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zonal values
Linear park and buildings in Filinvest City. —PHOTO BY JUAN V. SARMIENTO JR.
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February 15, 2024February 15, 2024Property

Zonal values of real estate are rising much faster than incomes do

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Real estate sellers and buyers and heirs will pay a bigger amount of taxes starting this year in Muntinlupa City, home to swanky subdivisions such as Ayala Alabang and Palms Pointe, as well as the Filinvest City central business district (CBD) and Madrigal Business Park. Zonal values in Muntinlupa rose 14 to 100% effective Jan....

land 2
The zonal value in Multinational Village in Paranaque City is surging 269% from P13,000 to P48,000 per sqm. —PHOTOS BY JHENG MIRANDA
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October 2, 2023October 2, 2023Property

Zonal values of residential land surging

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Zonal values of residential land are rising by up to about 330% in Parañaque City effective Monday, Oct. 2, catching residents and property owners by surprise.  The surge is triggering concerns that the high cost of real property in the city will hamper sales and further make homes unaffordable to most people, especially the Gen...