31 Oct 1985
LEUNG WAI KEE v. COMMISSIONER OF RATING & VALUATION
- Citation
- LEUNG WAI KEE v. COMMISSIONER OF RATING & VALUATION
- Court
- Lands Tribunal
- Case number
- LDRA165/1984
The Tribunal preferred direct comparison with market rents negotiated inclusive of rates, made a judgmental adjustment for superior/detrimental attributes (front v rear, bottle dealer, light and air), fixed the 5th floor at $1,800 inclusive (equating to $1,700 exclusive after allowing $100 for rates), accepted and rounded the rooftop value to $800 per month, resulting in a combined monthly exclusive rent of $2,500 and a rateable value of $30,000; insufficient evidence justified larger deductions and the comparables supported the adjustment made.