Foreclosed Rowhouse for Sale in Villa Luisa North Subdivision, Caloocan, Metro Manila (Lot 28 Blk 41)

Through the 2nd public auction, Pag-IBIG Fund is selling this foreclosed rowhouse in Villa Luisa North Subdivision, Barangay 171, Caloocan, Metro Manila. The listing is for Lot 28 Blk 41. The record shows a floor area of 24 sqm on a 35-sqm lot.

At ₱570,600, the minimum bid price works out to about ₱23,775 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.

The rowhouse is occupied, according to Pag-IBIG, so factor in the time and cost of dealing with the occupants. Pag-IBIG's remarks list the title as under consolidation, which means it is not yet in the Fund's name. It is sold as-is, where-is, so visit the rowhouse and set aside money for repairs and any unpaid association dues before you offer.

The required gross monthly income for this rowhouse is ₱9,514, based on a 30-year Pag-IBIG housing loan for the full price; that points to an amortization of about ₱3,330 a month.