The ASSET MANAGEMENT COMMITTEE of the Philippine Postal Savings Bank, Inc. is inviting offers of purchase by way of sealed bids in cash and on "AS-IS-WHERE-IS" basis, the following properties

TCT NO/S	LOCATION & IDENTIFICATION OF PROPERTY	LAND DATA		MIN. BID PRICE
-	AREA / PROVINCE	LAND AREA (sqm)	TYPE	PHP
	METRO MANILA AREA
T-50120	No. 737 R. Hidalgo Street corner Palma Street, Quiapo, Manila	385 sqm.	Commercial Building	43,668,000.00
N-208384	No. 234th Avenue, Brgy. Bagong Lipunan, Cubao District Q.C.	105 sqm.	Residential House & Lot	840,000.00
T-41975	AFPOVAI, Fort Bonifacio, Taguig	441 sqm	Vacant Lot Only	3,087,000.00
	PROVINCE OF BULACAN
T-242976-76	Brgy. Caingin, (Provincial Road) San Rafael, Bulacan	2,263 sqm.	House and Lot w/ pool	15,000,000.00
T-204458-59	Brgy. Mabalas-balas, San Rafael, Bulacan	3,776 sqm.	Residential Lot	296,000.00
T-137122-23	Bulihan, Malolos, Bulacan	3,750 sqm.	Apartment Bldg.	4,500,000.00
	TARLAC
T-371400	McArthur Highway, Sto. Domingo, Capas, Tarlac	2,075 sqm.	Residential House & Lot	9,702,000.00
	PAMPANGA
T-122342	Sapang Bato, Angeles City, Pampanga	85,000 sqm	Agricultural Lot	4,250,000.00
T-3638RP	San Nicolas, Masantol, Pampanga	1,813 sqm.	Fishpond	544,000.00
	LAGUNA
T-545581	4th Street, Macaria Village, Pacita Complex I, Biñan, Laguna	140 sqm.	3-story Residential Bldg.	1,919,000.00
T-58516-19	Brgy. Sto. Nino, Sab Pablo City	17, 746 sqm.	Residential Vacant Lot	23,509,000.00
	BATANGAS
TP-3726	Putol, Tuy, Batangas	50,000 sqm	Agricultural Lot	6,000,000.00
	ZAMBALES
T-64322	Brgy. Road, Barrio Tampo, Purok 7, Botolan, Zambales	341sqm.	House & Lot	982,000.00
	RIZAL PROVINCE
T-696385	No.12 National Road, Beverly Hill, Subd., Taytay, Rizal	607 sqm.	House & Lot	3,649,000.00
	CAVITE
T-40766	Lot 9, Brgy. Silang, Junction West, Tagaytay City	10,000 sqm	Residential Vacant Lot	33,000,000.00
	PANGASINAN
T-78894	Bonuan, Gueset, Dagupan City	300 sqm.	Residential Vacant Lot	600,000.00
T-293838	Brgy. Barang, Pangasinan	172 sqm.	Residential Vacant Lot	108,360.00
T-2938	Brgy. Barangge	588 sqm.	House & Lot w/ Warehouse	1,243,400.00
T-34844	Poblacion, Rizal Avenue, San Carlos City, Pangasinan	527 sqm.	Residential House & Lot	2,137,800.00
T-25091	Alos, Alaminos, Pangasinan	3,410 sqm.	Residential Vacant Lot	739,970.00
T-276273	Camambugan, Urbiztondo, Pangasinan	27,104 sqm	Mango Land	1,188,000.00
T-34845	Quintong, San Carlos City, Pangasinan	407 sqm.	Residential House & Lot	1,001,715.00
T-265318	Suaco, Mangatarem, Pangasinan	2,044 sqm.	Residential House & Lot	643,860.00
T-265319	Torre II, Mangantarem, Pangasinan	300 sqm	Residential Vacant Lot	360,000.00
T-265205	Galarin, Urbiztondo, Pangasinan	11,951 sqm	Agricultural Lot	998,000.00
T-265272	Salavante, Urbiztondo, Pangasinan	12,271 sqm	Agricultural Lot	1,795,750.00
T-265204	Poblacion,Mapandan, Pangasinan	8,436 sqm.	Residential House & Lot	8,705,952.00
T-265163	Tuliao, Sta. Barbara, Pangasinan	741 sqm.	Residential Vacant Lot	600,210.00
T-165162	Tuliao, Sta. Barbara, Pangasinan	1,509 sqm.	Agricultural Lot	2,127,600.00
T-257390	Guivel, San Jacinto, Pangasinan	42,595 sqm	Agricultural Lot	1,298,776.00
	MINDORO
T-21329	Lot 26, Brgy. Abra de Ilog, Occidental Mindoro	3,220 sqm	Residential Vacant Lot	630,000.00
	CAGAYAN PROVINCE
T-7982-83	Angang, Tuao, Cagayan Valley	4,497.5 sqm.	Agricultural Lot	397,000.00
T-8030	Maguiling, Piat, Cagayan Valley	1,750 sqm	Agricultural Lot	225,000.00
	QUEZON PROVINCE
T-367813-16	San Andres, Candelaria, Quezon	73,982 sqm	Res. Dev't.l Lot	4,979,000.00
	ALBAY PROVINCE
T-125596	Ziga Avenue corner Policarpio Ruivivar Street, Brgy. Tayhi Poblacion, Tabaco City	483 sqm.	Commercial Bldg.	15,894,000.00
T-130827	Pandan, Ligao, Albay	20,088 sqm	Agricultural Lot	400,000.00
	CEBU CITY
T-156201-02	Lot 5-A Block 6 Ridgedale Subd. Talamban, Cebu City	514 sqm.	Vacant Lot	1,799,000.00
	PALAWAN
T-165024	San Jose, Puerto Princesa, Palawan	1,561 sqm.	Residential Vacant Lot	624,000.00

Submission and opening of bids will be on June 15, 2007 at 10:00 A.M., 2^ndFloor PostalBank Building, Liwasang     Bonifacio, Manila for all items. Bidder’s deposit equivalent to 10% of the minimum price in the form of cash or Manager’s Check together with the duly accomplished purchase proposal form must be enclosed in a sealed envelop. All sealed envelopes will be opened on scheduled bidding date as stated above. All winning bids are subject to approval by the Bank’s approving authority.