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Sale of kidney institute 1.63-ha lot to SM stopped

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The sale of a 1.63-hectare property, part of the 5.5-ha compound of the National Kidney and Transplant Institute (NKTI) in Quezon City, to real property giant SM Development Corp. (SMDC) has been stopped after the hospital management reached an agreement with the National Housing Authority (NHA) to resume negotiations for the property.

Officials of the NKTI and  NHA confirmed that the P783-million deal with SMDC was scuttled following a meeting with representatives of the Department of Finance, the Department of Budget and Management (DBM) and the National Economic Development Authority last month.

No one from SMDC or the Quezon City government, which is pushing for the multibillion-peso development of its new business district, was in the meeting.

“The sale is stopped. The land is within NKTI’s jurisdiction and our operations are unhampered. As to the exact details of the agreement I cannot yet tell you,” said Jose Dante Dator, NKTI deputy executive director for medical services.

He said the case remained sensitive, and until all the technical and legal paper work was threshed out, he could not divulge the details of the agreement.

An NHA official, who asked not to be named for not having clearance to speak on the subject, said the DBM “basically agreed to shoulder NKTI’s purchase of the property,” but the deal was still being worked out. The official said the meeting took place before the Christmas break.

Two parcels

The land dispute involves two parcels, one comprising 8,402 square meters and the other 7,932 sq. m., inside the NKTI compound on East Avenue and Elliptical Road fronting the Quezon Memorial Circle.

Over the past 28 years, the NKTI has been negotiating with the NHA to get the title for the entire lot spanning 55,599 sq. m. or 5.56 ha.

The NHA was asking the NKTI to pay the market value of about P45,000-P50,000 per square  meter, but the latter argued it did not have the means to do so. NKTI proposed instead to pay in terms of medical services to NHA workers.

SMDC: No problem

 

But the hospital management cried foul after it found out that the NHA had bid out the property, which SMDC won.

In a statement, SMDC said: “No problem with us! The background is, some months back, there was an ad in the papers for bidding of the property and, like the real estate developers, we participated and won.”

The NHA official said the housing agency and the NKTI were trying to work out a “win-win” solution.

“The NHA wants to be paid for the land, while the NKTI wants to obtain ownership of the land. So with this deal, both agencies get what they want,” the official said. With a report from Doris Dumlao


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Tags: Business , national kidney and transplant institute , Real Property , smdc

  • Pwe Jade

    QC Hall cuddling a criminal by the name of Carmelita Pujeda of Tierra Pura, QC.

    She would fake documents, forge papers to make appear that she is doing a legit business.  She operates PTS – towing company in STAR TOLLWAYS in Batangas.  She owns PUJEDA BUILDERS – construction/renovation group in Diliman, Project 8, Tandang SOra QC.

    She will grab and rob you of your hard-earned money and tell you that she is well connected in QC Hall Mayor’s office, BIR, LRA and all the other corrupt offices of the City Hall.

    The small victims?  sulk in the corner, pray that hell befall on them.

    DOn’t be a victim.  If you know these, people better expose them.  They are out in the open.  Or better warn your real estate agents, home-buying friends to never deal with this evil woman.  Her accomplice – Christine P. Perez, another evil acting her agent/secretary

  • TulisangDagat

    dati po eh hindi uso ang baha diyan kapag umuulan kapag natuloy ang bentahan eh simula na ng malaking argumento……

  • rodben

    This is the product of the MOST STUPID PRIVATIZATION LAW OF RAMOS AND CORY ADMINISTRATION THE PRO-ELITE AND ANTI-POOR GOV’T OF THE FOR PHILIPPINES..

  • rodben

    The gov’t of 70′s are constructing many Public Hospital for the benefit of  Pinoy Masses but these time the gov’t are selling Public Hospitals to the private businessmen..Tsk..Tsk..Tsk.. WHERE THE BIG MONEY FROM THE TAX PAYERS AND THE HUGE MONEY BORROWED BY THE GOV’T GO?..

  • akoombulator

    ano naman gagawin ng sm sa lupain?

    • popeyee

      ano ba sa palagay mo ang gagawin ng SM sa lupa, tataniman ng kamote?

  • http://pulse.yahoo.com/_4R3GZTGML26TV2VGS6RVHP2THM Fred

    Kung matuloy man ang bentahan, sana mapunta ang proceeds sa pagbili ng latest hospital equipment, and construction of low-cost housing for the urban poor!
    Wag na sanang eepal dito ang mga kandidato!



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