13 Feb 2001
LAURENCE STEVENS AND ANOTHER v. CHOW WAI LAN
- Citation
- LAURENCE STEVENS AND ANOTHER v. CHOW WAI LAN
- Court
- Lands Tribunal
- Case number
- LDNT435/2000
The Tribunal selected four reliable comparables (Nos.2,3,4,6), adjusted for parking where shown, calculated an average unit rate of $187.17 per sq.m., multiplied that rate by the subject flat's saleable area of 116.8 sq.m. to obtain $21,861 which was rounded to $21,850 per month; on that basis a new two‑year tenancy from 6 January 2001 at $21,850 inclusive of rates and management charges was ordered, with deposit increased pro rata.