Foreclosed Condo Unit for Sale in Urban Deca Homes Banilad, Mandaue City, Cebu (Unit 1032)

Through negotiated sale, Pag-IBIG Fund is selling this foreclosed condominium unit in Urban Deca Homes Banilad, Barangay Banilad, Mandaue City, Cebu. It is Unit 1032, on the 10th floor. The unit measures 30.6 sqm.

The minimum selling price is ₱3,823,400, about ₱124,948 per sqm of floor area. Negotiated sale is for properties that went unsold at public auction: they are sold at a fixed price, first come, first served, with a discount of up to 45% depending on the mode of payment and the mode of sale. The published offer window is Oct 17 to Oct 23, 2026, closing at 11:59 PM Philippine time, followed by the opening of offers on Oct 27, 2026 at 9:00 AM.

The record marks the unit as occupied; any occupants are for the buyer to deal with. Its title is still under consolidation, meaning the transfer to Pag-IBIG Fund's name is not yet complete. The sale is as-is, where-is, which leaves repairs and any unpaid condominium dues to the buyer, so inspect the unit before making an offer.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱63,750, according to Pag-IBIG, because the amortization of about ₱22,312 a month may not exceed 35% of income. Pag-IBIG's Cebu Housing Hub handles the sale.