Foreclosed Rowhouse for Sale in Tierra Monte, San Mateo, Rizal (Lot 17 Blk 28)

Through the 2nd public auction, Pag-IBIG Fund is selling this foreclosed rowhouse in Tierra Monte, Barangay Silangan, San Mateo, Rizal. The listing is for Lot 17 Blk 28. The record shows a floor area of 32 sqm on a 50-sqm lot.

The minimum bid price is ₱691,188, about ₱21,600 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 12 to Oct 16, 2026, closing at 11:59 PM Philippine time, with the bid opening on Oct 21, 2026 at 9:00 AM.

It is listed as occupied, and dealing with any occupants is the buyer's responsibility. 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.

Pag-IBIG puts the required gross monthly income at ₱11,525 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱4,034. A bigger down payment, or paying in cash, lowers that requirement. Pag-IBIG's NCR Housing Hub is the handling office.