Bank Foreclosed Properties in Manila

The country's largest university catchment sits here, next to a working seaport, at the lowest condo prices in the Metro Manila core.

Soolok currently lists 40 bank-foreclosed properties in Manila, with a median price of ₱3.4M, ranging from ₱600K to ₱17.7M. That works out to a median of ₱104,057 per sqm. The most common property type is condominium (31 of 40).

Manila holds one of the densest concentrations of universities in the country - PUP, UST, FEU, and UE all sit within the University Belt, with PUP alone drawing over 172,000 applications in a single admissions cycle. That's a permanent renter base that doesn't depend on the broader property cycle. Manila also carries the Port of Manila, part of a port network that moved 308.5 million metric tons of cargo nationally in 2025, up 6.6% year over year.

Manila is also the one Metro Manila city with reclamation projects on hold rather than underway: three bayfront developments have been suspended since 2023 pending an environmental review still open as of late 2025. That freeze, combined with Manila carrying the fourth-largest pool of unsold condo inventory in Metro Manila, is part of why prices here run below Makati, BGC, and Ortigas for comparable unit types.

Tap Inquire on any Manila listing to connect with our team. We'll verify the title, walk you through outstanding real property tax exposure, and help you weigh proximity to the University Belt or the port area depending on whether you're buying to rent or to hold.

Foreclosed Properties in Manila

• Condominium in Manila City — ₱5,696,000
• Condo with Parking in Manila City — ₱5,155,200
• Condominium in Manila — ₱2,579,360
• Condominium in Manila — ₱7,187,700
• Condominium in Metropolitan Manila — ₱2,442,552
• Condominium in Metropolitan Manila — ₱4,060,000
• Parking Slot in Metropolitan Manila — ₱1,113,000
• Condominium in Metropolitan Manila — ₱2,610,944
• Condominium in Metropolitan Manila — ₱4,579,400
• Condominium in Metropolitan Manila — ₱3,069,000
• Condo with Parking in Manila — ₱12,113,000
• Condominium in Metropolitan Manila — ₱2,546,000
• Condominium in Manila — ₱2,520,000
• Condominium in Manila — ₱5,780,000
• Condominium in Manila — ₱2,525,600
• Condominium in Manila — ₱4,090,000
• Condominium in Manila — ₱2,763,200
• Condominium in Metropolitan Manila — ₱1,935,000
• Condo with Parking in Manila City — ₱16,542,000
• Condominium in Metropolitan Manila — ₱2,028,000
• Condominium in Manila — ₱8,670,000
• Condominium in Manila City — ₱5,065,450
• Condominium in Manila City — ₱2,325,000
• Condominium in Metro Manila — ₱5,014,240
• House & Lot in Manila — ₱7,300,000
• Commercial in Manila City — ₱17,742,400
• Condominium in Manila — ₱3,791,000
• Condominium in Manila — ₱2,538,400
• Condominium in Manila City — ₱3,936,779.69
• Condominium in Metropolitan Manila — ₱2,027,000
• Condominium in Manila — ₱2,781,600
• Condominium in Manila City — ₱3,925,600
• Condominium in Manila — ₱2,221,360
• Commercial in Manila City — ₱2,642,650
• Parking Slot in Manila — ₱600,000
• Condominium in Metropolitan Manila — ₱4,453,278.63
• Condominium in Manila — ₱3,646,400
• Commercial in Manila — ₱6,948,900
• Condominium in Metropolitan Manila — ₱2,530,000
• Condominium in Manila — ₱2,520,000

How to Buy a Bank Foreclosure in Manila Through Soolok

Buyers deal only with Soolok - no need to visit or contact multiple banks. Submit an offer form for any listing. Soolok processes and submits it to the holding bank. Approval typically takes 2-3 weeks. The buyer then pays a 20-30% cash downpayment. The balance can be financed through the holding bank's in-house loan or any bank of the buyer's choice. Move-in timelines range from 1 month (in-house financing) to 3-4 months (third-party financing). Soolok does not charge buyers any service fees or commissions.

Browse Other Locations

• Foreclosed properties in Metro Manila
• Foreclosed properties in Makati
• Foreclosed properties in Quezon City
• Foreclosed properties in Cebu
• Foreclosed properties in Davao
• Foreclosed properties in Laguna
• Foreclosed properties in Cavite
• Foreclosed properties in Batangas
• Foreclosed properties in Rizal
• Foreclosed properties in Bulacan
• Foreclosed properties in Pampanga
• Foreclosed properties in Quezon Province
• Foreclosed properties in Taguig
• Foreclosed properties in Manila
• Foreclosed properties in Lipa City
• Foreclosed properties in General Trias
• Foreclosed properties in Tarlac
• Foreclosed properties in Pasig
• Foreclosed properties in Cabanatuan City
• Foreclosed properties in Iloilo
• Foreclosed properties in Parañaque
• Foreclosed properties in Mandaluyong
• Foreclosed properties in Muntinlupa
• Foreclosed properties in Calamba City
• Foreclosed properties in Lucena City
• Foreclosed properties in Las Piñas
• Foreclosed properties in Nueva Ecija

Frequently Asked Questions

Are bank foreclosures in Manila sold "As Is, Where Is"?

Yes. Almost all bank foreclosures are sold on an "As Is, Where Is" basis. The buyer accepts the property in its current physical and legal condition. Soolok strongly recommends conducting an ocular inspection before submitting an offer.

What banks sell foreclosed properties in Manila?

Soolok lists verified foreclosures from Security Bank, BPI, Metrobank, UnionBank, and Pag-IBIG Fund, among others. All listings are sourced directly from the holding banks and verified before being published.

Can I use Pag-IBIG to finance a foreclosed property in Manila?

Yes. Soolok is Pag-IBIG accredited. Buyers can use Pag-IBIG Fund savings to finance the balance after paying the 20-30% cash downpayment to the selling bank. Pag-IBIG financing requires at least 24 monthly contributions and the property must meet Pag-IBIG's appraisal requirements.

Does Soolok charge buyers any fees?

No. Soolok does not charge buyers any service fees or commissions. The only costs a buyer pays are government transfer taxes and any loan application fees charged by their chosen bank or financing institution.