Delta Omega beat the equally though Delta Lambda, 30-28, with Christopher Salazar leading the winning squad with 12 points.
Earlier, Team Upsilon grabbed the third place honors over Council squad, 21-16.
A total of 16 squads joined the battle led by its president Harry Lim who also acted as the tournament commissioner.
Battle for third
UPSILON (21) - Dela Rama 10, Carillo 9, Verzosa 2.
COUNCIL (16) - Caballero 6, Buscato 4, Tan 4, Binondo 2.
Championship game
DELTA OMEGA (30) - Salazar 12, Baguio 10, Gayo 8.
DELTA LAMBDA (28) - Estrera 13, Fernandez 12, Cacayana 2, Lovistre 1.