Over 85 percent of homeowners in the fire-ravaged Wang Fuk Court have accepted the government’s buyback offer, which will allow them to receive cash or an apartment exchange for a new subsidized unit.
Bureau of Housing said as of Tuesday morning, it had received a total of 1,698 “acceptance letters” from Wang Fuk Court homeowners, accounting for about 85.6 percent of the apartments in the eight Tai Po estate buildings.
A total of 1,481 letters came from homeowners in the seven buildings affected by the fire, representing about 85.3 percent of the total number of dwellings, while 217 letters were from Wang Chi House, representing about 87.5 percent of the units in the only block that were not affected by the November fire.
Tuesday is the deadline for owners who wish to secure priority in flat selection in the first batch of the Special Sales Exercise.
Homeowners can still opt for the buyback offer later, although those who have done so by Tuesday will have priority when choosing their homes under the scheme.
of the government sent letters to Wang Fuk Court homeowners last month, asking if they would accept the offer.
The purchase scheme was first announced in Februarywith the return price set at HK$8,000 or HK$10,500 per square foot, depending on whether the homeowner has paid the land premiums.
A total of 4443 flats will be built available for selection in 10 apartments. Two of the properties are in Tai Po, while the rest are in other districts, including Kowloon Bay, Kai Tak and Tseung Kwan O.
On November 26, 2025, a fire engulfed seven residential towers at Wang Fuk Court in Tai Po, killing 168 people and displacing thousands. An independent committee chaired by Judge David Lok was set up to investigate what caused the fire.
