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Republic of the Phil. Vs. Intermediate Appellate Court, et al.

REPUBLIC OF THE PHILIPPINES (Ministry of Education and Culture), petitioner, vs. INTERMEDIATE APPELLATE COURT and AMEREX ELECTRONICS, PHILS. CORPORATION, respondents.

G.R. No. 71176 | 1990-05-21

D E C I S I O N


FERNAN, C.J.:

The government, in the exercise of its power of eminent domain, expropriated property owned by Amerex Electronics, Phils. Corporation. The amount of just compensation for such property is now the subject of this petition for review on certiorari.

The property involved consists of four (4) parcels of land with a total area of 9,650 square meters located at No. 2090 Dr. Manuel L. Carreon Street, Manila, a short walking distance from Herran (now Pedro Gil) Street. Its previous owner, Avegon, Inc., offered it for sale to the City School Board of Manila on July 21, 1973 at P2,300,000. The school board was...