This first Apartments.ph Metro Manila Foreclosed Property Weekly Watch highlights 12 bank-acquired or repossessed properties that were still advertised in official bank inventories when checked on August 31, 2026. The sample covers Security Bank, Bank of Commerce and Metrobank, with advertised prices from ₱1.79 million to ₱6.192 million. It is a current research snapshot, not a claim that these are newly foreclosed this week or that every listed property remains unsold at the time you read this.
Reporting period: August 31 to September 6, 2026. Verification date: August 31, 2026. Always reconfirm availability, price, title, possession, occupancy and offer terms directly with the bank before committing funds.
This weekly report sits inside the Apartments.ph foreclosure authority cluster. Use the Foreclosed Properties Philippines hub for the national overview, the Metro Manila hub for evergreen city coverage, and the Pag-IBIG Acquired Assets guide for Pag-IBIG buying procedures. The banks represented in this report also have dedicated resource pages for Security Bank, Bank of Commerce, and Metrobank.
Key Takeaways
The lowest advertised price in this 12-property sample is ₱1.79 million for a 30 sqm Amaia Steps Novaliches unit listed by Security Bank. The lowest approximate price per square meter in the sample is also that Caloocan unit at about ₱59,667 per sqm. Bank of Commerce has several sub-₱3 million units in Manila and Makati, but some carry a “no possession” or “under redemption” status. Metrobank’s current Metro Manila inventory also includes condominiums below ₱4 million in Marikina and Manila.
12 Properties Checked This Week
| Property | Bank | City | Area | Advertised price | Approx. ₱/sqm | Status note |
|---|---|---|---|---|---|---|
| Amaia Steps Novaliches, Unit 114 | Security Bank | Caloocan | 30.00 sqm | ₱1.79M special sale | ₱59,667 | Title consolidated under SBC |
| Casa de Sequoia Avila, Unit 7506 | Security Bank | Las Piñas | 33.08 sqm | ₱2.66M special sale | ₱80,411 | Title consolidated under SBC |
| Casa de Sequoia Avila, Unit 2401 | Security Bank | Las Piñas | 32.00 sqm | ₱2.52M special sale | ₱78,750 | Title consolidated under SBC |
| Amaia Skies Sta. Mesa, Unit 611 | Bank of Commerce | Manila | 18.60 sqm | ₱2.177M indicative | ₱117,043 | No possession |
| Makati Executive Tower II, Unit 3206 | Bank of Commerce | Makati | 25.06 sqm | ₱2.406M indicative | ₱96,010 | No possession |
| Laureano di Trevi Tower 1, Unit 2512 | Bank of Commerce | Makati | 20.40 sqm | ₱2.591M indicative | ₱127,010 | No possession |
| Crown Tower University Belt, Unit 19 | Bank of Commerce | Manila | 22.20 sqm | ₱2.975M indicative | ₱134,009 | Under redemption |
| Acqua Private Residences, Niagara Tower Unit 1003 | Bank of Commerce | Mandaluyong | 27.30 sqm | ₱4.368M indicative | ₱160,000 | No possession |
| Residential condominium, Ref. 10828000004034 | Metrobank | Marikina | 28.10 sqm | ₱2.558M selling price | ₱91,032 | Verify directly |
| Residential condominium, Ref. 10828000004059 | Metrobank | Marikina | 34.00 sqm | ₱3.162M selling price | ₱93,000 | Verify directly |
| Residential condominium, Ref. 10828000004029 | Metrobank | Manila | 34.80 sqm | ₱3.881M selling price | ₱111,523 | Verify directly |
| Residential condominium, Ref. 10828000004031 | Metrobank | Taguig | 36.00 sqm | ₱6.192M selling price | ₱172,000 | Verify directly |
Price per square meter is calculated from the advertised price and published floor area. It is a comparison tool only. It does not account for parking, renovation, association dues, taxes, occupancy, possession, building condition or legal risk.
Properties Under ₱3 Million
Six entries in the sample are below ₱3 million. Security Bank’s Amaia Steps Novaliches Unit 114 is the lowest at ₱1.79 million, followed by Bank of Commerce’s Amaia Skies Sta. Mesa Unit 611 at ₱2.177 million. The difference is not merely price: Security Bank states that the title of its Amaia Steps unit is consolidated under SBC, while Bank of Commerce flags the Sta. Mesa unit as “no possession.”
That distinction is exactly why a bank-acquired property should not be evaluated only by the headline discount. A lower-priced property where the bank does not have possession can require more investigation and potentially more time or expense before the buyer can actually use the unit.
Caloocan: Lowest Entry Price in This Sample
Security Bank currently lists multiple Amaia Steps Novaliches units in Caloocan. Unit 114 and Unit 116 are each advertised at a ₱1.79 million special sale price for 30 sqm, and the bank lists their titles as consolidated under SBC. Other 30 sqm units on the same official condominium inventory are priced from roughly ₱1.83 million upward.
Las Piñas: Several Sub-₱3 Million Condos
Security Bank’s current condominium list includes several Casa de Sequoia Avila units below ₱3 million. Unit 2401 is advertised at ₱2.52 million for 32 sqm, while Unit 7506 is ₱2.66 million for 33.08 sqm. Both are listed with title consolidated under SBC. Other units in the project have different title-consolidation stages, so buyers should check the exact unit rather than assume the status is identical across the development.
Manila and Makati: Low Prices, More Status Flags
Bank of Commerce’s Q3 2026 Metro Manila ROPA price list has several small condominium units in Manila and Makati below ₱3 million. The ₱2.177 million Amaia Skies Sta. Mesa unit and ₱2.406 million Makati Executive Tower II unit are both marked with one asterisk, which the bank defines as “no possession.” The ₱2.975 million Crown Tower University Belt unit carries three asterisks, which the bank defines as “under redemption.”
Bank of Commerce states that its properties are sold on an “as-is, where-is” and “no recourse” basis, that properties and prices can change, and that the published list can sometimes still reflect a property already sold. Direct confirmation with the bank is therefore mandatory before relying on the PDF.
Marikina and Taguig: Current Metrobank Examples
Metrobank’s live Metro Manila acquired-property inventory includes residential condominiums in Marikina at ₱2.558 million for 28.10 sqm and ₱3.162 million for 34 sqm. A Manila condominium reference in the same current inventory is listed at ₱3.881 million for 34.80 sqm, while a 36 sqm Taguig condominium is advertised at ₱6.192 million. Metrobank expressly advises prospective buyers to conduct independent due diligence before making an offer.
What We Would Investigate First
For a buyer prioritizing low entry price and a clearer published title status, the Security Bank Amaia Steps Novaliches and Casa de Sequoia examples deserve further investigation. For someone targeting Makati, the Bank of Commerce Makati Executive Tower II price is comparatively low for the city, but its no-possession flag materially changes the due-diligence requirement. The Metrobank Marikina condominiums also sit in a relatively accessible price band and warrant a direct request for the complete property details and current sale status.
Official Sources Checked
Security Bank condominium inventory: confirmed current special-sale prices, floor areas and title-consolidation status for the Security Bank examples.
Bank of Commerce properties page and its Q3 2026 Metro Manila ROPA price list: confirmed indicative prices, areas and status flags for the BankCom examples.
Metrobank Metro Manila assets for sale: confirmed current reference numbers, city, property type, area and selling price for the Metrobank examples.
Before You Buy
Do not send money based only on a copied list or social-media post. Confirm the listing with the bank through its official contact channel, inspect where permitted, verify the title and property description, ask whether the bank has possession, establish who occupies the property, review unpaid taxes and association dues, and read the exact offer or bidding terms. Properties with no possession, pending litigation, redemption status or documentation concerns require substantially more due diligence.
For the permanent market page, see Foreclosed Properties in Metro Manila. For the national section, visit Foreclosed Properties Philippines. If you are considering Pag-IBIG inventory, read Pag-IBIG Acquired Assets: How to Buy Foreclosed Properties Safely.
