Saleable Floor Area Definition Hong Kong

Saleable floor area include full thickness of external walls half thickness of walls shared with other units internal walls thickness as well as balconies but exclude bay windows.

Saleable floor area definition hong kong.

The saleable area is the actual size of a home including balconies. Questions and answers click here updated on 15 may 2013 related cpd activities. Provision of floor area information for second hand residential properties click here for the practice circular. If the chapter is also available in rtf format you may go straight to the download area at the bottom of the page to download and print the whole chapter rtf copy.

In other countries gross floor area meaning is like hong kong s saleable area. Drafting legislation in hong kong. Definitions of gfa including which areas are to be counted towards it and which areas aren t vary around the world. Eaa articles published by the media.

Adding to this confusion is the practice among some developers to use gross leasable area gla and gfa interchangeably or to use. Saleable area means the floor area of the residential property which includes the floor area of i a balcony ii a utility platform and iii a verandah so long as it forms part of the residential property. Saleable area of residential properties series. Net floor area is the internal room space between face of walls.

Gross floor area includes the saleable area plus a share of the common areas bay windows and facilities. Gross floor area gfa in real estate is the total floor area inside the building envelope including the external walls and excluding the roof. Floor areas a domestic unit is measured on the basis of saleable area which is defined as the floor area exclusively allocated to the unit including balconies verandahs utility platforms and other similar features but excluding common areas such as stairs lift shafts pipe ducts lobbies and communal toilets. In short usable floor area is originated from buildings ordinance for population estimation in a proposed space whereas the saleable area is for property conveyance in first hand sale.

However legally they cannot include platforms terrace or rooftop. The common area is the idea coming from deed of mutual covenant and building management ordinance.