Read the full judgment text of HCIA 000006/2003 on BabelCite. This HCIA judgment was delivered on 27 April 2004.
1. On 7 October 1996, the appellant by a provisional sale and purchase agreement purchased the subject property in this appeal at $26.6 million, known as House B7, Springfield Garden, 5-9 Shouson Hill Road West, Hong Kong (“Springfield B7”). On 9 February 1997, the appellant sold Springfield B7 by a provisional sale and purchase agreement for $37 million. The sale was completed on 9 May 1997.