SECTION 1. Section 19 of Batas Pambansa Blg. 129, otherwise known as “The Judiciary Reorganization Act of 1980,” as amended, is hereby amended to read as follows:
“SEC. 19. Jurisdiction of the Regional Trial Courts in Civil Cases. – Regional Trial Courts shall exercise exclusive original jurisdiction:
“x x x
“(2) In all civil actions which involve the title to, or possession of, real property, or any interest therein, where the assessed value exceeds Four hundred thousand pesos (P400,000.00), except for forcible entry into and unlawful detainer of lands or buildings, original jurisdiction over which is conferred upon the Metropolitan Trial Courts, and Municipal Trial Courts in Cities, Municipal Trial Courts, and Municipal Circuit Trial Courts;
“(3) In all actions in admiralty and maritime jurisdiction where the demand or claims exceeds Two million pesos (P2,000,000.00);
“(4) In all matters of probate, both estate and intestate, where the gross value of the estate exceeds Two million pesos (P2,000,000.00)’
“x x x
“(8) In all other cases in which the demand, exclusive of interest, damages of whatever kind, attorney’s fees, litigation expenses and costs or the value of the property in controversy exceeds Two million pesos (P2,000,000.00).”