31 Jul 2023
EVER GREAT DEVELOPMENT LTD v. CHAN WOON CHAM AND ANOTHER
- Citation
- [2023] HKLdT 50
- Court
- Lands Tribunal
- Case number
- LDCS6000/2020
The tribunal held that an application under s3(2)(b) may validly include lots already wholly owned by the applicant where buildings are connected by a common front staircase and averaging of ownership across the connected lots meets the statutory threshold; on the facts the applicant was entitled to continue the application for the 5th and 6th Lots; the tribunal determined EUV of all units ($424,842,000 HKD as at 26 March 2020), found redevelopment justified by age and state of repair, found applicant took reasonable steps to acquire remaining shares, and set the RDV/reserve price for the mer…