SSS to sell property in Bonifacio Global City

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MANILA, Philippines – The Social Security System is looking to sell one of its properties in Bonifacio Global City (BGC) this year.In a press briefing, SSS chief Emilio de Quiros Jr. said the SSS is planning to sell its 8,300-square meter property in BGC through competitive bidding, for a minimum bid price of P269.894 per square meter, or P2.24 billion."This is the most opportune time to sell, while land prices are at peak levels. Also, the ongoing developments in the BGC area created a high demand for land where there’s a short supply of sellers," he said.

Taken from:

http://www.abs-cbnnews.com/business/07/01/13/sss-sell-property-bonifacio-global-city

Reposted by:

Jonas Montemayor
Real Estate Broker
PRC Reg. # 7396

inxs: sent from 0939-922-2710

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