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 PHP3,000,000.00
4 LOT 65, BLK 2, Rodeo Countryside Estate, Brgy. Esperanza, Alfonso, Cavite Residential lot 076-2020003379 1,000.00 PHP3,000,000.00
5 LOT 61, BLK 2, Rodeo Countryside Estate, Brgy. Esperanza, Alfonso, Cavite Residential lot 076-2020003377 1,000.00 PHP3,000,000.00
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
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.

Customer Care

Bank Hotline
Tel. No.: (+632) 8573 8888
Email: customercare@pnb.com.ph
PNB Cards
Tel. No.: (+632) 8818 9818
Email: pnbcreditcards@pnb.com.ph
Deposits are insured by PDIC up to P500,000 per depositor.
PNB is regulated by the Bangko Sentral ng Pilipinas
https://www.bsp.gov.ph.
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