Hong Kong authorities took market rates into account before setting a two-year annual subsidy of HK$150,000 (US$19,278) for flat owners displaced by the Tai Po fire, the city’s home affairs minister has said, amid calls for the government to monitor whether the new measure will further drive up rents in the area. Under the new…
Flat owners displaced by Hong Kong’s deadliest fire in seven decades will receive an annual subsidy of HK$150,000 (US$19,280) each for two years to rent homes in the private market, under the latest government relief measure worth HK$1.2 billion. Deputy Chief Secretary Warner Cheuk Wing‑hing also said on Thursday that both flat owners and tenants…
Residents of the only tower left untouched by the deadly blaze that destroyed seven others at Wang Fuk Court in Hong Kong’s Tai Po neighbourhood will be given 90 minutes on Wednesday and Thursday to collect their belongings. Civil servants will be on hand to help move their possessions, authorities have said. Amy Lam Man-han,…