The Philippine Deposit Insurance Corporation (PDIC) is set to conduct a public bidding on a cash-to-cash and “as is, where is” basis 32 real properties with estimated total value of P164.62 million, based on minimum bid price. The assets include commercial, residential and agricultural real properties located in Metro Manila and Southern Tagalog Region. Prices range from P375,000.00 to P47,600,000.00.
The bidding will be held at the Agricultural Systems Cluster (ASC) Lecture Hall, Old Agronomy Building, College of Agriculture, UP Los Baños, Laguna on August 8, 2008.
PDIC advises prospective bidders to physically inspect the properties, examine and verify the titles and other related documents, and determine any unpaid taxes, fees and charges due on prior transfers before submitting bids.
Bid forms and Conditions of Bid are available at the ROPA Management and Disposal Department, PDIC Building, 2228 Chino Roces Avenue, 1231 Makati City. For inquiries, you may call at tel. nos. 02-8414671 or 02-8414669 or 0927-368-0392 or 0927-368-0393.
Full text of Invitation to Bid.