A proposal has been submitted to the Hong Kong government by fire-displaced residents outlining a partial redevelopment of Wang Fuk Court. The group claims this project could generate a substantial surplus exceeding HK$6.4 billion.

A redevelopment proposal representing the interests of more than 400 fire-displaced residents has been submitted to the Hong Kong government, claiming that a partial redevelopment of Wang Fuk Court could generate a HK6.4 billion (US$816.7 million) surplus. The 47-page proposal, alongside two letters, was sent to the Chief Executive John Lee Ka-chiu, Deputy Chief Secretary Warner Cheuk Wing-hing, Deputy Financial Secretary Michael Wong Wai-lun, housing minister Winnie Ho Wing-yin, and home...