22 Feb 2001
Leung Kee Investment Co. Ltd. v. Secretary for Transport
- Citation
- Leung Kee Investment Co. Ltd. v. Secretary for Transport
- Court
- Lands Tribunal
- Case number
- LDMR26/1999
Tribunal held that the respondent's valuation methodology and choice of comparables was more reliable; applied an overall adjustment of +9% to the averaged unadjusted unit rate to fix a rounded main unit rate of $29,000 per sq.m. and adopted garden valuation as one tenth of house value (unit rate $2,900 per sq.m.); awarded specified compensation sums for each resumed lot and allowed only limited specified moving/acquisition expenses under s10(2)(e)(i), dismissing the remainder; purchases and expenditures made before adequate causal awareness were not compensable under s10(2)(e)(i).