REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE
MANILA

DEPARTMENT ORDER NO. 046 - 2023

August 8, 2023

SUBJECT: IMPLEMENTATION OF THE REVISED SCHEDULES OF ZONAL VALUES OF REAL PROPERTIES IN THE CITY OF CALOOCAN
(7TH REVISION), WITHIN THE JURISDICTION OF REVENUE DISTRICT OFFICE NO. 27 - CALOOCAN CITY, REVENUE REGION
NO. 5 - CALOOCAN CITY FOR INTERNAL REVENUE TAX PURPOSES.

TO : All Internal Revenue Officers and Others Concerned

Under Section 4 of Republic Act No. 10963, otherwise known as the "Tax Reform for Acceleration and Inclusion
(TRAIN)" Law, amending Section 6 (E) of National Internal Revenue Code (NIRC) of 1997, the Commissioner is hereby authorized to divide
the Philippines into different zones or areas and shall determine the fair market value of real properties located in each zone or areas,
subject to automatic adjustment once every three (3) years.

By virtue of said authority and after the conduct of public hearing on June 29, 2022, the Commissioner of Internal Revenue
has determined the zonal values of real properties in the City of Caloocan (7th Revision), within the jurisdiction of Revenue District
Office No. 27 - Caloocan City, Revenue Region No. 5 - Caloocan City.

This Order is therefore issued to implement the revised schedule of zonal values of real properties for purposes of computation of any
internal revenue tax due on sale/transfer or any other disposition of real properties. The zonal values established herein shall apply provided the
same is higher than (1) the fair market value as shown in the schedule of values of the City Assessor and (2) the gross selling price/consideration
as shown in the duly notarized document of sale or transfer of real property.

This Order shall take effect immediately.

(original signed)
BENJAMIN E. DIOKNO
Secretary of Finance

RECOMMENDED BY:

(original signed)
ROMEO D. LUMAGUI, JR.
Commissioner of Internal Revenue
DEFINITION OF TERMS

RESIDENTIAL LAND/CONDOMINIUM PRINCIPALLY DEVOTED TO HABITATION.

COMMERCIAL LAND DEVOTED PRINCIPALLY TO COMMMERCIAL
PURPOSES AND GENERALLY FOR THE OBJECT OF PROFIT.
INDUSTRIAL DEVOTED PRINCIPALLY TO INDUSTRY AS CAPITAL.
AGRICULTURAL DEVOTED PRINCIPALLY TO RAISING OF CROP SUCH AS RICE,
CORN, SUGARCANE, TOBACCO, ETC. OR TO PASTURING,
INLAND FISHING, SALT-MAKING, AND OTHER AGRICULTURAL
USES INCLUDING TIMBERLAND AND FOREST LAND.
GENERAL PURPOSE RAWLAND, UNDEVELOPED AND UNDERDEVELOPED AREA
WHICH HAS POTENTIAL FOR DEVELOPMENT INTO
RESIDENTIAL, COMMERCIAL, INDUSTRIAL, INSTITUTIONAL,
ETC. MUST NOT BE LESS THAN 5,000 SQUARE METERS.
VICINITY MEANS AN AREA, LOCALITY, NEIGHBORHOOD OR DISTRICT
ABOUT, NEAR, ADJACENT PROXIMATE OR CONTIGUOUS TO A
STREET BEING LOCATED.

CLASSIFICATION LEGEND:
CODE CLASSIFICATION CODE CLASSIFICATION
RR Residential Regular GL Government Land
CR Commercial Regular GP General Purposes
RC Residential Condominium I Industrial
CC Commercial Condominium X Institutional
CL Cemetery Lot APD Area for Priority Development
A Agricultural PS Parking Slot

AGRICULTURAL LANDS
A1 Riceland Irrigated A26 Bamboo Land
A2 Riceland Unirrigated A27 Peanut Land
A3 Upland A28 Soy beans Land
A4 Coco Land A29 Grape vineyard
A5 Citrus Land A30 Pepper Land
A6 Fishpond A31 Mineral Land
A7 Swamp A32 Non Metallic mineral Land
A8 Nipa Land A33 Coal Deposit
A9 Cotton Land A34 African Oil Land
A10 Cogon A35 Rubber Land
A11 Abaca Land A36 Forest Land/Timber Land
A12 Orchard A37 Horticultural Land
A13 Pineapple Land A38 Salt Beds
A14 Banana Land A39 Seashore
A15 Pasture Land A40 Resort
A16 Corn Land A41 Sandy/Stony
A17 Sugar Land A42 Prawn pond
A18 Tobacco Land A43 Sorghum
A19 Cacao A44 Ipil-ipil
A20 Lanzones A45 Kangkong
A21 Durian A46 Zarate
A22 Rambutan A47 Vegetable Land
A23 Mango A48 Coffee
A24 Mangrove A49 Mountainous / Hilly Areas
A25 Camote/Cassava A50 Other Agricultural Lands
Province NCR - Metro Manila
City/Municipality Caloocan City D.O. No. 046-2023
Zone/Barangay 173 Effectivity Date 9/17/2023
STREET NAME / SUBDIVISION/ 7TH REVISION
VICINITY CLASS ZV/SQM
CONDOMINIUM
CELERINA HOMES ALL LOTS CELERINA HOMES RR 9,800.00
CR 14,100.00
I 12,700.00
CONGRESSIONAL AVENUE FR CORNER SUSANO ROAD TO RR -
CR 23,500.00
I 21,200.00
FR ST. JOSEPH COLLEGE TO RR -
CR 23,500.00
I 21,200.00
CONGRESSIONAL HOMESITE CONGRESS VILLAGE RR 10,200.00
CR 15,000.00
I 13,500.00
HILLCREST VILLAGE ALL LOTS HILLCREST VILLAGE RR 10,200.00
CR 15,000.00
I 13,500.00
KALIKASAN HILLS ALL LOTS WITHIN KALIKASAN HILLS RR 10,200.00
CR 15,000.00
I 13,500.00
MAGINHAWA VILLAGE ALL LOTS WTIHIN MAGINHAWA VILLAGE RR 10,200.00
CR 15,000.00
I 13,500.00
NORTH VILLE SUBD. ALL LOTS WITHIN NORTH VILLE RR 10,200.00
CR 15,000.00
I 13,500.00
PALMERA SPRING PHASE 3 RR 10,200.00
CR 15,000.00
I 13,500.00
POTENCIANO COMPOUND SUSANO/CAMARIN ROAD RR 13,500.00
CR 23,500.00
I 21,200.00
RAINBOW VILLAGE ALL LOTS WITHIN RAINBOW VILLAGE RR 10,200.00
CR 15,000.00
I 13,500.00
RESIDENZA SUBD ALL LOTS WITHIN RESIDENZA RR 10,200.00
CR 15,000.00
I 13,500.00
SANTOS COMPOUND ALL LOTS WITHIN SANTOS COMPOUND RR 10,200.00
CR 15,000.00
I 13,500.00
SARANAY VILLAGE ALL LOTS WITHIN SARANY VILLAGE RR 10,200.00
CR 15,000.00
I 13,500.00
SENATE VILLAGE PHASE 1 RR 10,200.00
CR 15,000.00
I 13,500.00
SUSANO ROAD/CAMARIN RD INTERSECTION OF RR 16,200.00
CR 24,700.00
I 22,200.00
FR CORNER CONGRESSIONAL RR 16,200.00
CR 25,500.00
I 23,000.00
ZABARTE COMPOUND ALL LOTS WITHIN ZABARTE COMPOUND RR 10,800.00
CR 15,000.00
X 14,500.00
I 13,500.00
ALL OTHER STREETS RR 9,400.00
CR 13,400.00
I 12,100.00