INVITATION FOR A PUBLIC SEALED BIDDING (August 15, 2024)
The Philippine National Bank (“PNB”) is inviting interested parties to bid for the sale of the following properties on a cash or installment basis, and in an “As-Is, Where-Is” arrangement:
| Item | Location | Classification | Status | TCT No. | Gross Areas (sq.m.) | Floor Price (Gross) |
| 1 | F.J. AGUILAR AVENUE, BO. PAMPLONA, LAS PINAS CITY | Industrial lots with warehouses | With tenants, Clean titles | 005-2019002086, 005-2019002090, 005-2024000668 | LAND: 60,158 IMPROVEMENT: 23,425 |
₱2,119,000,000.00 |
| 2 | DAGUPAN- CALASIAO ROAD (NATIONAL ROAD) AND HERRERO-PEREZ ROAD, MAYOMBO DISTRICT, DAGUPAN CITY, PANGASINAN | Residential/ Commercial | Partly with tenant, Clean title | 029-2023001398 to 029-2023001400 ; 029-2023001403 to 029-2023001414 | LAND: 21,431 IMPROVEMENT: Old warehouse |
₱369,000,000.00 |
| 3 | LOT 3-B-2-J-1-D-1, ALONG MAHARLIKA HIGHWAY, CABANATUAN CITY, NUEVA ECIJA | Commercial | Three storey concrete school building, Clean title | T-113474 | LAND: 13,820 IMPROVEMENT: Various |
₱208,000,000.00 |
| 4 | BAGUNBAYAN, STA. CRUZ, LAGUNA | Residential/ Commercial | Vacant lots, Clean titles | 058-2017006532; 058-2017006531 | LAND: 21,707 | ₱196,200,000.00 |
| 5 | LOT 2-B DON LUIS SERAFICA ST., POBLACION, MANGALDAN, PANGASINAN | Commercial / Institutional / School | With school buidlngs, Clean title | 189935 | LAND: 4,437 IMPROVEMENT: 1,405 |
₱60,000,000.00 |
| 6 | LOT 26-30, METRICA ST., BRGY. 497, SAMPALOC EAST, MANILA CITY | Residential | 10-Door 2 – Storey Apartments, Clean titles | 002-2019001828 & 002-2019001999 | LAND: 525 IMPROVEMENT: 770 |
₱51,000,000.00 |
| 7 | LOT 1, BLK 193, SAN JOAQUIN ST., COR. BODINO ST.,, SAN FRANCISCO DEL MONTE, QUEZON CITY | Residential/ Commercial | Two storey residential building, Clean title | 004-2019002484 | LAND: 536 IMPROVEMENT: 540 |
₱36,000,000.00 |
| 8 | NO. 66 EVANGLISTA AVE., SANTOLAN, PASIG DITY | Residential | With one storey res’l house, Clean Title | 011-2023000512 | LAND: 540 IMPROVEMENT: 292 |
₱35,000,000.00 |
| 9 | LOT 1-D, BAYAN-BAYANAN AVE., CONCEPCION UNO, MARIKINA CITY | Commercial | Vacant lot, Clean title | 183831 | LAND: 429 | ₱33,000,000.00 |
| 10 | LOT 155, EDRINA COR. YLAGAN COR. V. GUSTILO STREETS, BRGY. 5, SAN CARLOS CITY, NEGROS OCCIDENTAL | Residential/ Commercial | With third party occupants, Clean title | T-10406 | LAND: 6,646 | ₱24,000,000.00 |
| 11 | NO. 38 F. BAUTISTA ST., MARULAS, VALENZUELA CITY | Residential | With 2-storey res’l apartments, occupied by third parties, Clean title | V-99589 | LAND: 1,120 IMPROVEMENT: 670 |
₱22,000,000.00 |
| 12 | LOT 1-C-3-C,1-C-2 & 1-C-1, DON LUIS SERAFICA ST., POBLACION, MANGALDAN, PANGASINAN | Commercial/ Institutional | With several school buidlngs, Clean titles | 189942, 189943 and 189944 | LAND: 1,214 IMPROVEMENT: 1,042 |
₱19,000,000.00 |
| 13 | RIZAL AVE.,BRGY. MANGGAHAN, PUERTO PRINCESA CITY, PALAWAN | Commercial | With two storey commecial building, Clean title | 36039 | LAND: 418 IMPROVEMENT: 900.41 |
₱19,000,000.00 |
IMPORTANT: If you are bidding for two (2) or more items, please submit bid proposals and requirements in separate envelopes representing each bid.
| Schedule of Activities | Date | The sealed bids, together with the 10% deposit in the form of Manager/Cashier’s check must be submitted to the indicated address within the period of submission of bids. |
| Period of submission of bids Bid Administrator Acquired Assets Disposal Group 9th Floor, PNB Financial Center Macapagal Blvd., Pasay City E: aadg_sbasdiv@pnb.com.ph |
July 15, to August 15, 2024 Monday to Friday 9am to 3pm* (except holidays) * Except on deadline date when bids will only be accepted up to 9:00 AM |
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| Deadline of submission of bids | August 15, 2024, 9:00 AM | |
| Opening of bids | August 15, 2024, 9:01 AM |
Prospective bidders are enjoined to inspect the above-listed properties, including an examination on the legal status of the title prior to submitting their bids, as the sale is on an “As-Is, Where Is” basis. The winning bidder will take possession of the property only upon award subject to PNB’s approval, and the execution of the Contract to Sell / Deed of Absolute Sale, and payment of relevant charges.
This public sealed bidding is open to individuals, sole proprietorships, partnerships or corporations authorized by law to acquire properties in the Philippines. This, however, is only open to direct buyers; no brokers, agents or referrers will be entertained.
Interested bidders may secure a copy of the Terms of Reference (TOR) for the bidding of the subject properties starting on July 15, 2024 by requesting for a copy through aadg_sbasdiv@pnb.com.ph, and providing the following details in the email body: (1) Company name (if applicable); (2) Contact person; (3) Position; (4) Department or Group. Email subject should read: “TOR request for PNB properties”
For more information (including scheduling of site visits), please contact the Bid Administrator at aadg_sbasdiv@pnb.com.ph or call 8573-4631; 8573-4539; 8573-4621; 8526-3131 local 4795 or 4893.
PNB does not assume any obligation whatsoever to compensate or indemnify any bidder for any expense that may be incurred in the bidding process.