Hong Kong Government Confident in Wang Chi House Buy-Back Offer

Government ‘confident’ that 75% of Wang Chi House owners will take buy-back offer

The Hong Kong government is confident that at least three-quarters of homeowners of Wang Chi House – the only block unscathed in the Wang Fuk Court fire – will accept its buy-back package by the end of June. Speaking on Saturday, Deputy Financial Secretary Michael Wong Wai-lun said few owners were likely to change their minds about the government’s offer for the 248 flats, which were initially excluded from the resettlement plan. Wang Chi House was the only one of the estate’s eight towers th...

By Ambrose Li