INVITATION FOR A PUBLIC SEALED BIDDING (SEPTEMBER 15, 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||Description||Title No.||Area (sq.m.)||Floor Price (Net of CWT & GRT)|
|1||LOT 2-A & LOT 2-B, JEFFERSON & JACKSON AVE., ASIAWORLD CITY, DON GALO, PARANAQUE CITY||COMMERCIAL LOTS||010-2018002004 | 010-2018002005||LAND: 20,854||₱8,341,600,000.00|
|2||LOT 2-A & LOT 1-B, ALABANG-ZAPOTE ROAD, BRGY PAMPLONA & TALON DOS, LAS PINAS CITY||COMMERCIAL PROPERTY||005-2019002088 | 005-2019002089||LAND: 35,435
|3||J. AGUILAR AVENUE (CAA ROAD) , TALON TRES, LAS PINAS CITY||COMMERCIAL/INDUSTRIAL PROPERTY||Various- 7 titles||LAND: 60,758
|4||BRGY. BAGONG SILANG AND BRGY. STA. ANA, CALATAGAN, BATANGAS||DEVELOPMENTAL LOTS||Various- 71 titles||LAND: 1,942,389||₱1,935,356,000.00|
|5||LINCOLN & JEFFERSON STS., MARINA BAYTOWN WEST , ASIAWORLD CITY, TAMBO, PARANAQUE CITY||RESIDENTIAL LOTS||171665 up to 69||LAND: 2,876||₱1,150,400,000.00|
|6||NATIONAL HIGHWAY, POBLACION, MACO, COMPOSTELA VALLEY||COMMERCIAL PROPERTY||142-2017017244 | 142-2017017245 | 142-2017015767||LAND: 399,015||₱600,000,000.00|
|7||MAC ARTHUR HIGHWAY COR. QUIWA ST., DEL PILAR, SAN FERNANDO, PAMPANGA||COMMERCIAL PROPERTY||042-2017017249||LAND: 7,239
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
Acquired Assets Management Group
9th Floor, PNB Financial Center
Macapagal Blvd., Pasay City
|August 15 to September 15, 2022
Monday to Friday
9am to 3pm*
* Except on deadline date when bids will only be accepted up to 9:00 AM
|Deadline of submission of bids||September 15, 2022, 9:00 AM|
|Opening of bids||September 15, 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 August 15, 2022 by requesting for a copy through firstname.lastname@example.org, 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 email@example.com.
PNB does not assume any obligation whatsoever to compensate or indemnify any bidder for any expense that may be incurred in the bidding process.