Notice to the public
In compliance with Republic Act No. 12001, otherwise known as the Real Property Valuation and Assessment Reform Act (RPVARA), the City Government of Marikina continues its commitment to fair, transparent, and standardized real property valuation.
What the RPVARA aims to do
- — Establish and adopt a single, uniform real property valuation base for the assessment of real property-related taxes nationwide, as well as for property valuation in government transactions, in accordance with the Philippine Valuation Standards (PVS);
- — Strengthen the capacity of local government units to deliver essential public services; and
- — Support the development and maintenance of a comprehensive, updated electronic database of all real property transactions.