14 Oct 1988
PCM & ASSOCIATES LTD. v. TAI WAI YIN, HONARD
- Citation
- PCM & ASSOCIATES LTD. v. TAI WAI YIN, HONARD
- Court
- Lands Tribunal
- Case number
- LDLA2513/1988
The Tribunal held that the phrase 'but disregarding the effect of this Ordinance' does not exclude admissibility of comparables agreed after the relevant date; prevailing market rent is assessed as the rent a hypothetical landlord and tenant would agree at the valuation date with the premises vacant and to let, and therefore hindsight (subsequent comparable lettings) is admissible under the Bwllfa principle.
- Prevailing market rent
- Interpretation of 'but disregarding the effect of this ordinance'
- Admissibility of hindsight/comparables after valuation date
- Bwllfa principle
- Hypothetical landlord and tenant valuation