Zoning and Construction

The Difference Between Gross, Net and Gross-with-Common-Area Square Meters

Which square meter figure is in the listing? We explain the difference between net area, gross area and gross area including a share of common areas, and how to compare price per square meter correctly.

2 min read

For the same unit, the figures 'net 90', 'gross 110' and 'gross 125' square meters can all be correct at once. The difference lies in which areas are counted. If you don't use the same definition when comparing price per square meter, you might mistake an expensive home for a cheap one.

Definitions

TermWhat it coversTypical ratio
Net areaThe usable area between the unit's interior wall surfacesThe base measure
Gross areaNet area + the area of interior and exterior walls + (usually) balconiesRoughly 10 to 20 percent more than net area
Gross area including common-area shareGross area plus a share of common areas such as stairs, corridors and the elevatorCan run 20 to 35 percent more than net area

Why does it matter?

  • Price per square meter looks lower if calculated on gross area, and higher if calculated on net area.
  • In gated complexes and residence-style buildings, common areas are larger, so the gap between gross and net widens.
  • The most consistent comparison for rental and sale valuation is based on net area.

The area on the title deed

The area shown on the title deed record is usually the parcel's area, not the unit's. A unit's area appears in the approved architectural project and in some construction-servitude records. To find the exact net area, you can check the approved project or have an on-site measurement done.

This content is for general information only and is not a substitute for legal, financial or tax advice. Rates, amounts and legislation can change over time. Confirm current information with the relevant authority or a professional before proceeding with a transaction.