The Bureau of Internal Revenue (BIR) will be holding a Mega Sale of absolutely forfeited real properties (acquired assets) on November 28, 2012. This was announced in the official website of the BIR.
It appears these forfeited real properties were levied by the BIR and are now for disposal as part of their tax collection efforts.
I pushed the numbers a bit and found some properties on the list are priced at less than Php10.00 per square meter (the cheapest was a 7 hectare vacant lot in Butuan City with a minimum bid price of Php140,000 which is just Php2.00/sqm… that’s not a typo!) Of course, since the prices on the list are just the minimum bids, the actual selling prices would most probably go up. Anyway, checkout the complete list of BIR acquired properties for sale below.
Republic of the Philippines
Department of Finance
Bureau of Internal Revenue
MEGA SALE
OF ABSOLUTELY FORFEITED REAL PROPERTIES
November 28, 2012
RR 1 – CALASIAO, W. PANGASINAN TCT LOCATION CLASSIFICATION AREA (sqm) MINIMUM BID (PHP) T-285 Brgy Maananteng, Solsona, Ilocos Norte Residential lot 900 90,000.00 T-285 Brgy Maananteng, Solsona, Ilocos Norte Agricultural lot 10,000 700,000.00 T-285 Brgy Maananteng, Solsona, Ilocos Norte Agricultural lot 1,193 77,545.00 Untitled V. Delos Reyes St. Brgy. 9, Vigan City Residential lot 258 645,000.00 153079 Brgy. Bical, Bayambang, Pangasinan Residential lot 286 91,520.00 153080 Brgy. Bical, Bayambang, Pangasinan Residential lot 286 91,520.00 153081 Brgy. Bical, Bayambang, Pangasinan Residential lot 274 87,680.00 153082 Brgy. Bical, Bayambang, Pangasinan Residential lot 286 91,520.00 153083 Brgy. Bical, Bayambang, Pangasinan Residential lot 462 147,840.00 153084 Brgy. Bical, Bayambang, Pangasinan Residential lot 532 170,240.00 –
RR 2 – BAGUIO CITY (CAR) TCT LOCATION CLASSIFICATION AREA (sqm) MINIMUM BID (PHP) untitled Aleb, Ucab, Itogon, Benguet Pasture Land 100,000 400,000.00 untitled Mambarang, Daluparip, Itogon Benguet Pasture Land 200,000 800,000.00 untitled Virac, Itogon , Benguet Pasture Land 150,000 600,000.00 untitled Wlling, Virac, Itogon, Benguet Camotal 70,000 280,000.00 –
RR 4 – SAN FERNANDO, PAMPANGA TCT LOCATION CLASSIFICATION AREA (sqm) MINIMUM BID (PHP) T-58416 Colo, Dinalupihan, Bataan, within the vicinity of San Benito & Barrio Road Agricultural 1,311 10,488.00 T-58417 Agricultural 1,223 9,784.00 T-58418 Agricultural 1,512 12,096.00 T-58419 Agricultural 1,229 9,832.00 T-58420 Agricultural 1,467 11,736.00 T-58421 Agricultural 1,395 11,160.00 T-58422 Agricultural 1,696 13,568.00 T-58423 Agricultural 1,401 11,208.00 T-58424 Agricultural 1,000 8,000.00 T-58425 Agricultural 1,000 8,000.00 –
RR 6 – MANILA TCT LOCATION CLASSIFICATION AREA (sqm) MINIMUM BID (PHP) T-164524 Brgy 845 Zone 92 Pres. Quirino Avenue Residential lot 375 3,008,000.00 T-164525 Residential lot 375 3,008,000.00 T-164526 Residential lot 345 2,760,000.00 –
RR 7 – QUEZON CITY TCT LOCATION CLASSIFICATION AREA (sqm) MINIMUM BID (PHP) PT-116745 1st St. Riverside Village., Sta. Lucia Residential lot 2,508 5,016,000.00 –
RR 9 – SAN PABLO CITY TCT LOCATION CLASSIFICATION AREA (sqm) MINIMUM BID (PHP) T-103431 Rizal Tuy Batangas Commercial 500 1,250,000.00 Comm’l. Building 190 909,010.00 O-13586 Brgy. Villaperez, Gumaca Quezon Agri/Cocal 13,901 118,158.50 T-197578 Brgy. Ibaba, Atimonan, Quezon Agricultural 81,791 797,462.25 –
RR 10 – LEGASPI CITY TCT LOCATION CLASSIFICATION AREA (sqm) MINIMUM BID (PHP) – Concepcion, Libmanan, Camarines Sur Rice Unirrigated 12,750 123,037.50 TCT-123930 Avila Subd., Maroroy, Daraga, Albay Residential lot 462 808,500.00 Residential Bldg 90 373,820.00 – Paniquihan, Baras, Residential lot 223 42,370.00 –
RR 11 – ILOILO CITY TCT LOCATION CLASSIFICATION AREA (sqm) MINIMUM BID (PHP) T-57903 Dela Rama Street, Brgy Monica C.P. Commercial/Rd. Lot 180 900,000.00 Commercial/Rd. Lot 67 335,000.00 T-57902 Cor Dela Rama & Blumentritt Sts Brgy Monica CP Iloilo City Commercial/Rd. Lot 112 560,000.00 Commercial/Rd. Lot 300 1,500,000.00 T-57904 Blumentritt St Brgy Monica CP Iloilo City Residential lot 270 1,043,000.00 T-57905 Residential lot 390 1,440,800.00 T-57906 Residential lot 495 1,773,600.00 Untitled Badiangan, Mina, Province of Iloilo Residential lot 401 252,630.00 Untitled Residential lot 1,000 630,000.00 Untitled Residential lot 671 422,730.00 Untitled Residential lot 835 526,050.00 Untitled Residential lot 143 90,090.00 Untitled Residential lot 601 378,630.00 Untitled Residential lot 1,000 630,000.00 Untitled Residential lot 427 269,010.00 Untitled Residential lot 823 382,695.00 Untitled Riceland/Irrigated 4,394 140,327.66 –
RR12 – BACOLOD CITY TCT LOCATION CLASSIFICATION AREA (sqm) MINIMUM BID (PHP) T-14232 Brgy. Jerusalem, Cadiz City Residential lot 1,000 700,000.00 14650 Brgy. Daga, Capiz City Agricultural 20,000 200,000.00 T-133814 Hillside Subd., Mansilingan, Bacolod City Residential lot 441 374,850.00 T-133815 Residential lot 597 507,450.00 T-133816 Residential lot 460 391,000.00 T-133817 Residential lot 645 548,250.00 T-133818 Residential lot 623 529,550.00 T-133819 Residential lot 562 477,700.00 T-133820 Residential lot 549 466,650.00 T-133821 Residential lot 607 515,950.00 T-81029 Brgy. Tangub, Bacolod City Residential lot 300 420,000.00 T-81030 Residential lot 300 420,000.00 T-81031 Residential lot 300 420,000.00 T-81033 Residential lot 1,365 1,911,000.00 T-114892 Brgy. 3, Bacolod City Residential lot 575 1,656,000.00 T-114893 Residential lot 523 1,506,240.00 T-114891 Residential lot 627 1,805,760.00 T-114890 Residential lot 693 1,769,470.00 T-114889 Residential lot 710 1,808,640.00 T-114888 Residential lot 725 1,858,880.00 T-114887 Residential lot 714 1,869,700.00 T-114886 Residential lot 546 1,310,400.00 T-114885 Residential lot 464 1,113,600.00 T-114884 Residential lot 464 1,113,600.00 T24118 Tabunan Bago City Agricultural 100,237 1,824,313.40 T-182193 Brgy. Punta Taytay, Bacolod City Residential lot 8,121 5,278,650.00 T-182194 Brgy. Granada, Bacolod City Residential lot 28,088 19,661,600.00 T-114883 Brgy. 3, Sto. Niño, Banago, Bacolod City Residential lot 874 3,467,520.00 –
RR 14 – PALO, LEYTE TCT LOCATION CLASSIFICATION AREA (sqm) MINIMUM BID (PHP) T-27207 Sagkahan II, Brgy. 95, Tacloban City Residential lot 203 77,140.00 T-39899 UTAP, Brgy. 53, Tacloban City Residential lot 199 139,300.00 T-39900 Residential lot 220 154,000.00 T-39903 Residential lot 221 154,700.00 T-39902 Residential lot 238 166,600.00 T-39901 Residential lot 227 590,200.00 T-39904 Residential lot 134.34 349,284.00 T-39905 Residential lot 271 189,700.00 T-39906 Residential lot 234 163,800.00 T-39907 Residential lot 221 154,700.00 T-39908 Residential lot 221 154,700.00 –
RR 15 – ZAMBOANGA CITY TCT LOCATION CLASSIFICATION AREA (sqm) MINIMUM BID (PHP) – San Isidro, Poblacio, Gutalac, Zamboanga Del Norte Residential lot 668 167,000.00 – Residential lot 824 206,000.00 T-55690 Imelda, Sindangan Agricultural 60,000 180,000.00 untitled San Isidro, Gutalac Agricultural 30,000 270,000.00 –
RR 16 – CAGAYAN DE ORO CITY TCT LOCATION CLASSIFICATION AREA (sqm) MINIMUM BID (PHP) T-35886 Gusa, Cagayan de Oro Residential lot 650 1,690,000.00 T-48596 Cugman, Cagayan de Oro Residential lot 438 394,200.00 T-23897 Bontola, Macasandig, Cagayan de Oro Residential lot 599 371,380.00 T-23898 Residential lot 562 348,440.00 Untitled Camama-an Cag de Oro Residential lot 532 665,075.00 Untitled Camama-an Cag de Oro Residential lot 670 837,500.00 Untitled Cugman, Cagayan de Oro Residential lot 865 778,500.00 Untitled Agusan Canyon, Manolo Fortich, Bukidnon, along Provincial Road Oroquieta City Residential lot 1,333 234,620.00 Untitled Commercial Lot 400 120,000.00 Untitled Residential lot 2,000 352,000.00 –
RR 17 – BUTUAN CITY TCT LOCATION CLASSIFICATION AREA (sqm) MINIMUM BID (PHP) T-8559 Culit, Nasipit, Agusan Del Norte Residential lot /Bldg 363 55,744.00 Residential lot 478 107,550.00 Untitled Amparo Butuan City Agricultural 70,000 140,000.00 Untitled Sumilihon Butuan City Corn land 10000 51,500.00 Untitled Coconut Land 10000 51,500.00 Untitled Lumbucan Butuan City Agricultural 10000 109,500.00 –
RR 19 – DAVAO CITY TCT LOCATION CLASSIFICATION AREA (sqm) MINIMUM BID (PHP) T-157076 Visayan Village, Tagum City Residential lot 1,000 550,000.00 T-42811 Bello Subd., Sitio Santol Residential lot 300 120,000.00 T-91405 Apokon, Tagum City Residential lot 1,000 700,000.00 T-139384 San Miguel, Tagum City Residential lot 525 210,000.00 T-165052 NHA, Magugpo, Tagum City Residential lot 86 38,700.00 T-165053 Residential lot 40 18,000.00 T-165054 Residential lot 40 18,000.00 T-165055 Residential lot 40 18,000.00 T-165056 Residential lot 1,272 572,400.00 T-165057 Residential lot 363 163,350.00 T-128641 Navacilla Subd., Ma-a, Davao City Residential lot 500 550,000.00 T-118071 Brgy. Tugbok, Tubgok, Davao City Residential lot 1,050 525,000.00 T-162286 Lopez Vill., Matina Crossing, Davao City Residential lot 261 391,500.00 T-162287 Lopez Vill., Matina Crossing, Davao City Residential lot 207 310,500.00 T-209851 Catalunan Grande, Davao City Residential lot 400 252,000.00 T-231577 Ma-a, Talomo, Davao City Residential lot 1,000 1,660,000.00 T-265930 NHA, Ma-a, Talomo, Davao City Residential lot 86 98,900.00 T-325164 Brgy. Lubogan, Toril, Davao City Residential lot 204 102,000.00 T-101840 Ilang, Tubungco, Davao City Cocoland 3,570 178,500.00 T-321700 Catalunan, Pequeno, Talomo, Davao City Residential lot 240 156,000.00 T-308765 Talomo, Davao City Residential lot 214 224,700.00 T-261423 Manambulan, Tugbok, Davao City Agricultural 19,956 997,800.00 T-155121 Tancontian Subd., Agdao, San Antonio near NHA Subd., Davao City Residential lot 170 204,000.00 T-165757 Pag-asa Homes, Buhangin, Davao City Residential lot 350 350,000.00 T-165689 DDF Subd., Mandug, Buhangin, Davao City Residential lot 230 138,000.00 T-209850 Brgy Indangan, Buhangin, Davao City Residential lot 2,186 1,093,000.00 T-176695 Brgy Mandug, Buhangin, Davao City Residential lot 216 151,200.00 T-227198 Sto. Domingo Subd. 1, Pampanga, Buhangin, Davao City Residential lot 168 184,800.00 T-20390 Dahican, Mati, Davao Oriental Residential lot 10,000 5,000,000.00 T-24126 Residential lot 21,122 10,561,000.00 T-24128 Dahican, Mati, Davao Oriental Residential lot 7,688 3,844,000.00 T-24127 Residential lot 43,266 21,633,000.00 T-24704 Don Luis Rabat Village Residential lot 120 60,000.00 T-21093 Central, Tarragona, Davao Oriental Agricultural 1,323 8,474.00 T-21094 Carmen, Boston, Davao Oriental Agricultural 2,147 12,924.45 T-66710 San Agustin, Digos City Residential lot 192 51,840.00 T-66711 Residential lot 243 65,610.00 T66712 Residential lot 183 49,410.00 T-66713 Residential lot 188 50,760.00 T-66714 Residential lot 188 50,760.00 T-66715 Residential lot 196 52,920.00 T-66716 Residential lot 169 45,630.00 T-66717 Residential lot 169 45,630.00 T-66718 – Residential lot 160 43,200.00 T-66582 Aplaya, Digos City Residential lot 460 124,200.00 –
Source: ftp://ftp.bir.gov.ph/webadmin1/pdf/mega_sale_presentation_11282012.pdf
How to inquire
For more details about these BIR acquired properties for sale, please DIRECTLY contact the respective Revenue Region (RR) office of the BIR through the contact details below (click to enlarge)
Happy hunting!
~~~
To our success and financial freedom!
Jay Castillo
Real Estate Investor
PRC Real Estate Broker License No. 3194
Blog: https://www.foreclosurephilippines.com
Connect with us – Facebook | Twitter | Blog RSS | Google +
Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2012 All rights reserved.
Full Disclosure: Nothing to disclose.
Sir, if ever meron kasama sa list na hindi naman nakuha ng khit sino.. available pa kayo ito? 2012 pa kasi ung list, 2014 na ngayon. nagbabakasakali ako na makakuha ako nung sa pampanga area po. San po kaya pwedeng mag inquire. Yung email sa BIR for Collection Enforcement, hindi naman po kasi valid na ung email address.
Thanks.
Hi Ms. Mae, mas maganda po macontact niyo BIR directly. Yung telephone numbers nila sa website nila na lang po ang gamitin niyo. Salamat.
I wonder if you have a new list of foreclosed properties in Iloilo? or Pavia in particular. Thanks!
hi sir good day po, may available po bang foreclosed property sa camiguin area?
Gd morning Mr. Jay,
Ask ko lang po f available pba ung s tagum area..??
Can u provide picture po ng area..??
thanks…
Looking forward to hear from u soon…
Godbless….
Sir May mga acquired asset for sale po ba kayo dito sa Tacloban City? Thanks
BTW, Mr. Castillo, I am interested in selling our two properties, but one is still supposed to be transferred to my mother’s name, which she bought 2 years ago. I only have the certified true copy and tax declaration and we are looking for an investor/buyer who will be willing to shoulder to deduct all payables from our gross price. I would be most thankful if you can give me some referrals .
Mr. Jay, i would like to know pagdating po sa computation ng capital gains tax, tama po ba na ang basis ng computation ay kung ano po ang nakalagay na address and barangay ng property o kung ano po ang nakalagay sa titulo? Di po kasi sinunod ng munisipio namin ang location ng lupa na natituluhan po nung 1920 pa.Interested lo rin po malaman kung magkano po ang comission ng broker sa pag benta ng property, kung siya po ay licensed at kung sya po ay di naman licensed?please enlighten me. thank you po.
Hello po,
Interested po ako bumili sa Tagum City Davao yong sa magugpo area pwde po ba malaman kung Paano?
Salamat po.
Do you have a listing of foreclosed properties for sale in mandaluyong?
Greetings Mr. Jay Castillo,
Unfortunately, our property is one of those foreclosed properties for sale. What is so disturbing is that we never receive any letter from BIR about our deliquency. How can we stop them from putting our property on sale while the whole thing is being questioned? I hope you can enlighten me about this matter.
Best regards.
wla po bang sa cebu sir?
Just want to ask if there are new list of foreclose lot in quezon city?
Hi, just want to know if there are new list of foreclose lot in Quezon city?
my apoologies, its kenneth’s question pala
Hi Don, acccording to REVENUE MEMORANDUM ORDER NO. 33-2002,
“The winning bidder shall pay the full amount of his bid, either in Cash or Manager’s Check, to the CIR, thru the ACIR-Collection Service, BIR
National Office Building, for bidding conducted by the National Office, or to
the Regional Director, for bidding conducted in the Regional Office, as the
case may be, within two (2) days after being notified that the awards made by
ABC had been approved by the CIR, through the Deputy Commissioners
(ODCIR), Operations Group and Legal Group, or by the Regional Director,
as the case may be. Check payments shall be for the account of the Bureau of
Internal Revenue;”
hi sir jay,
a follow up question to jay’s…does the bir require payment outright? do they give time ällowance before payment is made? and do they require you to pay something when u participate in their bids? I am also new to this thing. Thank you in advance and kudos for this blog…
Are these properties still subject to any right of redemption by the delinquent taxpayer/owner?
Hi Nats, based on REVENUE MEMORANDUM ORDER NO. 33-2002 which contains guidelines and procedures on the sale/Disposal of acquired/forfeited real properties (I found this at BIR’s website), they will only dispose properties whose 1-year redemption period have lapsed.
Hi Jay,
Any idea if these are also available on installment basis and if these are occupied or not? I’m unfamiliar with this and first time to stumble on your site. Thanks.
Kenneth
Hi Kenneth, I believe these are on cash basis only (based on other tax foreclosure auctions). As to whether these are occupied or not, please contact the concerned BIR Office to confirm. Thanks for dropping by.