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Manila Bulletin devider Philippines devider National devider BIR to conduct auction of 20 forfeited real estate properties

BIR to conduct auction of 20 forfeited real estate properties

Published Jan 27, 2021 10:48 am

The Bureau of Internal Revenue (BIR) will conduct on Friday public auction of 20 forfeited real estate properties located in Metro Manila, Bulacan and Batangas.

(MANILA BULLETIN)

The auction venue will be at the covered court of the BIR national office along Agham Road, Diliman, Quezon City starting at 9 a.m.

BIR Commissioner Caesar Dulay said the bidding is open to all Filipinos including the delinquent taxpayer who previously owned the seized property.

They included condominium units, residential, industrial and agricultural lots with land area of up to 6,000 square meters.

The minimum bid price ranges from P1.5 million to P17 million with the winning bidder responsible for  the ejection of the occupants.

Interested parties may visit www.bir.gov.ph for the guidelines on the bidding process, or may call the BIR's forfeited asset management unit at Telephone Number 981-7000, local nos. 7578 and 7496.

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