Foreclosed Condo Unit for Sale in Urban Deca Homes H. Cortes, Cebu City, Cebu (Unit B16-107)

Through the 2nd public auction, Pag-IBIG Fund is selling this foreclosed condominium unit in Urban Deca Homes H. Cortes, Barangay Kasambagan, Cebu City, Cebu. It is Unit B16-107. The unit measures 26.8 sqm.

The minimum bid price is set at ₱2,402,370 (roughly ₱89,641 per sqm of floor area). With no winning bid in the 1st auction, the property went back to sealed bidding, where the highest qualified offer wins at the bid opening. The discount at this stage is up to 30%, depending on the mode of payment. The published offer window is Oct 19 to Oct 23, 2026, closing at 11:59 PM Philippine time, followed by the bid opening on Oct 28, 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. 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.

The required gross monthly income for this unit is ₱40,056, based on a 30-year Pag-IBIG housing loan for the full price; that points to an amortization of about ₱14,020 a month. Pag-IBIG's Cebu Housing Hub is the handling office.