PDIC to auction off 52 farm, residential, vacant lots in 23 provinces on Nov. 27

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PDIC to auction off 52 farm, residential, vacant lots in 23 provinces on Nov. 27
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DAVAO CITY—The Philippine Deposit Insurance Corp. (PDIC) announced it will sell 52 properties across the country through electronic public bidding (e-bidding). According to the PDIC, the properties are agricultural, residential and mixed-use lots located in 23 provinces, two of which are in the Visayas and seven in Mindanao.

DAVAO CITY—The Philippine Deposit Insurance Corp. announced it will sell 52 properties across the country through electronic public bidding .

Bids will be accepted through the PDIC’s e-bidding portal starting at 9:00 a.m. on November 27 until 1:00 p.m. of November 28. Bids will be opened at 2:00 p.m. on November 28, the PDIC said. Of these properties, three vacant agricultural lots, one vacant residential lot, and two mixed-use lots will be sold together. One agricultural lot and one residential lot, both with improvements, are also bundled for sale.

Prospective parties can join the e-bidding through a one-time registration on the portal. Once registered, buyers may submit their bids online and observe the e-bidding proceedings by clicking the “Assets for Sale” icon on the PDIC website’s homepage at www.pdic.gov.ph.

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