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ToolsZonal ValuesZambalesCity of OlongapoBanicain

BIR Zonal Values in Banicain

City of Olongapo, Zambales · RDO 018 (Olongapo City, Zambales)

Effective: May 13, 2022

Banicain Zonal Value Summary (2026)

Banicain is a barangay in City of Olongapo, Zambales with 26 street-level zonal value classifications published by the Bureau of Internal Revenue (BIR). The barangay-level residential zonal value is ₱10,320 per square meter. Street-level residential values range from ₱8,000 to ₱14,000 per square meter, with a median of ₱10,000/sqm. The highest-valued residential street is W-1ST STREET at ₱14,000/sqm. Commercial zonal values reach up to ₱35,000/sqm. The majority of classified streets (96.2%) 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 Banicain.

Residential
₱10,320
/sqm
Commercial
₱23,278
/sqm
Industrial
-
Estimate Your Property Tax in Banicain

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

Based on Banicain barangay-level residential value of ₱10,320/sqm

Zonal Basis
₱1,032,000
100 sqm x ₱10,320
Capital Gains Tax (6%)
₱61,920
Documentary Stamp Tax (1.5%)
₱15,480
Estimated Total (CGT + DST)
₱77,400

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.

Zone Type Distribution

Residential25 of 26 streets (96.2%)
Commercial18 of 26 streets (69.2%)

Street Rankings

Top 5 Highest Residential
  1. 1.W-1ST STREET(LUNA ST.-E6TH ST.)₱14,000/sqm
  2. 2.W-2ND STREET(FOSTER ST. & LUNA ST.-BRGY. NEW KABABAE)₱14,000/sqm
  3. 3.10TH ST(FOSTER ST. & LUNA ST.-BRGY. NEW KABABAE)₱14,000/sqm
  4. 4.DAVIS ST. 1(SILAHIS ST.-CORPUZ ST.)₱11,000/sqm
  5. 5.DAVIS ST. 2(SILAHIS ST.-CORPUZ ST.)₱11,000/sqm
Top 5 Most Affordable
  1. 1.DAVIS ST. 1(INTERIOR)₱8,000/sqm
  2. 2.DAVIS ST. 2(INTERIOR)₱8,000/sqm
  3. 3.GIL ST(INTERIOR)₱9,000/sqm
  4. 4.GORDON ST(INTERIOR)₱9,000/sqm
  5. 5.RIZAL AVENUE(ULO NG APO-CLTX STA. RITA)₱10,000/sqm
Top 3 Commercial Streets
  1. 1.RIZAL AVENUE(ULO NG APO-CLTX STA. RITA)₱35,000/sqm
  2. 2.RIZAL AVENUE(ULO APO-MAGSAYSAY RTDA)₱35,000/sqm
  3. 3.RIZAL AVENUE(MAGSAYSAY RTDA-HOSPITAL)₱35,000/sqm

Streets by Vicinity

INTERIOR
6 streets|Avg ₱9,000/sqm
  • W-1ST STREET₱10,000
  • 10TH ST₱10,000
  • DAVIS ST. 1₱8,000
  • DAVIS ST. 2₱8,000
  • GIL ST₱9,000
  • +1 more streets
SILAHIS ST.-CORPUZ ST.
3 streets|Avg ₱10,667/sqm
  • DAVIS ST. 1₱11,000
  • DAVIS ST. 2₱11,000
  • ESCOTA ST.₱10,000
MAGSAYSAY RTDA-HOSPITAL
2 streets|Avg ₱10,000/sqm
  • RIZAL AVENUE₱10,000
  • ALL OTHER STREETS₱10,000
FOSTER ST. & LUNA ST.-BRGY. NEW KABABAE
2 streets|Avg ₱14,000/sqm
  • W-2ND STREET₱14,000
  • 10TH ST₱14,000
Streets
26
Median Residential
₱10,000
Residential Range
₱8,000-₱14,000
Avg Commercial
₱23,278

Zonal Values by Street

LocationResidentialCommercialIndustrial
Banicain---
↳ RIZAL AVENUE(ULO NG APO-CLTX STA. RITA)
₱10,000₱35,000-
↳ RIZAL AVENUE(ULO APO-MAGSAYSAY RTDA)
₱10,000₱35,000-
↳ RIZAL AVENUE(MAGSAYSAY RTDA-HOSPITAL)
₱10,000₱35,000-
↳ RIZAL AVENUE(FROM BRGY WEST TAPINAC TO SBMA GATE (MANILA AVE))
-₱25,000-
↳ W-1ST STREET(LUNA ST.-E6TH ST.)
₱14,000₱23,000-
↳ W-1ST STREET(INTERIOR)
₱10,000--
↳ W-2ND STREET(FOSTER ST. & LUNA ST.-BRGY. NEW KABABAE)
₱14,000₱23,000-
↳ 10TH ST(FOSTER ST. & LUNA ST.-BRGY. NEW KABABAE)
₱14,000--
↳ 10TH ST(INTERIOR)
₱10,000--
↳ ABILLE ST(PERIMETER ST.- 1ST ST.)
₱10,000₱23,000-
↳ BASA ST(PERIMETER ST.-W-2ND ST.)
₱10,000₱20,000-
↳ CORPUZ ST(W-1ST ST.-W-2ND ST.)
₱10,000₱20,000-
↳ DAVIS ST. 1(SILAHIS ST.-CORPUZ ST.)
₱11,000₱20,000-
↳ DAVIS ST. 1(INTERIOR)
₱8,000--
↳ DAVIS ST. 2(SILAHIS ST.-CORPUZ ST.)
₱11,000₱20,000-
↳ DAVIS ST. 2(INTERIOR)
₱8,000--
↳ ESCOTA ST.(SILAHIS ST.-CORPUZ ST.)
₱10,000₱20,000-
↳ FOSTER ST.(LUNA ST.-FOSTER ST.)
₱10,000₱20,000-
↳ GIL ST(GORDON ST.-ABILLE ST.)
₱10,000₱20,000-
↳ GIL ST(INTERIOR)
₱9,000--
↳ GORDON ST(LUNA ST.-GIL ST. & W-1ST ST.)
₱10,000₱20,000-
↳ GORDON ST(INTERIOR)
₱9,000--
↳ LUNA ST(GORDON ST.-FOSTER ST.)
₱10,000₱20,000-
↳ LITTLE ST.(GORDON ST.-LUNA ST.)
₱10,000₱20,000-
↳ PERIMETER ST.(BASA ST.-BRGY. NEW KABABAE)
₱10,000₱20,000-
↳ ALL OTHER STREETS(MAGSAYSAY RTDA-HOSPITAL)
₱10,000--

Frequently Asked Questions about Banicain

What is the BIR zonal value in Banicain, City of Olongapo?
The barangay-level residential zonal value in Banicain is ₱10,320 per square meter. At the street level, residential values range from ₱8,000 to ₱14,000/sqm across 26 classified streets. These values are set by BIR RDO 018 (Olongapo City, Zambales).
Which street has the highest zonal value in Banicain?
W-1ST STREET has the highest residential zonal value in Banicain at ₱14,000 per square meter. It is located LUNA ST.-E6TH ST.. This value serves as the minimum taxable base for property transactions on this street.
What is the most affordable zonal value in Banicain?
The most affordable street-level residential zonal value in Banicain is ₱8,000/sqm, found on DAVIS ST. 1. It is located INTERIOR. This is the lowest BIR-assessed minimum value for residential property in this barangay.
How much is the capital gains tax for property in Banicain?
Use the tax estimator above to calculate based on your specific street and property details. As a reference, based on the barangay-level zonal value of ₱10,320/sqm, a 100 sqm lot would have a CGT of approximately ₱61,920 and a DST of approximately ₱15,480. 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 Banicain?
There are 26 streets with published BIR zonal value classifications in Banicain, City of Olongapo. The breakdown by zone type: 25 residential (96.2%), 18 commercial (69.2%).
What is the commercial zonal value in Banicain?
The barangay-level commercial zonal value in Banicain is ₱23,278 per square meter. At the street level, commercial values go up to ₱35,000/sqm. Commercial zonal values are typically higher than residential values and apply to properties in commercially zoned areas.

Other Barangays in City of Olongapo

AsinanBarrettoEast Bajac-bajacEast TapinacGordon HeightsKalaklan
About These Values

These zonal values are published by BIR RDO 018 (Olongapo City, Zambales) and represent the minimum taxable value per square meter for properties in Banicain, City of Olongapo.

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

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

Data Source: Bureau of Internal Revenue (BIR), Philippines

Legal Basis: Section 6(E) of NIRC of 1997, as amended by RA 10963 (TRAIN Law)

BIR Zonal Values Page

Data extracted from official BIR zonal value schedules. For official purposes, verify with BIR directly.