INVITATION FOR A PUBLIC SEALED BIDDING (March 20, 2024)

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 (No. 165), VMC Building, along Legazpi St. & Sotto St., Legazpi Village, Brgy. San Lorenzo, Makati City Commercial 224815 LAND: 821
IMPROVEMENT: 3,701
₱1,500,000,000.00
2 Aurora Boulevard corner General Araneta Street, Barangay Socorro, Cubao, Quezon City, Metro Manila Commercial RT-111548 (134471), 004-2011009375 LAND: 2,696
IMPROVEMENT: 3,657
₱800,000,000.00
3 General San Miguel Street, Barangay 4 (Sangandaan), Caloocan City Commercial 7823 & T-22987 LAND: 1,790
IMPROVEMENT: 1,285
₱600,000,000.00
4 Lot 2891-A & Lot 240-A (2890), PNB Building,General Luna Street & J. Hernandez Avenue, Barangay Abella,Naga City, Province of Camarines Sur Commercial OCT Nos. 497 & 105 LAND: 2,421
IMPROVEMENT: 5,165.14
₱500,000,000.00
5 San Pedro Street corner CM Recto Avenue, Barangay 38-D, Poblacion District, Davao City, Province of Davao del Sur Commercial T-2456 LAND: 1,792
IMPROVEMENT: 3,287
₱500,000,000.00
6 Lot 4-B (No. 1396), Quezon Avenue, Barangay South Triangle, Quezon City, Metro Manila Commercial 49758 LAND: 600
IMPROVEMENT: 816
₱300,000,000.00
7 Lot 16-C-3-C, along F. Pimentel Avenue, Barrio Mambiga (now Barangay Pamorangon), Municipality of Daet, Province of Camarines Norte Comm’l/Res’l. 079-2018000220 LAND: 46,826 ₱220,000,000.00
8 Sto. Rosario Street, Brgy. Sto. Rosario, Angeles City, Province of Pampanga Commercial 36977 LAND: 2,328 | IMPROVEMENT: 1,926 ₱200,000,000.00
9 No. 92 West Avenue, Barangay Phil-Am, District 1 (Diliman), Quezon City, Metro Manila Commercial 18416 LAND: 706
IMPROVEMENT: 828
₱170,000,000.00
10 No. 471 Shaw Boulevard, Barangay Highway Hills, Mandaluyong City, Metro Manila Commercial 43865 LAND: 663
IMPROVEMENT: 738
₱160,000,000.00
11 Psu-169601 Rizal Avenue corner Quezon Avenue corner Governor Luna Street, Barangay IV, San Fernando City, Province of La Union Commercial T-3783 LAND: 1,937
IMPROVEMENT: 1,278
₱130,000,000.00
12 Gen. Luna Street (before Calle Francisco) corner C.P Garcia Street (before Calle Guadalupe / Revolution Street), Barangay Central, Dipolog City Commercial T-11810 LAND: 2,000
IMPROVEMENT: 853
₱125,000,000.00
13 Along P. Guevarra Ave., Brgy. Uno, Municipality of Sta. Cruz, Province of Laguna Commercial 45546 & 45760 LAND: 4,344
IMPROVEMENT: 232
₱120,000,000.00
14 No. 66 (Lots 1 & 2), Evangelista Avenue, Barangay Santolan, Pasig City, Metro Manila Residential 011-2023000512 LAND: 540
IMPROVEMENT: 292
₱35,000,000.00
15 Along Rizal Ave., Brgy. Manggahan, Puerto Princesa City, Palawan Commercial 36039 LAND: 418
IMPROVEMENT: 900.41
₱25,000,000.00
16 No. 606, Lot 20-B, Block 24-D, Bautista Street, San Roque, Pasay Residential 003-2012000523 LAND: 330.22
IMPROVEMENT: 84
₱15,000,000.00
17 Lot 11-A and 11-B, J.P. Rizal Street corner Unnamed Road, Barangay VI (Poblacion), City of Calamba, Province of Laguna Residential T-369841, T-36942 LAND: 638 ₱15,000,000.00
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
E: aadg_sbasdiv@pnb.com.ph
February 26 to March 20, 2024
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 March 20, 2024, 9:00 AM
Opening of bids March 20, 2024, 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 26, 2024 by requesting for a copy through aadg_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 aadg_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.

Trunkline
Tel. No.: (+632) 8526 3131

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.
Philippine National Bank (PNB) is regulated by the Bangko Sentral ng Pilipinas
https://www.bsp.gov.ph.
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