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Highail Co Ltd & Chung Po Chuen v Director of Lands
HK Lands Tribunal, 15-Apr-2014
In a URA compulsory purchase, the tribunal rules in favour of separate owners of neighbouring lots, at 213-215 Yee Kuk Street, that the development potential of combining the lots must be included in the buyout price. Neither of them would be a willing seller if their lots were valued on a stand-alone basis.
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