Foreclosed Condo Unit for Sale in Amvel Mansions, Parañaque, Metro Manila (Unit 12)

Through the 2nd public auction, Pag-IBIG Fund is selling this foreclosed condominium unit in Amvel Mansions, Barangay San Dionisio, Parañaque, Metro Manila. The listing is for Unit 12 on the 8th floor. It has a floor area of 44.8 sqm.

The minimum bid price is set at ₱2,770,020 (roughly ₱61,831 per sqm of floor area). With no winning bid in the 1st auction, the property went back to sealed bidding, where the highest qualified offer wins at the bid opening. The discount at this stage is up to 30%, depending on the mode of payment. Offers were scheduled from Oct 12 until 11:59 PM on Oct 16, 2026 (Philippine time); the bid opening was set for Oct 21, 2026 at 9:00 AM.

The unit is occupied, according to Pag-IBIG, so factor in the time and cost of dealing with the occupants. Its title is still under consolidation, meaning the transfer to Pag-IBIG Fund's name is not yet complete. The sale is as-is, where-is, which leaves repairs and any unpaid condominium dues to the buyer, so inspect the unit before making an offer.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱46,186, according to Pag-IBIG, because the amortization of about ₱16,165 a month may not exceed 35% of income.