With the launch of the Pag-IBIG Online Public Auction (OPA) platform/system for their acquired assets, here are important things to help you with participating in their online auctions.
1. Pag-IBIG Online Public Auction Registration
The first thing you need to do to participate is to register. Here is a quick step-by-step:
- Visit the pag ibig online public auction registration page: https://www.pagibigfundservices.com/OnlinePublicAuction/Registration/RequirementsView
- Click on the “Proceed” button.
- Wait for your Buyer ID which they will send via email.
2. What are the requirements
Here are the list of requirements as stated on the registration page in Step 1:
- ONE (1) VALID ID WITH SIGNATURE
- Photocopy or scanned copy of one(1) of your valid ID.
- Click here for the list of acceptable ID’s.
- Maximum file size is 3MB.File format accepted (.png, .jpg, .jpeg, .pdf)
- SELFIE PHOTO
- Selfie photo showing your valid ID card.
- Click here to see a sample.
- Maximum file size is 3MB.
- File format accepted (.png, .jpg, .jpeg, .pdf)
- ACTIVE MOBILE NUMBER
- Philippine mobile number to receive the One-Time Pin (OTP).
- SECRETARY CERTIFICATE
- Applicable only for corporate or juridical bidders
- Photocopy or scanned copy of one(1) of your Secretary Certificate
- Maximum file size is 3MB.
- File format accepted (.png, .jpg, .jpeg, .pdf)
3. You can only submit a bit during the acceptance of offers
- The “Submit Offer” button will only be available during the period of acceptance of offers
- The button will not show before/after the period of acceptance of offers.
4. Pictures are now available
Here’s a step-by-step on how to access the pictures per property
- Visit this page on Pag-IBIG’s website so see all lists of properties for sale: https://www.pagibigfundservices.com/OnlinePublicAuction
- Look for the Tranche/ Batch that include your target locations.
- Click on the “See List” button – A new window will popup with the list of properties for that Tranche/batch. Wait for it to load.
- Search/filter the list based on your preferred location, etc.
- When you find a property that you like, Click on the “View Picture” button.
5. How About Pag-IBIG Foreclosed Properties For Negotiated Sale?
According to Pag-IBIG’s Press Release, the OPA for properties under negotiated sale will be implemented sometime in November 2024. I’ll quote them below:
“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. (END)”
Source: 2024 Pag-IBIG Press/Photo Release
I checked and it appears there is already a batch of properties for negotiated sale that uses their OPA system/platform .
However, the date for acceptance of offers is already over, and I’m still waiting for the next batch for January 2025.
Got Questions?
If you have questions about Pag-IBIG’s Online Public Auction platform/system, let me know by leaving a comment below.
