Foreclosed Rowhouse for Sale in Lumina Silay, Silay City, Negros Occidental (Lot 32 Blk 16)

Through the 1st public auction, Pag-IBIG Fund is selling this foreclosed rowhouse in Lumina Silay, Barangay Rizal, Silay City, Negros Occidental. The listing is for Lot 32 Blk 16. The record shows a floor area of 22 sqm on a 36-sqm lot.

At ₱694,600, the minimum bid price works out to about ₱31,573 per sqm of floor 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. Offers were scheduled from Oct 26 until 11:59 PM on Oct 30, 2026 (Philippine time); the bid opening was set for Nov 3, 2026 at 9:00 AM.

The record marks the rowhouse as 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 repairs and any unpaid association dues to the buyer, so inspect the rowhouse before making an offer.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱11,581, according to Pag-IBIG, because the amortization of about ₱4,053 a month may not exceed 35% of income. Paying in cash or putting more money down reduces the income needed to qualify. The handling office is Pag-IBIG's Bacolod Branch.