The Philippine National Bank (PNB) will be holding a public sealed bidding of its acquired foreclosures on March 20, 2015. Auction proper starts 10:00 a.m., at the Special Assets Management Group, located at 9F PNB Financial Center, Pres. Diosdado Macapagal Blvd., Pasay City. Interested parties are advised to refer to the terms of reference
Different types of residential properties are up for bidding, among them condominiums, a townhouse (located in Cupang, Muntinlupa City), and house-and-lot units. The list also include a number of commercial properties, as well as other types of real estate such as a school (located in Pangasinan), a hospital (located in Zamboanga Sibugay), and a theater/cinema (loacted in Dagupan City, Pangasinan). View the complete list here
The bank's featured pick is a condominium unit at The Columns: Unit 28C, on the 28th Floor of Tower II, spanning 48 square meters, and equipped with one bedroom, one bathroom, one kitchen, and one designated parking slot. The unit is semi-furnished.
The unit's title is already registered under the name of PNB. Likewise, possession is under PNB. The minimum bid price is P6,000,000.
A project of Ayala Land Inc., the country's biggest developer, The Columns is a two-tower, 41-story condominium located at the corner of Ayala Avenue and Sen. Gil Puyat Avenue in Makati. It has amenities such as a pool, a function hall, a gym, and a playroom, among others.