Foreclosed Condo Unit for Sale in Saekyung Village I, Lapu-Lapu City, Cebu (Unit B3-1028)

This condominium unit is a Pag-IBIG Fund foreclosed property in Saekyung Village I, Barangay Marigondon, Lapu-Lapu City, Cebu, offered through the 2nd public auction. It is Unit B3-1028, on the 10th floor. The unit measures 24 sqm.

The minimum bid price is ₱1,783,890, about ₱74,329 per sqm of floor area. The 2nd public auction follows a 1st auction with no winning bid. Offers are sealed, the highest qualified offer wins at the bid opening, and Pag-IBIG gives up to 30% discount, depending on the mode of payment. The published offer window is Oct 12 to Oct 16, 2026, closing at 11:59 PM Philippine time, followed by the bid opening on Oct 21, 2026 at 9:00 AM.

Pag-IBIG lists its occupancy as "occupied/closed"; any occupants would be the buyer's to deal with. 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.

The required gross monthly income for this unit is ₱29,744, based on a 30-year Pag-IBIG housing loan for the full price; that points to an amortization of about ₱10,410 a month. Pag-IBIG's Cebu Housing Hub is the handling office.