Professional Documents
Culture Documents
RR 8 - MAKATI CITY
RDO NO. 47 - East Makati City is composed of the following Barangays:
Ayala Center (Makati commercial Center), Legaspi Village, San Lorenzo Village and San Lorenzo
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 or area upon consultation
with competent appraisers both from the private and public sectors.
By virtue of said authority, the Commissioner of Internal Revenue has determined the zonal values of real
properties (5th revision) within the jurisdiction of Revenue District Office No. 47 – East Makati, Revenue Region No. 8 –
Makati City after public hearing was conducted on June 28, 2010. This Order is issued to implement the revised zonal
values of real properties for purposes of 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 (1) the fair market value as
shown in the schedule of values of the provincial or city assessor and (2) the gross selling price/consideration as shown
in the duly notarized document of sale or transfer of real property.
RECOMMENDED BY:
(Original Signed)
KIM S. JACINTO-HENARES
Commissioner of Internal Revenue
DEFINITION OF TERMS
AGRICULTURAL LANDS
* Ayala Center (Makati Commercial Center) is not a barangay but only a portion of Barangay San Lorenzo (see pages 4-5).
A23 Mango A48 Coffee
* Legaspi Village is not a barangay but only a portion of Barangay San Lorenzo (see pages 4-5).
A23 Mango A48 Coffee
* San Lorenzo Village is not a barangay but only a portion of Barangay San Lorenzo (see page 5).
A23 Mango A48 Coffee
RDO NO. 47 EAST MAKATI
* Ownership to ALEXANDRE HOUSE CONDOMINIUM is not a Condominium Certificate of Title (CCT), as justified by the RDO.
A23 Mango A48 Coffee
RDO NO. 47 EAST MAKATI
D.O. No. 23-2012
CONDOMINIUMS (CONTINUATION) Effectivity Date 17-Oct-12
--------------------------------------------------- ---------------------------------------- ---------------------------------------------
CONDOMINIUMS VICINITY CLASSI- 5TH REV.
FICATION ZV/SQ.M.
--------------------------------------------------- ---------------------------------------- ---------------------------------------------
CATTLEYA GARDENS C. PALANCA ST RC 48,000.00
CC 57,500.00
PS 34,500.00
CATTLEYA I CONDOMINIUM SALCEDO ST RC 48,000.00
CC 57,500.00
PS 34,500.00
CENTRUM CONDOMINIUM SALCEDO ST CC *
CENTURY PLAZA PEREA ST RC 51,500.00
CC 61,800.00
PS 37,100.00
CITYLAND III V.A. RUFINO ST (HERRERA ST) RC 48,000.00
CC 52,000.00
PS 31,200.00
CONCORDE CONDOMINIUM SALCEDO ST-BENAVIDEZ ST CC 48,000.00
PS 28,800.00
CORINTHIAN PLAZA P. DE ROXAS ST CC 76,250.00
PS 45,750.00
CRISTINA CONDOMINIUM LEGASPI ST (HERRERA ST) RC 48,000.00
CC 50,400.00
PS 30,240.00
CYA LAND RADA ST CC 57,500.00
PS 34,500.00
CYPRESS GARDENS V.A. RUFINO ST (HERRERA ST) RC 49,800.00
CC 59,760.00
PS 35,860.00
DAO I CONDOMINIUM SALCEDO ST CC 51,500.00
PS 30,900.00
DONA ANGELA'S GARDEN C. PALANCA ST RC 48,000.00
CC 57,600.00
PS 34,560.00
ELECTRA HOUSE ESTEBAN ST RC 56,000.00
CC 63,000.00
PS 37,800.00
ETON PARKVIEW GREENBELT GAMBOA ST RC 80,000.00
CC 90,000.00
PS 54,000.00
* Ownership to FIRST MIDLAND is not a Condominium Certificate of Title (CCT), as justified by the RDO.
A23 Mango A48 Coffee
RDO's justifications:
* Ownership to JACKSON CONDOMINIUM is not a Condominium Certificate of Title (CCT).
RDO's justifications:
* VERNIDA CONDOMINIUM is same as VERNIDA I BUILDING.
** W.W. CONDOMINIUM is not existing.
● CC of Vernida I Building was overvalued in the 4th revision, hence, no adjustment in this revision.
NOTE: Developer/Owner of Condominium Project built after the effectivity of this revision (5th revision), should request
for an assignment of values from the Technical Committee on Real Property Valuation (TCRPV) being chaired
by the Assistant Regional Director of the Revenue Region.
=======================================================================
A23 Mango A48 Coffee
a.) A CONDOMINIUM CERTIFICATE OF TITLE (CCT), THE ZONAL VALUE OF THE LAND
AND THE IMPROVEMENTS 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.
=====================================================================================================================
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Republic of the Philippines
DEPARTMENT OF FINANCE
MANILA
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 both from private and public sectors.
By virtue of said authority, the Commissioner of Internal Revenue has determined the
zonal values of real properties (4th revision) located in Makati City under the jurisdiction of Revenue
District Office No. 47 (East Makati), Revenue Region No. 8 (Makati City) after public hearing was conducted
on January 15, 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, such values shall be
used as basis for computing the internal revenue tax.
(Original Signed)
ROBERTO F. DE OCAMPO
Secretary of Finance
RECOMMENDED BY:
(Original Signed)
LIWAYWAY VINZONS-CHATO
Commissioner of Internal Revenue
Page 20
DEFINITION OF TERMS:
CLASSIFICATION LEGEND:
Page 21
AGRICULTURAL LANDS
Page 22
RDO NO. 47 EAST MAKATI
Page 23
RDO NO. 47 EAST MAKATI
Page 24
RDO NO. 47 EAST MAKATI
Page 25
RDO NO. 47 EAST MAKATI
1. NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION OF REAL PROPERTY.
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 PROPERTY 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.
a.) A CONDOMINIUM CERTIFICATE OF TITLE (CCT), THE ZONAL VALUE OF THE LAND AND THE
IMPROVEMENTS 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.
Page 26
RDO NO. 47 EAST MAKATI
THESE ARE AREAS IDENTIFIED AS AREAS FOR PRIORITY DEVELOPMENT CERTIFIED TO AS SUCH BY THE
HOUSING AND LAND USE REGULATORY BOARD (HLRB). IF IT IS UTILIZED FOR SOCIALIZED 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.
SECOND SALE OF LOT IDENTIFIED AS LOCATED IN THE APD SHALL NO LONGER BE VALUED AS AN
APD AND SHALL BE TREATED AS AN ORDINARY REAL PROPERTY.
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 DISPOSITONS OF REAL PROPERTY. PROVIDED, THAT THE
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 TAX 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 FAIR MARKET VALUE AS SHOWN IN THE SCHEDULE
OF VALUES OF THE PROVINCIAL/CITY/MUNICIPAL ASSESSOR, WHICHEVER IS HIGHER.
===============================================================
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Page 27
Republic of the Philippines
DEPARTMENT OF FINANCE
nov
April 12, 2017
Section 6(E) of Republic Act No. 8424, otherwise known as the "Tax Reforms 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
or area upon consultation with competent appraisers both from the 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, National Capital Region (6th Revision), within the jurisdiction
of Revenue District Office No. 47 - East Makati, Revenue Region No. 8 - Makati City after public hearing
was conducted on December 27, 2016 for the purpose. This Order is issued to implement the revised zonal
values of real properties for purposes of computing any internal revenue tax due on sale/transfer or any
other disposition of real properties.
The zonal value established herein shall apply provided the same is higher than (1) the fair market
value as shown in the schedule of values of the provincial or city assessor and (2) the gross selling price/
consideration as shown in the duly notarized document of sale or transfer of real property.
(Original Singed)
CARLOS G. DOMINGUEZ III
Secretary of Finance
RECOMMENDED BY:
(Original Signed)
CAESAR R. DULAY
Commissioner of Internal Revenue
DEFINITION OF TERMS
CLASSIFICATION LEGEND:
* BUILDING ALREADY EXISTS BUT WITH NO ASSIGNED VALUE IN THE 5TH REVISION ;
ZV ASSIGNED IN THE 6TH REVISION
***ZV for PS is 70% of the ZV assigned to the condominium unit.
D.O. NO. 022 - 2017
BARANGAY: SAN LORENZO Effectivity Date June 11, 2017
6TH REV
STREET/SUBDIVISION VICINITY CLASSIFICATION
ZV/SQ/M
THE ETON RESIDENCES LEGASPI ST. RC 150,000.00
(NEW) CC 180,000.00
PS ***
THE FRABELLA I CONDOMINIUM RADA ST. RC 100,000.00
(FRABELLA I) CC 120,000.00
PS ***
THE GRAND MIDORI LEGASPI ST. RC 150,000.00
(NEW) CC 180,000.00
PS ***
THE PALISADES CONDOMINIUM GALLARDO ST. RC 100,000.00
CC 120,000.00
PS ***
THE RAFFLES RESIDENCES MAKATI AVE COR RC 250,000.00
A. ARNAIZ AVE. CC 300,000.00
PS ***
THE RENAISSANCE CONDOMINIU SALCEDO ST RC 80,000.00
CC 120,000.00
PS ***
THE RESIDENCES AT A. ARNAIZ AVE. RC 180,000.00
GREENBELT (TRAG TOWER) CC 220,000.00
PS ***
THE SHANG GRAND TOWER PEREA ST. RC 150,000.00
CC 180,000.00
PS ***
TORRE DE SALCEDO SALCEDO ST. RC 65,000.00
CC 75,000.00
PS ***
TROPICAL PALMS BUILDING DELA ROSA ST - PEREA ST. RC 75,000.00
CC 85,000.00
PS ***
TWIN CITIES CONDO* 110 LEGASPI ST. RC 76,000.00
CC 86,000.00
PS ***
UNIVERSAL RE CONDOMINIUM PASEO DE ROXAS / RC 70,000.00
PEREA ST. CC 85,000.00
PS ***
VALUEPOINT EXEC. APARTMENT SALCEDO ST RC 65,000.00
CC 75,000.00
PS ***
VERNIDA I BUILDING AMORSOLO ST. RC 60,000.00
CC 70,000.00
PS ***
VGP BLDG.( MANILABANK)* AYALA AVENUE CC 120,000.00
PS ***
VM CONDO* 146 AMORSOLO ST. RC 60,000.00
CC 70,000.00
PS ***
WINDSOR TOWER** LEGASPI ST. CC 65,000.00
PS ***
ZARAGOSA BUILDING TRASIERRA-SORIA ST CC 60,000.00
PS ***
ZETA II CONDO (ZETA COND.) SALCEDO ST. CC 60,000.00
PS ***
* BUILDING ALREADY EXISTS BUT WITH NO ASSIGNED VALUE IN THE 5TH REVISION ;
ZV ASSIGNED IN THE 6TH REVISION
* * BUILDING STILL EXIST ; CCT IS BEING PRESENTED UPON TRANSFER OF UNIT
***ZV for PS is 70% of the ZV assigned to the condominium unit.
RDO JUSTIFICATIONS:
1. No townhouses within Barangay San Lorenzo.
2. Parking slots were given specific values per condominium project. ZV is 70% of the
RC or CC whichever is higher
3. New Condominium Projects were given ZV.
4. ZV for Penthouse is 110% of the CC or in the absence thereof, 110% of the RC
1. NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION OF REAL PROPERTY.
a). A CONDOMINIUM CERTIFICATE OF TITLE (CCT), THE ZONAL VALUE OF THE L AND AND
THE IMPROVEMENTS SHALLL 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.
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 both from private and public sectors.
By virtue of said authority, the Commissioner of Internal Revenue has determined the
zonal values of real properties (3rd revision) located in City of Makati under the jurisdiction of Revenue
District Office No. 47 (East 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 higher than the zonal value established herein, such values shall be
used as basis for computing the internal revenue tax.
(Original Signed)
ROBERTO F. DE OCAMPO
Secretary of Finance
RECOMMENDED BY:
(Original Signed)
LIWAYWAY VINZONS-CHATO
Commissioner of Internal Revenue
Page 45
DEFINITION OF TERMS
I - INDUSTRIAL X - INSTITUTIONAL
Page 46
RDO NO. 47 EAST MAKATI
D.O. No. 55-96
BARANGAY: LEGASPI VILLAGE Effectivity Date 12-Jul-96
------------------------------------ ----------------------------- ------------------------- ---------------
CLASSI- 3RD REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
------------------------------------ ----------------------------- ------------------------- ---------------
ABELARDO CR 120,000.00
ADELANTADO CR 120,000.00
AGUIRRE CR 120,000.00
ALVARADO CR 120,000.00
AMORSOLO ST CR 120,000.00
AYALA AVENUE EDSA - GIL PUYAT CR 250,000.00
BENAVIDEZ CR 120,000.00
BERNARDEZ CR 120,000.00
BOLANOS CR 120,000.00
CASTRO CR 120,000.00
DELA ROSA CR 220,000.00
ESPERANZA CR 120,000.00
ESTEBAN CR 220,000.00
GALLARDO CR 120,000.00
GAMBOA CR 120,000.00
GREENBELT CR 250,000.00
HERRERA CR 200,000.00
JIMENEZ CR 120,000.00
LEGASPI ST CR 250,000.00
MAKATI AVENUE CR 200,000.00
MARANAW CR 120,000.00
NIEVA CR 120,000.00
PASAY ROAD CR 120,000.00
PASEO DE ROXAS CR 200,000.00
PEREA CR 120,000.00
RADA CR 120,000.00
RODRIGUEZ CR 120,000.00
SALCEDO CR 250,000.00
SORIA CR 120,000.00
SOTTO CR 120,000.00
TINDALO CR 120,000.00
Page 47
RDO NO. 47 EAST MAKATI
D.O. No. 55-96
BARANGAY: SAN LORENZO VILLAGE Effectivity Date 12-Jul-96
------------------------------------ ----------------------------- ------------------------- ---------------
CLASSI- 3RD REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
------------------------------------ ----------------------------- ------------------------- ---------------
ABELARDO RR 40,000.00
AMORSOLO RR 40,000.00
ANTONIO ARNAIZ AVE CR 60,000.00
APOSTOL RR 40,000.00
ARGUILLA RR 40,000.00
BALMORI RR 40,000.00
BRIONES RR 40,000.00
EDADES RR 40,000.00
ESTRELLA RR 40,000.00
HERNANDEZ RR 40,000.00
HIDALGO RR 40,000.00
JOAQUIN RR 40,000.00
JUAN LUNA RR 40,000.00
LIPPAY RR 40,000.00
MELANTIO RR 40,000.00
NACPIL RR 40,000.00
PONCE RR 40,000.00
ROCHA RR 40,000.00
SAN LORENZO DRIVE RR 40,000.00
TAMPINCO RR 40,000.00
TOLENTINO RR 40,000.00
ZARAGOZA RR 40,000.00
ZIPPER RR 40,000.00
ZULUETA RR 40,000.00
Page 48
RDO NO. 47 EAST MAKATI
D.O. No. 55-96
CONDOMINIUMS & TOWNHOUSES Effectivity Date 12-Jul-96
------------------------------------ ----------------------------- ------------------------- ---------------
CLASSI- 3RD REV.
CONDOMINIUMS & TOWNHOUSES V I C I N I T Y FICATION ZV/SQ.M.
------------------------------------ ----------------------------- ------------------------- ---------------
AMORSOLO CONDOMINIUM AMORSOLO STREET CC 40,000.00
ALEXANDRE HOUSE CONDOMIAMORSOLO STREET CC 40,000.00
ASIA TOWER PASEO DE ROXAS CC 65,000.00
ASIAN MANSION DELA ROSA ST CC 45,000.00
CACHO GONZALES CONDOMINAGUIRRE STREET CC 45,000.00
CATTLEYA CONDOMINIUM SALCEDO STREET CC 45,000.00
CENTRUM CONDOMINIUM SALCEDO STREET CC 40,000.00
CITYLAND III HERRERA STREET CC 40,000.00
COLONADE RES. LEGASPI ST CC 40,000.00
CONCORDE CONDOMINIUM SALCEDO STREET CC 40,000.00
CORINTHIAN PLAZA P. DE ROXAS ST CC 65,000.00
CRISTINA CONDOMINIUM HERRERA STREET CC 40,000.00
CYPRESS GARDEN HERRERA STREET CC 40,000.00
EUROVILLA CONDOMINIUM HERRERA STREET CC 40,000.00
FEDMAN SUITE CONDOMINIU SALCEDO STREET CC 40,000.00
FIRST MIDLAND GAMBOA STREET CC 40,000.00
FRABELLA I RADA ST CC 65,000.00
GREENBELT MANSION PEREA STREET CC 45,000.00
JACKSON CONDOMINIUM CC 50,000.00
LEGASPI APARTMENT AMORSOLO STREET CC 40,000.00
LEGASPI PARK VIEW LEGASPI STREET CC 40,000.00
LEGASPI TOWERS LEGASPI STREET CC 40,000.00
MAYFAIR MANSION PEREA STREET CC 40,000.00
MEDICAL TOWERS HERRERA STREET CC 40,000.00
PERLA MANSION C. PALANCA STREET CC 45,000.00
PRINCE PLAZA I LEGASPI ST CC 45,000.00
PRINCE PLAZA II DELA ROSA STREET CC 45,000.00
RUFINO PACIFIC TOWER AYALA AVE CC 65,000.00
STATE CONDOMINIUM II SALCEDO STREET CC 60,000.00
SUNRISE TERRACE PEREA STREET CC 40,000.00
VERNIDA I AMORSOLO ST CC 45,000.00
VERNIDA CONDOMINIUM AMORSOLO STREET CC 40,000.00
W.W. CONDOMINIUM AGUIRRE STREET CC 40,000.00
WINDSOR TOWER LEGASPI STREET CC 40,000.00
ZETA CONDOMINIUM SALCEDO STREET CC 40,000.00
ALL OTHER CONDOMINIUMS/ CC/RC 50,000.00
TOWNHOUSES
================== ============== ============ =======
Page 49
CERTAIN GUIDELINES IN THE IMPLEMENTATION
OF ZONAL VALUATION OF REAL PROPERTIES
3. DIVISION OF BARANGAY.
4. COMMERCIAL.
Page 50
6. AREA FOR PRIORITY DEVELOPMENT (APD).
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Page 51
REPUBLIC OF THE PHILIPPINES
DEPARTMENT OF FINANCE
MANILA
SUBJECT: IMPLEMENTATION OF THE REVISED ZONAL VALUES OF REAL PROPERTIES IN EAST MAKATI
(RDO#32) AND WEST MAKATI (RD#32A) UNDER REVENUE REGION 4B-2, MAKATI, METRO
MANILA FOR INTERNAL REVENUE TAX PURPOSES.
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 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 ESTABLISHED HEREIN, SUCH
VALUES SHALL BE USED AS BASIS FOR COMPUTING THE INTERNAL REVENUE TAX.
(SIGNED)
JESUS P. ESTANISLAO
Secretary of Finance
RECOMMENDED BY:
(SIGNED)
JOSE U. ONG
Commissioner of Internal Revenue
Page 52
DEFINITION OF TERMS
CLASSIFICATION LEGEND:
Page 53
RDO NO. 32-A - MAKATI WEST
D.O. No. 135-91
BARANGAY: BANGKAL Effectivity Dat 31-Jul-92
--------------------------------------------- ----------------------------- ------------------ -----------------
CLASSI- 2ND 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
Page 54
RDO NO. 32-A - MAKATI WEST
D.O. No. 135-91
BARANGAY: DASMARINAS VILLAGE Effectivity Dat 31-Jul-92
--------------------------------------------- ----------------------------- ------------------ -----------------
CLASSI- 2ND REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------------------- ----------------------------- ------------------ -----------------
AMORSOLO RR 13,000.00
CABALLERO RR 13,000.00
CALUMPANG RR 13,000.00
CAMPANILLA RR 13,000.00
CARISSA RR 13,000.00
CYPRESS RR 13,000.00
DASMARINAS AVENUE RR 13,000.00
GLADIOLA RR 13,000.00
GLORIOSA RR 13,000.00
GRANADA RR 13,000.00
KALACHUCHI RR 13,000.00
KALAMANSI RR 13,000.00
KALUMBANG RR 13,000.00
KAMIAS RR 13,000.00
KASOY RR 13,000.00
MABOLO RR 13,000.00
MACOPA RR 13,000.00
MAGNOLIA RR 13,000.00
MAHOGANY ROAD RR 13,000.00
MILFLORES RR 13,000.00
PALM AVENUE RR 13,000.00
PALOMARIA RR 13,000.00
PARAISO RR 13,000.00
PARAISO AVENUE RR 13,000.00
PASONG TAMO EXTENSION CR 20,000.00
ROMELO RR 13,000.00
SAGU RR 13,000.00
SAMPAGUITA RR 13,000.00
SANTAN RR 13,000.00
SINEGUELAS RR 13,000.00
TAMARIND RR 13,000.00
YULO PLAZA TOWNHOUSE PASONG TAMO CC 20,000.00
Page 55
RDO NO. 32-A - MAKATI WEST
D.O. No. 135-91
BARANGAY: LEGASPI VILLAGE Effectivity Dat 31-Jul-92
--------------------------------------------- ----------------------------- ------------------ -----------------
CLASSI- 2ND REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------------------- ----------------------------- ------------------ -----------------
ABELARDO CR 25,000.00
ADELANTADO CR 25,000.00
AGUIRRE CR 25,000.00
ALVARADO CR 25,000.00
AMORSOLO CR 25,000.00
AYALA AVENUE CR 25,000.00
BENAVIDEZ CR 25,000.00
BOLANOS CR 25,000.00
CASTRO CR 25,000.00
DE LA ROSA CR 25,000.00
ESPERANZA CR 25,000.00
ESTEBAN CR 25,000.00
GALLARDO CR 25,000.00
GAMBOA CR 25,000.00
GIL CR 25,000.00
HERRERA CR 25,000.00
JIMENEZ CR 25,000.00
LEGASPI CR 25,000.00
NIEVA CR 25,000.00
ORMAZA CR 25,000.00
PASEO DE ROXAS CR 25,000.00
PASONG TAMO CR 25,000.00
PEREA CR 25,000.00
RADA CR 25,000.00
RODRIGUEZ CR 25,000.00
SALCEDO CR 25,000.00
SORIA CR 25,000.00
SOTTO CR 25,000.00
AMORSOLO CONDOMINIUM AMORSOLO STREET CC 20,000.00
ALEXANDRE HOUSE CONDOMINIUM AMORSOLO STREET CC 20,000.00
CACHO GONZALES CONDOMINIUM AGUIRRE STREET CC 30,000.00
CATTLEYA CONDODIMINIUM SALCEDO STREET CC 30,000.00
CENTRUM CONDOMINIUM SALCEDO STREET CC 20,000.00
CITYLAND CONDOMINIUM HERRERA STREET CC 20,000.00
CONCORDE CONDOMINIUM SALCEDO STREET CC 20,000.00
CRISTINA CONDOMINIUM HERRERA STREET CC 20,000.00
CYPRESS CONDOMINIUM HERRERA STREET CC 20,000.00
EUROVILLA CONDOMINIUM HERRERA STREET CC 20,000.00
EPM TOURS CONDOMINIUM CC 20,000.00
FEDMAN SUITE CONDOMINIUM SALCEDO STREET CC 20,000.00
FIRST MIDLAND GAMBOA STREET CC 20,000.00
Page 56
RDO NO. 32-A - MAKATI WEST
D.O. No. 135-91
BARANGAY: LEGASPI VILLAGE (CONTINUATION) Effectivity Dat 31-Jul-92
--------------------------------------------- ----------------------------- ------------------ -----------------
CLASSI- 2ND REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------------------- ----------------------------- ------------------ -----------------
LEGASPI PARK VIEW LEGASPI STREET CC 20,000.00
LEGASPI TOWERS LEGASPI STREET CC 20,000.00
MAYFAIR MANSION PEREA STREET CC 20,000.00
MEDICAL TOWERS HERRERA STREET CC 20,000.00
PACIFIC BANK CONDOMINIUM CC 20,000.00
PRINCE PLAZA CONDOMINIUM DELA ROSA STREET CC 20,000.00
STATE CONDOMINIUM SALCEDO STREET CC 20,000.00
SUNRISE TERRACE PEREA STREET CC 20,000.00
VERNIDA CONDOMINIUM AMORSOLO STREET CC 25,000.00
W.W. CONDOMINIUM AGUIRRE STREET CC 20,000.00
WINDSOR TOWER LEGASPI STREET CC 20,000.00
ZETA CONDOMINIUM SALCEDO STREET CC 20,000.00
ASIAN MANSION CONDOMINIUM DELA ROSA STREET CC 30,000.00
PRINCE PLAZA GREENBELT CC 40,000.00
VERNIDA I CC 30,000.00
LTA BLDG. (OFFICE CONDOMINIUM) CC 30,000.00
GREENBELT MANSION PEREA STREET CC 30,000.00
MAKATI CINEMA PASONG TAMO CC 20,000.00
KING'S COURT CONDOMINIUM PASONG TAMO EXTENSI CC 20,000.00
ALL CONDOMINIUMS, TOWNHOUSES,
COMM'L AND IND'L BLDGS. CC/RC 30,000.00
Page 57
RDO NO. 32-A - MAKATI WEST
Page 58
RDO NO. 32-A - MAKATI WEST
D.O. No. 135-91
BARANGAY: PALANAN Effectivity Dat 31-Jul-92
--------------------------------------------- ----------------------------- ------------------ -----------------
CLASSI- 2ND 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
BERMEO RR 6,000.00
BIGASAN RR 6,000.00
BOYLE RR 6,000.00
CALATAGAN RR 6,000.00
CAMALIG RR 6,000.00
CASINO RR 6,000.00
CUENCA RR 6,000.00
CURRIE RR 6,000.00
DAYAP RR 6,000.00
DIAN RR 6,000.00
DIESEL RR 6,000.00
DORANGO RR 6,000.00
EMILIA RR 6,000.00
ENRIQUE RR 6,000.00
ENTHOVEN RR 6,000.00
FAHRENHEIT RR 6,000.00
FILMORE RR 6,000.00
FILMORE BUENDIA CR 6,500.00
FLORIDA RR 6,000.00
GUERNICA RR 6,000.00
HILARIO RR 6,000.00
IBARRA RR 6,000.00
JAVA RR 6,000.00
LAREDO RR 6,000.00
MADRAS RR 6,000.00
MAKILING RR 6,000.00
MARCONI RR 6,000.00
MATANZAS RR 6,000.00
NEGROS RR 6,000.00
OLIVARES RR 6,000.00
PUERTO RICO RR 6,000.00
PUERTO RICO APD*
QUIRINAL RR 6,000.00
QUIRINAL APD*
SENATOR GIL PUYAT CR 20,000.00
ALL CONDOMINIUMS, TOWNHOUSES,
COMM'L & IND'L BLDGS CC/RC 20,000.00
*APD:
N =ARELLANO STREET
E =OLIVARES STREET
S =CASINO STREET
W =BAUTISTA STREET
Page 59
RDO NO. 32-A - MAKATI WEST
D.O. No. 135-91
BARANGAY: ARNAIZ P. DEL PILAR NORTH Effectivity Dat 31-Jul-92
--------------------------------------------- ----------------------------- ------------------ -----------------
CLASSI- 2ND REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------------------- ----------------------------- ------------------ -----------------
ANTONIO RR 6,000.00
BERMEO RR 6,000.00
CUENCA RR 6,000.00
DAYAP RR 6,000.00
DE LA ROSA CR 20,000.00
E. JACINTO RR 6,000.00
E. RAMOS RR 6,000.00
FACUNDO RR 6,000.00
HERNANDO RR 6,000.00
HOOVER RR 6,000.00
J. VICTOR RR 6,000.00
JAVIER RR 6,000.00
M. OCAMPO RR 6,000.00
MCKINLEY RR 6,000.00
MEDINA RR 6,000.00
PASONG TAMO CR 20,000.00
PIO DEL PILAR CR 10,000.00
PIO DEL PILAR RR 6,000.00
ROOSEVELT RR 6,000.00
SANTILLAN RR 6,000.00
SENATOR GIL PUYAT CR 20,000.00
TINDALO CR 20,000.00
VILLAR RR 6,000.00
WASHINGTON RR 6,000.00
WILSON RR 6,000.00
CITYLAND CONDOMINIUM SEN GIL PUYAT AVENUE CC 30,000.00
CONDOMINIUMS/TOWNHOUSES,
COMMERCIAL AND INDUSTRIAL BUI SEN GIL PUYAT AVENUE CC/RC 30,000.00
OTHER CONDOMINIUMS/TOWNHOUSES,
COMMERCIAL AND INDUSTRIAL
BUILDINGS CC/RC 20,000.00
Page 60
RDO NO. 32-A - MAKATI WEST
D.O. No. 135-91
BARANGAY: ARNAIZ P. DEL PILAR SOUTH Effectivity Dat 31-Jul-92
--------------------------------------------- ----------------------------- ------------------ -----------------
CLASSI- 2ND REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------------------- ----------------------------- ------------------ -----------------
ARGUELLES RR 6,000.00
BATANGAS RR 6,000.00
CAPT. APOLINARIO RR 6,000.00
CAPT. M. REYES RR 6,000.00
CAPT. M. REYES CR 6,500.00
CUANGCO RR 6,000.00
DALLAS RR 6,000.00
MERRY CALON RR 6,000.00
PAREDES AVENUE RR 6,000.00
VALDERAMA RR 6,000.00
CITYLAND CONDOMINIUM SOUTH SUPERHIGHWAY CC 20,000.00
ALL CONDOMINIUMS, TOWNHOUSES,
COMM'L & IND'L BLDGS. CC/RC 20,000.00
Page 61
RDO NO. 32-A - MAKATI WEST
D.O. No. 135-91
BARANGAY: SAN ANTONIO VILLAGE Effectivity Dat 31-Jul-92
--------------------------------------------- ----------------------------- ------------------ -----------------
CLASSI- 2ND REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------------------- ----------------------------- ------------------ -----------------
AKLE RR 8,000.00
ANUBING RR 8,000.00
ARANGA RR 8,000.00
ARARO RR 8,000.00
BAGTIKAN RR 8,000.00
BAKAWAN RR 8,000.00
BANUYO RR 8,000.00
BATIKULIN RR 8,000.00
CALANTAS RR 8,000.00
CAMACHILE RR 8,000.00
CAONG RR 8,000.00
CATMON RR 8,000.00
DAO RR 8,000.00
DITA RR 8,000.00
DONGON RR 8,000.00
ESTRELLA AVENUE RR 8,000.00
KAMAGONG RR 8,000.00
LAWAAN RR 8,000.00
LUMBAYAO RR 8,000.00
LUMBAYAO APD*
MALUGAY RR 8,000.00
MAYAPIS RR 8,000.00
PASONG TAMO CR 20,000.00
SAMPALOC RR 8,000.00
SEN GIL PUYAT AVENUE CR 20,000.00
SOUTH SUPERHIGHWAY CR 15,000.00
ST. PAUL RR 8,000.00
TEKA RR 8,000.00
TALISAY RR 8,000.00
TANGUILE RR 8,000.00
YAKAL RR 8,000.00
SARMIENTO CONDOMINIUM YAKAL STREET CC 20,000.00
SUNSHINE CONDOMINIUM KAMAGONG STREET CC 20,000.00
TOWNHOUSE IPM HOMES I ST. PAUL STREET CC 20,000.00
SKYLAND PLAZA SEN GIL PUYAT AVENUE CC 30,000.00
CONDOMINIUMS/TOWNHOUSES,
COMM'L & IND'L BUILDINGS SEN GIL PUYAT AVENUE CC/RC 30,000.00
OTHER CONDOMINIUMS/TOWNHOUSES,
COMMERCIAL AND INDUSTRIAL
BUILDINGS CC/RC 20,000.00
*APD:
NE = LUMBAYAO STREET
SE = ST. PAUL STREET
SW = MAYAPIS STREET
NW = SAMPALOC STREET
Page 62
RDO NO. 32-A - MAKATI WEST
D.O. No. 135-91
BARANGAY: SAN ISIDRO Effectivity Dat 31-Jul-92
--------------------------------------------- ----------------------------- ------------------ -----------------
CLASSI- 2ND REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------------------- ----------------------------- ------------------ -----------------
A PIO DEL PILAR CR 10,000.00
ARAGON RR 6,500.00
ARSONVEL RR 6,500.00
BATANGAS RR 6,500.00
SEN. GIL PUYAT CR 20,000.00
BELL RR 6,500.00
BEN HARRISON RR 6,500.00
BOBROCK RR 6,500.00
BOLIVIA RR 6,500.00
BERNEO RR 6,500.00
BERNEO APD*
CAPT M REYES RR 6,500.00
CAPT M REYES CR 7,000.00
COPERNICUS RR 6,500.00
DALTON RR 6,500.00
DIAN RR 6,500.00
EINSTEINO RR 6,500.00
EVANGELISTA RR 6,500.00
FARADAY RR 6,500.00
FORD RR 6,500.00
GALVANI RR 6,500.00
GRANDEL RR 6,500.00
GUATEMALA RR 6,500.00
HAYES RR 6,500.00
HONDURAS RR 6,500.00
MARCONI RR 6,500.00
MORSE RR 6,500.00
NEWTON RR 6,500.00
NOBEL RR 6,500.00
PASTEUR RR 6,500.00
ROCHEFELLER RR 6,500.00
SAN ANTONIO RR 6,500.00
SENATOR GIL PUYAT CR 20,000.00
SOUTH SUPERHIGHWAY CR 20,000.00
URUGUAY RR 6,500.00
VANBUREN RR 6,500.00
VOLTA RR 6,500.00
ZANZIBAR APD*
FINLANDIA HOUSE CC 20,000.00
ALL CONDOMINIUMS, TOWNHOUSES,
COMM'L AND IND'L BLDGS. CC/RC 20,000.00
*APD:
N = URUGUAY STREET
E = ARTHUR STREET TO BUANGUINO PASSING THRU HONDURAS
S = HARRISON STREET
W = BATANGAS STREET
Page 63
RDO NO. 32-A - MAKATI WEST
D.O. No. 135-91
BARANGAY: SAN LORENZO Effectivity Dat 31-Jul-92
--------------------------------------------- ----------------------------- ------------------ -----------------
CLASSI- 2ND REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------------------- ----------------------------- ------------------ -----------------
ABELARDO RR 10,000.00
AMORSOLO RR 10,000.00
ANTONIO S ARNAIZ ROAD CR 30,000.00
APOSTOL RR 10,000.00
ARQUILLA RR 10,000.00
BALMORI RR 10,000.00
BRIONES RR 10,000.00
EDADES RR 10,000.00
ESTELLA RR 10,000.00
HERNANDEZ RR 10,000.00
HIDALGO RR 10,000.00
JOAQUIN RR 10,000.00
JUAN LUNA RR 10,000.00
LIPPAY RR 10,000.00
MALANTIO RR 10,000.00
NAKPIL RR 10,000.00
SEN GIL PUYAT AMORSOLO-DON BOSCO ED CR 25,000.00
PASONG TAMO CR 25,000.00
PONCE RR 10,000.00
ROCHA RR 10,000.00
SAN LORENZO DRIVE RR 10,000.00
TAMPINGCO RR 10,000.00
TOLENTINO RR 10,000.00
ZARAGOZA RR 10,000.00
ZIPPER RR 10,000.00
JACKSON CONDOMINIUM PASAY ROAD CC 20,000.00
ALL CONDOMINIUMS,TOWNHOUSES,
COMM'L AND IND'L BLDGS CC/RC 25,000.00
Page 64
RDO NO. 32-A - MAKATI WEST
D.O. No. 135-91
BARANGAY: MAKATI COMMERCIAL CENTER Effectivity Dat 31-Jul-92
--------------------------------------------- ----------------------------- ------------------ -----------------
CLASSI- 2ND REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------------------- ----------------------------- ------------------ -----------------
EDSA CR 50,000.00
EAST DRIVE CR 50,000.00
GREENBELT DRIVE CR 50,000.00
NORTH DRIVE CR 50,000.00
NORTH WEST MALL CR 50,000.00
POSTAL DRIVE CR 50,000.00
SOUTH DRIVE CR 50,000.00
SOUTH EAST DRIVE CR 50,000.00
WEST DRIVE CR 50,000.00
ALL CONDOMINIUMS, TOWNHOUSES,
COMM'L AND IND'L BLDGS. CC/RC 70,000.00
Page 65
RDO NO. 32-A - MAKATI WEST
D.O. No. 135-91
BARANGAY: CONDOMINIUMS Effectivity Dat 31-Jul-92
--------------------------------------------- ----------------------------- ------------------ -----------------
CLASSI- 2ND 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
EPM TOURS CONDOMINIUM LEGASPI VILLAGE CC 20,000.00
FEDMAN SUITE CONDOMINIUM SALCEDO, LEGASPI CC 20,000.00
FINLANDIA HOUSE SAN ISIDRO VILLAGE CC 20,000.00
FIRST MIDLAND GAMBOA ST,LEGASPI CC 20,000.00
GREENBELT MANSION PEREA ST, LEGASPI VILL CC 30,000.00
GALLERIA DE MAGALLANES MAGALLANES VILLAGE CC 30,000.00
RC 25,000.00
JACKSON CONDOMINIUM PASAY RD, SAN LORENZO CC 20,000.00
KING'S COURT CONDOMINIUM P TAMO EXT, LEGASPI CC 30,000.00
LEGAPI PARK VIEW LEGASPI ST, LEGASPI CC 20,000.00
LEGASPI TOWERS LEGASPI ST, LEGASPI CC 20,000.00
LTA BLDG (OFFICE CONDOMINIUM) LEGASPI VILLAGE CC 30,000.00
MAKATI CINEMA PASONG TAMO,LEGASPI CC 20,000.00
MAYFAIR MANSION PEREA ST, LEGASPI V CC 20,000.00
MEDICAL TOWERS HERRERA ST, LEGASPI CC 20,000.00
PACIFIC BANK CONDOMINIUM LEGASPI VILLAGE CC 20,000.00
PRINCE PLAZA GREENBELT,LEGASPI V CC 40,000.00
PRINZE PLAZA CONDOMINIUM DELA ROSA ST, LEGASPI CC 20,000.00
SARMIENTO CONDOMINIUM YAKAL ST, SAN ANTONIO CC 20,000.00
STATE CONDOMINIUM SALCEDO ST, LEGASPI CC 20,000.00
SUNRISE TERRACE PEREA ST, LEGASPI VILL CC 20,000.00
SUNSHINE CONDOMINIUM KAMAGONG ST, SAN ANT CC 20,000.00
SKYLAND PLAZA SEN G. PUYAT AVE., S CC 30,000.00
TOWNHOUSE IPM HOMES I ST. PAUL ST, SAN ANT CC 20,000.00
VERNIDA CONDOMINIUM AMORSOLO ST, LEGASPI CC 25,000.00
VERNIDA I LEGASPI VILLAGE CC 30,000.00
W.W. CONDOMINIUM AGUIRRE ST, LEGASPI CC 20,000.00
WINDSOR TOWER LEGASPI ST, LEGASPI CC 20,000.00
YULO PLAZA TOWNHOUSE PASONG TAMO, DASMARI CC 20,000.00
ZETA CONDOMINIUM SALCEDO ST., LEGASPI CC 20,000.00
========================= ================ ========== =========
i-3/apmd glrp
Page 66
REPUBLIC OF THE PHILIPPINES
DEPARTMENT OF FINANCE
MANILA
SUBJECT: AMENDMENT TO DEPARTMENT ORDER NO. 51-87 DATED MARCH 26, 1987
IMPLEMENTING THE REVISED ZONAL VALUES OF REAL PROPERTIES IN
THE MUNICIPALITY OF MAKATI FOR INTERNAL REVENUE TAX PURPOSES.
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.
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.
(Signed)
JESUS P. ESTANISLAO
Secretary of Finance
RECOMMENDED BY:
(Signed)
JOSE U. ONG
Commissioner of Internal Revenue
Page 67
DEFINITION OF TERMS
CLASSIFICATION LEGEND:
Page 68
RDO NO. 32A - WEST MAKATI
Page 69
RDO NO. 32A - WEST MAKATI
D.O. No. 19-90
BARANGAY: DASMARINAS VILLAGE Effectivity Dat 25-Apr-90
--------------------------------- ------------------------------ ------------------- --------------------------
CLASSI- 1ST REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------- ------------------------------ ------------------- --------------------------
AMORSOLO RR 10,000.00
CABALLERO RR 10,000.00
CALUMPANG RR 10,000.00
CAMPANILLA RR 10,000.00
CARISSA RR 10,000.00
CYPRESS RR 10,000.00
DASMARINAS AVENUE RR 10,000.00
GLADIOLA RR 10,000.00
GLORIOSA RR 10,000.00
GRANADA RR 10,000.00
KALACHUCHI RR 10,000.00
KALAMANSI RR 10,000.00
KALUMBANG RR 10,000.00
KAMIAS RR 10,000.00
KASOY RR 10,000.00
MABALO RR 10,000.00
MACOPA RR 10,000.00
MAGNOLIA RR 10,000.00
MAHOGANY ST RR 10,000.00
MILFLORES RR 10,000.00
PALM AVENUE RR 10,000.00
PALOMARIA RR 10,000.00
PARAISO RR 10,000.00
PARAISO AVE RR 10,000.00
PASONG TAMO EXT CR 12,000.00
POMELO RR 10,000.00
SAGU RR 10,000.00
SAMPAGUITA RR 10,000.00
SANTAN RR 10,000.00
SINEGUELAS RR 10,000.00
TAMARIND RR 10,000.00
Page 70
RDO NO. 32A - WEST MAKATI
D.O. No. 19-90
BARANGAY: LEGASPI VILLAGE Effectivity Dat 25-Apr-90
--------------------------------- ------------------------------ ------------------- --------------------------
CLASSI- 1ST REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------- ------------------------------ ------------------- --------------------------
ABELARDO CR 15,000.00
ADELANTADO CR 15,000.00
AGUIRRE CR 15,000.00
ALVARADO CR 15,000.00
AMORSOLO CR 15,000.00
AYALA AVENUE CC 20,000.00
BENAVIDEZ CR 15,000.00
BOLANOS CR 15,000.00
CASTRO CR 15,000.00
DELA ROSA CR 15,000.00
ESPERANZA CR 15,000.00
ESTEBAN CR 15,000.00
GALLARDO CR 15,000.00
GAMBOA CR 15,000.00
GIL CR 15,000.00
HERRERA CR 15,000.00
JIMENEZ CR 15,000.00
LEGASPI CR 15,000.00
CC 20,000.00
NIEVA CR 15,000.00
ORNAZA CR 15,000.00
PASEO DE ROXAS CR 15,000.00
PASONG TAMO CR 15,000.00
PEREA CR 20,000.00
RADA CR 15,000.00
RODRIGUEZ CR 15,000.00
SALCEDO CR 15,000.00
SORIA CR 15,000.00
SOTTO CR 15,000.00
Page 71
RDO NO. 32A - WEST MAKATI
D.O. No. 19-90
BARANGAY: MAGALLANES VILLAGE Effectivity Dat 25-Apr-90
--------------------------------- ------------------------------ ------------------- --------------------------
CLASSI- 1ST REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------- ------------------------------ ------------------- --------------------------
BEGONIA RR 8,000.00
ENCARNACION RR 8,000.00
GALERIA DE MAGA RC 15,000.00
HOMONHON RR 8,000.00
HUMABON RR 8,000.00
LAPU-LAPU AVENUE RR 8,000.00
LIMASAWA RR 8,000.00
MACTAN RR 8,000.00
MAGALLANES AVENUE RR 8,000.00
MAGALLANES CIRCLE RR 8,000.00
MAGDALENA AVENUE RR 8,000.00
MARGARITA RR 8,000.00
PASONG TAMO CR 10,000.00
ROSARIO RR 8,000.00
SAN ANTONIO RR 8,000.00
SAN CARLOS RR 8,000.00
SAN FELIPE RR 8,000.00
SAN GERONIMO RR 8,000.00
SAN GREGORIO RR 8,000.00
SAN MARTIN RR 8,000.00
SAN PABLO RR 8,000.00
SOCORRO RR 8,000.00
SANTA ANA RR 8,000.00
SANTA ROSA RR 8,000.00
TRINIDAD RR 8,000.00
VICTORIA RR 8,000.00
Page 72
RDO NO. 32A - WEST MAKATI
D.O. No. 19-90
BARANGAY: PALANAN Effectivity Dat 25-Apr-90
--------------------------------- ------------------------------ ------------------- --------------------------
CLASSI- 1ST REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------- ------------------------------ ------------------- --------------------------
AMPERE RR 4,000.00
ARARO RR 4,000.00
ARELLANO AVENUE RR 4,000.00
BAUTISTA RR 4,000.00
BERMEO RR 4,000.00
BIGASAN RR 4,000.00
BOYLE RR 4,000.00
CALATAGAN RR 4,000.00
CAMALIG RR 4,000.00
CASINO RR 4,000.00
CUENCA RR 4,000.00
CURRIE RR 4,000.00
DAYAP RR 4,000.00
DIAN RR 4,000.00
DIESEL RR 4,000.00
DORANGO RR 4,000.00
EMILIA RR 4,000.00
ENRIQUE RR 4,000.00
ENTHOVEN RR 4,000.00
FAHRENHEIT RR 4,000.00
FILMORE RR 4,000.00
FILMORE BUENDIA CR 4,500.00
FLORIDA RR 4,000.00
GUERNICA RR 4,000.00
HILARIO RR 4,000.00
IBARRA RR 4,000.00
JAVA RR 4,000.00
LAREDO RR 4,000.00
MADRAS RR 4,000.00
MAKILING RR 4,000.00
MARCONI RR 4,000.00
MATANZAS RR 4,000.00
NEGROS RR 4,000.00
OLIVARES RR 4,000.00
PUERTO RICO RR 4,000.00
QUIRINAL RR 4,000.00
SENATOR GIL PUYAT CR 12,000.00
PUERTO RICO * APD
QUIRINAL * APD
* N = ARELLANO STREET
E = OLIVARES STREET
S =CASINO STREET
W =BAUTISTA STREET
Page 73
RDO NO. 32A - WEST MAKATI
D.O. No. 19-90
BARANGAY: ARNAIZ P. DEL PILAR NORTH Effectivity Dat 25-Apr-90
--------------------------------- ------------------------------ ------------------- --------------------------
CLASSI- 1ST REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------- ------------------------------ ------------------- --------------------------
ANTONIO RR 3,750.00
BERMEO RR 4,000.00
CUENCA RR 4,000.00
DAYAP RR 4,000.00
DELA ROSA CR 15,000.00
E. JACINTO RR 3,750.00
E. RAMOS RR 4,000.00
FACUNDO RR 4,000.00
HERNANDO RR 4,000.00
HOOVER RR 4,000.00
J. VICTOR RR 3,750.00
JAVIER RR 4,000.00
M. OCAMPO RR 3,750.00
MCKINLEY RR 4,000.00
MEDINA RR 4,000.00
PASONG TAMO CR 10,000.00
PIO DEL P ILAR CR 7,000.00
ROOSEVELT RR 4,000.00
SANTILLAN RR 3,750.00
SEANTOR GIL PUYAT CR 12,000.00
TAYLO RR 4,500.00
TINDALO CR 15,000.00
VILLAR RR 4,000.00
WASHINGTON RR 4,000.00
WILSON RR 4,000.00
Page 74
RDO NO. 32A - WEST MAKATI
D.O. No. 19-90
BARANGAY: SAN ANTONIO VILLAGE Effectivity Dat 25-Apr-90
--------------------------------- ------------------------------ ------------------- --------------------------
CLASSI- 1ST REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------- ------------------------------ ------------------- --------------------------
AKLE RR 5,500.00
ANUBING RR 5,500.00
ABANGA RR 5,500.00
BAGTIKAN RR 5,500.00
BAKAWAN RR 5,500.00
BANUYO RR 5,500.00
PATICULIN RR 5,500.00
CALANTAS RR 5,500.00
CAMACHILE RR 5,500.00
CAONG RR 5,500.00
CATMON RR 5,500.00
DAO RR 5,500.00
DITA RR 5,500.00
DUNGON RR 5,500.00
ESTRELLA AVENUE RR 5,500.00
KAMAGONG RR 5,500.00
LAWAAN RR 5,500.00
LUMBAYAO RR 5,500.00
MALUGAY RR 5,500.00
MAYAPIS RR 5,500.00
PASONG TAMO RR 5,500.00
SAMPALOC RR 5,500.00
SOUTH SUPERHIGHWAY CR 10,000.00
SAINT PAUL RR 5,500.00
TEKA RR 5,500.00
TALISAY RR 5,500.00
TANGULE RR 5,500.00
YAKAL RR 5,500.00
LUMBAYAO* APD
*APD:
NE - LUMBAYAO STREET
SE - ST. PAUL STREET
SW-MAYAPIS STREET
NW-SAMPALOC STREET
Page 75
RDO NO. 32A - WEST MAKATI
D.O. No. 19-90
BARANGAY: SAN ISIDRO Effectivity Dat 25-Apr-90
--------------------------------- ------------------------------ ------------------- --------------------------
CLASSI- 1ST REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------- ------------------------------ ------------------- --------------------------
A PIO DEL PILAR CR 7,000.00
ARAGON RR 5,000.00
ARSONVEL RR 5,000.00
BATANGAS RR 5,000.00
BELL RR 5,000.00
BEN HARRISON RR 5,000.00
BOBCOCK RR 5,000.00
BOLIVIA RR 5,000.00
BORNEO RR 5,000.00
CAPT M REYES RR 5,000.00
CR 5,500.00
COPERNICUS RR 5,000.00
DALTON RR 5,000.00
DIAN RR 5,000.00
EINSTEINO RR 5,000.00
EVANGELISTA RR 5,000.00
FARADAY RR 5,000.00
FORD RR 5,000.00
GALVANI RR 5,000.00
GRANDEUR RR 5,000.00
GUATEMALA RR 5,000.00
HAYES RR 5,000.00
HONDURAS RR 5,000.00
MARCONI RR 5,000.00
MORSE ST RR 5,000.00
NEWTON RR 5,000.00
NOBEL RR 5,000.00
PASTEUR RR 5,000.00
ROCKEFELLER RR 5,000.00
SAN ANTONIO RR 5,000.00
SEN GIL PUYAT CR 10,000.00
SOUTH SUPERHIGHWAY CR 10,000.00
URUGUAY RR 5,000.00
VANFUREN RR 5,000.00
VOLTA RR 5,000.00
BORNEO * APD
ZANZIBAR * APD
* NE =URUGUAY STREET
SE =ARTHUR STREET TO BUANGUINO PASSING THRU HONDURAS
SW =HARRISON STREET
NW =BATANGAS STREET
Page 76
RDO NO. 32A - WEST MAKATI
D.O. No. 19-90
BARANGAY: SAN LORENZO Effectivity Dat 25-Apr-90
--------------------------------- ------------------------------ ------------------- --------------------------
CLASSI- 1ST REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------- ------------------------------ ------------------- --------------------------
ABELARDO RR 8,000.00
AMORSOLO RR 8,000.00
ANTONIO S ARNAIZ RD CR 15,000.00
APOSTOL RR 8,000.00
ARQUILLA RR 8,000.00
BALMORI RR 8,000.00
BRIONES RR 8,000.00
EDADES RR 8,000.00
ESTELA RR 8,000.00
HERNANDEZ RR 8,000.00
HIDALGO RR 8,000.00
JOAQUIN RR 8,000.00
JUAN LUNA RR 8,000.00
LIBBAY RR 8,000.00
MELANTIO RR 8,000.00
NAKPIL RR 8,000.00
PASONG TAMO CR 12,000.00
PONCE RR 8,000.00
ROCHA RR 8,000.00
SAN LORENZO DRIVE RR 8,000.00
TAMBINGCO RR 8,000.00
TOLENTINO RR 8,000.00
ZARAGOSA RR 8,000.00
ZIPPER RR 8,000.00
Page 77
RDO NO. 32A - WEST MAKATI
Page 78
RDO NO. 32A - WEST MAKATI
BARANGAY: CONDOMINIUMS
--------------------------------- ------------------------------ ------------------- --------------------------
CLASSI- 1ST REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
--------------------------------- ------------------------------ ------------------- --------------------------
CACHO GONZALES CONDO LV MKTI CC 17,500.00
CATTLEYA GARDENS CONDLV MKTI CC 17,500.00
CENTRUM COND LV MKTI CC 17,500.00
CITYLAND COND HERRERA ST LV CC 17,500.00
CONCORDE COND SALCEDO ST LV CC 17,500.00
CRISTINA COND LV MKTI CC 17,500.00
CYPRESS COND LV MKTI CC 17,500.00
EPM TOURS COND LV MKTI CC 17,500.00
EUROVILLA COND HERRERA ST LV CC 17,500.00
FINLANDIA TOWNHOMES SAN ISIDRO CC 17,500.00
FIRST MIDLAND GAMBOA ST LV CC 17,500.00
GALERIA DE MAGALANES MAGALLANES VIL CC 17,500.00
JACKSON COND PASAY RD SA LORENZO CC 17,500.00
LEGASPI PARK VIEW LV MKTI CC 17,500.00
LEGASPI TOWERS LV MKTI CC 17,500.00
MAKATI CINEMA P TAMO P DEL PILAR CC 17,500.00
MAYFAIR COND LV MKTI CC 17,500.00
MEDICAL TOWERS HERRERA ST LV CC 17,500.00
MIDLAND MANSIONS PASAY RD SN LORENZO CC 17,500.00
PACIFIC BANK COND LV MKIT CC 17,500.00
PRINCE PLAZA COND DELA ROSA LV MKTI CC 17,500.00
SARMIENTO COND YAKAL SN ANTONIO VIL CC 17,500.00
STATE COND SALCEDO ST LV CC 17,500.00
SUNRICE TERRACE PEREA ST LV CC 17,500.00
VERNIDA COND AMORSOLO ST LV CC 17,500.00
W W COND AGUIRRE ST LV CC 17,500.00
WINDSOR TOWER LEGASPI VIL CC 17,500.00
YULO PLAZA TOWNHOMES P TAMO P DEL PILAR CC 17,500.00
ZETA COND SALCEDO ST LV CC 17,500.00
================================ ========= =============
Page 79
CERTAIN GUIDELINES IN THE IMPLEMENTATION
OF ZONAL VALUATION OF REAL PROPERTIES FOR
RDO 32A WEST MAKATI
3. DIVISION OF A BARANGAY.
IN THE EVENT THAT AN ECISING BARANGAY IS DIVIDED INTO TWO OR MORE BARANGAYS,
THE ZONAL VALUES PRESCRIBED FOR THE EXISTING BARANGAY SHALL BE USED FOR THE
NEWLY CREATED BARANGAY.
4. COMMERCIAL.
Page 80
6. AREA FOR PRIORITY DEVELOPMENT (APD).
THE ZONAL VALUES ESTABLISHED HEREIN SHALL APPLY IN COMPUTING ALL INTERNAL
REVENUE TAXES PROVIDED THAT THE CAPITAL GAINS TAX FROM SALES, EXCHANGES, OR
OTHER DISPOSITIONS OF REAL PROPERTY LOCATED IN WEST MAKATI CLASSIFIED AS
CAPITAL ASSETS, INCLUDING "PACTO DE RETRO" SALES AND OTHER FORMS OF CONDITIONAL
SALES, BY INDIVIDUALS, ESTATES AND TRUSTS, SHALL BE TAXED AT THE RATE OF 5% BASED
ON THE GROSS SELLING PRICE, IF THE CONSIDERATION IS HIGHER THAN THE ZONAL VALUES
HEREIN ESTABLISHED.
Page 81
REPUBLIC OF THE PHILIPPINES
DEPARTMENT OF FINANCE
MANILA
In case the gross seling 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.
RECOMMENDED BY:
CLASSIFICATION LEGEND:
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
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:
1. APD - VALUE OF LAND UNDER APD IS P 500 / SQ. M.
A. N - URUGUAY ST
B. E - ARTHUR ST. TO BUAGINO PASSING THRU HONDURAS ST
C. S - HARRISON ST
D. W - BATANGAS ST
RDO NO. 32A - WEST MAKATI
D.O. No. 51-87
BARANGAY: SAN LORENZO Effectivity Date 09-Jun-87
------------------------------------ -------------------------------- -------------------- ---------------
CLASSI- INITIAL
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
------------------------------------ -------------------------------- -------------------- ---------------
AMORSOLO ST RR 1,600.00
APOSTOL ST RR 1,600.00
HIDALGO ST RR 1,600.00
JOAQUIN ST RR 1,600.00
MELANTIO ST RR 1,600.00
NAKPIL ST RR 1,600.00
PASAY ROAD AMORSOLO DON BOSCO - CR 3,000.00
PONCE ST RR 1,600.00
ROCHA ST RR 1,600.00
ZARAGOZA ST RR 1,600.00
ZULUETA CIRCLE RR 1,600.00
================== ================ ========== =======
CERTAIN GUIDELINES IN THE IMPLEMENTATION
OF ZONAL VALUES OF REAL PROPERTIES FOR
RDO 32 EAST MAKATI AND RDO 32A WEST MAKATI
4. DIVISION OF A BARANGAY.