RR 8 - MAKATI
RDO No. 48 - West Makati
Revision
11-2010
Effectivity Dates
From
To
6th
4-Aug-10
Present
62-97
5th
13-Jan-98
3-Aug-10
94-96
4th
24-Dec-96
12-Jan-98
142-95
3rd
15-Dec-95
23-Dec-96
135-91
2nd
31-Jul-92
14-Dec-95
19-90
1st
25-Apr-90
30-Jul-92
51-87
Initial
9-Jun-87
24-Apr-90
NOTICE
See Details on
Sheet 7 (DO 11-2010)
Sheet 6 (DO 62-97)
Sheet 5 (DO 94-96)
Sheet 4 (DO 142-95)
Sheet 3 (DO 135-91)
Sheet 2 (DO 19-90)
Sheet 1 (DO 51-87)
DEPARTMENT OF FINANCE
Roxas Boulevard Corner Pablo Ocampo, Sr. Street
MANILA 1004
SUBJECT
TO
Section 6(E) of Republic Act No. 8424, otherwise known as the "Tax Reform Act of 1997",
authorizes the Commissioner of Internal Revenue to divide the Philippines into different zones or areas and
determine for internal revenue tax purposes, the fair market value of the real properties located in each zone
upon consultation with competent appraisers both from private and public sectors.
By virtue of said authority, the Commissioner of Internal Revenue has determined the zonal values
of real properties in the City of Makati (6th revision) within the jurisdiction of Revenue District Office No. 48-West
Makati, Revenue Region No. 08-Makati City after public hearing was conducted on September 18, 2008. This
Order is issued to implement the revised zonal values of real properties for the purposes for computing any internal
revenue tax due on sale/transfer or any other disposition of real properties.
The zonal values established herein shall apply provided the same is higher than 91) the fair market
value as shown in the schedule of values of the provincial or city assessor and (2) the gross sselling price/
consideration as shown in the duly notarized document of sale or transfer of real property.
This order shall take effect immediately.
(Original Signed)
MARGARITO B. TEVES
Secretary of Finance
RECOMMENDED BY:
(Original Signed)
JOEL L. TAN-TORRES
Commissioner of Internal Revenue
-oOo-
Page 3
DEFINITION OF TERMS
RESIDENTIAL
COMMERCIAL
INDUSTRIAL
AGRICULTURAL
GENERAL PURPOSE
VICINITY
CLASSIFICATION LEGEND:
CODE
CLASSIFICATION
CODE
CLASSIFI
RR
Residential Regular
GL
Governmen GL
CR
Comemrcial Regular
GP*
General Pu GP*
RC
Residential Condominium
CC
Commercial Condominium X
Institutiona; X
CL
Cemetery Lot
APD
Area for P
Agricultural
PS
Parking Slot PS
Industrial
Page 4
CODE
I
APD
AGRICULTURAL LANDS
A1
Riceland Irrigated
A2
Riceland Unirrigated
A3
Upland
A4
Coco Land
A5
Citrus Land
A6
Fishpond
A7
Swamp
A8
Nipa Land
A9
Cotton Land
A10 Cogon
A12 Orchard
A39 Seashore
A40 Resort
A41 Sandy/Stony
A43 Sorghum
A19 Cacao
A44 Ipil-ipil
A20 Lanzones
A45 Kangkong
A21 Durian
A46 Zarate
A22 Rambutan
A23 Mango
A48 Coffee
A24 Mangrove
A25 Camote/Cassava
Page 5
11-2010
BARANGAY: BANGKAL
Effectivity Date
04-Aug-10
-------------------------------------------------- ----------------------------------- ------------- -----------------CLASSI6TH REV.
STREET/SUBDIVISION
VICINITY
FICATION
ZV/SQ.M.
-------------------------------------------------- ----------------------------------- ------------- -----------------A. APOLINARIO (APOLINARIO)
CR
25,000.00
RR
18,000.00
BINAY ST. (formerly Gen. Ricarte St.)
CR
25,000.00
RR
18,000.00
CAPT. M. REYES
CR
25,000.00
RR
18,000.00
CHINO ROCES (PASONG TAMO)
CR
70,000.00
DALLAS ST
EDSA
CR
25,000.00
RR
18,000.00
EDSA
CR
80,000.00
EVANGELISTA
CR
40,000.00
RR
18,000.00
GEN. J. BELARMINO (GEN. A. BELARMINO)
CR
25,000.00
RR
18,000.00
GEN. A. BONIFACIO
CR
25,000.00
RR
18,000.00
GEN V. LIM (GEN A. LIM)
CR
25,000.00
RR
18,000.00
GEN. A. LUNA
CR
25,000.00
RR
18,000.00
GEN. ALEJANDRINO (ALEJANDRINO) EDSA EXTENSION
CR
25,000.00
RR
18,000.00
GEN. E. MACABULOS
CR
25,000.00
RR
18,000.00
GEN. G. DEL PILAR (GEN. DEL PILAR)
CR
22,500.00
RR
18,000.00
GEN. J. CAILLES (GEN CAILLES)
CR
25,000.00
RR
18,000.00
GEN. J. LACUNA
CR
25,000.00
RR
18,000.00
GEN V. LUKBAN (U. LUKBAN)
CR
25,000.00
RR
18,000.00
GEN M. CAPINPIN (GEN N. CAPINPIN)
CR
25,000.00
RR
18,000.00
GEN. NATIVIDAD (NATIVIDAD)
CR
25,000.00
RR
18,000.00
GEN. M. HIZON
CR
25,000.00
RR
18,000.00
GEN. M. TINIO
CR
25,000.00
RR
18,000.00
Page 6
11-2010
RC
CC
CC
RC
PS
RC
40,000.00
37,500.00
53,500.00
42,500.00
35,000.00
42,000.00
Per RDOs justification, Ciano Plaza Condo & Cityland Condominium (C25) are old condos, hence,
no adjustment made.
Page 7
11-2010
Page 8
11-2010
BARANGAY: PALANAN
-------------------------------------------------- ----------------------------------- ------------- -----------------CLASSI6TH REV.
STREET/SUBDIVISION
VICINITY
FICATION
ZV/SQ.M.
-------------------------------------------------- ----------------------------------- ------------- -----------------AMPERE
CR
32,500.00
RR
18,000.00
ARARO
RR
18,000.00
ARELLANO AVENUE
CR
32,500.00
RR
18,000.00
BATANGAS
RR
*
BAUTISTA
CR
32,500.00
RR
18,000.00
BERMEO
RR
18,000.00
BIGASAN
RR
18,000.00
BOYLE
CR
32,500.00
RR
18,000.00
CALATAGAN
CR
32,500.00
RR
18,000.00
CAMALIG
RR
18,000.00
CASINO
CR
32,500.00
RR
18,000.00
CUENCA
CR
32,500.00
RR
18,000.00
CURRIE ST.
CR
32,500.00
RR
18,000.00
DAYAP
CR
32,500.00
RR
18,000.00
DELA CRUZ
RR
18,000.00
DIAN
CR
32,500.00
RR
18,000.00
DIESEL
CR
32,500.00
RR
18,000.00
DURANGO
RR
18,000.00
EMILIA
CR
32,500.00
RR
18,000.00
ENRIQUE
CR
32,500.00
RR
18,000.00
EINTHOVEN
CR
32,500.00
RR
18,000.00
FAHRENHEIT
DIAN
CR
35,000.00
RR
18,000.00
Page 9
11-2010
Page 10
11-2010
*Arnaiz Ave with vicinity of SS H-Way/Pasay is now within Brgy Pio del Pilar-South
**Bermeo, Cuenca & Dayap Streets are all within Brgy Palanan
Per RDO's justification, Dela Rosa St was previously overvalued, hence, no adjustment made
Page 11
11-2010
HERALD SUITES
KING'S COURT CONDO I
(KING'S COURT CONDO)
KING'S COURT CONDO II
BANGKAL
BUENDIA/PALANAN
MAKATI CINEMA SQUARE TOWER
PRAISE CONDOMINIUM
SANTILLAN APARTMENT
SISVAL APARTMENT
ALL OTHER CONDOMINIUMS
CC
RC
PS
CC
RC
PS
CC
RC
PS
RC
CC
PS
CC
PS
RC
CC
RC
PS
RC
CC
CC
RC
PS
RC
CC
RC
PS
RC
RC
RC
CC
RC
PS
RC
50,000.00
45,000.00
35,000.00
70,000.00
50,000.00
35,000.00
70,000.00
50,000.00
35,000.00
42,500.00
52,500.00
35,000.00
45,000.00
35,000.00
45,000.00
45,000.00
42,500.00
35,000.00
*
*
45,000.00
42,500.00
35,000.00
30,000.00
70,000.00
60,000.00
45,000.00
30,000.00
30,000.00
30,000.00
50,000.00
47,000.00
35,000.00
46,000.00
Page 12
11-2010
Page 13
11-2010
YULO PLAZA
P.TAMO
CC
RC
PS
CC
RC
PS
CC
RC
PS
CC
RC
PS
CC
RC
PS
RC
50,000.00
45,000.00
35,000.00
50,000.00
35,000.00
34,000.00
32,000.00
27,000.00
25,000.00
43,500.00
42,500.00
35,000.00
48,000.00
47,000.00
35,000.00
46,000.00
* Paredes Avenue is not existing within the jurisdiction of RDO No. 48, West Makati
Per RDO's justification, All Condominiums identified in the previous revision are already old,
hence, no adjustment made.
Page 14
11-2010
*Arnaiz St with vicinity of P. Tamo-SSHway is within Brgy Pio del Pilar North.
** Arnaiz St with vicinity of SSHway-Pasay, Ben Harrizon & Capt M. Reyes are all within
Barangay Pio del Pilar-South.
Page 15
11-2010
Note: *Evangelista St is within Barangays Bangkal & Pio del Pilar South
**Hayes St is within Barangay Pio del Pilar South.
Page 16
11-2010
CC
RC
CC
RC
PS
RC
40,000.00
38,000.00
40,000.00
38,000.00
35,000.00
37,000.00
Per RDO's justifications, Sen. Gil Puyat (Buendia) & CR of All Other Streets are previously over valued, hence,
no adjustment made.
*San Antonio & Van Buren Streets are within Barangay Pio del Pilar South
Page 17
11-2010
Page 18
11-2010
1. NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION OF REAL PROPERTY:
WHERE IN THE APPROVE SCHEDULE OF ZONAL VALUES FOR A PARTICULAR BARANGAY a.) NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION IN A PARTICULAR
STREET/SUBDIVISION IN A BARANGAY, THE ZONAL VALUE PRESCRIBED FOR THE SAME CLASSIFICATION OF REAL PROERTY LOCATED IN THE OTHER STREET/SUBDIVISION WITHIN THE SAME
BARANGAY OF SIMILAR CONDITIONS SHALL BE USED; AND
b) NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION OF REAL PROPERTY
IN ONE BARANGAY, THE ZONAL VALUE PRESCRIBED FOR THE SAME CLASSIFICATION OF REAL
PROPERTY LOCATED IN AN ADJACENT BARANGAY OF SIMILAR CONDITIONS SHALL BE USED.
2. PREDOMINANT USE OF PROPERTY.
a.) ALL REAL PROERTIES, REGARDLESS OF ACTUAL USE, LOCATED IN A STREET/BARANGAY/ZONE, THE
USE OF WHICH ARE PREDOMINANTLY COMMERCIAL SHALL BE CLASSIFIED AS "COMMERCIAL" FOR
PURPOSED OF ZONAL VALUATION.
b.) THE PREDOMINANT USE OF OTHER CLASSIFICATION OF PROPERTIES LOCATED IN A STREET/
BARANGAY/ZONE, REGARDLESS OF ACTUAL USE SHALL BE CONSIDERED FOR PURPOSED OF ZONAL
VALUATION.
3. ZONAL VALUES OF CONDOMINIUM UNIT/TOWNHOUSE:
IF THE TITLE OF A PARTICULAR CONDOMINIUM UNIT/TOWNHOUSES IS a.) A CONDOMINIUM CERTIFICATE OF TITLE (CCT), THE ZONAL VALUE OF THE LAND AND THE
IMPROVEMENT SHALL BE TREATED AS ONE; OR
b.) A TRANSFER CERTIFICATE OF TITLE (TCT), THE LAND AND IMPROVEMENT SHALL BE GIVEN
SEPARATE VALUES, i.e. ZONAL VALUE/GROSS SELLING PRICE/FAIR MARKET VALUE PER LATEST
TAX DECLARATION WHICHEVER IS HIGHER AND, IN THE ABSENCE OF ZONAL VALUATION, PROPERTY
SHALL BE VALUED PURSUANT TO RAMO 2-91.
THE GROUND FLOOR OF THE RESIDENTIAL CONDOMINIUM SHALL BE CLASSIFIED AS COMMERCIAL AND
TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED THERETO.
Page 19
11-2010
HOUSING, IT SHALL BE CERTIFIED TO AS SUCH BY THE PROPER GOVERNMENT AGENCY SUCH AS,
PRESIDENTIAL COMMISSION ON URBAN POOR (PCUP), NATIONAL HOUSING AUTHORITY (NHA), ETC.
5. ZONAL VALUE OF FMV ESTABLISHED IN THE SCHEDULE OF VALUES OF ASSESSORS.
THE ZONAL VALUES ESTABLISHED HEREIN SHALL APPLY IN COMPUTING ALL INTERNAL REVENUE TAXES
(i.e CAPITAL GAINS, CREDITABLE WITHHOLDING, ESTATE, DONOR'S, AND DOCUMENTARY STAMP TAXES)
DUE ON SALES, EXCHANGES, OR OTHER
SAME IS HIGHER THAN (1.) THE FAIR MARKET VALUE AS SHOWN IN THE SCHEDULE OF VALUES OF THE
PROVINCIAL AND CITY ASSESSORS (i.e. LATEST TAC DECLARATION ) AND (2.) THE GROSS SELLING PRICE AS
SHOWN IN THE DULY NOTARIZED DOCUMENT OF SALE OR EXCHANGE AT THE TIME OF SALE OR EXCHANGE.
PROVIDED, HOWEVER, THAT THE VALUE OF PROPERTY TO BE USED IN COMPUTING ESTATE AND
DONOR'S TAXES SHALL BE (1) THE FAIR MARKET VALUE AS DETERMINED BY THE COMMISSIONER OF
INTERNAL REVENUE (i.e. ZONAL VALUES ) OR (2) THE FAIE MARKET VALUE AS SHOWN IN THE SCHEDULE OF
ZONAL VALUES OF THE PROVINCIAL/CITY/MUNICIPAL ASSESSOR, WHICHEVER IS HIGHER.
Page 20
TO
Section 16 (e) of the Tax Code as amended by Presidential Decree No. 1994, authorizes the
Commissioner of Internal Revenue to divide the Philippines into different zones or areas and determine for
internal revenue tax purposes, the fair market value of the real properties located in each zones or area
upon consultation with competent appraisers both fromprivate and public sectors.
By virture of said authority, the Commissioner of Internal Revenue has determined the zonal values
of real properties (5th revision) located in Makati City under the jurisdiction of Revenue District Office No. 48
(West Makati), Revenue Region No. 8 (Makati City) after public hearing was conducted on January 5, 1997
for the purpose. This Order is issued to implement the revised zonal values for land to be used in computing
any internal revenue tax.
In case the gross selling price or the market value as shown in the schedule of values of the
provincial or city assessor is higher than the zonal value established herein, suuch values shall be used as
basis for computing the internal revenue tax.
This Order shall take effect immediately.
(Original Signed)
ROBERTO F. DE OCAMPO
Secretary of Finance
RECOMMENDED BY:
(Original Signed)
LIWAYWAY VINZONS-CHATO
Commissioner of Internal Revenue
-oOo-
Page21
Page22
Page23
Page24
Page25
Page26
Page27
Page28
Page29
Page30
Page31
Section 6(e) of the Tax Code as amended by Presidential Decreee No. 1994, authorizes the
Commissioner of Internal Revenue to divide the Philippines into different zones or areas and determine
for internal revenue tax purposes, the fair market value of the real properties located in each zone or area
upon consultation with competent appraisers both from private and public sectors.
By virtue of said authority, the Commissioner o f Internal Revenue has determined the zonal
values of real properties (4th revision) located in Makati City under the jurisdiction of Revenue District
Office No. 48 (West Makati), Revenue Region No. 8 (Makati City) after public hearing was conducted on
January 8, 1996 for the purpose. This Order is issued to implement the revised zonal values for land to be
used in computing any internal revenue tax.
In case the gross selling price or the market value as shown in the schedule of values of the
provincial or city assessor is hgiher than the zonal value established herein, such values shall be used as basis f
computing the internal revenue tax.
This Order shall take effect immediately.
(Original Signed)
ROBERTO F. DE OCAMPO
Secretary of Finance
RECOMMENDED BY:
(Original Signed)
LIWAYWAY VINZONS-CHATO
Commissioner of Internal Revenue
Page32
DEFINITION OF TERMS
RESIDENTIAL
COMMERCIAL
INDUSTRIAL
AGRICULTURAL
GENERAL PURPOSE
VICINITY
CLASSIFICATION LEGEND:
CODE
RR
CR
I
GL
APD
CLASSIFICATION
Residential Regular
Commercial Regular
Industrial
Government Land
Area for Priority Development
CODE
RC
CC
X
GP
A
Page33
CLASSIFICATION
Residential Condominium
Commercial Condominium
Institutional
General Purpose
Agicultural
Page34
Page35
Page36
Page37
Page38
Page39
Page40
Page41
Page42
Section 6(e) of the Tax code as amended by Presidential Decree No. 1994, authorizes
the Commissioner of Internal Revenue to divide the Philippines into different zones or areas and
determine for internal revenue tax purposes, the fair market value of the real properties located in each
zone or area upon consultation with competent appraisers both from private and public sectors.
By virtue of said authority, the Commissioner of Internal Revenue has determined the
zonal values of realproperties (3rd revision) located in City of Makati under the jurisdiction of Revenue
District Office No. 48 (West Makati), Rev enue Region No. 8-Makati City after public hearing was conducted
on March 10, 1995 for the purpose. This Order is issued to implement the revised zonal values for land
to be used in computing any internal revenue tax.
In case the gross selling price or the market value as shown in the schedule of values of
the provincial or city assessor is higher than the zonal value established herein, such values shall be
used as basis for computing the internal revenue tax.
This Order shall take effect immediately.
(Original Signed)
ROBERTO F. DE OCAMPO
Secretary of Finance
RECOMMENDED BY:
(Original Signed)
LIWAYWAY VINZONS-CHATO
Commissioner of Internal Revenue
Page43
DEFINITION OF TERMS
RESIDENTIAL
COMMERCIAL
INDUSTRIAL
AGRICULTURAL
GENERAL PURPOSE
VICINITY
CLASSIFICATION LEGEND:
CODE
RR
CR
RC
CC
APD
CLASSIFICATION
Residential Regular
Commercial Regular
Residential Condominium
Commercial Condominium
Area for Priority Development
Page44
CODE
I
X
A
GL
GP
CLASSIFICATION
Industrial
Institutional
Agricultural
Government Land
General Purpose
RDO NO.48
WEST MAKATI
CITY/MUNICIPALITY: MAKATI
142-95
D.O. NO.
BARANGAY: BANGKAL
Effectivity Date 15-Dec-95
------------------------------------------- ------------------------------------ -------------------- -------------------CLASSI3RD REV.
STREET/SUBDIVISION
VICINITY
FICATION
ZV/SQ.M.
------------------------------------------- ------------------------------------ -------------------- -------------------ALEJANDRINO
EDSA EXTENSION
RR
7,250.00
APOLINARIO
RR
7,250.00
CAPT. M. REYES
RR
7,250.00
CR
8,250.00
EDSA
CR
25,000.00
EVANGELISTA
RR
7,250.00
CR
11,500.00
GEN. A. BELARMINO
RR
7,250.00
GEN. A. BONIFACIO
RR
7,250.00
GEN. A. LIM
RR
7,250.00
GEN. A. LUNA
RR
7,250.00
GEN. CAILLES
RR
7,250.00
CR
8,250.00
GEN. DEL PILAR
RR
7,250.00
GEN. E. MACABULOS
RR
7,250.00
GEN. G. DEL PILAR
RR
7,250.00
GEN. J. LACUNA
RR
7,250.00
GEN. N. CAPINPIN
RR
7,250.00
GEN. M. HIZON
RR
7,250.00
GEN. M. TINIO
RR
7,250.00
GEN. MALVAR
RR
7,250.00
GEN. MASCARDO
RR
7,250.00
GEN. O MOJICA
RR
7,250.00
GEN. P. GARCIA
RR
7,250.00
GEN. S. ESTRELLA
RR
7,250.00
GEN. U. LUKBAN
RR
7,250.00
NATIVIDAD
RR
7,250.00
PAREDES AVENUE
RR
7,250.00
CR
8,250.00
RODRIGUEZ
RR
7,250.00
SANTOS
RR
7,250.00
SOUTH SUPERHIGHWAY
CR
20,000.00
ZAMORA
RR
7,250.00
ALL CONDOMINIUMS
CC/RC
22,500.00
Page45
RDO NO.48
WEST MAKATI
CITY/MUNICIPALITY: MAKATI
142-95
D.O. NO.
BARANGAY: MAGALLANES VILLAGE
Effectivity Date 15-Dec-95
------------------------------------------- ------------------------------------ -------------------- -------------------CLASSI3RD REV.
STREET/SUBDIVISION
VICINITY
FICATION
ZV/SQ.M.
------------------------------------------- ------------------------------------ -------------------- -------------------BEGONIA
RR
12,000.00
ENCARNACION
RR
12,000.00
HOMONHON
RR
12,000.00
HUMABON
RR
12,000.00
LAPU-LAPU AVENUE
RR
12,000.00
LIMASAWA
RR
12,000.00
MACTAN
RR
12,000.00
MAGALLANES AVENUE
RR
12,000.00
MAGALLANES CIRCLE
RR
12,000.00
MAGDALENA AVENUE
RR
12,000.00
MARGARITA
RR
12,000.00
PASONG TAMO
CR
22,500.00
ROSARIO
RR
12,000.00
SAN ANTONIO
RR
12,000.00
SAN CARLOS
RR
12,000.00
SAN FELIPE
RR
12,000.00
SAN GERONIMO
RR
12,000.00
SAN GREGORIO
RR
12,000.00
SAN MARTIN
RR
12,000.00
SAN PABLO
RR
12,000.00
SOCORRO
RR
12,000.00
STA. ANA
RR
12,000.00
STA. ROSA
RR
12,000.00
TRINIDAD
RR
12,000.00
VICTORIA
RR
12,000.00
MAGALLANES COMM'L. CENTERSOUTH SUPERHI-WAY
CC
30,000.00
GALLERIA DE MAGALLANES
SOUTH SUPERHI-WAY
RC
25,000.00
ALL OTHER CONDOMINIUMS
CC/RC
25,000.00
Page46
RDO NO.48
WEST MAKATI
CITY/MUNICIPALITY: MAKATI
142-95
D.O. NO.
BARANGAY: PALANAN
Effectivity Date 15-Dec-95
------------------------------------------- ------------------------------------ -------------------- -------------------CLASSI3RD REV.
STREET/SUBDIVISION
VICINITY
FICATION
ZV/SQ.M.
------------------------------------------- ------------------------------------ -------------------- -------------------AMPERE
RR
6,750.00
ARARO
RR
6,750.00
ARELLANO AVENUE
RR
6,750.00
BATANGAS
RR
6,750.00
BAUTISTA
RR
6,750.00
BERMEO
RR
6,750.00
BIGASAN
RR
6,750.00
BOYLE
RR
6,750.00
CALATAGAN
RR
6,750.00
CAMALIG
RR
6,750.00
CASINO
RR
6,750.00
CUENCA
RR
6,750.00
CURRIE ST.
RR
6,750.00
DAYAP
RR
6,750.00
DIAN
RR
6,750.00
DIESEL
RR
6,750.00
DURANGO
RR
6,750.00
EMILIA
RR
6,750.00
ENRIQUE
RR
6,750.00
ENTHOVEN
RR
6,750.00
FAHRENHEIT
RR
6,750.00
FILMORE
RR
6,750.00
FILMORE BUENDIA
CR
12,500.00
FLORIDA
RR
6,750.00
GUERNICA
RR
6,750.00
HILARIO
RR
6,750.00
IBARRA
RR
6,750.00
JAVA
RR
6,750.00
LAREDO
RR
6,750.00
MADRAS
RR
6,750.00
MAKILING
RR
6,750.00
MARCONI
RR
6,750.00
MATANZAS
RR
6,750.00
NEGROS
RR
6,750.00
OLIVARES
RR
6,750.00
PUERTO RICO
RR
6,750.00
APD
QUIRINAL
RR
6,750.00
APD
SEN. GIL PUYAT
CR
25,000.00
ALL CONDOMINIUMS
CC/RC
25,000.00
ALL OTHER STREETS
CR
12,500.00
*APD: N - Arellano Streets
S - Casino Street
Page47
RDO NO.48
E - Olivares Street
WEST MAKATI
W-Bautista Street
Page48
RDO NO.48
WEST MAKATI
CITY/MUNICIPALITY: MAKATI
142-95
D.O. NO.
BARANGAY: ARNAIZ (PIO DEL PILAR) NORTH
Effectivity Date 15-Dec-95
------------------------------------------- ------------------------------------ -------------------- -------------------CLASSI3RD REV.
STREET/SUBDIVISION
VICINITY
FICATION
ZV/SQ.M.
------------------------------------------- ------------------------------------ -------------------- -------------------ANTONIO
RR
6,750.00
BERMEO
RR
6,750.00
CUENCA
RR
6,750.00
DAYAP
RR
6,750.00
DELA ROSA
CR
25,000.00
E. JACINTO
RR
6,750.00
E. RAMOS
RR
6,750.00
FACUNDO
RR
6,750.00
HERNANDO
RR
6,750.00
HOOVER
RR
6,750.00
J. VICTOR
RR
6,750.00
JAVIER
CR
12,500.00
M. OCAMPO
RR
6,750.00
MCKINLEY
RR
6,750.00
MEDINA
RR
6,750.00
PASONG TAMO
CR
25,000.00
ARNAIZ ST (PIO DEL PILAR)
CR
25,000.00
RR
6,750.00
ROOSEVELT
RR
6,750.00
SANTILLAN
RR
6,750.00
SEN. GIL PUYAT
CR
25,000.00
TINDALO
CR
25,000.00
VILLAR
RR
6,750.00
WASHINGTON
RR
6,750.00
WILSON
RR
6,750.00
CITY LAND CONDO
SEN GIL PUYAT
CC
30,000.00
ALL CONDOMINIUM
ALONG G PUYAT
CC/RC
30,000.00
ALL OTHER CONDOMINIUMS
ALONG DELA ORSA
CC/RC
25,000.00
Page49
RDO NO.48
WEST MAKATI
CITY/MUNICIPALITY: MAKATI
142-95
D.O. NO.
BARANGAY: ARNAIZ (PIO DEL PILAR) SOUTH
Effectivity Date 15-Dec-95
------------------------------------------- ------------------------------------ -------------------- -------------------CLASSI3RD REV.
STREET/SUBDIVISION
VICINITY
FICATION
ZV/SQ.M.
------------------------------------------- ------------------------------------ -------------------- -------------------ARGUELLES
RR
6,750.00
BATANGAS
RR
6,750.00
CAPT. APOLINARIO
RR
6,750.00
CAPT. M. REYES
RR
6,750.00
CR
12,500.00
CUANGCO
RR
6,750.00
DALLAS
RR
6,750.00
MERRY CALON
RR
6,750.00
PAREDES AVENUE
RR
6,750.00
VALDERAMA
RR
6,750.00
Page50
RDO NO.48
WEST MAKATI
CITY/MUNICIPALITY: MAKATI
142-95
D.O. NO.
BARANGAY: SAN ISIDRO
Effectivity Date 15-Dec-95
------------------------------------------- ------------------------------------ -------------------- -------------------CLASSI3RD REV.
STREET/SUBDIVISION
VICINITY
FICATION
ZV/SQ.M.
------------------------------------------- ------------------------------------ -------------------- -------------------ARNAIZ ST (PIO DEL PILAR)
P. TAMO - SS H WAY
CR
12,500.00
ARAGON
RR
7,250.00
ARSONVEL
RR
7,250.00
BATANGAS
RR
7,250.00
BELL
RR
7,250.00
BEN HARRISON
RR
7,250.00
BOBROCK
RR
7,250.00
BOLIVIA
RR
7,250.00
BORMEO
RR
7,250.00
APD
CAPT. M. REYES
RR
7,250.00
CR
10,000.00
COPERNICUS
RR
7,250.00
DALTON
RR
7,250.00
DIAN
RR
7,250.00
EINSTEINO
RR
7,250.00
EVANGELISTA
CR
7,250.00
FARADAY
RR
7,250.00
FORD
RR
7,250.00
GALVANI
RR
7,250.00
GRANDEL
RR
7,250.00
GUATEMALA
RR
7,250.00
HAYES
RR
7,250.00
HONDURAS
RR
7,250.00
MARCONI
RR
7,250.00
MORSE
RR
7,250.00
NEWTON
RR
7,250.00
NOBEL
RR
7,250.00
PASTEUR
RR
7,250.00
ROCKEFELLER
RR
7,250.00
SAN ANTONIO
RR
7,250.00
SEN. GIL PUYAT
CR
25,000.00
SOUTH SUPERHIGHWAY
CR
25,000.00
URUGUAY
RR
7,250.00
VANBUREN
RR
7,250.00
VOLTA
RR
7,250.00
ZANZIBAR
APD
FINLANDIA HOUSE
CC
20,000.00
ALL CONDOMINIUMS
CC/RC
20,000.00
*APD
N =URUGUAY STREET
E =ARTHUR STREET-BUANGUINIO THRU HONDURAS
S =HARRISON STREET
Page51
RDO NO.48
WEST MAKATI
W =BATANGAS STREET
Page52
RDO NO.48
WEST MAKATI
CITY/MUNICIPALITY: MAKATI
142-95
D.O. NO.
CONDOMINIUMS AND TOWNHOUSES
Effectivity Date 15-Dec-95
------------------------------------------- ------------------------------------ -------------------- -------------------CONDOMINIUMS
CLASSI3RD REV.
AND TOWNHOUSES
VICINITY
FICATION
ZV/SQ.M.
------------------------------------------- ------------------------------------ -------------------- -------------------CIANNO PLAZA COND.
M REYES cor MASCARDO
RC
25,000.00
CITYLAND COND. V
SSH BANCAL
CC
22,500.00
CITYLAND CONDO VIII
SSH BANCAL
CC
30,000.00
DELA ROSA CONDO
DELA ROSA
RC
25,000.00
FINLANDIA HOUSE
SAN ISIDRO VILL
CC
20,000.00
GALLERIA DE MAGALLANES
MAGALLANES VILLAGE
RC
25,000.00
KING'S COURT COND.
P. TAMO EXT. LEGASPI
CC
35,000.00
MAGALLANES COMMERCIAL CE MAGALLANES VILLAGE
CC
30,000.00
MAKATI CINEMA SQUARE
P. TAMO, LEGASPI VILLAGE
CC
25,000.00
YULO PLAZA TOWNHOUSE
P.TAMO DASMA. VILL.
CC
25,000.00
SAYOC BLDG.
BUENDIA/PALANAN
CC
25,000.00
================== =============== ======== ========
Page53
RDO NO.48
WEST MAKATI
CERTAIN GUIDELINES IN THE IMPLEMENTATION
OF ZONAL VALUATION OF REAL PROPERTIES
RDO No. 48 - WEST MAKATI
IN THE EVENT THAT AN EXISTING BARANGAY IS DIVIDED INTO TWO (2) OR MORE BARANGAYS,
THE ZONAL VALUES PRESCRIBED FOR THE EXISTING BARANGAY SHALL BE USED FOR THE NEWLY
CREATED BARANGAY.
4. COMMERCIAL.
IN DETERMINING OR ARRIVING
AT THE ZONAL VALUES FOR CONDOMINIUMS AN
TOWNHOUSES, THE VALUE OF THE LAND AS WELL AS THE VALUE OF THE BUILDING SHALL B
TREATED AS ONE, IF THE TITLE IS A CCT OR CONDOMINIUMM CERTIFICATE OF TITLE. HOWEVER,
IF THE TITLE IS A TCT OR TRANSFER CERTIFICATE OF TITLE, LAND IMPROVMENTS SHALL BE GIVEN
SEPARATE VALUES.
Page54
RDO NO.48
WEST MAKATI
THE ZONAL VALUES ESTABLISHED HEREIN SHALL APPLY IN COMPUTING ALL INTERNAL REVENU
TAXES PROVIDED THAT THE CAPITAL GAINS TAX FROM SALES, EXCHANGES, OR OTHER
DISPOSITIONS OF REAL PROPERTY CLASSIFIED AS CAPITAL ASSETS, INCLUDING "PACTO DE RETRO
SALES AND OTHER FORMS SHALL BE TAXES AT THE RATE OF 5% BASED ON THE GROSS SELLING
PRICE, IF THE CONSIDERATION IS HIGHER THAN THE ZONAL VALUES FIVEN HEREIN ESTABLISHED.
PROVIDED, HOWEVER, THAT THE VALUE OF THE PROPERTY TO BE USED IN COMPUTING ALL
INTERNAL REVENUE TAXES SHALL BE (1) THE FAIR MARKET VALUE AS DETERMINED BY THE
COMMISSIONER OF INTERNAL REVENUE (I.E. ZONAL VALUES) OR (2) THE FAIR MARKET VALUE AS
SHOWN IN THE SCHEDULE OF VALUES OF THE PROVINCIAL OR CITY ASSESSORS, WHICHEVER IS
HIGHER.
/fpt
Page55
OF REAL PROPERTIES
OFFICE NO. 48 (WEST
TERNAL REVENUE TAX
Page56
TO COMMMERCIAL
BJECT OF PROFIT.
DEVELOPED AREA
AL, INSTITUTIONAL,
HOOD OR DISTRICT
R CONTIGUOUS TO A
Page57
Page58
Page59
Page60
Page61
Page62
Page63
Page64
Page65
Page66
S CLASSIFICATIONS OF REAL
LASSIFICATION, THE ZONAL
CATED IN THE ADJACENT
TED IN A STREET/BARANGAY/
" SHALL BE CONSIDERED AS
PMENTCERTIFIED TO AS SUCH
IF IT IS UTILIZED FOR SOCIAL
GOVERNMENT AGENCY, E.G.
OUSING AUTHORITY (NHA), ETC.
Page67
Page68
SUBJECT:
TO
THE COMMISSIONER OF INTERNAL REVENUE TO DIVIDE THE PHILIPPINES INTO DIFFERENT ZONES OR AREAS
AND DETERMINE FOR INTERNAL REVENUE TAX PURPOSES, THE FAIR MARKET VALUE OF THE REAL PROPERTIES
LOCATED IN EACH ZONE OR AREA UPON CONSULTATION WITH COMPETENT APPRAISERS.
BY VIRTUE OF SAID AUTHORITY, THE COMMISISIONER OF INTERNAL REVENUE HAS DETERMINED THE
ZONAL VALUES OF REAL PROPERTIES LOCATED IN THE MUNICIPALITY OF MAKATI UNDER THE JURISDICTION
OF REVENUE DISTRICT OFFICE NOS. 32 (EAST MAKATI) AND 32A(WEST MAKATI), REVENUE REGION NO. 4B-2,
MAKATI, METRO MANILA, AFTER A PUBLIC HEARING WAS CONDUCTED ON NOVEMBER 12, 1990 FOR THE
PURPOSE. THIS ORDER IS ISSUED TO IMPLEMENT ZONAL VALUES FOR LAND AND IMPROVEMENTS IN THE CASE
OF CONDOMINIUMS/TOWNHOUSES, COMMERCIAL AND INDUTRIAL BUILDING AS SHOWN IN ANNEX "A" HEREOF
TO BE USED AS BASIS FOR COMPUTING THE INTERNAL REVENUE TAX.
IN CASE THE GROSS SELLING PRICE OR THE MARKET VALUE AS SHOWN IN THE SCHEDULE OF VALUES
OF THE PROVINCIAL OR CITY ASSESSOR IS HIGHER THAN THE ZONAL VALUE
VALUES SHALL BE USED AS BASIS FOR COMPUTING THE INTERNAL REVENUE TAX.
THIS ORDER SHALL TAKE EFFECT IMMEDIATELY.
(SIGNED)
JESUS P. ESTANISLAO
Secretary of Finance
RECOMMENDED BY:
(SIGNED)
JOSE U. ONG
Commissioner of Internal Revenue
DEFINITION OF TERMS
RESIDENTIAL
COMMERCIAL
INDUSTRIAL
AGRICULTURAL
GENERAL PURPOSE
Page69
VICINITY
CLASSIFICATION LEGEND:
CODE
CLASSIFICATION
CODE
CLASSIFICATION
RR
RC
CR
CC
A
Residential Regular
Residential Condominium
Commercial Regular
Commercial Condominium
Agricultural
I
X
GL
GP
APD
Industrial
Institutional
Governmenrt Land
General Purpose
Area for Priority
Development
135-91
BARANGAY: BANGKAL
Effectivity Date
31-Jul-92
-------------------------------------------------------- ------------------------------------ ----------------------- -----------------------------CLASSI2ND REV.
STREET/SUBDIVISION
VICINITY
FICATION
ZV/SQ.M.
-------------------------------------------------------- ------------------------------------ ----------------------- -----------------------------ALEJANDRINO
RR
6,000.00
APOLINARIO
RR
6,000.00
CAPT. M. REYES
RR
6,000.00
CAPT. M. REYES
CR
6,500.00
EDSA
CR
20,000.00
EVANGELISTA
RR
6,000.00
GEN. A. BELARMINO
RR
6,000.00
GEN. A. BONIFACIO
RR
6,000.00
GEN. A. LIM
RR
6,000.00
GEN. A. LUNA
RR
6,000.00
GEN. CAILLES
RR
6,000.00
GEN. CAILLES
CR
6,500.00
GEN. DEL PILAR
RR
6,000.00
GEN. E. MACABULOS
RR
6,000.00
GEN. G. DEL PILAR
RR
6,000.00
GEN. J. LACUNA
RR
6,000.00
GEN. N. CAPINPIN
RR
6,000.00
GEN. M. HIZON
RR
6,000.00
GEN. M. TINIO
RR
6,000.00
GEN. MALVAR
RR
6,000.00
GEN. MASCARDO
RR
6,000.00
GEN. O MOJICA
RR
6,000.00
GEN. P. GARCIA
RR
6,000.00
GEN. S. ESTRELLA
RR
6,000.00
GEN. U. LUKBAN
RR
6,000.00
NATIVIDAD
RR
6,000.00
PAREDES AVENUE
RR
6,000.00
PAREDES AVENUE
CR
6,500.00
RODRIGUEZ
RR
6,000.00
SANTOS
RR
6,000.00
SOUTH SUPERHIGHWAY
CR
15,000.00
ZAMORA
RR
6,000.00
ALL CONDOMINIUMS, TOWNHOUSES,
COMMERCIAL & INDUSTRIAL BLDGS
CC/RC
20,000.00
Page70
135-91
135-91
Page71
AYALA AVENUE
BENAVIDEZ
BOLANOS
CASTRO
DE LA ROSA
ESPERANZA
ESTEBAN
GALLARDO
GAMBOA
GIL
HERRERA
JIMENEZ
LEGASPI
NIEVA
ORMAZA
PASEO DE ROXAS
PASONG TAMO
PEREA
RADA
RODRIGUEZ
SALCEDO
SORIA
SOTTO
AMORSOLO CONDOMINIUM
ALEXANDRE HOUSE CONDOMINIUM
CACHO GONZALES CONDOMINIUM
CATTLEYA CONDODIMINIUM
CENTRUM CONDOMINIUM
CITYLAND CONDOMINIUM
CONCORDE CONDOMINIUM
CRISTINA CONDOMINIUM
CYPRESS CONDOMINIUM
EUROVILLA CONDOMINIUM
EPM TOURS CONDOMINIUM
FEDMAN SUITE CONDOMINIUM
FIRST MIDLAND
AMORSOLO STREET
AMORSOLO STREET
AGUIRRE STREET
SALCEDO STREET
SALCEDO STREET
HERRERA STREET
SALCEDO STREET
HERRERA STREET
HERRERA STREET
HERRERA STREET
SALCEDO STREET
GAMBOA STREET
CR
CR
CR
CR
CR
CR
CR
CR
CR
CR
CR
CR
CR
CR
CR
CR
CR
CR
CR
CR
CR
CR
CR
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
25,000.00
20,000.00
20,000.00
30,000.00
30,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
135-91
Page72
MAKATI CINEMA
KING'S COURT CONDOMINIUM
ALL CONDOMINIUMS, TOWNHOUSES,
COMM'L AND IND'L BLDGS.
PASONG TAMO
PASONG TAMO EXTENSION
CC
CC
20,000.00
20,000.00
CC/RC
30,000.00
135-91
135-91
BARANGAY: PALANAN
Effectivity Date
31-Jul-92
-------------------------------------------------------- ------------------------------------ ----------------------- -----------------------------CLASSI2ND REV.
STREET/SUBDIVISION
VICINITY
FICATION
ZV/SQ.M.
-------------------------------------------------------- ------------------------------------ ----------------------- -----------------------------AMPERE
RR
6,000.00
ARARO
RR
6,000.00
ARELLANO AVENUE
RR
6,000.00
BATANGAS
RR
6,000.00
BAUTISTA
RR
6,000.00
Page73
BERMEO
BIGASAN
BOYLE
CALATAGAN
CAMALIG
CASINO
CUENCA
CURRIE
DAYAP
DIAN
DIESEL
DORANGO
EMILIA
ENRIQUE
ENTHOVEN
FAHRENHEIT
FILMORE
FILMORE BUENDIA
FLORIDA
GUERNICA
HILARIO
IBARRA
JAVA
LAREDO
MADRAS
MAKILING
MARCONI
MATANZAS
NEGROS
OLIVARES
PUERTO RICO
PUERTO RICO
QUIRINAL
QUIRINAL
SENATOR GIL PUYAT
ALL CONDOMINIUMS, TOWNHOUSES,
COMM'L & IND'L BLDGS
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
CR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
APD*
RR
APD*
CR
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,500.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
20,000.00
CC/RC
20,000.00
6,000.00
*APD:
N =ARELLANO STREET
E =OLIVARES STREET
S =CASINO STREET
W =BAUTISTA STREET
135-91
Page74
HOOVER
J. VICTOR
JAVIER
M. OCAMPO
MCKINLEY
MEDINA
PASONG TAMO
PIO DEL PILAR
PIO DEL PILAR
ROOSEVELT
SANTILLAN
SENATOR GIL PUYAT
TINDALO
VILLAR
WASHINGTON
WILSON
CITYLAND CONDOMINIUM
SEN GIL PUYAT AVENUE
CONDOMINIUMS/TOWNHOUSES,
COMMERCIAL AND INDUSTRIAL BUILDI SEN GIL PUYAT AVENUE
OTHER CONDOMINIUMS/TOWNHOUSES,
COMMERCIAL AND INDUSTRIAL
BUILDINGS
RR
RR
RR
RR
RR
RR
CR
CR
RR
RR
RR
CR
CR
RR
RR
RR
CC
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
20,000.00
10,000.00
6,000.00
6,000.00
6,000.00
20,000.00
20,000.00
6,000.00
6,000.00
6,000.00
30,000.00
CC/RC
30,000.00
CC/RC
20,000.00
135-91
135-91
Page75
ARARO
BAGTIKAN
BAKAWAN
BANUYO
BATIKULIN
CALANTAS
CAMACHILE
CAONG
CATMON
DAO
DITA
DONGON
ESTRELLA AVENUE
KAMAGONG
LAWAAN
LUMBAYAO
LUMBAYAO
MALUGAY
MAYAPIS
PASONG TAMO
SAMPALOC
SEN GIL PUYAT AVENUE
SOUTH SUPERHIGHWAY
ST. PAUL
TEKA
TALISAY
TANGUILE
YAKAL
SARMIENTO CONDOMINIUM
SUNSHINE CONDOMINIUM
TOWNHOUSE IPM HOMES I
SKYLAND PLAZA
CONDOMINIUMS/TOWNHOUSES,
COMM'L & IND'L BUILDINGS
OTHER CONDOMINIUMS/TOWNHOUSES,
COMMERCIAL AND INDUSTRIAL
BUILDINGS
YAKAL STREET
KAMAGONG STREET
ST. PAUL STREET
SEN GIL PUYAT AVENUE
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
APD*
RR
RR
CR
RR
CR
CR
RR
RR
RR
RR
RR
CC
CC
CC
CC
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
20,000.00
8,000.00
20,000.00
15,000.00
8,000.00
8,000.00
8,000.00
8,000.00
8,000.00
20,000.00
20,000.00
20,000.00
30,000.00
CC/RC
30,000.00
CC/RC
20,000.00
*APD:
NE = LUMBAYAO STREET
SE = ST. PAUL STREET
SW = MAYAPIS STREET
NW = SAMPALOC STREET
135-91
Page76
BOBROCK
BOLIVIA
BERNEO
BERNEO
CAPT M REYES
CAPT M REYES
COPERNICUS
DALTON
DIAN
EINSTEINO
EVANGELISTA
FARADAY
FORD
GALVANI
GRANDEL
GUATEMALA
HAYES
HONDURAS
MARCONI
MORSE
NEWTON
NOBEL
PASTEUR
ROCHEFELLER
SAN ANTONIO
SENATOR GIL PUYAT
SOUTH SUPERHIGHWAY
URUGUAY
VANBUREN
VOLTA
ZANZIBAR
FINLANDIA HOUSE
ALL CONDOMINIUMS, TOWNHOUSES,
COMM'L AND IND'L BLDGS.
RR
RR
RR
APD*
RR
CR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
RR
CR
CR
RR
RR
RR
APD*
CC
CC/RC
6,500.00
6,500.00
6,500.00
6,500.00
7,000.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
6,500.00
20,000.00
20,000.00
6,500.00
6,500.00
6,500.00
20,000.00
20,000.00
*APD:
N = URUGUAY STREET
E = ARTHUR STREET TO BUANGUINO PASSING THRU HONDURAS
S = HARRISON STREET
W = BATANGAS STREET
135-91
Page77
LIPPAY
MALANTIO
NAKPIL
SEN GIL PUYAT
PASONG TAMO
PONCE
ROCHA
SAN LORENZO DRIVE
TAMPINGCO
TOLENTINO
ZARAGOZA
ZIPPER
JACKSON CONDOMINIUM
ALL CONDOMINIUMS,TOWNHOUSES,
COMM'L AND IND'L BLDGS
PASAY ROAD
RR
RR
RR
CR
CR
RR
RR
RR
RR
RR
RR
RR
CC
10,000.00
10,000.00
10,000.00
25,000.00
25,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
20,000.00
CC/RC
25,000.00
135-91
135-91
BARANGAY: CONDOMINIUMS
Effectivity Date
31-Jul-92
-------------------------------------------------------- ------------------------------------ ----------------------- -----------------------------CLASSI2ND REV.
STREET/SUBDIVISION
VICINITY
FICATION
ZV/SQ.M.
-------------------------------------------------------- ------------------------------------ ----------------------- -----------------------------AMORSOLO CONDOMINIUM
AMORSOLO ST, LEGASPI
CC
20,000.00
ALEXANDRE HOUSE CONDOMINIUM
AMORSOLO ST, LEGASPI
CC
20,000.00
ASIAN MANSION CONDOMINIUM
DELA ROSA ST, LEGASPI
CC
30,000.00
CACHO GONZALES CONFOMINIUM
AGUIRRE ST, LEGASPI
CC
30,000.00
CATTLEY CONDOMINIUM
SALCEDO ST, LEGASPI
CC
30,000.00
CENTRUM CONDOMINIUM
SALCEDO ST, LEGASPI
CC
20,000.00
CITYLAND CONDOMINIUM
HERRERA ST, LEGASPI
CC
20,000.00
CITYLAND CONDOMINIUM
S S-HIWAY, P DEL PILAR
CC
20,000.00
CITYLAND CONDOMINIUM
SEN PUYAT, P DEL PILAR
CC
30,000.00
CONCORDE CONDOMINIUM
SALCEDO ST, LEGASPI
CC
20,000.00
CRISTINA CONDOMINIUM
HERRERA COR LEGASPI
CC
20,000.00
CYPRESS CONDODOMINIUM
HERRERA ST, LEGASPI
CC
20,000.00
EUROVILLA CONDOMINIUM
HERRERA ST, LEGASPI
CC
20,000.00
Page78
LEGASPI VILLAGE
SALCEDO, LEGASPI
SAN ISIDRO VILLAGE
GAMBOA ST,LEGASPI
PEREA ST, LEGASPI VILLAG
MAGALLANES VILLAGE
JACKSON CONDOMINIUM
KING'S COURT CONDOMINIUM
LEGAPI PARK VIEW
LEGASPI TOWERS
LTA BLDG (OFFICE CONDOMINIUM)
MAKATI CINEMA
MAYFAIR MANSION
MEDICAL TOWERS
PACIFIC BANK CONDOMINIUM
PRINCE PLAZA
PRINZE PLAZA CONDOMINIUM
SARMIENTO CONDOMINIUM
STATE CONDOMINIUM
SUNRISE TERRACE
SUNSHINE CONDOMINIUM
SKYLAND PLAZA
TOWNHOUSE IPM HOMES I
VERNIDA CONDOMINIUM
VERNIDA I
W.W. CONDOMINIUM
WINDSOR TOWER
YULO PLAZA TOWNHOUSE
ZETA CONDOMINIUM
CC
CC
CC
CC
CC
CC
RC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
CC
20,000.00
20,000.00
20,000.00
20,000.00
30,000.00
30,000.00
25,000.00
20,000.00
30,000.00
20,000.00
20,000.00
30,000.00
20,000.00
20,000.00
20,000.00
20,000.00
40,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
30,000.00
20,000.00
25,000.00
30,000.00
20,000.00
20,000.00
20,000.00
20,000.00
Page79
DEPARTMENT OF FINANCE
MANILA
SUBJECT:
TO
Section 16 (e) of the Tax Code, as amended by Presidential Decree No. 1994, authorizes
the Commissioner of Internal Revenue to divide the Philippines into different zones or areas and
determine for internal revenue tax purposes, the fair market value of the real properties located in each
zone or area upon consultation with competent appraisers.
By virtue of said authority, the Commissioner of Internal Revenue has revised the zonal
values of real properties located in the Municipality of Makati under Revenue District Nos. 32, East
Makati, and 32A, West Makati. This Order is issued to implement revised zonal values for land and
zonal values for land and improvements in the case of condominiums in the Municipality of Makati as shown
in Annex "A" hereof to be used in computing any internal revenue tax.
In case the gross selling price or the market value as shown in the schedule of values
of the Provincial or City Assessors is higher than the zonal value established herein, such values shall
be used as basis for computing the internal revenue tax.
This Order shall take effect immediately.
(Signed)
JESUS P. ESTANISLAO
Secretary of Finance
RECOMMENDED BY:
(Signed)
JOSE U. ONG
Commissioner of Internal Revenue
Page80
DEFINITION OF TERMS
RESIDENTIAL
LAND/BUILDING PRINCIPALLY DEVOTED TO HABITATION.
COMMERCIAL
LAND/BUILDING DEVOTED PRINCIPALLY TO COMMMERCIAL
PURPOSES AND GENERALLY FOR THE OBJECT OF PROFIT.
INDUSTRIAL
DEVOTED PRINCIPALLY TO INDUSTRY AS CAPITAL.
AGRICULTURAL
DEVOTED PRINCIPALLY TO RAISING OF CROP SUCH AS RICE,
CORN, SUGARCANE, TOBACCO, ETC. OR TO PASTURING,
DAIRYING, INLAND FISHING, SALT-MAKING, AND OTHER
AGRICULTURAL USES INCLUDING TIMBERLAND AND
FOREST LAND.
GENERAL PURPOSE
RAWLAND, UNDEVELOPED AND UNDERDEVELOPED AREA
WHICH HAS POTENTIAL FOR DEVELOPMENT INTO
RESIDENTIAL, COMMERCIAL, INDUSTRIAL, INSTITUTIONAL,
ETC.
VICINITY
MEANS AN AREA, LOCALITY, NEIGHBORHOOD OR DISTRICT
ABOUT, NEAR, ADJACENT PROXIMATE OR CONTIGUOUS TO A
STREET BEING LOCATED.
CLASSIFICATION LEGEND:
'RR' - RESIDENTIAL REGULAR
'CC' - COMMERCIAL CONDOMINIUM
'RC' - RESIDENTIAL CONDOMINIUM
' I ' - INDUSTRIAL
'CR' - COMMERCIAL REGULAR
' X ' - INSTITUTIONAL
'A' - AGRICULTURAL LAND
' GL ' - GOVERNMENT LAND
'APD' - AREA FOR PRIORITY
DEVELOPMENT
Page81
Page82
Page83
Page84
Page85
Page86
Page87
Page88
APD
*APD:
NE - LUMBAYAO STREET
SE - ST. PAUL STREET
SW-MAYAPIS STREET
NW-SAMPALOC STREET
Page89
* NE =URUGUAY STREET
SE =ARTHUR STREET TO BUANGUINO PASSING THRU HONDURAS
SW =HARRISON STREET
NW =BATANGAS STREET
Page90
Page91
Page92
Page93
Page94
Page95
Page96
Page97
Page98
Page99
Page100
Page101
Page102
Page103
Page104
Page105
Page106
Page107
Page108
Page109
RECOMMENDED BY:
(Sgd) BIENVENIDO A. TAN, JR
Commissioner
DEFINITION OF TERMS
RESIDENTIAL
COMMERCIAL
Page110
INDUSTRIAL
AGRICULTURAL
VICINITY
CLASSIFICATION LEGEND:
'RR' - RESIDENTIAL REGULAR
'RC' - RESIDENTIAL CONDOMINIUM
'CR' - COMMERCIAL REGULAR
'A' - AGRICULTURAL LAND
' I ' - INDUSTRIAL
' X ' - INSTITUTIONAL
Page111
CLASSIINITIAL
STREET/SUBDIVISION
VICINITY
FICATION
ZV/SQ.M.
--------------------------------------------------- ---------------------------------------------- ----------------------------- --------------------AMORSOLO ST
RR
2,200.00
CALUMPANG
RR
2,200.00
CALUMPANG
CR
2,200.00
CARISSA ST
RR
2,200.00
CYPRESS ST
RR
2,200.00
DASMARINAS AVE
RR
2,200.00
GLORIOSO
RR
2,200.00
GRANADA ST
RR
2,200.00
KALACHUCHI
RR
2,200.00
KALAMANSI ST
RR
2,200.00
KAMIAS ST
RR
2,200.00
LUMBANG RD
RR
2,200.00
MABOLO ST
RR
2,200.00
MAHOGANY ST
RR
2,200.00
PALM AVENUE
RR
2,200.00
PARAISO AVE
RR
2,200.00
PARAISO ST
RR
2,200.00
SANTAN ST
RR
2,200.00
SINEGUELAS ST
RR
2,200.00
TAMARIND RD
RR
2,200.00
Page112
SAN FELIPE
SAN GERONIMO
SAN GREGORIO
VICTORIA ST
RR
RR
RR
RR
1,700.00
1,700.00
1,700.00
1,700.00
EXCEPTIONS:
1. APD - VALUE OF LAND UNDER APD IS P500 / S.Q. M.
A. N--ARELLANO ST
B. E--OLIVARES ST
C. S--CASINO ST
D. W--BAUTISTA ST
Page113
M REYES ST
PASONG TAMO
PIO DEL PILAR
PIO DEL PILAR
RAMOS ST
SANTUICO ST
TAYLO ST
VICTOR ST.
WASHINGTON ST
RR
CR
RR
CR
RR
RR
CR
RR
RR
900.00
2,400.00
900.00
2,400.00
900.00
900.00
1,600.00
900.00
900.00
EXCEPTIONS:
1. APD - VALUE OF LAND UNDER APD IS P 500 / SQ. M
A. NE - LUMBAYAO ST
B. SE - ST PAUL ST
C. SW - MAYAPI ST
D. NW - SAMPALOC ST
EXCEPTIONS:
Page114
Page115
4. DIVISION OF A BARANGAY.
IN THE EVENT THAT AN EXISTING BARANGAY IS DIVIDED INTO
TWO OR MORE BARANGAYS, THE ZONAL VALUES PRESCRIBED FOR THE
EXISTING BARANGAY SHALL BE USED FOR THE NEWLY CREATED BARANGAY.
5.
5.
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