Challenges ahead for Wang Fuk Court homeowners who reject buy-back offer

Homeowners of the only block undamaged in the deadly Wang Fuk Court inferno who decline the government’s buy-back offer will face significant challenges in the management and maintenance of their properties in the long run, Hong Kong authorities have warned. Deputy Financial Secretary Michael Wong Wai-lun said on Wednesday that while the government respected homeowners’ decisions, the possibility for authorities to invoke legislation to acquire all property titles in Wang Chi House “absolutel...

By Oscar Liu