N環球 
Hong Kong's Wang Fuk Court: 93.2% of owners sign sale agreements, 1,850 households
The Housing Bureau announced on Oct 16 that owners of 1,850 units in Blocks A–H of Tai Po's Wang Fuk Court signed sale agreements before the Oct 15 deadline — 93.2% of all units.
Why it matters
Wang Fuk Court is one of Hong Kong's most-watched old-building acquisition projects in recent years. With more than 93% of owners signing before the deadline, the acquisition enters its final stage, and the coming conveyancing and redevelopment will affect over a thousand households.
The announcement
The Housing Bureau announced on Oct 16 that the deadline for Wang Fuk Court owners in Tai Po to sign agreements for the sale of their units (Oct 15) had passed, with 1,850 households in Blocks A to H having signed — 93.2% of all units.
Reasons for not signing include probate cases, bankruptcy, title disputes, cases involving mentally incapacitated persons, and owners living overseas. The government said it will handle each case on its merits with a compassionate, reasonable and lawful approach.
Next steps
The government said it will press ahead at full speed with the conveyancing process to complete the title transfers.
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