Read the full judgment text of LDNT 000097/2001 on BabelCite. This LDNT judgment.
2. On 16 th May 2001, the parties were not represented by lawyers and did not call for the evidence of any expert witness. The parties agreed that of all the 6 comparables shown in the Rating & Valuation Department’s schedule of comparable rents dated 3 rd May 2001, the best comparable was Flat A on 22/F and cps 36 (i.e Comparable 3 in Ms. Sat’s valuation report). After hearing the evidence and the submission by the parties, the Tribunal made a downward adjustment of 2.5% to reflect the genera