Foreclosed Townhouse for Sale in Palmerston, Tanza, Cavite (Lot 20 Blk 24)

This townhouse is a Pag-IBIG Fund foreclosed property in Palmerston, Barangay Lambingan, Tanza, Cavite, offered through the 2nd public auction. The record places it at Lot 20 Blk 24. It has 42 sqm of floor area on a lot of 36 sqm.

At ₱1,070,820, the minimum bid price works out to about ₱25,496 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 12 to Oct 16, 2026, closing at 11:59 PM Philippine time, followed by the bid opening on 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. 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.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱17,854, according to Pag-IBIG, because the amortization of about ₱6,249 a month may not exceed 35% of income.