96.5% of Wang Fuk Court homeowners agree to government buyback scheme

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As of June 2026, 96.5% of homeowners at the Wang Fuk Court in Hong Kong signed a government buyback offer following a fatal fire on November 26, 2025, that killed 168 people. Secretary for Housing Winnie Ho confirmed that 1,914 out of 1,984 owners agreed to the scheme, which offered either cash or a flat swap for new government-subsidised units. The government initiated this program after deciding not to rebuild the estate at its original site, with Deputy Financial Secretary Michael Wong indicating that the government may use legislative means to acquire any remaining unsold titles.

Consequences

Homeowners who opted for the flat swap are scheduled to begin selecting new units in September 2026, with priority given to those who responded to the offer by June 30. For the 70 undecided owners, the government's current stance suggests a potential mandatory acquisition of their properties should they fail to meet the upcoming Monday deadline.

Sources

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