Hong Kong authorities have formally issued buy-back offer letters to homeowners at the fire-ravaged Wang Fuk Court in Tai Po, giving them until 31 August to decide whether to accept a government buy-back offer under a long-term resettlement plan. The letters were sent to all homeowners on Thursday, including those who had previously said they…
Nearly 80 per cent of homeowners of the only block spared in the deadly Wang Fuk Court blaze in Hong Kong have expressed an initial willingness to sell their flats to the government, exceeding the three-quarters threshold set by authorities to extend a resettlement plan to them. Deputy Financial Secretary Michael Wong Wai-lun said on…
Hong Kong authorities will announce arrangements this month for residents displaced by the deadly Tai Po blaze to return to their fire-damaged flats and collect personal belongings by the end of April, the city’s leader has said. Chief Executive John Lee Ka‑chiu on Tuesday also said the government would fully cooperate with an independent committee…
The Hong Kong government is set to unveil a resettlement plan for owners who lost their homes in the deadly Wang Fuk Court fire in Tai Po as early as Saturday, offering buy-back options at higher-than-expected prices, the South China Morning Post has learned. Government sources said the acquisition prices for properties without land premiums…