PDIC to Auction 97 Properties Nationwide in Major Asset Sale
PDIC announces major nationwide property auction featuring 97 diverse real estate assets through e-bidding platform. Properties span residential, agricultural, and commercial sectors across key Philippine regions.
PDIC headquarters announcing nationwide property auction of 97 diverse real estate assets
The Philippine Deposit Insurance Corporation (PDIC) has announced a significant e-bidding event for 97 real estate properties scheduled for August 27-28, 2025, marking a major opportunity for property investors amid ongoing economic developments in the country.
Digital Bidding Process and Property Details
The auction will be conducted through PDIC's e-bidding portal (https://assetsforsale.pdic.gov.ph), with bid submissions accepted from 9 a.m. on August 27 until 1 p.m. on August 28. The formal bid opening is scheduled for 2 p.m. on August 28.
Property Portfolio Breakdown:
- 31 vacant residential lots
- 25 residential lots with improvements
- 24 vacant agricultural lots
- 5 agricultural lots with improvements
- 5 memorial lots
- 3 mixed-use residential/agricultural lots with improvements
- 2 mixed vacant residential/agricultural lots
- 2 commercial lots with improvements
Some properties extend up to 11 hectares in size, presenting substantial investment opportunities in regions experiencing significant infrastructure development.
Geographic Distribution
The properties are strategically located across multiple provinces, including Aklan, Bataan, Batangas, Cavite, and Ilocos Sur. Notable locations also include areas near recently developed infrastructure projects, spanning from Luzon to Visayas.
Participation Guidelines
Interested parties must complete registration through the PDIC e-bidding portal. All properties will be sold on an as-is, where-is basis, reflecting standard market practices for institutional asset sales.
Manny Pacquiao
Independent Filipino journalist covering democracy, civil rights, and government accountability across Southeast Asia.