Mega Property Auction of RCBC foreclosed properties slated on June 25, 2011

Last Updated on January 23, 2013 by Jay Castillo | Filed under: - 0 Comments

The RCBC Asset Management Group will be having another Mega Property Auction of foreclosed properties located in Metro Manila and North and South Luzon. This will be held on June 25, 2011, Saturday, 9:00am, at the at the L.S. Virata Hall, 2nd Floor, Development Academy of the Philippines, San Miguel Avenue, Pasig City, Philippines.

Yes, this auction will be held at the same time and venue of the RCBC Savings Bank Dream Buys Auction, which means this is a joint auction of RCBC Savings Bank, RCBC, and JPL.

RCBC Auction details

Show money – Php25,000 show money is required per property in the form of cash or manager’s check or MC.

Payment terms – Aside from cash, properties can also be acquired for as low as 10% downpayment, with the balance payable in 10 years, at a fixed interest rate.

Brokers / referrors – Brokers / referrors are welcome and are entitled to receive commission.

The “fine print” – “All properties are on an “as is where is basis”. Properties and prices are subject to change without prior notice. The bank reserves the right to withdraw any of the property before the auction. Inadvertent misprints shall not alter the property’s factual condition nor shall they be deemed as misrepresentation of the property. Please confirm attendance to ensure seats and parking.”

Please refer to the auction announcement below for more details.

Download the complete list of RCBC and JPL foreclosed properties

Just click on the thumbnail image below to download a copy of the complete list of RCBC and JPL foreclosed properties for sale in the Mega Property Auction on June 25, 2011.

RCBC Mega foreclosed property auction on June 25, 2011
RCBC Mega foreclosed property auction on June 25, 2011 (click to view/download)
Source: Manila Bulletin, June 19, 2011 issue, page G-5


For more details, please call RCBC or JPL directly through the following:


  • Jeng 878-3436
  • Ging 894-9908
  • Elma 894-9000 loc 2233
  • Conci 894-9000 loc. 3387
  • Vanesa 894-9099

JPL ROPA Department

  • 043-778-4444 to 49 (Jeff / Zhye)

Happy hunting!


To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker Registration No. 3194
Follow me in Twitter:
Find us in Facebook: Foreclosure Investing Philippines Facebook Page

Text by Jay Castillo and Cherry Castillo. Copyright © 2011 All rights reserved.

Full disclosure: Nothing to disclose.

PS. Facing foreclosure? Tired of being a landlord? Need to liquidate your proprty because you need money? Click here to sell your property fast!

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.