Cordova, Cebu · RDO 080 (Mandaue City, Cebu)
Effective: 2020-02-04
Ibabao is a barangay in Cordova, Cebu with 14 street-level zonal value classifications published by the Bureau of Internal Revenue (BIR). The barangay-level residential zonal value is ₱3,750 per square meter. Street-level residential values range from ₱2,000 to ₱7,000 per square meter, with a median of ₱3,000/sqm. The highest-valued residential street is MARIE VILLE at ₱7,000/sqm. Commercial zonal values reach up to ₱6,250/sqm. The majority of classified streets (85.7%) 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 Ibabao.
Calculate capital gains tax (CGT) and documentary stamp tax (DST) based on BIR zonal values.
Based on Ibabao barangay-level residential value of ₱3,750/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 |
|---|---|---|---|
| Ibabao | - | - | - |
↳ Kapitan Benedicto Wahing St.(Bangkal Road) | ₱2,750 | - | ₱3,250 |
↳ Kapitan Benedicto Wahing St.(corner Ilaya Road to) | - | ₱4,250 | - |
↳ Kapitan Benedicto Wahing St.(INTERIOR) | ₱2,000 | - | - |
↳ Judge Juan Wahing St.(Ibabao Tumoy) | ₱3,250 | - | ₱4,000 |
↳ Judge Juan Wahing St.(National Highway to) | - | ₱5,000 | - |
↳ Judge Juan Wahing St.(INTERIOR) | ₱2,000 | - | - |
↳ Kapitan Carlos Sumalinog St.(corner Bangkal road to Bliss) | ₱2,750 | ₱3,750 | ₱3,250 |
↳ Kapitan Carlos Sumalinog St.(INTERIOR) | ₱2,000 | - | - |
↳ EXPRESSWAY ACCESS ROAD(INTERIOR) | ₱4,000 | ₱6,250 | ₱5,000 |
↳ ALL OTHER STREETS(INTERIOR) | ₱2,250 | ₱3,250 | ₱2,750 |
↳ ANGELICA HOMES(INTERIOR) | ₱6,000 | - | - |
↳ MARIE VILLE(INTERIOR) | ₱7,000 | - | - |
↳ SUMMERVILLE(INTERIOR) | ₱6,000 | - | - |
↳ ALL OTHER SUBDIVISIONS(INTERIOR) | ₱5,000 | - | - |
These zonal values are published by BIR RDO 080 (Mandaue City, Cebu) and represent the minimum taxable value per square meter for properties in Ibabao, Cordova.
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.