Foreclosed Rowhouse for Sale in The Royal Parks at Grosvenor Place, Tanza, Cavite (Lot 9 Blk 31)

This rowhouse is a Pag-IBIG Fund foreclosed property in The Royal Parks at Grosvenor Place, Barangay Tanauan, Tanza, Cavite, offered through the 2nd public auction. The record places it at Lot 9 Blk 31. It has 19.44 sqm of floor area on a lot of 32 sqm.

The minimum bid price is ₱397,710, about ₱20,458 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. 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 28, 2026 at 9:00 AM.

The rowhouse is occupied, according to Pag-IBIG, so factor in the time and cost of dealing with the occupants. The title is under consolidation, so it is still being transferred to Pag-IBIG Fund's name. 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 ₱6,631, according to Pag-IBIG, because the amortization of about ₱2,321 a month may not exceed 35% of income.