21 May 2004
DELIGHT WORLD LTD v. THE SECRETARY FOR TRANSPORT
- Citation
- DELIGHT WORLD LTD v. THE SECRETARY FOR TRANSPORT
- Court
- Lands Tribunal
- Case number
- LDMR2/2002
Tribunal held the Affected Lots were not building land under the leases and applied Melhado and related authority; valuation must assume permitted Melhado uses and the appropriate compensation is the higher market value between open storage and open car parking uses after reviewing and adjusting comparables; applying those assumptions and adjustments the Tribunal awarded compensation for the resumed land and severance totaling HKD 52,518,000.