BIR Official
2026
Active

First Homes Latest Zonal Value

Department Order:DO 009-2023
Effective:Mar 24, 2023
Status:Current / Active
Classifications:2
BIR Official

First Homes Zonal Value

Iloilo City

Current Zonal Value
₱3,398/sqm

Residential Condo Classification (RC)

All Classifications (Current)

Residential Regular
₱3,398
/sqm
DO 009-2023
Commercial Regular
₱12,532
/sqm
DO 009-2023
Data Source: Bureau of Internal Revenue (BIR) Philippines
View Detailed Data

No Active Listings

No properties currently listed in First Homes.

Zonal Value Breakdown — First Homes

Official BIR assessment per square meter. Matched via: Building Name (FIRST HOMESTEAD RD (AT THE BACK OF WATER DISTRICT), FROM FIRST HOMESTEAD RD TO BOUNDARY KATIPUNAN, FROM FIRST HOMESTEAD RD TO BOUNDARY SIKITAN +2 more)

RR

Residential Regular

DO 009-2023

₱3,398/sqm
CR

Commercial Regular

DO 009-2023

₱12,532/sqm

What This Zonal Value Covers

RRResidential Regular
CRCommercial Regular

Each classification has a separate BIR-assessed value per square meter applicable to First Homes.

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