Public Sealed Bidding of PNB Prime Properties and Foreclosed Cars Slated On April 24, 2015

A public sealed bidding of Prime Properties of Philippine National Bank will happen on April 24, 2015, Friday, 10:00am, at the 9th Floor, Financial Center, President Diosdado Macapagal Boulevard, Pasay City, Philippines. A number of PNB foreclosed cars are also included in the bidding.

This will be their fourth consecutive public sealed bidding of prime properties in 2015, so it seems this will be a monthly thing.

You may download the complete list below.

Pre-bidding conference and property details

Interested bidders are invited to join the Pre-Bidding Conference on April 21, 2015, Tuesday, 2:00pm, at the PNB Special Assets Management Group (SAMG) Head office, President Diosdado Macapagal Boulevard, Pasay City, Philippines. Just call PNB directly for details.

For property details, please contact PNB directly via the contact details of the assigned account officer from PNB, as indicated on the list below.

Payment terms

TERMS OF PAYMENT

1. Cash

2. Installment

A. For REGULAR SALE

-fixed 6% interest rate up to 5 years

-fixed 8% interest rate up to 5 to 10 years

B. For PABAHAY BONANZA Program
(properties 5M & below; with 20% deposit requirement)

-fixed 6% interest rate up to 10 years

-fixed 8% interest rate up to 10 to 20 years

3. For Motor Vehicles and Pianos: Cash basis only

Download the list of PNB Prime properties and foreclosed cars

The complete list of prime PNB foreclosed properties for public sealed bidding on April 24, 2015 can be downloaded through the link below:

Click to download list of PNB prime properties for sealed bidding on April 24, 2015 (PDF)

Click to download additional list of PNB foreclosed cars for sealed bidding on April 24, 2015 (PDF)

Source: PNB SAMG

Happy hunting!

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Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2015 All rights reserved.