INVITATION FOR A PUBLIC SEALED BIDDING (JULY 19, 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 | Descriptions | Title No. | Area (sq.m.) | Floor Price |
| 1 | Lot 1-B, E. Rodriguez Jr. Ave.,, Bo. Bagong Ilog,, Pasig City | Industrial lot with improvements | 011-2019002293 | 5,000.00 | PHP1,000,000,000.00 |
| 2 | Petron Mega Plaza Condominium, Belar, makati City | Seven (7) Office units & 87 Parking slots | Various | Office -5,252.79 Parking -1,087.50 |
PHP1,050,000,000.00 |
| 3 | Lot 63, Blk. 2, Rodeo Countryside Estate, Brgy. Esperanza, Alfonso, Cavite | Residential lot | 076-2020003378 | 1,000.00 | PHP3,000,000,000.00 |
| 4 | LOT 65, BLK 2, Rodeo Countryside Estate, Brgy. Esperanza, Alfonso, Cavite | Residential lot | 076-2020003379 | 1,000.00 | PHP3,000,000,000.00 |
| 5 | LOT 61, BLK 2, Rodeo Countryside Estate, Brgy. Esperanza, Alfonso, Cavite | Residential lot | 076-2020003377 | 1,000.00 | PHP3,000,000,000.00 |
| 6 | LOT 14, BLK 6, Rodeo Countryside Estate, Brgy. Esperanza, Alfonso, Cavite | Residential lot | 076-2020003371 | 925.00 | PHP2,800,000.00 |
| 7 | LOT 16, BLK 6, Rodeo Countryside Estate, Brgy. Esperanza, Alfonso, Cavite | Residential lot | 076-2020003376 | 925.00 | PHP2,800,000.00 |
| 8 | LOT 15, BLK 6, Rodeo Countryside Estate, Brgy. Esperanza, Alfonso, Cavite | Residential lot | 076-2020003374 | 925.00 | PHP2,800,000.00 |
| 9 | LOT 19, BLK 6, Rodeo Countryside Estate, Brgy. Esperanza, Alfonso, Cavite | Residential lot | 076-2020003375 | 925.00 | PHP2,800,000.00 |
| 10 | LOT 17, BLK 6, Rodeo Countryside Estate, Brgy. Esperanza, Alfonso, Cavite | Residential lot | 076-2020003372 | 925.00 | PHP2,800,000.00 |
| 11 | LOT 18, BLK 6, Rodeo Countryside Estate, Brgy. Esperanza, Alfonso, Cavite | Residential lot | 076-2020003373 | 925.00 | PHP2,800,000.00 |
| 12 | LOT 2-C, Dr, Osteria St., Medicion I, Imus, Cavite | House and lot | 057-2017007653 | 362.00 | PHP4,100,000.00 |
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 |
June 16 to July 19, 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 | July 19, 2022, 9:00 AM | |
| Opening of bids | July 19, 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. This, however, is only open to direct bidders; 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 June 16, 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.