26 Jan 2006
YAU WAI KEUNG AND OTHERS v. YAU KAR SIU AND OTHERS
- Citation
- YAU WAI KEUNG AND OTHERS v. YAU KAR SIU AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA7129/1997
On the evidence the court found Pink 1 was not within the V‑zone, the 0.04 acre house lot/building right was located in the yellow/green portions and therefore was annexed to the plaintiffs' allotment; the court adopted a mixed valuation approach using the plaintiffs' higher sale comparables adjusted by published compensation rates for time and using certain elements (building costs, developer's assumptions) from the defendants' expert, producing specific per‑square‑foot rates and resulting in an equalization payment of HKD 1,376,641 from the plaintiffs to the 3rd defendant; costs of assessme…