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 Jefferson & Jackson Ave., Asiaworld City, Don Galo, Paranaque City Commercial 010-2018002004
Land: 20,854 ₱7,298,900,000.00
2 Alabang-Zapote Road, Brgy. Pamplona & Talon Dos, Las Pinas City Commercial 005-2019002088
Land: 35,435
Buildings: 29,649
3 Lincoln & Jefferson Sts., Marina Baytown West, Asiaworld City, Brgy. Tambo, Paranaque City Residential 171665 up to 69 Land: 2,876 ₱1,179,200,000.00
4 Surigao-Davao Coastal Road (National Highway), Brgy. Poblacion & San Juan, Maco, Davao de Oro Commercial/ Industrial 142-2017017244
Land: 399,015 ₱541,500,000.00
5 San Fabian-Bonuan-Dagupan Diversion Road, Barangay Bonuan Boquig, Dagupan City, Pangasinan Commercial 56580 Land: 45,597 ₱145,900,000.00
6 Quezon Ave. (Prov’l Road) Brgy. Bagumbayan, Sta. Cruz, Laguna Commercial 058-2017006532
Land: 21,707 ₱98,100,000.00
7 Brgy. Tabugon, Kabankalan,, Negros Occidental Ind’l./Res’l./Agri’l. (Former Sugar Mill) T-3532 to 3536 Land-564,429
8 West Riverside St., Brgy. Damayan, San Francisco del Monte District, Quezon City Commercial 004-2019002487 Land: 1854 ₱65,500,000.00
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
December 19, 2022 to January 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
Deadline of submission of bids January 17, 2023, 9:00 AM
Opening of bids January 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. 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 December 19, 2022 by requesting for a copy through, 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

PNB does not assume any obligation whatsoever to compensate or indemnify any bidder for any expense that may be incurred in the bidding process.

Tel. No.: (+632) 8526 3131

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