For Lease: Office Spaces in Mandaluyong City

OFFICE UNITS FOR SALE OR FOR LEASE

Location: Mandaluyong City

This is a PEZA accredited building, meaning BPO tenants can get various tax incentives such as income tax holiday. It has superior views of Wack Wack Golf and Country Club, Marikina and Antipolo mountains, Laguna De Bay and Manila Bay. Transportation is not a problem because of its close proximity to EDSA and MRT Stations. It has provisions for 6,000 fiber optic lines that is perfect for telecommunications requirements. In addition, the building is equipped with 3 MW Back-up generators assuring no brownouts or 100 per cent power back up assuring no business interruption in case of power failures in the city. It has 6 level parking structures and 2 basement parking for guests.

CAPITAL GAINS TAX RETURN (CGT)

Capital Gains Tax (CGT) is normally to the account of the Seller in the sale of real estate.

Here is information from Bureau of Internal Revenue (BIR) when filing Capital Gains Tax (CGT) Returns 

CAPITAL GAINS TAX RETURN (CGT)
(For Onerous Transfer of Real Property Classified as Capital Asset - both Taxable and Exempt)

Checklist of Documentary Requirements:
Important:

1. Processing of transactions commence only upon submission of COMPLETE DOCUMENTS.
2. Mark "✓"  for submitted documents and "x" for lacking documents.

Mandatory

☐  TIN of Seller/s and Buyer/s

☐  Notarized Deed of Absolute Sale / Deed of Transfer at the time or nearest to the date of transaction issued by the Local Assessor's Office for land and improvement

☐  Certified True Copy/ies of Original / Transfer / Condominium Certificate/s of Title (OCT/ TCT/ CCT)

☐  Duly notarized Special Power of Attorney (SPA) from the transacting party/ies if the person signing is not one of the parties to the Deed of Transfer

☐  Sworn Declaration of No Improvement by at least one (1) of the transferees of Certificate of No Improvement issued by the Assesor's Office, if applicable.

☐  Official Receipt /Deposit Slip and duly validated returns as proof of payment of taxes

☐  Secretary's Certificate or Board Resolution approving the sale/transfer of the real property and indicating the name and position of the authorized signatory to the Deed of Sale / Assignment, if the seller/ transferor is a corporation

Other Additional Requirements, if applicable:

☐  Special Power of Attorney (SPA), if the person transacting / processing the transfer is not a party to the transaction

☐  Certification from the Philippine Consulate if document is executed abroad

☐  Location Plan/ Vicinity map if zonal value cannot be readily determined from the documents submitted

☐  Certificate of Exemption /BIR Ruling issued by the Commissioner of Internal Revenue or his authorized representative, if tax exempt

☐  Such other documents as may be required by law/ rulings / regulations/ etc

For Antedated Sales
☐  Certified True Copy/ies of Deedof Sale / Assignment / Exchange issued by the Clerk of Court of City / Municipality where the Notary Public is registered or certification of notarization from the National Archives Office.