Wang Fuk Court buyback plan disappoints some residents despite ‘generous’ offer

South China Morning PostEN 1 min read 100% complete by Wynna Wong,Matthew Cheng,Harvey KongFebruary 21, 2026 at 03:59 PM

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Following a deadly fire at Wang Fuk Court in Tai Po, Hong Kong, the government announced a resettlement plan offering residents buyback options at HK$8,000-HK$10,500 per square foot or "flat-for-flat" exchanges in subsidized housing projects. The plan was revealed by Deputy Financial Secretary Michael Wong Wai-lun. However, some displaced residents expressed disappointment that the government ruled out redeveloping Wang Fuk Court, a process estimated to take 9-10 years. These residents, including a former resident surnamed Ho, preferred rebuilding the original site and felt their opinions were disregarded despite the offer being described as generous by surveyors. The fire last November killed 168 people and displaced approximately 5,000 residents.

Key Entities & Roles

Key Player Opposition Context

Ho 40% South China Morning Post 50% Housing Society 60% Housing Authority 60% Tai Po 70% Tai Po Blaze 80% Michael Wong Wai-lun 80% Wang Fuk Court ×290% Hong Kong 90%

Keywords

buyback plan 90% resettlement plan 80% tai po blaze 70% wang fuk court 70% flat-for-flat exchange 60% redevelopment 50% housing authority 50% homeowners 40%

Sentiment Analysis

Negative

Score: -0.30

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Source

South China Morning Post

Classification Confidence

90%

This article was automatically classified using rule-based analysis.

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buyback plan resettlement plan tai po blaze wang fuk court flat-for-flat exchange redevelopment housing authority homeowners

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