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Gross leasable area (GLA) is the amount of floor space available to be rented in a commercial property. Specifically, gross leasable area is the total floor area designed for tenant occupancy and exclusive use, including any basements, mezzanines, or upper floors. It is typically expressed in square metres (although in some places such as the ...
Saleability (also called profitability) is a technical analysis term used to compare performances of different trading systems or different investments within one system. Note, it is not simply another word for profit.
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. It is often used as one of the regulations in city planning along with the building-to-land ratio. [ 1 ]
Attached to this definition was the following footnote: for the purpose of sale or of building development: Every division of a piece of land into two or more lots, parcels or parts is, of course, a subdivision. The intention is to cover all subdivision of land where the immediate or ultimate purpose is that of selling the lots or building on them.
When there is a 1% increase in the US real interest rate, the property prices decrease from $9302.845 to $4957.274, and saleable area drops by $4.955206 and $14.01284. When there is a 1% rise in overnight Hong Kong Interbank Offered Rate, the housing prices drop to about 3455.529, and the price per ft2 will drop by $187.3119.
Despite the persistent rise in living costs due to inflation over the past two years, certain goods and services have become more affordable, offering a reprieve for consumers. While inflation has...
A residential area of Ikuri in Tampere, Finland. In certain residential areas, especially rural, large tracts of land may have no services whatever, such that residents seeking services must use a motor vehicle or other transportation, so the need for transportation has resulted in land development following existing or planned transport infrastructure such as rail and road.
On April 29, 2013, the Residential Properties (First-hand Sales) Ordinance practice came into effect, banning the term "gross floor area" in advertising flats in new developments; developers must henceforth specify the size of flats in terms of "saleable area" – the usable space within the flat – in sales brochures for new residential projects.