Foreclosed Townhouse End Unit for Sale in Mahogany Villas, Calamba, Laguna (Lot 23 Blk 19)

This end-unit townhouse with eaves is a Pag-IBIG Fund foreclosed property in Mahogany Villas, Barangay Looc, Calamba, Laguna, offered through the 2nd public auction. The record places it at Lot 23 Blk 19. It has 38.73 sqm of floor area on a lot of 54 sqm.

At ₱932,490, the minimum bid price works out to about ₱24,077 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. Offers were scheduled from Oct 12 until 11:59 PM on Oct 16, 2026 (Philippine time); the bid opening was set for Oct 21, 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.

The required gross monthly income for this townhouse is ₱15,548, based on a 30-year Pag-IBIG housing loan for the full price; that points to an amortization of about ₱5,442 a month.