8 Aug 2001
Secretary for Transport v. Poon Chi Man and Another
- Citation
- Secretary for Transport v. Poon Chi Man and Another
- Court
- Lands Tribunal
- Case number
- LDMR42/2000
Tribunal adopted the direct comparison method using comparables transacted in the second half of 1999, rejected certain older/outlying comparables, included Lucida comparables, applied summation method of adjustments and adopted a unit rate of HK$6,030 per sq.m yielding an open market value of HK$465,516 for the Property and ordered total compensation of HK$508,000 (rounded).