Approximately 90% of homeowners at the fire-damaged Wang Fuk Court estate in Hong Kong have accepted the government's buy-back offer. While the deadline for acceptance is August 31, some residents are concerned about the speed of the decision-making process, particularly regarding priority flat selection. The government plans to spend approximately HK$6.8 billion to acquire the affected flats, including those in the undamaged Wang Chi House. AI
RANK_REASON Government intervention and buy-back of a residential estate following a major disaster. [lever_c_demoted from significant: ic=1 ai=0.0]
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