Foreclosed Condo Unit for Sale in Kassel Residences - Paranaque, Parañaque, Metro Manila (Unit 206)

This foreclosed condominium unit is in Kassel Residences - Paranaque, Barangay Moonwalk, Parañaque, Metro Manila, and Pag-IBIG Fund is offering it through the 2nd public auction. The record lists it as Unit 206 on the 2nd floor. Its floor area is 28.7 sqm.

The minimum bid price is set at ₱2,363,490 (roughly ₱82,352 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 19 until 11:59 PM on Oct 23, 2026 (Philippine time); the bid opening was set for Oct 28, 2026 at 9:00 AM.

It is listed as occupied, and dealing with any occupants is the buyer's responsibility. 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 ₱39,408, according to Pag-IBIG, because the amortization of about ₱13,793 a month may not exceed 35% of income. Pag-IBIG's NCR Housing Hub is the handling office.