Read the full judgment text of LDLR 000011/2007 on BabelCite. This Lands Tribunal judgment was delivered on 29 June 2009.
1. This is an application for compensation under the Lands Resumption Ordinance, Cap. 124. The Applicant is the former registered owner of the property known as Ground Floor, No. 13 Ivy Street, Kowloon (“the Property”). Before the trial, the Applicant’s entitlement to compensation is no longer in issue. The main dispute remains to be the assessment of the open market value (“OMV”) of the Property at the relevant valuation date of 24 May 2006 (“relevant date”).