Foreclosed Condo Unit for Sale in Saekyung Village I, Lapu-Lapu City, Cebu (Unit B301-508)

This foreclosed condominium unit is in Saekyung Village I, Barangay Marigondon, Lapu-Lapu City, Cebu, and Pag-IBIG Fund is offering it through negotiated sale. It is Unit B301-508, on the 5th floor. The unit measures 22 sqm.

The minimum selling price is set at ₱2,020,800 (roughly ₱91,855 per sqm of floor area). The property went unsold at public auction, so it is offered at a fixed price, first come, first served; the discount of up to 45% depends on the mode of payment and the mode of sale. Offers were scheduled from Oct 10 until 11:59 PM on Oct 16, 2026 (Philippine time); the opening of offers was set for Oct 21, 2026 at 9:00 AM.

According to Pag-IBIG's record, the unit is unoccupied. Pag-IBIG's remarks list the title as under consolidation, which means it is not yet in the 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 ₱33,694 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱11,793. Paying in cash or putting more money down reduces the income needed to qualify. Pag-IBIG's Cebu Housing Hub is the handling office.