Foreclosed Condo Unit for Sale in Saekyung Village I, Lapu-Lapu City, Cebu (Unit B3-124)

This foreclosed condominium unit is in Saekyung Village I, Barangay Marigondon, Lapu-Lapu City, Cebu, and Pag-IBIG Fund is offering it through the 2nd public auction. The record lists it as Unit B3-124 on the 1st floor. Its floor area is 24 sqm.

The minimum bid price is set at ₱1,797,120 (roughly ₱74,880 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. The offer period was set for Oct 12 to Oct 16, 2026, closing at 11:59 PM Philippine time, with the bid opening on Oct 21, 2026 at 9:00 AM.

Its occupancy status is "occupied/closed", so plan for possible occupants, who are the buyer's responsibility. 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.

The required gross monthly income for this unit is ₱29,964, based on a 30-year Pag-IBIG housing loan for the full price; that points to an amortization of about ₱10,488 a month. The handling office is Pag-IBIG's Cebu Housing Hub.