22 Feb 2001
Jan G W Blaaum v. Maxwell Industrial Building Management Co. Ltd.
- Citation
- Jan G W Blaaum v. Maxwell Industrial Building Management Co. Ltd.
- Court
- Lands Tribunal
- Case number
- LDNT123/2000
Tribunal determined PMR at $41,750 per month by using actual transacted rents from the same development, converting to unit rates per sq.m., making adjustments for view, time and car parking, averaging adjusted unit rates and applying the average to the subject area, and rounding; it rejected reliance on asking rents and valuations based on excessive assumptions.