Pag-Ibig raises housing loan limit to P10M

MANILA, Philippines – The Pag-IBIG Fund raised its maximum housing loan limit to P10 million to improve home affordability, especially in Metro Manila and other urban areas. This comes as the government moves to address the growing condo oversupply, with Colliers Philippines estimating about 30,000 unsold ready-for-occupancy units in Metro Manila alone. READ: Pag-IBIG Fund profits