Property Valuation
The 'gross building area' (GBA) of a commercial building includes:
AOnly tenant-occupied space
BAll enclosed areas including common areas, mechanical rooms, stairwells, and elevators✓ Correct
COnly the areas measured from interior walls
DOnly the ground-floor area
Explanation
Gross building area (GBA) includes all enclosed floor area measured from the exterior walls, including common areas, lobbies, stairwells, mechanical rooms, and any other enclosed spaces — not just rentable area.
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