PRIME PROPERTIES FOR BIDDING ______

(1) Along (Parañaque City) . IRC Mapalad Property . 4,038 sq.m. . Minimum bid price : P278,622,000.00 ______

(2) Near The Mansion ( City) . Hans Menzi Compound Property . 3,875.57 sq.m. . Minimum bid price : P37,245,850.00 ______

Availability of Bid Documents: 19 March to 04 April 2012, IRC Building, 82 EDSA, Mandaluyong City

Date of Sealed Public Bidding: 24 April 2012 Bidding Time: 10:00 a.m. for Hans Menzi Compound and 2:00 p.m. for Mapalad Property

For particulars, call Ms. Alma M. Provido at tel. nos. 9079127 or 7256958

www.pcgg.gov.ph

PCGG BIDS AND AWARDS COMMITTEE

PROPERTY DESCRIPTION ANNEX "A"

IRC MAPALAD PROPERTY

PROPERTY LOCATION

The property consists of four (4) contiguous parcels of land located on the eastern side of Roxas Boulevard and along the northern side of Librada Avelino Street, within Barangay Baclaran, Parañaque City.

The site is about 400 meters from NAIA Road; about 1.5 kilometers south from EDSA; about one kilometer from the Ninoy Aquino International Airport (NAIA); and approximately two kilometers from the SM Mall of Asia (MOA).

LAND DATA

The property herein identified as the IRC Mapalad Property contains an aggregate area of 4,038 square meters, more or less, technically identified as follows:

Lot No. TCT No. Area (sq.m.)

1-A, Plan (LRC) Psd-727 010-2011001197 403 1-B, Plan (LRC) Psd-727 010-2011001200 714 46-B, Plan (LRC) Psd-726 010-2011001198 378 46-A, Plan (LRC) Psd-726 010-2011001199 2,543 4,038 sq.m.

The above Transfer Certificates of Title (TCT) were issued by the Registry of Deeds for Parañaque City in favor of Mapalad Realty Corporation on 25 March 2011.

The land has an irregular shape, with frontages of 33.73 meters on Roxas Boulevard and 22.63 meters along Librada Avelino Street. The property has a flat terrain, with an elevation at grade with the fronting roads.

PROPERTY DESCRIPTION – Annex “A” Page 2 of 18

IMPROVEMENTS

There is a dilapidated building of concrete and timber framing that has no economic value standing on the land.

COMMUNITY FACILITIES AND UTILITIES

Electric power, water supply and telecommunication facilities are available at the site. Public transportation is available along Roxas Boulevard where the property fronts.

Street lights, garbage collection, foot and mobile patrols of the Philippine National Police force, and other community facilities and utilities are maintained by the City Government and the Metro Development Authority (MMDA).

The SM Mall of Asia, Uniwide Sales Coastal Mall and Baclaran serve as the commercial and shopping centers of the area. Community centers like the post office, public market, churches/chapels, hospitals/clinics and private and public schools are accessible from the property by public transportation.

HIGHEST AND BEST USE

The property is located in an area where land development is of mixed residential and commercial usage. A commercial/residential utility (particularly a high-rise condominium development) would represent the highest and best use of the property.

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VICINITY MAP

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LOT PLAN

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PHOTOGRAPHS

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VICINITY MAP

MAPALAD PROPERTY PRIME PROPERTIES FOR BIDDING ______

(1) Along Roxas Boulevard (Parañaque City) . IRC Mapalad Property . 4,038 sq.m. . Minimum bid price : P278,622,000.00 ______

(2) Near The Mansion (Baguio City) . Hans Menzi Compound Property . 3,875.57 sq.m. . Minimum bid price : P37,245,850.00 ______

Availability of Bid Documents: 19 March to 04 April 2012, IRC Building, 82 EDSA, Mandaluyong City

Date of Sealed Public Bidding: 24 April 2012 Bidding Time: 10:00 a.m. for Hans Menzi Compound and 2:00 p.m. for Mapalad Property

For particulars, call Ms. Alma M. Provido at tel. nos. 9079127 or 7256958

www.pcgg.gov.ph

PCGG BIDS AND AWARDS COMMITTEE PROPERTY DESCRIPTION ANNEX "A"

HANS MENZI COMPOUND

Property Location

The Hans Menzi Compound is located on the northwest side of Outlook Drive (North), within Barangay Gibraltar, Baguio City.

Outlook Drive (North) is concrete-paved with asphalt overlay, approximately ten (10) meters wide, and provided with concrete curbs and gutters and an underground drainage system.

It is approximately 620 meters northeast from the main gate of the Mansion House, 750 meters southwest from Mines View Park, one (1) kilometer southeast from Wright Park, and about 2.6 kilometers southeast from the city proper.

The property is located in an area where land development is generally residential.

PROPERTY DESCRIPTION – Annex “A” Page 2 of 10

Land Data

The property contains an area of 3,875.57 sq.m., more or less. It is covered by Transfer Certificate of Title No. T-35742 issued in favor of Mid-Pasig Land Development Corporation on 17 October 1983 by the Registry of Deeds for Baguio City.

The land has an irregular shape with a frontage of 40 meters on Outlook Drive (North). It has a combination of flat and sloping terrain. Its average elevation is approximately six (6) meters above the existing grade of the fronting road.

Improvements

Residential Building: This is a one-storey concrete-framed building, of corrugated galvanized iron sheet roofing on timber trusses; cement plastered concrete hollow block walls; plywood with acoustic and plain wood ceiling; ceramic tiles, vinyl tiles and wood parquet on concrete slab floor; glass on aluminum frame and glass jalousie windows; and plywood flush doors.

PROPERTY DESCRIPTION – Annex “A” Page 3 of 10

Fence and Gate, Walkways and Driveways: The fence consists of cyclone wire on galvanized iron pipe framing fence and the gate made of steel plate; the walkways and driveways are concrete-paved and grouted.

Community Facilities and Utilities

Electric power, water supply and telecommunication facilities are available at the site. Community centers like the post office, public market, churches/chapels, hospitals/clinics and private and public schools are accessible by public transportation. Street lights, garbage collection, and other community facilities and utilities are maintained by the city government.

Highest and Best Use

The property is located in an area where land development is generally for residential purposes.

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PLAT PLAN

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VICINITY MAP

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PHOTOS