Foreclosed Condo Unit for Sale in Bloq Residences - Sikatuna, Cebu City, Cebu (Unit M)

Through the 2nd public auction, Pag-IBIG Fund is selling this foreclosed condominium unit in Bloq Residences - Sikatuna, Barangay Day-As, Cebu City, Cebu. It is Unit M, on the 10th floor. The unit measures 18 sqm.

At ₱1,836,540, the minimum bid price works out to about ₱102,030 per sqm of floor area. It reached the 2nd public auction after the 1st auction ended without a winning bid. Bidding is sealed again, and Pag-IBIG labels this stage "up to 30% discount", depending on the mode of payment. Offers were scheduled from Oct 26 until 11:59 PM on Oct 30, 2026 (Philippine time); the bid opening was set for Nov 4, 2026 at 9:00 AM.

According to Pag-IBIG's record, the unit is unoccupied. The title is under consolidation, so it is still being transferred to Pag-IBIG Fund's name. 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 ₱30,622, according to Pag-IBIG, because the amortization of about ₱10,718 a month may not exceed 35% of income. Paying part of the price in cash or making a bigger down payment lowers the income you need. Pag-IBIG's Cebu Housing Hub handles the sale.