6 Essential Landed Property Plot Jargon that You should know
In the real estate sphere in Singapore, there are many acronyms and terms that agents and sellers use to convey certain aspects of a property. Don’t be left in the dark: we help you break down some important property jargon that is commonly used here!
What is plot ratio — How to analyse the URA Master Plan for better property decisions
The gross plot ratio of any development is a determinant to finding out the Gross Floor Area, and it’s a tell-tale sign whether the upcoming development is going to be a full-scale high-rise condominium, or a group of low-rise apartments. In fact, this gives you sort of an edge for buyers and sellers alike for the surrounding area.