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.
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
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