Foreclosed Townhouse for Sale in Villa San Mateo VI, San Mateo, Rizal (Lot 27 Blk 12)

This foreclosed townhouse is in Villa San Mateo VI, San Mateo, Rizal, and Pag-IBIG Fund is offering it through the 1st public auction. It sits at Lot 27 Blk 12. The townhouse has 46.6 sqm of floor area and stands on a 36-sqm lot.

At ₱1,101,600, the minimum bid price works out to about ₱23,639 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. 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 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. The title is under consolidation, so it is still being transferred to Pag-IBIG Fund's name. 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.

Pag-IBIG puts the required gross monthly income at ₱18,368 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱6,429. Pag-IBIG's NCR Housing Hub handles the sale.