Thursday, November 12, 2026 · Davao City
DavaoNews
Sign in
43 days to Christmas!
Latest
COMCO School of Communications bolsters promotion of best practices through the launch of new programs and training centerAteneo de Davao probes viral bullying video at Matina junior high campusPolice unit opens weekend gun licensing hub, offers provisional permits in Davao RegionEnergy forum urges long-term planning to keep Mindanao's power surplusCouncil finance panel recommends approval of Davao City's P17.23-billion 2027 budgetPag-IBIG offers over 20,000 homes at Mindanao Housing Fair in Davao CityAyala Land says mall and hotel upgrades are lifting rental and room ratesPhilippine Airlines launches first nonstop Manila-Chicago flightsFilipinos turn to planned borrowing as ‘ber’ months bring added expenses — PeraSureMoody's and PhilRatings launch partnership to widen business access to financingCOMCO School of Communications bolsters promotion of best practices through the launch of new programs and training centerAteneo de Davao probes viral bullying video at Matina junior high campusPolice unit opens weekend gun licensing hub, offers provisional permits in Davao RegionEnergy forum urges long-term planning to keep Mindanao's power surplusCouncil finance panel recommends approval of Davao City's P17.23-billion 2027 budgetPag-IBIG offers over 20,000 homes at Mindanao Housing Fair in Davao CityAyala Land says mall and hotel upgrades are lifting rental and room ratesPhilippine Airlines launches first nonstop Manila-Chicago flightsFilipinos turn to planned borrowing as ‘ber’ months bring added expenses — PeraSureMoody's and PhilRatings launch partnership to widen business access to financing
Business

Pag-IBIG offers over 20,000 homes at Mindanao Housing Fair in Davao City

More than 45 developers joined the fair at SMX Convention Center, where Pag-IBIG is promoting subsidised and promotional loan rates until the end of the year.

DavaoNews Desk · based on reporting by Mindanao TimesThu, Nov 12, 3:38 PM
Photo: Mindanao Times

Pag-IBIG Fund opened the Mindanao Housing Fair 2026 on Thursday, Nov. 12, at the SMX Convention Center in Davao City, offering more than 20,000 housing units from over 45 developers, according to Mindanao Times.

Pag-IBIG Fund chief executive officer Marilene C. Acosta said the fair is meant to help Filipino workers and their families find homes that suit their needs and budgets. The agency is promoting affordable financing and special offers under the government's Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) Program.

Acosta encouraged Mindanao members to take advantage of the offers, which include discounted Pag-IBIG Fund Acquired Assets and promotional housing loan rates available only until the end of the year. Qualified socialised housing buyers under Expanded 4PH can get a subsidised interest rate of 3 percent, she said, while promotional rates of 4.5 percent and 5.75 percent a year apply to housing loans of up to ₱10 million.

Department of Human Settlements and Urban Development Secretary Jose Ramon P. Aliling said the Davao fair follows similar events held in Metro Manila and the Visayas in October. "This is a national housing program, and we want Filipino families, wherever they may live, to have a real opportunity to own a home," Aliling said.

Fermin A. Sta. Teresa Jr., Pag-IBIG Fund's senior marketing and product development sector head, said the fair also offers financing help to existing homeowners. Those who already own homes may apply for additional loans for improvements, including green upgrades such as solar panel installation, while members who own a lot but no house can get financing for construction.

According to a Pag-IBIG Fund report, the agency financed 78,410 homes worth ₱127.44 billion from January to October 2026, up 15 percent in number from the same period last year. Of these, 12,969 were socialised housing units worth ₱14.40 billion benefiting minimum wage and low-income earners, a 175 percent year-on-year increase in socialised units financed.

Why it matters for Davao

Davao City residents who are Pag-IBIG members can access subsidised and promotional housing loan rates, discounted acquired assets, and home improvement or construction financing, with some offers ending this year.

This article was written by the DavaoNews desk with AI assistance, using reporting by Mindanao Times. Facts come from the original report, which we credit and link below. Our editorial policy

Read the original at Mindanao Times

How does this story make you feel?

Be the first to respond

Share this story

Sign in to get a personal share link and earn community points when readers open it.

Discussion (0)

Sign in with Google to join the discussion.

Sign in to comment

No comments yet. Start the conversation.