INVITATION FOR A PUBLIC SEALED BIDDING (May 17, 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 1 BLOCK 133 & LOT 1 BLOCK 134, AMORSOLO ST.,EAGLE RIDGE GOLF & RESIDENTIAL ESTATES, BRGY. TRACTORA & JALAVERA, GEN. TRIAS CITY, CAVITE | Commercial | T-1298901 T-1322082 |
LAND- 13,800 | ₱82,800,000.00 |
| 2 | LOT 1721-C-7 & 1721-C-5, RIZAL AVENUE, DIGOS, DAVAO DEL SUR | Commercial | T-68453 T-68454 |
LAND- 1,335 | BUILDING- 146 | ₱50,000,000.00 |
| 3 | LOT 1 BLOCK 131, LEGASPI ST. CORNER AMORSOLO ST.,EAGLE RIDGE GOLF & RESIDENTIAL ESTATES, BRGY. TRACTORA & JALAVERA, GEN. TRIAS CITY, CAVITE | Commercial | T-1322083 | LAND- 8,048 | ₱48,300,000.00 |
| 4 | LOT 963 & 966-A, MACULELE ST, BRGY. NANHAYA, VICTORIA, LAGUNA | Residential/ Commercial | 058-2011002756 058-2011002757 |
LAND- 19,837 | BUILDING- 149 | ₱39,700,000.00 |
| 5 | NO. 1227, LOT 3, 1 & 1168-C-2-C, APOLONIA ST., MAPULANG LUPA, VALENZUELA | Residential/ Commercial | 013-2019002516 2019002517 2019002518 |
LAND- 1,150 | BUILDING- 1,670 | ₱37,700,000.00 |
| 6 | LOT 74 & 86, LIWA-LIWA/ BALINGASAY, BOLINAO, PANGASINAN | Residential/ Agricultural | 22574 | LAND- 172,915 | ₱34,600,000.00 |
| 7 | LOT 11, BLK. 11, QUIRINO HIGHWAY, FAIRVIEW, QUEZON CITY | Commercial | 004-2015006554 | LAND- 310 | BUILDING- 853.5 | ₱33,000,000.00 |
| 8 | UNIT E-1204, 12/F, EAST TEKTITE TOWER CONDOMINIUM, EXCHANGE ROAD, BRGY. SAN ANTONIO ORTIGAS, PASIG CITY | Commercial Condo Unit | 011-2018003371 | UNIT AREA- 269 | ₱31,100,000.00 |
| 9 | Lot 25 to 30, DON CARLOS ST., SAN ROQUE & SAN RAFAEL, TARLAC, TARLAC | Residential | 043-2016000541 to 043-2016000546 | LAND- 1748 | BUILDING- 1,748 | ₱30,000,000.00 |
| 10 | Lot 8008, KAY KUSING, BRGY. PLAZA ALDEA, TANAY, RIZAL PROVINCE | Commercial | 069-2011000031 | LAND- 5399 | ₱27,100,000.00 |
| 11 | UNIT 4A, 4TH FLOOR, TOWER 7 (GISELLA), TTUSCANY PRIVATE ESTATE, UPPER MCKINLEY ROAD, BRGY. FORT BONIFACIO, NICHOLS MCKINLEY, TAGUIG | Residential condo Unit with Parking Slot No. 45 | 164-2023000724 164-2023000723 |
UNIT AREA:- 131 | ₱26,900,000.00 |
| 12 | LOT 3-B, NATIONAL HIGHWAY, BRGY. OBISPO, TUY, BATANGAS | Residential | 055-2010000365 | LAND- 4,594 | ₱26,700,000.00 |
| 13 | LOT 334, OLD PROVINCIAL ROAD, SAN FERNANDO, CABIAO, NUEVA ECIJA | Residential | NT-270831 | LAND- 8,622 | BUILDING- 320 | ₱18,000,000.00 |
| 14 | NO. 4 & 6, LOT 3 & 5, BLK. 13, STA. ISABEL ST., MILAGROSA VILLAGE, MARIKINA HEIGHTS, MARIKINA | Residential | 009-2016006089 009-2016006090 |
LAND- 599 | BUILDING- 519 | ₱17,100,000.00 |
| 15 | No. 114, Lot 12 BLK. 6, JASMINE STREET, RAINBOW VILLAGE, BRGY TALON CINCO, LAS PINAS CITY | Residential | 005-2015001879 | LAND- 349 | BUILDING- 775 | ₱15,100,000.00 |
| 16 | LOT 15, BLK 8, ALAMINOS ST. CORNER CALAUAN DRIVE, BRGY. MAUNONG, P5 AYALA GREENFIELD ESTATE, CALAMBA, LAGUNA | Residential | 060-2021000029 | LAND- 451 | ₱15,000,000.00 |
| 17 | LOT 6, OREGANO STREET PLANTATION HILLS, BRGY. SULPOK AND SUPLANG, TAGAYTAY HIGHLANDS, TANAUAN CITY, BATANGAS | Residential | 056-2014000303 | LAND- 875 | ₱14,000,000.00 |
| 18 | UNIT 1510 & 1509, 12TH FLR., ANNAPOLIS,, SWIRE ELAN SUITES, GREENHILLS PO, SAN JUAN | Residential condominium units | 012-2015002217 012-2015002216 |
UNIT AREA- 79.41 | ₱10,100,000.00 |
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 Disposal Group 9th Floor, PNB Financial Center Macapagal Blvd., Pasay City E: aamg_sbasdiv@pnb.com.ph |
April 24 to May 17, 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 | May 17, 2023, 9:00 AM | |
| Opening of bids | May 17, 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 April 24, 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. 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.