5 Answers

Hi Alex,

Land area as simply as the size of the land e.g. 2,000 sqft. Built-up and built-in area generally means the same thing i.e. assuming the 70% of the land is used to built the house, the ground level of the house would be approx 700 sqft excluding the parking lot, garden etc. If it's a 3-storey house, the built-up area is approx 3 x 700 = 2,100 sqft.

Plot ratio is a factor used to derive the GFA (Gross Floor Area). Using the same example of 2,000 sqft land and plot ratio of 1.4, GFA = 2,000 x 1.4 = 2,800 sqft which is max permissible built-in floor area for the house.

Both Estate in perpetuity and estate in fee simple are official terms used to describe freehold land. There are some slight differences between them but don't get too hung up by it.

Hope I didn't confuse you further.

Best regards,
Jeron Lee
Jones Lang LaSalle Residential
Mobile/WhatsApp: +65 90015060 
Email: jeron.lee@jllassoc.com Read More
5
Hi Alex,

Jeron has painted a very helpful summary for your understanding.

I think you have great insights to be wanting to get into the landed property. Most importantly, the information you should consider is the land size and build of the property in comparison to the price (with consideration of the condition of unit). Unless you are redeveloping the property on your own, very seldom you will be looking at the GFA.

Are you looking out to invest or self occupation? I do have several interesting buys you maybe interested in.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-=81577565
Email: lim.geryl@yahoo.com.sg Read More
0
Mani Subramanian Veeramani
Dear Alex

built-up area, built-in area https://goo.gl/YQeED3
GROSS FLOOR AREA (GFA) https://goo.gl/IUyvrw
plot ratio https://goo.gl/W57Xsi
estate in perpetuity https://goo.gl/SxW2b0
freehold https://goo.gl/fc69US

There is so much other important information that you should know…
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