21 Jan 1986
THE HONGKONG CANTON EXPORT CO LTD v. COMMISSIONER OF RATING & VALUATION
- Citation
- THE HONGKONG CANTON EXPORT CO LTD v. COMMISSIONER OF RATING & VALUATION
- Court
- Lands Tribunal
- Case number
- LDRA222/1984
Tribunal set upper floors at $35/m2 and ground floor at $45/m2 based on comparables adjusted for inferior parking; held ancillary areas (loading bay, caretaker's quarters, roof) are generally inherent in floor rents and not separately valued for multiple letting; a 10% reduction for single‑tenant occupation was appropriate on the facts; resulting rateable value determined at $800,000 per annum.