1 Dec 1995
LEE Wai Chun v. Director of Lands
- Citation
- LEE Wai Chun v. Director of Lands
- Court
- Lands Tribunal
- Case number
- LDLR17/1995
Tribunal adopted unit rates established in CLR No.13/94 for Wang Cheung Street, applied a 2% upward adjustment for the lane abutment to reach $47,212 per sq.m, capitalised the short term rent loss and discounted the reversion at 9% to calculate open market value, resulting in an award of $1,900,000 plus costs.