Read the full judgment text of DCCJ 013395/2001 on BabelCite. This District Court judgment was delivered on 16 June 2003.
1. The Defendant purchased from a developer Flat C, 35th Floor, Block 1, Villa Esplanada, in Tsing Yi Island, New Territories (the property), under construction at the price of $4,843,100. A sale and purchase agreement dated 10 June 1997 was signed (the head agreement). Thereafter the Defendant sub-sold the property to the Plaintiff under a provisional agreement dated 19 August 1998 at the price of $3,000,000. Subsequently on 10 September 1998 the parties entered into a formal sub-sale agreement
Cites 1 case