15 Mar 2006
DISCREET LTD v. THE SECRETARY FOR THE ENVIRONMENT, TRANSPORT AND WORKS
- Citation
- DISCREET LTD v. THE SECRETARY FOR THE ENVIRONMENT, TRANSPORT AND WORKS
- Court
- Lands Tribunal
- Case number
- LDMR4/2005
Tribunal held compensation limited to losses caused by the temporary occupation as at the relevant dates: loss of rent assessed for the actual occupation period from 27 October 2001 to 6 July 2004 using an open market rent of HKD 262,000 p.a. discounted to present value (HKD 686,100); disturbance assessed by difference between Before and After open market values of the site at handover date (Before value HKD 107,645,120; After value HKD 101,339,810) giving HKD 6,305,310; additional agreed cost for outstanding section of Road R3 HKD 199,680; claims for earlier pre-creation loss and notional po…