News

Affordable housing units in Cebu under PHP 2 million comprise 18% of the current market inventory

Posted on Sun, Jan 26, 2025 8:48 PM by Marivil Du, REB in Marketing Ideas

In 2025, Cebu's affordable housing market is shaped by key factors from recent years. Back in 2023 and 2024, there was a strong push to meet the housing needs of low- and middle-income families. This effort was largely due to the growing affordability gap and the rise of informal settlements, as noted by the Triple Line Consulting report. The focus was on creating more access...

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At least 70% of residential properties in Cebu are bought with housing loans

Posted on Sun, Jan 26, 2025 8:40 PM by Marivil Du, REB in Marketing Ideas

In Cebu, over 70% of residential properties are bought using housing loans. This trend is driven by the growing demand for housing as Cebu's population continues to rise. With more people moving to the city, the need for new homes is increasing, pushing many to seek financial help through loans. Single-detached houses and condominiums are popular choices, but they often co...

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Pag-IBIG Fund released P77.33B in home loans for August 2024

Posted on Sat, Jan 25, 2025 11:38 AM by Marivil Du, REB in PAG-IBIG HDMF

Pag-IBIG Fund disbursed P77.33 billion in home loans from January to August this year, reflecting an increase of P383 million compared to the P76.94 billion released during the same period last year. This achievement marks the highest home loan release for the January to August period in the Fund’s history, surpassing same period figures from previous years and underscoring Pag-IBIG Fund&...

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Pag-IBIG Fund launches online shopping of properties through Online Public Auction

Posted on Sat, Jan 25, 2025 11:14 AM by Marivil Du, REB in PAG-IBIG HDMF

Pag-IBIG Fund officially launched the Pag-IBIG Acquired Assets Online Public Auction (OPA) on Friday (November 15), which allows homebuyers to conveniently select from Pag-IBIG Fund’s properties for sale and submit their bids using an online platform, Pag-IBIG Fund’s top officials announced today (15 November). Using any device with an internet connection, homebuyers can register...

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