Foreclosed Single Detached House and Lot for Sale in Monterey Hills 2, San Mateo, Rizal (Lot 4-A Blk 1)

This foreclosed single-detached house and lot is in Monterey Hills 2, Barangay Silangan, San Mateo, Rizal, and Pag-IBIG Fund is offering it through the 2nd public auction. The listing is for Lot 4-A Blk 1. The record shows a floor area of 58 sqm on a 119-sqm lot.

The minimum bid price is ₱2,140,290, about ₱36,902 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 published offer window is Oct 12 to Oct 16, 2026, closing at 11:59 PM Philippine time, followed by the bid opening on Oct 21, 2026 at 9:00 AM.

According to Pag-IBIG's record, the house is unoccupied. Pag-IBIG's remarks list the title as under consolidation, which means it is not yet in the Fund's name. The sale is as-is, where-is, which leaves repairs and any unpaid association dues to the buyer, so inspect the house before making an offer.

The required gross monthly income for this house is ₱35,686, based on a 30-year Pag-IBIG housing loan for the full price; that points to an amortization of about ₱12,490 a month. Pag-IBIG's NCR Housing Hub is the handling office.