The Pag-IBIG Fund’s Acquired Assets Super Sale has recorded almost 7,000 winning bids and purchase offers just six weeks after its launch, marking a strong start for the program that aims to make homeownership more accessible for Filipino workers.
Launched on 25 August, the online Super Sale registered 6,402 winning bids from interested buyers nationwide. Another 486 current occupants of Pag-IBIG-acquired properties have also submitted purchase offers, 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 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 said the program forms part of the government’s broader commitment under the Expanded Pambansang Pabahay para sa Pilipino Program, which supports the Marcos administration’s vision for a Bagong Pilipinas.
The Super Sale offers more than 30,000 foreclosed properties nationwide at reduced prices and flexible payment options. Buyers may get 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 reach as high as 40 percent for cash and 30 percent for installment.
Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta said the surge in participation can be attributed to the agency’s fully digital auction system.
“Not only are we offering our highest-ever discounts on our acquired assets, we are also providing a seamless, secure, and user-friendly platform that allows more members to participate,” Acosta said.
“What’s remarkable is that nearly 30,000 individuals registered for a Buyer ID in just one month since we launched the Super Sale, a significant surge that pushed our total to 108,643. This rapid growth shows just how many Filipinos are eager to take this opportunity to become homeowners through our Super Sale.”
New batches of properties are released weekly until 14 December, giving more members a chance to submit bids through the online portal. Acosta also encouraged current occupants of Pag-IBIG-acquired properties to take advantage of the sale and legitimize their homeownership.
“This is the best time for our current occupants to settle with Pag-IBIG Fund and become legitimate homeowners,” she said.
“We are issuing Invitations to Purchase or Lease to help them legalize their tenure and gain peace of mind, knowing they have a home to call their own.”