BIR Official
2026
Active

Shell Residences Latest Zonal Value

PasaySMDC
Department Order:DO 43-2023
Effective:Sep 1, 2023
Status:Current / Active
Classifications:3
BIR Official

Shell Residences Zonal Value

Pasay

Current Zonal Value
₱150,000/sqm

Residential Condo Classification (RC)

All Classifications (Current)

Residential Condo
₱150,000
/sqm
DO 43-2023
Commercial Condo
₱180,000
/sqm
DO 43-2023
Parking Slot
₱126,000
/sqm
DO 43-2023
Data Source: Bureau of Internal Revenue (BIR) Philippines
View Detailed Data

For Sale in Shell Residences
2

Shell Residences | 1BR 40sqm Condo for Sale in Pasay City
For Sale

₱8,000,000

Shell Residences | 1BR 40sqm Condo for Sale in Pasay City

Pasay City

Bedrooms

1 BR

Bathrooms

1

Floor Area

39.80 sqm

Parking

1

Shell Residences | 1BR 26sqm Condo for Sale in Pasay City
For Sale

₱4,500,000

Shell Residences | 1BR 26sqm Condo for Sale in Pasay City

Pasay City

Bedrooms

1 BR

Bathrooms

1

Floor Area

26.00 sqm

Zonal Value Breakdown — Shell Residences

Official BIR assessment per square meter. Matched via: Building Name (SHELL RESIDENCES (SMDC))

RC

Residential Condo

DO 43-2023

₱150,000/sqm
CC

Commercial Condo

DO 43-2023

₱180,000/sqm
PS

Parking Slot

DO 43-2023

₱126,000/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 Shell Residences.

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