Camarines Sur, Bicol Region · RDO 066 (Iriga City, Camarines Sur)
DO 009-2024 · Effective: 2024-02-17
PSGC 0501716000
Iriga is a city in Camarines Sur with 36 barangays and 778 streets indexed in the BIR zonal value schedule. Citywide residential values range from ₱590 to ₱13,600/sqm, with a median of ₱3,200/sqm. Commercial values range from ₱1,920 to ₱22,675/sqm. The single highest-valued residential street is Z. Guevara St. in Santo Domingo at ₱13,600/sqm. Iriga falls under BIR RDO 066, latest schedule effective 2024-02-17. PSGC code 0501716000.
At the median residential zonal value of ₱3,200/sqm:
Actual taxes are computed on the selling price, fair market value, or zonal value, whichever is highest. Capital Gains Tax is 6% and Documentary Stamp Tax is 1.5%; transfer tax varies by LGU. Consult a licensed tax professional.
36 barangays
These zonal values are published by BIR RDO 066 (Iriga City, Camarines Sur) and represent the minimum taxable value per square meter for properties in City of Iriga.
When computing taxes, the BIR uses whichever is higher: the selling price/fair market value or the zonal value. These values are used for:
Market value is not a simple multiplier of the BIR zonal value. It varies by submarket, road access, frontage, lot shape, development, and recent comparable sales. For accurate market valuation, consult a PRC-licensed real estate appraiser or broker.
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.
Last BIR schedule update for City of Iriga: 2024-02-17. Under RA 12001 (RPVARA), BIR zonal values remain valid until July 5, 2026, after which they are progressively replaced with LGU-managed Schedules of Market Values.