Foreclosed Rowhouse for Sale in Villa Mercedes Subdivision, Santa Rosa, Laguna (Lot 46 Blk 2)

This rowhouse is a Pag-IBIG Fund foreclosed property in Villa Mercedes Subdivision, Barangay Pook, Santa Rosa, Laguna, offered through the 2nd public auction. The record places it at Lot 46 Blk 2. It has 36 sqm of floor area on a lot of 50 sqm.

The minimum bid price is set at ₱652,500 (roughly ₱18,125 per sqm of floor area). It reached the 2nd public auction after the 1st auction ended without a winning bid. Bidding is sealed again, and Pag-IBIG labels this stage "up to 30% discount", depending on the mode of payment. The published offer window is Oct 19 to Oct 23, 2026, closing at 11:59 PM Philippine time, followed by the bid opening on Oct 28, 2026 at 9:00 AM.

The record marks the rowhouse as unoccupied. Pag-IBIG's remarks list the title as under consolidation, which means it is not yet in the 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 ₱10,879 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱3,808. Paying in cash or putting more money down reduces the income needed to qualify. Pag-IBIG's NCR Housing Hub handles the sale.