Rebuilding fire-ravaged Wang Fuk Court ‘not practical’, Hong Kong officials say
Hong Kong authorities estimate that acquiring all homes in the fire-ravaged Wang Fuk Court will cost around HK$6 billion (US$770 million), with officials saying that rebuilding on the same site was “not really very practical”. Deputy Financial Secretary Michael Wong Wai-lun said on Saturday that the site was expected to be repurposed for community facilities…