BIR Zonal Value Revised As Of May 7, 2024: The Difference Over the Years

Zonal values set by the BIR are vital for determining real estate market values, calculating taxes, and aiding buyers and sellers in property transactions. Understanding these values helps set prices, negotiate purchases, and optimize investment strategies.

Regular updates to zonal values are crucial for property owners and real estate, finance, and law professionals, as they impact tax computations and decision-making in property transactions. Underestimating zonal values can lead to tax discrepancies and legal issues, emphasizing the importance of staying updated with these changes. 

Below are the different Zonal Value updates we collected from May 2024 onwards, so you may compare each.