VML SUBD VII Latest Zonal Value
Housal tracks 4 BIR zonal value entries in VML SUBD VII (City of Iloilo). Zonal values range from ₱1,555/sqm to ₱4,000/sqm (average ₱2,778/sqm). Top classifications: RR (4). Source: Bureau of Internal Revenue (BIR). Last checked June 19, 2026.
VML SUBD VII Zonal Value
Balabago, City of Iloilo
Residential Condo Classification (RC)
All Classifications (Current)
Zonal Value Breakdown — VML SUBD VII
Official BIR assessment per square meter. Matched via: Building Name (VML SUBD VII, VML SUBD VIII)
Residential Regular
DO 17-2021
What This Zonal Value Covers
Each classification has a separate BIR-assessed value per square meter applicable to VML SUBD VII.
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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