BCDA bidding out 4 assets this year mostly in Taguig

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The Bases Conversion and Development Authority (BCDA) is set to bid out this year four properties.

BCDA executive vice president Aileen Zosa told reporters Wednesday one of these, a 1,000-square-meter land beside Everest Academy in Bonifacio Global City, would be auctioned off for “institutional use.”

She said the BCDA had yet to firm up the estimated value of the property but the bidding for which might be held within the third quarter of this year.

The three other pieces of property are already scheduled for privatization. In a notice posted on its website, the BCDA said it would bid out a 5,005.13-sqm portion of the Nichols Loop driving range in Pasay City on July 30 with a floor price of P89.586 million; the 3,099-sqm Eastgate parking lot in Bonifacio Global City with a floor price of about P122.41 million, on July 32; and the 1,244-sqm Sampaguita East Ramp lot in Fort Bonifacio in Taguig City, on August 1.

Taken from:

http://business.inquirer.net/71737/bcda-bidding-out-4-assets-this-year

Posted by:

Jonas Montemayor
Real Estate Broker
PRC License #: 0007396

Member: Philippine Association of Real Estate Boards – City of Taguig Real Estate Board

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