Foreclosed Condo Unit for Sale in Urban Deca Homes Banilad, Mandaue City, Cebu (Unit 1506)

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 1506, on the 15th floor. The unit measures 30.6 sqm.

The minimum selling price is set at ₱3,856,400 (roughly ₱126,026 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.

It is listed as occupied, and dealing with any occupants is the buyer's responsibility. Its title is still under consolidation, meaning the transfer to Pag-IBIG Fund's name is not yet complete. 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 ₱64,300 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱22,505. Paying in cash or putting more money down reduces the income needed to qualify. Pag-IBIG's Cebu Housing Hub is the handling office.