According to the government, 77.8 percent of homeowners of Wang Chi House have signed a “Letter of Acceptance” confirming their intention to sell their titles, exceeding the 75 threshold of the buyout that also covers the seven other damaged blocks.
“The feedback from Wang Chi House owners has been encouraging and positive, reflecting that the long-term housing arrangement plan offered by the government is attractive and can effectively assist owners in resolving the various uncertainties and complexities that they are facing,” a spokesman said in a statement.
The government said earlier three-quarters of Wang Chi House owners must indicate their interest to sell by June 30 for the offer to be binding.
As for the other seven blocks, 78.4 percent of homeowners had signed letters of acceptance as of Friday. “The acquisition work has been making good progress,” the government spokesman said.
Among the options for Wang Fuk Court owners after they sell their units is to buy a subsidised flat under a special scheme.
