Hong Kong authorities will remove resale restrictions on replacement homes for victims of the Tai Po fire. Displaced owners can also receive vouchers for second-hand subsidized housing, offering more flexibility in the buy-back plan.

The Hong Kong government will lift resale restrictions on replacement homes for flat owners displaced by the Tai Po fire and provide them with two-year vouchers to purchase second-hand subsidised housing, according to an official buy-back document seen by the South China Morning Post on Tuesday. The document states that original owners who opt for the special sales scheme will have greater flexibility, as they will be allowed to sell their newly built subsidised units on the secondary market at....