Home » 184th UnionBank foreclosed real estate auction (Metro Manila & Luzon) slated on April 28, 2012

184th UnionBank foreclosed real estate auction (Metro Manila & Luzon) slated on April 28, 2012

Barely a month after their foreclosed properties auction last March 2012, UnionBank will be having another one with a lot of new items and also some old listings at reduced prices in their 184th Special Public Auction which will be on April 28, 2012. The auction venue will still be at the at the 29th Floor, UnionBank Plaza, Meralco Avenue corner Onyx Road, Ortigas Center, Pasig City, Philippines. The auction proper starts at 9:00am so please come earlier to have ample time to register.

Up for grabs are properties from Metro Manila and Luzon areas. More details can be seen on the complete listing below.


Interested bidders only need to bring Php20,000 show money in the form of cash or manager’s checks to qualify to bid, per property.

UnionBank still offers the most “affordable payment terms” for bank owned properties which can be seen below:

  • Downpayment: 10% DP (6 months to pay, zero-interest)
  • Interest: 11% per annum (fixed for 15 years)
  • Term: 15 years (maximum) thru in-house guaranteed financing
  • Discount for cash buyers: 5% (for example, cash buyers will get a Php50,000 discount for a property priced at Php1,000,000)

Download the complete list of UnionBank foreclosed properties!

Just click on the images below to view, then right-click to save. The listing of foreclosed properties has been split into 2 pages.

184th Unionbank Foreclosed Properties Auction on April 28, 2012 (page 1 of 2)
184th Unionbank Foreclosed Real Estate Properties Auction listing for April 28, 2012 (page 1 of 2) -JPG
184th Unionbank Foreclosed Properties Auction on April 28, 2012 (page 2 of 2)
184th Unionbank Foreclosed Real Estate Properties Auction listing for April 28, 2012 (page 2 of 2) – JPG

Click here to view pictures

Need more details?

For inquiries, please contact UnionBank through the following:

  • Mobile Nos. 0920-96 ASSET (27738) / 0917-81 ASSET (27738)
  • LANCE: 637-1445 or 667-6388 local 8362
  • ERIQ: 638-1445 or 667-6388 local 8373
  • DORIS: 638-0125 or 667-6388 local 8358
  • RAP: 667-6388 local 8364
  • RONALD: 637-1445 or 667-6388 local 8372
  • GEL: 667-6388 local 8374
  • JENNY: 637-1441 / 667-6388 local 8376
  • LUI: 637-1441 / 667-6388 local 8371

Need assistance from me?

If you are planning on attending the auction this coming Saturday, I would be more than glad to assist you as I will also be attending.

I believe there is a need to give bidders a quick “briefing” about the auction procedures which are strictly followed and I will explain very important points before the auction starts. So please be early, thanks! (I am also saying this to myself as it has been a challenge to make it through EDSA during Saturdays as it seems this is the designated day for unexpected road works by the MMDA and Maynilad!)

The “fine print”

Commercial properties are subject to credit approval

CWT is for the account of the buyer

The sale is on an “as is where is” basis

Misprints are not misrepresentation of any property

UnionBank may, at anytime, withdraw any of the properties listed above prior to auction

Happy hunting!


To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker License No. 3194 
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Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2012 All rights reserved.

Full disclosure: If a buyer will acknowledge me as their referror, I may receive referral fees (at no additional cost to the buyer). Thank you in advance for supporting our hard work and this website!

P.S. Thanks again to Lance and Ronald for sending this listing. By the way, I attended their auction last month and I would like to thank Mr. Mon Castro, Mr. Edzel Babas, along with Lance, Ronald, and all the nice people from UnionBank for the very warm reception (as always). It was my first time to attend an  auction with my wife and son. 🙂  

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About Jay Castillo
People encounter problems and make mistakes when buying foreclosed properties, and Jay wants to help people avoid those problems/ mistakes. Jay encountered a lot of those, which is why he started this blog in 2008 to serve as a guide where he shares lessons learned, and how to overcome challenges you may encounter when investing foreclosed properties in the Philippines … [Read more]
Avoid losing money, wasted time and effort caused by buying foreclosed properties that have too many problems, with our free 60-item Property Due Diligence Checklist. Grab your free copy now.

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