Foreclosed Condo Unit for Sale in Bayanihan Flats - Orchard Drive, Cebu City, Cebu (Unit 1203)

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 1203 on the 2nd floor. Its floor area is 18.87 sqm.

At ₱2,102,100, the minimum selling price works out to about ₱111,399 per sqm of floor area. The property went unsold at public auction, so it is offered at a fixed price, first come, first served; the discount of up to 45% depends on the mode of payment and the mode of sale. The offer period was set for Oct 17 to Oct 23, 2026, closing at 11:59 PM Philippine time, with the opening of offers on Oct 27, 2026 at 9:00 AM.

It is listed as occupied, and dealing with any occupants is the buyer's responsibility. Its title is still under consolidation, meaning the transfer to Pag-IBIG Fund's name is not yet complete. It is sold as-is, where-is, so visit the unit and set aside money for repairs and any unpaid condominium dues before you offer.

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. Pag-IBIG's Cebu Housing Hub is the handling office.