Foreclosed Lot for Sale in Imperial Ridgeview Subdivision, Sorsogon City, Sorsogon (Lot 2 Blk 61)

This foreclosed lot is in Imperial Ridgeview Subdivision, Barangay Pangpang, Sorsogon City, Sorsogon, and Pag-IBIG Fund is offering it through the 1st public auction. The listing is for Lot 2 Blk 61. It covers 150 sqm of land.

At ₱1,245,000, the minimum bid price works out to about ₱8,300 per sqm of lot area. Bidding is sealed. Every offer must meet the minimum bid price, the highest qualified offer wins when the bids are opened, and there is no discount at this stage. The offer period was set for Oct 19 to Oct 23, 2026, closing at 11:59 PM Philippine time, with the bid opening on Oct 26, 2026 at 9:00 AM.

According to Pag-IBIG's record, the lot is unoccupied. 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 any unpaid association dues to the buyer, so inspect the lot before making an offer.

Pag-IBIG puts the required gross monthly income at ₱20,759 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱7,265. Paying part of the price in cash or making a bigger down payment lowers the income you need. Pag-IBIG's Naga Housing Business Center is the handling office.