Iligan City, Lanao del Norte · RDO ()
Effective: 2020
Suarez is a barangay in Iligan City, Lanao del Norte with 11 street-level zonal value classifications published by the Bureau of Internal Revenue (BIR). Street-level residential values range from ₱3,000 to ₱4,800 per square meter, with a median of ₱4,800/sqm. The highest-valued residential street is ISSHAI at ₱4,800/sqm. The majority of classified streets (63.6%) 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 Suarez.
Calculate capital gains tax (CGT) and documentary stamp tax (DST) based on BIR zonal values.
No zonal value available for residential properties in Suarez.
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 |
|---|---|---|---|
| Suarez | - | - | - |
↳ BARANGAY ROAD(ALONG THE ROAD) | ₱4,000 | - | - |
↳ BARANGAY ROAD(ALONG BARANGAY ROAD) | ₱3,500 | - | - |
↳ BARANGAY ROAD(INTERIOR) | ₱3,000 | - | - |
↳ ISSHAI(INTERIOR) | ₱4,800 | - | - |
↳ NSC | - | - | ₱5,000 |
↳ SUAREZ(BARANGAY PR0PER) | ₱4,800 | - | - |
↳ SUAREZ ROAD(NATIONAL HIGHWAY - TOWNSITE) | ₱4,800 | - | - |
↳ TOWNSITE(WITH IN 1 KM FROM BARANGAY HALL) | ₱4,800 | - | - |
↳ NATIONAL HIGHWAY(NATIONAL HIGHWAY - TOWNSITE) | - | - | - |
↳ NATIONAL HIGHWAY(INTERIOR) | - | - | - |
↳ SOCIALIZED HOUSING(INTERIOR) | - | - | - |
These zonal values are published by BIR RDO () and represent the minimum taxable value per square meter for properties in Suarez, Iligan 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.