Department Order:DO 38-2021
Status:Current / Active
Classifications:5
BIR Official
Forbes Park South Zonal Value
BANGKAL, Makati City
Current Zonal Value
₱188,000/sqm
Residential Condo Classification (RC)
All Classifications (Current)
Data Source: Bureau of Internal Revenue (BIR) Philippines
View Detailed DataFor Sale in Forbes Park South1
For Sale
₱2,300,000,000
Forbes Park South | 4BR 1000sqm House & Lot for Sale in Makati City
City of Makati
Bedrooms
4 BR
Bathrooms
5
Floor Area
1000.00 sqm
Lot Area
2100.00 sqm
Parking
10
Zonal Value Breakdown — Forbes Park South
Official BIR assessment per square meter. Matched via: token_match (FORBES TOWER (FRASER PLACE), FORBESWOOD HEIGHTS, FORBESWOOD PARKLANE +2 more)
RC
Residential Condo
DO 38-2021
₱188,000/sqm
CC
Commercial Condo
DO 38-2021
₱225,000/sqm
RR
Residential Regular
DO 38-2021
₱350,000/sqm
CR
Commercial Regular
DO 38-2021
₱550,000/sqm
PS
Parking Slot
DO 38-2021
₱157,000/sqm
What This Zonal Value Covers
RC — Residential Condo
CC — Commercial Condo
RR — Residential Regular
CR — Commercial Regular
PS — Parking Slot
Each classification has a separate BIR-assessed value per square meter applicable to Forbes Park South.
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
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