Foreclosed Condo Unit for Sale in Bayanihan Flats - Orchard Drive, Cebu City, Cebu (Unit 2316)

Through negotiated sale, Pag-IBIG Fund is selling this foreclosed condominium unit in Bayanihan Flats - Orchard Drive, Barangay Binaliw, Cebu City, Cebu. The record lists it as Unit 2316 on the 3rd floor. Its floor area is 18.87 sqm.

The minimum selling price is set at ₱2,102,100 (roughly ₱111,399 per sqm of floor area). Negotiated sale is for properties that went unsold at public auction: they are sold at a fixed price, first come, first served, with a discount of up to 45% depending on the mode of payment and the mode of sale. The published offer window is Oct 10 to Oct 16, 2026, closing at 11:59 PM Philippine time, followed by the opening of offers on Oct 21, 2026 at 9:00 AM.

The record marks the unit as unoccupied. The title is under consolidation, so it is still being transferred to Pag-IBIG Fund's name. Like all Pag-IBIG acquired assets, it is sold as-is, where-is: inspect it first and budget for repairs and any unpaid condominium dues.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱35,049, according to Pag-IBIG, because the amortization of about ₱12,267 a month may not exceed 35% of income. The handling office is Pag-IBIG's Cebu Housing Hub.