Foreclosed Condo Unit for Sale in Urban Deca Homes Banilad, Mandaue City, Cebu (Unit 1005)

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 1005, on the 10th floor. The unit measures 30.6 sqm.

The minimum selling price is set at ₱3,823,400 (roughly ₱124,948 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 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. The title is under consolidation, so it is still being transferred to Pag-IBIG Fund's name. 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.

Pag-IBIG puts the required gross monthly income at ₱63,750 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱22,312. A bigger down payment, or paying in cash, lowers that requirement. Pag-IBIG's Cebu Housing Hub is the handling office.