ABOT-KAYA PABAHAY FUND DEVELOPMENT LOAN PROGRAM Acquired Assets
The SOCIAL HOUSING FINANCE CORPORATION (SHFC) is offering for sale in bulk by way of cash, installment, counter offers or proposals the following properties:
PROJECT NAME/ LOCATION
TOTAL AREAS (Sq.M)
Malino Subdivision Sitio, San Fernando, Pampanga
Villa Victoria Subdiviion Barrio Bulo, Victoria, Tarlac
ABOT KAYA PABAHAY FUND-DLP > Acquired Assets
* TCTs include saleable and non-saleable lots
1. All properties enumerated above are with improvements, which may consist of housing units, roads, drainage, power, water, etc. and shall be sold on an "AS-IS, WHERE-IS" basis. Interested parties are enjoined to inspect the property and /or documents before submitting their proposals.
2. Documents can be secured from the office of the BAC Secretariat located at the 2nd Floor BDO Plaza, 8737 Paseo de Roxas, Makati City upon payment of a non-refundable fee of P1,000.00 per project.
3. Interested parties may offer to buy the property in cash or installment term. Only cash purchase shall be entitled to discounts.
4. Terms of Payment: -10% spot cash - 6%, if paid in full within 30 days from SHFC President's Notice of Approval - 4%, if paid in full within 60 days from SHFC President's Notice of Approval - 2%, if paid in full within 90 days from SHFC President's Notice of Approval
Provided that a 5% minimum downpayment is made within five (5) days from SHFC President's Notice of Approval
4.2 For INSTALLMENT SALE (discounts are not applicable): - 20% minimum downpayment - Balance payable in equal monthly installments over a maximum term of five (5) years at nine (9%) interest per annum
5. All proposals shall be placed in a sealed envelope and be dropped in the designated box located at the 2nd Floor, Banco De Oro Plaza, 8737 Paseo de Roxas Avenue, Makati City.
6 The award of the sale covering the property shall be based on the offer determined to be most advantageous to the Corporation.
For inquiries, please call the BAC Secretariat at Telephone Nos. (02) 7506337 locals 212 and 211 or visit the BAC Secretariat office at 2nd Floor, Banco De Oro Plaza, 8737 Paseo de Roxas Avenue, Makati City.
THE CORPORATION RESERVES THE RIGHT TO ACCEPT OR REJECT ANY OR ALL PROPOSALS AND TO WAIVE ANY DEFECTS OR INFIRMITY IN THE OFFERS