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Hong Kong law Chapter 123F, Building (Planning) Regulations, Regulation 23 sect 3 sub-paragraph (a) defined that: Subject to sub-paragraph (b), for the purposes of regulations 19, 20, 21 and 22, the gross floor area of a building shall be the area contained within the external walls of the building measured at each floor level (including any floor below the level of the ground), together with ...
Comparison of floor area ratio (FAR) or floor space index (FSI) and building coverage ratio (BCR) 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]
A cubic yard (symbol yd 3) [1] is an Imperial / U.S. customary (non-SI non-metric) unit of volume, used in Canada and the United States. It is defined as the volume of a cube with sides of 1 yard (3 feet , 36 inches , 0.9144 meters ) in length .
In the construction industry, the 1:5:200 rule (or 1:5:200 ratio) is a rule of thumb that states that: . If the initial construction costs of a building is 1, then its maintenance and operating costs over the years is 5, and the business operating costs (salary of people working in that building) is 200.
The rate on the popular U.S. 30-year fixed-rate mortgage will average around 6.0% next year and help to boost new housing construction and stimulate demand for previously owned… NBC Universal 2 ...
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...