My understanding is that a plot ratio of 3.0 means that it is possible to build more than 36 storeys building.
However, why do I still see 2 and 5-storeys projects on this land with plot ratio of 3.0?
My understanding is that a plot ratio of 3.0 means that it is possible to build more than 36 storeys building.
However, why do I still see 2 and 5-storeys projects on this land with plot ratio of 3.0?
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
Some area u cannot build high
This question has been bugging me since years ago. I'm glad that someone finally is asking it.
I also feel that the logical thing for developers to do is to build to the maximum permissible height/storeys to maximise profit. I guess the only plausible explanation could be that they may foresee there isn't enough demand (in that area) to reach the close-to-100% sales rate. So in other areas when they project the demand to be high, they may then build to the max.
There are 2 parts to the calculation. The site area multiple with plot ratio will determine the GFA. If these plots have max out the GFA then cannot built higher even if though height restriction is higher.
You build high, you free up a lot of land and you can have more facilities, playground, swimming pool, garden etc.... So depends on developer what he wants.
http://www.ura.gov.sg/circulars/text...tion-dchbr.pdf
You got the concept n computation mixed up. An architect May explain better.
All developer will max out allowable GFA. And all will try to get higher selling price for a given GFA to maximize profit. Those architects that offer the best profit or value will win the design job.
The plot ratio is only one such guide for what you can do with a plot. Every area is also governed by height restrictions. Nathan road is near embassies so likely to have some height restrictions. But believe me, every developer will max out his GFA ...