Monday, May 18, 2026
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PDIC announces property auction

The Philippine Deposit Insurance Corporation (PDIC) said it will auction an inventory of prime corporate and closed bank properties through an electronic public bidding scheduled for April 22 to 23, 2026.

The state deposit insurer is offering the assets on an “as-is, where-is” basis through its digital bidding platform. The disposal initiative includes a diverse range of strategic commercial, industrial, residential, and agricultural properties located across established and emerging growth centers in the Philippines.

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Headline offerings for the two-day window include a vacant commercial lot in Kidapawan City, North Cotabato, and a commercial property with existing improvements in the business district of Kalibo, Aklan. The auction also features an industrial lot with improvements located in General Santos City, South Cotabato.

The broader portfolio consists of 25 agricultural lots, 19 residential lots, and 3 mixed-use residential and agricultural properties. These land holdings range in size from 100 square meters to 10.5 hectares, located in provinces including Aklan, Antique, Bohol, Capiz, Guimaras, Iloilo, Cebu, Negros Oriental, Southern Leyte, North Cotabato, South Cotabato, Agusan del Norte, Agusan del Sur, Surigao City, and Surigao del Sur.

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