How To Calculate Plot Ratio Formula Malaysia
It can be 2 storey of 2 100sqf or 5 storey of 840sqf subject to the height limit.
How to calculate plot ratio formula malaysia. Floor area ratio far is the ratio of a building s total floor area gross floor area to the size of the piece of land upon which it is built. Plot ratios are generally laid out in a development plan submitted by a developer prior to approval. Plot ratio is 1 4 total gfa 1 4 x 3000sqf 4200sqf. Your dsr is usually compared against the bank s maximum allowable dsr limit.
As a formula far gross floor area area of the plot. Ura has made it really easy to find out the plot ratio of any property. Debt service ratio or dsr is a calculation used by the bank to check whether you can repay the loan. The allowable gross plot ratio gpr of a commercial development is guided by the gpr specified in the master plan mp.
He decided to erect a building that has a live able area of 3200sqf on portion of land size 2000sqft. It is a tool used by the planning body of any city or town to identify densely constructed areas from the others. Assuming the plot ratio is 1 10. Does underground basement consider part of the gfa.
Floor area ratio or far is a critical decisive element for the legal construction of any residential or non residential building. Another reason why certain plots of lands even if they are nearby one another is different in pricing is also because of the plot ratio. Read answers from real estate professionals in singapore to hi if the land area is 3 000sqf and the plot ratio is 1 4 that means the gross floor area can not exceed 4 200sqf. The plot ratio in malaysia is set by different local authorities.
The terms can also refer to limits imposed on such a ratio through zoning. What is plot ratio. How to calculate land area or plot area. In this article wealthhow tells you how to calculate floor area ratio and equips you with a calculator for the same purpose.
It is often used as one of the regulations in city planning along with the building to land ratio. Say 2 storey of 2 100sqf and a basement of 1 000sqf. You dont segregate land size by plot ratio. How do i find out a property s plot ratio.
If your dsr is within the limit you stand a higher chance to receive the loan. Plot ratio is what determines the intensity of land usage of a piece of land as it is the determinant to calculate the maximum gross floor area gfa of the development. That means the maximum limit for a plot ratio in kuala lumpur could be very different from that in penang. In brief plot ratio determines how much a developer can build on that piece of land.
Contents1 how to calculate land area or plot area 2 1. Sometimes we may need to know the area of any land or plot for various reasons such as buying selling of land or. For aeb 5 note 6 also read center line method of estimation. New2mondrian landed property has land size of 3000sqft.