BIR Official
2026
Active

Elizabeth Place Latest Zonal Value

BEL-AIR (SALCEDO VILLAGE), MakatiRay Burton Development Corporation
Department Order:DO 38-2021
Status:Current / Active
Classifications:3
BIR Official

Elizabeth Place Zonal Value

BEL-AIR (SALCEDO VILLAGE), Makati

Current Zonal Value
₱159,000/sqm

Residential Condo Classification (RC)

All Classifications (Current)

Residential Condo
₱159,000
/sqm
DO 38-2021
Commercial Condo
₱197,000
/sqm
DO 38-2021
Parking Slot
₱138,000
/sqm
DO 38-2021
Data Source: Bureau of Internal Revenue (BIR) Philippines
View Detailed Data

For Sale in Elizabeth Place
1

Elizabeth Place Condominium | 2BR 139sqm Condo for Sale in Makati City - Salcedo Village
For Sale

₱21,800,000

Elizabeth Place Condominium | 2BR 139sqm Condo for Sale in Makati City - Salcedo Village

City of Makati

Bedrooms

2 BR

Bathrooms

2

Floor Area

139.22 sqm

Parking

1

Zonal Value Breakdown — Elizabeth Place

Official BIR assessment per square meter. Matched via: Building Name (ELIZABETH PLACE)

RC

Residential Condo

DO 38-2021

₱159,000/sqm
CC

Commercial Condo

DO 38-2021

₱197,000/sqm
PS

Parking Slot

DO 38-2021

₱138,000/sqm

What This Zonal Value Covers

RCResidential Condo
CCCommercial Condo
PSParking Slot

Each classification has a separate BIR-assessed value per square meter applicable to Elizabeth Place.

How BIR Zonal Value Is Used

  • Basis for Capital Gains Tax (CGT) — BIR compares zonal value vs. selling price, whichever is higher
  • Basis for Documentary Stamp Tax (DST) — computed on the higher of zonal value or selling price
  • Used in transfer valuation for donations, estate settlements, and property swaps
  • Zonal value is not the market price — it is the BIR minimum assessment per sqm for tax purposes