Hong Kong Residents Given October Deadline for Wang Fuk Court Buyback
Owners of the spared block at Hong Kong's Wang Fuk Court have until October 15 to finalize a government buyback offer. A majority must agree by the end of next month, facing frustration over unclear details.
Owners at Wang Chi House, the only block spared in Hong Kongβs fire-ravaged Wang Fuk Court, have until October 15 to finalise the sale of homes under a government buyback scheme β provided more than 75 per cent of them indicate their intention to sell by the end of next month. However, the tight timeline has sparked widespread frustration among residents, who complain they are being pressured to make a decision without crucial details regarding insurance coverage and future maintenance...