Written by Tribune
Thursday, 26 July 2012 00:00
A total of 130 real properties with a
combined value of P243.88 million in Davao City are set to be auctioned by the
Philippine Deposit Insurance Corp. (PDIC) on “as-is, where-is” basis in a
public bidding on Aug. 1, 2012.
Venue of bidding will be at the third
floor of the Bangko Sentral ng Pilipinas (BSP) seminar hall in Quirino Avenue,
Davao City, according to PDIC corporate affairs chief Dada Felix.
Up for bidding are 42 condominium
units, 29 parking spaces and 59 residential lots.
The condominium units and parking
spaces are located at Landco Corporate Center, Pryce Business Park, J.P. Laurel
Avenue, Bajada, Davao City while the residential lots are located in Luzville
Subdivision, Panacan, Davao City.
The list of assets and their
descriptions can be accessed at the PDIC Web site, ww.pdic.gov.ph.
All inquiries should be coursed
through the office of the vice president, Rosario Arnaldo, Asset Management and
Disposal Group at 841-4650.
PDIC will receive sealed bids only
from direct buyers on Aug. 1, 2012 from 9 a.m. to 2 p.m.
No extension will be given for the
submission of bids.
Bidders are also advised to come early
for the registration.
Only bidders will be allowed entry to
the venue.
Before submitting their bids,
prospective buyers are advised to physically inspect the properties they intend
to buy, assess and verify the land titles and other documents; and determine
unpaid taxes, fees or expenses.
All bids must be accompanied by a bond
or deposit equivalent to at least 10 percent of the submitted bid either in
cash or manager’s check or cashier’s check or a combination thereof.
PDIC has posted “For Sale” signs in
public and strategic areas within the localities.
In addition to property descriptions,
the vicinity maps and lot plans are also available through the PDIC Web site.
Bid documents such as bid forms,
conditions of bid, and acceptable formats for the special power of attorney and
secretary’s certificate may be downloaded from the PDIC Web site. Ed Velasco
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