25 Aug 2000
Andor Hampala v. Nice Holdings Ltd.
- Citation
- Andor Hampala v. Nice Holdings Ltd.
- Court
- Lands Tribunal
- Case number
- LDNT73/2000
The Tribunal adopted the direct comparison method, preferred certain adjustments proposed by the applicant's valuer (notably time adjustments via Jones Lang LaSalle index, floor and size adjustments, and internal condition allowances), accepted the Rating & Valuation Department area for roof, treated the car parking as equivalent to a normal covered car park ($2,000/month), adopted an average adjusted unit rate of $166/sq.m applied to an equivalent area of 200.56 sq.m, deducted $363 for air‑conditioning allowance, fixed the prevailing market rent at $33,000 per month (exclusive of rates and m…