Foreclosed Condo Unit in Georgetown Residences Phase 1 (Building B), Valenzuela, Metro Manila (Unit B1-07)

Through negotiated sale, Pag-IBIG Fund is selling this foreclosed condominium unit in Georgetown Residences Phase 1 (Building B), Barangay Malinta, Valenzuela, Metro Manila. The record lists it as Unit B1-07 on the 1st floor. Its floor area is 20 sqm.

The minimum selling price is set at ₱1,420,000 (roughly ₱71,000 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 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.

The unit is occupied, according to Pag-IBIG, so factor in the time and cost of dealing with the occupants. Pag-IBIG's remarks list the title as under consolidation, which means it is not yet in the 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.

Pag-IBIG puts the required gross monthly income at ₱23,676 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱8,287.