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Star Properties’ Open Auction of Prime properties slated on January 28, 2011

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)

Star Auction 2011: Open Auction of Prime Properties on January 28, 2011

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

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3 thoughts on “Star Properties’ Open Auction of Prime properties slated on January 28, 2011”

  1. 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

    Reply
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