18 Jan 2005
HACKWOOD SERVICE CO (HK) LTD v. WILHELMINA CHI YING WU
- Citation
- HACKWOOD SERVICE CO (HK) LTD v. WILHELMINA CHI YING WU
- Court
- Lands Tribunal
- Case number
- LDNT135/2004
The Tribunal determined the PMR by applying adjusted unit rates derived from seven comparables to the effective area (207.2 sq.m.) to reach a pre‑deduction PMR of $59,800 per month, then allowed deductions for the amortised monthly cost of necessary repairs ($7,645) and the monthly equivalent of 27 days' rent‑free ($2,212) because the lease's repairing covenant did not obligate the landlord to carry out structural repairs and a hypothetical well‑informed tenant would factor in the cost and disturbance of repairs amortised over the 24‑month renewal term; resulting PMR was rounded to $50,000 pe…