PDIC to auction off 68 Luzon properties in September

THE Philippine Deposit Insurance Corp. (PDIC) announced it is set to offer for sale 68 properties in Luzon, including three commercial properties, through electronic public bidding, with bid submissions accepted from 9:00 am on September 16, 2026, until 1:00 p.m. on September 17, 2026, and the opening of bids set at 2:00 p.m. on the September 17, 2026.

According to PDIC, the three prime commercial assets are located in Malolos City, Bulacan; Calamba City, Laguna; and Alaminos City, Pangasinan. The property in Malolos City provides access to the city’s commercial and urban centers. On the other hand, the Calamba City property is located along Mayapa-Canlubang Road, a corridor connecting industrial areas such as the Silangan Industrial Park.

Finally, the property in Alaminos City, which is situated along Olongapo-Bugallon Road, provides access to the national highway and connectivity to business hubs in Pangasinan.

The e-bidding will also offer 65 other assets, comprising 34 properties classified as agricultural, 22 properties classified as residential, and 9 properties classified as mixed residential/agricultural. With lot areas ranging from 189 square meters to 3.9 hectares, these properties offer options for individual buyers, developers, agribusiness investors, and commercial enterprises alike. These properties are located in Albay, Aurora, Bataan, Batangas, Benguet, Bulacan, Ilocos Norte, Isabela, Laguna, La Union, Palawan, Pangasinan, Rizal, Tarlac, and Zambales.

Properties are sold on an as-is-where-is basis and as such, bidders are encouraged to perform comprehensive due diligence covering property condition, status, and ownership prior to submitting bids read the statement the PDIC issued last Friday.

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