23 Jan 2019
CHUNG SZE HONG v. DIRECTOR OF LANDS
- Citation
- [2019] HKLdT 6
- Court
- Lands Tribunal
- Case number
- LDLR6/2016
The Tribunal found applicants failed to prove vehicular access as at the resumption date and the Block Government Lease covenant operated to preclude attributing development value; section 12(c) LRO applied to exclude value of any expectancy of obtaining building licences or lease modification (including Small House licences); accordingly the best use of the Lots was open storage with pedestrian access only and compensation was assessed by reference to comparable open storage sales (average adjusted unit rate $354.2/sq m) yielding total awards set out, which the Respondent was ordered to pay.