19 Oct 2001
MRS. VERONICA BOURKE v. MAXWELL INDUSTRIAL BUILDING MANAGEMENT CO. LTD.
- Citation
- MRS. VERONICA BOURKE v. MAXWELL INDUSTRIAL BUILDING MANAGEMENT CO. LTD.
- Court
- Lands Tribunal
- Case number
- LDNT345/2000
The Tribunal selected Comparable CA2 as the best internal comparable, applied the JL Index for time adjustment, allowed a 3% uplift to reflect difference between one‑year and two‑year lettings, made no view adjustment between CA2 and the subject, neutralised the HK$30,000 repair/incentive item against observed repainting/defects, added HK$500 for a covered car park, and determined the prevailing market rent as HK$43,200 per month exclusive of rates and management fees, granting a new two‑year tenancy from 1 November 2000.