Over 85% of Wang Fuk Court homeowners accept gov’t buyback offer before flat selection deadline

Over 85 per cent of homeowners at the fire-ravaged Wang Fuk Court have accepted the government’s buyback offer, which will allow them to receive cash or a flat swap for a new subsidised unit. A kite near Wang Fuk Court on January 30, 2026. Photo: Kyle Lam/HKFP. The Housing Bureau said that as of Tuesday morning, it had received a total of 1,698 “letters of acceptance” from Wang Fuk Court homeowners, accounting for around 85.6 per cent of the flats across the Tai Po estate’s eight buildings. A total of 1,481 letters came from homeowners in the seven fire-hit buildings, representing about 85.3 per cent of the total number of flats, while 217 letters were from Wang Chi House, representing about 87.5 per cent of the units in the sole block not affected by the November fire. Tuesday is the deadline for owners who wish to secure flat selection priority in the first batch of the Special Sales Exercise. Homeowners can still opt for the buyback offer later, although those who have done so by Tuesday will have priority when selecting their flats under the scheme. The government sent letters to Wang Fuk Court homeowners last month, asking if they would accept the offer. The acquisition scheme was first announced in February , with the buyback price set at HK$8,000 or HK$10,500 per square foot, depending on whether the homeowner has paid land premiums. A kite near Wang Fuk Court on January 30, 2026. Photo: Kyle Lam/HKFP. A total of 4,443 flats will be made available for selection across 10 housing estates. Two of the estates are in Tai Po, while the rest are in other districts, including Kowloon Bay, Kai Tak and Tseung Kwan O. On November 26, 2025, a blaze engulfed seven residential towers at Wang Fuk Court in Tai Po, killing 168 people and displacing thousands. An independent committee chaired by Justice David Lok was set up to examine what caused the fire.