Gross floor area calculation methods
Have you ever wondered how your Gross floor area is being calculated?
If you are an investor in Singapore property (properties), you would probably want to learn about plot ratio. As a consequence of plot ratio, you might want to read up on gross floor area.
URA has a handbook written specifically for that. You will also know that it has instituted Green space within high rise buildings by exempting green landscaping areas from Gross floor area (GFA) calculation.
This is important because when a developer builds a condominium, what happens is that they have a plot ratio for any given land plot.
Plot ratio = Gross floor area (GFA) / Land size
If some of the features or landscaping do not count as GFA, that means the developer can build nice features and landscaping and green space to enhance the property while not costing it Gross floor area (GFA). This means that it is not losing floor area which it can sell.
So kudos to URA for excellence in city planning.
http://www.ura.gov.sg/circulars/text/dcdgfahb_d0e4.htm
Singapore mortgage refinance
Property buyer Singapore mortgage consultants
Saturday, March 20, 2010
Subscribe to:
Post Comments (Atom)
Posts
1 comment:
All thanks to Elegant loan firm for helping me secure a of $1,000,000.00 USD to establish my Foodstuff supermarket business in different places. I have been looking for a financial help for the past four years. But now, am completely stressed free all the help of the loan officer Mr Russ Harry. So, I will advise any person who seek for funds to improve his or her business to contact this great firm for help, and it is real and tested. You can reach them through- Email --Elegantloanfirm@Hotmail.com- or Whats-app +393511617486.
Post a Comment