Pag-Ibig ‘super sale’ offers up to 40% discount on foreclosed houses

The Home Development Mutual Fund, or Pag-Ibig Fund, is offering more than 30,000 foreclosed properties at significantly reduced prices, in a bid to create more affordable homeownership opportunities for Filipino workers.

In a statement, Pag-Ibig said the “super sale” of acquired assets offers up to 40-percent discounts on occupied units and up to 35 percent on unoccupied units.

It also allows current occupants of foreclosed properties to legitimize ownership at a lower cost. They will be invited to purchase or lease the property they currently occupy, Pag-Ibig CEO Marilene Acosta said.

The limited-time offer runs from Aug. 25 to Dec. 14, 2025.

Pag-Ibig said the discount was part of the agency’s initiatives under the Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, and aims to expand access to ready-for-occupancy homes for Filipino workers.

Price cuts

The Fund explained that it already offers its acquired assets under discounted terms. But the price cuts have increased across all payment modes under the new promo.

As such, occupied properties now receive an additional 10 percent discount, while unoccupied units enjoy an extra 5 percent.

For example, occupied properties under negotiated sale are now 40 percent off their normal prices via cash purchases, bigger than 30 percent previously.

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Short-term installment payments come with 30 percent discounts, up from 20 percent, while purchases through Pag-Ibig housing loans are now offered at a 20-percent discount, double the previous 10 percent.

Unoccupied properties have also become more affordable, with discounts raised to 35 percent for cash buyers, 25 percent for short-term installment buyers and 15 percent for those using Pag-Ibig housing loans.

Pag-Ibig said homebuyers may also avail themselves of the new “special subsidized” interest rate of 3 percent, which would apply to the first five years of housing loans.

The rate is available to eligible first-time homebuyers from the lowest income segments up to the seventh income decile—those earning below P47,856 per month in Metro Manila and P34,686 in other regions.