Manila: The Pag-IBIG Fund has rolled out its Acquired Assets Super Sale, offering more than 30,000 foreclosed properties at discounts of up to 40 percent, making homeownership more affordable for Filipino workers. The nationwide sale was launched on Aug. 25 and will run until Dec. 14.
According to Philippines News Agency, in a Facebook video released on Sunday, the agency noted the sale covers both occupied and unoccupied properties, with discounts of 40 percent and 35 percent, respectively. The Super Sale features larger discounts compared with its previous offerings across all payment modes. Occupied units under negotiated sale now carry a 40 percent discount for cash buyers, up from 30 percent previously. Discounts for short-term installment payments have also been raised to 30 percent from 20 percent, while housing loan purchases enjoy a 20 percent discount, double the previous 10 percent.
Meanwhile, unoccupied units are offered at 35 percent off for cash buyers, 25 percent for short-term installment purchases, and 15 percent for those availing Pag-IBIG housing loans. It is open to all interested buyers, including non-members and current occupants of foreclosed units. Eligible Pag-IBIG members, especially minimum- and low-wage earners and overseas Filipino workers, may further benefit through housing loans under the Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, which carries a subsidized 3 percent interest rate for the first five years. To ensure wider participation, Pag-IBIG will post new batches of available properties weekly until the program ends on Dec. 14.
Department of Human Settlements and Urban Development Secretary Jose Ramon Aliling said the Pag-IBIG Fund is able to offer more home options by integrating foreclosed properties into the Expanded 4PH housing pipeline through the Super Sale. It also expands access to affordable and ready-for-occupancy homes for Filipino families, he added.
Meanwhile, the Pag-IBIG Fund recognized its top-performing employers, developers, and collection agencies in Mindanao during the last leg of its Stakeholders' Accomplishment Report (StAR). In a Facebook post on Thursday, the agency said the Pag-IBIG StAR serves as a platform to update stakeholders on the agency's accomplishments and to honor partners who significantly contributed to advancing its mission of providing accessible and affordable housing to Filipino workers.
For the first half of 2025, Pag-IBIG honored stakeholders for their outstanding performance, including top employers in both government and private sectors, top collection agencies, and special awardees for various achievements in housing development and member services.
