4. Definitions - IPMS: Office Buildings

Question 1

What is “IPMS 1 – Offices” used for?

Answer 1

For planning or build cost purposes. (Closest to GEA)

Measures the area of a building including the external walls on a floor by floor basis.

It Includes (but states separately):
* Covered Galleries
* Balconies
* Generally Accessible Balconies and Roof Terraces (GEA did not include balconies and terraces)

It excludes:
* External Parking at Ground level
* Open external stairwells
* Upper void levels of an atrium

Question 2

What is “IPMS 2 – Offices” used for?

Answer 2

For build costs. (Closest to GIA)

Used for measuring the interior of an office, includes all areas available for direct use, measured to the internal dominant face of the wall on a floor by floor basis.

Measurement included (but stated separately):
* covered balconies
* Galleries
* generally accessible roof terraces

It excludes:
* External Parking and equipment yards
* Patios and decks at ground level
* Open light wells and upper void levels of an atrium

Question 3

What is “IPMS 3 – Offices” used for?

Answer 3

Also for agency and valuation purposes. (Closest to NIA)

IPMS 3 is the same as IPMS 2, but measures the areas in excludes standard facilities oproviding shared or common facilities such as:
* Stairs
* lifts
* WC’s
* plant rooms

Question 4

What are the main differences between IPMS3 and NIA?

Answer 4

The main differences are as follows:
- Perimeter measurements are taken to the “internal dominant face”
- No Exclusion of areas with a restricted height of 1.5m
- All columns are included
- On floors with more than one tenant, the area is taken to the midpoint of the partition wall.