INVITATION FOR A PUBLIC SEALED BIDDING (March 23, 2023)
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 | LOT 238, ARANETA ST. THRU MONICA ST., BRGY. SINGCANG AIRPORT, BACOLOD CITY, NEGROS OCCIDENTAL | Commercial | T-12923 | LAND- 200,042 | IMPVT.- 225 | ₱2,300,000,000.00 |
| 2 | LOT 9121 & Psu128423, BRGY. SILANG, CROSSING, TAGAYTAY CITY, CAVITE | Residential | 076-2011000231 076-2011000232 |
LAND- 510,479 | ₱1,684,600,000.00 |
| 3 | LOT 16-C-3-C, NATIONAL ROAD, PAMORANGON (MABIGA BEFORE), DAET, CAMARINES NORTE | Commercial/ Residential | 079-2018000220 | LAND- 46,826 | ₱234,200,000.00 |
| 4 | LOT 4250-B-1 & B-2-A BRGY. TELABASTAGAN, SAN FERNANDO, PAMPANGA | Commercial | 042-2018016990 042-2018016991 |
LAND- 4,803 | ₱124,900,000.00 |
| 5 | LOT 1395-B-3, MAHARLIKA HIGHWAY COR. SANCIANGCO ST., BRGY.BARRERA, CABANATUAN CITY, NUEVA ECIJA | Commercial | T-50445 | LAND- 5,174 | ₱120,000,000.00 |
| 6 | Lot 2-I-6-E & F, AIRPORT RD., TIGUMA, PAGADIAN CITY, ZAMBOANGA DEL SUR | Commercial | T-23,703 T-23,704 |
LAND- 15,458 | IMPVT.- 3,061 | ₱102,700,000.00 |
| 7 | LOT 2-B-4-H & LOT 1-B-6-E & F, SANTA ROSA-TAGAYTAY ROAD & OLD BRGY. ROAD,, BRGY. PUTING KAHOY,, SILANG, CAVITE | Commercial | 076-2017007200 TO 202 | LAND- 21,922 | ₱80,000,000.00 |
| 8 | UNIT 3A 3rd FLOOR, PACIFIC PLAZA CONDOMINIUM , AYALA AVE., URDANETA VILLAGE, MAKATI CITY | Resd’l Condo Unit with parking slots 54 & 55 | CCT 84746 | UNIT- 280 | ₱58,240,000.00 |
| 9 | Lot 12-A and 13 Blk 41 MONTILLA BLVD., BRGY DAGOHOY, BUTUAN CITY | Commercial | RT-36845 RT-36844 |
LAND- 661 | IMPVT.- 955 | ₱30,739,000.00 |
| 10 | Lot 1-A, BO. STO. NINO, DUMALAG, CAPIZ | Industrial | T-32216 | LAND- 95,665 | ₱28,700,000.00 |
| 11 | LOT 799-A-2-A, M. DELOS REYES ST., GEN T DE LEON, VALENZUELA CITY | Commercial/ Residential | 013-2017005783 | LAND- 400 | IMPVT.- 1,828 | ₱16,000,000.00 |
| 12 | NO.17, LOT A-1, MERCURY EXTENSION, APOLLO DRIVE, MARIES VILLAGE, BEL-AIR VILLAGE, PASONG TAMO, QUEZON CITY | Residential | 004-2019008408 | LAND- 230 | IMPVT.- 230.4 | ₱11,400,000.00 |
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 |
February 25 to March 23, 2023 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 | March 23, 2023, 9:00 AM | |
| Opening of bids | March 23, 2023, 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 February 25, 2023 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.