Foreclosed Condo Unit for Sale in Urban Deca Homes Banilad, Mandaue City, Cebu (Unit 818)

This foreclosed condominium unit is in Urban Deca Homes Banilad, Barangay Banilad, Mandaue City, Cebu, and Pag-IBIG Fund is offering it through negotiated sale. The listing is for Unit 818 on the 8th floor. It has a floor area of 30.6 sqm.

At ₱3,654,900, the minimum selling price works out to about ₱119,441 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. 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.

The unit is occupied, according to Pag-IBIG, so factor in the time and cost of dealing with the occupants. 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.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱60,940, according to Pag-IBIG, because the amortization of about ₱21,329 a month may not exceed 35% of income.