Pag-IBIG Sale Draws 7k winners, purchase offers in 6 weeks

Nearly 7,000 winning bids and purchase offers have been recorded just six weeks after the launch of Pag-IBIG Fund’s Acquired Assets Super Sale, marking a strong start for the program and reinforcing government efforts to make homeownership more accessible for Filipino workers.

The online Super Sale, beginning 25 August, has drawn 6,402 winning bids from interested buyers across the country.

In addition, 486 current occupants of Pag-IBIG-acquired properties have formally expressed intent to purchase the homes they live in, allowing them to legitimize ownership and secure a more stable future.

“We are happy to report the early success of the Pag-IBIG Acquired Assets Super Sale in providing more Filipino workers with homes of their own,” said Secretary Jose Ramon P. Aliling, head of the Department of Human Settlements and Urban Development (DHSUD) and chairperson of the Pag-IBIG Fund Board of Trustees.

“With nearly 7,000 homes with winning bids or reservations, this initiative is more than a sale — it is a concrete step toward empowering thousands of Filipino families to finally own the home they’ve long dreamed of,” Aliling stated.

Wider commitment

“For us, this forms part of a wider commitment under the Expanded Pambansang Pabahay para sa Pilipino Program to help build better, more dignified lives for our fellow Filipinos, as we push forward the Marcos administration’s vision for a Bagong Pilipinas,” he added.

The Pag-IBIG Fund Acquired Assets Super Sale features over 30,000 foreclosed properties offered at significantly reduced prices through various payment options.

For unoccupied properties, buyers may receive discounts of up to 35 percent for cash purchases, 25 percent for 12-month installment terms, and 15 percent when financed through a Pag-IBIG Housing Loan.

For occupied properties, discounts go as high as 40 percent for cash, 30 percent for installment, and 20 percent through housing loan.

Meanwhile, current occupants of acquired assets may purchase the homes they are living in through direct sale and enjoy a 10 percent discount.