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Aug 27, 2017 @ 15:02

PDIC to sell posh Alabang condos worth P69.5M


These posh condominium units are looking for new owners.

The Philippine Deposit Insurance Corporation (PDIC) wants to auction off eight condo units with parking slots for at least P69.5 million on Aug. 31, as it eyes to liquidate assets of the closed Exportbank in order to pay off its remaining liabilities.

In a statement, PDIC said it will hold the auction for the properties on Thursday, Aug. 31 at the SSS Building in Makati City. The units are located at the CALEREICE Mapfre Asian Corp. Center, Madrigal Business Park along Acacia Ave. in Ayala Alabang.

The units are spacious, with floor areas ranging from 66.14-102.79 square meters. However, PDIC said the bidding will on an “as-is, where-is” basis, so potential buyers should check the properties themselves before attemptnig a purchase.

Other properties and cars will also be up for bidding. The full list can be checked here.

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