New Zonal Value of Properties covering RDO 50 South Makati (Forbes Park Village)

Barangay Forbes Park, which was established in early 1940s, is one of the first villages to be developed by Ayala Corporation. It was named after an American Governor-General assigned in the Philippines – William Cameron Forbes.  It has a land area of 2.5 square kilometers with a population density of one (1) person per 1,000 square meters. Based on the 2010 Census of Population, Forbes Parks has 2,533 residents.

Purely residential in use, Forbes Park is considered as one of the oldest settlement in Makati and is renowned to be the home of the Philippines’ flushest families and well-known diplomats and expatriates business executives. Famous landmarks of Barangay Forbes Park include the following: Manila Golf Club, Manila Polo Club, Santuario de San Antonio Parish, San Antonio Plaza Arcade, Kasiyahan Homes, Manila Polo Townhouses, and the more than a hundred century old Acacia Trees.

Source: http://www.makati.gov.ph/portal/main/index.jsp?main=19&content=0&menu=0

Name of Building Residential Commercial Parking
Kasiyahan Condominium 205,000 143,500

Notes:

  1. Developer/Owner of condominium project built after the effectivity of this revision shall request for assignment of zonal values (ZV) from the members of the Technical Committee of Real Property Valuation (TCRPV).
  2. There is no commercial and business establishment in Barangay Forbes Park
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