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Private enclosed spaces and private roof terraces will be treated as gross floor area (GFA). The GFA of such spaces in non-landed residential developments, including ECs, will be counted as part of the ‘bonus’ GFA of a residential development and subject to payment of charges. This is in line with the treatment of balconies under URA’s current guidelines.
What is GFA?
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1 Answer

Edvan Lee CK 李钊昆
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Hello buddy,

GFA is "gross floor area". As per mentioned in your earlier statement =)

Essentially, the "bonus" is meant more for developer. Eg balcony = 100sqft, however only 90% is factor in as the total GFA. That means the developer is selling you the additional 10sqft at 100% profit margin. Something along that line.

Hence coming back, if you are planning to enter the private residential property market to get yourself a unit, please do not be bothered by these too much. Focus on the big picture =)

Please do work with a realtor and he/she will be able to take care of all your needs, concerns and interests! All the best in your property journey!

Sincerely yours,
Edvan Lee (李钊昆)
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