Foreclosed Condo Unit for Sale in Palace Studios, San Miguel, Manila, Metro Manila (Unit 6-J1)

This condominium unit is a Pag-IBIG Fund foreclosed property in Palace Studios, Barangay 642, San Miguel, Manila, Metro Manila, offered through the 2nd public auction. It is Unit 6-J1, on the 6th floor. The unit measures 12 sqm.

The minimum bid price is set at ₱724,680 (roughly ₱60,390 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 12 until 11:59 PM on Oct 16, 2026 (Philippine time); the bid opening was set for Oct 21, 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. The title is under consolidation, so it is still being transferred to Pag-IBIG Fund's name. 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.

Pag-IBIG puts the required gross monthly income at ₱12,083 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱4,229. Paying in cash or putting more money down reduces the income needed to qualify. Pag-IBIG's NCR Housing Hub is the handling office.