WNA Globe

World News by Wild Rose

#government buy-back ร—

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

About 90 per cent of flat owners at the fire-damaged Wang Fuk Court have returned signed letters accepting the governmentโ€™s buy-back offer, but some residents have raised concerns about rushed decisions tied to priority selection. The Deputy Financial Secretaryโ€™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 government, accounting for 43 per cent of...