Foreclosed Townhouse for Sale in Haniyyah Homes 2, Lapu-Lapu City, Cebu (Lot 10 Blk 8)

This townhouse is a Pag-IBIG Fund foreclosed property in Haniyyah Homes 2, Barangay Calawisan, Lapu-Lapu City, Cebu, offered through the 1st public auction. The listing is for Lot 10 Blk 8. The record shows a floor area of 50 sqm on a 40-sqm lot.

The minimum bid price is ₱1,527,900, about ₱30,558 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 19 until 11:59 PM on Oct 23, 2026 (Philippine time); the bid opening was set for Oct 26, 2026 at 9:00 AM.

The townhouse is occupied, according to Pag-IBIG, so factor in the time and cost of dealing with the occupants. 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 townhouse before making an offer.

Pag-IBIG puts the required gross monthly income at ₱25,475 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱8,916. The handling office is Pag-IBIG's Cebu Housing Hub.