Cebu Appraiser, Cebu City (2025)

Oscar "Bong" Labrador is a broker-appraiser and among the few trusted
authorities in the country when it comes to Real Estate Valuation and
Appraisal. He has appraised more than 1,500 real property across the country spanning from private individual to institutional holdings, to business and to public sector properties. He is always called upon to provide expert opinion and independent appraisal o

n assets that are due for liquidation during court proceedings and settlements and is frequently invited to provide lectures and seminars on real property valuation for developers, assessors, brokers and insurers including appraisers of banking and non-banking credit extension conduits. in 2009, and is a member of the Chamber of Real Estate and Builders’ Association, Inc. (CREBA), the Institute of Philippine Real Estate Appraisers, Inc. (Affiliated by International Valuers) and International REALTOR Member (R). He took his Masters in Environmental Planning in 2008 and obtained his degree in Commerce in 1982. He has also completed a course on Computer Systems and Basic Programming.

24/07/2025

📣 Heads up, Property Owners! 🏡💼

The new RPVARA Law (Real Property Valuation and Assessment Reform Act) is now in effect, and it brings major changes to how real property taxes are computed.

✅ New Property Values Based on Market Rates
LGUs will now use a uniform Schedule of Market Values (SMV) aligned with real market prices—not outdated zonal values.

📈 Tax Increase? Capped at 6% in Year 1
If your LGU adopts the new SMV, any increase in your real property tax will be limited to just 6% in the first year. This ensures a gradual transition and protects property owners from sudden hikes.

📅 SMVs to be Updated Every 3 Years
Property values will be reviewed every three years, so stay updated with your local assessor.

🧾 Tax Amnesty Available Until July 5, 2026
Got unpaid property taxes from before July 2024? Settle now without penalties, surcharges, or interest under the RPVARA amnesty program.

💻 Digital Property System Coming
A national real property database will soon make valuation and tax records more transparent and accurate.

📍 Tip: Visit your local assessor’s office to check if your area has implemented the new SMV.

Let’s all stay informed and take advantage of the new law’s benefits. 💡

23/07/2025

🌍✨ Cebu Hosts the 2nd Halal and Muslim-Friendly Tourism Forum! ✨🌍
📍 Held at Seda Hotel, Cebu City – July 16, 2025

🕌 As the Philippines pushes forward to become a Muslim-friendly and inclusive tourism hub, Cebu stood proudly as both host and cultural compass during the 2nd Halal and Muslim-Friendly Tourism Forum.

🤝 In a powerful collaboration, the Department of Tourism (DOT) and the Global Tourism Business Association Inc. (GTBA) signed a Memorandum of Understanding, affirming their commitment to expand Halal tourism nationwide — with Cebu as the natural launchpad.

🎙️ DOT Secretary Christina Garcia Frasco, a true Cebuana, rooted her message in heritage and pride:

“More than 500 years ago, Lapu-Lapu stood with unyielding courage. That same spirit lives on in how we welcome travelers from around the world.”

🌟 She emphasized panaghiusa (unity) and paglaum (hope), two values deeply embedded in Cebuano culture — shaping tourism as not just business, but a moral and cultural mission.

🗣️ “This is about transforming the Philippines into a country where every visitor is welcomed with respect, and every Filipino is uplifted with pride,” she added.

💬 GTBA President Michelle Taylan echoed this vision of unity and cultural empowerment. 🇵🇭

🧭 Let us continue to support Halal tourism and celebrate the inclusive identity of the Philippines!

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08/06/2025

📍 TALAMBAN, CEBU – A GROWING INVESTMENT HUB!

Talamban is zoned as Residential-2 (R2) – perfect for townhouses, low-rise condos, or student housing. With improved access via Banilad-Talamban Road, upcoming Cebu BRT, and proximity to USC-Talamban, demand is rising!

✅ Land value: ₱15k–₱25k/sqm
✅ Median house price: ~₱14.7M
✅ Strong rental market – ideal for students/professionals
✅ BRT & Expressway access = higher future land value

📈 Highest & Best Use?
Build low-rise condos, townhouses, or student residences with strong ROÍ.

Address

Cebu City

Website

http://www.cebuappraisers.com/

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