‘Fresh start’: Hong Kong urged to fast-track buy-back of fire-hit Wang Fuk Court

Dec 15, 2025 | INVESTING

The Hong Kong Institute of Surveyors has called on the government to introduce dedicated legislation and a new statutory body to fast-track the buy-back of Wang Fuk Court flats after the deadly fire, clearing the way for residents’ resettlement.
Former president of the institute Chiu Kam-kuen, now chairman of its Housing Policy Panel, estimated that the total cost of repurchasing the flats would range from around HK$5 billion to HK$7 billion (US$642 million to US$899 million), depending on the…

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