Foreclosed Rowhouse End Unit for Sale in Lumina Iloilo, Oton, Iloilo (Lot 10 Blk 53)

Through the 1st public auction, Pag-IBIG Fund is selling this foreclosed end-unit rowhouse with a firewall in Lumina Iloilo, Barangay Abilay Norte, Oton, Iloilo. It sits at Lot 10 Blk 53. The rowhouse has 22 sqm of floor area and stands on a 51-sqm lot.

At ₱648,100, the minimum bid price works out to about ₱29,459 per sqm of floor area. A 1st public auction listing carries no discount: sealed offers must meet the minimum bid price, and the highest qualified offer wins at the bid opening. Offers were scheduled from Oct 12 until 11:59 PM on Oct 16, 2026 (Philippine time); the bid opening was set for Oct 22, 2026 at 9:00 AM.

It is listed as unoccupied. Its title is still under consolidation, meaning the transfer to Pag-IBIG Fund's name is not yet complete. 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.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱10,806, according to Pag-IBIG, because the amortization of about ₱3,782 a month may not exceed 35% of income. Paying part of the price in cash or making a bigger down payment lowers the income you need. The handling office is Pag-IBIG's Bacolod Branch.