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
- LDMR27/1999
Tribunal preferred the respondent expert's consistent valuation method, derived an average unadjusted base unit rate of $26,637 per sq.m., applied net adjustments totalling +9% producing $29,000 per sq.m. (rounded), valued balcony at 1/4 and roof at 1/8 of that rate, and adopted the pragmatic convention that garden ancillary value equals one‑tenth of the main house rate; consequently awarded the specified resumed‑lot values. Tribunal held that only certain moving/acquisition expenses were recoverable under s10(2)(e)(i) (legal fees, agency commission, removal costs and specified disbursements)…