PDIC prepares to sell commercial, Residential lots via public E-bidding from Oct. 25 to 26

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File Photo

THE Philippine Deposit Insurance Corp. (PDIC) will accept bids for closed bank and corporate-owned residential and commercial lots on its e-bidding portal at https://assetsforsale.pdic.gov.ph starting at 9 a.m. on Oct. 25, 2023, until 1 p.m. on Oct. 26 and shall be opened at 2 p.m. on Oct. 26.

With a total minimum disposal price of P270.6 million, 253 vacant residential lots, 12 residential lots with improvements, six mixed commercial/residential lots with improvements, two commercial lots with improvements, one vacant industrial lot, and a residential condominium unit will be sold on an “as-is, where-is” basis.

Most of the properties are located in Quezon province, while others are located in Metro Manila, Batangas, Bulacan, Cavite, Iloilo, Laguna, Lanao del Norte, Negros Occidental, Pangasinan, Romblon and South Cotabato.

Property sizes range from 44 square meters to 8,566 square meters, with minimum disposal prices ranging from P237,500 to P61.7 million. (PR)

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