Wang Fuk Court acquisition progresses as 99.3% owners accept government buyout offer
HK01 · 9 SOURCESabout 1 hour ago5 MIN
Summary
The Housing Bureau confirmed on September 3 that 99.3% of Wang Fuk Court owners across all eight blocks had signed acceptance letters for the government's acquisition offer, with 188 households in Wang Chi House, Block H, representing 75.8% of that block, signing sale and purchase agreements as of September 2. The government has formally confirmed it will continue property rights acquisition and proceed with signing assignments with owners in stages. Human interest stories from September 4-5 reveal the emotional toll on residents, with some describing the current situation as limbo and criticising the appointed management company for lacking clear relocation timetables.
Key Points
- As of September 2, 188 households in Wang Chi House, Block H of Wang Fuk Court in Tai Po, had signed sale and purchase agreements, accounting for approximately 75.8% of the block's 248 units .
- The deadline for owners to accept the government acquisition offer expired on August 31. Including late submissions postmarked by that date, 1,971 out of 1,984 households across Blocks A to H signed and returned acceptance letters, representing 99.3% .
- The government had signed sale and purchase agreements with 1,595 households across the estate's eight blocks as of September 2, equating to approximately 80.4% of total units .
- Residents voiced frustration at a September 2 owners' meeting, with some criticising the appointed management company Ho On (合安) for providing vague responses on relocation arrangements and passing responsibility between the company and government .
- Individual stories highlight the human cost: one resident's five-year-old son has been drawing fire-related pictures since the blaze, while a 61-year-old retiree who had just finished paying her mortgage remains determined not to sell, describing her situation as having fallen from paradise to hell .