The acquisition price for properties damaged in Hong Kong’s deadly Tai Po fire will be “far lower” if homeowners reject the government’s buy-back offer and authorities are forced to use legislation to acquire the remaining properties, a senior official has said. Deputy Financial Secretary Michael Wong Wai-lun on Sunday dismissed claims that the government was…
Some homeowners displaced by the deadly Tai Po blaze were disappointed by Hong Kong authorities’ decision to buy back their flats instead of resettling them at the original site, even as the acquisition offer was described by surveyors as “generous”. Deputy Financial Secretary Michael Wong Wai-lun unveiled the long-term resettlement plan on Saturday, offering options…
Hong Kong authorities will spend about HK$6.8 billion (US$870 million) to buy back homes damaged in the deadly Tai Po fire from flat owners, offering HK$8,000 to HK$10,500 per square foot as part of a long-term resettlement plan involving HK$4 billion in public funds. Deputy financial secretary Michael Wong Wai-lun unveiled the plan on Saturday,…
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…
We are ready to head into the Year of the Horse. But, before we do, let’s take stock of what the Year of the Snake brought Hong Kong. Some say the Year of the Snake is all about change and not meant to be comfortable. For Hong Kong, the past year has been a difficult…
Hong Kong’s anti-graft watchdog has arrested 22 people on suspicion of corruption linked to seven building renovation projects worth more than HK$200 million (US$25.6 million). The suspects – 17 men and five women, aged 36 to 78 – included directors and employees of four project consultancy firms and three contractors, as well as some of…
A Chinese University of Hong Kong (CUHK) student who was arrested for sedition after launching a petition calling for an independent committee to investigate the Tai Po fire has said he has been expelled from the institution. “I was just expelled by CUHK,” Miles Kwan Ching-fung wrote on social media at midnight on Friday, ending…
Government social workers supporting survivors of Hong Kong’s deadly Tai Po fire are struggling to manage their “indefinite” duties, with poor communication about new initiatives compounding the stress of their already heavy caseloads. Several social workers, including a union leader, told the South China Morning Post that they needed clarity from authorities on their roles…
Hong Kong’s police chief has said that national security remains a priority despite the city’s overall stabilising social situation, citing absconders and foreign forces among lingering threats. Commissioner of Police Joe Chow Yat-ming said on Wednesday the force would continue to ramp up intelligence gathering and enhance national security education among officers and the public,…
A significant portion of flat owners at the fire-ravaged Tai Po estate are inclined to sell their properties to the government as part of a long-term rehousing plan, Hong Kong’s leader has said. Chief Executive John Lee Ka-chiu on Tuesday also pointed out several key challenges in resettling thousands of residents displaced by the inferno…