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.
“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.
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.
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.
