Landed Guide · Episode 1 · 52s
Two Size Numbers — Why Landed PSF Isn't What You Think
Every landed listing shows two size numbers, and most buyers read the wrong one. Land area, built-up, and why a landed price per square foot can't be compared to a condo's.
Key takeaways
- 1
Land area is the plot. Built-up is the floor space of the house. They are two different numbers and they answer two different questions.
- 2
The price per square foot on a landed listing is almost always calculated on the land, not on the house.
- 3
A landed PSF and a condo PSF are therefore not the same measure — a condo's is based on strata floor area. Comparing the two tells you nothing.
- 4
Built-up is measured differently from listing to listing. Voids, balconies and the car porch are sometimes counted and sometimes not, so check what's included before comparing two houses.
- 5
Two landed homes on the same land size, with different built-ups, can carry very different price tags. On the size of that gap: that's from my own transactions, not a published market statistic.
Thinking about a landed purchase or sale?
Land, plot and rebuild potential decide landed value — and they are not what the listing's built-up number tells you. Start with a proper read of your plot.