[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 5 sources · 28 days · First seen · Last updated

Philippine property valuation and reform developments

Overview

The Philippine property valuation landscape is seeing developments in both digital tools and legislative reform. LandValuePH recently launched an online platform that uses Bureau of Internal Revenue zonal-value records and market listings to provide rapid land valuation estimates for homeowners and investors.

Concurrently, the Chamber of Real Estate and Builders’ Associations (CREBA) has voiced support for the Real Property Valuation and Assessment Reform Act (RPVARA). However, CREBA is advocating for a delay in the law’s implementation, noting that only 72 percent of local government units currently have active Comprehensive Land Use Plans. The association argues that updated land use blueprints are necessary to ensure accurate property market values and tax assessments under the new framework.

Entities

Bureau of Internal Revenue · CREBA · Philippines · Fiji Government · LandValuePH

Timeline

  1. [BUSINESS] 3 sources
    CREBA urges updated land use plans for Philippine property valuation reform

    CREBA urges the Philippine government to update local land use plans before implementing the Real Property Valuation and Assessment Reform Act to ensure accurate property valuations.

  2. [BUSINESS] 2 sources
    LandValuePH launches online property valuation platform in the Philippines

    LandValuePH has launched an online platform providing rapid property valuation estimates in the Philippines using BIR zonal-value records and automated analytics.

Sources

andltorre.com · bicolnewsonline.com · consumer.vic.gov.au · fbcnews.com.fj · logisticsnews.ph