· 2020-03-29 · property location of property (davao del norte, comval province and davao...
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Home Development Mutual Fund Davao Housing Hub
Pryce Tower Condominium, PryceBusinessPark JP Laurel Avenue, Davao City
INVITATION FOR 15T PUBLIC AUCTION
JUNE 19, 2019
The Home Development Mutual Fund (Pag-lBIG FUND) Davao Ho!Jsing Hub-Committee on Disposition of Acquired Assets shall conduct a FIRST (1 5r) PUBLIC AUCTION for the following ACQUIRED RESIDENTIAL PROPERTIES on JUNE 19, 2019 10:30AM at Miko's Brew, Apokon Road, Tagum City. A PRE-BID CONFERENCE will be conducted on the same date at 8:30 AM.
LOCATION OF PROPERTY PROPERTY (DAVAO DEL NORTE, COMVAL PROVINCE AND DAVAO ORIENTAL LOT FLOOR MINIMUM STATUS OF TCT
PROPERTIES) AREA AREA BID PRICE ITEM NO. BLK LOT DESCRIPTION
DAVAO DEL NORTE PROPERTIES KAPALONG
VILLA CLEMENTA SUBDIVISION 01 11 16 Villa Clementa Subdivision, Maniki, Kapalong 109.00 36.00 251,420.00 CTS - For Consolidation to HDMF 02 11 17 Villa Clementa Subdivision, Maniki, Kapalong 109.00 36.00 251,420.00 CTS - For Consolidation to HDMF 03 11 22 Villa Clementa Subdivision, Maniki, Kapalong 111.00 35.75 268,420.00 CTS - For Consolidation to HDMF 04 12 04 Villa Clementa Subdivision, Maniki, Kapalong 133.00 35.75 285,320.00 CTS - For Consolidation to HDMF 05 12 07 Villa Clementa Subdivision, Maniki, Kapalong 128.00 36.00 285,420.00 CTS - For Consolidation to HDMF 06 12 08 Villa Clementa Subdivision, Man iki, Kapalong. 126.00 36.00 270,1 20.00 CTS - For Consolidation to HDMF 07 12 14 Villa Clementa Subdivision, Maniki, Kapalong 120.00 36.00 277,720.00 CTS - For Consolidation to HDMF 08 12 33 Villa Clementa Subdivision, Maniki, Kapalong 120.00 35.75 263,520.00 CTS - For Consolidation to HDMF 09 12 35 Villa Clementa Subdivision, Maniki, Kapalong 120.00 36.00 271,520.00 CTS - For Consolidation to HDMF 10 13 02 Villa Clementa Subdivision, Man iki, Kapa!ong 196.00 36.00 330,680.00 CTS - For Consolidation to HDMF 11 13 26 Villa Clementa Subdivision, Maniki, Kapalong . 120.00 35.75 247,080.00 CTS - For Consolidation to HDMF 12 13 46 Villa Clementa Subdivision, Man iki, Kapalong \ 120.00 35.75 ~ 249,476.80 CTS - For Consolidation to HDMF 13 14 37 Vil~ Clementa Subdivision, Maniki, Kapalong ,._ I \ 120.00 35.75// 278,520.00 CTS - For Consolidation to HDMF
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PROPERTY LOCATION OF PROPERTY (DAVAO DEL NORTE, COMVAL PROVINCE AND DAVAO ORIENTAL PROPERTIES) LOT FLOOR MINIMUM
AREA AREA BID PRICE STATUS OF TCT
ITEM NO. BLK LOT DESCRIPTION
VILLA CLEMENTA SUBDIVISIO~ 14 16 19 Villa Clementa Subdivision, Maniki, Kapalong 120.00 36.00 268,520.00 CTS - For Consolidation to HDMF 15 16 25 Villa Clementa Subdivision, Maniki, Kapalong 120.00 35.75 284,820.00 CTS - For Consolidation to HDMF 16 16 26 Villa Clementa Subdivision, Maniki, Kapalong 120.00 35.75 263,520.00 CTS - For Consolidation to HDMF 17 22 10 Villa Clementa Subdivision, Maniki, Kapalong 120.00 36.00 247,100.00 HDMF - Consolidated 18 22 22 Villa Clementa Subdivision, Maniki, Kapalong 120.00 36.00 247,100.00 HDMF - Consolidated 19 22 31 Villa Clementa Subdivision, Maniki, Kapalong 120.00 36.00 244,800.00 HDMF - Consolidated 20 22 35 Villa Clementa Subdivision, Maniki, Kapalong 120.00 36.00 242,476.80 CTS - For Consolidation to HDMF 21 23 46 Villa Clementa Subdivision , Maniki, Kapalong 120.00 36.00 249,976.80 CTS - For Consolidation to HDMF
TAGUM
BERMUDEZ PLAINS SUBDIVISION 22 02 02 Bermudez Plains Subdivision Ph I, Apokon, Tagum City 106.00 36.00 553,500.00 HDMF - Consolidated 23 02 19 Bermudez Plains Subdivision Ph E, Apokon, Tagum City 120.00 27.60 517,240.00 HDMF - Consolidated 24 22 09 Bermudez Plains Subdivision Ph ii, Apokon, Tagum City 90.00 40.25 854,900.00 CTS - For Consolidation to HDMF 25 34 10 Bermudez Plains Subdivision Ph II, Apokon, Tagum City 90.00 27.60 454,900.00 HDMF - Consolidated
ESMERALDA NORTH SUBDIVISION 26 02 06 Esmeralda North Subdivision, Apokon, Tagum City 100.00 42.05 1,178,400.00 CTS - For Consolidation to HDMF 27 03 10 Esmeralda North Subdivision, Apokon, Tagum City 50.00 31.02 592,700.00 CTS - For Consolidation to HDMF 28 05 33 Esmeralda North Subdivision, Apokon, Tagum City 69.00 31.02 664,400.00 CTS - For Consolidation to HDMF 29 10 18 Esmeralda North Subdivision, Apokon, Tagum City 172.00 56.50 1,694,900.00 CTS - For Consolidation to HDMF 30 10 20 Esmeralda North Subdivision, Apokon, Tagum City 171.00 56.50 1,691,400.00 CTS - For Consolidation to HDMF
ESMERALDA SUBDIVISION 31 05 37 Esmeralda ·Homes Subdivision, Canocotan, Tagum City 131.00 56.50 1,708,900.00 CTS - For Consolidation to HDMF
32 05 45 Esmeralda Homes Subdivision, Canocotan, Tagum City 142.00 56.50 2,018,900.00 CTS - For Consolidation to HDMF
33 08 05 Esmeralda Homes Subdivision, Canocotan, Tagum City 84.00 41 .93 1,129,100.00 CTS - For Consolidation to HDMF
34 12 02 Esmeralda Homes Subdivision, Canocotan, Tagum City 131 .00 56.50 1,663,900.00 CTS - For Consolidation to HDMF
35 06 Purok Tipaz, Magugpo East, Tagum City 116.00 45.00 566,800.00 HDMF - Consolidated
36 06 Suaybaguio District, Magugpo North, Tagum City 300.00 1111165 1,973,400.00 HDMF - Consolidated
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LOCATION OF PROPERTY PROPERTY (DAVAO DEL NORTE, COMVAL PROVINCE AND DAVAO ORIENTAL LOT FLOOR MINIMUM STATUS OF TCT
PROPERTIES) AREA AREA BID PRICE ITEM NO. BLK LOT DESCRIPTION
ANJELICA HOMES SUBDIVISION 37 02 01 . Anjelica Homes Ph II, MaQugpo, Tagum City . 90.00 47.52 791,300.00 HDMF - Consolidated
LORENZO VILLAGE 38 01 35 Lorenzo Village, Magugpo, Tagum City 90.00 45.00 641 ,463.73 HDMF - Consolidated 39 07 03 Lorenzo Village, Magugpo, Tagum City 90.00 45.00 581,000.00 HDMF - Consolidated
MERVILLE SUBDIVISION 40 21 46 Merville Subdivision, Magdum, Tagum City 300.00 LOT ONLY 705,000.00 HDMF - Consolidated
CAPITOL HOMES SUBDIVISION 41 15 22 Capitol Homes Subdivision, Mankilam, Tagum City 120.00 61.14 487,200.00 HDMF - Consolidated 42 24 10 Capitol Homes Subdivision, Mankilam, Tagum City 120.00 36.35 358,550.00 HDMF - Consol idated 43 30 03 Capitol Homes Subdivision, Mankilam, Tagum City 120.00 36.35 365,000.00 HDMF - Consolidated
VILLA MAGSANOC SUBDIVISION 44 04 38 Villa Magsanoc Subdivision , Mankilam, Tagum City 100.00 46.02 342,287.17 HDMF - Consolidated
RENZO VILLAGE 45 01 34 Renzo Village, Purok Cogon, Visayan Village, Tagum City 90.00 45.00 747,700.00 HDMF - Consolidated 46 02 17 Renzo Village, Purok Cogon, Visayan Village, Tagum City 133.00 45.00 870,500.00 HDMF - Consolidated 47 04 29 . Renzo Village, Purok Cogon, Visayan Village, Tagum City 127.00 45.00 846,400.00 HDMF - Consolidated 48 05 11 Renzo Village, Purok Cogon, Visayan Village, Tagum City 90.00 45.00 753,138.00 HDMF - Consolidated
ST. THERESE SUBDIVISION 49 01 12 St. Therese Subdivision Ph I, Purok Pioneer, Visayan Village Tagum City 135.00 57.34 1,470,900.00 CTS - For Consolidation to HDMF 50 02 06 St. Therese Subdivision Ph I, Purok Pioneer, Visavan VillaQe TaQum Citv 135.00 57.34 1,488,900.00 CTS - For Consolidation to HDMF 51 02 18 St. Therese Subdivision Ph I, Purok Pioneer, Visayan Village Tagum City 135.00 57.34 1,502,800.00 CTS - For Consolidation to HDMF 52 06 20 St. Therese Subdivision Ph I, Purok Pioneer, Visayan Village Tagum City 90.00 40.19 1,038,700.00 CTS - For Consolidation to HDMF 53 07 21 St. Therese Subdivision Ph I, Purok Pioneer, Visayan Village Tagum City 91 .00 40.19 1,015,200.00 CTS - For Consolidation to HDMF 54 08 07 St. Therese Subdivision Ph I, Purok Pioneer, Visayan Village Tagum City 50.00 33.13 594,200.00 CTS - For Consolidation to HDMF 55 08 09 St. Therese Subdivision Ph I, Purok Pioneer, Visayan Village Tagum City 50.00 33.13 592,200.00 CTS - For Consolidation to HDMF 56 08 12 St. Therese Subdivision Ph I, Purok Pioneer, Visayan Village Tagum City 50.00 33.13 592,200.00 CTS - For Consolidation to HDMF 57 10 01 St. Therese Subdivision Ph I, Purok Pioneer, Visayan Village Tagum Cit~ 80.00 33.13 734,200.00 CTS - For Consolidation to HDMF 58 02 04 St. Therese Subdivision Ph II, Purok Pioneer, Visayan Village Tagum Cit) 131.00 57.34 1,562,600.00 CTS - For Consolidation to HDMF 59 06 02 St.1 Therese Subdivision Ph II , Purok Pioneer, Visayan Village Tagum Cit) 136.00 40.19 ) 1,300,300.00 CTS - For Consolidation to HDMF
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PROPERTY LOCATION OF PROPERTY LOT FLOOR MINIMUM
(DAVAO DEL NORTE, COMVAL PROVINCE AND DAVAO ORIENTAL PROPERTIES) AREA AREA BID PRICE
STATUS OF TCT
ITEM NO. BLK LOT DESCRIPTION ST. THERESE SUBDIVISION
. 60 09 08 St. Therese Subdivision Ph II, Pure~ Pioneer, Yisayan Village Tagum City 166.00 . 57.34 . 1,759,100.00 CTS - For Consolidation to HDMF 61 12 02 St. Therese Subdivision Ph II, Purok Pioneer, Visayan Village Tagum City 111 .00 39.47 1,082,800.00 CTS - For Consolidation to HDMF 62 14 01 St. Therese Subdivision Ph II, Purok Pioneer, Visayan Village Tagum City 60.00 33.13 698,500.00 CTS - For Consolidation to HDMF
DAVAO ORIENTAL PROPERTIES LUPON
CLADO SUBDIVISION 63 04 12 Clado Subdivision, Poblacion, Lupon 340.00 35.95 537,200.00 HDMF - Consolidated
MATICITY
ARCHIE HEIGHTS SUBDIVISION 64 02 02 Archie Heights Subdivision, Upper Matiao, Mati City 200.00 49.20 564,700.00 HDMF - Consolidated
CONCHITA VILLAGE 65 04 03 Conchita Village, Brgy. Saintz, Mati City 400.00 80.87 1,290,900.00 HDMF - Consolidated
ER VILLAGE 66 07 05 Er Village, Brgy. Saintz, Mati City 156.00 36.00 409,666.67 CTS - For Consolidation to HDMF
NHA MATI HOUSING 67 15 06 NHA Mati Housing, Dahican, Mati City 120.00 30.00 266,900.00 HDMF - Consolidated .
SILVER HOMES SUBDIVISION 68 L 1-D-2-I-3 Silver Homes Subdivision, Capitol Hills, Poblacion, Mati City 205.00 50.54 603,300.00 HDMF - Consolidated
69 L 1-D-2-K-2 Capitol Hills, Mati City 401.00 LOT ONLY 802,000.00 HDMF - Consolidated
COMPOSTELA VALLEY PROVINCE·PROPERTIES ,.
MONKAYO
GOLDEN PLAINS SUBDIVISION 70 06 11 Golden Plains Subdivision, Phase I, Poblacion, Monkayo \ 214.00 52.QQ 566,900.00 HDMF - Consolidated
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GENERAL GUIDELINES
1. Interested parties are required to secure copies of: (a) INSTRUCTION TO BIDDERS (HQP-AAF-104) and (b) OFFER TO BID (HQP-AAF-103) from the office of the Acquired Assets Management and Disposition Unit of the HDMF, Davao Housing Hub, 4th Floor, Pryce Tower Condominium, Pryce Business Park, JP Laurel Avenue, Davao City or any Member Services Branch near you or may download the forms at www.pagibigfund.gov.ph (link Disposition of Acquired Assets for Public Auction).
2. Properties shall be sold on an "AS IS, WHERE IS" basis.
3. All interested buyers are encouraged to inspect the property/ies before tendering their offer/s. The list of the properties may be viewed at www.pagibigfund.gov.ph/aa/aa.aspx (Other properties for sale-Disposition of Acquired Assets for Public Auction).
4. Bidders are also encouraged to visit our website, www.pagibigfund.gov.ph/aa/aa.aspx five (5) days prior the actual auction date, to check whether there are any erratum posted on the list of properties posted under the sealed public auction.
5. Sealed proposals shall be received by the Committee on Disposition of Acquired Assets' Secretariat at the designated venue, starting at 10:00 AM but not later than 10:30 AM or upon declaration of the closing of bid acceptance by the Committee on the scheduled date; the said proposals shall be opened immediately in the presence of the committee and attending bidders. Bidders are advised to submit their proposals only on the scheduled date of batch. No proposals shall be accepted by the committee earlier or later than the scheduled date.
6. The Bid Offer shall not be lower than the minimum bid amount set by the Fund.
7. Each bid proposal shall be accompanied by a BIDDER'S BOND either in CASH or MANAGER'S CHECK issued by any commercial bank, in Philippine Currency, payable to Pag-lBIG Fund for an amount equivalent to 10% of the BID PRICE or the BIDDER may opt to pay the BOND starting on JUNE 7, 2019 at the Cash Division, Second Floor Bormaheco, JP Laurel Avenue, Bajada, Davao Cityor any Member Services Branch near you and attach the original Pag-lBIG FUND Receipt (PFR) to the bid proposal. It shall likewise serve as the down payment of the winning bidder.
8. The bidder shall state in words and in figures the amount of his bid and his mode of payment, and shall submit a bidder's bond in the amount equivalent to at least ten percent (10%) of his bid. The bond shall be in Philippine Currency and may be in the form of cash or manager's check payable to the Fund and issued by any commercial or universal bank.
9. In the absence of a chosen mode of payment, the default mode of payment shall e long-term installment. Likewise, change on the winning bidder's mode of payment shall not be allowed.
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10. For Bidders, whose bid bond is in the form of a MANAGER'S CHECK, are advised to adhere to the current BangkoSentral ng Pilipinas (BSP) memorandum relative to the proper handling of checks: Do not staple, crumple, fold, bind or pin checks.
11. Payment of the remaining ninety percent (90%) bid offer balance may either be thru any of the following modes:
12.
a. Cash - on which the approved purchase price shall be paid not later than thirty (30) calendar days from date of receipt of Notice of Approval of Sale.
b. Short-Term Installment basis - on which payment shall be in equal monthly installment inclusive of interest and provided the chosen payment term shall not exceed twelve (12) months subject to an interest based on the Full Risk-Based Pricing Framework for three-year fixing period.
c. Long Term Installment- payment shall be in the form of monthly amortization based on the approved term, which may be up to a maximum of thirty (30) years with the following considerations:
1. Approval and term shall be subject to eligibility requirements stipulated under the Circular 383 Guidelines on sale of Pag-lBIG FUND Real and Other Properties Acquired;
2. The amount shall be the bidder's bid offer, net of the 10% down payment; 3. In case the application has been disapproved, the 10% bidder's bond shall be forfeited in favor of the Fund.
4. The buyer shall be required to file his Long term installment application and pay the following incidental expenses within thirty (30) calendar days from receipt of the Notice of Loan Approval:
a. Processing fee of Three Thousand Pesos (the P1 ,000.00 shall be paid on the auction day while the remaining P2,000.00 shall be paid upon submission of complete requirements);
b. Equity, if applicable; c. One year advance insurance premiums (sales redemption insurance as well as fire and allied peril insurance);
5. In case the Bid Offer, net of the ten percent (10%) bid bond and additional discount, is still higher than the appraisal value of the property, the amount in excess of the appraisal value shall be treated as equity. It shall be paid by the buyer within thirty (30) calendar days upon receipt of Notice of Loan Approval.
6. Original Borrowers who wish to participate on the Sealed Public Auction shall not be allowed to bid thru long term installment availment. They may only bid thru cash or short term instaliment basis.
In the absence of a preferred mode of payment as mentioned in Item 9, the default mode is through long-term instal pay through cash or sh;:-t:j nstallment, the applicable discount based on the winning bid amount are as follows:
• 1
_ I Mode of Payment I Discounl Rate I -6\: ent. In case the winning bidder opted to
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Cash 20% Short-Term Installment 10% Long-Term Installment None
13. The Bidders shall be present at the opening of bids. Bidders may designate their Authorized Representatives, provided they shall issue the following documents:· ·
a. Notarized Special Power of Attorney (SPA) for individual-bidder. The SPA for bidding may be downloaded at www.pagibigfund.qov.ph/aalaa.aspx (Other properties for sale-Disposition of Acquired Assets for Public Auction)
b. Secretary's Certificate for company-bidder
14. The Opening of Bids shall commence from 10:31 AM or upon declaration by the Committee until completion.
15. The bidder who offers the highest bid shall be declared as the winner.
16. In case there are identical offers constituting the highest bids, the tie shall be resolved by considering the Mode of Payment. The priority in terms of mode of payment shall be as follows:
a. Cash; b. Short-Term Installment; c. Long-Term Installment.
If there is still a tie after considering the mode of payment, it shall be resolved immediately through toss coin. However, in case there are more than two (2) highest bidders, the tie shall be resolved based on the time of registration of bids.
17. The non-winning bidders' respective bid bonds shall be returned to them immediately together with an Acknowledgment Receipt once a winning bidder has been declared.
18. If the winning bidder fails or refuses to push through with the purchase of the property, or fails to pay in full the remaining balance within 30 calendar days from receipt of the Notice of Award (NOA), he shall lose his right as winning bidder and the 10% bidder's bond shall be forfeited in favor of the Fund.
19. The Fund shall declare the next highest bidder as the winning bidder in case the sale to the original winning bidder is cancelled. He shall be required to pay a down payment of 10% of the offer price within fifteen (15) calendar days from notification and the remaining ninety percent (90%) of his bid price within the approved payment period. In the event there are two (2) or more om plying ,i ders, the same rule on resolving ties shall be applied.
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20. Interested parties may visit the ACQUIRED ASSETS MANAGEMENT AND DISPOSITION UNIT or contact MR. CHRISTOPHER C. PIO, MR. MELVIN I B. CRUZ, MR. LAURENCE EDSEL L. YAP or MS. MARILOU C. BAQUEROSA at telephone no. (082) 224-4733/(0916)2825160 / (0929)7013802. You may also email your inquiries for further details at [email protected].
PAG-IBIG FUND RESERVES THE RIGHT TO REJECT ANY-OR ALL -BIDS, TO WAIVE ANY FORMALITY THEREIN OR ACCEPT SUCH BIDS AS MAY BE CONSIDERED MOST ADVANTAGEOUS TO THE FUND. THE DECISION OF THE FUND 15 FINAL AND BINDING.
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