Challenges ahead for Wang Fuk Court homeowners who reject buy-back offer

“Homeowners of the only block undamaged in the deadly Wang Fuk Court inferno who decline the government’s buy-back offer will face significant challenges in the management and maintenance of their properties in the long run, Hong Kong authorities have warned. Deputy Financial Secretary Michael Wong Wai-lun said on Wednesday that while the government respected homeowners’ decisions, the possibility for authorities to invoke legislation to acquire all property titles in Wang Chi House “absolutely...

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