, Hong Kong
185 views
Photo from Envato Elements

Over 85% of Wang Fuk Court owners accept government buyout

Owners who submitted their acceptance letters by 30 June secured priority in the first round of flat selection.

More than 85% of owners at Wang Fuk Court’s eight buildings have confirmed their intention to sell their properties to the Hong Kong government.

As of the morning of 30 June, 85.6% of owners had submitted signed Letters of Acceptance. This included 1,481 owners in Blocks A to G, equivalent to 85.3% of flats in the seven buildings.

Another 217 owners from Wang Chi House, or Block H, submitted acceptance letters, representing 87.5% of units in the building.

The Housing Bureau said owners who returned their signed letters by 30 June would receive first-batch flat-selection priority under the Special Sales Exercise.

Letters could be submitted by post, courier or hand delivery, through designated drop-off points or via Engagement Team members. For postal submissions, the postmark date would be treated as the submission date.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

DBS names Ng SIer Han as next CEO of DBS Hong Kong
Lim Chu Chong will take over as DBS Taiwan's CEO, and Adrian Chai will become president director of DBS Indonesia.
Hong Kong opens Kuala Lumpur office
The office is Hong Kong’s 15th overseas ETO and fourth in ASEAN.
Economy