Why is plot ratio important?
The plot ratio is an important part of a building’s development plan. It sets out the maximum area of developable space which can be constructed on a specific plot of land. The higher the plot ratio cap, the more properties that can be built on the same plot of land.
What is plot ratio?
Plot ratio is the total floor area of a development divided by the size of the land. For example, if the approved plot ratio by the local council is 1:5 and the land size is 1,000 square feet, the development can have 5,000 square feet of total floor area.
What is the purpose of floor area ratio?
Purpose and use The floor area ratio (FAR) can be used in zoning to limit urban density. While it directly limits building density, indirectly it also limits the number of people that a building can hold, without controlling a building’s external shape.
How do you find the plot ratio?
#1: Plot Ratio To check the plot ratio of a specific development or land parcel, simply search for the development/area name in the URA Master Plan, and look at the number assigned on the development/land parcel. (Land parcels in more undeveloped or yet-to-be-developed areas do not have assigned plot ratios.)
Can plot ratio be increased?
Plot Ratio and space efficiency A plot ratio increase is very likely to turn some developers’ heads in your direction. This is because it means that the land-use can be intensified, allowing the developer to build more on the land (which will, in turn, mean more profits for them).
What does plot ratio 2.8 mean?
URA’s Development Control guideline states that a plot ratio of 2.8 means the development can be built up to a maximum of 36 storeys. According to URA’s masterplan, it shows that the plot of land next to The Dew is allocated for educational institutions and open spaces.
What is a good building efficiency ratio?
Commercial projects have always considered the net-to-gross ratio (the ratio of net rentable space versus total gross building space) and are usually 82 percent to 85 percent efficient, while apartments have been far less efficient, with an average ratio of 70 percent to 75 percent.
What is floor area ratio in building construction?
Floor Area Ratio (FAR) refers to the relationship between the area upon which the building is constructed and the building floor area that is usable or is allowed to be used. FAR guidelines are determined by municipalities and generally differ from one locality to another.
How does plot ratio affect en bloc?
Another indicator of en bloc in Singapore is the plot ratio. Plot ratio is the number that indicates how much more, bigger or taller developers can build in that land area. For instance, if a land is 2,000 ft² and has a plot ratio of 2.5 this means that its Gross Floor Area (GFA) cannot exceed 5,000 ft².
Is higher plot ratio better?
That’s why plot ratios can be a useful indication of potential developments in an area. This is basically the plot ratio of the parcel of land. The larger the number’s value, the more intensively the land can be used. Meaning to say that a high plot ratio will have more units and more storeys.
Why is building efficiency ratio important?
This makes efficiency ratios important, because an improvement in the efficiency ratios usually translates to improved profitability. These ratios can be compared with peers in the same industry and can identify businesses that are better managed relative to the others.
Is building Efficiency Ratio important in building design?
The aspect ratio of a building is one of the most important determinants of energy efficiency. It defines the building surface area by which heat is transferred between the interior and exterior environment. It also defines the amount of building area that is subject to solar gain.
What is a plot ratio?
Under the Town and Country Planning Act 1976 the plot ratio is defined as: “The ratio of the total floor area of a building to the area of the building plot as measured between the survey boundary lines or, if there are no survey boundary lines, between the provisional boundary lines.”
Can a property have its plot ratio revised downwards?
It is extremely uncommon, but there have been cases where a property actually had its plot ratio revised downwards. This was seen in the Draft Master Plan in 2013, when Hillview House and Lam Soon Industrial Building had its plot ratio reduced from 1.92 in Master Plan 2008 to 1.62 in Master Plan 2013.
What is ratio analysis and why is it important?
From a Management and investor point of view, ratio analysis helps to understand and estimate the company’s future financials and operations. Ratios formed from past financial statement analysis helps in estimating future financials, budgeting, and planning for the future operations of the company. 4. Identifying Risk and Taking Corrective Actions
How does plot work in a story?
How Plot Works. Plot has a specific structure. It follows a format that sucks readers in; introduces characters, character development, and world building; and compels readers to keep reading in order to satisfy conflict and answer questions. Plot is about cause and effect, but, most importantly, plot is about choice, a character’s choice.