BIR Zonal Values in New Ilalim

City of Olongapo, Zambales

10 records
BIR Zonal Values in New Ilalim, City of Olongapo(10 of 10 shown)

*ESTEBAN ST.

New Ilalim

₱7,000
Residential Regular
/sqm

*W-13TH ST.

New Ilalim

₱7,000
Residential Regular
/sqm

*W-14TH ST.

New Ilalim

₱7,000
Residential Regular
/sqm

*W-15TH ST.

New Ilalim

₱7,000
Residential Regular
/sqm

ALL STREETS

New Ilalim

₱7,000
Residential Regular
/sqm

*W-12TH ST.

New Ilalim

₱7,000
Residential Regular
/sqm

*W-12TH ST.

New Ilalim

₱14,000
Commercial Regular
/sqm

*W-14TH ST.

New Ilalim

₱14,000
Commercial Regular
/sqm

*W-13TH ST.

New Ilalim

₱14,000
Commercial Regular
/sqm

*W-15TH ST.

New Ilalim

₱14,000
Commercial Regular
/sqm

About BIR Zonal Values

The Bureau of Internal Revenue (BIR) publishes per-square-meter zonal value rates for barangays across the Philippines. These values are used to compute Capital Gains Tax (CGT) at 6% and Documentary Stamp Tax (DST) at 1.5% on real property transactions, whichever is higher between the gross selling price and the BIR zonal value.

Zonal classifications include Residential (R1, R2, R3), Commercial (C1-C5), Industrial (I), and Agricultural codes. Each classification corresponds to a different per-square-meter floor rate set by the local Revenue District Office (RDO).

Frequently Asked Questions

What are BIR zonal values in New Ilalim, City of Olongapo?

BIR zonal values in New Ilalim, City of Olongapo are per-square-meter rates published by the Bureau of Internal Revenue's Revenue District Office. They are the floor used to compute Capital Gains Tax (CGT) at 6% and Documentary Stamp Tax (DST) at 1.5% on real property transactions in this area.

Are zonal values in New Ilalim, City of Olongapo the same as market value?

No. Zonal values reflect the BIR's tax-purpose valuation, which typically lags market price. Actual market values in New Ilalim, City of Olongapo can be 30-100% higher depending on classification (residential vs commercial vs industrial) and street-level positioning.