RDO 050 · South Makati33 streets87.9% residential

BIR Zonal Values in Brgy. Forbes Park, City of Makati

Forbes Park is a barangay in Makati, Metro Manila with 33 street-level zonal value classifications published by the Bureau of Internal Revenue (BIR). These zonal values are published by BIR RDO 050 (South Makati), based on the BIR Department Order covering Forbes Park. The average residential zonal value across classified streets is ₱333,931/sqm (median ₱338,000/sqm). Street-level residential values range from ₱220,000 to ₱338,000 per square meter. The highest-valued residential street is Jacaranda at ₱338,000/sqm. Commercial zonal values reach up to ₱414,000/sqm. The majority of classified streets (87.9%) 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 Forbes Park.

City of Makati, Metro Manila · RDO 050 (South Makati)

Data last verified 2026-10-14 · see recent updates

DO 38-2021 · BIR schedule effectivity: Dec. 22, 2021

PSGC 1380300008

Forbes Park Zonal Value Summary (2026)

Avg. Residential
₱333,931
/sqm
Avg. Commercial
₱402,800
/sqm
Industrial
-
none classified

Tiles marked “Avg.” are the mean across classified streets, not an official BIR barangay-wide figure. BIR publishes zonal values per street.

29 streets, residential ₱/sqm
Each dot is one street

Half the streets are valued at ₱338,000.

Streets
33
Median Residential
₱338,000
Residential Range
₱220,000-₱338,000
Avg Commercial
₱402,800

CGT + DST

Estimate Your Property Tax in Forbes Park

Calculate capital gains tax (CGT) and documentary stamp tax (DST) based on BIR zonal values.

Property Type

sqm

Based on Forbes Park barangay-level residential value of ₱333,931/sqm

Zonal Basis

100 sqm x ₱333,931

₱33,393,100

Capital Gains Tax (6%)
₱2,003,586
Documentary Stamp Tax (1.5%)
₱500,897

Estimated Total (CGT + DST)

₱2,504,483

Planning to sell this property? We'll handle everything: pricing, buyers, taxes.

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.

What brings you to Brgy. Forbes Park?

Rankings

Street Rankings

Top 5 Highest Residential

  1. 1Jacaranda(Cor. Mckinley Road)₱338,000/sqm
  2. 2Kawayan(Cor. Mckinley Road)₱338,000/sqm
  3. 3Mahogany(Cor. Mckinley Road)₱338,000/sqm
  4. 4Molave(Cor. Mckinley Road)₱338,000/sqm
  5. 5Mc Kinley(Cor. Mckinley Road)₱338,000/sqm

Top 5 Most Affordable

  1. 1Kasiyahan Condominium(Along Mckinley Road)₱220,000/sqm
  2. 2Jacaranda(Cor. Mckinley Road)₱338,000/sqm
  3. 3Kawayan(Cor. Mckinley Road)₱338,000/sqm
  4. 4Mahogany(Cor. Mckinley Road)₱338,000/sqm
  5. 5Molave(Cor. Mckinley Road)₱338,000/sqm

Top 3 Commercial Streets

  1. 1EDSA(Cor. Mckinley Road)₱414,000/sqm
  2. 2Manila Polo Club(Cor. Mckinley Road)₱400,000/sqm
  3. 3Manila Golf Club(Cor. Mckinley Road)₱400,000/sqm

Zone Type Distribution

  • Residential29 of 33 streets (87.9%)
  • Commercial5 of 33 streets (15.2%)

By area

Streets by Vicinity

Cor. Mckinley Road

15 streets | Avg ₱338,000/sqm

  • Jacaranda₱338,000
  • Kawayan₱338,000
  • Mahogany₱338,000
  • Manila Polo Clubno residential value
  • Manila Golf Clubno residential value
  • Molave₱338,000
  • Mc Kinley₱338,000
  • Institution / School / Embassyno residential value
  • Narra Avenue₱338,000
  • Palm Avenue₱338,000
  • EDSAno residential value
  • Flame Tree₱338,000
  • Harvard₱338,000
  • Instia₱338,000
  • Ipil Road₱338,000

Full schedule

Zonal Values by Street

Sort:
LocationResidentialCommercialIndustrialPSRCInstitutional
Forbes Park------
Jacaranda(Cor. Mckinley Road)
₱338,000-----
Kawayan(Cor. Mckinley Road)
₱338,000-----
Mahogany(Cor. Mckinley Road)
₱338,000-----
Manila Polo Club *(Cor. Mckinley Road)
-₱400,000----
Manila Golf Club *(Cor. Mckinley Road)
-₱400,000----
Molave(Cor. Mckinley Road)
₱338,000-----
Mc Kinley(Cor. Mckinley Road)
₱338,000₱400,000----
Institution / School / Embassy(Cor. Mckinley Road)
-----₱369,000
Narra Avenue(Cor. Mckinley Road)
₱338,000-----
Palm Avenue(Cor. Mckinley Road)
₱338,000-----
Pandan
₱338,000-----
Park Road
₱338,000-----
Pili Avenue
₱338,000-----
Sen. Gil Puyat Ext.
₱338,000-----
Talisay
₱338,000-----
Tamarind
₱338,000-----
Tanguile
₱338,000-----
All Other Streets
₱338,000₱400,000----
Kasiyahan Condominium(Along Mckinley Road)
₱220,000--₱154,000₱220,000-
Aguho
₱338,000-----
Anahaw
₱338,000-----
Balete
₱338,000-----
Banaba Circle
₱338,000-----
Banyan
₱338,000-----
Bauhinia
₱338,000-----
Caimito
₱338,000-----
Cambridge Circle
₱338,000-----
Dapdap
₱338,000-----
EDSA(Cor. Mckinley Road)
-₱414,000----
Flame Tree(Cor. Mckinley Road)
₱338,000-----
Harvard(Cor. Mckinley Road)
₱338,000-----
Instia(Cor. Mckinley Road)
₱338,000-----
Ipil Road(Cor. Mckinley Road)
₱338,000-----
Footnotes
* Already exists but with no assigned value in the 7th revision, assigned ZV in the 8th revision

FAQ

Frequently Asked Questions about Forbes Park

What is the BIR zonal value in Forbes Park, City of Makati?
The average residential zonal value across classified streets in Forbes Park is ₱333,931/sqm (median ₱338,000/sqm). BIR publishes values per street, not per barangay. At the street level, residential values range from ₱220,000 to ₱338,000/sqm across 33 classified streets. These values are published by BIR RDO 050 (South Makati).
Which street has the highest zonal value in Forbes Park?
Jacaranda has the highest residential zonal value in Forbes Park at ₱338,000 per square meter. It is located Cor. Mckinley Road. This value serves as the minimum taxable base for property transactions on this street.
What is the most affordable zonal value in Forbes Park?
The most affordable street-level residential zonal value in Forbes Park is ₱220,000/sqm, found on Kasiyahan Condominium. It is located Along Mckinley Road. This is the lowest BIR-assessed minimum value for residential property in this barangay.
How much is the capital gains tax for property in Forbes Park?
Use the tax estimator above to calculate based on your specific street and property details. As a reference, based on the average residential zonal value of ₱333,931/sqm, a 100 sqm lot would have a CGT of approximately ₱2,003,586 and a DST of approximately ₱500,897. Note: actual tax is computed on the selling price or fair market value, whichever is higher than the zonal value.
How many streets have BIR zonal values in Forbes Park?
There are 33 streets with published BIR zonal value classifications in Forbes Park, City of Makati. The breakdown by zone type: 29 residential (87.9%), 5 commercial (15.2%).
What is the commercial zonal value in Forbes Park?
The average commercial zonal value across classified streets in Forbes Park is ₱402,800/sqm. At the street level, commercial values go up to ₱414,000/sqm. Commercial zonal values are typically higher than residential values and apply to properties in commercially zoned areas.

Method and law

About These Values

These zonal values are published by BIR RDO 050 (South Makati) and represent the minimum taxable value per square meter for properties in Forbes Park, City of Makati.

When computing taxes, the BIR uses whichever is higher: the selling price/fair market value or the zonal value. These values are used for:

  • 6%Capital Gains Tax (6%)
  • 1.5%Documentary Stamp Tax (1.5%)
  • LGUTransfer Tax (varies by LGU)

Source RDONot necessarily where you file

Note: the RDO shown here is the source RDO: the Revenue District Office whose Department Order published these values. It is not necessarily the RDO where you file taxes for this property. Jurisdictional RDO assignments are governed by BIR's territorial issuances (Revenue Memorandum Orders) and may differ from the source. When in doubt about where to file, contact BIR directly.

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.