PDIC bids out Mindanao lots

Government-owned Philippine Deposit Insurance Corp. (PDIC) is set to bid out 104 agricultural, commercial and residential lots in Mindanao worth P64 million.

The properties to be bid out on Feb. 27 include a 798 square meter prime commercial lot valued at P27.6 million in Cagayan de Oro on an “as-is, where-is” basis.

Other lots are located in Agusan del Norte, Agusan del Sur, Bukidnon, Compostela Valley, Davao del Sur, Lanao del Norte, Misamis Oriental, North Cotabato, South Cotabato, Sultan Kudarat and Surigao del Norte.

The auction will be held at the Bangko Sentral ng Pilipinas, Davao regional office, Quirino Avenue, Davao City.

The PDIC Real and Other Properties Acquired (ROPA) committee will accept sealed bids from direct buyers only until 1:45 and will be opened at 2 p.m.