RDO No. 47 - East Makati

NOTICE
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
Schedules of Zonal Values per Department Order (DO)

Effectivity Dates
DO No. Revision See Details on
From To
37-2021 7th 22-Dec-21 Present Sheet 8 (DO 37-21)
22-2017 6th 11-Jun-17 21-Dec-21 Sheet 7 (DO 22-17)

23-12 5th 17-Oct-12 10-Jun-17 Sheet 6 (DO 23-12)
65-97 4th 13-Jan-98 16-Oct-12 Sheet 5 (DO 65-97)
55-96 3rd 12-Jul-96 12-Jan-98 Sheet 4 (DO 55-96)
135-91 2nd 31-Jul-92 11-Jul-96 Sheet 3 (DO 135-91)
19-90 1st 25-Apr-90 30-Jul-92 Sheet 2 (DO 19-90)
51-87 Initial 9-Jun-87 24-Apr-90 Sheet 1 (DO 51-87)
BUREAU OF INTERNAL REVENUE
REVENUE REGION NO. 8A-MAKATI CITY
REVENUE DISTRICT OFFICE NO. 47-EAST MAKATI
PROVINCE: NCR
CITY/MUNICIPALITY: MAKATI CITY D.O. NO. 037-2021
BARANGAY: SAN LORENZO - AYALA CENTEREffecivity Date Dec. 22, 2021
STREET/SUBDIVISION/ CLASSIFICATI 7th REV.
TOWNHOUSES/ VICINITY
ON ZV / SQM
CONDOMINIUMS
EAST DRIVE AYALA CENTER CR 750,000.00
HIGHWAY DRIVE AYALA CENTER CR 750,000.00
HOTEL DRIVE AYALA CENTER CR 750,000.00
MAKATI DRIVE AYALA CENTER CR 750,000.00
NORTH DRIVE AYALA CENTER CR 750,000.00
OFFICE DRIVE AYALA CENTER CR 750,000.00
PARK SQUARE DRIVE AYALA CENTER CR 750,000.00
RIZAL DRIVE AYALA CENTER CR 750,000.00
SOUTH DRIVE AYALA CENTER CR 750,000.00
WEST DRIVE AYALA CENTER CR 750,000.00
THEATER DRIVE** AYALA CENTER CR 750,000.00
BARANGAY: SAN LORENZO (LEGAZPI VILLAGE)*

ON ZV / SQM
CONDOMINIUMS
A. ARNAIZ LEGASPI VILLAGE SIDE CR 600,000
SAN LORENZO VILLAGE SIDE CR 400,000
ADELANTADO LEGASPI VILLAGE CR 455,000
AGUIRRE LEGASPI VILLAGE CR 455,000
AMORSOLO ST. LEGASPI VILLAGE CR 550,000
AYALA AVENUE EDSA TO GIL PUYAT CR 940,000
BENAVIDEZ LEGASPI VILLAGE CR 455,000
X 455,000
BOLANOS LEGASPI VILLAGE CR 455,000
CARLOS PALANCA LEGASPI VILLAGE CR 455,000
CASTRO LEGASPI VILLAGE CR 455,000
DELA ROSA LEGASPI VILLAGE CR 475,000
ESPERANZA LEGASPI VILLAGE CR 455,000
ESTEBAN LEGASPI VILLAGE CR 455,000
GALLARDO LEGASPI VILLAGE CR 455,000
GAMBOA LEGASPI VILLAGE CR 455,000
GIL LEGASPI VILLAGE CR 455,000
GREENBELT LEGASPI VILLAGE CR 455,000
JIMENEZ LEGASPI VILLAGE CR 455,000
LEGASPI ST W/IN GREENBELT AREA CR 550,000
PASEO TO DE LA ROSA CR 455,000
X 455,000
MAKATI AVENUE LEGASPI VILLAGE CR 775,000
NIEVA LEGASPI VILLAGE CR 455,000
ORMAZA LEGASPI VILLAGE CR 455,000
PASEO DE ROXAS LEGASPI VILLAGE CR 710,000
X 455,000
PEREA LEGASPI VILLAGE CR 455,000
RADA LEGASPI VILLAGE CR 455,000
X 455,000
RODRIGUEZ LEGASPI VILLAGE CR 455,000
SALCEDO LEGASPI VILLAGE CR 455,000
X 455,000
SORIA LEGASPI VILLAGE CR 455,000
SOTTO LEGASPI VILLAGE CR 455,000
TRASIERRA LEGASPI VILLAGE CR 455,000
V.A. RUFINO LEGASPI VILLAGE CR 550,000
X- Institution,embassy,church and school
2
PROVINCE: NCR
BARANGAY: SAN LORENZO - SAN LORENZOEffecivity Date Dec. 22, 2021
TOWNHOUSES/ VICINITY ON ZV / SQM
CONDOMINIUMS
ABELARDO SAN LORENZO VILLAGE RR 200,000
AMORSOLO SAN LORENZO VILLAGE RR 200,000
APOSTOL SAN LORENZO VILLAGE RR 200,000
ARGUILLA SAN LORENZO VILLAGE RR 200,000
BALMORI SAN LORENZO VILLAGE RR 200,000
BRIONES SAN LORENZO VILLAGE RR 200,000
EDADES SAN LORENZO VILLAGE RR 200,000
ESTELA SAN LORENZO VILLAGE RR 200,000
HERNANDEZ SAN LORENZO VILLAGE RR 200,000
HIDALGO SAN LORENZO VILLAGE RR 200,000
JOAQUIN SAN LORENZO VILLAGE RR 200,000
JUAN LUNA SAN LORENZO VILLAGE RR 200,000
LIPPAY SAN LORENZO VILLAGE RR 200,000
MELANTIC SAN LORENZO VILLAGE RR 200,000
NACPIL SAN LORENZO VILLAGE RR 200,000
PONCE SAN LORENZO VILLAGE RR 200,000
ROCHA SAN LORENZO VILLAGE RR 200,000
SAN LORENZO DRIVE SAN LORENZO VILLAGE RR 245,000
TAMPINGCO SAN LORENZO VILLAGE RR 200,000
TOLENTINO SAN LORENZO VILLAGE RR 200,000
ZARAGOZA SAN LORENZO VILLAGE RR 200,000
ZIPPER SAN LORENZO VILLAGE RR 200,000
ZULUETA SAN LORENZO VILLAGE RR 200,000
INSTITUTION/SCHOOL SAN LORENZO VILLAGE X 250,000
X - Institution, embassy, church, and school
PROVINCE: NCR
CITY/MUNICIPALITY: MAKATI CITY
BARANGAY: SAN LORENZO
CONDOS/BUILDINGS
CONDOMINIUMS
6764 STI HOLDING CENTER* AYALA AVE CC 150,000
PS 105,000
6776 SECURITY BANK* AYALA AVE. CC 200,000
(FORMERLY PACIFIC BANK MAKATI CONDO) PS 140,000
III PASEO DE ROXAS PASEO DE ROXAS CC 105,000
PS 75,000
ALVEO FINANCIAL TOWER (neAYALA AVE CC 250,000
PS 175,000
AMORSOLO CONDOMINIUM AMORSOLO ST. RC 85,000
CC 100,000
PS 70,000
AMORSOLO MANSION AMORSOLO - V.A. RUFINO RC 85,000
CC 95,000
PS 70,000
ASIA TOWER PASEO DE ROXAS RC 170,000
CC 205,000
PS 145,000
ASIAN MANSION I DELA ROSA ST. RC 135,000
CC 155,000
PS 110,000
ASIAN MANSION II (CONDOTEDELA ROSA ST - NIEVA ST. RC 145,000
CC 170,000
PS 120,000
3
PROVINCE: NCR
BARANGAY SAN LORENZO Effecivity Date Dec. 22, 2021
CONDOMINIUMS
BASIC PETROLEUM BUILDING C. PALANCA ST. CC 100,000
(Dao II Condo) PS 70,000
BSA MANSION BENAVIDEZ ST. RC 145,000
CC 170,000
PS 120,000
BSA SUITES C. PALANCA ST. RC 145,000
CC 170,000
PS 120,000
BSA TOWER LEGASPI ST. RC 150,000
CC 180,000
PS 130,000
CACHO GONZALES AGUIRRE ST - TRASIERRA ST. CC 170,000
PS 120,000
CATTLEYA GARDENS C. PALANCA ST. RC 85,000
CC 100,000
PS 70,000
CATTLEYA I CONDOMINIUM SALCEDO ST. CC 95,000
PS 70,000
CENTURY PLAZA PEREA ST. RC 85,000
CC 100,000
PS 70,000
CITYLAND III V.A. RUFINO ST . RC 75,000
(HERRERA ST) CC 90,000
PS 65,000
CONCORDE CONDOMINIUM SALCEDO ST- BENAVIDEZ ST CC 90,000
PS 65,000
CORINTHIAN PLAZA PASEO DE ROXAS CC 125,000
PS 90,000
CORPORATE BUSINESS PASEO DE ROXAS COR CC 95,000.00
CENTER* ARNAIZ PS 70,000
CRISTINA CONDOMINIUM LEGASPI ST . RC 105,000
(HERRERA ST.) CC 125,000
PS 90,000
CYA LAND RADA ST. CC 95,000
PS 70,000
CYPRESS GARDENS V.A. RUFINO ST RC 85,000
(HERRERA ST) CC 100,000
PS 70,000
DAO I CONDOMINIUM SALCEDO ST. CC 90,000
PS 65,000
DONA ANGELA'S GARDEN C. PALANCA ST. RC 85,000
CC 100,000
PS 70,000
ELECTRA HOUSE ESTEBAN ST. CC 95,000
PS 70,000
ETON PARKVIEW GREENBELT GAMBOA ST. RC 195,000
CC 225,000
PS 160,000
EUROVILLA CONDOMINIUM I V.A. RUFINO ST (HERRERA ST) RC 95,000
CC 110,000
PS 80,000
EUROVILLA CONDOMINIUM IIV.A. RUFINO ST. RC 95,000
CC 110,000
PS 80,000
4
PROVINCE: NCR
ON ZV / SQM
CONDOMINIUMS
EXCHANGE CORNER AT LEGASP V.A. RUFINO-BOLANOS STS. CC 95,000
PS 70,000
FEDMAN SUITE CONDOMINI SALCEDO ST CC 100,000
PS 70,000
FELIZA BUILDING V.A. RUFINO ST. CC 100,000
PS 70,000
FIRST MIDLAND** GAMBOA ST. CC 105,000
PS 75,000
FIRST CITYLAND CONDOMINI RADA ST. CC 90,000
(FORMERLY FIRST CAPITAL CONDOMINIUM) PS 65,000
GERVASIA CORP. CENTER AMORSOLO ST CC 75,000
PS 55,000
GARDEN TOWER I EAST ST., AYALA CENTER RC 240,000
CC 315,000
PS 225,000
GARDEN TOWER II EAST ST., AYALA CENTER RC 290,000
(New) CC 345,000
PS 245,000
GREENBELT CHANCELLOR RADA ST. RC 175,000
CC 205,000
PS 145,000
GREENBELT HAMILTON LEGASPI ST. RC 195,000
(NEW) CC 235,000
PS 165,000
GREENBELT EXCELSIOR C. PALANCA ST. RC 160,000
CC 190,000
PS 135,000
GREENBELT MADISON (FERROSALCEDO ST. RC 175,000
CC 205,000
PS 145,000
GREENBELT MANSION PEREA ST. RC 100,000
CC 130,000
PS 95,000
GREENBELT PARK PLACE C. PALANCA ST. RC 180,000
CC 210,000
PS 150,000
GREENBELT RADISONS AGUIRRE ST. RC 175,000
CC 205,000
PS 145,000
JACKSON BUILDING* A. ARNAIZ AVE. CC 95,000
PS 70,000
KL MOSAIC GAMBOA ST. RC 205,000
CC 240,000
PS 170,000
KROMA TOWER DELA ROSA ST. RC 195,000
CC 230,000
PS 165,000
LA MAISON RADA RADA ST. RC 115,000
CONDOMINIUM CC 140,000
PS 100,000
LEGASPI PARK VIEW LEGASPI ST. RC 125,000
CONDOMINIUM CC 150,000
PS 105,000
LEGASPI SUITES SALCEDO ST. RC 125,000
CC 150,000
PS 105,000
5
PROVINCE: NCR
ON ZV / SQM
CONDOMINIUMS
LEGASPI TOWER 100 LEGASPI ST. RC 95,000
CC 110,000
PS 80,000
LEGASPI TOWER 200 PASEO DE ROXAS RC 105,000
CC 125,000
PS 90,000
LPL SUITES GREENBELT LEGASPI ST. RC 85,000
CC 100,000
PS 70,000
LPL TOWER LEGASPI ST. RC 85,000
CC 100,000
PS 70,000
LTA CONDOMINIUM PEREA ST. CC 105,000
PS 75,000
PARKFORD SUITES LEGAZPI GAMBOA ST. COR. SALCEDO ST. RC 310,000
(NEW) CC 370,000
PS 260,000
MAN TOWER ONE* LEGASPI ST. RC 195,000
CC 230,000
PS 165,000
MAKATI DIAMOND RESIDENC LEGASPI ST. CC 255,000
(NEW) PS 180,000
MAYFAIR MANSION PEREA ST. RC 95,000
CC 110,000
PS 80,000
MEDICAL PLAZA MAKATI AMORSOLO ST/DELA ROSA ST. RC 100,000
CC 120,000
PS 85,000
MEDICAL TOWERS V.A. RUFINO ORMAZA ST (HERRE CC 110,000
PS 80,000
MGF CHAMPACA AMOSOLO ST. RC 90,000
CC 110,000
PS 80,000
MIDLAND MANSIONS A. ARNAIZ AVE. -BENAVIDEZ ST RC 115,000
CC 135,000
PS 95,000
MONTEPINO BUILDING AMOSOLO ST-GAMBOA RC 105,000
CC 125,000
PS 90,000
MOSAIC TOWER TRASIERRA cor AGUIRRE STS. RC 195,000
CC 230,000
PS 165,000
ODC INTERNATIONAL PLAZA SALCEDO ST. RC 105,000
CC 125,000
PS 90,000
ONE CORPORATE PLAZA** A. ARNAIZ AVE. CC 105,000
PS 75,000
ONE LEGASPI PARK RADA ST. RC 160,000
CC 190,000
PS 135,000
ASTORIA GREENBELT A. ARNAIZ AVE. RC 85,000
(FORMERLY ONE ROMAN SUITES) CC 100,000
PS 70,000
OPL BUILDING C. PALANCA ST. RC 105,000
CC 125,000
PS 90,000
6
PROVINCE: NCR
ON ZV / SQM
CONDOMINIUMS
PARK TERRACES A. ARNAIZ AVE. RC 300,000
CC 360,000
PS 255,000
PERLA MANSION C. PALANCA ST RC 135,000
CC 160,000
PS 115,000
PRINCE PLAZA I LEGASPI ST RC 125,000
CC 150,000
PS 105,000
PRINCE PLAZA II DELA ROSA ST. RC 135,000
CC 160,000
PS 115,000
RADA REGENCY CONDOMINI RADA ST / DELA ROSA ST RC 120,000
CC 145,000
PS 105,000
RCI BUILDING RADA ST. RC 75,000
CC 90,000
PS 65,000
RUFINO PACIFIC TOWERS AYALA AVE. CC 245,000
PS 175,000
SSS BLDG.* AYALA AVENUE CC 205,000
PS 145,000
SALUSTIANA D. TY TOWER PASEO DE ROXAS CC 95,000
PS 70,000
SENTA MAKATI CONDOMINI LEGASPI ST. RC 225,000
CC 265,000
PS 190,000
SOMERSET MILLENIUM EXEC. AGUIRRE ST. RC 155,000
CC 185,000
PS 130,000
STATE CONDOMINIUM I SALCEDO ST. RC 105,000
CC 130,000
PS 95,000
STATE CONDOMINIUM II AGUIRRE ST (SALCEDO ST) CC 155,000
PS 110,000
SUNRISE TERRACES APARTMEPERREA ST. RC 155,000
CC 185,000
PS 130,000
THE BILTMORE CONDOMINI AGUIRRE ST. RC 185,000
CC 220,000
PS 155,000
THE COLONADE RESIDENCES LEGASPI ST. RC 135,000
CC 160,000
PS 115,000
THE COLUMNS LEGASPI A. ARNAIZ AVE- RC 175,000
AMORSOLO CC 210,000
PS 150,000
THE ENTERPRISE CENTER AYALA AVE CC 250,000
PS 175,000
THE ETON RESIDENCES LEGASPI ST. RC 190,000
CC 225,000
PS 160,000
THE FRABELLA I CONDOMINI RADA ST. RC 155,000
(FRABELLA I) CC 180,000
PS 130,000
THE GRAND MIDORI LEGASPI ST. RC 185,000
CC 220,000
7
PROVINCE: NCR
ON ZV / SQM
CONDOMINIUMS
THE PALISADES CONDOMINI PEREA ST. RC 180,000
CC 220,000
PS 155,000
THE RAFFLES RESIDENCES MAKATI AVE COR RC 295,000
A. ARNAIZ AVE. CC 345,000
PS 245,000
THE RENAISSANCE CONDOMI SALCEDO ST RC 145,000
CC 170,000
PS 120,000
THE RESIDENCES AT A. ARNAIZ AVE. RC 230,000
GREENBELT (TRAG TOWER) CC 275,000
PS 195,000
THE SHANG GRAND TOWER PEREA ST. RC 230,000
CC 270,000
PS 190,000
TORRE DE SALCEDO SALCEDO ST. RC 115,000
CC 140,000
PS 100,000
TROPICAL PALMS BUILDING DELA ROSA ST - PEREA ST. RC 135,000
CC 160,000
PS 115,000
TWIN CITIES CONDO* 110 LEGASPI ST. RC 100,000
CC 120,000
PS 85,000
UNIVERSAL RE CONDOMINIU PASEO DE ROXAS / RC 95,000
PEREA ST. CC 110,000
PS 80,000
VALUEPOINT EXEC. APARTME SALCEDO ST RC 105,000
CC 125,000
PS 90,000
VERNIDA I BUILDING AMORSOLO ST. RC 125,000
CC 150,000
PS 105,000
VGP BLDG.( MANILABANK)* AYALA AVENUE CC 150,000
PS 105,000
VM CONDO* 146 AMORSOLO ST. RC 75,000
CC 90,000
PS 65,000
WINDSOR TOWER** LEGASPI ST. CC 110,000
PS 80,000
ZARAGOSA BUILDING TRASIERRA-SORIA ST CC 155,000
PS 110,000
ZETA II CONDO (ZETA COND.) SALCEDO ST. CC 105,000
PS 75,000
8
CERTAIN GUIDELINES IN THE IMPLEMENTATION OF

ZONAL VALUATION OF REAL PROPERTIES FOR
REVENUE DISTRICT OFFICE NO. 47 - EAST MAKATI CITY
1. NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION OF REAL PROPERTY
WHEREIN THE APPROVED 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
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.
2. PREDOMINANT USE OF PROPERTY.
a.) ALL REAL PROPERTIES, REGARDLESS OF ACTUAL USE, LOCATED IN A STREET/BARANGAY/ZONE, THE USE OF
WHICH ARE PREDOMINANTLY COMMERCIAL SHALL BE CLASSIFIED AS "COMMERCIAL" FOR PURPOSES 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 PURPOSES OF ZONAL VALUATION.
3. ZONAL VALUES OF CONDOMINIUM UNIT/TOWNHOUSE:
IF THE TITLE OF A PARTICULAR CONDOMINIUM UNIT/TOWNHOUSE IS -
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.
THE GROUND FLOOR OF THE RESIDENTIAL CONDOMINIUM SHALL BE CLASSIFIED AS COMMERCIAL AND
TWENTY PERENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED THERETO.
4. AREAS FOR PRIORITY DEVELOPMENT(APD).
THESE ARE AREAS IDENTIFIED AS AREAS FOR PRIORITY DEVELOPMENT CERTIFIED TO AS SUCH BY
THE HOUSING AND LAND USE REGULATORY BOARD (HLURB). 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.
5. DIVISION OF A BARANGAY
IN THE EVENT THAT AN EXISTING BARANGAY IS DIVIDED INTO TWO OR MORE BARANGAYS, THE ZONAL
VALUE PRESCRIBED FOR THE EXISTING BARANGAY SHALL BE USED FOR THE NEWLY CREATED BARANGAY
6. PARKING SLOT (PS)
IF NO ZONAL VALUE HAS BEEN PRESCRIBED FOR PARKING SLOTS, THE VALUE SHOULD BE 60% OF THE
AMOUNT OF THE UNIT SOLD
7. INSTITUTION (X)
THESE ARE AREAS FOR SCHOOL, HOSPITAL AND CHURCHES. IF NO ZONAL VALUE HAS BEEN PRESCRIBED,
THE COMMERCIAL VALUE OF THE PROPERTY NEAREST TO THE INSTITUTION, WITHIN THE SAME BARANGAY
AND STREET SHALL BE USED
9
8. ZONAL VALUE OR 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 DOCUEMNTARY STAMP TAXES) DUE ON
SALES, EXCHANGES, OR OTHER DISPOSITIONS OF REAL PROPERTY. PROVIDED , THAT THE SAME IS HIGHER
THAN (1) THE FAIR MARKET VALUES 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.
I-3/apmd - fpt (12-03-21)
10
Republic of the Philippines
DEPARTMENT OF FINANCE
DEPARTMENT ORDER NO. 022 - 2017

April 12, 2017
SUBJECT : IMPLEMENTATION OF THE REVISED SCHEDULE OF ZONAL

VALUES OF REAL PROPERTIES IN THE CITY OF MAKATI,
NATIONAL CAPITAL REGION (6th Revision), WITHIN THE
JURISDICTION OF REVENUE DISTRICT OFFICE NO. 47 - EA
MAKATI FOR INTERNAL REVENUE TAX PURPOSES.
TO : All Internal Revenue Officers and Others Concerned
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.
This Order shall take effect immediately.
(Original Singed)
CARLOS G. DOMINGUEZ III
Secretary of Finance
RECOMMENDED BY:
(Original Signed)
CAESAR R. DULAY
Commissioner of Internal Revenue
DEFINITION OF TERMS
RESIDENTIAL LAND/CONDOMINIUM PRINCIPALLY DEVOTED TO HABITATION.

COMMERCIAL LAND 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,
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. MUST NOT BE LESS THAN 5,000 SQUARE METERS.
CONDOMINIUM IS AN INTEREST IN REAL PROPERTY CONSISTING OF A SEPARATE
INTERESTS IN A UNIT A RESIDENTIAL, INDUSTRIAL OR
COMMERCIAL BUILDING OR IN AN INDUSTRIAL ESTATE AND AN
UNDIVIDED INTERESTS IN COMMON, DIRECTLY AND INDIRECTLY,
IN THE LAND OR THE APPURTENANT INTEREST OF THEIR
RESPECTIVE UNITS IN THE COMMON AREAS.
VICINITY MEANS AN AREA, LOCALITY, NEIGHBORHOOD OR DISTRICT
ABOUT, NEAR, ADJACENT PROXIMATE OR CONTIGUOUS TO A
STREET BEING LOCATED.
CLASSIFICATION LEGEND:
CODE CLASSIFICATION CODE CLASSIFICATION

RR Residential Regular GL Governmenrt Land
CR Comemrcial Regular GP General Purposes
RC Residential Condominiu I Industrial
CC Commercial Condomin X Institutional
CL Cemetery Lot APD Area for Priority Development
A Agricultural PS Parking Slot
AGRICULTURAL LANDS
A1 Riceland Irrigated A26 Bamboo Land
A2 Riceland Unirrigated A27 Peanut Land
A3 Upland A28 Soy beans Land
A4 Coco Land A29 Grape vineyard
A5 Citrus Land A30 Pepper Land
A6 Fishpond A31 Mineral Land
A7 Swamp A32 Non Metallic mineral Land
A8 Nipa Land A33 Coal Deposit
A9 Cotton Land A34 African Oil Land
A10 Cogon A35 Rubber Land
A11 Abaca Land A36 Forest Land/Timber Land
A12 Orchard A37 Horticultural Land
A13 Pineapple Land A38 Salt Beds
A14 Banana Land A39 Seashore
A15 Pasture Land A40 Resort
A16 Corn Land A41 Sandy/Stony
A17 Sugar Land A42 Prawn pond
A18 Tobacco Land A43 Sorghum
A19 Cacao A44 Ipil-ipil
A20 Lanzones A45 Kangkong
A21 Durian A46 Zarate
A22 Rambutan A47 Vegetable Land
A23 Mango A48 Coffee
A24 Mangrove A49 Mountainous / Hilly Areas
A25 Camote/Cassava A50 Other Agricultural Lands
REVENUE REGION NO. 8-MAKATI CITY
SCHEDULE OF REVISED ZONAL VALUES OF REAL PROPERTIES (6TH REVISION)
PROVINCE NATIONAL CAPITAL REGION

City/Municipality MAKATI CITY
Zone/Barangay SAN LORENZO
D.O. NO. 022 - 2017
BARANGAY: SAN LORENZO - AYALA CENTER * Effectivity Date
June 11, 2017
6TH REV
STREET/SUBDIVISION VICINITY CLASSIFICATION
ZV/SQ/M

THEATER DRIVE** AYALA CENTER CR 500,000.00
* GIVEN A SEPARATE CLASSIFICATION IN THE 6TH REVISION
** NEW STREET
D.O. NO. 022 - 2017
BARANGAY: SAN LORENZO ( LEGASPI VILLAGE ) * Effectivity Date
June 11, 2017
6TH REV
ZV/SQ/M
A. ARNAIZ LEGASPI VILLAGE SIDE CR 320,000.00
SAN LORENZO VILLAGE SIDE CR 280,000.00
ADELANTADO LEGASPI VILLAGE CR 300,000.00
AGUIRRE LEGASPI VILLAGE CR 300,000.00
AMORSOLO ST. LEGASPI VILLAGE CR 320,000.00
AYALA AVENUE EDSA TO PASEO CR 550,000.00
PASEO TO GIL PUYAT CR 500,000.00
BENAVIDEZ LEGASPI VILLAGE CR 300,000.00
X 300,000.00
BOLANOS LEGASPI VILLAGE CR 300,000.00
CARLOS PALANCA LEGASPI VILLAGE CR 300,000.00
CASTRO LEGASPI VILLAGE CR 300,000.00
DELA ROSA LEGASPI VILLAGE CR 400,000.00
ESPERANZA LEGASPI VILLAGE CR 300,000.00
ESTEBAN LEGASPI VILLAGE CR 300,000.00
GALLARDO LEGASPI VILLAGE CR 300,000.00
GAMBOA LEGASPI VILLAGE CR 300,000.00
GIL LEGASPI VILLAGE CR 300,000.00
GREENBELT LEGASPI VILLAGE CR 450,000.00
JIMENEZ LEGASPI VILLAGE CR 300,000.00
LEGASPI ST W/IN GREENBELT AREA CR 420,000.00
PASEO TO DE LA ROSA CR 400,000.00
X 400,000.00
MAKATI AVENUE LEGASPI VILLAGE CR 500,000.00
NIEVA LEGASPI VILLAGE CR 300,000.00
ORMAZA LEGASPI VILLAGE CR 300,000.00
PASEO DE ROXAS LEGASPI VILLAGE CR 450,000.00
X 450,000.00
PEREA LEGASPI VILLAGE CR 300,000.00
RADA LEGASPI VILLAGE CR 300,000.00
X 300,000.00
RODRIGUEZ LEGASPI VILLAGE CR 300,000.00
SALCEDO LEGASPI VILLAGE CR 400,000.00
X 400,000.00
SORIA LEGASPI VILLAGE CR 300,000.00
SOTTO LEGASPI VILLAGE CR 300,000.00
TRASIERRA LEGASPI VILLAGE CR 300,000.00
V.A. RUFINO LEGASPI VILLAGE CR 400,000.00
X- Institution,embassy,church and school

* GIVEN A SEPARATE CLASSIFICATION IN THE 6TH REVISION AS LEGASPI VILLAGE
D.O. NO. 022 - 2017
BARANGAY: SAN LORENZO (SAN LORENZO VILLAGE ) Effectivity Date
June 11, 2017
6TH REV
ZV/SQ/M
ABELARDO SAN LORENZO VILLAGE RR 160,000.00
AMORSOLO SAN LORENZO VILLAGE RR 130,000.00
APOSTOL SAN LORENZO VILLAGE RR 160,000.00
ARGUILLA SAN LORENZO VILLAGE RR 130,000.00
BALMORI SAN LORENZO VILLAGE RR 160,000.00
BRIONES SAN LORENZO VILLAGE RR 160,000.00
EDADES SAN LORENZO VILLAGE RR 160,000.00
ESTELA SAN LORENZO VILLAGE RR 160,000.00
HERNANDEZ SAN LORENZO VILLAGE RR 160,000.00
HIDALGO SAN LORENZO VILLAGE RR 160,000.00
JOAQUIN SAN LORENZO VILLAGE RR 160,000.00
JUAN LUNA SAN LORENZO VILLAGE RR 160,000.00
LIPPAY SAN LORENZO VILLAGE RR 160,000.00
MELANTIC SAN LORENZO VILLAGE RR 160,000.00
NACPIL SAN LORENZO VILLAGE RR 160,000.00
PONCE SAN LORENZO VILLAGE RR 160,000.00
ROCHA SAN LORENZO VILLAGE RR 160,000.00
SAN LORENZO DRIVE SAN LORENZO VILLAGE RR 200,000.00
TAMPINGCO SAN LORENZO VILLAGE RR 160,000.00
TOLENTINO SAN LORENZO VILLAGE RR 160,000.00
ZARAGOZA SAN LORENZO VILLAGE RR 160,000.00
ZIPPER SAN LORENZO VILLAGE RR 160,000.00
ZULUETA SAN LORENZO VILLAGE RR 160,000.00
INSTITUTION/SCHOOL SAN LORENZO VILLAGE X 200,000.00
X - Institution, embassy, church, and school

* GIVEN A SEPARATE CLASSIFICATION IN THE 6TH REVISION AS SAN LORENZO VILLAGE
D.O. NO. 022 - 2017
BARANGAY: SAN LORENZO Effectivity Date
June 11, 2017
6TH REV
ZV/SQ/M
6750* AYALA AVE CC 180,000.00
PS ***
6756 BANKMER BLDG.* AYALA AVENUE CC 120,000.00
PS ***
6762 NATIONAL LIFE* AYALA AVENUE CC 120,000.00
PS ***
6764 STI HOLDING CENTER* AYALA AVE CC 120,000.00
PS ***
6776 SECURITY BANK* AYALA AVE. CC 165,000.00
(FORMERLY PACIFIC BANK PS ***
MAKATI CONDO)
6778 METRO BANKCARD * AYALA AVE CC 160,000.00
PS ***
6780 JAKA* AYALA AVE CC 170,000.00
- PS ***
6788 MAKATI SKY PL AZA* AYALA AVE CC 180,000.00
PS ***
III PASEO DE ROXAS PASEO DE ROXAS CC 80,000.00
PS ***
ALL SEASONS BUILDING AGUIRRE ST. CC 70,000.00
PS ***
AMORSOLO CONDOMINIUM AMORSOLO ST. RC 60,000.00
CC 70,000.00
PS ***
AMORSOLO MANSION AMORSOLO - V.A. RUFINO RC 60,000.00
CC 70,000.00
PS ***
ASIA TOWER PASEO DE ROXAS RC 100,000.00
CC 120,000.00
PS ***
ASIAN MANSION I DELA ROSA ST. RC 65,000.00
CC 75,000.00
PS ***
ASIAN MANSION II DELA ROSA ST - NIEVA ST. RC 90,000.00
(CONDOTEL) CC 100,000.00
PS ***
ASIAN REINSURANCE GAMBOA / SALCEDO STS. CC 75,000.00
PS ***
BASIC PETROLEUM BUILDING C. PALANCA ST. CC 80,000.00
PS ***
BSA MANSION BENAVIDEZ ST. RC 80,000.00
CC 95,000.00
PS ***
BSA SUITES C. PALANCA ST. RC 85,000.00
CC 95,000.00
PS ***
D.O. NO. 022 - 2017
June 11, 2017
6TH REV
ZV/SQ/M
BSA TOWER LEGASPI ST. RC 100,000.00
CC 120,000.00
PS ***
CACHO GONZALES AGUIRRE ST - TRASIERRA ST. RC 60,000.00
CC 70,000.00
PS ***
CATTLEYA GARDENS C. PALANCA ST. RC 60,000.00
CC 70,000.00
PS ***
CATTLEYA I CONDOMINIUM SALCEDO ST. RC 60,000.00
CC 70,000.00
PS ***
CENTURY PLAZA PEREA ST. RC 60,000.00
CC 70,000.00
PS ***
CITYLAND III V.A. RUFINO ST . RC 60,000.00
(HERRERA ST) CC 70,000.00
PS ***
CONCORDE CONDOMINIUM SALCEDO ST- BENAVIDEZ ST CC 70,000.00
PS ***
CORINTHIAN PLAZA PASEO DE ROXAS CC 90,000.00
PS ***
CORPORATE BUSINESS PASEO DE ROXAS COR CC 70,000.00
CENTER* ARNAIZ PS ***
CRISTINA CONDOMINIUM LEGASPI ST . RC 65,000.00
(HERRERA ST.) CC 75,000.00
PS ***
CYA LAND RADA ST. CC 70,000.00
PS ***
CYPRESS GARDENS V.A. RUFINO ST RC 65,000.00
(HERRERA ST) CC 75,000.00
PS ***
DAO I CONDOMINIUM SALCEDO ST. CC 65,000.00
PS ***
DONA ANGELA'S GARDEN C. PALANCA ST. RC 65,000.00
CC 75,000.00
PS ***
ELECTRA HOUSE ESTEBAN ST. RC 65,000.00
CC 75,000.00
PS ***
ETON PARKVIEW GREENBELT GAMBOA ST. RC 140,000.00
CC 180,000.00
PS ***
EUROVILLA CONDOMINIUM I V.A. RUFINO ST (HERRERA ST) RC 65,000.00
CC 75,000.00
PS ***
D.O. NO. 022 - 2017
BARANGAY: SAN LORENZO (continuation) Effectivity Date
June 11, 2017
6TH REV
ZV/SQ/M
EUROVILLA CONDOMINIUM II V.A. RUFINO ST. RC 65,000.00
CC 75,000.00
PS ***
EXCHANGE CORNER AT LEGASPI B V.A. RUFINO-BOLANOS STS. CC 70,000.00
PS ***
FEDMAN SUITE CONDOMINIUM SALCEDO ST RC 65,000.00
CC 75,000.00
PS ***
FELIZA BUILDING V.A. RUFINO ST. CC 65,000.00
PS ***
FIRST MIDLAND** GAMBOA ST. CC 65,000.00
PS ***
FIRST CAPITAL CONDOMINIUM RADA ST. CC 80,000.00
PS ***
GERVASIA CORP. CENTER AMORSOLO ST CC 60,000.00
PS ***
GARDEN TOWER I EAST ST., AYALA CENTER RC 180,000.00
(NEW) CC 250,000.00
PS ***
GREENBELT CHANCELLOR RADA ST. RC 120,000.00
CC 135,000.00
PS ***
GREENBELT HAMILTON LEGASPI ST. RC 150,000.00
(NEW) CC 180,000.00
PS ***
GREENBELT EXCELSIOR C. PALANCA ST. RC 120,000.00
CC 135,000.00
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.
D.O. NO. 022 - 2017
June 11, 2017
6TH REV
ZV/SQ/M
GREENBELT MADISON (FERROS) SALCEDO ST. RC 120,000.00
CC 135,000.00
PS ***
GREENBELT MANSION PEREA ST. RC 70,000.00
CC 80,000.00
PS ***
GREENBELT PARK PLACE C. PALANCA ST. RC 120,000.00
CC 135,000.00
PS ***
GREENBELT RADISONS AGUIRRE ST. RC 110,000.00
CC 120,000.00
PS ***
JACKSON BUILDING* A. ARNAIZ AVE. CC 63,000.00
PS ***
KL MOSAIC GAMBOA ST. RC 120,000.00
CC 135,000.00
PS ***
KROMA TOWER DELA ROSA ST. RC 130,000.00
(NEW) CC 150,000.00
PS ***
LA MAISION RADA RADA ST. RC 80,000.00
CONDOMINIUM CC 90,000.00
PS ***
LAZATIN DELA ROSA ST. CC 65,000.00
PS ***
LEGASPI PARK VIEW LEGASPI ST. RC 80,000.00
CONDOMINIUM CC 100,000.00
- PS ***
LEGASPI PLACE ADELANTADO ST. RC 120,000.00
CC 135,000.00
PS ***
LEGASPI SUITES SALCEDO ST. RC 80,000.00
CC 90,000.00
PS ***
LEGASPI TOWER 100 LEGASPI ST. RC 65,000.00
CC 75,000.00
PS ***
LEGASPI TOWER 200 PASEO DE ROXAS RC 65,000.00
CC 75,000.00
PS ***
LPL SUITES GREENBELT LEGASPI ST. RC 60,000.00
CC 70,000.00
PS ***
* BUILDING STILL EXISTS ; CCT IS BEING PRESENTED UPON TRANSFER OF UNIT

D.O. NO. 022 - 2017
June 11, 2017
6TH REV
ZV/SQ/M
LPL TOWER LEGASPI ST. RC 65,000.00
CC 75,000.00
PS ***
LTA CONDOMINIUM PEREA ST. RC 60,000.00
CC 70,000.00
PS ***
MAN TOWER ONE* LEGASPI ST. RC 80,000.00
CC 90,000.00
PS ***
MAKATI DIAMOND RESIDENCES LEGASPI ST. CC 230,000.00
(NEW) PS ***
MAYFAIR MANSION PEREA ST. RC 65,000.00
CC 75,000.00
PS ***
MEDICAL PLAZA MAKATI AMORSOLO ST/DELA ROSA ST. RC 70,000.00
CC 80,000.00
PS ***
MEDICAL TOWERS V.A. RUFINO ORMAZA ST CC 65,000.00
(HERRERA ST)
PS ***
MGF CHAMPACA AMOSOLO ST. RC 60,000.00
CC 70,000.00
PS ***
MIDLAND MANSIONS A. ARNAIZ AVE. -BENAVIDEZ RC 60,000.00
CC 70,000.00
PS ***
MIRIAM HOUSE LEGASPI ST. RC 60,000.00
CC 70,000.00
PS ***
MONTEPINO BUILDING AMOSOLO ST-GAMBOA RC 60,000.00
CC 70,000.00
PS ***
MOSAIC TOWER TRASIERRA cor AGUIRRE STS. RC 130,000.00
(NEW) CC 150,000.00
PS ***
ODC INTERNATIONAL PLAZA SALCEDO ST. RC 60,000.00
CC 70,000.00
PS ***
ONE CORPORATE PLAZA** A. ARNAIZ AVE. CC 65,000.00
PS ***
ONE LEGASPI PARK RADA ST. RC 120,000.00
CC 135,000.00
PS ***
ONE LEGASPI TOWER (LEGASPI T LEGASPI ST. RC 60,000.00
CC 70,000.00
PS ***
D.O. NO. 022 - 2017
BARANGAY: SAN LORENZO (continuation) Effectivity Date
June 11, 2017
6TH REV
ZV/SQ/M
ASTORIA GREENBELT A. ARNAIZ AVE. RC 60,000.00
(FORMERLY ONE ROMAN SUITES) CC 70,000.00
PS ***
OPL BUILDING C. PALANCA ST. RC 65,000.00
CC 75,000.00
PS ***
PARK TERRACES A. ARNAIZ AVE. RC 250,000.00
(NEW) CC 300,000.00
PS ***
PERLA MANSION C. PALANCA ST RC 75,000.00
CC 85,000.00
PS ***
PRINCE PLAZA I LEGASPI ST RC 75,000.00
CC 85,000.00
PS ***
PRINCE PLAZA II DELA ROSA ST. RC 75,000.00
CC 85,000.00
PS ***
** WRONG VICINITY IN THE 5TH REVISION ; BUILDING IS LOCATED ALONG A. ARNAIZ ST.
IN THE 6TH REVISION
D.O. NO. 022 - 2017
June 11, 2017
6TH REV
ZV/SQ/M
RADA REGENCY CONDOMINIUM RADA ST / DELA ROSA ST RC 100,000.00
CC 120,000.00
PS ***
RCI BUILDING RADA ST. RC 60,000.00
CC 70,000.00
PS ***
RUFINO PACIFIC TOWERS AYALA AVE. CC 150,000.00
PS ***
RYCO BUILDING AGUIRRE ST. RC 65,000.00
CC 75,000.00
PS ***
SSS BLDG.* AYALA AVENUE CC 120,000.00
PS ***
SALUSTIANA D. TY TOWER PASEO DE ROXAS CC 75,000.00
PS ***
SENTA MAKATI CONDOMINIUM LEGASPI ST. RC 120,000.00
CC 135,000.00
PS ***
SOLARIS ONE* DELA ROSA ST. CC 150,000.00
PS ***
SOMERSET MILLENIUM EXEC. RES.AGUIRRE ST. RC 65,000.00
CC 75,000.00
PS ***
STATE CONDOMINIUM I SALCEDO ST. RC 60,000.00
CC 70,000.00
PS ***
STATE CONDOMINIUM II AGUIRRE ST (SALCEDO ST) RC 65,000.00
CC 75,000.00
PS ***
SUNRISE TERRACES APARTMENTS PERREA ST. RC 65,000.00
CC 75,000.00
PS ***
THE BILTMORE CONDOMINIUM AGUIRRE ST. RC 100,000.00
CC 120,000.00
PS ***
THE COLONADE RESIDENCES LEGASPI ST. RC 60,000.00
CC 70,000.00
PS ***
THE COLUMNS LEGASPI A. ARNAIZ AVE- RC 120,000.00
AMORSOLO CC 135,000.00
PS ***
THE ENTERPRISE CENTER AYALA AVE CC 180,000.00
PS ***
D.O. NO. 022 - 2017
June 11, 2017
6TH REV
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 STILL EXIST ; CCT IS BEING PRESENTED UPON TRANSFER OF 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
NOTE: DEVELOPERS/OWNERS OF CONDOMINIUM PROJECTS BUILT AFTER THE EFFECTIVITY OF

THIS REVISION (6TH REVISION ) SHOULD REQUEST FOR AN ASSIGNMENT OF VALUES FROM THE
TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION ( TCRPV)
CERTAIN GUIDELINES IN THE IMPLEMENTATION
OF ZONAL VALUE OF REAL PROPERTIES FOR
RDO NO. 47-EAST MAKATI
1. NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION OF REAL PROPERTY.
WHERE IN THE APPROVED 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 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.) ALL REAL PROPERTIES, REGARDLESS OF ACTUAL USE, LOCATED IN A STREET/BARANGAY/

ZONE, THE USE OF WHICH ARE PREDOMINANTLY COMMERCIAL SHALL BE CLASSIFIED AS
"COMMERCIAL" FOR PURPOSES 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
PURPOSES OF ZONAL VALUATION.
IF THE TITLE OF A PARTICULAR CONDOMINIUM UNIT/TOWNHOUE IS -
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.
THE GROUND FLOOR OF THE RESIDENTIAL CONDOMINIUM SHALL BE CLASSIFIED AS

COMMERCIAL AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED
THERETO.
4. AREAS FOR PRIORITY DEVELOPMENT (APD).
THESE ARE AREAS IDENTIFIED AS AREAS FOR PRIORITY DEVELOPMENT CERTIFIED

TO AS SUCH BY THE HOUSING AND LAND USE REGULATORY BOARD (HLURB). IF IT IS
UTILIZED FOR SOCIAL 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
DISPOSITIONS OF REAL 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.
I-3/apmd (fpt 12-03-21)

MANILA
DEPARTMENT ORDER NO. 23-2012

September 4, 2012
SUBJECT : IMPLEMENTATION OF THE REVISED ZONAL VALUES OF REAL PROPERTIES

WITHIN THE JURISDICTION OF REVENUE DISTRICT OFFICE NO. 47-EAST MAKATI,
MAKATI CITY FOR INTERNAL REVENUE TAX PURPOSES
TO : All Internal Revenue Officers and Others Concerned.
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
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.
This order shall take effect immediately.
(Original Signed)
CESAR V. PURISIMA
RECOMMENDED BY:
(Original Signed)
KIM S. JACINTO-HENARES
DEFINITION OF TERMS
RESIDENTIAL LAND/CONDOMINIUM PRINCIPALLY DEVOTED TO HABITATION.

COMMERCIAL LAND DEVOTED PRINCIPALLY TO COMMMERCIAL
ETC. MUST NOT BE LESS THAN 5,000 SQUARE METERS.
CONDOMINIUM IS AN INTEREST IN REAL PROPERTY CONSISTING OF A SEPARATE
INTERESTS IN A UNIT A RESIDENTIAL, INDUSTRIAL OR
COMMERCIAL BUILDING OR IN AN INDUSTRIAL ESTATE AND AN
UNDIVIDED INTERESTS IN COMMON, DIRECTLY AND INDIRECTLY,
IN THE LAND OR THE APPURTENANT INTEREST OF THEIR
RESPECTIVE UNITS IN THE COMMON AREAS.

RR Residential Regular GL Governmenrt Land
CR Comemrcial Regular GP General Purposes
RC Residential Condominiu I Industrial
CC Commercial Condomini X Institutional
APD Area for Priority Development
RDO NO. 47 EAST MAKATI
D.O. No. 23-2012
BARANGAY: AYALA CENTER (MAKATI COMMERCIAL CENTER) Effectivity Date 17-Oct-12
------------------------------------------------- --------------------------------------- ---------------------- ---------------------
CLASSI- 5TH REV.
STREET/SUBDIVISION VICINITY FICATION ZV/SQ.M.
------------------------------------------------- --------------------------------------- ---------------------- ---------------------
EAST DRIVE CR *
HOTEL DRIVE CR *
NORTH DRIVE CR *
POSTAL DRIVE CR *
SOUTH DRIVE CR *
WEST DRIVE CR *
* Ayala Center (Makati Commercial Center) is not a barangay but only a portion of Barangay San Lorenzo (see pages 4-5).
D.O. No. 23-2012

BARANGAY: LEGASPI VILLAGE Effectivity Date 17-Oct-12
------------------------------------------------- --------------------------------------- ---------------------- ---------------------
CLASSI- 5TH REV.
------------------------------------------------- --------------------------------------- ---------------------- ---------------------
ABELARDO CR *
ADELANTADO CR *
AGUIRRE CR *
ALVARADO CR *
AMORSOLO ST CR *
AYALA AVENUE EDSA - GIL PUYAT CR *
BENAVIDEZ CR *
BERNARDEZ CR *
BOLANOS CR *
CASTRO CR *
DELA ROSA CR *
ESPERANZA CR *
ESTEBAN CR *
GALLARDO CR *
GAMBOA CR *
GREENBELT CR *
HERRERA CR *
JIMENEZ CR *
LEGASPI ST CR *
MAKATI AVENUE CR *
MARANAW CR *
NIEVA CR *
PASAY ROAD CR *
PASEO DE ROXAS CR *
PEREA CR *
RADA CR *
RODRIGUEZ CR *
SALCEDO CR *
SORIA CR *
SOTTO CR *
TINDALO CR *
* Legaspi Village is not a barangay but only a portion of Barangay San Lorenzo (see pages 4-5).
D.O. No. 23-2012

BARANGAY: SAN LORENZO VILLAGE Effectivity Date 17-Oct-12
------------------------------------------------- --------------------------------------- ---------------------- ---------------------
CLASSI- 5TH REV.
------------------------------------------------- --------------------------------------- ---------------------- ---------------------
ABELARDO RR *
AMORSOLO RR *
APOSTOL RR *
ARGUILLA RR *
BALMORI RR *
BRIONES RR *
EDADES RR *
ESTELA RR *
HERNANDEZ RR *
HIDALGO RR *
JOAQUIN RR *
JUAN LUNA RR *
LIPPAY RR *
MELANTIC RR *
NACPIL RR *
PONCE RR *
ROCHA RR *
SAN LORENZO DRIVE RR *
TAMPINGCO RR *
TOLENTINO RR *
ZARAGOZA RR *
ZIPPER RR *
ZULUETA RR *
* San Lorenzo Village is not a barangay but only a portion of Barangay San Lorenzo (see page 5).
D.O. No. 23-2012

BARANGAY: SAN LORENZO Effectivity Date 17-Oct-12
------------------------------------------------- --------------------------------------- ---------------------- ---------------------
CLASSI- 5TH REV.
------------------------------------------------- --------------------------------------- ---------------------- ---------------------
ALL OTHER STREETS WITHIN AYALA CENTER CR 276,250.00
A. ARNAIZ LEGASPI VILLAGE SIDE CR 210,000.00
SAN LORENZO VILLAGE SIDE CR 196,000.00
ADELANTADO LEGASPI VILLAGE CR 185,000.00
AGUIRRE LEGASPI VILLAGE CR 185,000.00
AMORSOLO ST LEGASPI VILLAGE CR 185,000.00
AYALA AVENUE LEGASPI VILLAGE CR 439,000.00
BENAVIDEZ LEGASPI VILLAGE CR 185,000.00
X 148,000.00
BOLANOS LEGASPI VILLAGE CR 185,000.00
CARLOS PALANCA LEGASPI VILLAGE CR 185,000.00
CASTRO LEGASPI VILLAGE CR 185,000.00
DELA ROSA LEGASPI VILLAGE CR 261,250.00
ESPERANZA LEGASPI VILLAGE CR 185,000.00
ESTEBAN LEGASPI VILLAGE CR 247,500.00
GALLARDO LEGASPI VILLAGE CR 185,000.00
GAMBOA LEGASPI VILLAGE CR 185,000.00
GIL LEGASPI VILLAGE CR 185,000.00
GREENBELT LEGASPI VILLAGE CR 275,000.00
JIMENEZ LEGASPI VILLAGE CR 185,000.00
LEGASPI ST LEGASPI VILLAGE CR 275,000.00
X 220,000.00
MAKATI AVENUE LEGASPI VILLAGE CR 250,000.00
NIEVA LEGASPI VILLAGE CR 185,000.00
ORMAZA LEGASPI VILLAGE CR 185,000.00
PASEO DE ROXAS LEGASPI VILLAGE CR 292,500.00
X 234,000.00
PEREA LEGASPI VILLAGE CR 185,000.00
RADA LEGASPI VILLAGE CR 185,000.00
X 148,000.00
RODRIGUEZ LEGASPI VILLAGE CR 185,000.00
D.O. No. 23-2012

BARANGAY: SAN LORENZO (CONTINUATION) Effectivity Date 17-Oct-12
------------------------------------------------- --------------------------------------- ---------------------- ---------------------
CLASSI- 5TH REV.
------------------------------------------------- --------------------------------------- ---------------------- ---------------------
SALCEDO LEGASPI VILLAGE CR 275,000.00
X 220,000.00
SORIA LEGASPI VILLAGE CR 185,000.00
SOTTO LEGASPI VILLAGE CR 185,000.00
TRASIERRA LEGASPI VILLAGE CR 185,000.00
V. A. RUFINO LEGASPI VILLAGE CR 255,000.00
ALL OTHER STREETS WITHIN LEGASPI VILLAGE CR 185,000.00
ABELARDO SAN LORENZO VILLAGE RR 50,000.00
AMORSOLO SAN LORENZO VILLAGE RR 50,000.00
APOSTOL SAN LORENZO VILLAGE RR 50,000.00
ARGUILLA SAN LORENZO VILLAGE RR 50,000.00
BALMORI SAN LORENZO VILLAGE RR 50,000.00
BRIONES SAN LORENZO VILLAGE RR 50,000.00
EDADES SAN LORENZO VILLAGE RR 50,000.00
ESTELA SAN LORENZO VILLAGE RR 50,000.00
HERNANDEZ SAN LORENZO VILLAGE RR 50,000.00
HIDALGO SAN LORENZO VILLAGE RR 50,000.00
JOAQUIN SAN LORENZO VILLAGE RR 50,000.00
JUAN LUNA SAN LORENZO VILLAGE RR 50,000.00
LIPPAY SAN LORENZO VILLAGE RR 50,000.00
MELANTIC SAN LORENZO VILLAGE RR 50,000.00
NACPIL SAN LORENZO VILLAGE RR 50,000.00
PONCE SAN LORENZO VILLAGE RR 50,000.00
ROCHA SAN LORENZO VILLAGE RR 50,000.00
SAN LORENZO DRIVE SAN LORENZO VILLAGE RR 60,000.00
TAMPINGCO SAN LORENZO VILLAGE RR 50,000.00
TOLENTINO SAN LORENZO VILLAGE RR 50,000.00
ZARAGOZA SAN LORENZO VILLAGE RR 50,000.00
ZIPPER SAN LORENZO VILLAGE RR 50,000.00
ZULUETA SAN LORENZO VILLAGE RR 50,000.00
ALL OTHER STREETS WITHIN SAN LORENZO VILLAG RR 50,000.00
D.O. No. 23-2012
CONDOMINIUMS Effectivity Date 17-Oct-12
------------------------------------------------- --------------------------------------- ---------------------------------------------
CONDOMINIUMS VICINITY CLASSI- 5TH REV.
FICATION ZV/SQ.M.
------------------------------------------------- --------------------------------------- ---------------------------------------------
III PASEO DE ROXAS PASEO DE ROXAS ST CC 60,000.00
PS 36,000.00
ALEXANDRE HOUSE CONDOMINIUM AMORSOLO ST CC *
ALL SEASONS BUILDING AGUIRRE ST CC 57,500.00
PS 34,500.00
AMORSOLO CONDOMINIUM APARTMENTS AMORSOLO ST RC 48,500.00
CC 58,200.00
PS 34,920.00
AMORSOLO MANSION AMORSOLO - V.A. RUFINO RC 48,500.00
CC 58,200.00
PS 34,920.00
ASIA TOWER PASEO DE ROXAS RC 74,800.00
CC 89,760.00
PS 53,860.00
ASIAN MANSION I DELA ROSA ST RC 52,800.00
CC 63,360.00
PS 38,000.00
ASIAN MANSION II DELA ROSA ST - NIEVA RC 70,000.00
CC 84,000.00
PS 50,400.00
ASIAN REINSURANCE GAMBOA/SALCEDO CC 60,000.00
PS 36,000.00
BASIC PETROLEUM BUILDING C. PALANCA ST CC 67,500.00
PS 40,500.00
BSA MANSION BENAVIDEZ ST RC 67,500.00
CC 81,000.00
PS 48,600.00
BSA SUITES C. PALANCA ST RC 67,500.00
CC 81,000.00
PS 48,600.00
BSA TOWER LEGASPI ST RC 60,000.00
CC 72,000.00
PS 43,200.00
CACHO GONZALES CONDOMINIUM AGUIRRE ST-TRASIERRA ST RC 48,000.00
CC 57,500.00
PS 34,500.00
* Ownership to ALEXANDRE HOUSE CONDOMINIUM is not a Condominium Certificate of Title (CCT), as justified by the RDO.
D.O. No. 23-2012
CONDOMINIUMS (CONTINUATION) Effectivity Date 17-Oct-12
------------------------------------------------- --------------------------------------- ---------------------------------------------
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
* CENTRUM (CENTRO) CONDOMINIUM was abandoned, as justified by the RDO.

D.O. No. 23-2012
------------------------------------------------- --------------------------------------- ---------------------------------------------
FICATION ZV/SQ.M.
------------------------------------------------- --------------------------------------- ---------------------------------------------
EUROVILLA CONDOMINIUM I V.A. RUFINO ST (HERRERA ST) RC 48,000.00
CC 49,800.00
PS 29,900.00
EUROVILLA CONDOMINIUM II V.A. RUFINO ST RC 50,000.00
CC 54,780.00
PS 32,870.00
EXCHANGE CORNER AT LEGAZPI BUILDING V.A. RUFINO-BOLANOS CC 55,000.00
PS 33,000.00
FEDMAN SUITE CONDOMINIUM SALCEDO ST RC 48,000.00
CC 51,500.00
PS 30,900.00
FELIZA BUILDING V.A. RUFINO CC 55,000.00
PS 33,000.00
FIRST CAPITAL CONDOMINIUM (FCC) RADA ST CC 68,000.00
PS 40,800.00
FIRST MIDLAND GAMBOA ST CC *
GERVASIA CORP. CENTER AMORSOLO ST CC 48,500.00
PS 29,100.00
GREENBELT CHANCELLOR RADA ST RC 80,000.00
CC 90,000.00
PS 54,000.00
GREENBELT EXCELSIOR C. PALANCA ST RC 80,000.00
CC 90,000.00
PS 54,000.00
GREENBELT MADISON (FERROS) SALCEDO ST RC 80,000.00
CC 90,000.00
PS 54,000.00
GREENBELT MANSION PEREA ST RC 51,500.00
CC 57,600.00
PS 34,560.00
GREENBELT PARK PLACE C. PALANCA ST RC 80,000.00
CC 90,000.00
PS 54,000.00
GREENBELT RADISONS AGUIRRE 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.
D.O. No. 23-2012
------------------------------------------------- --------------------------------------- ---------------------------------------------
FICATION ZV/SQ.M.
------------------------------------------------- --------------------------------------- ---------------------------------------------
JACKSON CONDOMINIUM CC *
KL MOSAIC GAMBOA ST RC 80,000.00
CC 90,000.00
PS 54,000.00
LA MAISION RADA CONDOMINIUM RADA ST RC 68,000.00
CC 74,500.00
PS 44,700.00
LAZATIN DELA ROSA ST CC 54,000.00
PS 32,400.00
LEGASPI APARTMENT AMORSOLO ST CC **
LEGASPI PARK VIEW CONDOMINIUM LEGASPI ST RC 49,800.00
CC 57,600.00
PS 34,560.00
LEGASPI PLACE ADELANTADO ST RC 80,000.00
CC 90,000.00
PS 54,000.00
LEGASPI SUITES SALCEDO ST RC 58,000.00
CC 65,000.00
PS 39,000.00
LEGASPI TOWER 100 LEGASPI ST RC 48,000.00
CC 57,600.00
PS 34,560.00
LEGASPI TOWER 200 PASEO DE ROXAS RC 48,000.00
CC 57,600.00
PS 34,560.00
LPL SUITES GREENBELT LEGASPI ST RC 51,500.00
CC 61,800.00
PS 37,100.00
LPL TOWER LEGASPI ST RC 51,500.00
CC 61,800.00
PS 37,100.00
LTA CONDOMINIUM PEREA ST RC 48,000.00
CC 51,500.00
PS 30,900.00
MAYFAIR MANSION PEREA ST RC 51,500.00
CC 58,000.00
PS 34,800.00
RDO's justifications:
* Ownership to JACKSON CONDOMINIUM is not a Condominium Certificate of Title (CCT).
** LEGASPI APARTMENT is no longer existing

D.O. No. 23-2012
------------------------------------------------- --------------------------------------- ---------------------------------------------
FICATION ZV/SQ.M.
------------------------------------------------- --------------------------------------- ---------------------------------------------
MEDICAL PLAZA MAKATI AMORSOLO ST/DELA ROSA ST RC 55,000.00
CC 66,000.00
PS 39,600.00
MEDICAL TOWERS V.A. RUFINO STPORMAZA ST ( CC 51,500.00
PS 30,900.00
MGF CHAMPACA AMORSOLO ST RC 48,000.00
CC 50,000.00
PS 30,000.00
MIDLAND MANSIONS ARNAIZ ST- BENAVIDEZ ST RC 50,000.00
CC 55,000.00
PS 33,000.00
MIRIAM HOUSE LEGASPI ST RC 48,000.00
CC 50,000.00
PS 30,000.00
MONTEPINO BUILDING AMORSOLO ST-GAMBOA RC 48,000.00
CC 50,000.00
PS 30,000.00
ODC INTERNATIONAL PLAZA CONDO SALCEDO ST RC 50,000.00
CC 55,000.00
PS 33,000.00
ONE CORPORATE PLAZA PASEO DE ROXAS CC 53,000.00
PS 31,800.00
ONE LEGASPI PARK RADA ST RC 72,500.00
CC 87,000.00
PS 52,200.00
ONE LEGASPI TOWER (LEGASPI TOWERS) LEGASPI ST RC 51,500.00
CC 61,800.00
PS 37,100.00
ONE ROMAN SUITES A. ARNAIZ RC 48,000.00
CC 53,000.00
PS 31,800.00
OPL BUILDING C. PALANCA ST RC 52,500.00
CC 57,600.00
PS 34,560.00
D.O. No. 23-2012
------------------------------------------------- --------------------------------------- ---------------------------------------------
FICATION ZV/SQ.M.
------------------------------------------------- --------------------------------------- ---------------------------------------------
PERLA MANSION C. PALANCA ST RC 57,600.00
CC 69,120.00
PS 41,480.00
PRINCE PLAZA I LEGASPI ST RC 51,500.00
CC 61,800.00
PS 37,100.00
PRINCE PLAZA II DELA ROSA ST RC 57,600.00
CC 69,120.00
PS 41,480.00
RADA REGENCY CONDOMINIUM RADA ST/DELA ROSA ST RC 70,000.00
CC 84,000.00
PS 50,400.00
RCI BUILDING RADA ST RC 48,000.00
CC 51,500.00
PS 30,900.00
RUFINO PACIFIC TOWERS AYALA AVE CC 78,750.00
PS 47,250.00
RYCO BUILDING AGUIRRE ST RC 52,500.00
CC 63,000.00
PS 37,800.00
SALUSTIANA D. TY TOWER PASEO DE ROXAS ST CC 63,000.00
PS 37,800.00
SENTA MAKATI CONDOMINIUM LEGASPI ST RC 80,000.00
CC 90,000.00
PS 54,000.00
SOMERSET MILLENIUM EXEC. RES. AGUIRRE ST RC 58,000.00
CC 66,000.00
PS 39,600.00
STATE CONDOMINIUM I SALCEDO ST RC 51,500.00
CC 61,800.00
PS 37,100.00
STATE CONDOMINIUM II AGUIRRE ST (SALCEDO ST) RC 55,800.00
CC 65,000.00
PS 39,000.00
SUNRISE TERRACES APARTMENTS PEREA ST RC 49,800.00
CC 55,000.00
PS 33,000.00
D.O. No. 23-2012
------------------------------------------------- --------------------------------------- ---------------------------------------------
FICATION ZV/SQ.M.
------------------------------------------------- --------------------------------------- ---------------------------------------------
THE BEACON TOWER 1 ROCES TOWER/A. ARNAIZ AVE. RC 80,000.00
CC 90,000.00
PS 54,000.00
THE BEACON TOWER 2 ARNAIZ TOWER/A. ARNAIZ AVE RC 80,000.00
CC 90,000.00
PS 54,000.00
THE BEACON TOWER 3 AMORSOLO TOWER/AMORSOLO ST. RC 80,000.00
CC 90,000.00
PS 54,000.00
THE BILTMORE CONDOMINIUM AGUIRRE ST RC 80,000.00
CC 90,000.00
PS 54,000.00
THE COLONADE RESIDENCES (COLONALEGASPI ST RC 50,400.00
CC 60,480.00
PS 36,290.00
THE COLUMNS LEGASPI A. ARNAIZ AVE-AMORSOLO RC 80,000.00
CC 90,000.00
PS 54,000.00
THE ENTERPRISE CENTER AYALA AVE CC 80,000.00
PS 48,000.00
THE FRABELLA I CONDOMINIUM (FRABRADA ST RC 74,800.00
CC 81,600.00
PS 48,960.00
THE PALISADES CONDOMINIUM GALLARDO ST RC 48,000.00
CC 57,600.00
PS 34,560.00
THE RAFFLES RESIDENCES MAKATI AVE COR A. ARNAIZ RC 80,000.00
CC 90,000.00
PS 54,000.00
THE RENAISSANCE CONDOMINIUM SALCEDO ST RC 51,500.00
CC 61,800.00
PS 37,100.00
THE RESIDENCES AT GREENBELT (TRA A. ARNAIZ RC 90,000.00
CC 100,000.00
PS 60,000.00
THE SHANG GRAND TOWER PEREA ST RC 90,000.00
CC 100,000.00
PS 60,000.00
D.O. No. 23-2012
------------------------------------------------- --------------------------------------- ---------------------------------------------
FICATION ZV/SQ.M.
------------------------------------------------- --------------------------------------- ---------------------------------------------
TORRE DE SALCEDO SALCEDO ST RC 51,500.00
CC 61,800.00
PS 37,100.00
TROPICAL PALMS BUILDING DELA ROSA ST-PEREA ST RC 60,000.00
CC 72,000.00
PS 43,200.00
UNIVERSAL RE CONDOMINIUM PASEO DE ROXAS ST/PEREA ST RC 58,000.00
CC 63,000.00
PS 37,800.00
VALUEPOINT EXEC. APARTMENT SALCEDO ST RC 48,000.00
CC 51,500.00
PS 30,900.00
VERNIDA CONDOMINIUM AMORSOLO ST CC *
VERNIDA I BUILDING AMORSOLO ST RC 42,000.00
CC● 48,000.00
PS 28,800.00
W.W. CONDOMINIUM AGUIRRE ST CC **
WINDSOR TOWER LEGASPI ST CC ***
ZARAGOSA BUILDING TRASIERRA-SORIA ST CC 48,000.00
PS 28,800.00
ZETA II CONDO (ZETA COND.) SALCEDO ST CC 51,500.00
PS 30,900.00
ALL OTHER CONDOMINIUMS RC●● 42,000.00
CC●● 48,000.00
PS 28,800.00
ALL OTHER TOWNHOUSES RC ****
CC ****
ONE UNIT OF PARKING SLOT PS *****
RDO's justifications:
* VERNIDA CONDOMINIUM is same as VERNIDA I BUILDING.
** W.W. CONDOMINIUM is not existing.
*** Ownership to WINDSOR TOWER is not a Condominium Certificate of Title (CCT).
**** No Townhouses within Barangay San Lorenzo.
***** Parking Slots were given specific values per condominium project.
● CC of Vernida I Building was overvalued in the 4th revision, hence, no adjustment in this revision.
●● RC & CC of ALL OTHER CONDOMINIUMS was previously overvalued.
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.
===========================================================================================
OF ZONAL VALUATION OF REAL PROPERTIES FOR
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.) ALL REAL PROPERTIES, REGARDLESS OF ACTUAL USE, LOCATED IN A STREET/

BARANGAY/ZONE, THE USE OF WHICH ARE PREDOMINANTLY COMMERCIAL SHALL
BE CLASSIFIED AS “COMMERCIAL” FOR PURPOSES 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 PURPOSES OF ZONAL VALUATION.
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.
THE GROUND FLOOR OF THE RESIDENTIAL CONDOMINIUM SHALL BE CLASSIFIED

AS COMMERCIAL AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL
BE ADDED THERETO.
THESE ARE AREAS DECLARED AS SUCH BY EXISTING STATUTES AND PERTINENT

EXECUTIVE ISSUANCES (REVENUE REGULATIONS NO. 17-2001).
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
DISPOSITIONS 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.
=====================================================================================================================
I-3/apmd (fet 12-09-21)
MANILA

JUNE 5, 1997
SUBJECT : IMPLEMENTATION OF THE REVISED ZONAL VALUES OF REAL

PROPERTIES IN MAKATI CITY UNDER REVENUE DISTRICT OFFICE NO. 47
(EAST MAKATI), REVENUE REGION NO. 8 (MAKATI CITY) FOR INTERNAL
REVENUE TAX PURPOSES.
T O : All Internal Revenue Officers and Others Concerned.
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
RECOMMENDED BY:
(Original Signed)
LIWAYWAY VINZONS-CHATO
Page 45
DEFINITION OF TERMS:
RESIDENTIAL LAND/BUILDING PRINCIPALLY DEVOTED TO HABITATION.
COMMERCIAL LAND/BUILDING DEVOTED PRINCIPALLY TO COMMERCIAL

AGRICULTURAL DEVOTED PRINCIPALLY TO RAISING OF CROP SUCH AS RICE, CORN,

SUGARCANE, TOBACCO, ETC. OR TO PASTURING, DAIRYING,
GENERAL PURPOSE RAWLAND, UNDEVELOPED AND UNDERDEVELOPED AREA WHICH HAS

POTENTIAL FOR DEVELOPMENT INTO RESIDENTIAL, COMMERCIAL,
INDUSTRIAL, INSTITUTIONAL, ETC. MUST NOT BE LESS THAN 5,000
SQUARE METERS.
VICINITY MEANS AN AREA, LOCALITY, NEIGHBORHOOD OR DISTRICT ABOUT,

NEAR, ADJACENT PROXIMATE OR CONTIGUOUS TO A STREET BEING
LOCATED.

RR Residential Regular GL Government Land
CR Commercial Regular GP General Purposes
RC Residential Condominium I Industrial
CC Commercial Condominium X Institutional
APD Area for Priority
Development
Page 46
D.O. No. 65-97

BARANGAY: LEGASPI VILLAGE Effectivity Date 13-Jan-98
---------------------------------------------- -------------------------------------- --------------- -----------------------
CLASSI- 4TH REV.
---------------------------------------------- -------------------------------------- --------------- -----------------------
ABELARDO CR 142,000.00
ADELANTADO CR 142,000.00
AGUIRRE CR 142,000.00
ALVARADO CR 142,000.00
AMORSOLO ST CR 142,000.00
AYALA AVENUE EDSA - GIL PUYAT CR 325,000.00
BENAVIDEZ CR 142,000.00
BERNARDEZ CR 142,000.00
BOLANOS CR 142,000.00
CASTRO CR 142,000.00
DELA ROSA CR 220,000.00
ESPERANZA CR 142,000.00
ESTEBAN CR 220,000.00
GALLARDO CR 142,000.00
GAMBOA CR 142,000.00
GREENBELT CR 250,000.00
HERRERA CR 220,000.00
JIMENEZ CR 142,000.00
LEGASPI ST CR 250,000.00
MAKATI AVENUE CR 200,000.00
MARANAW CR 142,000.00
NIEVA CR 142,000.00
PASAY ROAD CR 165,000.00
PASEO DE ROXAS CR 260,000.00
PEREA CR 142,000.00
RADA CR 142,000.00
RODRIGUEZ CR 142,000.00
SALCEDO CR 250,000.00
SORIA CR 142,000.00
SOTTO CR 142,000.00
TINDALO CR 142,000.00
Page 47

D.O. No. 65-97
BARANGAY: SAN LORENZO VILLAGE Effectivity Date 13-Jan-98
---------------------------------------------- -------------------------------------- --------------- -----------------------
CLASSI- 4TH REV.
---------------------------------------------- -------------------------------------- --------------- -----------------------
ABELARDO RR 40,000.00
AMORSOLO RR 40,000.00
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
ESTELA 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
MELANTIC 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
TAMPINGCO RR 40,000.00
TOLENTINO RR 40,000.00
ZARAGOZA RR 40,000.00
ZIPPER RR 40,000.00
ZULUETA RR 40,000.00
BARANGAY: AYALA CENTER (MAKATI COMMERCIAL CENTER)

---------------------------------------------- -------------------------------------- --------------- -----------------------
CLASSI- 4TH REV.
---------------------------------------------- -------------------------------------- --------------- -----------------------
EAST DRIVE CR 230,000.00
NORTH DRIVE CR 230,000.00
HOTEL DRIVE CR 230,000.00
POSTAL DRIVE CR 230,000.00
SOUTH DRIVE CR 230,000.00
WEST DRIVE CR 230,000.00
Page 48
D.O. No. 65-97

CONDOMINIUMS & TOWNHOUSES Effectivity Date 13-Jan-98
---------------------------------------------- -------------------------------------- --------------- -----------------------
CLASSI- 4TH REV.
CONDOMINIUMS & TOWNHOUSES VICINITY FICATION ZV/SQ.M.
---------------------------------------------- -------------------------------------- --------------- -----------------------
AMOROSOLO CONDOMINIUM Amorsolo Street CC 42,000.00
ALEXANDRE HOUSE CONDOMINIUMAmorsolo Street CC 42,000.00
ASIA TOWER Paseo de Roxas CC 68,000.00
ASIAN MANSION Dela, Rosa St CC 48,000.00
CACHO GONZALES CONDOMINIUM Aguirre Street CC 48,000.00
CATTLEYA CONDOMINIUM Salcedo Street CC 48,000.00
CENTRUM CONDOMINIUM Salcedo Street CC 42,000.00
CITYLAND III Herrera Street CC 42,000.00
COLONADE RES. Legaspi St CC 42,000.00
CONCORDE COND. Salcedo Street CC 42,000.00
CORINTHIAN PLAZA P. De Roxas St CC 68,000.00
CRISTINA COND. Herrera Street CC 42,000.00
CYPRESS GARDEN Herrera Street CC 41,500.00
EUROVILLA COND. Herrera Street CC 41,500.00
FEDMAN SUITE COND. Salcedo Street CC 41,500.00
FIRST MIDLAND Gamboa Street CC 41,500.00
FRABELLA I Rada St CC 68,000.00
GREENBELT MANSION Perea Street CC 48,000.00
JACKSON COND. CC 53,000.00
LEGASPI APARTMENT Amorsolo St CC 41,500.00
LEGASPI PARK VIEW Legaspi Street CC 41,500.00
LEGASPI TOWERS Legaspi Street CC 41,500.00
MAYFAIR MANSION Perea Street CC 41,500.00
MEDICAL TOWERS Herrera Street CC 41,500.00
PERLA MANSION C. Palanca Street CC 48,000.00
PRINCE PLAZA I Legaspi St. CC 48,000.00
PRINCE PLAZA II Dela Rosa Street CC 48,000.00
RUFINO PACIFIC TOWERS Ayala Ave CC 68,000.00
STATE CONDOMINIUM II Salcedo Street CC 63,000.00
SUNRISE TERRACE Perea Street CC 41,500.00
VERNIDA I Amorsolo St CC 48,000.00
VERNIDA COND. Amorsolo Street CC 41,500.00
W.W. COND. Aguirre Street CC 41,500.00
WINDSOR TOWER Legaspi Street CC 41,500.00
ZETA COND. Salcedo Street CC 41,500.00
ALL OTHER CONDOMINIUMS/ CC/RC 53,000.00
TOWNHOUSES
'NOTE: ONE UNIT OF PARKING SLOT = P 250,000.00

============================ ======================= ========= ==============
Page 49

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.) ALL REAL PROPERTIES, REGARDLESS OF ACTUAL USE, LOCATED IN A STREET/BARANGAY/ZONE,

THE USE OF WHICH ARE PREDOMINANTLY COMMERCIAL SHALL BE CLASSIFIED AS "COMMERCIAL"
FOR PURPOSES 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 PURPOSES OF ZONAL
VALUATION.
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.
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 50
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.
===============================================================
I-3/fpt (12-09-2021)
Page 51
MANILA

MARCH 21, 1996
SUBJECT : IMPLEMENTATION OF THE REVISED ZONAL VALUES OF REAL PROPERTIES

IN THE CITY OF MAKATI UNDER REVENUE DISTRICT OFFICE NO. 47 (EAST
MAKATI), REVENUE REGION NO. 8 (MAKATI CITY) FOR INTERNAL REVENUE
TAX PURPOSES.
T O : All Internal Revenue Officers and Others Concerned.
Section 16(e) of the Tax Code as amended by Presidential Decree No. 1994, authorizes
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.
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
RECOMMENDED BY:
(Original Signed)
LIWAYWAY VINZONS-CHATO
Page 52
DEFINITION OF TERMS
RESIDENTIAL LAND/BUILDING DEVOTED TO HABITATION.


DAIRYING, INLAND FISHING, SALT-MAKING AND OTHER AGRICULTURAL

ETC.

ABOUT NEAR, ADJACENT PROXIMATE OR CONTIGUOUS TO A
RR - RESIDENTIAL REGULAR RC - RESIDENTIAL CONDOMINIUM
CR - COMMERCIAL REGULAR CC - COMMERCIAL CONDOMINIUM
I - INDUSTRIAL X - INSTITUTIONAL
GL - GOVERNMENT LAND GP - GENERAL PURPOSE
APD - AREA FOR PRIORITY DEVELOPMENT A - AGRICULTURAL
Page 53
D.O. No. 55-96
BARANGAY: LEGASPI VILLAGE Effectivity Date 12-Jul-96
------------------------------------------- --------------------------------- ----------------------------- ------------------
CLASSI- 3RD REV.
------------------------------------------- --------------------------------- ----------------------------- ------------------
AMORSOLO ST CR 120,000.00
AYALA AVENUE EDSA - GIL PUYAT CR 250,000.00
BERNARDEZ CR 120,000.00
CASTRO CR 120,000.00
GAMBOA CR 120,000.00
GREENBELT CR 250,000.00
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
PEREA CR 120,000.00
RADA CR 120,000.00
SORIA CR 120,000.00
SOTTO CR 120,000.00
TINDALO CR 120,000.00
Page 54
D.O. No. 55-96
BARANGAY: SAN LORENZO VILLAGE Effectivity Date 12-Jul-96
------------------------------------------- --------------------------------- ----------------------------- ------------------
CLASSI- 3RD REV.
------------------------------------------- --------------------------------- ----------------------------- ------------------
ANTONIO ARNAIZ AVE CR 60,000.00
ARGUILLA RR 40,000.00
EDADES RR 40,000.00
ESTRELLA 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
TAMPINCO RR 40,000.00
ZIPPER RR 40,000.00
ZULUETA RR 40,000.00
BARANGAY: MAKATI COMMERCIAL CENTER

------------------------------------------- --------------------------------- ----------------------------- ------------------
CLASSI- 3RD REV.
------------------------------------------- --------------------------------- ----------------------------- ------------------
HOTEL DRIVE CR 220,000.00
Page 55
D.O. No. 55-96
CONDOMINIUMS & TOWNHOUSES Effectivity Date 12-Jul-96
------------------------------------------- --------------------------------- ----------------------------- ------------------
CLASSI- 3RD REV.
CONDOMINIUMS & TOWNHOUSES VICINITY FICATION ZV/SQ.M.
------------------------------------------- --------------------------------- ----------------------------- ------------------
AMORSOLO CONDOMINIUM AMORSOLO STREET CC 40,000.00
ALEXANDRE HOUSE CONDOMIN AMORSOLO 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 CONDOMINI AGUIRRE 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 CONDOMINIUM 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 56
OF ZONAL VALUATION OF REAL PROPERTIES
RDO NO. 47 - EAST MAKATI
1. NO PREVIOUS SALE OF PROPERTY OF A PARTICULAR CLASSIFICATION.
WHERE IN APPROVED LISTING OF ZONAL VALUES (FOR VARIOUS

CLASSIFICATIONS OF REAL PROPERTY), NO VALUE HAS BEEN PRESCRIBED
FOR A PARTICULAR CLASSIFICATION, THE ZONAL VALUE PRESCRIBED FOR
THE SAME CLASS OF REAL PROPERTY LOCATED IN THE ADJACENT BARANGAY
OF SIMILAR CONDITIONS SHALL BE USED.
2. NO PREVIOUS SALE OF PROPERTY OF ANY CLASSIFICATION.
IN A BARANGAY WHERE NO SALE, EXCHANGE OR OTHER DISPOSITION

OF LAND HAS BEEN EFFECTED, THE APPROVED ZONAL VALUE OF A SIMILARLY
SITUATED PROPERTY IN AN ADJACENT BARANGAY OF SIMILAR CONDITIONS,
SHALL BE USED.
3. DIVISION OF BARANGAY.
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.
ALL REAL PROPERTIES, REGARDLESS OF ACTUAL USE, LOCATED IN

A STREET/BARANGAY/ZONE, THE USE OF WHICH ARE PREDOMINANTLY "COMMERCIAL"
SHALL BE CONSIDERED AS "COMMERCIAL" FOR PURPOSES OF ZONAL VALUATION.
5. VALUES OF CONDOMINIUM AND TOWNHOUSES.
IN DETERMINING OR ARRIVING AT THE ZONAL VALUES FOR CONDOMINIUMS

AND TOWNHOUSES, THE VALUE OF THE LAND AS WELL AS THE VALUE OF THE
BUILDING SHALL BE TREATED AS ONE, IF THE TITLE IS A CCT OR CONDOMINIUM
CERTIFICATE OF TITLE. HOWEVER, IF THE TITLE IS A TCT OR TRANSFER
CERTIFICATE OF TITLE, LAND AND IMPROVEMENTS SHALL BE GIVEN SEPARATE
VALUES.
THE GROUND FLOOR OF A CONDOMINIUM SHALL BE CLASSIFIED AS

COMMERCIAL AND 20% OF THE ESTABLISHED VALUE SHALL BE ADDED THERETO.
Page 57
6. AREA FOR PRIORITY DEVELOPMENT (APD).
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 SOCIAL HOUSING, IT SHALL BE CERTIFIED
TO AS SUCH BY THE PROPER GOVERNMENT AGENCY, E.G., PRESIDENTIAL COM-
MISSION ON URBAN POOR (PCUP), NATIONAL HOUSING AUTHORITY (NHA), ETC.
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 CLASSIFIED
AS CAPITAL ASSETS, INCLUDING "PACTO DE RETRO" SALES AND OTHER FORMS
SHALL BE TAXED AT THE RATE OF 5% BASED ON THE GROSS SELLING PRICE,
IF THE CONSIDERATION IS HIGHER THAN THE ZONAL VALUES GIVEN 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.
=================================================================
I-3/apmd FPT (12-10-21)
Page 58
REPUBLIC OF THE PHILIPPINES
MANILA

June 25, 1991
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.
TO : ALL INTERNAL REVENUE OFFICERS AND OTHERS CONCERNED.
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.
THIS ORDER SHALL TAKE EFFECT IMMEDIATELY.
(SIGNED)
JESUS P. ESTANISLAO
RECOMMENDED BY:
(SIGNED)
JOSE U. ONG
Page 59
DEFINITION OF TERMS
RESIDENTIAL LAND/BUILDING DEVOTED TO HABITATION.


DAIRYING, INLAND FISHING, SALT-MAKING AND OTHER AGRICULTURAL

ETC.

ABOUT NEAR, ADJACENT PROXIMATE OR CONTIGUOUS TO A
RR Residential Regular I Industrial

RC Residential Condominium X Institutional
CR Commercial Regular GL Governmenrt Land
CC Commercial Condominium GP General Purpose
A Agricultural APD Area for Priority Development
Page 60
RDO NO. 47 - EAST MAKATI (formerly RDO NO. 32- EAST MAKATI)
D.O. No. 135-91
BARANGAY: LEGASPI VILLAGE Effectivity Date 31-Jul-92
----------------------------------------------------- ---------------------------------- --------------------- -------------------
CLASSI- 2ND REV.
----------------------------------------------------- ---------------------------------- --------------------- -------------------
AMORSOLO CR 25,000.00
AYALA AVENUE CR 25,000.00
CASTRO CR 25,000.00
DE LA ROSA CR 25,000.00
GAMBOA CR 25,000.00
GIL CR 25,000.00
LEGASPI CR 25,000.00
NIEVA CR 25,000.00
ORMAZA CR 25,000.00
PASONG TAMO CR 25,000.00
PEREA CR 25,000.00
RADA 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 61
D.O. No. 135-91
BARANGAY: LEGASPI VILLAGE (CONTINUATION) Effectivity Date 31-Jul-92
----------------------------------------------------- ---------------------------------- --------------------- -------------------
CLASSI- 2ND REV.
----------------------------------------------------- ---------------------------------- --------------------- -------------------
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 EXTENSION CC 20,000.00
ALL CONDOMINIUMS, TOWNHOUSES,
COMM'L AND IND'L BLDGS. CC/RC 30,000.00
Page 62
D.O. No. 135-91
BARANGAY: SAN LORENZO Effectivity Date 31-Jul-92
----------------------------------------------------- ---------------------------------- --------------------- -------------------
CLASSI- 2ND REV.
----------------------------------------------------- ---------------------------------- --------------------- -------------------
ANTONIO S ARNAIZ ROAD CR 30,000.00
ARQUILLA RR 10,000.00
EDADES RR 10,000.00
ESTELLA 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 E CR 25,000.00
PONCE RR 10,000.00
ROCHA RR 10,000.00
TAMPINGCO 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 63
D.O. No. 135-91
BARANGAY: MAKATI COMMERCIAL CENTER Effectivity Date 31-Jul-92
----------------------------------------------------- ---------------------------------- --------------------- -------------------
CLASSI- 2ND REV.
----------------------------------------------------- ---------------------------------- --------------------- -------------------
EDSA CR 50,000.00
GREENBELT DRIVE CR 50,000.00
NORTH WEST MALL CR 50,000.00
SOUTH EAST DRIVE CR 50,000.00
ALL CONDOMINIUMS, TOWNHOUSES,
COMM'L AND IND'L BLDGS. CC/RC 70,000.00
Page 64
D.O. No. 135-91
BARANGAY: CONDOMINIUMS Effectivity Date 31-Jul-92
----------------------------------------------------- ---------------------------------- --------------------- -------------------
CLASSI- 2ND REV.
----------------------------------------------------- ---------------------------------- --------------------- -------------------
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 VILLAGE 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 VILLAGE 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 (fpt 12-10-21)
Page 65
RDO NO. 47 - EAST MAKATI (formerly RDO 32 - EAST MAKATI)
WHERE IN APPROVED LISTING OF ZONAL VALUES (FOR VARIOUS CLASSIFICATIONS OF

REAL PROPERTY, NO VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION,
THE ZONAL VALUE PRESCRIBED FOR THE SAME CLASS OF REAL PROPERTY LOCATED IN
THE ADJACENT BARANGAY OF SIMILAR CONDITIONS SHALL BE USED.
2. NO. PREVIOUS SALE OF PROPERTY OF ANY CLASSIFICATION.
IN A BARANGAY WHERE NO SALE, EXCHANGE OR OTHER DISPOSITION OF LAND HAS

BEEN EFFECTED, THE APPROVED ZONAL VALUE OF A SIMILARLY SITUATED PROPERTY IN
AN ADJACENT BARANGAY OF SIMILAR CONDITIONS, SHALL BE USED.
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.
ALL REAL PROPERTIES, REGARDLESS OF ACTUAL USE, LOCATED IN A STREET / BARANGAY /

ZONE, THE USE OF WHICH ARE PREDOMINANTLY "COMMERCIAL" SHALL BE CONSIDERED AS
5. VALUES OF CONDOMINIUMS AND TOWNHOUSES.
IN DETERMINING OR ARRIVING AT THE ZONAL VALUES FOR CONDOMINIUMS AND

AND TOWNHOUSES, THE VALUE OF THE LAND AS WELL AS THE VALUE OF THE BUILDING SHALL
BE TREATED AS ONE, IF THE TITLE IS A CCT OR CONDOMINIUM CERTIFICATE OF TITLE.
HOWEVER, IF THE TITLE IS A TCT OR TRANSFER CERTIFICATE OF TITLE, LAND IF THE TITLE IS
A TCT OR TRANSFER CERTIFICATE OF TITLE, LAND AND IMPROVEMENTS SHALL BE GIVEN
SEPARATE VALUES.
THE GROUND FLOOR OR A CONDOMINIUM SHALL BE CLASSIFIED AS COMMERCIAL AND 20%

OF THE ESTABLISHED VALUE SHALL BE ADDED THERETO.
THESE ARE AREAS IDENTIFIED AS AREAS FOR PRIORITY DEVELOPMENT CERTIFIED TO AS

SUCH BY THE HOUSING AND LAND USE REGULATORY BOARD (HLURB). IF IT IS UTILIZED FOR
SOCIAL HOUSING, IT SHALL BE CERTIFIED TO AS SUCH BY THE PROPER GOVERNMENT
AGENCY E.G. PRESIDENTIAL COMMISSION ON URBAN POOR (PCUP), NATIONAL HOUSING
AUTHORITY (NHA), ETC.
Page 66
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.
PROVIDED HOWEVER THAT TE 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 AND CITY ASSESSORS,
WHICHEVER IS HIGHER.
I-3/apmd (12-10-21)
Page 67
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.
TO : All Internal Revenue Officers and Others Concerned.
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
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.
(Signed)
JESUS P. ESTANISLAO
RECOMMENDED BY:
(Signed)
JOSE U. ONG
Page 68
DEFINITION OF TERMS


DAIRYING, INLAND FISHING, SALT-MAKING, AND OTHER
AGRICULTURAL USES INCLUDING TIMBERLAND AND
FOREST LAND.

ETC.

'RR' - RESIDENTIAL RE 'CC' - COMMERCIAL CONDOMINIUM
'RC' - RESIDENTIAL C ' I ' - INDUSTRIAL
'CR' - COMMERCIAL R ' X ' - INSTITUTIONAL
'A' - AGRICULTURAL L ' GL ' - GOVERNMENT LAND
'APD' - AREA FOR PRIOR ' GP ' - GENERAL PURPOSE

DEVELOPMENT
Page 69
RDO NO. 47 - EAST MAKATI (formerly RDO NO. 32 - EAST MAKATI)
D.O. No. 19-90
BARANGAY: BANGKAL Effectivity Date 25-Apr-90
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
CLASSI- 1ST REV.
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
ALEJANDRINO EDSA EXTENSION RR 4,000.00
APOLINARIO ST RR 4,000.00
CAPT. M. REYES RR 4,000.00
CR 4,500.00
EDSA CR 10,000.00
EVANGELISTA RR 4,000.00
GEN. A. BELARMINO RR 4,000.00
GEN. A. BONIFACIO RR 4,000.00
GEN. A. LIM RR 4,000.00
GEN. A. LUNA RR 4,000.00
GEN. CAILLES RR 4,000.00
CR 4,500.00
GEN. DEL PILAR RR 4,000.00
GEN. E. MACABULOS RR 4,000.00
GEN. G. DEL PILAR RR 4,000.00
GEN. J. LACUNA RR 4,000.00
GEN. N. CAPINPIN RR 4,000.00
GEN. M. HIZON RR 4,000.00
GEN. M. TINIO RR 4,000.00
GEN. MALVAR RR 4,000.00
GEN. MASCARDO RR 4,000.00
GEN. O MOJICA RR 4,000.00
GEN. P. GARCIA RR 4,000.00
GEN. S. ESTRELLA RR 4,000.00
GEN. U. LUCBAN RR 4,000.00
NATIVIDAD RR 4,000.00
PAREDES AVENUE RR 4,000.00
CR 4,500.00
RODRIGUEZ RR 4,000.00
SANTOS RR 4,000.00
SOUTH SUPERHIGHWAY CR 10,000.00
ZAMORA RR 4,000.00
Page 70
D.O. No. 19-90

BARANGAY: DASMARINAS VILLAGE Effectivity Date 25-Apr-90
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
CLASSI- 1ST REV.
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
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 71
D.O. No. 19-90
BARANGAY: LEGASPI VILLAGE Effectivity Date 25-Apr-90
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
CLASSI- 1ST REV.
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
AMORSOLO CR 15,000.00
AYALA AVENUE CC 20,000.00
CASTRO CR 15,000.00
GAMBOA CR 15,000.00
GIL CR 15,000.00
LEGASPI CR 15,000.00
CC 20,000.00
NIEVA CR 15,000.00
ORNAZA CR 15,000.00
PEREA CR 20,000.00
RADA CR 15,000.00
SORIA CR 15,000.00
SOTTO CR 15,000.00
Page 72
D.O. No. 19-90
BARANGAY: MAGALLANES VILLAGE Effectivity Date 25-Apr-90
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
CLASSI- 1ST REV.
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
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
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 73
D.O. No. 19-90
BARANGAY: PALANAN Effectivity Date 25-Apr-90
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
CLASSI- 1ST REV.
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
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 74
D.O. No. 19-90
BARANGAY: SAN LORENZO Effectivity Date 25-Apr-90
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
CLASSI- 1ST REV.
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
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
HIDALGO RR 8,000.00
JOAQUIN RR 8,000.00
LIBBAY RR 8,000.00
MELANTIO RR 8,000.00
NAKPIL RR 8,000.00
PONCE RR 8,000.00
ROCHA RR 8,000.00
TAMBINGCO RR 8,000.00
ZARAGOSA RR 8,000.00
ZIPPER RR 8,000.00
Page 75
D.O. No. 19-90
BARANGAY: MAKATI COMML CENTER Effectivity Date 25-Apr-90
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
CLASSI- 1ST REV.
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
GREENBELT DRIVE CR 30,000.00
NORTH WEST MALLA CR 30,000.00
SOUTH EAST DRIVE CR 30,000.00
Page 76
D.O. No. 19-90
BARANGAY: CONDOMINIUMS Effectivity Date 25-Apr-90
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
CLASSI- 1ST REV.
--------------------------------------- ------------------------------------------------ ---------------------- ------------------------
CACHO GONZALES CONDO LV MKTI CC 17,500.00
CATTLEYA GARDENS COND LV 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 77
RDO NO. 47 - EAST MAKATI (formerly RDO 32A MAKATI)
WHERE IN APPROVED LISTING OF ZONAL VALUES (FOR VARIOUS CLASSIFICATIONS OF

REAL PROPERTY, NO VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION,
THE ZONAL VALUE PRESCRIBED FOR THE SAME CLASS OF REAL PROPERTY LOCATED IN
THE ADJACENT BARANGAY OF SIMILAR CONDITIONS SHALL BE USED.
2. NO. PREVIOUS SALE OF PROPERTY OF ANY CLASSIFICATION.
IN A BARANGAY WHERE NO SALE, EXCHANGE OR OTHER DISPOSITION OF LAND HAS

BEEN EFFECTED, THE APPROVED ZONAL VALUE OF A SIMILARLY SITUATED PROPERTY IN
AN ADJACENT BARANGAY OF SIMILAR CONDITIONS, SHALL BE USED.
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.
ALL REAL PROPERTIES, REGARDLESS OF ACTUAL USE, LOCATED IN A STREET / BARANGAY /

ZONE, THE USE OF WHICH ARE PREDOMINANTLY "COMMERCIAL" SHALL BE CONSIDERED AS
5. VALUES OF CONDOMINIUMS AND TOWNHOUSES.
IN DETERMINING OR ARRIVING AT THE ZONAL VALUES FOR CONDOMINIUMS AND

AND TOWNHOUSES, THE VALUE OF THE LAND AS WELL AS THE VALUE OF THE BUILDING SHALL
BE TREATED AS ONE, IF THE TITLE IS A CCT OR CONDOMINIUM CERTIFICATE OF TITLE.
HOWEVER, IF THE TITLE IS A TCT OR TRANSFER CERTIFICATE OF TITLE, LAND IF THE TITLE IS
A TCT OR TRANSFER CERTIFICATE OF TITLE, LAND AND IMPROVEMENTS SHALL BE GIVEN
SEPARATE VALUES.
THE GROUND FLOOR OR A CONDOMINIUM SHALL BE CLASSIFIED AS COMMERCIAL AND 20%

OF THE ESTABLISHED VALUE SHALL BE ADDED THERETO.
THESE ARE AREAS IDENTIFIED AS AREAS FOR PRIORITY DEVELOPMENT CERTIFIED TO AS

SUCH BY THE HOUSING AND LAND USE REGULATORY BOARD (HLURB). IF IT IS UTILIZED FOR
SOCIAL HOUSING, IT SHALL BE CERTIFIED TO AS SUCH BY THE PROPER GOVERNMENT
AGENCY E.G. PRESIDENTIAL COMMISSION ON URBAN POOR (PCUP), NATIONAL HOUSING
AUTHORITY (NHA), ETC.
Page 78
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.
PROVIDED HOWEVER THAT TE 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 AND CITY ASSESSORS,
WHICHEVER IS HIGHER.
I-3/apmd (fpt 12-10-21)
Page 79
MANILA

March 26, 1987
SUBJECT: IMPLEMENTATION OF THE ZONAL VALUES OF REAL PROPERTIES

IN THE MUNICIPALITY OF MAKATI FOR INTERNAL REVENUE TAX
PURPOSES.
TO : All Internal Revenue Officers and Others Concerned:
Section 16 (e) of the Tax Code, as amended by Presidential Decree No. 1994, authorizes
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.
the zonal values of real properties located in Makati, Metro Manila under Revenue District Office
Nos. 32 (East Makati) and 32-A (West Makati), after a public hearing conducted thereon for the
purpose. This Order is issued to implement zonal values for land the 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 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.
(Sgd) JAIME V. ONGPIN

RECOMMENDED BY:
(Sgd) BIENVENIDO A. TAN, JR

Commissioner
DEFINITION OF TERMS


DAIRYING, INLAND FISHING, SALT-MAKING, AND OTHER
AGRICULTURAL USES INCLUDING TIMBERLAND AND
FOREST LAND.

'RR' - RESIDENTIAL REGULAR
'RC' - RESIDENTIAL CONDOMINIUM
'CR' - COMMERCIAL REGULAR
'A' - AGRICULTURAL LAND
' I ' - INDUSTRIAL
' X ' - INSTITUTIONAL

D.O. No. 51-87
BARANGAY: LEGASPI VILL Effectivity Date 09-Jun-87
------------------------------------------- -------------------------------------- ------------------------ -----------------
CLASSI- INITIAL
------------------------------------------- -------------------------------------- ------------------------ -----------------
AGUIRRE ST CC 7,500.00
LEGASPI ST CC 7,500.00
PEREA ST CC 7,500.00

D.O. No. 51-87
BARANGAY: SAN LORENZO Effectivity Date 09-Jun-87
------------------------------------------- -------------------------------------- ------------------------ -----------------
CLASSI- INITIAL
------------------------------------------- -------------------------------------- ------------------------ -----------------
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 - ED 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
========================== ======================= ============== ==========
OF ZONAL VALUES OF REAL PROPERTIES FOR
RDO NO. 47 - EAST MAKATI (RDO 32 EAST MAKATI)
WHERE IN THE APPROVED LISTING OF ZONAL VALUES, NO ZONAL

VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR OTHER
CLASSIFICATION OF REAL PROPERTY, THE ZONAL VALUE PRESCRIBED
FOR THE SAME CLASS OF REAL PROPERTY LOCATED IN THE ADJACENT
BARANGAY OF SIMILAR CONDITIONS SHALL BE USED.
2. NO PREVIOUS SALE OF PROPERTY OF ANY CLASSIFICATION.
IN A BARANGAY WHERE NO SALE, EXCHANGE OR OTHER

DISPOSITION OF LAND HAS BEEN EFFECTED, THE APPROVED ZONAL
VALUE OF A SIMILARLY SITUATED PROPERTY IN AN ADJACENT
BARANGAY OF SIMILAR CONDITIONS, SHALL BE USED.
3. NO PREVIOUS SALE OF PROPERTY IN A PARTICULAR STREET (S)

WITHIN THE SAME BARANGAY.
WHERE A STREET IN ANY BARANGAY DOES NOT APPEAR IN THE

LIST OF STREETS WITH APPROVED ZONAL LAND VALUES, THE
APPROVED ZONAL VALUES OF LANDS WITH THE SAME CLASSIFICATION
IN OTHER STREETS WITHIN THE SAME VICINITY I N THE BARANGAY
SHALL APPLY.
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. 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 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 VALUE HEREIN ESTABLISHED.
5. 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
AND CITY ASSESSORS, WHICHEVER IS HIGHER.
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I-3/apmd (fpt 12-10-21)

RDO No. 47 - East Makati

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RDO No. 47 - East Makati

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NOTICE

Schedules of Zonal Values per Department Order (DO)

37-2021 7th 22-Dec-21 Present Sheet 8 (DO 37-21)

22-2017 6th 11-Jun-17 21-Dec-21 Sheet 7 (DO 22-17)

BARANGAY: SAN LORENZO (LEGAZPI VILLAGE)*

CERTAIN GUIDELINES IN THE IMPLEMENTATION OF

WHEREIN THE APPROVED SCHEDULE OF ZONAL VALUES FOR A PARTICULAR BARANGAY -

2. PREDOMINANT USE OF PROPERTY.

b.) THE PREDOMINANT USE OF OTHER CLASSIFICATION OF PROPERTIES LOCATED IN A STREET/BARANGAY/ZONE,

3. ZONAL VALUES OF CONDOMINIUM UNIT/TOWNHOUSE:

IF THE TITLE OF A PARTICULAR CONDOMINIUM UNIT/TOWNHOUSE IS -

4. AREAS FOR PRIORITY DEVELOPMENT(APD).

6. PARKING SLOT (PS)

8. ZONAL VALUE OR FMV ESTABLISHED IN THE SCHEDULE OF VALUES OF ASSESSORS.

I-3/apmd - fpt (12-03-21)

DEPARTMENT ORDER NO. 022 - 2017

SUBJECT : IMPLEMENTATION OF THE REVISED SCHEDULE OF ZONAL

TO : All Internal Revenue Officers and Others Concerned

This Order shall take effect immediately.

RESIDENTIAL LAND/CONDOMINIUM PRINCIPALLY DEVOTED TO HABITATION.

CODE CLASSIFICATION CODE CLASSIFICATION

PROVINCE NATIONAL CAPITAL REGION

EAST DRIVE AYALA CENTER CR 500,000.00

X- Institution,embassy,church and school

X - Institution, embassy, church, and school

* BUILDING STILL EXISTS ; CCT IS BEING PRESENTED UPON TRANSFER OF UNIT

NOTE: DEVELOPERS/OWNERS OF CONDOMINIUM PROJECTS BUILT AFTER THE EFFECTIVITY OF

WHERE IN THE APPROVED SCHEDULE OF ZONAL VALUES FOR A PARTICULAR BARANGAY -

A. NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION IN A

B. NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION OF

2. PREDOMINANT USE OF PROPERTY.

a.) ALL REAL PROPERTIES, REGARDLESS OF ACTUAL USE, LOCATED IN A STREET/BARANGAY/

b.) THE PREDOMINANT USE OF OTHER CLASSIFICATION OF PROPERTIES LOCATED IN A

3. ZONAL VALUES OF CONDOMINIUM UNIT/TOWNHOUSE:

IF THE TITLE OF A PARTICULAR CONDOMINIUM UNIT/TOWNHOUE IS -

THE GROUND FLOOR OF THE RESIDENTIAL CONDOMINIUM SHALL BE CLASSIFIED AS

THESE ARE AREAS IDENTIFIED AS AREAS FOR PRIORITY DEVELOPMENT CERTIFIED

SECOND SALE OF LOT IDENTIFIED AS LOCATED IN THE APD SHALL NO LONGER BE

5. ZONAL VALUE OR FMV ESTABLISHED IN THE SCHEDULE OF VALUES OF ASSESSORS.

THE ZONAL VALUES ESTABLISHED HEREIN SHALL APPLY IN COMPUTING ALL

PROVIDED, HOWEVER, THAT THE VALUE OF PROPERTY TO BE USED IN COMPUTING

I-3/apmd (fpt 12-03-21)

DEPARTMENT ORDER NO. 23-2012

SUBJECT : IMPLEMENTATION OF THE REVISED ZONAL VALUES OF REAL PROPERTIES

TO : All Internal Revenue Officers and Others Concerned.

This order shall take effect immediately.

RESIDENTIAL LAND/CONDOMINIUM PRINCIPALLY DEVOTED TO HABITATION.

CODE CLASSIFICATION CODE CLASSIFICATION

D.O. No. 23-2012

D.O. No. 23-2012

D.O. No. 23-2012

D.O. No. 23-2012

* CENTRUM (CENTRO) CONDOMINIUM was abandoned, as justified by the RDO.

** LEGASPI APARTMENT is no longer existing

1. NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION OF REAL

WHERE IN THE APPROVED SCHEDULE OF ZONAL VALUES FOR A PARTICULAR BARANGAY -

a.) NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION IN A

b.) NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION OF

2. PREDOMINANT USE OF PROPERTY.