BCDA bidding out small lots

State-run Bases Conversion and Development Authority (BCDA) is bidding out seven so-called “small value properties” along C-5 Road and in the Fort Bonifacio area in line with the agency’s asset privatization program.

In a notice, the BCDA said it was bidding out two lots in Fort Bonifacio—the 165-sqm Kalayaan Villa which is being offered for a minimum bid price of P4.95 million and the 225-sqm Summit Housing, which is expected to fetch bids of at least P5.062 million.

Also up for sale are lots located at the East of C-5 Road in Taguig City: the 96-sqm Lot 12515-E, which has a price tag of P1.78 million; 262-sqm Lot 3 (P4.85 million); 438-sqm Lots 2A and 2B (P8.103 million); 976-sqm Lot 1250-B (P18.056 million), and 4,040-sqm Lots 2 and 25-E-3 (for P72.6 million).

According to the BCDA, these lots are being offered on an “as-is, where-is” basis. The properties listed are being sold separately, which means interested parties may opt to bid for any or all of the lots being offered.

Interested bidders have until Feb. 11 to purchase the bidding terms of reference for a nonrefundable fee of P10,000.

A pre-bid conference will be held on Jan. 23 to allow interested parties to thresh out any concerns or issues regarding the bidding.

For this year, the BCDA is expected to also bid out for long term lease and development portions of the 9,450-hectare Clark Green City in Pampanga, which is envisioned to become the “international business hub of the Southeast Asian Region.” The first phase will see the development of 1,300 hectares.