Muntinlupa City

June 7, 2019 ZONAL VALUATION REVENUE DISTRICT OFFICE NO. 53B - MUNTINLUPA CITY IMPLEMENTATION OF THE REVISED SCHEDULE OF ZONAL VALUES OF REAL PROPERTIES IN THE CITY OF MUNTINLUPA, NATIONAL CAPITAL REGION (8th REVISION) WITHIN THE JURISDICTION OF REVENUE DISTRICT OFFICE NO. 53B-MUNTINLUPA CITY FOR INTERNAL REVENUE TAX PURPOSES DEFINITION OF TERMS RESIDENTIAL LAND/CONDOMINIUM PRINCIPALLY DEVOTED TO HABITATION COMMERCIAL LAND 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. 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 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 PS Parking Slot 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 SCHEDULE OF RECOMMENDED ZONAL VALUES OF REAL PROPERTIES Revenue Region No. 8-Makati City Revenue District Office No. 53B-Muntinlupa City City/Municipality: MUNTINLUPA CITY D.O. NO. 039-2019 Barangay: ALABANG Effectivity Date July 11, 2019 STREETS/SUBDIVISIONS/ CONDOMINIUMS/TOWNHOUSES VICINITY CLASSIFICATION 8TH REV ZV.SQ.M ALONG PHILIPPINE NATIONAL RAILWAYS BARRIO PROPER RR 12,000.00 CORPORATE WOODS LOOP FILINVEST CORPORATE CITY CR 250,000.00 DE MESA COMPOUND L & B 2 RR 14,000.00 EAST SERVICE ROAD ALABANG TOLL GATE-CUPANG RIVER RR* 45,000.00 ALONG THE ROAD CR* 50,000.00 I No property classified as such in the area X ALABANG TOLL GATE-CUPANG RIVER RR 25,000.00 INTERIOR CR 35,000.00 ESTE HONOR COMPOUND BARRIO PROPER RR** 13,000.00 F. DE CASTRO COMPOUND RR 13,000.00 X 23,000.00 FILINVEST CORPORATE CITY ALABANG-ZAPOTE RD.-FILINVEST AVENUE CR 250,000.00 X 225,000.00 HIGHWAY HOMES SUBD. NATIONAL HIGHWAY RR*** 15,000.00 LAGUNA HEIGHTS FILINVEST CORPORATE CITY CR 250,000.00 L & B COMPOUND 1 INT. NATIONAL ROAD RR 15,000.00 L & B COMPOUND 2 INT. T.M. ROAD RR*** 15,000.00 L & B COMPOUND 3 LAGUNA DE BAY RR**** 15,000.00 MENDIOLA ST. BARRIO PROPER RR 15,000.00 X 25,000.00 MONTILLANO ST. INTERIOR (PNR-TM Road) RR 25,000.00 NATIONAL RD.-TM ROAD CR 50,000.00 INTERIOR MONTILLANO X 40,000.00 NATIONAL ROAD TOLL GATE-BAYANAN RIVER RR 40,000.00 CR 50,000.00 X 45,000.00 NORTHGATE CENTER ALABANG ZAPOTE-NORTH BRIDGEWAY/Northgate District (additional vicinity) * CR 250,000.00 X 250,000.00 PACIFIC RIM FILINVEST CORPORATE CITY CR 250,000.00 PALMS POINTE SUBDIVISION FILINVEST CORPORATE CITY RR 100,000.00 PLEASANT VILLAGE SOUTH EXPRESSWAY RR 15,000.00 REMERATA SUBDIVISION L & B COMPOUND RR 15,000.00 SPECTRUM/BRIDGEWAY/COMMERCE AVE. FILINVEST CORPORATE CITY CR 250,000.00 T. MOLINA ST. BARRIO PROPER RR 15,000.00 TM RD-LAGUNA LAKESIDE LAGUNA LAKE SIDE RR**** 5,000.00 TM RD ALABANG (SAN GUILLERMO STREET) PNR SIDE PNR SIDE RR**** 7,000.00 TIERRA VILLAS L & B 2 RR*** 15,000.00 UP SIDE SUBDIVISION NATIONAL HIGHWAY-BAYANAN CREEK RR*** 15,000.00 WESTGATE CENTER ALABANG ZAPOTE-COMMERCE AVENUE CR 250,000.00 WEST SERVICE ROAD HILLSIDE HOSPITAL-BAYANAN RR 25,000.00 CR 50,000.00 I 45,000.00 X 35,000.00 ALL OTHER STREETS RR 13,000.00 CR 50,000.00 I 45,000.00 X 25,000.00 CONDOMINIUMS 2301 CIVIC PLACE CONDOMINIUM FILINVEST CORPORATE CITY RC 95,000.00 CC 110,000.00 PS 68,000.00 ACACIA GROVE/ACACIA HOTEL FILINVEST CORPORATE CITY RC 140,000.00 CC 160,000.00 PS 90,000.00 ASIAN STAR CONDOMINIUM FILINVEST CORPORATE CITY RC ****** CC 100,000.00 PS 70,000.00 ASIAN HOSPITAL & MEDICAL CTR FILINVEST CORPORATE CITY RC ****** CC 250,000.00 PS 150,000.00 ASPEN TOWER FILINVEST CORPORATE CITY RC 100,000.00 CC ***** PS 70,000.00 AVIDA TOWERS-ALTURA National Road (Alabang Area) RC 120,000.00 CC ***** PS 84,000.00 BOTANIKA NATURE RESOURCES FILINVEST CORPORATE CITY RC 150,000.00 CC ***** PS 85,000.00 BRISTOL CONDOMINIUM FILINVEST CORPORATE CITY RC 130,000.00 CC 180,000.00 PS 80,000.00 CAPITAL ONE FILINVEST CORPORATE CITY RC ****** CC 100,000.00 PS 70,000.00 CHMI HOTEL AND RESIDENCES (ACACIA HOTEL) FILINVEST CORPORATE CITY RC Referred to as Acacia Grove/Acacia Hotel CC PS CIVIC PRIME CONDO FILINVEST CORPORATE CITY RC 95,000.00 CC 110,000.00 PS 70,000.00 ENTRATA TOWER ALABANG-ZAPOTE ROAD RC 125,000.00 CC 145,000.00 PS 85,000.00 LA VIE FLATS FILINVEST CORPORATE CITY RC 115,000.00 CC ***** PS 75,000.00 MONDRIAN PLACE FILINVEST CORPORATE CITY RC 115,000.00 CC ***** PS 75,000.00 PAULINE CONDOMINIUM ILAYA RC 35,000.00 CC ***** PS 30,000.00 PARQUE ESPAA RESIDENCE HOTEL FILINVEST CORPORATE CITY RC 90,000.00 CC ***** PS 65,000.00 PLAZA A CONDOMINIUM FILINVEST CORPORATE CITY RC ****** CC 100,000.00 PS 70,000.00 PLAZA B CONDOMINIUM FILINVEST CORPORATE CITY RC ****** CC 100,000.00 PS 70,000.00 PLAZA C, D, E CONDOMINIUM ^ FILINVEST CORPORATE CITY CC 100,000.00 PS 70,000.00 RICHVILLE REGENCY SUITES CONDOMINIUM FILINVEST CORPORATE CITY RC Correct Condo Name is Vivere Resorts and Hotel CC PS SOUTH GATE TOWER FILINVEST CORPORATE CITY RC Relocated to Barangay Ayala Alabang CC PS STUDIO ONE CONDO FILINVEST CORPORATE CITY RC 100,000.00 CC 120,000.00 PS 70,000.00 STUDIO TWO CONDO FILINVEST CORPORATE CITY RC 100,000.00 CC 120,000.00 PS 70,000.00 STUDIO CITY CONDOMINIUM FILINVEST CORPORATE CITY RC 100,000.00 CC 120,000.00 PS 70,000.00 THE LEVELS FILINVEST CORPORATE CITY RC 115,000.00 CC ***** PS 75,000.00 VECTOR ONE NORTHGATE CYBERZONE RC ****** CC 100,000.00 PS 70,000.00 VIVANT FLATS FILINVEST CORPORATE CITY RC 115,000.00 CC ***** PS 75,000.00 VIVERE HOTEL AND RESORTS FILINVEST CORPORATE CITY RC 120,000.00 CC 130,000.00 PS 80,000.00 WEST PARC ALDER FILINVEST CORPORATE CITY RC 95,000.00 CC 110,000.00 PS 68,000.00 WEST PARC BIRCH FILINVEST CORPORATE CITY RC 95,000.00 CC 110,000.00 PS 68,000.00 WEST PARC CEDAR FILINVEST CORPORATE CITY RC 95,000.00 CC 110,000.00 PS 68,000.00 WESTGATE TOWER CONDO MADRIGAL BUSINESS PARK RC ****** CC 100,000.00 PS 70,000.00 NEW CONDOMINIUM BUILDING CERCA ALABANG INVESTMENT DRIVE COR. ALABANG ZAPOTE ROAD RC 170,000.00 PS 110,000.00 PARKWAY CORPORATE CENTER FILINVEST CORPORATE CITY CC 195,000.00 PS 120,000.00 3 FORTY FIFTH RESIDENCES ALABANG RC 150,000.00 PS 105,000.00 TOWNHOUSES (CCT) NHA FILINVEST NORTHGATE CYBERZONE CENTER RC 35,000.00 LA RESIDENCIA ALABANG HILLS VILLAGE, ALABANG RC 72,000.00 NOTE: - X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc. - Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation. * As per City Assessor's Recommendation reclassified as Residential (Interior) and Commercial (Along the Road) ** Composed mostly of Low Cost Residential\Socialized Housing Area *** Located within or near the faultline area **** Low lying or flood prone area ***** As per ocular inspection and conformed by the Assessor's Office, building is exclusively residential ****** As per ocular inspection and conformed by the Assessor's Office, building is exclusively commercial Barangay: AYALA ALABANG STREETS/SUBDIVISIONS/ CONDOMINIUMS/TOWNHOUSES VICINITY CLASSIFICATION 8TH REV ZV.SQ.M ALABANG TOWN CENTER ALABANG-ZAPOTE ROAD- COMMERCE CR* 250,000.00 AVENUE X 200,000.00 AYALA ALABANG COMMERCIAL CENTER ALABANG-ZAPOTE ROAD/MADRIGAL BUSINESS PARK CR* 250,000.00 AYALA ALABANG VILLAGE PHASES 1, 2A, 2B, 3A1, 3A2, 3B1, 3B2, 3B3, 4, 5, 6, 7, 8A, 8B, 9, 10A, 10B, 10C, 10D, XI-A, XI-B, XI-C & XII RR 100,000.00 117,500.00 LOTS BACKING THE GOLF COURSE PHASES 4 & 2B RR 120,000.00 LOTS ALONG THE PERIMETERS OF APITONG, ADELFA, ROSAL, BATANGAS EAST, SOUTH & WEST, TAMARIND, LANGKA, SANTIAGO, & PORTIONS OF SAN JUANICO, GUAVA DRIVE, TAMARIND DRIVE, SAN LORENZO, MABOLO, CAMACHILE AND PILI DRIVE RR 80,000.00 SCHOOLS, CHURCHES X 90,000.00 AYALA ALABANG EMPLOYEES HOUSING PROJECT 1 & 2 (AEHP 1 & 2 EMPLOYEES HOUSING) RR 80,000.00 BPI HOUSING RR 80,000.00 LOTS ALONG ACACIA AVENUE RR 150,000.00 LOTS ALONG MADRIGAL AVENUE RR 150,000.00 LOTS ALONG MINDANAO AVENUE RR 120,000.00 MADRIGAL BUSINESS PARK 1 & 2 ALONG COMMERCE AVE./AYALA ALABANG CR* 250,000.00 MADRIGAL BUSINESS PARK 3 ALABANG HILLS VILLAGE/PACIFIC VILLAGE CR** 250,000.00 X 200,000.00 MADRIGAL-VASQUEZ PROPERTY MADRIGAL AVE. ALABANG-ZAPOTE RD. CR 250,000.00 MOLITO COMMERCIAL COMPLEX ALABANG-ZAPOTE RD.-APITONG CR* 250,000.00 ALL OTHER STREETS RR 80,000.00 CR 250,000.00 X 200,000.00 CONDOMINIUM ALABANG BUSINESS TOWER MADRIGAL BUSINESS PARK RC *** CC 100,000.00 PS 70,000.00 ALPAP BLDG. MADRIGAL BUSINESS PARK RC *** CC 105,000.00 PS 75,000.00 AYALA LIFE-FGU CENTER MADRIGAL BUSINESS PARK RC *** CC 105,000.00 PS 75,000.00 AVIDA TOWER CONDO MADRIGAL BUSINESS PARK RC 100,000.00 CC 120,000.00 PS 70,000.00 AZUMI RESIDENCES MADRIGAL BUSINESS PARK RC 100,000.00 CC 120,000.00 PS 70,000.00 CELEREICA CORP. TOWER CONDO (MAFRE INSULAR) ACACIA AVENUE, AYALA ALABANG VILLAGE RC *** CC 90,000.00 PS 65,000.00 COMMON GOAL TOWER MADRIGAL BUSINESS PARK RC *** CC 100,000.00 PS 70,000.00 DAFFODILS (ENERGY OPT) VENTURE ST., MADRIGAL BUSINESS PARK RC *** CC 90,000.00 PS 65,000.00 DON NICANOR REALTY (PAGE ONE ) ACACIA ST., MADRIGAL BUSINESS PARK RC Referred to as Page One Building CC PS KINGSTON TOWER MADRIGAL BUSINESS PARK RC *** CC 105,000.00 PS 70,000.00 NOL BUILDING MADRIGAL BUSINESS PARK RC *** CC 100,000.00 PS 65,000.00 PAGE ONE MADRIGAL BUSINESS PARK RC *** CC 90,000.00 PS 65,000.00 PHILAM LIFE BLDG. MADRIGAL BUSINESS PARK RC *** CC 108,000.00 PS 75,000.00 PARAGON CORPORATE CENTER MADRIGAL BUSINESS PARK RC *** CC 90,000.00 PS 65,000.00 PARK TRADE CENTER MADRIGAL BUSINESS PARK RC *** CC 90,000.00 PS 65,000.00 PRIME CENTER MADRIGAL BUSINESS PARK RC *** CC 90,000.00 PS 65,000.00 RICHVILLE CORPORATE CENTER MADRIGAL BUSINESS PARK RC *** CC 100,000.00 PS 70,000.00 RICHVILLE CORPORATE TOWER MADRIGAL BUSINESS PARK RC *** CC 100,000.00 PS 70,000.00 RICHVILLE REGENCY SUITES CONDO (VIVERE HOTEL) MADRIGAL BUSINESS PARK RC Correct Condo Name is Vivere Hotel (Brgy. Alabang) CC PS SONRIA MADRIGAL BUSINESS PARK RC 120,000.00 CC 145,000.00 PS 80,000.00 SOUTH CENTER TOWER MADRIGAL BUSINESS PARK RC *** CC 100,000.00 PS 70,000.00 SOUTHGATE BLDG. MADRIGAL BUSINESS PARK RC *** CC 105,000.00 PS 75,000.00 UNIOIL CENTER BLDG. MADRIGAL BUSINESS PARK RC *** CC 100,000.00 PS 69,000.00 TOWNHOUSES (CCT) NEW AYALA ALABANG TOWNHOUSE AYALA ALABANG VILLAGE RC 75,000.00 NOTE: - X (Institutional) pertains to School, Churches, Hospitals, Hotel, etc. - Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation LEGEND: * A Central Business District Area ** Per recommendation from the City Assessor's Office and validated through ocular inspection this should be appropriately located in Ayala Alabang and not in Brgy. Cupang *** As per occular inspection and conformed by the Assessor's Office, building is exclusively commercial Barangay: BAYANAN STREETS/SUBDIVISIONS/ CONDOMINIUMS/TOWNHOUSES VICINITY CLASSIFICATION 8TH REV ZV.SQ.M ALONG PHILIPPINE NATIONAL RAILWAYS BARRIO PROPER RR* 10,000.00 BAGONG PARAISO INT. TM ROAD RR** 8,000.00 BAUTISTA ST. NATIONAL ROAD-T.M. ROAD RR 20,000.00 NATIONAL ROAD CR 48,000.00 NATIONAL ROAD-SLEX RR 20,000.00 FILRIZAM SUBDIVISION INT. BAUTISTA ST. RR 15,000.00 NATIONAL ROAD BAYANAN RVR-PUTATAN BDRY. RR 30,000.00 CR 50,000.00 X 42,000.00 PUROK 1-IV EXPRESSWAY RR**** 10,000.00 SOUTH LUZON EXPRESSWAY (SLEX) POBLACION RIVER-ALABANG VIADUCT RR* 15,000.00 CR* 45,000.00 I* 35,000.00 X* 25,000.00 SUMMIT CIRCLE INT. NATIONAL ROAD RR 10,000.00 SUNRISE VILLAGE ALONG RAILROAD RR 8,000.00 T.M. ROAD LAKESIDE-T.M. ROAD RR*** 5,000.00 T.M. ROAD (SAN GUILLERMO ST.) PNR SIDE RR*** 7,000.00 ALL OTHER STREETS RR 7,000.00 CR 45,000.00 I 33,000.00 X 25,000.00 NOTE : - X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc. - Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation. LEGEND: * No Right of Way ** Composed mostly of Low Cost Residential\Socialized Housing Area *** Low lying or flood prone area **** Per recommendation from the Office of the City Assessor and validated through ocular inspection this should be appropriately described as Purok I. Barangay: BULI STREETS/SUBDIVISIONS/ CONDOMINIUMS/TOWNHOUSES VICINITY CLASSIFICATION 8TH REV ZV.SQ.M ALONG PHILIPPINE NATIONAL RAILWAYS BARRIO PROPER RR* 8,000.00 CONCEPCION ROAD EAST SERVICE ROAD RR 25,000.00 CR 50,000.00 I 45,000.00 X 35,000.00 EAST SERVICE ROAD CUPANG BDRY.-BULI RIVER RR 25,000.00 CR 50,000.00 I 45,000.00 X 35,000.00 ESPELETA ST. BARRIO PROPER RR** 8,000.00 X 10,000.00 T.M. ROAD LAKESIDE RR** 5,000.00 T.M. ROAD (PRESIDENT MANUEL L. QUEZON) PNR SIDE T.M.ROAD-PNR SIDE RR** 7,000.00 X 10,000.00 WEST SERVICE ROAD CUPANG BDRY.-BULI RIVER RR 25,000.00 CR 50,000.00 I 45,000.00 X 35,000.00 ALL OTHER STREETS RR 10,000.00 CR 50,000.00 I 45,000.00 X 35,000.00 CONDOMINIUMS ANUVA CONDO EAST SERVICE ROAD RC 100,000.00 CC *** PS 70,000.00 RHAPSODY RESIDENCES-CARILLON/CELLO/CLARINET/ HARMONICA BLDG./MARIMBA BLDG. EAST SERVICE ROAD RC 100,000.00 CC *** PS 70,000.00 NOTE : - X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc. - Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation. * No Right of Way ** Low lying or flood prone area *** As Per ocular inspection and conformed by the Assessor's Office, building is exclusively residential Barangay: CUPANG STREETS/SUBDIVISIONS/ CONDOMINIUMS/TOWNHOUSES VICINITY CLASSIFICATION 8TH REV ZV.SQ.M ALABANG 400 VILLAGE SUBD. DON JESUS BLVD. RR 45,000.00 ALABANG HILLS VILLAGE SUBD. ST. BENEDICTINE RR 50,000.00 ALABANG HILLSBOROUGH ALABANG HILLS RR 50,000.00 X 60,000.00 ALABANG-ZAPOTE ROAD WESTGATE TO BUENCAMINO CR 120,000.00 TO ALABANG X 80,000.00 ALONG PHILIPPINE NATIONAL RAILWAYS BARRIO PROPER RR 10,000.00 BF HOMES SUBD PHASE 6 ALABANG HILLS RR 35,000.00 DON JESUS BLVD. WEST SERVICE ROAD CR 60,000.00 RR 50,000.00 DON MANOLO BLVD. ALABANG-ZAPOTE ROAD-DON JESUS BLVD. RR 50,000.00 CR 60,000.00 X 55,000.00 EAST SERVICE ROAD CUPANG RIVER-BULI RIVER RR 25,000.00 CR 50,000.00 I 45,000.00 X 35,000.00 EMBASSY VILLAGE EAST SERVICE ROAD RR 35,000.00 I 45,000.00 INTEGRAL TOWNHOMES (INTEGRAL REALTY CORPORATION) ALABANG HILLS RR 50,000.00 INTERCITY HOMES SUBDIVISION WEST SERVICE ROAD RR 17,500.00 KALIPAYAN HOMES VILLAGE DON JESUS BLVD RR 40,000.00 LIBERTY HOMES INT. EAST SERVICE ROAD RR 15,000.00 X 18,000.00 MADRIGAL BUSINESS PARK 3 ALABANG HILLS VILLAGE/PACIFIC VILLAGE CR Located in Brgy. Alabang X MINTCOR SOUTHROW TOWNHOUSES INTERIOR WEST SERVICE ROAD RR 20,000.00 WEST SERVICE ROAD CR 50,000.00 PACIFIC MALAYAN VILLAGE ALABANG HILLS RR 50,000.00 PACIFIC VILLAGE ALABANG HILLS RR 50,000.00 PRIMAVERA HOMES SUBDIVISION RIZAL VILLAGE RR 15,000.00 RIZAL VILLAGE KAP. TIAGO STREET RR 17,500.00 SITIO RIZAL RR 12,000.00 X 18,000.00 SAN JOSE VILLAGE SUBD. ELSIE GACHES RR 25,000.00 X 28,000.00 SITIO RIZAL RIZAL VILLAGE RR 15,000.00 SITIO SANTO NINO SQUATTER AREA RR 8,000.00 TIERRA NUEVA SUBDIVISION ALABANG ZAPOTE ROAD RR 40,000.00 X 45,000.00 T.M. ROAD LAKESIDE RR 5,000.00 T.M. ROAD/PRES. MANUEL L. QUEZON PNR SIDE RR 7,000.00 VILLA DONATA SAN JOSE SUBD. RR 25,000.00 WEST SERVICE ROAD CUPANG RIVER-BULI RIVER RR 25,000.00 CR 50,000.00 I 45,000.00 X 35,000.00 ALL OTHER STREETS RR 10,000.00 CR 45,000.00 I 40,000.00 X 35,000.00 ASIA ENCLAVES CONDO WEST SERVICE ROAD RC 80,000.00 CC * PS 56,000.00 AVIDA TOWERS ALABANG ALABANG-ZAPOTE RD. RC Located in Brgy. Alabang CC PS CAPRI CONDO CUPANG RIVER-BULI RIVER RC 50,000.00 PS 35,000.00 LA RESIDENCIA ALABANG HILLS, RC Located in Brgy. Alabang CC TITO JOVER TOWER (TITO JOVY TOWER) BUENCAMINO, ALABANG RC ** CC 60,000.00 PS 35,000.00 NOTES : - X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc. - Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation. - Newly Identified Specific Area, Building, Location, Street or Vicinity per City Assessor's Recommendation - Per recommendation from the Office of the City Assessor and validated through ocular inspection there are commercial properties within the area. - Per recommendation from the Office of the City Assessor and validated through ocular inspection the area also comprises an industrial estate. - Low lying or flood prone area - Located within or near the faultline area - Per recommendation from the Office of City Assessor and validated through ocular inspection this should be appropriately located in Brgy. Ayala Alabang. - Property is located in a narrow road - Per ocular inspection and concurred by the representatives from the City Assessor's Office the building is used exclusively for Dwelling, Habitation and Residential Purpose. Any unit in a purely Residential Condominium (RC) Project Found to be used in business shall be classified as Commercial Condominium and Twenty Percent (20%) of the established value shall be added thereto. - Per ocular inspection and concurred by the representatives from the City Assessor's Office the building is used exclusively for Business, Trade including Practice of Profession and Commercial Purpose. - Per recommendation from the City Assessor's Office and validated through ocular inspection this should be properly classified as Townhouse and appropriately located in Alabang and not in Brgy. Cupang - Per recommendation from the City Assessor's Office and validated through ocular inspection this should be properly classified as Condo and not a Townhouse * As per ocular inspection and conformed by the assessor's Office, building is exclusively residential * As per ocular inspection and conformed by the assessor's Office, building is exclusively commercial Barangay: POBLACION STREETS/SUBDIVISIONS/ CONDOMINIUMS/TOWNHOUSES VICINITY CLASSIFICATION 8TH REV ZV.SQ.M ALONG PHILIPPINE NATIONAL RAILWAYS BARRIO PROPER RR 10,000.00 CAMELLA HOMES IV KATIHAN RR 12,000.00 COUNTRY HOMES 2 CAMELLA HOMES 4 RR 12,000.00 E. RODRIGUEZ SR. AVENUE SLEX-BILIBID ROAD (NBP) RR 15,000.00 SLEX-NATIONAL ROAD CR 28,000.00 I 25,000.00 X 22,000.00 KATARUNGAN VILLAGE I (PH I) NBP RESERVATION RR 22,000.00 KATARUNGAN VILLAGE I (PH II) NBP RESERVATION RR 25,000.00 KATARUNGAN VILLAGE II NBP RESERVATION RR 10,000.00 NATIONAL ROAD MAGDAONG RIV-BALIMBING RIVER CR 40,000.00 X 25,000.00 QUEZON ST. NATIONAL ROAD-PNR RR 20,000.00 CR 35,000.00 X 33,000.00 PNR-TM ROAD RR 10,000.00 CR 15,000.00 RIZAL ST. NBP-SLEX RR 15,000.00 CR 25,000.00 X 20,000.00 SLEX-NATIONAL ROAD (KATIHAN) RR 20,000.00 CR 25,000.00 X 22,000.00 NATIONAL ROAD-PNR RR 15,000.00 CR 25,000.00 X 22,000.00 PNR-TM ROAD RR 10,000.00 SAMAHANG MAGKAKAPITBAHAY MAGDAONG ST. RR 8,000.00 SOUTH LUZON EXPRESSWAY (SLEX) PUTATAN BOUNDARY-TUNASAN BOUNDARY CR 50,000.00 RR** 10,000.00 I 35,000.00 X 25,000.00 SOUTHVILLE I-III SAMPAGUITA ROAD-INSULAR PRISON ROAD (Low Cost/Socialized Housing Area) RR 8,000.00 T.M. ROAD LAKESIDE (Flood Prone Area) RR 5,000.00 T.M. ROAD (SAN GUILLERMO ST.) PNR SIDE (Flood Prone Area) RR 7,000.00 ALL OTHER STREETS RR 10,000.00 CR 25,000.00 I 22,000.00 X 20,000.00 NOTE: - X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc. - Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation. Barangay: PUTATAN STREETS/SUBDIVISIONS/ CONDOMINIUMS/TOWNHOUSES VICINITY CLASSIFICATION 8TH REV ZV.SQ.M A & A AGRO HOMES INT. NATIONAL ROAD RR 15,000.00 ALMAN VILLE SUBDIVISION SUMMIT VILLE (Low Lying Area) RR 10,000.00 ALONG PHILIPPINE NATIONAL RAILWAYS BARRIO PROPER (No Right of Way) RR 8,000.00 BAGONG SIBOL (Populated mostly by Informal Settler) PASONG MAKIPOT RR 8,000.00 BAYFAIR SUBDIVISION INT. BRUGER ROAD RR 12,000.00 BLOOMBLISS INT. NATIONAL ROAD RR 10,000.00 BRUGER SUBDIVISION NATIONAL ROAD TO PNR RR 20,000.00 BRUGER STREET RR 21,000.00 LARBAF STREET RR 22,000.00 NATIONAL RD. TO PNR X 25,000.00 CAMELLA HOMES 1 SOUTH SUPERVILLE SUBD RR 15,000.00 CAMELLA HOMES 2 SOLDIER'S HILLS RR 15,000.00 CAMELLA HOMES II-D SOLDIER'S HILLS RR 15,000.00 CAMELLA HOMES II-E SOLDIER'S HILLS RR 15,000.00 CAMELLA HOMES IV-B BALIMBING RIVER RR 15,000.00 CAMELLA TOWNHOMES 1 CAMELLA HOMES I RR 15,000.00 CAMELLA TOWNHOMES 2 SOUTH SUPERVILLE SUBD RR 15,000.00 COUNTRY HOMES/CERF TOWNHOMES SLEX RR 15,000.00 ESPORLAS CPD (Populated mostly by Informal Settler) F. DE MESA ELEM SCHOOL RR 10,000.00 X 20,000.00 EXPRESS VIEW VILLAS SLEX RR 15,000.00 FREEDOM HILLS SUBDIVISION INT. NATIONAL ROAD RR 15,000.00 FREEWILL SUBDIVISION INT. TM ROAD (Low Lying Area) RR 12,000.00 GRUENVILLE SUBDIVISION BRUGER ROAD (Located along Faultline) RR 12,000.00 GUNDRAN COMPOUND TREELANE RR 10,000.00 HILLS VIEW INT. NATIONAL ROAD (Low Lying Area) RR 12,000.00 JAYSONVILLE SUBDIVISION INT. NATIONAL ROAD (Low Lying Area) RR 12,000.00 X 15,000.00 JOAS MERRY SUBDIVISION BRUGER SUBD. (Low Lying Area) RR 12,000.00 X 20,000.00 JRS CMPD/SORIANO VILLE INT. TM ROAD (TAGUIG MUNT. ROAD/Low Lying Area) RR 12,000.00 LA CHARINA HEIGHTS SLEX RR 15,000.00 LAKEVIEW HOMES I SUBDIVISION INT. NATIONAL ROAD RR 12,000.00 X 15,000.00 LAKEVIEW HOMES II SUBDIVISION INT. TM ROAD (Low Lying Area) RR 10,000.00 LAS VEGAS ST. INT. NATIONAL ROAD (Low Lying Area) RR 12,000.00 LITE HOMES SUBD. BRUGER ROAD (Located along Faultline) RR 12,000.00 MIDLAND SUBDIVISION GRUENVILLE (Low Lying Area) RR 12,000.00 MULTILAND I & 2 SUBDIVISION GRUENVILLE (Low Lying Area) RR 12,000.00 MUNTING NAYON SUMMITVILLE (Low Cost/Socialized Housing Area) RR 12,000.00 MUTUAL HOMES I & II SOLDIERS HILLS RR 15,000.00 MUTUAL HOMES III SOLDIERS HILLS RR 15,000.00 NATIONAL ROAD BALIMBING-BAYANAN BOUNDARY RR 30,000.00 CR 40,000.00 X 35,000.00 NHA HOUSING COMPOUND SOLDIERS HILLS (Low Cost/Socialized Housing Area) RR 10,000.00 NUWHRAIN HOMES SUBDIVISION BRUGER ROAD RR 15,000.00 PASONG MAKIPOT (Populated mostly by Informal Settler) MUNTINLUPA-CAVITE BDRY. RR 8,000.00 PATDU COMPOUND (Populated mostly by Informal Settler) SOUTH GREENHEIGHTS RR 8,000.00 PRIMAVERA VILLAS SOUTH SUPERVILLE SUBD. RR 12,000.00 PRIMAVERA VILLAS II SOUTH SUPERVILLE SUBD. RR 12,000.00 PUPA COMPOUND (URBAN POOR) SUMMITVILLE (Low Cost/Socialized Housing Area) RR 10,000.00 RCE HOMES SOLDIERS HILLS RR 15,000.00 ROMAN CRUZ AVENUE SOLDIERS HILLS RR 15,000.00 CR 25,000.00 X 22,000.00 SAN FRANCISCO ST. INT. NATIONAL ROAD RR 12,000.00 SOLDIERS HILLS VILLAGES NATIONAL ROAD TO SLEX RR 20,000.00 CR 30,000.00 X 22,000.00 SOUTH GREENHEIGHTS SUBDIVISION CAMELLA HOMES I RR 12,000.00 SOUTH SUPERVILLE SUBDIVISION CAMELLA HOMES II RR 15,000.00 SUMMITVILLE SUBDIVISION INT. NATIONAL ROAD RR 12,000.00 X 15,000.00 TEPAUREL NATIONAL ROAD-RAILROAD I 30,000.00 T.J. DIAZ TOWNHOMES BACK OF BLISS RR 10,000.00 T.M. ROAD LAKESIDE RR* 5,000.00 T.M. ROAD (SAN GUILLERMO ST.) PNR SIDE RR* 7,000.00 TOP HILLS SUBDIVISION LAKEVIEW I RR 12,000.00 TREELANE PARK SUBD. INT. NATIONAL ROAD RR 12,000.00 VERONICA VILLAS SLEX RR 20,000.00 ALL OTHER STREETS RR 10,000.00 CR 25,000.00 X 15,000.00 TOWNHOUSES (CCT) DOA SEGUNDINA TOWNHOUSE INT. NATIONAL ROAD RC 40,000.00 VM TOWNHOMES SOLDIERS HILLS RC 40,000.00 ALMAN TOWNHOUSE SUMMITVILLE RC* 35,000.00 NOTE: - X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc. - Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation. * Low lying Barangay: SUCAT STREETS/SUBDIVISIONS/ CONDOMINIUMS/TOWNHOUSES VICINITY CLASSIFICATION 8TH REV ZV.SQ.M ALONG PHILIPPINE NATIONAL RAILWAYS SUCAT ROAD (Interior/No right of Way) RR 8,000.00 BRITTANY BAY/LA POSADA POSADAS VILLAGE RR 40,000.00 CORINTHIAN VILLAS POSADAS VILLAGE RR 40,000.00 DON JUAN BAYVIEW SUBD. TM ROAD RR 15,000.00 DOA ROSARIO BAYVIEW SUBD. DON JUAN BAYVIEW RR 20,000.00 DOA ROSARIO HEIGHTS SUBD. POSADAS VILLAGE RR 40,000.00 X 45,000.00 EAST SERVICE ROAD BULI RIVER-MUNTI-P'QUE BDRY. RR 25,000.00 CR 50,000.00 I 45,000.00 X 35,000.00 LA POSADA SUBDIVISION SLEX TO MAYOR J. POSADAS RR 35,000.00 MARINA HEIGHTS BRITTANY RR 40,000.00 NEW VICTORIANNE ROW LA POSADA RR 40,000.00 PATIO HOMES POSADAS VILLAGE RR 40,000.00 POSADAS VILLAGE SLEX RR 25,000.00 SAMAHANG PAGKAKAISA (Informal Settler Area) MERALCO STATION RR 8,000.00 SAMSON ROAD WEST SERVICE ROAD RR 25,000.00 CR 50,000.00 I 45,000.00 X 35,000.00 SUCAT ROAD SUCAT INTERCHANGE-MRR RD. RR 25,000.00 CR 40,000.00 I 38,000.00 X 35,000.00 T.M. ROAD LAKESIDE (Low Lying Area) RR 5,000.00 T.M. ROAD (PRES. MANUEL L. QUEZON) PNR SIDE (Low Lying Area) RR 7,000.00 VICTORIANNE ROW 2 LA POSA RR 25,000.00 VILLONCO ST. WEST SERVICE RD. RR 25,000.00 CR 50,000.00 I 45,000.00 WEST SERVICE ROAD BULI RIVER-MUNTI-P'QUE BDRY RR 25,000.00 CR 50,000.00 I 45,000.00 X 36,000.00 ALL OTHER STREETS RR 10,000.00 CR 50,000.00 I 45,000.00 X 35,000.00 CONDOMINIUMS/TOWNHOUSES (CCT) BELLINI CONDO PRESIDIO BRITTANY BAY RC 70,000.00 CC * PS 49,000.00 BLOSSOM ESTATE, INC. WEST SERVICE ROAD RC ** CC ** PS ** CENTROPOLIS COMMUNITIES VILLONCO RC 70,000.00 CC 85,000.00 PS 49,000.00 DA VINCI TOWER CONDO PRESIDIO BRITTANY BAY RC 70,000.00 CC * PS 49,000.00 EAST BAY RESIDENCES EAST SERVICE ROAD RC 100,000.00 CC 120,000.00 PS 70,000.00 ESCALADES SOUTH CONDO POWERCITY, SUCAT, MUNTINLUPA RC 70,000.00 CC * PS 49,000.00 MARFORI TOWER LAKEFRONT SUCAT RC 70,000.00 CC * PS 49,000.00 MICHAELANGELO TOWER PRESIDIO BRITTANY BAY RC 70,000.00 CC * PS 49,000.00 MONET TOWER CONDO PRESIDIO BRITTANY BAY RC 70,000.00 CC * PS 49,000.00 PRESIDIO CONDO PRESIDIO BRITTANY BAY RC 70,000.00 CC *** PS 49,000.00 RENOIR TOWER CONDO PRESIDIO BRITTANY BAY RC 70,000.00 CC * PS 49,000.00 SOLANO HILLS 1-6 VILLONCO ROAD RC 90,000.00 CC * PS 63,000.00 TRIBECA 1 INT EAST SERVICE ROAD RC 75,000.00 CC * PS 53,000.00 TRIBECA 2 INT EAST SERVICE ROAD RC 75,000.00 CC * PS 53,000.00 TRIBECA 3 INT EAST SERVICE ROAD RC 75,000.00 CC * PS 53,000.00 TRIBECA BRYANT PLACE 3 INT EAST SERVICE ROAD RC 75,000.00 CC * PS 53,000.00 WATERFUN CONDO SUCAT WEST SERVICE ROAD RC 50,000.00 CC * PS 35,000.00 NOTE: - X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc. - Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation. * Building is exclusively Residential ** Property is a warehouse and not a condominium classified as Industrial (All Other Street) *** Per ocular inspection and concurred by the representatives from the City Assessor's Office the building is used exclusively for dwelling, habitation and residential purpose. Any unit in a purely Residential Condominium (RC) Project found to be used in business shall be classified as Commercial Condominium and twenty percent (20%) of the established value shall be added thereto. Barangay: TUNASAN STREETS/SUBDIVISIONS/ CONDOMINIUMS/TOWNHOUSES VICINITY CLASSIFICATION 8TH REV ZV.SQ.M ABBY'S PLACE SUSANA HEIGHTS (Located along Faultline) RR 10,000.00 AGUILA VILLAGE SUSANA HEIGHTS RR 15,000.00 ALONG PHILIPPINE NATIONAL RAILWAYS BARRIO PROPER RR 8,000.00 ARANDIA ST. BARRIO PROPER (Flood Prone/Low Lying Area) RR 8,000.00 BISMAC HOMES ARANDIA ST. RR 9,000.00 BLOOMDALES HOMES VICTORIA HOMES RR * BRAZILIA HEIGHTS SUSANA HEIGHTS (Flood Prone/Low Lying Area) RR 25,000.00 BUENDIA ST. LAKESIDE (Flood Prone/Low Lying Area) RR 5,000.00 BUENDIA ST. PNR SIDE (Flood Prone/Low Lying Area) RR 7,000.00 X 14,000.00 CAMELLA HOMES ALABANG III NATIONAL ROAD (Flood Prone/Low Lying Area) RR 12,000.00 CAMELLA RIDGEVIEW 1 & 2 VICTORIA HOMES (Under-developed) RR 12,000.00 CITY ESTATE NATIONAL ROAD RR * X * RR * CR * I * X * J.P.A. SUBD. INT. NATIONAL ROAD (Flood Prone/Low Lying Area) RR 14,000.00 X 18,000.00 LA GUERTA COMPOUND ADJACENT TO STO. NIO VILLAGE (Squatter's area/Informal Settlers) RR 10,000.00 LAKE SHORE SUBDIVISION LAGUNA LAKESIDE (Flood Prone/Low Lying Area) RR 12,000.00 LINDENWOOD RESIDENCES SUBD. SUSANA HEIGHTS SUBD. RR 25,000.00 LINDENWOOD RESIDENCES SUBD. (PH 2) SUSANA HEIGHTS SUBD. RR 25,000.00 LODORA VILLAGE INT. NATIONAL ROAD (Flood Prone/Low Lying Area) RR 16,000.00 NATIONAL ROAD MAGDAONG RIVER-SAN PEDRO RIVER RR 20,000.00 CR 35,000.00 I 33,000.00 X 25,000.00 MIDLAND II SUBDIVISION INT. BUENDIA ST. (Flood Prone/Low Lying Area) RR 10,000.00 PARCO BELLO SUBDIVISION VICTORIA HOMES RR 20,000.00 PARCO BELLO II VICTORIA HOMES RR 20,000.00 PARKHOMES SUBDIVISION INT. NATIONAL ROAD RR 14,000.00 PLANAS VILLA (SQUATTER'S AREA) INT. NATIONAL ROAD (Squatter's Area/Informal Settlers) RR 10,000.00 R.M. TIOSEJO IND'L COMPLEX INT. NATIONAL ROAD I 33,000.00 R.M. TIOSEJO RESIDENTIAL SUBD. INT. NATIONAL ROAD RR 15,000.00 SANTO NIO VILLAGE 1-3 ALONG PNR RR 10,000.00 SANTO NIO VILLAGE 4 INT. NATIONAL ROAD RR 10,000.00 SOUTH LUZON EXPRESSWAY (SLEX) POBLACION-SAN PEDRO BDRY. (Properties classified as Residential has no Right of Way) RR 15,000.00 CR 50,000.00 I 35,000.00 X 25,000.00 SUSANA HEIGHTS SUBDIVISION S EXPRESSWAY RR 15,000.00 X 25,000.00 TIOSEJO SUBD. (RODRIGUEZ ST.) TIOSEJO SUBDIVISION RR 15,000.00 CR 35,000.00 I 33,000.00 VICTORIA HOMES SUBDIVISION SUSANA HEIGHTS RR 10,000.00 X 12,000.00 VILLA CAROLINA 1 INT. NATIONAL ROAD RR 14,000.00 VILLA CAROLINA 2 INT. RODRIGUEZ ST. RR 10,000.00 ALL OTHER STREETS RR 8,000.00 CR 35,000.00 I 28,000.00 X 10,000.00 CONDOMINIUMS LEAF RESIDENCES TUNASAN RC 125,000.00 PS 87,500.00 NOTE: - X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc. - Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation. * No such particular property dropped as per City Assessor CERTAIN GUIDELINES IN THE IMPLEMENTATION OF ZONAL VALUE OF REAL PROPERTIES FOR RDO NO. 53B-MUNTINLUPA 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 IN A PARTICULAR STREET/SUBDIVISION IN A BARANGAY. THE ZONAL VALUE PRESCRIBED FOR THE SAME CLASSIFICATION OF PROPERTY LOCATED IN THE OTHER STREETS/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 PREDOMINANTLY 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 IS: 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; 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 ALSO 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 SOCIALIZED HOUSING, IT SHALL BE CERTIFIED TO AS SUCH BY THE PROPER GOVERNMENT AGENCY AS SUCH, 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 TREATED AS AN ORDINARY 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 EXCHANGES, OR OTHER DISPOSITIONS OR 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 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.