Foreclosed Townhouse for Sale in Ridgepoint Subdivision, Teresa, Rizal (Lot 18 Blk 17)

This townhouse is a Pag-IBIG Fund foreclosed property in Ridgepoint Subdivision, Barangay Prinza, Teresa, Rizal, offered through the 2nd public auction. It sits at Lot 18 Blk 17. The townhouse has 47.6 sqm of floor area and stands on a 37-sqm lot.

The minimum bid price is set at ₱1,230,300 (roughly ₱25,847 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. 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 record marks the townhouse as unoccupied. The title is under consolidation, so it is still being transferred to Pag-IBIG 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 ₱20,513 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱7,180. Paying part of the price in cash or making a bigger down payment lowers the income you need. The handling office is Pag-IBIG's NCR Housing Hub.