Foreclosed Condo Unit for Sale in Urban Deca Homes Banilad, Mandaue City, Cebu (Unit 524)

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 524, on the 5th floor. The unit measures 30.6 sqm.

The minimum selling price is set at ₱3,790,300 (roughly ₱123,866 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. Offers were scheduled from Oct 17 until 11:59 PM on Oct 23, 2026 (Philippine time); the opening of offers was set for Oct 27, 2026 at 9:00 AM.

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

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱63,198, according to Pag-IBIG, because the amortization of about ₱22,119 a month may not exceed 35% of income. Pag-IBIG's Cebu Housing Hub is the handling office.