PAG-IBIG FUND EXTENDS ACQUIRED ASSETS SUPER SALE
The Pag-IBIG Fund has extended its Acquired Assets Super Sale, giving members and interested buyers more time to purchase foreclosed housing units at discounted prices. According to initial information, the extension covers properties in various regions, including Metro Manila and key provincial hubs where demand for affordable housing remains strong. The state-run home development fund has been promoting the sale as a way to dispose of non-performing assets while widening access to homeownership for low- to middle-income Filipinos. As of now, there are no confirmed details on the exact number of units still available, but Pag-IBIG’s online listings and branch offices are expected to provide updated inventories. The agency has been urging potential buyers to check official channels for the latest schedules, guidelines, and property details.
Based on preliminary reports, the Acquired Assets Super Sale features residential properties offered either through cash purchase, installment plans, or public bidding, depending on the category and condition of the units. Many of the properties are said to be located in existing subdivisions and housing projects, which may appeal to families seeking move-in-ready homes at lower-than-market prices. Pag-IBIG’s extension of the sale is also seen as a way to speed up the recovery of funds tied to defaulted housing loans, enabling the institution to re-channel resources into new lending programs. Interested buyers are generally required to submit documentary requirements, undergo eligibility checks, and comply with set timelines for payments or bid submissions. Specific terms, such as reservation fees, down payments, and interest rates, may vary per property and mode of sale.
The extension has drawn attention from both individual home seekers and small property investors who monitor government-acquired assets for potential bargains. According to initial information from housing market observers, such sales help temper price pressures in some urban areas by increasing the supply of relatively affordable units. However, buyers are regularly reminded to conduct due diligence, including site inspections and verification of property documents, before committing to any purchase. Pag-IBIG branches and official digital platforms are expected to continue handling inquiries, clarifying procedures, and addressing concerns about property status and occupancy. As of now, there are no confirmed details on any major policy changes linked to the extension beyond the longer sale