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90% sign up for Wang Fuk Court buy-back amid concerns over rushed decisions

About 90 per cent of homeowners at the fire-ravaged Wang Fuk Court estate in Hong Kong have returned signed letters accepting the government’s buy-back offer, but some residents have raised concerns about being rushed into decisions linked to priority flat selection. The Deputy Financial Secretary’s Office said on Frid

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90% sign up for Wang Fuk Court buy-back amid concerns over rushed decisions

About 90 per cent of homeowners at the fire-ravaged Wang Fuk Court estate in Hong Kong have returned signed letters accepting the government’s buy-back offer, but some residents have raised concerns about being rushed into decisions linked to priority flat selection.
The Deputy Financial Secretary’s Office said on Friday that as of July 16, a total of 1,786 owners, or about 90 per cent, had submitted acceptance letters. Of these, 769 had already signed sale and purchase agreements with the...

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