Foreclosed Rowhouse for Sale in Lumina Silay, Silay City, Negros Occidental (Lot 31 Blk 16)

This foreclosed rowhouse is in Lumina Silay, Barangay Rizal, Silay City, Negros Occidental, and Pag-IBIG Fund is offering it through the 1st public auction. The record places it at Lot 31 Blk 16. It has 22 sqm of floor area on a lot of 36 sqm.

At ₱694,600, the minimum bid price works out to about ₱31,573 per sqm of floor area. In the 1st public auction, sealed offers must meet the minimum bid price, and the highest qualified offer wins when the bids are opened. There is no discount at this stage. The published offer window is Oct 26 to Oct 30, 2026, closing at 11:59 PM Philippine time, followed by the bid opening on Nov 3, 2026 at 9:00 AM.

The record marks the rowhouse as unoccupied. The title is under consolidation, so it is still being transferred to Pag-IBIG Fund's name. The sale is as-is, where-is, which leaves repairs and any unpaid association dues to the buyer, so inspect the rowhouse before making an offer.

Pag-IBIG puts the required gross monthly income at ₱11,581 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱4,053. A bigger down payment, or paying in cash, lowers that requirement. Pag-IBIG's Bacolod Branch handles the sale.