24 Mar 2011
HO KIN PONG AND ANOTHER v. TAM KOK HUNG AND ANOTHER
- Citation
- HO KIN PONG AND ANOTHER v. TAM KOK HUNG AND ANOTHER
- Court
- District Court
- Case number
- DCCJ624/2010
The court rejected the Defendants' expert valuation for relying on inappropriate comparables (predominantly smaller two‑bed flats) and accepted the Plaintiffs' expert valuation based on suitable large three‑bed comparables and proper adjustments, finding on the balance of probabilities that the Plaintiffs suffered a loss of $330,000 plus wasted costs $22,177 with interest; judgment for Plaintiffs for $352,177 and costs to be paid by Defendants to be taxed with certificate for counsel.