Read the full judgment text of HCA 004038/2002 on BabelCite. This High Court CFI judgment was delivered on 19 November 2004.
1. On 30 August 2000, the plaintiff purchased a unit of flat known as Flat D, 36/F, Tower 9, Park Avenue No.18 Hoi Ting Road, Kowloon (“the Property”) during thedevelopment of the Property from the MTR Corporation Limited and thus became the equitable owner thereof. The purchase price was agreed at $4.452 million. The plaintiff obtained a loan by way of mortgage from American Express Bank for $1.2 million. According to the plaintiff, the balance of the purchase price was paid by her, partly f
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