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Sterling Bank foreclosed properties for negotiated sale as of December 20, 2011

Just recently received this list of Sterling Bank foreclosed properties that are for negotiated sale from Resnel Laquindanum of the Acquired Assets Management Department of Sterling Bank of Asia. As usual, these are offered on an “As is where is” basis.

If you will notice, the properties included in this list are the same six properties that were offered for sale through sealed bidding Last December 1, 2011.

This time around however, these properties are now for negotiated sale. Yes, prices are now negotiable.

Please see below the complete list, how to get additional info, and official bid form.

Sterling Bank of Asia foreclosed properties for negotiated sale as of December 20, 2011

Property Type



Lot Area

Total Floor Area

Minimum Price / Floor Price

1 Residential Lot w/ 2-storey Improvement 421 Orbit St., cor. Atlas St., Aero Park Subd., Better Living, Parañaque City 5 minutes away from SM Bicutan and Bicutan Interchange, 10 minutes to the Airport 1,046 sqm 452 sqm. PhP11,700,000
2 Residential Lot w/ 2-storey Improvement #40 Gng. Regina Lirag St., BF Homes Phase 1, Pque. City Near entrance of BF Homes atPresidents Ave., Starbucks BFPresidents Ave. 280 sqm 266 sqm PhP8,700,000
3 Residential Lot w/ 2-storey Improvement Blk 5 Lot 16 Champaca St., El Vinda Subd., Brgy. San Vicente, San Pedro, Laguna 10 minutes away from San Pedro Municipal Hall andDivine MercyHospital 318 sqm 382 sqm PhP6,400,000
4 Residential Lot w/ 2-storey Improvement Block 2 Lot 13 St. Francis Homes I, Brgy.San Francisco, Biñan, Laguna 5 minutes away from Southwoods exit at SLEX 232 sqm 320 sqm PhP5,000,000
5 Private Resort w/ 1 Swimming Pool, a Function Room & 2 Bedrooms Lots 5-A & 5-B Road Lot 2 Baltao Subd., Brgy. Sta. Cruz, Antipolo City, Rizal A 10 minutes walk from the famous Hinulugang Taktak Falls, less than a KM from the Antipolo Church 442 sqm 278 sqm    PhP4,230,000
6 Residential Lot w/ 1-storey Improvement Blk 4 Lot 20 Mars St., Harmony Homes Subd., Brgy. San Vicente, San Pedro, Laguna Near Our Lady of Assumption School, Mater Ecclesia School and Adelina Complex 150 sqm 120 sqm PhP2,300,000
  • Visits to the properties, photocopies of the ownership documents, pictures and vicinity maps can be coordinated with the personnel of Acquired Assets Management Department, specifically Resnel (0917-878-65-40 or 0922-851-80-70) or Monching (0917-594-4910 or 0949-619-1643 or 0922-840-2785 or 02-217-6780). They may also be reached through acquired.assets@sterlingbankasia.com.
  • The Bank is presently consolidating the assets’ documents of ownership to its name.
  • Click here to download the official bid form

Need assistance?

I am now an accredited real estate broker of Sterling Bank of Asia. If you need assistance, just let me know by leaving a comment below.

Happy hunting!


To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker License No. 3194
Blog: https://www.foreclosurephilippines.com
Follow me in Twitter: http://twitter.com/jay_castillo
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Text by Jay Castillo and Cherry Castillo. Copyright © 2011 All rights reserved.

Full disclosure: I am an accredited real estate broker of Sterling Bank of Asia

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About Jay Castillo
People encounter problems and make mistakes when buying foreclosed properties, and Jay wants to help people avoid those problems/ mistakes. Jay encountered a lot of those, which is why he started this blog in 2008 to serve as a guide where he shares lessons learned, and how to overcome challenges you may encounter when investing foreclosed properties in the Philippines … [Read more]
Avoid losing money, wasted time and effort caused by buying foreclosed properties that have too many problems, with our free 60-item Property Due Diligence Checklist. Grab your free copy now.

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