Case Document

LDCS 16000/2014

IN THE LANDS TRIBUNAL OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

LAND COMPULSORY SALE MAIN APPLICATION

NO. LDCS 16000 OF 2014

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BETWEEN	GAINFIELD INVESTMENT LIMITED (旺發投資有限公司)	1^st Applicant
	SUCCESS SHEEN LIMITED (成輝有限公司)	2^nd Applicant
	HARVEST VIEW LIMITED (盈景有限公司)	3^rd Applicant
	and
	LEGEND TIME LIMITED (亨利達有限公司)	1^st Respondent
	YEUNG YEUK CHUEN (楊若全), the Executor of the Will of CHAN YUET SEE (陳悅施), deceased	2^nd Respondent
	WONG YAU TIN (黃有鈿)	3^rd Respondent
	LINK EMPIRE COMPANY LIMITED (領霸有限公司)	4^th Respondent (Discontinued)
	CHI WAI WONG (王子威) also known as WONG TZE WAI (王子威) also known as WONG CHI WAI KENNETH and YUEN FUN WONG (王婉芬) also known as YUEN FUN WONG LIU, the Administrators of the Estate of HIM WONG (王謙), deceased	5^th Respondent (Discontinued)
	LAM YI LAI (林依麗), CHAU CHUN LUNG (周竣隆), CHAU KAI LUNG (周棨隆) and ALL occupiers of 4^th Floor, No 2B Tak Shing Street, Kowloon	6^th Respondent

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Before:

Deputy Judge Tracy CHAN, Presiding Officer of theLands Tribunal and Mr Lawrence PANG, Member of the Lands Tribunal

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CORRIGENDUM

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1.On page 50, paragraph 141, the EUV of Garages 2A & 2B should be “$58,940,000” and the total EUV should be “$532,210,000”;

2.On page 51, paragraph 142, the pro rata of Total EUV of R1, R2, R3 and R6 should be 1.6685%, 1.9165%, 1.7286% and 2.2679% respectively;

3.On page 75, paragraph 210, the amount $944,000,000 should be $941,000,000.

4.On page 76, paragraph 210, $113,500/sq m should be $113,140/sq m.

5.On page 78, paragraph 217, the RDV as determined by the Tribunal at Appendix 3 should be $941,000,000;

Apportioned RDV attributable to R1 should be:

$8,880,000/$532,210,000 x $941,000,000 = $15,700,720

(which is higher than the latest offer by 4.07%)

Apportioned RDV attributable to R2 should be:

$10,200,000/$532,210,000 x $941,000,000 = $18,034,610

(which is higher than the latest offer by 7.46%)

Apportioned RDV attributable to R3:

$9,200,000/$532,210,000 x $941,000,000 = $16,266,511

(which is lower than the latest offer by 2.51%)

6.On page 90, paragraph 252, sub-paragraph (3), the reserve price should be $941,000,000;

7.Appendix 1, the amount of Garages should be “$58,940,000” and the Total EUV should be “$532,210,000”;

8.Appendix 3 be amended as Bold and Italic as follow:-

	KONG Wai-man Cathy
	Clerk to Member Lawrence PANG

Cites 1 case

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Other Judgments in This Case

Further hearings and rulings under LDCS 16000/2014