HILL CONCEPT LIMITED v YUEN YUN (羽潤) OR FORMERLY KNOWN AS YUEN TIN YUN (源天潤)

Read the full judgment text of DCCJ 4215/2023 on BabelCite. This District Court judgment was delivered on 26 November 2024.

1. The Plaintiff is the developer of a residential building known as “Central 8” located at No.8 Mosque Street in Hong Kong ( “the Building” ). Within the Building, the Defendant purchased a unit ( “the Property” ) at a consideration of HK$10,762,500 via a sale and purchase agreement dated 25 March 2022 ( “the Sale and Purchase Agreement” ). The most significant and outstanding payment instalment of HK$9,686,250 was due on 13 June 2023, namely the balance of the purchase price of the Unit ( “the

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