6 Jul 2004
INA MUELLER v. HUNG FAT CHEUNG INVESTORS LTD
- Citation
- INA MUELLER v. HUNG FAT CHEUNG INVESTORS LTD
- Court
- Lands Tribunal
- Case number
- LDNT5/2004
The Tribunal accepted that the Respondent's redevelopment intention was credible but not sufficiently compelling to require the five applicants to vacate earlier than the ground-floor tenants; accordingly a limited shorter term was justified but the minimum term must run until 31 July 2005. Market rents for LDNT 8 and LDNT 10 were determined by adjusted comparables from the Rating & Valuation schedule yielding $14,000 and $10,000 per month respectively. Management fee disputes fall outside the Tribunal's jurisdiction and are to be resolved by owners/management processes.