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SSS names lot bidders

By Jennifer Ambanta | Aug. 03, 2013 at 12:01am
The Social Security System has named the six bidders for the P2.24-billion property in Bonifacio Global City in Taguig.

SSS senior vice president Jose Bautista, chairman of the SSS acquired assets disposal committee, said six companies joined the pre-bidding conference including Ayala

Land Inc., KeyLand Corp., Robinsons Land, Santiago and Santiago Law Office, Jones Lang LaSalle and Clark Quay Holdings Inc.

The SSS opened the public bidding to both local and foreign investors to unlock the best value for Block 56, the SSS-owned property in BGC consisting of four lots covering 8,300 square meters. It is located along McKinley Parkway between 10th and 11th avenues near SM Aura.

“We want to be as transparent as possible in the sale of this property and at the same time get the best value for it,” Bautista said.

Bidders have until Aug. 15, 2013 to complete their eligibility documents. The submission and opening of cash bids are set on Sept. 4, 2013.
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