15 Apr 2014
HIGHAIL COMPANY LTD AND OTHERS v. DIRECTOR OF LANDS
- Citation
- HIGHAIL COMPANY LTD AND OTHERS v. DIRECTOR OF LANDS
- Court
- Lands Tribunal
- Case number
- LDLR5/2009
On the balance of probabilities as at the date of resumption (23 February 2008) redevelopment of Nos 213 and 215 as a single amalgamated site was likely; therefore compensation must reflect the development value and is to be assessed on a joint‑site basis by the residual valuation method using the Tribunal‑determined parameter values, yielding an award of HK$50,785,000.