7 Feb 2002
CHEN, JEFFERY HUI v. HUMPHREYS ESTATE (DOUGLAS) HOLDINGS LTD
- Citation
- CHEN, JEFFERY HUI v. HUMPHREYS ESTATE (DOUGLAS) HOLDINGS LTD
- Court
- Lands Tribunal
- Case number
- LDNT352/2001
Tribunal accepted the applicant expert's overall estimate but rejected any separate allowance for a monopoly element because higher rents were explained by serviced-apartment operation and the use of comparables from other towers adequately guarded against monopoly distortion; unit rate fixed at $439.5 per sqm (exclusive of rates) and rent fixed at $45,000 (exclusive of rates).