FIRST MATE DEVELOPMENT LTD v. GEE WING CHUNG, THE ADMINISTRATOR OF THE ESTATE OF LIU WAI YAN ALSO KNOWN AS BO FONG LIU GEE, DECEASED AND OTHERS
The Tribunal refused leave: Paragraph 2 Schedule 2 confines reserve price to the lot's redevelopment potential 'on its own' and excludes marriage value/Clay Factor as a basis to set the statutory reserve price at the leave stage; Fully H K Investments is binding and the proposed appeal has no reasonable prospect of success nor any other reason in the interests of justice under s.11AA(6).
- Citation
- [2018] HKLdT 16
- Parties
- Applicant: Applicant; 2nd Respondent: 2nd Respondent; 1st Respondent: 1st Respondent; 3rd Respondent: 3rd Respondent
- Court
- Lands Tribunal
- Jurisdiction
- Hong Kong
- Judgment Date
- 15 March 2018
- Case Number
- LDCS8000/2016
- Procedural Posture
- Lands Tribunal Leave to Appeal From Interlocutory Decision Under Land (compulsory Sale for Redevelopment) Ordinance / Application for Leave to Appeal (interlocutory)
- Outcome
- Interlocutory application dismissed; leave to appeal refused
- Legal Topics
- Marriage Value, Clay Factor, Reserve Price, Interpretation of Schedule 2 Paragraph 2, Leave to Appeal, Reasonable Prospect Test
- Source Language
- EN
Case Brief
Summary, issues, holding and outcome
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Parties
Applicant
Applicant
2nd Respondent
2nd Respondent
1st Respondent
1st Respondent
3rd Respondent
3rd Respondent
Procedural Posture
Lands Tribunal Leave to Appeal From Interlocutory Decision Under Land (compulsory Sale for Redevelopment) Ordinance / Application for Leave to Appeal (interlocutory)
Legal Issues
- 1 Whether Paragraph 2 of Schedule 2 of the Land (Compulsory Sale for Redevelopment) Ordinance requires the reserve price to be assessed by reference to the redevelopment potential of the lot "on its own" excluding any marriage value arising from agglomeration of sites
- 2 Whether the so-called "Clay Factor" or marriage value is admissible at the leave stage or is excluded as going to the basis of valuation
- 3 Whether the proposed appeal has a reasonable prospect of success under s.11AA(6) of the Lands Tribunal Ordinance or whether there is some other reason in the interests of justice to grant leave
Ratio Decidendi
The Tribunal refused leave: Paragraph 2 Schedule 2 confines reserve price to the lot's redevelopment potential 'on its own' and excludes marriage value/Clay Factor as a basis to set the statutory reserve price at the leave stage; Fully H K Investments is binding and the proposed appeal has no reasonable prospect of success nor any other reason in the interests of justice under s.11AA(6).
Court Disposition
Interlocutory application dismissed; leave to appeal refused
Orders
- Interlocutory Application dated 19 January 2018 dismissed and leave to appeal refused
- Costs awarded to the applicant: 2nd respondent to pay applicant's costs with certificate for counsel on High Court scale, to be taxed if not agreed
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