Section 13: Principles applicable to determine fair rent

13. Principles applicable to determine fair rent The Tribunal shall, for the purpose of determining the fair rent of any premises, take into account all the circumstances of the case, including— (a) their location; (b) the age, quality, character and type of the premises; (c) their state of repair; (d) any improvement made to the premises at the expense of the tenant with the landlord’s consent; (e) a reasonable return to the landlord on the value of the premises; and (f) the market rent of similar premises in the neighbourhood.