Public Sealed Biddings

Public Sealed Bidding is one of the channels traditionally engaged by PNB in the disposal of its foreclosed assets. It is a more proactive approach to ensure that PNB’s properties with established floor prices are properly marketed with the aspiration to entice potential buyers into participating and purchasing PNB’s roster of properties for sale.

In the Public Sealed Biddings, bidders submit their purchase proposals in a sealed envelope. All envelopes received are opened before a committee for evaluation.  The bidder with the highest complying bid will be declared as the winning bidder.

Public Sealed Bidding : Download Terms of Reference

Public Sealed Bidding Schedule (click on date for property listing)

2017 Schedules

• August 30, 2017
• July 28, 2017
• June 30, 2017
• May 31, 2017
• March 31, 2017
• March 31, 2017 (Motor Vehicles)
• February 24, 2017
• February 24, 2017 (Motor Vehicles)

2016 Schedules

• October 28, 2016
• October 28, 2016 (Motor Vehicles)
• August 26, 2016
• August 26, 2016 (Motor Vehicles)
• July 29, 2016
• April 29, 2016
• April 1, 2016
• February 26, 2016

2015 Schedules

• December 18, 2015
• November 27, 2015
• October 30, 2015
• August 28, 2015
• July 31, 2015
• June 26, 2015
• May 22, 2015
• May 22, 2015 (Motor Vehicles)
• April 24, 2015
• April 24, 2015 (Motor Vehicles)
• March 20, 2015
• February 27, 2015

2014 Schedules

• July 18, 2014
• June 27, 2014
• May 30, 2014
• April 25, 2014

2013 Schedules

• May 31, 2013
• April 26, 2013
• March 22, 2013
• February 22, 2013
• January 25, 2013

Please contact PNB-SAMG Customer Service to inquire on previous years’ biddings.