Wednesday, January 25, 2017

DBP to auction P130M Davao City property

The Development Bank of the Philippines (DBP) will be holding an auction for foreclosed properties on February 9, 2017 (Thursday)

Most notable among the properties is a Davao City property worth a minimum bid of P130,401,000.

The property is four (4) contiguous residential/commercial lots with bakeshop/ foodhouse, two (2) storey storage and display, two (2) storey carport, storage and living quarters, two (2) storey lumber shed and storage and office bldgs.

Other notable properties include an industrial/residential lot with (2) storey residential building with perimeter fence solar drier, a bodega/warehouse building, and a garage in Cagayan for P10 million. Another is a P14 million residential lot in Palawan. In Samar, there are 9-parcel residential-industrial lots with office/copra laboratory, two (2) warehouse building, garage, water tank, and fanc for P10 million. 

In summary, DBP will be auctioning properties in the following locations:
- Antique
- Camarines Sur
- Cavite
- Cebu
- Davao City
- Davao Oriental
- Ilocos Norte
- Manila
- Leyte
- Maguindanao
- Northern Samar
- Nueva Ecija
- Negros Occidental
- Oriental Mindoro
- Palawan
- Pangasinan
- Quezon
- Sorsogon
- Samar
- Zambales
- Zamboanga City

The auction will be held on
February 9, 2017, Thursday, at 1:30 p.m., at 2nd Floor, DBP Building, C.M. Recto Avenue, Davao City and Suite 5, Executive Lounge, 12th Floor, DBP Head Office Bldg., Sen. Gil Puyat Ave., cor Makati Ave., Makati City.

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