Foreclosed Townhouse for Sale in Ridgepoint Subdivision, Teresa, Rizal (Lot 10 Blk 16)

This townhouse is a Pag-IBIG Fund foreclosed property in Ridgepoint Subdivision, Barangay Prinza, Teresa, Rizal, offered through the 2nd public auction. The listing is for Lot 10 Blk 16. The record shows a floor area of 47.6 sqm on a 36-sqm lot.

At ₱1,267,380, the minimum bid price works out to about ₱26,626 per sqm of floor area. The 2nd public auction follows a 1st auction with no winning bid. Offers are sealed, the highest qualified offer wins at the bid opening, and Pag-IBIG gives up to 30% discount, 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.

According to Pag-IBIG's record, the townhouse is unoccupied. 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 ₱21,132, according to Pag-IBIG, because the amortization of about ₱7,396 a month may not exceed 35% of income. The handling office is Pag-IBIG's NCR Housing Hub.