TAI CHUNG PROPERTY LTD V. CHEN LAN SUM IRENE

[2025] HKLdT 40 Lands Tribunal 28 July 2025 • LDCS4000/2023 • 76 min read

5 cases cited (0 HK, 5 foreign)

Judges (1)

Counsel (6)

Foo & Li Firm Ma Tang & Co Firm Axis Yu Counsel Applicant C Y Li Counsel Applicant Eunice Lui Counsel Respondent Ross M Y Yuen Counsel Respondent

Parties (3)

Tai Chung Property Limited Applicant Chen Lan Sum Irene Respondent Ling Chi Tack Respondent

Summary

Tai Chung Property Limited sought a compulsory sale order for a building at 128 Un Chau Street, Sham Shui Po, where it held over 90% of undivided shares. The sole minority owner opposed, arguing the reserve price was inadequate and there was unreasonable delay. After a 4-day trial with competing expert valuations, the court granted the compulsory sale order, determining the appropriate reserve price.