BIR Official
2026
Active

Greenbelt Madison Latest Zonal Value

SAN LORENZO, MakatiMegaworld Corporation
Department Order:DO 37-2021
Effective:Dec 21, 2021
Status:Current / Active
Classifications:3
BIR Official

Greenbelt Madison Zonal Value

SAN LORENZO, Makati

Current Zonal Value
₱175,000/sqm

Residential Condo Classification (RC)

All Classifications (Current)

Residential Condo
₱175,000
/sqm
DO 37-2021
Commercial Condo
₱205,000
/sqm
DO 37-2021
Parking Slot
₱145,000
/sqm
DO 37-2021
Data Source: Bureau of Internal Revenue (BIR) Philippines
View Detailed Data

Zonal Value Breakdown — Greenbelt Madison

Official BIR assessment per square meter. Matched via: Building Name (GREENBELT MADISON (FERROS))

RC

Residential Condo

DO 37-2021

₱175,000/sqm
CC

Commercial Condo

DO 37-2021

₱205,000/sqm
PS

Parking Slot

DO 37-2021

₱145,000/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 Greenbelt Madison.

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