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How do you calculate in dollar terms - per square foot per plot ratio?
Wiki User
∙ 13y ago
For example, a land area of 40,518 square feet with a plot ratio of 1.4 can be developed into apartments with a maximum floor area of 56,725 square feet. If the purchase price of the land is $77.33 million, then the per square foot per plot ratio price is $77.33m/(40,518 x 1.4) = $1,363 psf ppr.
Wiki User
∙ 13y ago
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