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Property Overview
Teresa Homes III is an affordable housing development located in Paglaum Village, Barangay Mansilingan, City of Bacolod, Negros Occidental. This DHSUD-licensed project offers economical house and lot units with modern amenities and strategic location near economic highway, new LTO facilities, and Nestle industrial area. The project features gated security, community amenities, and financing options through Pag-ibig and bank programs.
Units
Available units in Teresa Homes Iii (Previously Part Of Teresa Homes)
Location & Neighbourhood
- Full AddressPaglaum Village, Barangay Mansilingan, City of Bacolod, Negros Occidental 6100
- SubdivisionPaglaum Village
- City / MunicipalityCity of Bacolod
- ProvinceNegros Occidental
- Zip Code6100
- Walkability Score65
Nearby Places
- Bacolod Economic Highway0.5 km1 minute
- Land Transportation Office (LTO)2 km5 minutes
- Nestle Philippines Plant3 km8 minutes
- New Government Center (NGC)8 km15 minutes
- Megaworld Complex10 km18 minutes
- Bacolod City Proper15 km25 minutes
About the Neighbourhood
Paglaum Village is a developing residential area in Mansilingan barangay near the Bacolod economic corridor. The area is characterized by affordable housing developments, proximity to industrial and government facilities, and ongoing infrastructure development along the economic highway.
Flood Risk Information
Located in Bacolod area with standard monsoon season flood risk. Proper drainage and elevation considerations are implemented in the subdivision design.
Legal Documentation
Zoning Information
EH Subd - BP 220 (Economic Housing Subdivision - Batas Pambansa 220)
Additional Information
- Reason for SellingDHSUD licensed development for affordable housing program
- Pet PolicyPolicy not specified - verify with developer
- Renovation HistoryNew development - completed January 2024
- Storage SpacesNo dedicated storage spaces - garage serves as primary storage
- Accessibility NotesBasic accessibility - single level construction facilitates movement for elderly and persons with disabilities
Market Insights
Comparative Listings
Rental Potential
Historical Price Trends
Bacolod affordable housing market has shown steady growth with increasing demand from employees of industrial zones and government offices. Teres Homes 3 pricing reflects the affordable housing segment with price per sqm around PHP 13,000-15,000, which is below Bacolod median of PHP 43,308 per sqm.
Future Development Plans
The area surrounding Paglaum Village is expected to see continued development along the Bacolod Economic Highway with new industrial parks, commercial establishments, and supporting infrastructure development planned for the next 5-10 years.
Reviews & Feedback 4.2
(2 reviews)
Good location near economic highway and industrial areas. Affordable pricing with Pag-ibig financing options available.
Gated and secure subdivision with decent amenities for the price point. Good investment potential in the growing Mansilingan area.