Foreclosed Condo Unit for Sale in Smile Citihomes 1, Quezon City, Metro Manila (Unit 2-3)

This condominium unit is a Pag-IBIG Fund foreclosed property in Smile Citihomes 1, Barangay Kaligayahan, Quezon City, Metro Manila, offered through the 2nd public auction. It is Unit 2-3, on the 2nd floor. The unit measures 30 sqm.

At ₱702,000, the minimum bid price works out to about ₱23,400 per sqm of floor area. With no winning bid in the 1st auction, the property went back to sealed bidding, where the highest qualified offer wins at the bid opening. The discount at this stage is up to 30%, depending on the mode of payment. The offer period was set for Oct 19 to Oct 23, 2026, closing at 11:59 PM Philippine time, with the bid opening on Oct 28, 2026 at 9:00 AM.

It is listed as occupied, and dealing with any occupants is 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. 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.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱11,705, according to Pag-IBIG, because the amortization of about ₱4,097 a month may not exceed 35% of income. Pag-IBIG's NCR Housing Hub is the handling office.