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Nearly all Wang Fuk Court owners accept buy-out, leaving 17 holdouts as offer ends

Global - Asia Archived August 31, 2026
Nearly all Wang Fuk Court owners accept buy-out, leaving 17 holdouts as offer ends
More than 99 per cent of homeowners at Hong Kong’s fire-ravaged Wang Fuk Court have accepted a government buy-out of their flats, leaving just 17 households facing potential compulsory acquisition after the scheme closed on Monday.
By the cut‑off time at 5pm on Monday, 1,967 or 99.1 per cent of the estate’s 1,984 flat owners had returned acceptance letters. The remaining 17 may face compulsory acquisition at lower compensation levels in the future.
Among those who accepted, 1,559, or 78.6 per...
Source: South China Morning Post | https://www.scmp.com/rss/91/feed - Read Original
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