Office for Lease in District 2: Gross, Net area calculation

To avoid problems arising as well as determine the correct area when renting an office in District 2, you need to understand and distinguish the following 2 ways of calculating the area, and the impact of calculating the wrong area.

1. How to calculate Gross area

Gross area calculation is usually applied to Grade A office space, or luxury and high-end office buildings,  and is not applied to cheap offices for lease in district 2. This calculation is aimed at "lease of whole building"; it ensures that every corner, area in the building is leased and paid for and maximizing profits, revenues for management companies, investors.

Offices for lease in District 2 - How to calculate Gross area 

Gross area is calculated as follows:

Gross area = Net area + common area

To put it another way, the gross area equals usable areas plus common areas (e.g. corridors, reception area, lounges, and elevators), all of which are included in the rented area.

2. How to calculate Net area

Net area calculation is commonly applied to offices for lease in District 2, Ho Chi Minh City. With this calculation method, tenants will feel more satisfied because they only need to pay for the used area.

Offices for lease in District 2 - How to calculate Net area 

Net area is calculated as follows:

Net area = total usable area

This means the net area is the usable space you can use. In other words, your office space is exclusive of the walls themselves, unlivable space and common areas. This method of calculation is usually applied to Grade B, Grade C offices and cheap offices.

3. Other costs you need to know

The calculation formulas are applied to different office segments. And the differences between the two will have a direct impact on the rent and businesses’ budgets. With the same actual office space, you will pay 23-30% more if you use the Gross area calculation formula compared to the other one. The cost difference is considered as fees for common services and communal space.

Office leasing companies have different ways of calculating office area.

Each company will have different ways of calculating the office space. Some companies apply the following formula:

Gross area = Net area * 1.2 (or 1.4, this variety will change depend on landlords)

According to statistics, when looking for an office for lease in District 2, most of the businesses preferred and feel more satisfied with applying the Net area calculation because they only pay for the actual use of office space. And they think paying for public spaces is a waste of money.
In many cases, after viewing an office and looking at the price, renters feel satisfied because they think they have found a cheap office. But when it comes to the negotiation table, there are many additional costs, which are almost, when combined, equal to the rent.

Choosing a trustworthy office leasing company to avoid incurring costs.

When choosing an office, it is vital to know and understand how to calculate office area, price, deposit fee and other types of costs incurred. This will help you to avoid over budget. What’s more, the end of the year is an opportunity for many office rental companies to offer many promotions. For example, Arental.vn offers a reduction of 50% for the first 2 months of leased offices.
>>> For reference: 3 types of expenses often arise in the course of renting.

4. Choose a prestigious office leasing companies in District 2

To find a reliable company that provides office for lease in District 2 at an affordable price, call 0904 667 858 or check out this site- Click here 
Arental.vn is one of the most Prestigious Office Providers in District 2 With years of experience in property management and office leasing services, we understand the needs and difficulties you are facing when searching for an office. Arental.vn commits to bringing you the best services and a reasonable price. You can rest assured when renting offices at Arental.vn
For now, Arental.vn provides offices mainly in 2 districts: Phu Nhuan District and District 2. Check our website for more information