May 2012 nationwide listing of Philmay foreclosed properties

This quarter’s update for Philmay Properties Inc. (PPI) foreclosed properties is here.The updated listing contains foreclosed properties from Metro Manila, Luzon, Visayas, and Mindanao areas, updated as of May 2012.

Just like prior listings, prices are negotiable, but are subject to management approval. Only 10% downpayment is required with the balance payable from 5 to 10 years. Longer payment terms (ex. 15 years) is possible subject to approval.

Download the complete list of Philmay foreclosed properties

Philmay is the property arm of Maybank

The complete list of Philmay foreclosed properties as of May 2012 is ready for download below in XLS format.



1. Prices are negotiable

2. Prices are subject to change without prior notice

3. Philmay reserves the right to amend the terms, conditions, and withdraw/replace anyand all properties anytime for whatever reason Management may deem appropriate

4. All sales shall be on an “as-is, where-is” basis, no waranties and “no recourse” basis. Status and condition of the properties are not comprehensive or complete: Buyers are therefore advised to conduct their own due dilligence prior to submission of an offer to buy

5. Submission of offer to buy is on a first come, best offer basis. PPI reserves the right to conduct private bidding in the event of multiple offers received on the same property subject to the bidding policy of PPI

6. Mere submission of an offer does not construe a right of “first option” by the offeror

7. The creditable withholding tax up to the agreed purchase price shall be for the acocunt of PPI. Any fractional cost or excess shall be for the buyer’s account

8. Prices are not applicable to buyback of the former owners or relatives up to 1st degree of consanguinity. Please confirm with PPI any buyback price

9. All sales transactions are subject to the final approval of the Management of PPI

10. Brokers or agents are not allowed to accept any payment from prospective buyers

11. Taxes and required fees due from buyer must be settled on time during documentation to avoid penalties

For more info

For more information with regard to the foreclosed properties on the list, just leave a comment below!

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: I am an accredited real estate broker of Philmay

Disclaimer: Selling prices are subject to change without prior notice. Misprints may occur. As always, our standard site disclaimer applies.

15 thoughts on “May 2012 nationwide listing of Philmay foreclosed properties”

  1. May I inquire the following for sale properties of Philmay Properties Inc. located at
    1.) Sitio Awa, Barangay Catalunan Grande, Davao City No. 146-2012006272
    2.) Purok Domingo Leonor Farm, Barangay Dumoy, Toril District, Davao City T-152924
    Please send me the vicinity map for reference on site inspection.
    Thank you.

  2. Gregorio G. Rempillo Jr.

    Good pm Sir Jay,
    May I inquire the following for sale properties of Maybank Properties Inc. located at A) Bicol area:
    1.)Vacant residential lot, T-13497,A= 258.0sq.m., P 900,000.00
    2.) Residential lot with improvement, T-10623, A= 460.0sq.m., P 2,200,000.00
    3.)Mixed residential / commercial with a 3-storey structure, TCT No. 18295,
    A= 362.sq.m., P 3,600,000.00
    B) Laguna
    1.)Vacant lot, T-352883, A= 300.00sq.m. P 1,000,000.00

    Please send me a photocopy of TCT and vicinity map for reference on site inspection.
    Thank you.

  3. good day jay,
    im interested with the lot in buntong camaman-an misamis oriental lot. PRice of 850,000. i am a ofw, ask ko lng if philmay could allow the financing thru pagibig? so i could save more and longer period of payment cympre.

    hope i could reciv update from u soon. please

  4. faithlenzbalbanida

    Gusto ko pong bilhin ang property located bry 29-b panacan davao city ,1,000sqmts…pwd po bang malaman kong anong 1st step na gawin ko..

  5. Hi Jay,

    Sino po ba sa mga team mo ang pwedeng makapag explain, verify if still available and describe of the below lists of properties:

    1. Batangas properties
    2. Bukidnon properties
    3. Davao properties
    4. N.Cotabato properties

    Kung po may mapapasok akong buyer, paano po ang terms and percentage?



  6. Nestor Casinsinan


    Kindly provide some info regarding the property in 1656 Estrada St. San Andres Bukid Manila. Is it sold or not yet.
    Thanks and Regards,

  7. Hi Sir Jay,

    I have listen to your talk. The ltest was the think Rich Pinoy Seminar. May I ask Do you think I will be entertained if I will just be inquiring on the cheapest property on the list. It the San Miguel, Bulacan forested land for 1775 L/A T-258683 but its only 20k or is it just an error? I want to ask for a map so we can visit the area with my father. I hope you can help me. Thank you

  8. Hi,
    Do you have any property in Mindanao area? I’m looking around Dipolog City within 50 miles radius.


  9. Michael D. Manayaga

    Please inform me if you have Think Rich Pinoy Wealth Seminar here in Cebu City.


    Michael D. Manayaga

  10. Hi Sir,

    Can you provide me details and vmaps for the assets ive
    enumerated below ?

    Where do i get an ATS for these ? What’s the sales commission
    rate, like in case I could bring in a buyer for these assets.?



    1. Misamis Oriental
    Zone 3, Poblacion, El Salvador,
    Misamis Oriental
    4 parcels of adjacent agri/residential lots
    T-29545; T-29546; T-29547; T-29548
    2. Misamis Oriental
    Zone 5, Barangay Bon-Bon,
    Cagayan De Oro City, Misamis Oriental
    Vacant residential lot T-104811

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