Tuesday, February 7, 2017

PNB to Auction Properties on February 23-24, 2017

Pabahay Bonanza (February 23)

The Philippine National Bank is set to auction various properties at the  Pabahay Bonanza. Property selling prices can go up to Php 5 million.

The properties are located in Batangas, Cavite, Palawan, Occidental Mindoro, and Oriental Mindoro. Click here for the full list of properties on the February 23 auction.

Interests can go as low as 6% while payment terms can go up to 20 years.

The auction is set at 2:00 pm on February 23, 2017 at the Dayton Hotel on 69 P. Burgos Street cor. Apacible Street in Batangas City

On-the-spot registrations are allowed for the Auction Event. Brokers and Referrers are welcome.

Those who can't come to the auction are allowed to submit their offers in sealed envelopes so long as they contain the following requirements:

  • Purchase Proposal

  • Client Information Sheet

  • Bidding Terms and Conditions

  • Php 25,000.00 Managers Check payable to PNB or validated deposit slip

Sealed bids should be submitted at the Special Asset Management Group or Regional Asset Management Centers on or before February 17, 2017. Only sealed bids will be considered valid bids will be opened during the auction proper.

Property Sealed Bidding (February 24)

The PNB will also be holding Property-Sealed Building for prime properties on February 24.

Properties in the Greater Manila area, Northern Luzon, Southern Luzon, and Cebu areas are up for grabs.

Click here for the full list of properties on the February 24 Property Sealed Bidding.

The Property Sealed Bidding is set at 10:00 am on February 24, 2017 at the PNB Financial Center on Pres. Diosdado Macapagal Blvd in Pasay City.

For inquiries, call the PNB Special Assets Management Group through the following:

Hotline: (02) 573-4115

Trunkline: (02) 526-3131 to 80 / 891-6040

Local: 4713 / 4539

Email: properties@pnb.com.ph

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