8 condominium units, parking slots under closed bank up for bidding

THE PHILIPPINE Deposit Insurance Corp. (PDIC) will bid out eight condominium units and eight parking slots located in Madrigal Business Park, Ayala Alabang, Muntinlupa City on Aug. 31. The properties, with a total value of P69.5 million, are under the name of closed Export and Industry Bank. PDIC, in a statement, said it will accept bids only from direct buyers between 9 a.m. to 2 p.m. at the Penthouse of the SSS Building, 6782 Ayala Avenue corner V.A. Rufino St., Makati City. PDIC advised prospective buyers to physically inspect the properties, examine documents, and determine any unpaid taxes, fees, charges and/or expenses before submitting their bids. The properties for bidding are listed on PDIC’s website, www.pdic.gov.ph