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 2, SAN ISIDRO, LUMBIA, CAGAYAN DE ORO CITY, MISAMIS ORIENTAL Commercial T-152435 LAND: 106,018 | BUILDING: 1,030 ₱212,100,000.00
2 M.H. Del Pilar St., San Nicolas, Tarlac City, Tarlac Commercial Various LAND: 6,018 | BUILDING: 2041 ₱110,000,000.00
3 BAGUNBAYAN, STA. CRUZ, LAGUNA Residential/Commercial 058-2017006532; 058-2017006531 LAND: 21,707 ₱98,100,000.00
4 LOTS 484-A-3-I-1 & 484-A-3-I-2, #14 NIGHTINGALE ST, BANILAD, STO NINO VILLAGE, MANDAUE CITY, CEBU PROVINCE Residential 111-2018007482 & 111-2018007483 LAND: 1,099 | BUILDING: 1,100 ₱40,400,000.00
5 VATICAN CITY DRIVE, LOT 9-A & B, BLK 36, BF RESORT VILLAGE, BRGY. TALON DOS, LAS PINAS CPO, LAS PINAS Residential 005-2019001463 & 005-2019001464 LAND: 453| BUILDING: 600 ₱30,000,000.00
6 LOT B, BO. PANUNGYANAN, GEN TRIAS, CAVITE Agricultural 057-2019019785 LAND: 8,304 ₱37,200,000.00
8 LOT 7, BLK 18, ROAD LOT 19, BRGY. CANLUBANG, ELARO NUVALI, CALAMBA, LAGUNA Residential 060-2019025017 LAND: 756 ₱24,200,000.00
9 LOT 9-B, DON TORIBIO STREET, DON ANTONIO HEIGHTS-NORTH SUBD, HOLY SPIRIT, QUEZON CITY Residential 004-2019014722 LAND: 206.5 | BUILDING: 230.34 ₱16,500,000.00
10 Lot 3-B, ROAD LOT 10, BRGY. PUYPUY, UPLB CENTENNIAL VILLAGE, BAY, LAGUNA Agricultural 060-2015005945 LAND: 4738.5 ₱14,000,000.00
11 LOT 50, BLK 13, FILIPINAS G. JONGKO, BULUA, APOVEL, CAGAYAN DE ORO CITY, MISAMIS ORIENTAL Residential 137-2022004223 LAND: 537 | BUILDING: 655 ₱12,200,000.00
12 LOT 3332-O & 3332-P, SOLAR ALLEY PHASE 2B, BRGY MARASBARAS, V&G SUBD, TACLOBAN CITY, LEYTE PROVINCE Residential 122-2010000893 to 894 LAND: 624 | BUILDING: 422 ₱10,700,000.00
13 LOT 24, BLK 42, BRGY. NATIPUAN, P3 TERRAZAS DE PUNTA FUEGO, NASUGBU, BATANGAS Residential 055-2020001216 LAND: 351 ₱7,000,000.00
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
May 22 to June 14, 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 June 14, 2023, 9:00 AM
Opening of bids June 14, 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 May 22, 2023 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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