. The title is under consolidation, so it is still being transferred to Pag-IBIG Fund's name. Like all Pag-IBIG acquired assets, it is sold as-is, where-is: inspect it first and budget for repairs and any unpaid association dues.

The required gross monthly income for this house is ₱73,811, based on a 30-year Pag-IBIG housing loan for the full price; that points to an amortization of about ₱25,834 a month.