MEASUREMENT OF BUILDINGS


The method of measuring a building varies with the purpose of the feasibility and assessment. Typical measurement methods are:

• gross floor area (gfa) eg total floor lettings.
• floor space ratio (fsr) eg planning approval
• net lettable area (nla) eg commecial and retail
• multiple tenancies lettable area (mtla)
• gross lettable area (gla)
• total cubic volume (tcv) eg warehouses,
• gross area (ga) eg houses
• floor space ratio area (fsra) eg town planning.

Gross areas are used for small buildings such as houses but the most common and useful method for an investment property is the net lettable area. Ratio measures such as FSR apply to development land as they determine the maximum allowable size of the building on that site. Total cubic volume is only used where height is important such as a warehouse.

See
metrics