Invitation to bid for PNB and Allied Bank Prime Properties

Last Updated on January 23, 2013 by Jay Castillo | Filed under: - 5 Comments

Another joint public sealed bidding for Prime Properties of the Philippine National Bank (PNB) and Allied Banking Corporation will be held this coming October 15, 2010. Venue will be the at the PNB Special Assets Management Sector (PNB-SAMS) office, 9th floor, PNB Financial Center, President Diosdado Macapagal Blvd., Pasay City, Philippines.

Interested bidders are invited to attend thier Pre-Bidding Conference on October 12, 2010, Tuesday, 2:00pm, at the PNB-SAMS Head office.

The properties included in this listing are considered to be prime properties as majority are priced above Php5 Million, although they also included properties that were priced below Php1 Million pesos like a 127sqm residential lot in Brgy. Zapote, Las Pinas City, that has a minimum bid price of Php711,200. The most expensive property on the list is a mansion located at Forbes Park, Makati City that has a minimum bid price of Php220 Million (refer to item 3 below). Now that’s prime!

Anyway, a preview of some of the properties for sale can be seen below. Click to enlarge.

>>>Click here to download the complete listing for the joint public sealed bidding of PNB and Allied Bank Prime Properties

Sealed bidding terms of reference, and PNB-SAMS contact info can be found on the complete listing above. Don’t forget to call PNB-SAMS directly if you have any inquiries.

Happy hunting!

To our success and financial freedom!

Jay Castillo
Real Estate Investor

Real Estate Broker License #: 20056
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Text by Jay Castillo and Cherry Castillo. Copyright © 2010 All rights reserved.

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5 thoughts on “Invitation to bid for PNB and Allied Bank Prime Properties”

  1. good pm,d ko po maopen ang website ng buena mano planning po sna mag buy and sell ng mga sskyan,mas cheaper po ba kung sa repo cars ako bbili then ska ko ibbenta iadvertise ko sa buynsell,sulit at ayosdito?marami pong slmat.god bless

  2. good pm,where can i find website of buena mano cars?im planning po sna mag buy and sell ng mga ssakyan,ok po ba kung repo cars ang kkunin ko?then ibbenta ko din thru ads sa buyandsell,sulit ang ayosdito?tnx a lot.god bless

    1. Hi anonymous, according to the terms of reference, all bids must include 10% deposit of the offer price. These of course should be returned to non-winning bidders. I suggest you attend the pre-bidding conference on October 12 to learn more about the whole bidding process. Thanks for the comment!

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