27 Aug 1982
MASS TRANSIT RAILWAY CORPORATION AND OTHERS v. HSU AND SONS LTD
- Citation
- MASS TRANSIT RAILWAY CORPORATION AND OTHERS v. HSU AND SONS LTD
- Court
- Lands Tribunal
- Case number
- LDNT1/1982
The Tribunal held that under Section 119K it must determine and fix the fair market rent as at 1 July 1982 based on objective market evidence; it rejected reliance on the old rents or subjective tenant‑specific adjustments and applied comparables and expert evidence to fix monthly rents for Units 1 and 2 at HK$38,500 and Unit 5 at HK$35,500 (exclusive of rates and management charges).