Challenges ahead for Wang Fuk Court homeowners who reject buy-back offer

    Challenges ahead for Wang Fuk Court homeowners who reject buy-back offer

    Homeowners of the only block undamaged in the deadly Wang Fuk Court inferno who decline the government’s buy-back offer will face significant challenges in the management and maintenance of their properties in the long run, Hong Kong authorities have warned. Deputy Financial Secretary Michael Wong Wai-lun said on Wednesday that while the government respected homeowners’…

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    Affected residents of Wang Fuk Court at the temporary shelter of Tung Cheong Street Sports Centre. Photo: Elson Li

      1,760 households get HK$10,000 cash handout after deadly Hong Kong fire

      More than 1,700 households affected by Hong Kong’s deadliest fire in decades have received an emergency cash handout of HK$10,000 (US$1,284), an official has confirmed, as the city works to ease mortgage burdens on impacted homeowners. Authorities earlier announced a series of relief funds for residents affected by last Wednesday’s massive Wang Fuk Court inferno,…

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