Read the full judgment text of LDCS 12000/2014 on BabelCite. This LDCS judgment was delivered on 6 May 2016.
1. This hearing raises important issues of whether the Lands Tribunal can direct sales of adjoining lots, which are subjects of different applications under the Land (Compulsory Sale for Redevelopment) Ordinance, Cap 545 (“LCSRO”) by the same or similar groups of majority owners against their will as a merged site; and whether in so doing, the reserve price of the auction should be set taking into consideration of the redevelopment potential (normally referred to as the redevelopment value “RDV”
Cites 4 cases