Deputy Financial Secretary Michael Wong Wai-lun announced that 74% of responding Wang Fuk Court owners are open to government acquisition of their flats, with strong demand for speed and subsidized housing support.
At a government press conference today, Wong revealed preliminary views from 1,975 affected Wang Fuk Court owners on long-term rehousing options.
Over 80 percent prioritized speed, while 47 percent favored on-site rehousing, and 47 percent wanted arrangements covering all owners.
Of the respondents, 74 percent, or 1,458 households, would consider a government buyback of their ownership; 14 percent were undecided, and 12 percent rejected it outright.
Among the 1,458 open to buyback, 41 percent accepted cash or flat-for-flat, 39 percent accepted flat-for-flat only, and 20 percent accepted cash only.
Eighty-one percent of those 1,458 households said they need government-subsidized housing for long-term residence.
