Read the full judgment text of HCA 009883/1997 on BabelCite. This High Court CFI judgment was delivered on 11 August 1998.
1. On 12 June 1997, the defendant as vendor and the plaintiff as purchaser entered into an agreement of sale of a property described as House No. 85 10th Street, Hong Lok Yuen. The purchase price was $28,140,000 payable by an initial deposit of $50,000, a further deposit of $2,314,000 "Upon signing of the Formal Agreement for Sale and Purchase on or before" 23 June 1997, and the balance upon completion on or before 12 September 1997 at the vendor's solicitors. Upon completion, the vendor was bou
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