Question: In January 2024 General Bay Development bought a plot in Tseung Kwan O to build a 10-building private housing estate called The General Australis. The

In January 2024 General Bay Development bought a plot in Tseung Kwan O to build a 10-building private housing estate called The General Australis. The terms require that the General Australis have sports facilities, and the plan approved by the BA includes four tennis courts.

Questions:

What documents is GB likely to have entered into at the time it bought the plot? What interest did it hold?

Assume it is January 2025. GB has built all the buildings and complied with every condition except the sports facility condition. Can GB start selling the units before the tennis courts are completed?

In February 2025 Johnny Chan bought flat 10B, Block 4, General Australis. What interest did he hold in the flat?

Assume GB will have completed the tennis courts by 15 June 2025. If it finishes the tennis courts on schedule, what will be the effect on Johnny's ownership of Flat 10B?

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