Philippines Foreclosed Property News
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OFW remittances continue to boost property development's sales
MANILA - Remittances of Overseas Filipino Workers are expected to reach an all-time high of about P19 billion this year and would continue to be one of the leading growth drivers of real estate property sales in the Philippines, according to Jones ...
Is it still safe to invest in Philippine real estate?
By ANDREW JAMES MASIGAN MANILA, Philippines - The building boom in Metro Manila and key cities across the country has been on full throttle for nearly eight years now. From office buildings to housing projects, hotels to shopping malls, ...
Philippine Property Prices Rising Again!
By Global Property Guide | December 7, 2011 2:14 PM EST House prices in the country are rising again, as buyers become optimistic about the Philippine economy. The average price of luxury 3-bedroom condominiums in Makati CBD rose 7% qoq to PHP 103000 ...
FORECLOSED PROPERTIES: UnionBank Luzon Auction Flyers (No Graphics)
January 18, 2012
10 % deposit payable in 6 months
UnionBank of the Philippines will conduct another half-day Public Auction of real estate properties on 28 January 2012 (Saturday) at 29th Floor UnionBank Plaza, Meralco Avenue corner Onyx Road, Ortigas Center, Pasig City at 9:00 AM.
[More]FORECLOSED PROPERTIES: UnionBank Luzon Auction 28 Jan 2012 (With pictures)
January 16, 2012
10 % deposit payable in 6 months
UnionBank of the Philippines will conduct another half-day Public Auction of real estate properties on 28 January 2012 (Saturday) at 29th Floor UnionBank, Meralco Avenue corner Onyx Road, Ortigas Center, Pasig City at 9:00 AM.
Just bring PhP 20,000 show money (cash or manager's check) to qualify to bid for each property. The sale is on "as is where is" basis.
The properties for bidding consist of residential lots, house and lots, townhouses, condominium units, residential buildings, commercial lots, industrial lots, agricultural lots, commercial space, and industrial / commercial warehouses. These properties are available for sale at reasonable prices.
[More]FORECLOSED PROPERTIES: PNB AUCTIONS IN BAGUIO & DAGUPAN
January 8, 2012
Philippine National Bank (PNB) are holding two auctions of foreclosed properties.
One in Dagupan 7 Feb, and two days later in Baguio on 9 Feb.
[More]FORECLOSED PROPERTIES: UnionBank Unleash A 2012 Salvo
January 3, 2012
UnionBank who are in the forefront of aggressive selling of their repossessed properties in the Philippines have opened 2012 with a bang.
As well as holding regular sales of properties, they have now started the new year with an additional set of moves which should appeal greatly, as can be seen in the poster below.
[More]FORECLOSED PROPERTIES: UnionBank 179th Auction Of Luzon Properties 17 December 2011
December 7, 2011
(With pictures and descriptions)
UnionBank of the Philippines will conduct another half-day Public Auction of real estate properties on 17 December 2011 (Saturday) at 29th Floor UnionBank Plaza, Meralco Avenue...
FORECLOSED PROPERTIES: PNB Auction Naga City 24 November 2011
15 November 2011
[More]
...FORECLOSED PROPERTIES: Manila Auction 18 November 2011
15 November 2011
FORECLOSED PROPERTIES: UnionBank's Auction Of Luzon Properties 19 Nov 2011
4 November 2011
(With images of the properties offered)
UnionBank of the Philippines will conduct another half-day Public Auction of real estate properties on 19 November 2011 (Saturday) at 29th Floor UnionBank Plaza, Meralco Avenue corner Onyx Road, Ortigas Center, Pasig City at 9:00 AM.
Just bring PhP 20,000 show money (cash or manager's check) to qualify to bid for each property.
[More]FORECLOSED PROPERTIES: UnionBank Vis/Min Auction 10 December 2011
1 November 2011
UnionBank of the Philippines will conduct another half-day Public Auction of real estate properties on 10 December 2011 at BACOLOD CITY (Business INN, Lacson Street), CEBU CITY (Cebu Country Club), CAGAYAN DE ORO CITY (The VIP Hotel, Don Apolinar Velez Street) and DAVAO CITY (Tower Inn, E. Quirino Avenue) at 9:00 AM.
Full details and photos of the offerings
[More]SSS List Of Foreclosed Properties As Of 18 October 2011
21 October 2011
The Social Security System (SSS) has offered for sale to members and the general public at affordable terms 305 houses and lots with a combined worth of P198.56 million, a top official said.
They are selling the properties at preferential rates such as five percent downpayment and ten percent discount on selling price for buyers paying in cash.
Interested buyers aged 18 to 60 years can choose from 305 housing properties and residential lots, which are up for sale as part of a state-run housing fair program that would end on September 30, 2012.
Annual interest rates are pegged at six percent for houses and lots worth up to P500,000 and nine percent for properties worth more. Over 60 percent of the properties are in the National Capital Region and Luzon provinces.
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