Hong Kong Case Law: Decisions & Judgments

Topic

Reserved price

Legal area

Court

21 Oct 2025

NIC SANG FINANCE COMPANY LTD v. MAN WING FAI AND ANOTHER

Citation

[2025] HKDC 1705
Court

District Court
Case number

DCMP74/2025

Because the plaintiff, a licensed moneylender, proved the loan, the registered mortgage and the borrower's default and complied with Order 83A and Order 88 and the defendants were duly served and did not contest, the court granted a money judgment for the outstanding principal and interest, an order for possession and an order for sale under the Partition Ordinance with the reserved price fixed at HK$3,000,000 and awarded costs to the plaintiff against the 1st defendant.
13 Oct 2022

EGO FINANCE LTD v. CHOW CHUI LIN ALIN AND ANOTHER

Citation

[2022] HKDC 1111
Court

District Court
Case number

DCMP4626/2021

The plaintiff proved entitlement to recover the outstanding loan and interest and demonstrated the mortgage conferred a right to possession on default; physical partition of the flat was impracticable and no evidence opposed sale, therefore the court properly ordered possession and sale (with reserved price) and awarded costs to the plaintiff against the 1st defendant.
1 Sept 2022

EGO FINANCE LTD v. LOAK KAM CHUEN AND ANOTHER

Citation

[2022] HKDC 932
Court

District Court
Case number

DCMP638/2022

Because the plaintiff, a licensed moneylender, proved a valid loan secured by a registered second mortgage and the 1st defendant defaulted, and because procedural requirements under Order 83A and Order 88 were met and physical partition was impracticable, the court granted money judgment, possession and an order for sale at the accepted reserved price; costs were awarded to the plaintiff.
11 Aug 2022

KONEW CAPITAL INTERNATIONAL LTD v. LEE CHI SANG AND ANOTHER

Citation

[2022] HKDC 841
Court

District Court
Case number

DCMP4703/2021

Because the 1st defendant defaulted and the plaintiff, a licensed moneylender, complied with Orders 83A and 88 and relied on enforceable mortgage and second mortgage provisions, and because the property is not practicably divisible and the co-owner did not oppose, the court granted judgment for the outstanding principal and interest, ordered possession and sale under the Partition Ordinance with a reserved price of HK$5,200,000 and assessed costs of HK$80,000 against the 1st defendant.
3 Aug 2022

KONEW CAPITAL INTERNATIONAL LTD v. CHAN CHI WING AND ANOTHER

Citation

[2022] HKDC 771
Court

District Court
Case number

DCMP3524/2021

The borrower defaulted and the lender had complied with the procedural and contractual requirements for enforcement (Order 83A, Order 88 and mortgage clauses), the property could not be practicably partitioned, and there was no substantive opposition; accordingly the court granted money judgment, possession and an order for sale with a reserved price and awarded costs to the plaintiff.
21 Feb 2007

THE LEIGHTON PARK TRUST v. HUYNH FAI

Citation

THE LEIGHTON PARK TRUST v. HUYNH FAI
Court

District Court
Case number

DCMP1610/2006

The application for leave to appeal was dismissed because the defendant's grounds were either irrelevant or amounted to a collateral attack on an existing summary judgment which the court declined to re‑open, and because the challenged reserve price was adopted from an expert valuation without any compelling evidence that it was manifestly unreasonable.

Hong Kong Case Law

NIC SANG FINANCE COMPANY LTD v. MAN WING FAI AND ANOTHER

EGO FINANCE LTD v. CHOW CHUI LIN ALIN AND ANOTHER

EGO FINANCE LTD v. LOAK KAM CHUEN AND ANOTHER

KONEW CAPITAL INTERNATIONAL LTD v. LEE CHI SANG AND ANOTHER

KONEW CAPITAL INTERNATIONAL LTD v. CHAN CHI WING AND ANOTHER

THE LEIGHTON PARK TRUST v. HUYNH FAI