Foreclosed Single Detached House and Lot for Sale in Visapa Homes, Puerto Princesa City, Palawan (Lot 8 Blk 8)

This foreclosed single-detached house and lot is in Visapa Homes, Barangay Irawan, Puerto Princesa City, Palawan, and Pag-IBIG Fund is offering it through the 2nd public auction. The house has 30 sqm of floor area and stands on a 150-sqm lot.

At ₱680,310, the minimum bid price works out to about ₱22,677 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. Offers were scheduled from Oct 19 until 11:59 PM on Oct 23, 2026 (Philippine time); the bid opening was set for Oct 28, 2026 at 9:00 AM.

Pag-IBIG lists its occupancy as "occupied/closed"; any occupants would be the buyer's to deal with. Its title is still under consolidation, meaning the transfer to Pag-IBIG Fund's name is not yet complete. 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.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱11,343, according to Pag-IBIG, because the amortization of about ₱3,970 a month may not exceed 35% of income.