1 Mar 2004
KAN LAI BING v. FINE CONNECTION LTD
- Citation
- KAN LAI BING v. FINE CONNECTION LTD
- Court
- Lands Tribunal
- Case number
- LDNT155/2003
The Tribunal held that averaging unit rents across comparables is not an appropriate substitute for market‑based adjustments informed by how landlords and tenants value differences; it rejected the respondent expert's unexplained weighting approach as duplicative, accepted certain adjustments (time by Rental Indices, traffic flow, privacy, limited size discount, condition and appliances where evidenced), rejected unjustified adjustments (renewal v newletting without comparative condition evidence, excessive view and floor level adjustments), adopted an adjusted average unit rate of HKD163.6/s…