How To Distinguish Between Gross Area And Net Area
When looking through some quotations from office buildings, there will be times when you come across the terms “GROSS” and “NET ” area, do you wonder what these two are and how are they different? how are each other? 1. CHARACTERISTICS OF GROSS AREA WHEN RENTING OFFICES Gross area is a way to calculate the office rental space, including space where the tenants can work, plus the outside area used for common use such as corridors, shared toilets, aisles. in return, hall, elevator … (will also be included in the total office space by the investor). This calculation is often applied in Grade A office buildings to maximize profits, ensuring that any space, including the public spaces, can be leased. 2. CHARACTERISTICS OF NET AREA WHEN RENTING OFFICE NET area is also the actual space that you rent an office for your work and profession. NET area is calculated with the separate compartment space, excluding the lobby, corridor, WC as well as public spaces in the building. Particularly