Foreclosed Condo Unit for Sale in Urban Deca Homes Banilad, Mandaue City, Cebu (Unit 1835)

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 record lists it as Unit 1835 on the 18th floor. Its floor area is 42.07 sqm.

The minimum selling price is set at ₱5,210,800 (roughly ₱123,860 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.

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. 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 ₱75,435 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱26,402. Pag-IBIG's Cebu Housing Hub handles the sale.