Foreclosed Properties in Metro Manila
Metro Manila currently has bank-acquired and repossessed properties across Caloocan, Manila, Makati, Mandaluyong, Pasig, Quezon City, Parañaque, Las Piñas, Marikina, Taguig, Valenzuela and other cities. The inventory includes condominium units, houses and lots, townhouses, vacant lots and commercial assets. Apartments.ph uses official bank inventories as the primary source and keeps asking prices separate from completed transaction prices.
Last verified: August 31, 2026. Availability and prices can change without notice. A listing on a bank website or PDF should be reconfirmed directly with the bank before making an offer.
Metro Manila Market Snapshot
Among the current official inventories reviewed, entry-level condominium examples start below ₱2 million, while larger houses, prime-city condominiums, vacant lots and commercial assets can run well above ₱10 million. The lowest headline price is not automatically the lowest-risk purchase. Some banks disclose title consolidation status, documentation concerns, no-possession status, pending cases or redemption status, and those flags should be weighed before comparing price alone.
| Bank / property | City | Area | Current advertised price | Approx. ₱/sqm | Disclosed status |
|---|---|---|---|---|---|
| Security Bank, Amaia Steps Novaliches Unit 114 | Caloocan | 30.00 sqm | ₱1.79M special sale price | ₱59,667 | Title consolidated under SBC |
| Security Bank, Casa de Sequoia Avila Unit 7506 | Las Piñas | 33.08 sqm | ₱2.66M special sale price | ₱80,411 | Title consolidated under SBC |
| Bank of Commerce, Amaia Skies Sta. Mesa Unit 611 | Manila | 18.60 sqm | ₱2.177M indicative price | ₱117,043 | No possession |
| Bank of Commerce, Makati Executive Tower II Unit 3206 | Makati | 25.06 sqm | ₱2.406M indicative price | ₱96,010 | No possession |
| Bank of Commerce, Crown Tower University Belt Unit 19 | Manila | 22.20 sqm | ₱2.975M indicative price | ₱134,009 | Under redemption |
| Bank of Commerce, Acqua Private Residences Niagara Tower Unit 1003 | Mandaluyong | 27.30 sqm | ₱4.368M indicative price | ₱160,000 | No possession |
| Metrobank, Ref. 10828000004034 residential condominium | Marikina | 28.10 sqm | ₱2.558M selling price | ₱91,032 | Reconfirm with bank |
| Metrobank, Ref. 10828000004029 residential condominium | Manila | 34.80 sqm | ₱3.881M selling price | ₱111,523 | Reconfirm with bank |
The price-per-square-meter figures above are simple asking-price comparisons based on the bank-published area. They do not adjust for parking, condition, building quality, occupancy, unpaid dues, renovation needs, documentation issues or other acquisition costs.
Where the Lowest Verified Entry Prices Are Showing Up
Caloocan currently has several Security Bank condominium units at Amaia Steps Novaliches below ₱2.1 million, with Unit 114 and Unit 116 advertised at a ₱1.79 million special sale price and their titles listed as consolidated under Security Bank. Bank of Commerce also lists Amaia Steps Novaliches units near the ₱1.95 million to ₱2.185 million range in its Q3 2026 Metro Manila ROPA inventory.
Manila and Mandaluyong show a wider range. Bank of Commerce lists small Amaia Skies units in Manila from roughly ₱2.177 million, while Security Bank’s current Mandaluyong condominium inventory includes Amaia Skies Shaw and other developments at higher price points. Buyers should compare disclosed title or possession status before treating two similarly priced units as equivalent.
Current Official Metro Manila Sources
| Source | What it currently provides |
|---|---|
| Bank of Commerce | Q3 2026 Metro Manila ROPA price list with property description, location, title number, area, indicative price and status flags. |
| Security Bank | Live repossessed-property inventory with suggested or sale price, lot and floor area, plus property-specific remarks. |
| Security Bank condominiums | Condo inventory with suggested and special sale prices and title-consolidation status. |
| Metrobank | Current Metro Manila acquired-property inventory with reference number, city, property type, area and selling price. |
| BDO | Official real-estate assets-for-sale portal organized by Metro Manila and other regions. |
Bank Resource Guides
For contact details, official property portals, office addresses, telephone numbers, Facebook pages, Google Maps locations and bank-specific buying procedures, use the Apartments.ph resource pages for BDO, Security Bank, Metrobank, Bank of Commerce, RCBC, BPI Buena Mano, Chinabank and EastWest.
For Pag-IBIG rather than bank-owned inventory, use the dedicated Pag-IBIG Acquired Assets guide. For the national picture, return to the Foreclosed Properties Philippines hub. The dated Metro Manila weekly roundup shows recently verified examples and links back to the banks represented in that report.
What the Bank Status Flags Mean
Bank of Commerce’s Q3 2026 list uses asterisks to identify specific risks: one asterisk means no possession, two mean with pending case, and three mean under redemption. The same document says sales are on an “as-is, where-is” and “no recourse” basis and tells buyers to conduct their own due diligence. These flags materially change the practical risk of a property and should remain visible in any comparison.
Security Bank separately discloses title status for many condominium units, including “consolidated under SBC” and “ongoing consolidation under SBC.” Its main property list also flags selected documentation or fault-line concerns. Do not infer that a property is vacant or problem-free merely because the title has been consolidated.
How to Use This Page
Use this evergreen page to understand the Metro Manila market and the disposing institutions. For a dated snapshot of properties checked this week, see the Metro Manila Foreclosed Property Weekly Watch for August 31 to September 6, 2026. For Pag-IBIG-specific buying rules, see Pag-IBIG Acquired Assets: How to Buy Foreclosed Properties Safely.
Buyer Due Diligence Checklist
Before bidding or submitting an offer, reconfirm the property with the bank, verify the exact title and property description, inspect where permitted, ask whether the bank has possession, confirm occupancy, review any disclosed case or redemption status, check real property taxes and association dues, and read the current sale terms. For properties with legal, possession or documentation concerns, independent professional advice can be worth far more than the apparent discount.