BIR Official
2026
Active

Somerset Place Latest Zonal Value

Department Order:DO 24-2023
Effective:Jun 5, 2023
Status:Current / Active
Classifications:4
BIR Official

Somerset Place Zonal Value

Pasig

Current Zonal Value
₱135,000/sqm

Residential Condo Classification (RC)

All Classifications (Current)

Residential Condo
₱135,000
/sqm
DO 24-2023
Commercial Condo
₱162,000
/sqm
DO 24-2023
Residential Regular
₱60,000
/sqm
DO 24-2023
Parking Slot
₱113,400
/sqm
DO 24-2023
Data Source: Bureau of Internal Revenue (BIR) Philippines
View Detailed Data

No Active Listings

No properties currently listed in Somerset Place.

Zonal Value Breakdown — Somerset Place

Official BIR assessment per square meter. Matched via: token_match (MILLENIUM PLACE, PACIFIC PLACE CONDO, PEARL CONDO/ THE PEARL PLACE +19 more)

RC

Residential Condo

DO 24-2023

₱135,000/sqm
CC

Commercial Condo

DO 24-2023

₱162,000/sqm
RR

Residential Regular

DO 24-2023

₱60,000/sqm
PS

Parking Slot

DO 24-2023

₱113,400/sqm

What This Zonal Value Covers

RCResidential Condo
CCCommercial Condo
RRResidential Regular
PSParking Slot

Each classification has a separate BIR-assessed value per square meter applicable to Somerset Place.

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