Hong Kong Government Proposes Wanchai House Buyout
A conditional proposal requires at least 75% of homeowners in Wangchi House to sign a letter of acceptance by the end of June. The flats involved were not damaged by the recent fire. Mr. Wang stated the government is not attempting to force homeowners to accept the offer. Deputy Financial Secretary Wong Wai-lun stated that owners show high consensus regarding the government's long-term housing plan. Among those contacted, 77% initially expressed interest in participating in the plan to sell their property rights to the government. Approximately 77% of homeowners in the Wang Qi House residential block have expressed initial support for selling their homes to the government. Residents are seeking a fair buyout as part of an administration plan to potentially expand existing buyout programs at the estate.
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Sources · 7 independent
“the proposal is conditional and by the end of June, at least 75% of homeowners in Wangchi House, which was not damaged by the fire, must sign a letter of acceptance”
“Deputy Financial Secretary Wong Wai-lun stated that owners show high consensus for joining the long-term housing plan. The Housing Bureau explained that the task force has contacted 99% of Wong Chi House owners, with 77% initially expressing interest in selling their property rights to the government.”
“當中77%初步表示 希望參與政府提出的長遠居住方案 將業權賣給政府... 房屋局解說專隊已經接觸99%黃志國業主”
“財政司副司長王偉倫表示 業主對加入長遠居住案牌初步顯示高度共識 房屋局解說專隊已經接觸99%黃志國業主 當中77%初步表示 希望參與政府提出的長遠居住方案 將業權賣給政府”
“About 77% of home owners in the block expressed initial support for the sale of their homes to the government, as part of the administration's plan to potentially expand their buyout plan”
“Wanchai House was originally left out of the buyout plan put forward for the rest of the Tyco estate, which was ravaged by the deadly fire. To be binding, 75% of the block's owners must sign up by the end of June.”
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