Measurement Flashcards
What is the RICS Professional Statement for measurement?
RICS Property Measurement (2nd Ed.) January 2018 (incorporating the International Property Measurement Standards)
When did it come into effect?
May 2018
What was the purpose of issuing this professional statement?
Aimed at establishing consistencies within property measurement to be adopted by governments and the industry on a global basis
If a client asks you to measure of NIA, should you only measure on that basis?
Not necessarily, Members are encouraged to measure and report on a dual basis, until IPMS is embedded into market practice.
When is it mandatory to measure on IPMS?
Mandatory for all RICS members when measuring office and residential buildings (Unless you receive written instructions from the client)
What are the requirements to comply with RICS measurement?
1) Provide a date when the measurement is taken
2) State the measuring methodology adopted
3) Provide the reference and scale of any plans used
4) State the conversion factor from metric/imperial and any rounding
4) measurements and calculations must be clearly documented
5) Retain a record of the RICS member responsible to certify the above
Key Definition: Common Facilities
Key Definition: Component Area
Key Definition: Finished Surface
Key Definition: Internal Dominant Face (IDF)
The inside finished surface comprising more than 50% of the floor to ceiling height for each IDF wall section.
Key Definition: IDF Wall Section
Key Definition: Limited Use Area
Key Definition: Useable Floor Area
In terms of Offices, when would you use IPMS 1?
For planning or building costs purposes
(GEA)
In terms of Offices, when would you use IPMS 2?
For Agency and Valuation purposes (effectively GEA)
In terms of Offices, when would you use IPMS 2?
For Agency and Valuation purposes (effectively GIA)
In terms of Offices, when would you use IPMS 3?
Also for Agency and Valuation Purposes (effectively NIA)
IPMS 1 definition
Used for measuring the area of a building including external walls on a floor by floor basis
IPMS 2 definition
Used for measuring the interior of an office to include all areas available for direct uses, measured to the ‘Internal Dominant Face’ of the wall on a floor by floor basis in ‘component areas’
IPMS 3 definition
Used for measuring the occupation of floor areas in exclusive use using same assumptions as IPMS2.
Measured to the IDF on a floor by floor basis
Using the floor area available on an exclusive basis to an occupier.
What measurements are INCLUDED, but stated separately, in IPMS 1
- Covered galleries
- Balconies
- Generally accessible roof terraces
(GEA did not include galleries and balconies)
What measurements are EXCLUDED, but stated separately, in IPMS 1
- upper void levels of an atrium
- Open External stairwells
- Patios, refuse areas, external parking at ground level.
What measurements are INCLUDED, but stated separately, in IPMS 2
- Covered galleries and balconies
- Generally accessible roof terraces
What measurements are EXCLUDED, but stated separately, in IPMS 2
- Open light wells and upper level voids of an atrium
- Patio and decks at ground floor level
- External parking and equipment yards, cooling equipment and refuse areas
What measurements are INCLUDED, but stated separately, in IPMS 3
- Covered galleries and balconies
- Generally accessible roof terraces