PDIC to auction 97 properties on Aug. 27-28

PDIC to auction 97 properties on Aug. 27-28
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THE Philippine Deposit Insurance Corp. (PDIC) is set to sell 97 real estate assets through an electronic public bidding scheduled for Aug. 27 to 28, 2025.

In a statement, PDIC said interested buyers may submit their bids via the agency’s e-bidding portal at https://assetsforsale.pdic.gov.ph, starting at 9 a.m. on Aug. 27 until 1 p.m. on Aug. 28.

The opening of bids will follow at 2 p.m. on the same day. The properties, which will be sold on an as-is, where-is basis, include 31 vacant residential lots; 25 residential lots with improvements; 24 vacant agricultural lots; five agricultural lots with improvements; five memorial lots; three mixed-use residential/agricultural lots with improvements; two mixed vacant residential/agricultural lots and two commercial lots with improvements.

Ranging in size and location, some lots cover areas of up to 11 hectares.

The assets are located in Aklan, Bataan, Batangas, Cavite, Ilocos Sur, Iloilo, Isabela, Laguna, Lanao del Norte, Leyte, Negros Occidental, Negros Oriental, Nueva Ecija, Palawan, Pampanga, Pangasinan, Rizal, Romblon, Tarlac and Zambales. To participate, interested bidders must register at the PDIC e-bidding portal. / KOC

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