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Pag-IBIG Batch 4706 Bidding this July 2024

Publication Batch No. 47206

  • Area / Location of Properties:
    • Cavite: General Trias City, Tanza
    • Laguna: Cabuyao City, Calamba City, Pila, San Pablo City, Santa Cruz
    • Oriental Mindoro: Baco, Bansud, Calapan City, Naujan, Puerto Galera, Socorro
  • No. of Available Units: 81
  • Period of Acceptance of Offers: July 2, 2024 – July 8, 2024

General Guidelines

  1. Property Viewing: Check the list at www.pagibigfund.gov.ph and inspect desired properties.
  2. Condition of Sale: Properties sold "AS IS, WHERE IS."
  3. Offered Price: Must be at or above the minimum gross selling price set by the Fund.
  4. Modes of Sale:
    • Group Sale:
      • For employees under the same employer with a CSA.
      • Minimum aggregate gross selling price: ₱10,000,000.
      • Discounts: 40%-45% based on total gross selling price.
    • Bulk Sale:
      • For buyers of multiple properties with a total gross selling price of at least ₱10,000,000.
      • Discounts: 40%-45%.
    • Retail Sale:
      • Open to all interested buyers.
      • Discounts: 30% (cash), 20% (short-term installment), 10% (long-term installment).

Steps to Purchase

  1. Submission of Offers: Drop sealed offers at GF Pag-IBIG Fund Calamba, National Highway, Barangay Halang, Calamba City, Laguna (Counter 5/6) from July 2 to July 8, 2024, 8:00 AM to 5:00 PM.
  2. Winning Offers: Determined on July 9, 2024. The highest offer wins; ties resolved by toss coin or draw lots.
  3. Payment:
    • Reservation fee: ₱1,000 (non-refundable).
    • Downpayment: At least 5% of net selling price (for cash or short-term installment).
    • Balance payment varies by chosen mode (cash, short-term, or long-term installment).

Contact Information

  • Inquiries: Task Force Acquired Assets Management
  • Contacts: Mr. Archimedes B. Bergancia, Ms. Emelita D. Macale, Mr. Alexses P. Orias
  • Phone: (02) 8422-3000 local 6410/6403
  • Email:[email protected]
Posted by: Admin Date Posted: Jun 25, 2024