Foreclosed Townhouse for Sale in Sunberry Homes Subdivision, Lapu-Lapu City, Cebu (Lot 15 Blk 11)

Through the 1st public auction, Pag-IBIG Fund is selling this foreclosed townhouse in Sunberry Homes Subdivision, Barangay Mactan, Lapu-Lapu City, Cebu. The listing is for Lot 15 Blk 11. The record shows a floor area of 49.64 sqm on a 40-sqm lot.

The minimum bid price is set at ₱1,525,000 (roughly ₱30,721 per sqm of floor area). Bidding is sealed. Every offer must meet the minimum bid price, the highest qualified offer wins when the bids are opened, and there is no discount at this stage. Offers were scheduled from Oct 26 until 11:59 PM on Oct 30, 2026 (Philippine time); the bid opening was set for Nov 3, 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 ₱25,427, based on a 30-year Pag-IBIG housing loan for the full price; that points to an amortization of about ₱8,899 a month. Pag-IBIG's Cebu Housing Hub handles the sale.