Iloilo City, Iloilo · RDO ()
Effective: 2021
East Timawa (Formerly North Timawa) is a barangay in Iloilo City, Iloilo with 2 street-level zonal value classifications published by the Bureau of Internal Revenue (BIR). The barangay-level residential zonal value is ₱8,000 per square meter. Street-level residential values range from ₱10,000 to ₱12,000 per square meter, with a median of ₱11,000/sqm. The highest-valued residential street is INFANTE AVENUE at ₱12,000/sqm. Commercial zonal values reach up to ₱20,000/sqm. The majority of classified streets (100%) carry residential zoning. These values are used by the BIR as the minimum basis for computing capital gains tax and documentary stamp tax on property transactions in East Timawa (Formerly North Timawa).
Calculate capital gains tax (CGT) and documentary stamp tax (DST) based on BIR zonal values.
Based on East Timawa (Formerly North Timawa) barangay-level residential value of ₱8,000/sqm
This is an estimate based on the BIR zonal value only. Actual taxes are computed on the selling price, fair market value, or zonal value, whichever is highest. Transfer tax (varies by LGU) and other fees are not included. Consult a licensed tax professional for exact computations.
| Location | Residential | Commercial | Industrial |
|---|---|---|---|
| East Timawa (Formerly North Timawa) | ₱8,000 | ₱17,500 | - |
↳ INFANTE AVENUE(TIMAWA AVE-BRGY TAAL BDRY (Fr. Timawa Ave./Delgado St. to Iloilo Bridge)) | ₱12,000 | ₱20,000 | - |
↳ TIMAWA AVENUE(MOLO CEMETERY JUNCTION-INFANTE AVE (Fr. ICAG Rd. to Infante Ave.)) | ₱10,000 | - | - |
These zonal values are published by BIR RDO () and represent the minimum taxable value per square meter for properties in East Timawa (Formerly North Timawa), Iloilo City.
When computing taxes, the BIR uses whichever is higher: the selling price/fair market value or the zonal value. These values are used for:
Data Source: Bureau of Internal Revenue (BIR), Philippines
Legal Basis: Section 6(E) of NIRC of 1997, as amended by RA 10963 (TRAIN Law)
Data extracted from official BIR zonal value schedules. For official purposes, verify with BIR directly.