BIR Official
2026
Active

Time Square West Latest Zonal Value

FORT BONIFACIO, TaguigFederal Land, Inc.
Department Order:DO 005-24
Status:Current / Active
Classifications:3
BIR Official

Time Square West Zonal Value

FORT BONIFACIO, Taguig

Current Zonal Value
₱295,000/sqm

Residential Condo Classification (RC)

All Classifications (Current)

Residential Condo
₱295,000
/sqm
DO 005-24
Commercial Condo
₱340,000
/sqm
DO 005-24
Parking Slot
₱238,000
/sqm
DO 005-24
Data Source: Bureau of Internal Revenue (BIR) Philippines
View Detailed Data

For Sale in Time Square West
2

Time Square West | 1BR 41sqm Condo for Sale in Taguig City - Bgc
For Sale

₱10,500,000

Time Square West | 1BR 41sqm Condo for Sale in Taguig City - Bgc

City of Taguig

Bedrooms

1 BR

Bathrooms

1

Floor Area

41.00 sqm

For Rent in Time Square West
1

Zonal Value Breakdown — Time Square West

Official BIR assessment per square meter. Matched via: Building Name (TIME SQUARE WEST)

RC

Residential Condo

DO 005-24

₱295,000/sqm
CC

Commercial Condo

DO 005-24

₱340,000/sqm
PS

Parking Slot

DO 005-24

₱238,000/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 Time Square West.

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