The Privatization and Management Office (“PMO”) is Offering for Sale on an “as-is, where-is” basis, the property described hereunder:
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PUBLIC AUCTION |
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|
Item No. |
TCT No. |
Area (sq. m.) |
Location |
Base Price (PhP) |
Participation Fee (PhP) |
Pre-Bid Conference Date |
Bid Submission Deadline |
|
1 |
T-48853 |
8,288 |
Barangay Magsaysay Norte, Cabanatuan City, Nueva Ecija |
40,611,200.00 |
2,500.00 |
20 February 2026 10:00 AM |
02 March 2026 10:00 AM |
|
NEGOTIATED SALE |
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|
1 |
T-212683 |
320 |
Barangay San Jose (Concepcion), Tarlac |
6,080,000.00 |
1,500.00 |
24 February 2026 10:00 AM |
10 March 2026 10:00 AM |
|
2 |
T-212684 |
320 |
6,080,000.00 |
1,500.00 |
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|
3 |
T-212685 |
320 |
6,080,000.00 |
1,500.00 |
|||
|
4 |
T-212686 |
316 |
6,004,000.00 |
1,500.00 |
|||
|
5 |
T-212687 |
316 |
6,004,000.00 |
1,500.00 |
|||
|
6 |
T-212688 |
320 |
6,080,000.00 |
1,500.00 |
|||
|
7 |
T-212689 |
320 |
6,080,000.00 |
1,500.00 |
|||
|
8 |
T-160723 |
240 |
Barangay Suizo, Tarlac City, Tarlac |
1,656,000.00 |
1,500.00 |
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|
9 |
T-160724 |
260 |
1,794,000.00 |
1,500.00 |
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|
10 |
133-2021003373 |
3,931 |
Brgy. San Isidro, Talakag, Bukidnon |
550,000.00 |
1,500.00 |
24 February 2026 10:00 AM |
10 March 2026 10:00 AM |
|
11 |
133-2021003377 |
3,779 |
340,000.00 |
1,500.00 |
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|
12 |
133-2021003378 |
14,581 |
1,312,000.00 |
1,500.00 |
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|
13 |
018-2010002179 |
1,000 |
Cliff Drive, Loakan Proper, Baguio City |
15,000,000.00 |
1,500.00 |
24 February 2026 2:00 PM |
10 March 2026 2:00 PM |
|
14 |
T-142955 |
500 |
Canyon Woods Resorts, Brgy.San Gregorio, Laurel, Batangas |
5,000.000.00 |
1,500.00 |
24 February 2026 2:00 PM |
10 March 2026 2:00 PM |
|
15 |
T-142956 |
500 |
5,000,000.00 |
1,500.00 |
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Each property is being offered at a Base Price as set forth above. The Bid is payable in Cash, Bank Manager’s Check issued by a Universal or Commercial Bank, Direct Bank Deposit, or Electronic Fund Transfer and is exclusive of any and all taxes. All taxes, fees, and expenses pursuant to or in relation to the sale of the property shall be borne by the Buyer. Bids must not be lower than the Base Price.
The Bidding Documents, which include the authenticated Asset Specific Bidding Rules (“ASBR”) and the Asset Specific Catalogue (“ASC”), shall be issued starting on 04 February 2026 until the day immediately preceding the Bid Submission Deadline as indicated above during office hours (8:00 a.m. to 5:00 p.m.) at the 5th Floor, Privatization and Management Office (PMO), 104 Gamboa St., Legaspi Village, Makati City.
As a prerequisite to the issuance of the Bidding Documents, interested parties shall pay the non-refundable Participation Fee set forth above. Parties who have been issued Bidding Documents may conduct due diligence on the relevant lot starting 04 February 2026 until the day immediately preceding the Bid/Offer Submission Deadline for each property.
A Pre-Bidding Conference will be held on the dates set forth above.
Bids and Bid Security shall be submitted on the dates set forth above through:
| In-person via Bid Box | The bid box shall be closed at exactly 10:00 A.M. or 2:00 P.M. No bids shall be accepted after the deadline and closing of the bid box. |
| Online via This email address is being protected from spambots. You need JavaScript enabled to view it. |
Bid offers will not be accepted after the bid submission deadline. (Online submission must be password protected) |
Bids shall be submitted at the 4th Floor, Privatization and Management Office (PMO), 104 Gamboa St., Legaspi Village, Makati City. The opening and tabulation of bids/offers shall be done immediately after the Bid Submission Deadline.
The Bidders must comply with the requirements provided in the ASBR and shall submit a Bid Security equivalent to ten percent (10%) of the bid price indicated in the ASBR. The Bid Security may be in the form of Cash, Bank Manager’s Check issued by a Universal or Commercial Bank, Direct Bank Deposit, or Electronic Fund Transfer, payable to:
|
Bank |
Land Bank of the Philippines |
| Branch | Paseo de Roxas, Makati City |
| Account | Current |
| Account Number | 1802-1011-51 |
| Account Name | Privatization and Management Office |
The opening and evaluation of bids shall be conducted solely to determine the highest qualified financial bid, which shall be subject to the approval of the Privatization Council prior to any award. Full payment of the Purchase Price for the relevant lot shall be made within the specific period from receipt of the Notice of Award.
Interested parties may contact:
Marketing Division
PRIVATIZATION AND MANAGEMENT OFFICE
104 Gamboa Street, Legaspi Village, Makati City
Telephone Nos. : (02) 8810-7578 or (02) 8817-6331 or (02) 8818-8305 or 09205597127
The PMO reserves the right to reject any or all bids, or waive any defect or required formality therein, and to accept the bids considered most advantageous to the National Government. In the event of failure of public bidding, the PMO may resort to other modes of disposition provided under existing laws, rules and regulations.
The PMO does not assume any obligation to compensate or indemnify parties for any expense or loss that may be incurred as a result of their participation in the bidding process for any of the lots, nor does it guarantee that an award will be made. The PMO reserves the right to modify, supplement, or amend the ASBR, any document included in the Bidding Documents, or any other aspect of the bidding process at any time, including the schedule and venue, for any reason and without prior notice. Bidders shall be notified of such modifications, supplements, or changes accordingly.
(SGD) MICHAEL PETER A. ALEJANDRO
Chief Privatization Officer
