Asked by Confused By Enbloc Ppty
Dear Gurus:
I see some condos selling which are subject of enbloc.
Plot Ratio = Gross Floor Area / Site Area
1. How do we find the site area of a project
2. How or who do we calculate gross floor area of current project?
3. Is there a way for property buyers to calculate so that we don't pay higher than the target psf that developer will likely foot for an enbloc? I know for example, construction is cost is $300-$400psf, plus some re-development charge.
Thank you very much for your replies.
I see some condos selling which are subject of enbloc.
Plot Ratio = Gross Floor Area / Site Area
1. How do we find the site area of a project
2. How or who do we calculate gross floor area of current project?
3. Is there a way for property buyers to calculate so that we don't pay higher than the target psf that developer will likely foot for an enbloc? I know for example, construction is cost is $300-$400psf, plus some re-development charge.
Thank you very much for your replies.
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