Housal tracks 7 BIR zonal value entries in Shell Residences (Pasay). Zonal values range from ₱90,000/sqm to ₱180,000/sqm (average ₱124,429/sqm). Top classifications: PS (3), CC (2), RC (2). Source: Bureau of Internal Revenue (BIR). Last checked July 12, 2026.
Shell Residences Zonal Value
Pasay
Residential Condo Classification (RC)
All Classifications (Current)
For Sale in Shell Residences2

₱8,000,000
Shell Residences | 1BR 40sqm Condo for Sale in Pasay City
Bedrooms
1 BR
Bathrooms
1
Floor Area
39.80 sqm
Parking
1

₱4,500,000
Shell Residences | 1BR 26sqm Condo for Sale in 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))
Residential Condo
DO 43-2023
Commercial Condo
DO 43-2023
Parking Slot
DO 43-2023
What This Zonal Value Covers
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
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