30 Jan 1984
CHEUNG TAI HEE AND OTHERS v. DIRECTOR OF LANDS
- Citation
- CHEUNG TAI HEE AND OTHERS v. DIRECTOR OF LANDS
- Court
- Lands Tribunal
- Case number
- LDLR6/1983
Applicants entitled to compensation under the Ordinance for (a) the value of the extinguished leasehold interest (profit rent difference capitalised over the 3-year residue) and (b) full disturbance compensation without discount for a 3-year residue; profit rent assessed at $2,000 p.a. for Kwok Muk and $2,500 p.a. for Chow Kun-lo capitalised at 13% for 3 years producing $4,750 and $6,000 respectively; reasonable reconstruction unit rate fixed at $12 per sqm yielding disturbance awards of $54,000 (Kwok) and $63,000 (Chow) with $1,000 allowed each for loss of production; totals awarded $58,750…