Foreclosed Condo Unit for Sale in Urban Deca Homes Banilad, Mandaue City, Cebu (Unit 948)

This condominium unit is a Pag-IBIG Fund foreclosed property in Urban Deca Homes Banilad, Barangay Banilad, Mandaue City, Cebu, offered through negotiated sale. The record lists it as Unit 948 on the 9th floor. Its floor area is 35.06 sqm.

The minimum selling price is ₱4,221,200, about ₱120,399 per sqm of floor area. Having gone unsold at public auction, it is sold at a fixed price on a first-come, first-served basis. Pag-IBIG labels this stage "up to 45% discount", depending on the mode of payment and the mode of sale. The offer period was set for Oct 24 to Oct 30, 2026, closing at 11:59 PM Philippine time, with the opening of offers on Nov 3, 2026 at 9:00 AM.

Its occupancy status is "occupied/closed", so plan for possible occupants, who are the buyer's responsibility. The title is under consolidation, so it is still being transferred to Pag-IBIG 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.

Pag-IBIG puts the required gross monthly income at ₱70,382 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱24,634. The handling office is Pag-IBIG's Cebu Housing Hub.