Foreclosed Condo Unit for Sale in Kassel Residences - Paranaque, Parañaque, Metro Manila (Unit 501)

Through the 1st public auction, Pag-IBIG Fund is selling this foreclosed condominium unit in Kassel Residences - Paranaque, Barangay Moonwalk, Parañaque, Metro Manila. The listing is for Unit 501 on the 5th floor. It has a floor area of 28.7 sqm.

The minimum bid price is set at ₱2,494,000 (roughly ₱86,899 per sqm of floor area). Bidding is sealed. Every offer must meet the minimum bid price, the highest qualified offer wins when the bids are opened, and there is no discount at this stage. Offers were scheduled from Oct 26 until 11:59 PM on Oct 30, 2026 (Philippine time); the bid opening was set for Nov 3, 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.

Pag-IBIG puts the required gross monthly income at ₱41,584 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱14,554. A bigger down payment, or paying in cash, lowers that requirement. Pag-IBIG's NCR Housing Hub is the handling office.