Sterling Bank foreclosed properties for negotiated sale as of December 20, 2011

Just recently received this list of Sterling Bank foreclosed properties that are for negotiated sale from Resnel Laquindanum of the Acquired Assets Management Department of Sterling Bank of Asia. As usual, these are offered on an “As is where is” basis.

If you will notice, the properties included in this list are the same six properties that were offered for sale through sealed bidding Last December 1, 2011.

This time around however, these properties are now for negotiated sale. Yes, prices are now negotiable.

Please see below the complete list, how to get additional info, and official bid form.

Sterling Bank of Asia foreclosed properties for negotiated sale as of December 20, 2011

	Property Type	Location	Landmarks	Lot Area	Total Floor Area	Minimum Price / Floor Price
1	Residential Lot w/ 2-storey Improvement	421 Orbit St., cor. Atlas St., Aero Park Subd., Better Living, Parañaque City	5 minutes away from SM Bicutan and Bicutan Interchange, 10 minutes to the Airport	1,046 sqm	452 sqm.	PhP11,700,000
2	Residential Lot w/ 2-storey Improvement	#40 Gng. Regina Lirag St., BF Homes Phase 1, Pque. City	Near entrance of BF Homes atPresidents Ave., Starbucks BFPresidents Ave.	280 sqm	266 sqm	PhP8,700,000
3	Residential Lot w/ 2-storey Improvement	Blk 5 Lot 16 Champaca St., El Vinda Subd., Brgy. San Vicente, San Pedro, Laguna	10 minutes away from San Pedro Municipal Hall andDivine MercyHospital	318 sqm	382 sqm	PhP6,400,000
4	Residential Lot w/ 2-storey Improvement	Block 2 Lot 13 St. Francis Homes I, Brgy.San Francisco, Biñan, Laguna	5 minutes away from Southwoods exit at SLEX	232 sqm	320 sqm	PhP5,000,000
5	Private Resort w/ 1 Swimming Pool, a Function Room & 2 Bedrooms	Lots 5-A & 5-B Road Lot 2 Baltao Subd., Brgy. Sta. Cruz, Antipolo City, Rizal	A 10 minutes walk from the famous Hinulugang Taktak Falls, less than a KM from the Antipolo Church	442 sqm	278 sqm	PhP4,230,000
6	Residential Lot w/ 1-storey Improvement	Blk 4 Lot 20 Mars St., Harmony Homes Subd., Brgy. San Vicente, San Pedro, Laguna	Near Our Lady of Assumption School, Mater Ecclesia School and Adelina Complex	150 sqm	120 sqm	PhP2,300,000

Visits to the properties, photocopies of the ownership documents, pictures and vicinity maps can be coordinated with the personnel of Acquired Assets Management Department, specifically Resnel (0917-878-65-40 or 0922-851-80-70) or Monching (0917-594-4910 or 0949-619-1643 or 0922-840-2785 or 02-217-6780). They may also be reached through acquired.assets@sterlingbankasia.com.
The Bank is presently consolidating the assets’ documents of ownership to its name.
Click here to download the official bid form