Read the full judgment text of HCMP 3153/2014 on BabelCite. This High Court CFI judgment was delivered on 16 January 2015.
1. The plaintiff as vendor and the defendant as purchaser entered into a sale and purchase agreement [“the Agreement”] for a shop unit in Smiling Plaza at Castle Peak Road. The defendant failed to complete and the deposit was forfeited. The plaintiff had re-sold the property and the re-sale price was substantially below that under the Agreement. The plaintiff sought to recover damages from the defendant in DCCJ 3816 of 2013. The defendant relied on a clause in the Agreement [“clause 19”] and adv
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