19 Nov 2018
CHAN SHIU CHONG v. DIRECTOR OF LANDS
- Citation
- [2018] HKLdT 89
- Court
- Lands Tribunal
- Case number
- LDLR1/2012
The Tribunal found the Applicants failed to prove on the balance of probabilities that the Subject Properties had redevelopment potential within a reasonably foreseeable timescale as at the resumption date; accordingly redevelopment value was excluded and market value was assessed on EUV by direct comparison, resulting in awards of $8,710,000, $8,080,000 and $10,070,000 to the respective applicants.