[2025] HKLdT 63, PRECISE LUCKY LTD V. KO KAI KWUN MIGUEL AND OTHERS - Application dismissed

Judges (2)

Counsel (10)

Ho Tse Wai & Partners Firm Howse Williams Firm K C Ho & Fong Firm Simon Reid-Kay & Associates Firm Wilkinson & Grist Firm Adrian But Counsel Respondent Harrison Miao Counsel Unknown Mok Yeuk-Chi Counsel Applicant Ross M Y Yuen Counsel Respondent respondent and Counsel Respondent

Parties (9)

Great Fund Investment Limited Respondent Hsbc Trustee (Hong Kong) Limited Respondent Ko Kai Kwun Migueland Wong Wing Wah Mary Respondent Lee William Respondent Lo Chung Shi Karenand Ho Gloria Chiu Han Respondent Precise Lucky Limited Applicant Walkerfield Limited Respondent Chung Siu Fan Rita Respondent Lo Shin Hing () Respondent

Summary

Precise Lucky Limited sought a compulsory sale order for a building under the Land (Compulsory Sale for Redevelopment) Ordinance, with multiple minority respondent owners. The case involved detailed analysis of the statutory threshold requirements, competing expert valuations, and the legislative purpose of the Ordinance. The court assessed the merits of the application and determined the appropriate reserve price.

Statutes Cited

Building Management Ordinance

s 4

Building Ordinance

s 24(1) s 24C(1)

Buildings Ordinance (Cap 123)

s 24 s 24(1) s 40

Conveyancing and Property Ordinance (Cap 219)

s 3(1) s 6(1)

Land Registration Ordinance (Cap 128)

s 3

Stamp Duty Ordinance (Cap 117)

s 15 s 4

Cases Cited (23)

UK (10)

[1903] AC 426 [1956] 1 QB 106 [1969] 2 AC 366 [2009] 1 WLR 1797 [2009] UKHL 44 [2013] EWCA Civ 492 [2015] 1 WLR 4817 [2016] 3 WLR 399 [2016] UKSC 42 [2017] UKSC 14

HK (13)

(2003) 6 HKCFAR 1 (2005) 8 HKCFAR 578 (2005) 8 HKCFAR 668 (2017) 20 HKCFAR 465 [2003] 2 HKLRD 399 [2004] 2 HKLRD 855 [2005] 4 HKLRD 363 [2005] 4 HKLRD 480 [2008] 4 HKC 421 [2016] 1 HKLRD 1 [2016] 2 HKLRD 901 [2023] 2 HKC 627 [2023] 2 HKLRD 1311