Star Properties will be having another “Open Auction” of “Prime” or “Big Ticket” properties on January 28, 2011. This auction includes prime foreclosed properties from Metro Manila, Luzon, Visayas, and Mindanao. The auction will be held at Hotel Intercon, Makaty City, Philippines. Registration starts at 10:00am and the auction proper starts at 11:00am.
This is in addition to the other 5 public auctions of foreclosed properties I mentioned in my last post which are for their “retail” properties.
Complete list of prime properties for sale
| ASSET CODE | LOCATION | L.A./ F.A. in sqm. | MIN. BID PRICE |
| Metro Manila | |||
| SB-511 | #26 M.Hernandez St.Mabolo, Valenzuela, M.M. | 4,129(L.A.) 596(F.A.) | 14,000,000.00 |
| SU-050 | #165Panghulo Rd., Brgy.Panghulo, Malabon City | 7,546(L.A.) 165(F.A.) | 15,000,000.00 |
| SBN-064-0154 | Mary Hills Subd., Brgy.san Luis, Antipolo(86 lots) | 5,324 | 9,000,000.00 |
| SBN-0156 | V.V.Soliven Avenue III, Cainta, Rizal | 1,232(L.A.) 717(F.A.) | 15,000,000.00 |
| SU-035 | Riverside Village, Brgy.Sta.Lucia, Pasig City | 6,521 | 20,000,000.00 |
| SB-473 | No.269 M.Almeda St.&No.8 M.Flores St., Sto Rosario Silangan, Pateros | 2,397.20 | 16,000,000.00 |
| SCR-010 | No.2 Makadios St., Sikatuna Village, Quezon City | 602.80(L.A.) 396.50(F.A.) | 7,500,000.00 |
| SB-474 | L32&33 B25 Tarnate St. Area B, Sitio Talanay, Bagong Silangan, Quezon City | 3,600 | 7,000,000.00 |
| SBN-020 | L15 B3 Manchester Industrial Subd., Brgy. Sauyo, Novaliches, Quezon City | 1,000(L.A.) 1,486(F.A.) | 12,500,000.00 |
| SCR-00121 | Brgy. Kaligayahan, Novaliches, Quezon City | 7,568 | 23,000,000.00 |
| SB-456 | No.3173 Pilar St., Manuguit, Tondo, Manila | 1,075 | 8,700,000.00 |
| SB-442 | Unit A 9/F T-Tower Condo P. Burgos cor. Calderon St.Makati City | 583 | 9,000,000.00 |
| SUN-015 | Lot 4529-B-2 8333 Dr.A. Santos Ave.Brgy. San Antonio, Paranaque City | 950(L.A.) 956.32(F.A.) | 10,600,000.00 |
| LUZON | |||
| SCR-00150 | Southrock project, Brgy. 48-A, Cabungaan, Laoag City, Ilocos Norte | 47,931 | 25,000,000.00 |
| SP-087 | Within Brgy., Balsik, Hermosa, Bataan(backs onto Balsik River | 100,000 | 7,000,000.00 |
| SR-010 | Lot A National Highway, Bo.Asinan Proper, Subic Zambales | 31,418 | 9,400,000.00 |
| SR-008A | Sta.Clara Country Estate Subd., Sta.Rita Guiguinto, Bulacan | 24,578 | 12,300,000.00 |
| SR-008B | Sta.Clara Country Estate Subd., Sta.Rita Guiguinto, Bulacan | 34,654 | 15,000,000.00 |
| SP-045 | Diamond Ville Subd., Barangay Caniogan, Calumpit, Bulacan | 10,522 | 11,000,000.00 |
| SBN-0247 | 50 CM RECTO COR KATIPUNAN STS., POBLACION, LIPA CITY, BATANGAS | 583 L.A./ 1,258VF.A. | TBA |
| SBN-0248 | ALONG PROVINCIAL ROAD, SABANG, LIPA CITY BATANGAS | 759 L.A./ 1,108 F.A. | TBA |
| SB-339 | Lot 2-A, National Highway, Brgy., Parian, Calamba, Laguna(nearLlana’s Supermarket) | 7,336 | 25,000,000.00 |
| SB-340 | Lot 2-B, National Highway, Brgy., Parian, Calamba, Laguna(nearLlana’s Supermarket) | 7,336 | 25,000,000.00 |
| SB-341 | Lot 2-C, National Highway, Brgy., Parian, Calamba, Laguna(nearLlana’s Supermarket) | 7,336 | 25,000,000.00 |
| SB-342 | Lot 2-D, National Highway, Brgy., Parian, Calamba, Laguna(nearLlana’s Supermarket) | 9,990 | 35,000,000.00 |
| SP-018 | Sto.Domingo Road, Brgy., Laguna, Mapayapa, Laguna(near Calamba Hills Village) | 23,444 | 45,000,000.00 |
| SB-317 | Sitio Cayagno, Brgy., Zapang, Ternae, Cavite | 313,675 | 15,000,000.00 |
| SP-019 | Along Governors Drive, Bancal, Carmona, Cavite(near Globe Telecom Office | 3,750 | 20,000,000.00 |
| SBN-016 | Gen.E.Aguinaldo Highway cor Kapitan Sayas St., San Vicente II, Silang, Cavite | 6,821 | 10,000,000.00 |
| SB-304 | Lot 7257-N Ligaya Drive, Brgy., Sungay, Tagaytay City | 8,059 | 12,000,000.00 |
| SP-105 | Villa Dionisia Subd., Niyugan, Laurel, Batangas | 89,388 | 44,500,000.00 |
| SR-012 | Evercrest White Cove Nasugbu, Batagas | 93,115 | 35,000,000.00 |
| SP-023 | Along Brgy., Road, within Brgy., Isabang, Quezon Province | 9,121 | 9,000,000.00 |
| SP-006 | Along NPC road, Kanlurang Malicboy, Pagbilao, Quezon Province | 571,104 | 10,000,000.00 |
| SP-053 | Within Barangay Matandang Sabang, Catanauan, Quezon Province | 733,678 | 7,300,000.00 |
| VISAYAS | |||
| SRN-017 | SIERRA APARTELLE, BRGY. MATAHIMIK, PUERTO PRINCESA CITY- 5 STOREY NON OPERATIONAL HOTEL | 170 L..A./ 750 F.A. | 6,000,000.00 |
| SRN-018 & 019 | BRGY. BANCAO BANCAO, PUERTO PRINCESA-NON OPERATIONAL RESORT | 13,430SQM L.A. | 15,000,000.00 |
| SRN-020 | RIZAL AVENUE EXTENSION, BANCAO BANCAO, PUERTO PRINCESA – UNFINISHED HOTEL | 2100 SQM | 10,000,000.00 |
| SB-514 | COR. LACERNA & ARCH. M. REYES STS., POBLACION, KALIBO, AKLAN – COMMERCIAL VACANT LOT | 5874 SQM | 15,000,000.00 |
| MINDANAO | |||
| SU-254 | L16 Diversion Rd., Buhanginan, Davao City(Convention Ctr) | 7,828 (L.A.) 8,356(F.A.) | 45,000,000.00 |
| SU-255 | Blk 6 Diversion Rd., Buhangin, Davao City (currently occupied by DOLE Phils.) | 8,453(L.A.) 3,484(F.A.) | 28,000,000.00 |
| SU-181 | Riverview Bacaca-19 B, Brgy.Poblacion, Davao City(backs onto Davao River) | 74,632 | 18,000,000.00 |
| SB-635 | San Miguel, Matina, Davao City(formerly MINCO) | 1,828(L.A.) 3,800(F.A.) | 8,000,000.00 |
| SU-411 | National Highway, Brgy Bago, Davao City(near Apo Golf Course) | 4,000 | 10,500,000.00 |
| SBN-007A | Barrio Sinawal, Brgy.Tambler, General Santos City(near Cargill) | 211,963 | 65,000,000.00 |
| SBN-007B | Barrio Sinawal, Brgy.Tambler, General Santos City(near Cargill) | 40,000 | 5,000,000.00 |
If you prefer to download the complete list of prime foreclosed properties for sale, just click on the image preview below for a copy in JPG format. A copy in PDF format is available through this link: Star Properties-Open Auction of Prime Properties on January 28, 2011(2MB)
Auction Terms and Conditions
PROPERTIES WITH CONSOLIDATED TITLES:
a. Show Money – 10% of the minimum bid price to be surrendered by the auction participant to the Selling Entity on auction day Jaunary 28, 2011 upon registration as an auction participant. The Show Money must be in a Manager’s Check payable to the Star Asset Management ROPOAS, Inc.
b. 20% of the Winning Bid Price less the Show Money – to be submitted by the Winning Bidder in a Manager’s Check payable to the Selling Entity not later than February 4, 2011.
c. Balance of the Winning Bid Price – shall be paid not later than March 28, 2011.
PROPERTIES WITH UNCONSOLIDATED TITLES:
a. Show Money – 10% of the minimum bid price to be surrendered by the auction participant to the Selling Entity on auction day Jaunary 28, 2011 upon registration as an auction participant. The Show Money must be in a Manager’s Check payable to the Star Asset Management ROPOAS, Inc.
b. 20% of the Winning Bid Price less the Show Money – to be submitted by the Winning Bidder in a Manager’s Check payable to the Selling Entity not later than February 4, 2011.
c. Downpayment – 75% of the Winning Bid Price shall be paid not later than March 28, 2011.
d. Balance – 5% of the Winning Bid Price payable within seven (7) calendar days from presentation of title in the name of the Selling Entity.
PROPERTY RELATED EXPENSES: All legitimate property-related expenses (including association dues and real estate taxes) identified and due /owing as of January 28, 2011 shall be settled by the Seller, as specified in the Auction Rules and Guidelines.
Disclaimer
Titles of properties are either under Seller’s name or under various stages of consolidation in the Seller’s name. Interested parties are therefore advised to check the title, the physical and legal condition of the property. Vicinity maps, lot and floor areas are approximates only. Property details ( including the lot plans and pictures ), prices, and terms are subject to change without prior notice. The Seller reserves the right to pull-out any property anytime. Change in prices are subject to the sole discretion of the Seller.
Happy hunting!
To our success and financial freedom!
Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: https://www.foreclosurephilippines.com
Follow me in Twitter: http://twitter.com/jay_castillo
Find us in Facebook: Foreclosure Investing Philippines facebook page
Text by Jay Castillo and Cherry Castillo. Copyright © 2011 All rights reserved.
PS. Don’t be the last to know, subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. Mailbox getting full? Subscribe through my RSS Feed instead!
available pa ba ang occupied by dole??
Im surfing and then suddenly stop and start reading when saw star management properties notice to conduct biding Visayas- Mindanao Properties in Bacolod at L fisher Hotel on Jan 22. Thanks for that Info page of yours.
My Client, the Tenants of the property(renting) were eager to know when was the Bidding, because they always wanted to own the property they were leasing… They just learn it from me 2 days ago that it was already foreclose and Star Property already owns that property. Now Jan 22 is the day they shall own that property.
Thanks a lot jay!!
By the way I,m also a License Real Estate Broker same day when you take your Licensed Examination on Real estate Broker, Im Eugen R. Catalan
REBL no. VI-159
Eugene
Pingback: Tweets that mention Star Properties’ Open Auction of Prime properties slated on January 28, 2011