Read the full judgment text of HCA 013543/1998 on BabelCite. This High Court CFI judgment was delivered on 12 February 1999.
1. By a written agreement made between the Plaintiff and the Defendant dated 3rd November 1997, the Plaintiff agreed to sell and the Defendant agreed to purchase Flat F, 17th Floor, Block 17 of City One Shatin, New Territories, Hong Kong ("the property") at the price of HK$3,500,000. An initial deposit in the sum of $100,000 was paid prior to, and a further deposit in the sum of $250,000 was paid upon the signing of, the said agreement by the Defendant to the Plaintiff