phl63 Pag-IBIG Fund launches online shopping of properties through Online Public Auction

Pag-IBIG Fund officially launched the Pag-IBIG Acquired Assets Online Public Auction (OPA) on Friday (November 15), which allows homebuyers to conveniently select from Pag-IBIG Fund’s properties for sale and submit their bids using an online platform, Pag-IBIG Fund’s top officials announced today (15 November). 

Using any device with an internet connection, homebuyers can register for their permanent Buyer ID and explore available properties—all without needing to visit a Pag-IBIG branch. The “Add to Cart” feature also allows them to submit their bids on multiple properties with just one click. 

Article continues after this advertisement

“The OPA is Pag-IBIG Fund’s response to the government’s call to be innovative in the approach to making homeownership more accessible to Filipino workers. Through this new platform, we hope to make the process of buying Pag-IBIG Fund’s acquired assets convenient and more accessible,” said Secretary Jose Rizalino L. Acuzar, who heads the Department of Human Settlements and Urban Development (DHSUD) and the 11-member Pag-IBIG Fund Board of Trustees.

FEATURED STORIES BUSINESS To the trade secretary, please save our bananas BUSINESS Experience holiday joy at Met Park’s festive estate BUSINESS DoubleDragon eyes first industrial REIT IPO in 2025

Pag-IBIG Fund Chief Executive Officer Marilene Acosta, who led the launch, emphasized the Fund’s commitment to digitalization and capitalizing on technology for improved service offerings.

“We are in the digital age. The OPA is part of our continued commitment to harness technology, with the ultimate objective of helping the Filipino worker achieve their dream of homeownership,” Acosta said.

Article continues after this advertisement

Those who wish to bid manually can still do so until 31 December 2024. Full implementation of the OPA will be effective 1 January 2025 for First (1st) and Second (2nd) Public Auction, while OPA for negotiated sale will be rolled out within November this year.

Article continues after this advertisement

ADVT.

Article continues after this advertisement

This article is brought to you by Pag-IBIG Fund.

Read more stories here:

Article continues after this advertisement

Join ‘Merry vivo Christmas’ raffle promo to win vivo X200 Pro

A festive feast awaits: RACKS and Tenya unveil new holiday offerings

Mister Potato Philippines partners with Netflix’s Squid Game 2 for “Crunch to Win” contest

Your subscription could not be saved. Please try again. Your subscription has been successful.

Subscribe to our daily newsletter

SIGN ME UP

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.phl63

READ NEXT Teresity Sy-Coson leads groundbreaking of BDO Corporate Center... ARTHALAND to build more sustainable condominiums following the... EDITORS' PICK This immersive K-pop exhibit is coming to the Philippines Camarines Sur areas now under Signal No. 5 due to Pepito Legarda hails enactment of Bacoor Assembly of 1898 Act Sunday classes on Nov. 17 suspended due to Super Typhoon Pepito LIST: Areas at high risk of storm surge due to Super Typhoon Pepito LIVE UPDATE: Super Typhoon Pepito MOST READ Super Typhoon Pepito now approaching landfall in Catanduanes 67 Eastern Visayas 2025 poll candidates are unopposed Miss Universe 2024 Live Updates LIVE UPDATES: Super Typhoon Pepito Follow @FMangosingINQ on Twitter --> View comments

• launches
• phl63
• fund
• Pag-IBIG
• Online