MC

mi casa

Philippines

BuyRentSoldNew homesFind agentsHome loansGuidesCommercial
List property
MC

mi casa

Philippines

BuyRentSoldNew homesFind agentsHome loansGuidesCommercial
List property

Pag-IBIG foreclosed homes in Parañaque

Pag-IBIG Fund lists 54 foreclosed properties in Parañaque in its current sale rounds, 5% of the 1,190 it lists across Metro Manila. 35 of them are occupied. Bids are submitted only through Pag-IBIG's Online Public Auction site. Figures are from the Pag-IBIG Fund list of 20 October 2026, bid openings 20 October 2026 to 3 November 2026.

  • See each property and bid on Pag-IBIG's Online Public Auction →
  • BIR zonal values in Parañaque
  • Taxes and closing costs on a purchase
  • Pag-IBIG foreclosed homes in other Metro Manila cities

Parañaque at a glance

Prices are Pag-IBIG's minimum selling price; bids below it are not accepted.

Parañaque
Properties listed54
Condo units48
Houses6
Lots only0
Occupied35
Lowest minimum price₱928,900
Median minimum price₱2,577,300
Highest minimum price₱12,190,300
Condo median per sq m of floor area₱89,801

Compared with the BIR zonal value

The median Pag-IBIG condo unit in Parañaque is priced at ₱89,801 per sq m, 23% below the city's median BIR zonal value for residential condos (₱117,000 per sq m). Capital gains tax and documentary stamp tax on the sale are computed on the higher of the price and the zonal value.

By sale round

Pag-IBIG sells in three rounds: the 1st public auction, the 2nd public auction and negotiated sale. It says prices are discounted in the second and third rounds.

RoundPropertiesBid openings
1st public auction1322 October 2026, 26 October 2026, 3 November 2026
2nd public auction621 October 2026, 28 October 2026
Negotiated sale3520 October 2026, 21 October 2026, 27 October 2026, 3 November 2026

Projects with the most units

Names as Pag-IBIG lists them. Search the project on the Online Public Auction site for each unit's details and photos.

ProjectUnitsMinimum price
Kassel Residences - Paranaque15₱2,310,000–₱2,626,100
Fountain Breeze Condominium9₱2,411,600–₱4,362,500
Isabelle Garden Villas5₱1,636,800–₱2,478,700
Lions Park Residences5₱2,208,000–₱3,444,500
Montecarlo Residences - Premiere3₱2,192,400–₱2,317,000
Amvel Mansions2₱2,770,020–₱3,467,500
Peak Central Tower2₱6,161,000–₱6,284,000
Acasys Prime Residence Phases 11₱2,427,800

How to bid

Since 5 January 2025, bids in the 1st and 2nd public auctions are accepted only through the Online Public Auction site; negotiated sale bids moved online on 13 May 2025. Bids by drop box, courier or at a branch are no longer accepted.

To bid you need a Buyer ID, which takes a valid government ID, a Philippine mobile number and an email address. Members and non-members can register, including OFWs. A Virtual Pag-IBIG account is not required. A submitted bid is final: it cannot be changed or cancelled online.

Paying for the property

Pag-IBIG offers three modes of payment:

  • Cash, payable within 30 days.
  • Short-term instalment, payable within 12 months.
  • Long-term instalment of up to 30 years. Bids above ₱6 million in total need a co-buyer, or cash for the excess. A former owner bidding for their own property can pay only by cash or short-term instalment.

Who can buy on instalment

Individual buyers paying by instalment must meet Pag-IBIG's housing loan rules, including:

  • At least 24 monthly Pag-IBIG savings contributions (a lump-sum payment is allowed).
  • Age 65 or below when applying and no older than 70 when the loan matures.
  • No short-term loan in arrears, and no earlier Pag-IBIG housing loan that was foreclosed, cancelled, bought back or settled by dacion en pago.
  • Passing Pag-IBIG's background, credit and employment checks.

As is, where is, and occupied homes

Properties are sold as is, where is: the buyer accepts the property's condition and whether it is occupied. The listings include photos.

If an occupied property is awarded to you, getting possession is up to you as the new owner, through barangay mediation or a court case. Pag-IBIG provides the documents proving ownership and, on request, a representative to act as a witness.

Sources

  1. Pag-IBIG Fund, Online Public Auction: list of properties and FAQ (Pag-IBIG Fund list of 20 October 2026, bid openings 20 October 2026 to 3 November 2026)