SSS Housing Acquired Assets Disposal Program

The SSS Housing Acquired Assets Disposal Program offers an accessible path to homeownership, selling foreclosed properties at affordable prices with flexible payment terms. This program caters to Filipinos of legal age, both SSS members and non-members, who are interested in acquiring, owning, or holding properties in the Philippines. 

Potential buyers can expect properties sold on an “AS-IS, WHERE-IS” basis, with a straightforward application process, offering cash sale discounts and installment payment options for up to 10 years. The program aims to assist Filipinos in owning a home without the financial burden of market-rate housing.


What is the SSS Housing Acquired Assets Disposal Program?

The SSS Housing Acquired Assets Disposal Program is an important program for those seeking affordable housing solutions. The program offers foreclosed properties, often basic structures in need of improvements or repairs, to interested parties. These assets are sold under the “AS-IS, WHERE-IS” basis, meaning the buyer accepts the property in its current state.

Legal Basis

The program is legally anchored within the mandate of the SSS to support its members’ welfare. It aligns with the organization’s commitment to contribute to the national housing program by addressing the backlog through the sale of these properties.

Why It’s a Smart Move

The benefits are tangible and designed to make homeownership accessible:

  • Properties are offered at fair market values.
  • Flexible payment terms include cash or installment options.
  • Cash sales come with a 10% discount off the fair market value.
  • Installment terms span up to 10 years, with interest rates ranging from 6% to 9%.

Who is Eligible?

The doors to this program are open wide. If you’re:

  • A Filipino citizen of legal age.
  • Between 18 and 65 years old at the end of the installment term.
  • Either an SSS member or a non-member.
  • Legally capable of acquiring properties in the Philippines.
  • A former owner or successor-in-interest maintaining a lawful tenancy.

…then you can embark on the path to homeownership through this program.

What You Need

Before you get started, you’ll need:

  • A buyer’s application to purchase an SSS acquired asset.
  • A completed Buyer’s Information Sheet.
  • Valid Philippine government-issued IDs.
  • Proof of income or employment, especially for installment sales.

Step-by-Step Guide to Acquiring Your Home

  1. Find Your Property: Review the list of available properties and choose one that suits your needs and budget.
  2. Ensure Eligibility: Meet the age and legal requirements, and decide whether you’re purchasing as a member or non-member.
  3. Prepare Documentation: Collect all the necessary paperwork to support your application.
  4. Choose Your Payment: Decide between cash or installment. If opting for cash, prepare for the down payment. If installment is your choice, get ready to issue post-dated checks.
  5. Apply: Submit your application and required documents to the designated SSS office.
  6. Wait for Approval: After submission, SSS will process your application. Approval grants you the key to proceed.
  7. Settle Payments: Fulfill the down payment for cash sales or commence installment payments as scheduled.
  8. Move In: Upon successful completion of the process and payment, the property is yours to renovate and inhabit.

Key Points to Remember

  • The program offers 88 properties across several regions, including NCR, Central Luzon, and Mindanao.
  • Affordability is a cornerstone, with properties sold at or below market value.
  • Flexibility in payment terms caters to various financial capabilities.

Tips When Buying Foreclosed Assets in the Philippines

1. Finding Properties:

  • Search with banks, lending institutions, SPAV companies, and government agencies like SSS, Pag-IBIG, NHA, and GSIS.

2. Financing:

  • Get pre-qualified for a housing loan to strengthen your position.

3. Working with Professionals:

  • Partner with accredited brokers from banks or financial institutions.

4. Attending Auctions:

  • Consider auctions held by Pag-IBIG, SSS, government banks, and Land Bank.

5. Additional Costs:

  • Factor in real estate taxes, association dues, title transfer fees, and the documentary stamp tax increase.

6. Property Inspection:

  • Thoroughly inspect the property (sold “as is”) to assess its condition and potential repair needs.

7. Location Considerations:

  • Evaluate safety, natural disaster risks, access to amenities, and (for investors) proximity to infrastructure and commercial areas.

8. Making an Offer:

  • Consider market value, budget, seller expectations, and be prepared to negotiate.

9. Fees and Taxes:

  • Understand transfer taxes, documentary stamp taxes, and other administrative costs.

10. Informed Decisions:

  • Remember, affordability doesn’t always equal a good deal. Do your research and seek professional guidance.

Recent Updates

Explore the SSS Housing Acquired Assets for Sale!

Looking for a new property? The Social Security System (SSS) is excited to announce their list of available SSS Housing Acquired Assets for sale. Get a glimpse of the properties up for grabs by visiting the link: Don’t miss out on this opportunity to find your dream home!

Invitation to Bid for the Sale of SSS Properties

The SOCIAL SECURITY SYSTEM is currently accepting bids, whether in cash or through installment, for the sale of their diverse portfolio of properties. Interested bidders can find more information and access the bidding process at


Video: #eSSSkwela Webinar S02E07 | Housing Acquired Assets Disposal Program

In case you missed it, get ready to become a proud homeowner! Join the #eSSSkwela Webinar Episode 7 Part 3 and learn how you can acquire real estate properties at incredibly low prices through the Housing Acquired Assets Disposal Program of the SSS. Don’t miss this opportunity to finally have your own home sweet home.


Foreclosed Properties: Maganda bang Mag-invest Dito?

In this video, we look into the pros and cons of investing in foreclosed assets. While they may be available at a lower price, it’s important to consider any outstanding payments left by the previous owner. Join us as we explore whether this investment option is suitable for you and what essential information you should know before making a purchase.


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