INVITATION FOR A PUBLIC SEALED BIDDING (DECEMBER 12, 2022)
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 | Title No. | Gross Areas (sq.m.) | Floor Price (Gross) |
| 1 | J. Aguilar Ave. (CAA Rd.), Talon Tres, Las Pinas City | Residential/ Industrial | Various- 7 titles | Land: 60,158 Buildings: 12,197 |
₱1,514,900,000.00 |
| 2 | Unit 3A 3rd floor, Pacific Plaza Condominium, Ayala Ave., Urdaneta Village, Makati City | Resid’l Condo Unit | CCT 84746 | Unit area: 280 | ₱68,500,000.00 |
| 3 | Brgy. Bagong Silang & Brgy. Sta. Ana, Calatagan, Batangas | Residential/ Commercial | Various- 71 titles | Land: 1,942,398 | ₱1,187,400,000.00 |
| 4 | Petron Mega Plaza Condominium, Sen. Gil Puyat Ave., Bel-air, Makati City | Seven (7) office units & 87 Parking slots | 94 CCTs | Office: 5,252.79 Parking: 87 slots |
₱886,500,000.00 |
| 5 | Lot 7-D-2-B Airstrip St., Canlubang Industrial Park, Brgy Canlubang, Laguna | Industrial | 060-2022005482 | Land: 15,000 | ₱150,000,000.00 |
| 6 | Mc Arthur Highway corner Quiwa St., Brgy. Del Pilar, San Fernando City, Pampanga | Commercial | 042-2017017249 | Land: 7,239 Buildings: 2,916 |
₱141,000,000.00 |
| 7 | M.H. Del Pilar St., San Nicolas, Tarlac City, Tarlac | Commercial | 043-2017011632 UP TO 38 | Land: 6018 Building: 2,041 |
₱110,000,000.00 |
| 8 | Along Don Mariano Marcos Ave. & Windsor St., Brgy. Farirview, Quezon City | Commercial | 004-2018010158 | Land: 940 Building: 1,184 |
₱79,200,000.00 |
| 9 | #14 Nightingale St., Sto. Nino Village, Banilad, Mandaue City, Cebu | Residential | 111-2018007482 111-2018007483 |
Land:1,099 Buidings: 925 |
₱40,400,000.00 |
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 Management Group 9th Floor, PNB Financial Center Macapagal Blvd., Pasay City E: aamg_sbasdiv@pnb.com.ph |
November 21 to December 12, 2022 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 | December 12, 2022, 9:00 AM | |
| Opening of bids | December 12, 2022, 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. Brokers, agents or referrers are welcome to accompany and/or represent their clients during the bidding.
Interested bidders may secure a copy of the Terms of Reference (TOR) for the bidding of the subject properties starting on November 21, 2022 by requesting for a copy through aamg_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 aamg_sbasdiv@pnb.com.ph.
PNB does not assume any obligation whatsoever to compensate or indemnify any bidder for any expense that may be incurred in the bidding process.