HQP-AAF-075

NCR-Acquired Assets Management Group

7th Floor JELP Business Solutions Center
409 Shaw Blvd. Brgy. Addition Hills, Mandaluyong City

INVITATION TO SUBMIT PROJECT PROPOSALS

September 16, 2022

The Pag-IBIG Fund hereby invites interested project proponents to submit proposals for the disposal of
acquired assets under the following projects as described below:

No. of Total Appraisal

Project Name Address Account Value
AREZZO PLACE PHASE 1 (BLDG. PINAGBUHATAN, PASIG CITY, NCR,
2,5,8,9,14,17,19) SECOND DISTRICT 12 29,187,100.00
BELMONT PARC VILLAGE CAY POMBO, SANTA MARIA, BULACAN 28 19,926,053.20
CARISSA HOMES TANZA-BAGTAS BAGTAS, TANZA, CAVITE 22 7,421,861.44
CASA AMAYA/SOUTH AMAYA I, TANZA, CAVITE 24 27,394,490.00
PASONG KAWAYAN II, GENERAL TRIAS,
CASTILLON HOMES CAVITE 22 9,894,000.00
CELESTINE HOMES MARINIG, CABUYAO, LAGUNA 11 7,014,600.00
CONCHU (LAGUNDIAN), TRECE MARTIRES
CIUDAD ADELINA CITY, CAVITE 13 8,520,460.80
SABANG, NAIC/TIMALAN
BALSAHAN/TIMALAN CONCEPCION,
CIUDAD NUEVO CAVITE 75 33,723,378.60
DECA HOMES LOMA DE GATO, MARILAO, BULACAN 99 76,080,385.00
SAN ISIDRO, RODRIGUEZ (MONTALBAN),
EAST BELLEVUE RESIDENCES RIZAL 21 12,017,800.00
BAGBAG, QUEZON CITY, NCR, SECOND
EL PUEBLO I/CONDO PH 1,2,3,4 DISTRICT 16 20,519,000.00
EXTRA ORDINARY HOMES/EXECUTIVE SERIES MAMATID, CABUYAO, LAGUNA 66 23,917,108.00
MARULAS, VALENZUELA CITY, NCR,
FINI HOMES THIRD DISTRICT 18 50,722,500.00
BARANGAY 172, KALOOKAN CITY, NCR,
FORTUNE STAR CITY CONDOMINIUM THIRD DISTRICT 5 4,795,000.00
SAN ISIDRO, PARAÑAQUE CITY, NCR,
FOUNTAIN BREEZE CONDOMINIUM FOURTH DISTRICT 11 21,569,200.00
PASONG KAWAYAN I, GENERAL TRIAS,
GENTREE VILLAS CAVITE 21 22,138,000.00
GEORGETOWN RESIDENCES/PHASE 1 MALINTA, VALENZUELA CITY, NCR, THIRD
(BUILDING B) DISTRICT 21 19,032,000.00
GOLDEN CITY STA ROSA/2E/3E (MABUHAY
HOMES 2000) DILA, SANTA ROSA CITY, LAGUNA 28 29,549,400.00
PEREZ (LUCBANAN), TRECE MARTIRES
GOLDEN HORIZON COURTYARDS/VILLAS CITY, CAVITE 16 16,929,700.00
GREEN ESTATE MALAGASANG I-F/I-G, IMUS, CAVITE 15 13,392,136.00
GREENGATE HOMES/PH 2 MALAGASANG II-A, IMUS, CAVITE 18 14,432,472.00
BURGOS, RODRIGUEZ (MONTALBAN),
H DELA COSTA HOMES V RIZAL 14 5,514,732.00
MUZON, SAN JOSE DEL MONTE CITY,
HARMONY HILLS 1 SUBDIVISION BULACAN 12 7,951,600.00

*subject for adjustment on number of accounts and inventory value

(December 2012)
 HARMONY HILLS 2 SUBDIVISION LOMA DE GATO, MARILAO, BULACAN 57 28,850,422.80
HILLSVIEW ROYALE TIMALAN BALSAHAN, NAIC, CAVITE 98 47,991,821.00
BARANGAY 393, QUIAPO, NCR, CITY OF
ISABELLE DE HIDALGO CONDOMINIUM MANILA, FIRST DISTRICT 12 46,498,800.00
MOONWALK, PARAÑAQUE CITY, NCR,
ISABELLE GARDEN VILLAS/CLUSTER I FOURTH DISTRICT 10 19,175,100.00
PEREZ (LUCBANAN), TRECE MARTIRES
KARLAVILLE PARKHOMES CITY, CAVITE 12 7,283,900.00
BARANGAY 177, KALOOKAN CITY, NCR,
KASSEL RESIDENCE CONDOMINIUM THIRD DISTRICT 16 22,352,900.00
KASSEL RESIDENCES - PARANAQUE (BLDG MOONWALK, PARAÑAQUE CITY, NCR,
4,5,6 AND 7) FOURTH DISTRICT 18 38,114,900.00
LA PAZ HOMES II CABEZAS, TRECE MARTIRES CITY, CAVITE 117 77,561,608.30
MUZON, SAN JOSE DEL MONTE CITY,
LA POBLACION BULACAN 10 5,803,115.00
LAKESIDE NEST SUBD PH1,2,3 BANAYBANAY, CABUYAO, LAGUNA 142 85,014,021.00
LAS PALMAS SUBDIVISION CAY POMBO, SANTA MARIA, BULACAN 71 54,842,145.36
LUMINA TANZA BAGTAS, TANZA, CAVITE 12 6,710,171.00
MABUHAY CITY CABUYAO/LUXURY
SERIES/EXTENSION/VALUE HOMES MAMATID, CABUYAO, LAGUNA 428 188,104,141.20
MABUHAY CITY-PALIPARAN/PH2E PALIPARAN III, DASMARIÑAS, CAVITE 17 9,700,500.00
MABUHAY HOMES 2000/
DARANGAN/PANTOK KALAWAAN, BINANGONAN, RIZAL 39 14,916,288.00
MAHOGANY VILLAS LOOC, CALAMBA CITY, LAGUNA 15 12,389,424.00
MEDALVA HILLS SUBD/VILLAGE/PH II SAN ISIDRO, ANGONO, RIZAL 9 14,708,300.00
SAN JOSE, RODRIGUEZ (MONTALBAN),
METRO MANILA HILLS RIZAL 11 8,279,000.00
MOUNTAINVILLE ESTATE TATALA, BINANGONAN, RIZAL 16 10,418,900.00
SANTA TERESITA, SANTO TOMAS,
PRIMERAROSA RESIDENCES BATANGAS 12 7,886,850.00
KALIGAYAHAN NOVALICHES, QUEZON
SAN BENISSA GARDEN VILLAS CITY, NCR, SECOND DISTRICT 39 59,306,900.00
CONCHU (LAGUNDIAN), TRECE MARTIRES
SATELLITEVILLE-TRECE (SATELLITE) CITY, CAVITE 19 9,663,580.00
KALIGAYAHAN, QUEZON CITY, NCR,
SMILE CITI HOMES 1/CONDO ANNEX SECOND DISTRICT 43 23,088,743.00
SOUTH FAIRWAY HOMES/CLASSIC LANDAYAN, SAN PEDRO, LAGUNA 52 36,700,000.00
SAUYO BAGBAG, QUEZON CITY, NCR,
SPAZIO BERNARDO WEST VILLAS SECOND DISTRICT 12 16,776,900.00
SPRINGTOWN NORTHGATE 2 SUBDIVISION BUCAL, TANZA, CAVITE 38 39,008,220.00
ST JOSEPH VILLAGE 7/PH 2 MARINIG, CABUYAO, LAGUNA 27 16,366,309.76
SUNRISE PLACE TRES CRUSES, TANZA, CAVITE 17 6,785,700.00
THE ISTANA TANZA SUBDIVISION AMAYA II/BIGA, TANZA, CAVITE 24 30,102,864.00
URBAN DECA HOMES HAMPTON (BUILDING
1 TO 22) BUHAY NA TUBIG, IMUS, CAVITE 12 20,797,300.00
BIGNAY, VALENZUELA CITY, NCR, THIRD
VALENZUELA VILLE DISTRICT 32 24,205,190.50
VILLA APOLONIA IBAYO SILANGAN, NAIC, CAVITE 48 21,548,005.70
DE OCAMPO, TRECE MARTIRES CITY,
WEST PLAINS SUBDIVISION/TOWNHOMES CAVITE 9 5,576,372.65
WINTER BREEZE HOMES/PH1/PH2 ALINGARO, GENERAL TRIAS, CAVITE 25 15,031,718.00

Grand Total 2,107 1,513,203,045.31

*subject for adjustment on number of accounts and inventory value

(December 2012)
 GENERAL GUIDELINES

1. The project is open to any of the following who intend to enter into an agreement with the Pag-IBIG Fund for the
rehabilitation/improvement and sale of the Pag-IBIG Fund’s acquired assets:

a. Developers
b. Contractors
c. Employers
d. Local Government Units
e. Individuals

2. To qualify, the project proponent must meet the following criteria:

a. Has legal personality to enter into contract;
b. No pending Cease and Desist Order (if applicable);
c. Compliant with the nationality and ownership requirements under the Constitution and other applicable laws
and issuances;
d. Has sufficient funding to finance the improvements of the Real and Other Properties Acquired (ROPA) for two
cycles (quarterly) of scheduled deliveries, as evidenced by any of the following:
 Cash Deposits
 Bank Guaranty/Stand-by Letter of Credit
 Bank Credit Line
 Agreement with Suppliers and/or Contractors

3. Interested project proponents may secure the Checklist of Requirements from Marketing and Sales Department
located at 7th Floor JELP Business Solutions Center 409 Shaw Blvd. Brgy. Addition Hills, Mandaluyong City
or download at www.pagibigfund.gov.ph..

4. Complete eligibility requirements and technical and financial proposals shall be submitted on or before 4:00 PM
of October 17, 2022.

5. All interested project proponents are encouraged to inspect the said properties before submitting their proposals.

6. Please expect to receive phone/cellphone calls and notices relative to the approval/disapproval of proposals. The
results will also be posted at the Pag-IBIG Fund Official Website at www.pagibigfund.gov.ph.

7. The winning project proponent shall enter into a Memorandum of Agreement (MOA) with Pag-IBIG Fund providing
the terms and conditions of the rehabilitation/improvement and sale of Pag-IBIG Fund’s acquired assets based on
the Fund’s existing policies and guidelines.

8. For inquiries, interested parties may visit our office or coordinate with Ms. Rhodora D. Atil, Ms. Jodee Montealegre,
Ms. Paula Bianca Abordo, Mr. Alvin Ambrocio or Ms. Lovely Justine D. Abelilla of the Marketing and Sales
Department at telephone no/s (02) 8654-1398 or (02) 8654-9244. You may also email your concerns at
[email protected].

THE Pag-IBIG FUND RESERVES THE RIGHT TO REJECT ANY OR ALL OFFERS FOR MEMORANDUM OF
AGREEMENT WITH PROJECT PROPONENT (MOAPP), TO WAIVE ANY DEFECT OR INFIRMITY IN THE
SUBMITTED OFFER TO PURCHASE, AND TO ACCEPT SUCH OFFERS AS MAY BE ADVANTAGEOUS TO THE
FUND.

(Sgd.) ARLENE R. REYES

Chairperson, Committee on Disposition
of Acquired Assets

*subject for adjustment on number of accounts and inventory value

(December 2012)
 HQP-AAF-077

CHECKLIST OF REQUIREMENTS
FOR ELIGIBILITY

I. From Project Proponent

Letter of Intent (LOI)

Pag-IBIG Fund Receipt (PFR) (representing payment of latest membership contribution)
Company Profile
Registration Papers
For Corporations/Partnerships:
Articles of Incorporation/Articles of Co-Partnership
By-laws
Securities and Exchange Commission (SEC) Registration
For Sole Proprietorship:
Department of Trade and Industry (DTI) Registration
Mayor’s Permit
Contractor’s License, if applicable
Resume of Key Officers/Directors/Elected Officials (Housing Board)
Resume of Key Technical Staff
Notarized Secretary’s Certificate of a Board Resolution
Latest Audited Financial Statements of one (1) year stamped received by the Bureau of
Internal Revenue (BIR)
Letter of Authorization for Pag-IBIG Fund to Conduct Verification/Investigation to the following:
Bank
Supplier
Bureau of Internal Revenue (BIR)
SEC/DTI
Housing and Land Use Regulatory Board (HLURB)
Affidavit that no Cease and Desist Order has been issued by HLURB

NOTE: Pag-IBIG Fund reserves the right to request for additional documents to facilitate the evaluation
process.

(December 2012)
 CHECKLIST OF REQUIREMENTS
FOR TECHNICAL AND FINANCIAL PROPOSALS

I. TECHNICAL REQUIREMENTS

Rehabilitation Plans
a. Land Development
• Scope of development
• Specifications
• Bill of Materials & Cost Estimates
• Color coded Site Development Plan
b. Building Construction
• Scope of Improvement
• Specifications
• Bill of Materials & Cost Estimates
• Building Plan

Construction/Work Schedule
• Gantt Chart / Timetable to complete (per batch)
o repair / improvement of units
o land development servicing the accounts

NOTE: Units must be properly identified per batch.

Marketing Plan
• Marketing or Sales Structure and Strategy
• List of Accredited Brokers

Delivery Schedule
• List of Accounts with Delivery Dates

II. FINANCIAL REQUIREMENTS

Proof of sufficient funding to finance the improvements on the units sufficient for two (2) cycles
of rehabilitation/improvement) as evidenced by any of the following:

Cash Deposits

Bank Guaranty/Stand-by Letter of Credit

Bank Credit Line

Agreement with Suppliers and/or Contractors

NOTE: Pag-IBIG Fund reserves the right to request for additional documents to facilitate loan evaluation process.

(December 2012)
 HQP-AAF-078
(MOAPP)

LETTER OF INTENT
__________________
Date

Dear Sir/Madam:

Relative to the projects for agreement with project proponents offered by

Pag-IBIG Fund, I/We would like to express our intention to rehabilitate and sell the
Pag-IBIG Fund’s acquired assets located in the following subdivision/s:

Name of Project Location of Property

Attached is our eligibility requirements and technical and financial proposals.

For your consideration. Thank you.

Very truly yours,

____________________________
Project Proponent’s Representative’s
Signature Over Printed Name

--------------------------------------------------------------------------
THIS PORTION IS FOR Pag-IBIG FUND USE ONLY
ACQUIRED ASSET MANAGEMENT/SECTION
Project still open for acceptance of proposal? Yes No VERIFIED BY DATE

No Record of Blacklisting of Project Proponent/Key

Yes No
Officers from any Pag-IBIG Fund Lending Programs?
Has existing project with the Fund? Yes No
If Has existing project, at least 50% of ROPA in the REMARKS
Yes No
inventory has been sold?
APPROVED BY DATE DISAPPROVED BY DATE

(December 2012)