Banks sell homes they took back from borrowers who stopped paying. BPI, Metrobank and Landbank list 276 in Metro Manila, most of them condo units. Each bank sells its own homes. Figures are from the banks' public lists as of 21 October 2026.
Pag-IBIG foreclosed homes by city →
| City | Homes | BPI | Metrobank | Landbank | Median price | Condo median ₱/sq m |
|---|---|---|---|---|---|---|
| Quezon City | 65 | 0 | 57 | 8 | ₱5,593,000 | ₱115,500 |
| Pasig | 57 | 0 | 13 | 44 | ₱3,572,000 | ₱109,220 |
| Manila | 31 | 0 | 30 | 1 | ₱4,355,222 | ₱118,511 |
| Makati | 26 | 0 | 26 | 0 | ₱5,011,500 | ₱154,009 |
| Valenzuela | 22 | 0 | 22 | 0 | ₱572,000 | ₱26,000 |
| Marikina | 14 | 0 | 14 | 0 | ₱3,377,501 | ₱85,000 |
| Las Piñas | 13 | 0 | 8 | 5 | ₱4,182,000 | – |
| Taguig | 13 | 0 | 6 | 7 | ₱3,315,000 | ₱60,394 |
| Pasay | 9 | 0 | 9 | 0 | ₱2,957,000 | ₱188,513 |
| Parañaque | 8 | 0 | 6 | 2 | ₱6,179,000 | ₱66,002 |
| Mandaluyong | 7 | 0 | 5 | 2 | ₱6,305,000 | ₱103,009 |
| Muntinlupa | 6 | 0 | 2 | 4 | ₱4,003,500 | ₱81,806 |
| San Juan | 3 | 0 | 3 | 0 | ₱6,784,229 | ₱126,007 |
| Caloocan | 2 | 0 | 1 | 1 | ₱11,228,000 | ₱68,800 |
Sources: BPI, Metrobank, Landbank. Prices are each bank's listed selling price; parking slots are left out. The lists change often, so confirm with the bank before making an offer.