Read the full judgment text of HCMP 002874/1998 on BabelCite. This High Court CFI judgment was delivered on 6 January 1999.
1. This is a vendor and purchaser dispute. It arises out of the sale of a property called Rosary Villas in Shatin, and there was an agreement on 10 December 1997 whereby the defendants who were the vendors were selling this flat on the 2nd floor for $9.2 million. Completion was going to take place in the middle of 1998. There have been a large number of cases brought to the Court recently because of the falling property market where people strive to get out of their bargains. I have no doubt tha