Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Leasehold interest
  • 30 Jan 1984

    CHEUNG TAI HEE AND OTHERS v. DIRECTOR OF LANDS

    Citation
    CHEUNG TAI HEE AND OTHERS v. DIRECTOR OF LANDS
    Court
    Lands Tribunal
    Case number
    LDLR3/1983

    Tribunal held applicants were entitled to compensation under s.10(2)(a) for the value of their extinguished leasehold interests and under s.10(2)(d) for disturbance; found unexpired residue of leases to be three years; determined profit rent differentials of $2,000 p.a. (Kwok Muk) and $2,500 p.a. (Chow Kun-lo) discounted at 13% producing leasehold values of $4,750 and $6,000 respectively; determined reasonable disturbance replacement cost at $12 per square metre giving disturbance awards of $54,000 and $63,000 plus $1,000 each for loss of production; awarded totals of $58,750 to Kwok Muk and…