Foreclosed Townhouse for Sale in Sorrento Village, San Mateo, Rizal (Lot 20 Blk 1)

This foreclosed townhouse is in Sorrento Village, Barangay Maly, San Mateo, Rizal, and Pag-IBIG Fund is offering it through the 1st public auction. It sits at Lot 20 Blk 1. The townhouse has 44 sqm of floor area and stands on a 36-sqm lot.

The minimum bid price is ₱1,518,200, about ₱34,505 per sqm of floor area. In the 1st public auction, sealed offers must meet the minimum bid price, and the highest qualified offer wins when the bids are opened. There is no discount at this stage. 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 22, 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. Pag-IBIG's remarks list the title as under consolidation, which means it is not yet in the 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.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱25,314, according to Pag-IBIG, because the amortization of about ₱8,860 a month may not exceed 35% of income. Pag-IBIG's NCR Housing Hub handles the sale.