Definition of Terms, Classification Legend & Agricultural Lands

November 16, 2016 ZONAL VALUATION REVENUE DISTRICT OFFICE NO. 50 IMPLEMENTATION OF THE REVISED ZONAL VALUES OF REAL PROPERTIES IN THE CITY OF MAKATI, NATIONAL CAPITAL REGION (7th Revision) WITHIN THE JURISDICTION OF REVENUE DISTRICT OFFICE NO. 50-SOUTH MAKATI FOR INTERNAL REVENUE TAX PURPOSES DEFINITION OF TERMS RESIDENTIAL LAND/CONDOMINIUM PRINCIPALLY DEVOTED TO HABITATION. COMMERCIAL LAND/CONDOMINIUM DEVOTED PRINCIPALLY TO COMMERCIAL 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. VICINITY MEANS AN AREA, LOCALITY, NEIGHBORHOOD OR DISTRICT ABOUT, NEAR, ADJACENT PROXIMATE OR CONTIGUOUS TO A STREET BEING LOCATED. CLASSIFICATION LEGEND: CODE CLASSIFICATION RR Residential Regular CR Commercial Regular RC Residential Condominium CC Commercial Condominium CL Cemetery Lot A Agricultural GL Government Land GP* General Purposes I Industrial X Institutional APD Area for Priority Development *Agricultural/Rawland not less than 5,000 square meters AGRICULTURAL LANDS A1 Riceland Irrigated A2 Riceland Unirrigated A3 Upland A4 Coco Land A5 Citrus Land A6 Fishpond A7 Swamp A8 Nipa Land A9 Cotton Land A10 Cogon A11 Abaca Land A12 Orchard A13 Pineapple Land A14 Banana Land A15 Pasture Land A16 Corn Land A17 Sugar Land A18 Tobacco Land A19 Cacao A20 Lanzones A21 Durian A22 Rambutan A23 Mango A24 Mangrove A25 Camote/Cassava A26 Bamboo Land A27 Peanut Land A28 Soy beans Land A29 Grape vineyard A30 Pepper Land A31 Mineral Land A32 Non Metallic Mineral Land A33 Coal Deposit A34 African Oil Land A35 Rubber Land A36 Forest Land/Timber Land A37 Horticultural Land A38 Salt Beds A39 Seashore A40 Resort A41 Sandy/Stony A42 Prawn pond A43 Sorghum A44 Ipil-ipil A45 Kangkong A46 Zarate A47 Vegetable Land A48 Coffee A49 Mountainous/Hilly Areas A50 Other Agricultural Lands BUREAU OF INTERNAL REVENUE REVENUE REGION NO. 8-MAKATI CITY SOUTH MAKATI RDO NO. 50 D.O. No. 62-2016 BARANGAY: BEL AIR (SALCEDO VILLAGE) Effectivity date 28-Dec-16 STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. AYALA AVENUE EDSA to Paseo de Roxas CR 550,000.00 AYALA AVENUE Paseo de Roxas to Gil Puyat CR 480,000.00 BAUTISTA CR 375,000.00 GALLARDO CR 375,000.00 GERONIMO CR 375,000.00 H.V. DELA COSTA CR 400,000.00 L.P. LEVISTE CR 375,000.00 LAKANDULA CR 375,000.00 MAKATI AVENUE Ayala Ave. to Paseo de Roxas CR 480,000.00 MAKATI AVENUE Paseo to Gil Puyat CR 450,000.00 PASEO DE ROXAS Ayala Ave. to Makati Ave. CR 480,000.00 PASEO DE ROXAS Makati Ave. to Sen. Gil Puyat Ave. CR 420,000.00 SAN AGUSTIN CR 375,000.00 SANCHEZ CR 375,000.00 SEDENO CR 375,000.00 SOLIMAN CR 375,000.00 TOLEDO CR 375,000.00 TORDESILLAS CR 375,000.00 V.A. RUFINO CR 400,000.00 VALERO CR 400,000.00 VELAZQUEZ CR 375,000.00 VILLAR CR 375,000.00 LIST OF CONDOMINIUMS 139 CORPORATE CENTER VALERO CC 100,000.00 PS 78,000.00 6797 AYALA AVE. CONDO (SLC Building) AYALA AVE. CC 225,000.00 PS 145,000.00 88 CORPORATE CENTER VALERO CC 106,000.00 PS 75,000.00 ACCM * VALERO X 100,000.00 ACI GROUP BLDG. * H.V. DELA COSTA CC 190,000.00 PS 133,000.00 RC 167,000.00 ACS PLAZA (DEMOLISHED) H.V. DELA COSTA CC 200,000.00 SHANG SALCEDO PLACE (UC) PS 140,000.00 ACT TOWER * H.V. DELA COSTA CC 75,000.00 PS 52,500.00 ADAMSON CENTER L.P. LEVISTE CC 75,000.00 PS 52,500.00 AGUIRRE BLDG. * TORDESILLAS CC 75,000.00 PS 52,500.00 ALFARO PLACE (formerly Cityland L.P. LEVISTE RC 65,000.00 Condo VII) (146 ALFARO PLACE) CC 75,000.00 PS 52,500.00 ALGO CENTER (formerly CHAMPACA L.P. LEVISTE CC 75,000.00 II CONDO) PS 52,500.00 ALPAP I BLDG. L.P. LEVISTE CC 75,000.00 PS 52,500.00 RC 80,000.00 ALPHA SALCEDO H.V. DELA COSTA CC 96,000.00 PS 67,000.00 ANTEL CORPORATE CENTER VALERO CC 100,000.00 PS 70,000.00 RC 85,000.00 ANTEL PLATINUM TOWER VALERO CC 100,000.00 PS 70,000.00 ATENEO PROFESSIONAL SCHOOLS * H.V. DELA COSTA X 80,000.00 RC - ATHENAEUM BUILDING L.P. LEVISTE CC 75,000.00 (ATHENAEUM CONDOMINIUM) ** PS 52,500.00 RC 85,000.00 AVIGNON TOWER H.V. DELA COSTA CC 102,000.00 PS 71,500.00 AYALA LIFE-FGU CTR. CONDO * AYALA AVE. CC 230,000.00 PS 150,000.00 AYALA TRIANGLE TOWER I & AYALA AVE. CC 230,000.00 EXCHANGE PLAZA * PS 150,000.00 BA LEPANTO PASEO DE ROXAS CC 100,000.00 PS 70,000.00 BANCO DE ORO PLAZA (now FIRST E-BANK CONDO CORP.) PASEO DE ROXAS CC 100,000.00 PS 70,000.00 BDO CORPORATE CENTER NORTH TOWER MAKATI AVE. COR. H.V. DELA COSTA CC 120,000.00 PS 84,000.00 BDO CORPORATE CENTER SOUTH TOWER MAKATI AVE. COR. H.V. DELA COSTA CC 120,000.00 PS 84,000.00 BDO EQUITABLE TOWER * PASEO DE ROXAS CC 125,000.00 PS 87,500.00 BDO PARKING * VALERO PS 100,000.00 BPI CARD CENTER PASEO DE ROXAS CC 100,000.00 PS 70,000.00 CAMBRIDGE CENTRE TORDESILLAS CC 75,000.00 PS 52,500.00 CCH BLDG. (Demolished, now used L.P. LEVISTE CC - as Parking Lot) RC 65,000.00 CENTRUM II VALERO CC 75,000.00 PS 52,500.00 CHATHAM HOUSE VALERO CC 80,000.00 PS 56,000.00 CHURCH OF JESUS CHRIST * H.V. DELA COSTA X 100,000.00 RC 150,000.00 CITADINES SALCEDO MAKATI VALERO CC 180,000.00 PS 126,000.00 RC - CITIBANK CENTER ** PASEO DE ROXAS CC 100,000.00 PS 70,000.00 RC - CITIBANK TOWER ** PASEO DE ROXAS CC 110,000.00 PS 77,000.00 RC - CITYLAND 10 TOWER I ** H.V. DELA COSTA CC 55,000.00 PS 42,000.00 RC - CITYLAND 10 TOWER II ** H.V. DELA COSTA CC 65,000.00 PS 42,000.00 RC - CITYLAND HERRERA TOWER ** VALERO COR V.A. RUFINO CC 65,000.00 PS 42,000.00 RC 75,000.00 CLASSICA I H.V. DELA COSTA CC 80,000.00 PS 56,000.00 RC 80,000.00 CLASSICA TOWER H.V. DELA COSTA CC 100,000.00 PS 70,000.00 COCOLIFE BUILDING * AYALA AVE. CC 230,000.00 PS 150,000.00 RC 65,000.00 CORDOVA CONDOMINIUM VALERO CC 80,000.00 PS 56,000.00 RC 65,000.00 COSMOPOLITAN TOWER VALERO CC 80,000.00 PS 56,000.00 COUNTRY SPACE I * H.V. DELA COSTA CC 80,000.00 PS 56,000.00 RC 110,000.00 CROWN TOWER H.V. DELA COSTA CC 130,000.00 PS 91,000.00 RC - DON CHUA LAMKO ** H.V. DELA COSTA CC 80,000.00 PS 56,000.00 RC 75,000.00 EASTON PLACE VALERO CC 80,000.00 PS 56,000.00 RC 132,000.00 ELIZABETH PLACE H.V. DELA COSTA CC 161,000.00 PS 113,000.00 RC 65,000.00 EURO VILLA III L.P. LEVISTE CC 75,000.00 PS 52,500.00 RC - FINMAN CENTER (formerly MERCHANTS TORDESILLAS CC 80,000.00 BANK CENTER) ** PS 56,000.00 FORBES TOWER RC 135,000.00 (FRASER PLACE) VALERO CC 150,000.00 PS 105,000.00 RC 135,000.00 FOUR SEASONS SALCEDO TORDESILLAS CC 150,000.00 PS 105,000.00 RC - GERCON PLAZA ** MAKATI AVE. CC 120,000.00 PS 84,000.00 RC - GF & PARTNERS ** H.V. DELA COSTA CC 100,000.00 PS 70,000.00 RC - GLOBAL ENTERPRISES BUILDING ** H.V. DELA COSTA CC 100,000.00 PS 70,000.00 RC - GLOBE TELECOM VALERO VALERO CC 80,000.00 TELEPARK BLDG. ** PS 56,000.00 RC 100,000.00 GRAND SOHO MAKATI * H.V. DELA COSTA CC 125,500.00 PS 88,000.00 RC 70,000.00 GRAND TOWER L.P. LEVISTE CC 80,000.00 PS 56,000.00 RC - GT TOWER INTERNATIONAL *** AYALA AVE. COR. H.V. DELA COSTA CC 210,000.00 PS 147,000.00 RC 75,000.00 HEART TOWER VALERO CC 80,000.00 PS 56,000.00 RC 135,000.00 INFINITY TOWER (formerly SOMERSET H.V. DELA COSTA CC 150,000.00 SALCEDO) PS 105,000.00 RC - INSULAR LIFE ** AYALA AVE. CC 160,000.00 PS 112,000.00 INT'L. BAPTIST CHURCH OF MANILA * H.V. DELA COSTA X 100,000.00 RC 100,000.00 ISLAND PLAZA L.P. LEVISTE CC 120,000.00 PS 84,000.00 JEWISH SYNAGOGUE * H.V. DELA COSTA X 100,000.00 RC - KPMG CENTER ** AYALA AVE. CC 225,000.00 PS 150,000.00 RC 110,000.00 LE DOMAINE TORDESILLAS CC 135,000.00 PS 94,500.00 RC 75,000.00 LE GRAND VALERO CC 80,000.00 PS 56,000.00 RC 75,000.00 LE METROPOLE CONDO H.V. DELA COSTA CC 80,000.00 PS 56,000.00 RC 75,000.00 LE TRIOMPHE H.V. DELA COSTA CC 80,000.00 PS 56,000.00 RC 75,000.00 L'ERMITAGE L.P. LEVISTE CC 80,000.00 PS 56,000.00 RC - LIBERTY CENTER ** L.P. LEVISTE CC 100,000.00 PS 70,000.00 RC - LIBERTY PLAZA ** H.V. DELA COSTA CC 80,000.00 PS 56,000.00 RC 90,000.00 LIRO VILLE APARTMENTS L.P. LEVISTE CC 100,000.00 PS 70,000.00 RC - LKG TOWER ** AYALA AVE. CC 200,000.00 PS 140,000.00 RC 75,000.00 LPL CENTER L.P. LEVISTE CC 80,000.00 PS 56,000.00 RC 75,000.00 LPL MANOR L.P. LEVISTE CC 80,000.00 PS 56,000.00 RC 75,000.00 LPL MANSIONS L.P. LEVISTE CC 80,000.00 PS 56,000.00 RC 75,000.00 LPL PLAZA L.P. LEVISTE CC 80,000.00 PS 56,000.00 RC - LYCEUM OF THE PHILS. (SDC) ** L.P. LEVISTE CC 100,000.00 PS 70,000.00 RC - MAKATI EXECUTIVE CENTER ** L.P. LEVISTE CC 70,000.00 PS 50,000.00 RC 115,000.00 MANHATTAN SQUARE CONDO VALERO CC 138,000.00 PS 97,000.00 RC 120,000.00 MAREIC BLDG. (UC) TORDESILLAS CC 150,000.00 PS 105,000.00 RC 75,000.00 MJ PLAZA ([24]/7 Building) VALERO CC 80,000.00 PS 56,000.00 MONDRAGON BUILDING * H.V. DELA COSTA CC 80,000.00 PS 56,000.00 CC 150,000.00 MSE BUILDING * AYALA AVE. PS 105,000.00 MULTINATIONAL BANCORPORATION RC - CENTER (MULTIBANCOR) ** AYALA AVE. CC 150,000.00 PS 105,000.00 RC - NATIONAL DEVELOPMENT COMPANY ** TORDESILLAS CC 80,000.00 PS 56,000.00 RC 75,000.00 NOBEL PLAZA VALERO CC 80,000.00 PS 56,000.00 RC 155,000.00 ONE CENTRAL (NEW) H.V. DELA COSTA CC 200,000.00 PS 140,000.00 RC 101,500.00 ONE LAFAYETTE SQUARE CONDO L.P. LEVISTE CC 123,500.00 PS 86,500.00 RC 120,000.00 ONE PACIFIC PLACE (NEW) H.V. DELA COSTA CC 140,000.00 PS 98,000.00 RC 100,000.00 ONE SALCEDO PLACE TORDESILLAS COR VELASQUES CC 120,000.00 PS 84,000.00 RC 75,000.00 ORIENT MANSION TORDESILLAS CC 80,000.00 PS 56,000.00 RC - OSG HOUSE ** L.P. LEVISTE CC 70,000.00 PS 50,000.00 RC 75,000.00 PARC REGENT H.V. DELA COSTA CC 80,000.00 PS 56,000.00 RC 75,000.00 PARKLANE CONDOMINIUM H.V. DELA COSTA CC 80,000.00 PS 56,000.00 RC - PASEO CENTER ** PASEO DE ROXAS CC 150,000.00 PS 105,000.00 RC 100,000.00 PASEO PARKVIEW TOWER I & II VALERO CC 125,000.00 (PASEO PARKVIEW TOWER) PS 87,500.00 RC - PB COM TOWER ** AYALA AVE. CC 230,000.00 PS 150,000.00 RC - PCCI CORPORATE CENTER ** L.P. LEVISTE CC 80,000.00 PS 56,000.00 RC - PDCP BANK CENTER ** L.P. LEVISTE COR. V.A. RUFINO CC 80,000.00 PS 56,000.00 RC 75,000.00 PEAK TOWER L.P. LEVISTE CC 80,000.00 PS 56,000.00 PHILAMLIFE TOWER PASEO DE ROXAS CC 190,000.00 (PASEO DE ROXAS) * PS 133,000.00 PHILAMLIFE TOWER L.P. LEVISTE CC 100,000.00 (PHILAMLIFE SALCEDO) * PS 70,000.00 PLANTERSBANK BUILDING * H.V. DELA COSTA CC 120,000.00 PS 84,000.00 RC 75,000.00 PLAZA ROYALE L.P. LEVISTE CC 80,000.00 PS 56,000.00 RC 75,000.00 PONTE SALCEDO VALERO CC 80,000.00 PS 56,000.00 RC 75,000.00 PRINCE TOWER TORDESILLAS CC 80,000.00 PS 56,000.00 RCBC PLAZA * AYALA AVE. CC 230,000.00 PS 150,000.00 RC - ROBINSON'S SUMMIT CENTER ** AYALA AVE. CC 230,000.00 PS 150,000.00 RC 60,000.00 SAGITTARIUS CONDOMINIUM H.V. DELA COSTA CC 70,000.00 PS 50,000.00 RC 75,000.00 SALCEDO MANSIONS TORDESILLAS CC 80,000.00 PS 56,000.00 RC 80,000.00 SALCEDO PARK TOWER H.V. DELA COSTA CC 100,000.00 (SALCEDO PARK TWIN TOWER) PS 70,000.00 RC 165,500.00 SALCEDO SQUARE (NEW) L.P. LEVISTE CC 200,000.00 PS 150,000.00 RC 100,000.00 SALCEDO TOWER H.V. DELA COSTA CC 120,000.00 PS 84,000.00 RC - SB CARD CENTER ** VALERO CC 80,000.00 PS 56,000.00 RC - SHELL HOUSE ** VALERO CC 85,000.00 PS 60,000.00 RC - SMART TOWER ** AYALA AVE. CC 230,000.00 PS 150,000.00 RC - SOLAR CENTURY TOWER ** TORDESILLAS COR. H.V. DELA COSTA CC 90,000.00 PS 63,000.00 RC 80,000.00 SPLENDIDO GARDENS SALCEDO H.V. DELA COSTA CC 96,000.00 PS 67,000.00 TELECOMS PLAZA * H.V. DELA COSTA CC 100,000.00 PS 70,000.00 THE PEARL BANK CENTER * VALERO CC 100,000.00 PS 70,000.00 RC 135,000.00 THE PICASSO SERVICED RESIDENCES L.P. LEVISTE CC 150,000.00 PS 105,000.00 RC 115,000.00 THE REGENCY AT SALCEDO TORDESILLAS CC 138,000.00 (THE REGENCY) PS 97,000.00 THE WORLD CENTRE * H.V. DELA COSTA CC 130,000.00 PS 91,000.00 RC 100,000.00 THREE SALCEDO PLACE TORDESILLAS CC 120,000.00 PS 85,000.00 RC 110,000.00 TIFFANY PLACE L.P. LEVISTE CC 130,000.00 PS 91,000.00 TOWER 6789 AYALA AVE. CC 250,000.00 (ALPHALAND MAKATI TOWER) (NEW) PS 150,000.00 RC - TRAFALGAR PLAZA ** H.V. DELA COSTA CC 70,000.00 PS 50,000.00 RC 80,000.00 TWO LAFAYETTE CONDO TORDESILLAS CC 100,000.00 PS 70,000.00 RC 100,000.00 TWO SALCEDO PLACE TORDESILLAS CC 120,000.00 PS 85,000.00 RC - UCPB BUILDING ** MAKATI AVE. CC 120,000.00 PS 85,000.00 V CORPORATE CENTER (NEW) L.P. LEVISTE CC 180,000.00 PS 126,000.00 RC - V. MADRIGAL AYALA AVE. CC 180,000.00 (VICENTE MADRIGAL) ** PS 125,000.00 VALERO 2 CARPARK * VALERO CC 80,000.00 PS 56,000.00 RC 60,000.00 VALERO PLAZA (formerly CITYLAND VALERO CC 65,000.00 CONDO IV) *** PS 45,500.00 RC 70,000.00 VALERO TOWER VALERO CC 80,000.00 PS 56,000.00 RC - VERNIDA IV L.P. LEVISTE CC 70,000.00 (VERNIDA CONDOMINIUM IV) ** PS 50,000.00 RC 80,000.00 WESTGATE PLAZA H.V. DELA COSTA CC 100,000.00 PS 70,000.00 RC 75,000.00 Y TOWER II L.P. LEVISTE CC 80,000.00 PS 56,000.00 ALL OTHER TOWNHOUSES RC 100,000.00 PS 70,000.00 RC - ALL OTHER CONDOMINIUMS CC - PS - * Building already exists but with no assigned value in the 6th revision, assigned ZV in the 7th revision. ** Zonal value for RC was deleted because the building is purely for office/commercial use. *** Revised values as approved by ECRPV. X Institution, embassy, church and school. Note: All condominiums were already identified, thus there are no condominiums to be classified as "Other Condominiums" as of 7th Revision, Developer/Owner of condominium project built after the effectivity of this revision shall request for assignment of zonal values (ZV) from the members of the Technical Committee of Real Property Valuation (TCRPV). ZV for PS is 70% of the ZV assigned to the condominium unit. ZV for penthouse is 110% of CC, or in the absence thereof, 110% of RC. When building that is purely RC in the above list has CC, ZV for CC will be 120% of RC. BARANGAY: DASMARIAS VILLAGE STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. ACACIA RR 180,000.00 AMORSOLO RR 180,000.00 ANTONIO ARNAIZ AVENUE (PASAY ROAD) RR 180,000.00 AVOCADO RR 180,000.00 BANYAN ST. * RR 180,000.00 BOUGANVILLA RR 180,000.00 CABALLERO RR 180,000.00 CALUMPANG RR 180,000.00 CAMPANILLA RR 180,000.00 CARISSA RR 180,000.00 X 230,000.00 CYPRESS RR 180,000.00 DASMARIAS AVENUE RR 180,000.00 EDSA cor. of McKinley and A. Arnaiz Ave. CR 250,000.00 EDSA-PASAY ROAD CR 250,000.00 EDSA-MCKINLEY CR 381,500.00 GLADIOLA RR 180,000.00 GLORIOSA RR 180,000.00 GRANADA RR 180,000.00 KALACHUCHI RR 180,000.00 KALAMANSI RR 180,000.00 KAMIAS RR 180,000.00 KASOY RR 180,000.00 LUMBANG RR 180,000.00 X 230,000.00 MABOLO RR 180,000.00 MACOPA RR 180,000.00 MAGNOLIA RR 180,000.00 MAHOGANY ROAD RR 180,000.00 MILFLORES RR 180,000.00 MORADO AVENUE RR 180,000.00 PALM AVENUE RR 180,000.00 X 230,000.00 PALOMARIA RR 180,000.00 PARAISO RR 180,000.00 POMELO RR 180,000.00 SAGU RR 180,000.00 SAMPAGUITA RR 180,000.00 SANTAN RR 180,000.00 SINIGUELAS RR 180,000.00 TAMARIND RR 180,000.00 * Building already exists but with no assigned value in the 6th revision, assigned ZV in the 7th revision. X Institution, embassy, church and school BARANGAY: FORBES PARK VILLAGE STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. AGUHO RR 180,000.00 ANAHAW RR 180,000.00 BALETE RR 180,000.00 BANABA CIRCLE RR 180,000.00 BANABA ROAD RR 180,000.00 BANYAN RR 180,000.00 BAUHINIA RR 180,000.00 CAIMITO RR 180,000.00 CAMBRIDGE CIRCLE RR 180,000.00 DAPDAP RR 180,000.00 EDSA cor. McKinley Road CR 381,500.00 FLAME TREE RR 180,000.00 HARVARD RR 180,000.00 INSTIA RR 180,000.00 IPIL ROAD RR 180,000.00 IPIL PLACE RR 180,000.00 JACARANDA RR 180,000.00 KAWAYAN RR 180,000.00 MAHOGANY RR 180,000.00 MOLAVE RR 180,000.00 MCKINLEY RR 180,000.00 CR 285,000.00 Institution/School/Embassy X 285,000.00 NARRA AVENUE RR 180,000.00 PALM AVENUE RR 180,000.00 PANDAN RR 180,000.00 PARK ROAD RR 180,000.00 PILI AVENUE RR 180,000.00 SEN. GIL PUYAT EXT. RR 180,000.00 TALISAY RR 180,000.00 TAMARIND RR 180,000.00 TANGUILE RR 180,000.00 KASIYAHAN CONDOMINIUM along Mckinley Road RC 205,000.00 PS 143,500.00 ALL OTHER BUSINESS CC - ESTABLISHMENT * PS - ALL OTHER STREETS RR 180,000.00 CR 285,000.00 ALL OTHER COMMERCIAL CC - BUILDINGS * PS - Note: Developer/Owner of condominium project built after the effectivity of this revision shall request for assignment of zonal values (ZV) from the members of the Technical Committee of Real Property Valuation (TCRPV). * There is no commercial and business establishment in Barangay Forbes Park X Institution, embassy, church and school BARANGAY: URDANETA VILLAGE STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. APT RIDGE RR 150,000.00 AYALA AVENUE CR 550,000.00 BEATERIO RR 150,000.00 CABILDO RR 150,000.00 CERRADA RR 150,000.00 CRUZADA RR 150,000.00 EDSA RR 150,000.00 FAROL RR 150,000.00 FONDA RR 150,000.00 MAKATI AVENUE Paseo de Roxas to Ayala Ave. CR 480,000.00 PASEO DE ROXAS Makati Ave. to Sen. Gil Puyat (Mandarin Site) CR 480,000.00 RR 150,000.00 PASEO DE ROXAS Makati Ave. to Sen. Gil Puyat (Urdaneta Site) CR 420,000.00 RR 150,000.00 REAL RR 150,000.00 RECOLETOS RR 150,000.00 RECOLETOS CIRCLE RR 150,000.00 SAN IGNACIO RR 150,000.00 STA. POTENCIANA RR 150,000.00 STO. DOMINGO RR 150,000.00 STO. TOMAS RR 150,000.00 URDANETA AVENUE RR 150,000.00 LIST OF CONDOMINIUMS CC 110,000.00 ATRIUM OF MAKATI CONDO Makati Ave. RC 100,000.00 PS 77,000.00 RC 250,000.00 DISCOVERY PRIMEA (new) Ayala Ave. CC 300,000.00 PS 180,000.00 CC 110,000.00 LE PARC APARTMENTS Makati Ave. RC 100,000.00 PS 77,000.00 CC 234,000.00 ONE ROXAS TRIANGLE CONDO Cruzada cor. Paseo de Roxas RC 195,000.00 PS 164,000.00 CC 150,000.00 PACIFIC PLAZA Ayala Ave. RC 125,000.00 PS 105,000.00 CC 110,000.00 SOMERSET OLYMPIA MAKATI Makati Ave. RC 100,000.00 PS 77,000.00 CC 138,000.00 THE MAKATI TUSCANY CONDO Ayala Ave. cor. Fonda RC 112,500.00 PS 97,000.00 CC 142,000.00 THE RITZ TOWERS Ayala Ave. RC 120,000.00 PS 99,500.00 CC 180,000.00 THE TWIN TOWERS Ayala Ave. RC 150,000.00 PS 126,000.00 CC 144,000.00 URDANETA APARTMENTS Ayala Ave. RC 120,000.00 PS 101,000.00 ZUELLIG BLDG. (NEW) Makati Ave. cor. Paseo de Roxas CC 230,000.00 PS 150,000.00 ALL TOWNHOUSES * RC - CC - ALL OTHER CONDOMINIUMS RC - PS - Note: All condominiums were already identified, thus there are no condominiums to be classified as "Other Condominiums" as of 7th Revision, Developer/Owner of condominium project built after the effectivity of this revision shall request for assignment of zonal values (ZV) from the members of the Technical Committee of Real Property Valuation (TCRPV). ZV for penthouse is 110% of CC, or in the absence thereof, 110% of RC. * The zonal value for All Townhouses was deleted because there was no identified townhouse as per ocular inspection. BARANGAY: CEMBO STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. RR 40,000.00 ACACIA CR 75,000.00 X 80,000.00 BANABA RR 40,000.00 CACAO RR 40,000.00 CAIMITO RR 40,000.00 CAMIAS RR 40,000.00 CHICO RR 40,000.00 ILANG-ILANG RR 40,000.00 IPIL RR 65,000.00 J.P. RIZAL ST. Brgy. Guadalupe Nuevo Bdry. to Brgy. West RR 40,000.00 Rembo Bdry. CR 80,000.00 JASMIN RR 40,000.00 KALAMANSI RR 40,000.00 KALAYAAN AVENUE Brgy. Guadalupe Nuevo Bdry. to Brgy. West RR 40,000.00 Rembo Bdry. CR 80,000.00 MANGGA RR 40,000.00 MOLAVE RR 40,000.00 NARRA cor. Kalayaan Ave. RR 40,000.00 CR 100,000.00 SAMPAGUITA RR 40,000.00 SAMPALOC RR 40,000.00 SANTOL RR 40,000.00 TANGUILE RR 40,000.00 GUADALUPE BLISS RC 60,000.00 ALL OTHER STREETS RR 40,000.00 X Institution, Embassy, Church and School. BARANGAY: COMEMBO STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. ACACIA RR 40,000.00 AGUHO RR 40,000.00 X 80,000.00 ALAGAO RR 40,000.00 X 80,000.00 ANAHAW RR 40,000.00 X 80,000.00 APITONG RR 40,000.00 X 80,000.00 AVOCADO RR 40,000.00 BALIMBING RR 40,000.00 X 80,000.00 BANABA RR 40,000.00 BAYABAS RR 40,000.00 CAIMITO RR 40,000.00 CHICO RR 40,000.00 DUHAT RR 40,000.00 J.P. RIZAL EXTENSION Pateros to Brgy. East Rembo Bdry. RR 40,000.00 CR 80,000.00 X 80,000.00 KAMAGONG RR 40,000.00 CR 80,000.00 KASOY RR 40,000.00 LANGKA I RR 40,000.00 LANGKA II RR 40,000.00 RR 40,000.00 LANZONES Cor. J.P. Rizal Ext. CR 80,000.00 X 80,000.00 MABOLO RR 40,000.00 MACOPA RR 40,000.00 MANGGA RR 40,000.00 NARRA RR 40,000.00 SAMPAGUITA Santol St. to JP Rizal Ext. RR 40,000.00 CR 80,000.00 SAMPALOC ST. RR 40,000.00 SANTOL RR 40,000.00 TALISAY RR 40,000.00 TANGUILE RR 40,000.00 YAKAL RR 40,000.00 31ST AVENUE Brgy. East Rembo Bdry. to JP Rizal Ext. CR 80,000.00 X 80,000.00 ALL OTHER STREETS RR 40,000.00 ALL TOWNHOUSES RC 68,000.00 CC - ALL CONDOMINIUMS * RC - PS - * Zonal value for All Condominiums was deleted because there was no identified condominium within the barangay. X Institution, embassy, church and school All condominiums were already identified, thus there are no condominiums to be classified as "Other Condominiums" as of 7th Revision, Developer/Owner of condominium project built after the effectivity of this revision shall request for assignment of zonal values (ZV) from the members of the Technical Committee of Real Property Valuation (TCRPV). BARANGAY: EAST REMBO STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. RR 35,000.00 C-5 ROAD Kalayaan Ave to Brgy. West Rembo Bdry. CR 50,000.00 X 50,000.00 CADENA DE AMOR RR 35,000.00 CAVALRY DRIVE RR 35,000.00 COLT RR 35,000.00 RR 35,000.00 J.P. RIZAL Brgy. Comembo Bdry. & Brgy. West. CR 50,000.00 Rembo Bdry. X 50,000.00 KALAYAAN AVENUE cor. of C-5 Road and cor. JP Rizal Ext. RR 35,000.00 CR 50,000.00 MAHINHIN RR 35,000.00 MASAGANA RR 35,000.00 MAPAYAPA RR 35,000.00 MATAHIMIK RR 35,000.00 MASAYA RR 35,000.00 SABER DRIVE RR 35,000.00 SADDLE RR 35,000.00 1ST RR 35,000.00 2ND RR 35,000.00 3RD RR 35,000.00 4TH RR 35,000.00 5TH RR 35,000.00 6TH RR 35,000.00 7TH RR 35,000.00 8TH RR 35,000.00 9TH RR 35,000.00 10TH RR 35,000.00 11TH RR 35,000.00 12TH RR 35,000.00 13TH RR 35,000.00 14TH RR 35,000.00 15TH RR 35,000.00 16TH RR 35,000.00 17TH RR 35,000.00 18TH RR 35,000.00 19TH RR 35,000.00 20TH RR 35,000.00 21ST RR 35,000.00 22ND RR 35,000.00 23RD RR 35,000.00 24TH RR 35,000.00 25TH RR 35,000.00 26TH RR 35,000.00 27TH RR 35,000.00 28TH RR 35,000.00 29TH RR 35,000.00 30TH RR 35,000.00 31ST RR 35,000.00 ALL OTHERS STREETS RR 35,000.00 X Institution, embassy, church and school. BARANGAY: GUADALUPE NUEVO STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. ANASTACIO RR 60,000.00 ANTIPOLO RR 60,000.00 Sra. De Guadalupe to Victor St. CR 120,000.00 BALAGTAS RR 60,000.00 BATAAN RR 60,000.00 Jacinto to Corregidor St. CR 120,000.00 BO. VISAYA RR 60,000.00 BUENCONSEJO * RR 60,000.00 CAMINO DELA FE RR 60,000.00 CAPAS RR 60,000.00 CORREGIDOR RR 60,000.00 DAPITAN RR 60,000.00 DAPITAN EXT. RR 60,000.00 DEL CARMEN RR 60,000.00 E. JACINTO RR 60,000.00 CR 80,000.00 E. JACINTO EXT. RR 60,000.00 EDSA CR 210,000.00 ESCUELA RR 60,000.00 EDSA to Gov. Noble St. CR 80,000.00 X 80,000.00 F. YABUT RR 60,000.00 Kalayaan to Burgos St. CR 120,000.00 FELIPE RR 60,000.00 GOV. NOBLE RR 60,000.00 KALAYAAN AVE. RR 60,000.00 Brgy. Pitogo Bdry. to South Cembo CR 120,000.00 LA BANDA RR 60,000.00 LA CONSOLACION RR 60,000.00 MACTAN RR 60,000.00 MAGALLANES RR 60,000.00 MANGGAHAN RR 60,000.00 Sra. De Guadalupe to Victor St. CR 80,000.00 NSTRA. SRA. DE GUADALUPE RR 60,000.00 ORENSE RR 60,000.00 Sra. De Guadalupe to Victor St. CR 80,000.00 P. BURGOS RR 60,000.00 Reposo St. to R. Magsaysay St. CR 120,000.00 P. URDANETA RR 60,000.00 P. VICTOR *** RR 60,000.00 CR 120,000.00 R. MAGSAYSAY **** RR 60,000.00 P. Burgos St. to Orense St. CR 120,000.00 REPOSO RR 60,000.00 P. Burgos St. to Manggahan St. CR 120,000.00 RETIRO RR 60,000.00 SAMPAGUITA RR 60,000.00 SAN NICOLAS RR 60,000.00 SGT. YABUT CIRCLE RR 60,000.00 Dapitan Ext. to Kalayaan Ave. CR 120,000.00 STA. RITA RR 60,000.00 Orense St. to Escuela St. CR 120,000.00 ALL OTHER STREETS RR 60,000.00 CR 120,000.00 ALL APARTMENTS RR 60,000.00 ALL TOWNHOUSES RC 60,000.00 CC - ALL CONDOMINIUMS ***** RC - PS - All condominiums were already identified, thus there are no condominiums to be classified as "Other Condominiums" as of 7th Revision, Developer/Owner of condominium project built after the effectivity of this revision shall request for assignment of zonal values (ZV) from the members of the Technical Committee of Real Property Valuation (TCRPV). * BUENCONSEJO is formerly named BUENCAMINO ** ZV for PS in the 7th revision is 70% of the ZV assigned to the condominium unit. X Institution, embassy, church and school BARANGAY: PEMBO STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. ACACIA RR 30,000.00 ADELFA RR 30,000.00 AFRICAN DAISY RR 30,000.00 AGUILA RR 30,000.00 ALLEY 1 RR 25,000.00 ALLEY 2 RR 25,000.00 ALLEY A RR 25,000.00 ALLEY C RR 25,000.00 AMAPOLA RR 30,000.00 AQUARIUS RR 30,000.00 ARIES RR 30,000.00 ASTER RR 30,000.00 AVOCADO RR 30,000.00 AZALEA RR 30,000.00 BEGONIA RR 30,000.00 BIGNAY RR 30,000.00 BOUGAINVILLA RR 30,000.00 BOUGAINVILLA EXT. RR 25,000.00 BRIDAL * RR - BRIDAL BOUQUET RR 30,000.00 CACTUS RR 30,000.00 CACTUS EXT. RR 25,000.00 CADENA DE AMOR RR 30,000.00 X 80,000.00 CADENA DE AMOR EXT. RR 25,000.00 CALACHUCHI RR 30,000.00 ROAD I-CALACHUCHI RR 25,000.00 CAMIA RR 30,000.00 CARIAGA ** RR 30,000.00 CAPRICORN RR 30,000.00 CARNATION RR 30,000.00 CHARLIE RR 30,000.00 DAFFODIL RR 30,000.00 DAHLIA RR 30,000.00 DAHLIA EXTENSION RR 25,000.00 DAMA DE NOCHE RR 30,000.00 DIAMOND RR 30,000.00 DUHAT RR 30,000.00 DUNHILL RR 30,000.00 DURIAN RR 30,000.00 EARTH RR 30,000.00 EMERALD RR 30,000.00 ESCARLATA RR 30,000.00 ESCUELA RR 30,000.00 X 50,000.00 GEMINI RR 30,000.00 GUMAMELA RR 30,000.00 GUMAMELA EXT. RR 25,000.00 HUDYAT RR 30,000.00 ILANG-ILANG RR 30,000.00 JADE RR 30,000.00 JADE EXTENSION ** RR - JASMIN RR 30,000.00 X 80,000.00 JASMIN EXT. RR 25,000.00 cor. Sampaguita St. CR 50,000.00 JUPITER INT. RR 25,000.00 JUPITER RR 30,000.00 KALAMANSI RR 30,000.00 KAMPUPOT RR 30,000.00 KASOY RR 30,000.00 LAS MARIAS RR 30,000.00 LARIAGA RR 30,000.00 LILAC RR 30,000.00 LIRIO RR 30,000.00 LOTUS RR 30,000.00 LOTUS EXT. RR 25,000.00 LOWER AZUCENA RR 30,000.00 LUCBAN RR 30,000.00 MANSANAS RR 30,000.00 MARANG RR 30,000.00 MARICEL RR 30,000.00 MARS RR 30,000.00 MAYA RR 30,000.00 MERCURY RR 30,000.00 MIRASOL RR 30,000.00 MORNING GLORY RR 30,000.00 MULLIEN RR 30,000.00 NEPTUNE RR 30,000.00 ORKIDIA RR 30,000.00 ORKIDIA EXT. RR 25,000.00 PANAY RR 30,000.00 PAPAYA RR 30,000.00 PARAISO RR 30,000.00 UPPER PARAISO RR 30,000.00 LOWER PARAISO RR 30,000.00 PIONEER RR 30,000.00 PISCES RR 30,000.00 PITIMINI RR 30,000.00 PLUTO RR 30,000.00 ROAD LOT 275 RR 25,000.00 ROAD LOT 276 RR 25,000.00 ROAD LOT 277 RR 25,000.00 ROSAL RR 30,000.00 ROSAS RR 30,000.00 RUBY RR 30,000.00 SAMPAGUITA RR 30,000.00 Brgy. Rizal Bdry. to Brgy. Comembo Bdry. CR 50,000.00 SAMPAGUITA EXT. RR 25,000.00 SAMPALOC RR 30,000.00 SAN JOSE RR 30,000.00 SAN PEDRO RR 30,000.00 SANTAN RR 30,000.00 SATURN RR 30,000.00 SENIA *** RR - STA. MARIA RR 30,000.00 SUNFLOWER RR 30,000.00 TAMBULI RR 30,000.00 TAAQUIN ** RR 30,000.00 TARGET RANGE BLVD. ** RR 30,000.00 TARGET RANGE BLVD. EXT. RR 25,000.00 TARHATA RR 30,000.00 TAURUS RR 30,000.00 TOPAZ RR 30,000.00 TULIP (ROAD LOT 278) RR 30,000.00 UMBEL RR 30,000.00 UNIVERSE RR 30,000.00 UPPER AZUCENA RR 30,000.00 URANUS RR 30,000.00 VENUS RR 30,000.00 VIOLETA RR 30,000.00 WALING-WALING RR 30,000.00 WATERLILY RR 30,000.00 XYRIS RR 30,000.00 YELLOW BELL RR 30,000.00 ZENIA RR 30,000.00 ALL OTHER STREETS RR 25,000.00 CC 70,000.00 ALL TOWNHOUSES **** RC 60,000.00 PS 50,000.00 * BRIDAL BOUQUET is the same as BRIDAL ** JADE ST. is the same as JADE EXTENSION *** SENIA is the same as ZENIA X Institution, embassy, church and school Developer/Owner of condominium project built after the effectivity of this revision shall request for assignment of zonal values (ZV) from the Technical Committee of Real Property Valuation (TCRPV). BARANGAY: PINAGKAISAHAN STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. AGUTAYA RR 65,000.00 BALABAC RR 65,000.00 BELLEZA RR 65,000.00 CANIGARAN (CALIGIRAN) * RR 65,000.00 CUYO RR 65,000.00 DANLIG RR 65,000.00 EDSA Brgy. Forbes Bdry. to Brgy. Guadalupe CR 210,000.00 Nuevo Bdry. ENSUENO RR 65,000.00 IRAN RR 65,000.00 GABONG RR 65,000.00 GRACIA RR 65,000.00 EDSA to Limbo St. CR 80,000.00 HARVARD RR 65,000.00 EDSA to Quingua St. CR 80,000.00 HONDA RR 65,000.00 EDSA to Galigaran St. CR 80,000.00 HONDA EXT. ** RR 65,000.00 JERVOIS RR 65,000.00 KALAYAAN AVENUE RR 65,000.00 EDSA to Bry. Pitogo Bdry. CR 80,000.00 RR 65,000.00 LIMBO (LIMAS) Kalayaan Ave. to Gracia St. CR 80,000.00 NATIVE RR 65,000.00 OTON RR 65,000.00 P. CORTEZ RR 65,000.00 PINOS RR 65,000.00 QUINGUA RR 65,000.00 TABLAS RR 65,000.00 TOLENTINO RR 65,000.00 ROCKFORT RESIDENCES RC 80,000.00 ALL OTHER STREETS RR 65,000.00 CR 80,000.00 ALL TOWNHOUSES RC 60,000.00 RC 60,000.00 ALL CONDOMINIUMS CC 70,000.00 PS 50,000.00 ALL APARTMENTS RR 60,000.00 ALL OTHERS CLASSIFIED AS COMMERCIAL BLDG. CC 80,000.00 BARANGAY: PITOGO STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. AKLAN RR 40,000.00 BASILAN RR 40,000.00 BATANES (BATANGAS) * RR 40,000.00 BILIRAN RR 40,000.00 BOHOL RR 40,000.00 CATANDUANES RR 40,000.00 CEBU RR 60,000.00 CORREGIDOR RR 40,000.00 D.V.LAURILLA RR 60,000.00 GUIMARAS RR 40,000.00 HOMONHON RR 40,000.00 HUNDRED ISLAND RR 40,000.00 ISLA VERDE RR 40,000.00 JACINTO ** RR - RR 60,000.00 KALAYAAN AVENUE Brgy. Pinagkaisahan Bdry. to Guadalupe CR 80,000.00 Nuevo Bdry. LEYTE RR 40,000.00 LIMASAWA RR 40,000.00 LUZON RR 40,000.00 CR 80,000.00 MACTAN RR 40,000.00 MARINDUQUE RR 40,000.00 MASBATE RR 40,000.00 MINDORO RR 40,000.00 NEGROS RR 40,000.00 PALAWAN RR 40,000.00 Kalayaan Ave. to Panay St. CR 80,000.00 PALAWAN EXT. RR 40,000.00 PANAY RR 40,000.00 Brgy. Pinagkaisahan bdry. to Palawan St. CR 80,000.00 ROMBLON RR 40,000.00 SAMAR RR 40,000.00 SARANGANI RR 40,000.00 SECOGON RR 40,000.00 SIQUIJOR RR 40,000.00 SULU RR 40,000.00 SURIGAO RR 40,000.00 TABLAS RR 40,000.00 TAWI-TAWI RR 40,000.00 ALL OTHER STREETS RR 40,000.00 ALL TOWNHOUSES RC 60,000.00 CC - ALL CONDOMINIUMS **** RC - PS - * BATANES is formerly named BATANGAS ** JACINTO ST. is part of Guadalupe Nuevo *** ZV for PS in the 6th revision is 60% of the ZV assigned to the condominium unit. All condominiums were already identified, thus there are no condominiums to be classified as "Other Condominiums" as of 7th Revision, Developer/Owner of condominium project built after the effectivity of this revision shall request for assignment of zonal values (ZV) from the members of the Technical Committee of Real Property Valuation (TCRPV). BARANGAY: RIZAL STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. A. BONIFACIO RR 30,000.00 A. MABINI RR 30,000.00 ABAD SANTOS RR 30,000.00 ADARNA RR 30,000.00 ADELA RR 30,000.00 AGUILA RR 30,000.00 AGLIPAY RR 30,000.00 AGUINALDO Aquino St. to bdry. of Post Proper Southside RR 30,000.00 AMARILLO RR 30,000.00 AMORSECO RR 30,000.00 ATIS RR 30,000.00 AVOCADO RR 30,000.00 BAYABAS RR 30,000.00 BEGONIA RR 30,000.00 BLUEBOZ RR 30,000.00 BLUEBERRY RR 30,000.00 BLUEBIRD RR 30,000.00 C. AQUINO RR 30,000.00 C. M. RECTO RR 30,000.00 CASOY RR 30,000.00 CATTLEYA RR 30,000.00 CHICO RR 30,000.00 COL. RESMA (COL. REGINA) * RR 30,000.00 D. SILANG RR 30,000.00 DAFFODIL RR 30,000.00 DAISY RR 30,000.00 DALANDAN RR 30,000.00 DOA AURORA RR 30,000.00 DOA LUZ RR 30,000.00 DOVE RR 30,000.00 DUHAT RR 30,000.00 EVERLASTING RR 30,000.00 FLAMINGO RR 30,000.00 FLORAVILLE RR 30,000.00 FORTUNE PLANT RR 30,000.00 GARCIA RR 30,000.00 GLADIOLA RR 30,000.00 GOLD FINCH (GOLDPIN) ** RR 30,000.00 GUYABANO RR 30,000.00 IVORY Sampaguita Ext. to Blueboz St. RR 30,000.00 J. P. RIZAL RR 30,000.00 J. VARGAS RR 30,000.00 JACINTO RR 30,000.00 JAENA RR 30,000.00 KILYAWAN RR 30,000.00 KING FISHER RR 30,000.00 LANZONES RR 30,000.00 LAUREL RR 30,000.00 LAWIN RR 30,000.00 LILAC RR 30,000.00 LOBO RR 30,000.00 LOVEBIRD RR 30,000.00 LUNA RR 30,000.00 M. L. QUEZON RR 30,000.00 MACOPA RR 30,000.00 MAGNOLIA Floraville St. to Southsea St. RR 30,000.00 MALVAR RR 30,000.00 MANGGA RR 30,000.00 MANSANAS RR 30,000.00 MARCOS RR 30,000.00 MARTINEZ RR 30,000.00 MAYA EXTENSION RR 30,000.00 MAYA RR 30,000.00 M. H. DEL PILAR RR 30,000.00 MILFLORES RR 30,000.00 MILKWEED RR 30,000.00 N. AQUINO RR 30,000.00 ORIOLE RR 30,000.00 OWL RR 30,000.00 P. HERRERA RR 30,000.00 PABLO REAL (PAGURIA) *** RR 30,000.00 PALOMA CIRCLE RR 30,000.00 PASCUA (PASCUAL) **** RR 30,000.00 PENGUIN RR 30,000.00 PERFECTO RR 30,000.00 PETUNIA RR 30,000.00 PIPIT RR 30,000.00 PUNAY (PONY) ***** RR 30,000.00 PUGO RR 30,000.00 QUAIL RR 30,000.00 QUIRINO RR 30,000.00 R. MAGSAYSAY RR 30,000.00 RDLOT360 RR 30,000.00 RDLOT366 RR 30,000.00 RICARTE RR 30,000.00 ROMA AMOR RR 30,000.00 ROSE RR 30,000.00 ROXAS RR 30,000.00 SAMPAGUITA EXTENSION RR 30,000.00 SAN FRANCISCO RR 30,000.00 SOUTH SEA RR 30,000.00 SPRING BEAUTY RR 30,000.00 SWEET ORANGE RR 30,000.00 T.M. KALAW RR 30,000.00 TAGAK RR 30,000.00 TIFFANY RR 30,000.00 TOLENTINO RR 30,000.00 UBAS RR 30,000.00 WATER BIRD RR 30,000.00 WATER LILY RR 30,000.00 WOODPECKER RR 30,000.00 XYRIS RR 30,000.00 YABUT RR 30,000.00 YELLOW BIRD RR 30,000.00 371 RR 30,000.00 ALL OTHER STREETS RR 30,000.00 ALL TOWNHOUSES RC 60,000.00 CC - ALL CONDOMINIUMS ******* RC - PS - * COL. RESMA is the same as COL. REGINA ** GOLD FINCH is the same as GOLD PIN *** PABLO REAL is the same as PAGURIA **** PASCUA is the same as PASCUAL ***** PUNAY is the same as PONY ****** ZV for PS is 70% of the ZV assigned to the condominium unit. ******* All condominiums were already identified, thus there are no condominiums to be classified as "Other Condominiums" as of 7th Revision, Developer/Owner of condominium project built after the effectivity of this revision shall request for assignment of zonal values (ZV) from the members of the Technical Committee of Real Property Valuation (TCRPV). BARANGAY: SOUTH CEMBO STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. AGLIPAY RR 50,000.00 AGUINALDO RR 50,000.00 CR 75,000.00 BADAS RR 50,000.00 BURGOS RR 50,000.00 CAPINPIN RR 50,000.00 COL SANTOS RR 50,000.00 ESCODA RR 50,000.00 GABRIELA SILANG RR 50,000.00 GARCIA RR 50,000.00 GEN. DEL PILAR Pitogo Boundary to Gomez St. RR 60,000.00 GEN. LUNA RR 50,000.00 GEN. MALVAR Luzon St. to Gomez St. RR 60,000.00 GEN. RICARTE Pitogo Boundary to Post Proper Northside RR 60,000.00 GOMEZ RR 50,000.00 J.P. RIZAL RR 60,000.00 JACINTO RR 50,000.00 CR 75,000.00 KARINGAL RR 50,000.00 LAUREL RR 50,000.00 LUZON RR 50,000.00 MABINI Gen. Del Pilar St. to Gen. Malvar St. RR 50,000.00 MAGSAYSAY RR 50,000.00 QUEZON RR 50,000.00 QUIJADA RR 50,000.00 QUIRINO RR 50,000.00 ROMULO RR 50,000.00 ZAMORA RR 50,000.00 ALL OTHER STREETS RR 50,000.00 CR 60,000.00 BARANGAY: WEST REMBO STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. A. BONIFACIO RR 35,000.00 A. BONIFACIO EXT. ** RR 35,000.00 A. LUNA RR 35,000.00 A. LUNA EXT. ** RR 35,000.00 A. MABINI RR 35,000.00 A. RICARTE RR 35,000.00 AGULAN (AGUILAR) * RR 35,000.00 B. SERRANO RR 35,000.00 BAYABAS RR 35,000.00 JP Rizal Ext. to Kalayaan Ave. CR 50,000.00 C5-ROAD X 50,000.00 CRISOLOGO RR 35,000.00 DAGOHOY RR 35,000.00 DALANDAN RR 35,000.00 E. AGUINALDO RR 35,000.00 E. JACINTO RR 35,000.00 F. BALAGTAS RR 35,000.00 G. ARELLANO RR 35,000.00 G.L. JAENA RR 35,000.00 G.L. JAENA EXT. ** RR 35,000.00 J. BURGOS RR 35,000.00 RR 35,000.00 JP RIZAL EXT. Brgy. Cembo bdry. to Brgy. East Rembo bdry. CR 50,000.00 X 50,000.00 KABUTE RR 35,000.00 KAIMITO RR 35,000.00 KALAYAAN AVENUE RR 35,000.00 CR 80,000.00 LAPU-LAPU RR 35,000.00 LARIOSA RR 35,000.00 M. CORPUZ RR 35,000.00 MALVAR RR 35,000.00 MANGGA RR 35,000.00 MANSANAS RR 35,000.00 MATABUENA RR 35,000.00 MATATAG RR 35,000.00 P. BANEZ RR 35,000.00 P. GOMEZ RR 35,000.00 PANDAY PIRA RR 35,000.00 PAPAYA RR 35,000.00 PILI AVENUE RR 35,000.00 PIO DEL PILAR RR 35,000.00 SIR BADEN POWELL RR 35,000.00 SUHA RR 35,000.00 T. ALONZO RR 35,000.00 TEACHER'S CMPD. RR 35,000.00 UPPER PLAZA EXT. RR 35,000.00 UPPER PLAZA ROAD 3 RR 35,000.00 UPPER PLAZA RR 35,000.00 ALL OTHERS STREETS RR 35,000.00 * AGULAN is the same as AGUILAR ** Added in 7th revision X Institution, embassy, church and school BARANGAY: POST PROPER NORTHSIDE STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. JAIL SIDE RR 100,000.00 RR 100,000.00 J.P. RIZAL Lawton Ave. to Brgy. West Rembo Bdry. CR 120,000.00 X 120,000.00 LAWTON AVE. Kalayaan Ave. to JP Rizal St. RR 100,000.00 CR 120,000.00 KALAYAAN AVE. Lawton Ave. to Brgy. East Rembo Bdry. RR 100,000.00 CR 120,000.00 TEACHERS COMPOUND RR 100,000.00 ADDITIONAL STREETS PER URBAN DEVELOPMENT DEPARTMENT LISTINGS: - 10TH AVENUE RR 100,000.00 11TH AVENUE RR 100,000.00 14TH AVENUE RR 100,000.00 1ST AVENUE RR 100,000.00 23RD ST. RR 100,000.00 24TH AVENUE RR 100,000.00 10TH ST. RR 100,000.00 11TH ST. RR 100,000.00 24TH ST. RR 100,000.00 25TH ST. RR 100,000.00 26TH ST. RR 100,000.00 27TH ST. RR 100,000.00 28TH ST. RR 100,000.00 29TH ST. RR 100,000.00 2ND AVENUE RR 100,000.00 30TH ST. RR 100,000.00 31ST ST. RR 100,000.00 32ND ST. RR 100,000.00 34TH ST. RR 100,000.00 36TH ST. RR 100,000.00 38TH DRIVE N. RR 100,000.00 38TH ST. (UNIVERSITY PARKWAY) RR 100,000.00 39TH ST. RR 100,000.00 3RD AVENUE RR 100,000.00 40TH ST. RR 100,000.00 4TH AVENUE RR 100,000.00 5TH AVENUE RR 100,000.00 6TH AVENUE RR 100,000.00 7TH AVENUE RR 100,000.00 8TH AVENUE RR 100,000.00 9TH AVENUE RR 100,000.00 BACK ALLEY RR 100,000.00 BONIFACIO AVENUE RR 100,000.00 BURGOS CIRCLE RR 100,000.00 C-5 ROAD (CARLOS P. GARCIA AVE.) RR 100,000.00 CAVALRY HILL ST. RR 100,000.00 FEDERACION DRIVE RR 100,000.00 FORBES TOWN ROAD RR 100,000.00 J.P. RIZAL EXTENSION RR 100,000.00 JUSTICIA DRIVE RR 100,000.00 KALAYAAN AVENUE RR 100,000.00 KATIPUNAN CIRCLE RR 100,000.00 LANE A RR 100,000.00 LANE B RR 100,000.00 LANE C RR 100,000.00 LANE D RR 100,000.00 LANE O RR 100,000.00 LANE P RR 100,000.00 LANE Q RR 100,000.00 LANE R RR 100,000.00 LANE S RR 100,000.00 MABOLO ST. RR 100,000.00 MCKINLEY PARKWAY RR 100,000.00 MCKINLEY ROAD RR 100,000.00 MORNING GLORY ST. RR 100,000.00 NARRA EXTENSION RR 100,000.00 PILI AVENUE RR 100,000.00 RIZAL DRIVE RR 100,000.00 TRIANGLE DRIVE RR 100,000.00 ALL OTHER STREETS RR 100,000.00 CR 120,000.00 X Institution, embassy, church and school BARANGAY: POST PROPER SOUTHSIDE STREET/SUBDIVISION VICINITY CLASSIFICATION 7TH REV. ZV./SQ.M. ZONE 1 MINIPARK VILLAGE ALL LOTS RR 100,000.00 ZONE 2 PALAR ABRAMS RR 100,000.00 BULUSAN RR 100,000.00 ISAROG RR 100,000.00 KANLAON RR 100,000.00 MAKILING RR 100,000.00 MARSHALL RR 100,000.00 MAYON RR 100,000.00 MT. APO RR 100,000.00 PERSHING RR 100,000.00 PINATUBO RR 100,000.00 SCORPION ** RR 100,000.00 TAAL RR 100,000.00 VULCAN RR 100,000.00 ZONE 3 PALAR ABBOT RR 100,000.00 ARCHER RR 100,000.00 BERRET RR 100,000.00 CENTURION RR 100,000.00 CHIEFTAIN RR 100,000.00 CHURCHILL RR 100,000.00 CRUZADER A & B RR 100,000.00 FOX RR 100,000.00 GARDEN LLOYD RR 100,000.00 HARRY HOPPING RR 100,000.00 HORNET RR 100,000.00 SCORPION RR 100,000.00 SEA LION RR 100,000.00 STRIKER RR 100,000.00 SWINGFIRE RR 100,000.00 VALENTINE RR 100,000.00 ZONE 4 PALAR BARON RR 100,000.00 BERRET RR 100,000.00 CENTUAR RR 100,000.00 CHALLENGER RR 100,000.00 COMET RR 100,000.00 CRUISER RR 100,000.00 FIREFLY RR 100,000.00 FOX RR 100,000.00 HORNET RR 100,000.00 INFANTRY RR 100,000.00 MADER RR 100,000.00 MATILDA RR 100,000.00 SWINGFIRE RR 100,000.00 TODPOLE RR 100,000.00 VICKER RR 100,000.00 WHIPPER RR 100,000.00 ZONE 5 PALAR ALLIGATOR RR 100,000.00 AMPARO TIGER RR 100,000.00 BOBCAT RR 100,000.00 CENTUAR RR 100,000.00 CHALLENGER RR 100,000.00 EAGLE RR 100,000.00 EASTWIND RR 100,000.00 ELEPHANT RR 100,000.00 GRASSHOPPER RR 100,000.00 GRILLE RR 100,000.00 JAGUAR RR 100,000.00 PANTHER RR 100,000.00 PIRATE RR 100,000.00 PUMA RR 100,000.00 SARACEN RR 100,000.00 STAGHAUNT RR 100,000.00 TIGER MOUSE RR 100,000.00 ZONE 6 WILDCAT * APAG RR 100,000.00 APITONG RR 100,000.00 ATIS RR 100,000.00 BARTOLOME ** RR 100,000.00 BAKAWAN RR 100,000.00 CHALLENGER ** RR 100,000.00 CHICOS ** RR 100,000.00 DADO RR 100,000.00 DURIAN RR 100,000.00 FERN ** RR 100,000.00 GUAVA RR 100,000.00 MABINI ** RR 100,000.00 TIAGA ** RR 100,000.00 ZONE 7 G2 VILLAGE AGUILA ** RR 100,000.00 DOVE RR 100,000.00 EAGLE RR 100,000.00 HERON RR 100,000.00 KINGFISHER RR 100,000.00 LAWIN RR 100,000.00 MARTINEZ RR 100,000.00 MAYA RR 100,000.00 ORIOLE RR 100,000.00 OWL RR 100,000.00 PIGEON RR 100,000.00 WOODPECKER RR 100,000.00 ZONE 8 UPPERWEST VILLAGE CAMIA RR 100,000.00 CARNATION RR 100,000.00 DAHLIA RR 100,000.00 DAISY RR 100,000.00 GUMAMELA RR 100,000.00 LOTUS RR 100,000.00 MAGNOLIA RR 100,000.00 ORCHID RR 100,000.00 SANTAN RR 100,000.00 SUNFLOWER RR 100,000.00 WALING-WALING RR 100,000.00 ZONE 9 16TH ISU VALLAGE JUAN LUNA ** RR 100,000.00 PADRE ZAMORA ** RR 100,000.00 AGUINALDO ** RR 100,000.00 TANDANG SORA ** RR 100,000.00 PADRE FAURA ** RR 100,000.00 P. BURGOS ** RR 100,000.00 T.M. KALAW ** RR 100,000.00 M.H. DEL PILAR ** RR 100,000.00 JACINTO ** RR 100,000.00 MABINI ** RR 100,000.00 ALL LOTS RR 100,000.00 ZONE 10 ISG VILLAGE PALKATA ** RR 100,000.00 IPIL IPIL ** RR 100,000.00 TALISAY ** RR 100,000.00 BALETE ** RR 100,000.00 MOLAVE ** RR 100,000.00 DAPDAP ** RR 100,000.00 NARRA ** RR 100,000.00 ALL LOTS RR 100,000.00 ZONE 11 DALANGHITA ** RR 100,000.00 BAYABAS ** RR 100,000.00 ATIS ** RR 100,000.00 CHICO ** RR 100,000.00 GUYABANO ** RR 100,000.00 MACOPA ** RR 100,000.00 DURIAN ** RR 100,000.00 DUHAT ** RR 100,000.00 MANGGA ** RR 100,000.00 LANSONES ** RR 100,000.00 DALANDAN ** RR 100,000.00 SANTOL ** RR 100,000.00 MABOLO ** RR 100,000.00 POMELO ** RR 100,000.00 CHEZZA ** RR 100,000.00 ALL LOTS RR 100,000.00 ZONE 12 SSU/ASCOM ACOMPOUND, (PHIL. ARMY) ALL LOTS RR 100,000.00 ZONE 13 SOUTHERN POLICE DISTRICT COMMAND (SPDC) ALL LOTS RR 100,000.00 ZONE 14 BONIFACIO NAVAL STATION ALMOND RR 100,000.00 AVOCADO RR 100,000.00 DAHLIA RR 100,000.00 EVERLASTING RR 100,000.00 GUIJO RR 100,000.00 ILANG-ILANG RR 100,000.00 JASMINE RR 100,000.00 KARANGALAN RR 100,000.00 MACOPA RR 100,000.00 ROSAL RR 100,000.00 SAMPAGUITA RR 100,000.00 WALING-WALING RR 100,000.00 ZONE 15 FORMERLY JUSMAG AREA (affected by MEGAWORLD PROJECT) *** JADE RR - OPAL RR - RUBY RR - ZONE 16 CONSULAR AREA 601.00 RR 100,000.00 602.00 RR 100,000.00 603.00 RR 100,000.00 604.00 RR 100,000.00 605.00 RR 100,000.00 606.00 RR 100,000.00 607.00 RR 100,000.00 608.00 RR 100,000.00 609.00 RR 100,000.00 610.00 RR 100,000.00 611.00 RR 100,000.00 612.00 RR 100,000.00 613.00 RR 100,000.00 614.00 RR 100,000.00 615.00 RR 100,000.00 616.00 RR 100,000.00 617.00 RR 100,000.00 619.00 RR 100,000.00 ZONE 17 MANILA TRANSMITTER STATION ALL LOTS RR 100,000.00 ZONE 18 HEADQUARTERS PHILIPPINE ARMY BAYANI ROAD RR 100,000.00 Lawton Ave. to Libingan ng mga Bayani CR 120,000.00 ADDITIONAL STREETS PER URBAN DEVELOPMENT DEPARTMENT LISTINGS: 21st DR. RR 100,000.00 26TH ST. RR 100,000.00 5TH AVE. RR 100,000.00 ACACIA DR. RR 100,000.00 ARANAI RR 100,000.00 AVIGNON RR 100,000.00 BAYANI RD. RR 100,000.00 BLUE MARLIN RR 100,000.00 BLUEBERRY ST. RR 100,000.00 BLUEBOZ ST. RR 100,000.00 BONIFACIO AVE. RR 100,000.00 C-5 ROAD (CARLOS P. GARCIA AVE.) RR 100,000.00 CAMPUS AVE. RR 100,000.00 CHAMPAGNE RR 100,000.00 COMMANSO ST. RR 100,000.00 COMMANDO RD. CONSULAR RD. RR 100,000.00 COUNTRY CLUB CIR RR 100,000.00 COUNTRY CLUB RD. RR 100,000.00 DON CHINO ROCES EXT. (PASONG TAMO) RR 100,000.00 FAIRGREEN RR 100,000.00 FAIRWOOD RR 100,000.00 FLORENCE WAY RR 100,000.00 GARDEN LLOYD RR 100,000.00 GRANT ST. RR 100,000.00 HERMITAGE RR 100,000.00 HIGHLAND RR 100,000.00 HILLSIDE RR 100,000.00 HORNET RR 100,000.00 HPA RD. RR 100,000.00 ILANG ILANG RR 100,000.00 KARANGALAN RR 100,000.00 LATOUR RR 100,000.00 LAWIN ST. RR 100,000.00 LAWTON AVE. RR 100,000.00 LOCUST ST. RR 100,000.00 LT. GEN. ALFONSO ARELLANO RR 100,000.00 LYON RR 100,000.00 MADER RR 100,000.00 MAPLE RD. RR 100,000.00 MARGAUX RR 100,000.00 MAUTON RR 100,000.00 MC ANDREW RD. RR 100,000.00 MCKINLEY DR. RR 100,000.00 MCKINLEY PARK RD. RR 100,000.00 MCKINLEY RD. RR 100,000.00 MGEN. M. MADALEM RR 100,000.00 N RD. RR 100,000.00 NAPLES DR. RR 100,000.00 NEW CASTLE RR 100,000.00 OLD LAWTON AVE. RR 100,000.00 ORANGE GROVE DR. RR 100,000.00 PARK AVENUE RR 100,000.00 PARKVIEW RD. RR 100,000.00 PEBBLEWOOD RR 100,000.00 PENGUIN ST. RR 100,000.00 PINECREST RR 100,000.00 PINETREE RD. RR 100,000.00 PRINCETON RR 100,000.00 R. PAPA ST. RR 100,000.00 RICHMORE RR 100,000.00 RIZAL DRIVE RR 100,000.00 ROSAL ST. RR 100,000.00 SAMPAGUITA ST. RR 100,000.00 SARACEN RR 100,000.00 SARACEN ST. RR 100,000.00 SAVOY RR 100,000.00 SERVICE RD. RR 100,000.00 SOMERSET RR 100,000.00 ST. JULIEN RR 100,000.00 ST. TROPEZ RR 100,000.00 TIGER MOUSE ST. RR 100,000.00 TURIN RR 100,000.00 UPPER MCKINLEY RD. RR 100,000.00 VALENTINE RR 100,000.00 VENEZIA DR. RR 100,000.00 VIIPER RR 100,000.00 WOODLAND RR 100,000.00 WOODPECKER ST. RR 100,000.00 WOODRIDGE RR 100,000.00 ALL OTHER STREETS RR 100,000.00 CR 120,000.00 * ARANDIA, BONIFACIO, EUCALIPTUS, MACOPA and TULIAO of ZONE 6 are included in the 6th Revision but now deleted by the Office of the Barangay Chairman ** Added in 7th revision *** JADE, OPAL and RUBY of ZONE 15 are included in the 6th Revision but now deleted by the Office of the Barangay Chairman due to MEGAWORLD Project Note: Developer/Owner of condominium project and townhouse in all Barangays built after the effectivity of this revision shall request for assignment of zonal values (ZVG) from the Technical Committee of Real Property Valuation (TCRPV). CERTAIN GUIDELINES IN THE IMPLEMENTATION OF ZONAL VALUE OF REAL PROPERTIES FOR RDO NO. 50-SOUTH 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. 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 PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED THERETO. CAIHTE 4. AREAS FOR PRIORITY DEVELOPMENT (APD). 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. 5. 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 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.