Read the full judgment text of LDLR 000011/2006 on BabelCite. This Lands Tribunal judgment was delivered on 20 December 2007.
1. This is an application for compensation under the Land Resumption Ordinance. The Applicant’s entitlement to compensation is no longer in issue. The main dispute is over the assessment of the open market value of the subject property. It is not in dispute that the direct comparison method should be used. The valuation experts differ on the choice of comparables, adjustments to be adopted for the comparables.