Hong Kong authorities estimate that acquiring all homes in the fire-ravaged Wang Fuk Court will cost around HK$6 billion (US$770 million), with officials saying that rebuilding on the same site was “not really very practical”.
Deputy Financial Secretary Michael Wong Wai-lun said on Saturday that the site was expected to be repurposed for community facilities rather than housing, citing overseas examples where sites of similar tragedies were rarely redeveloped for residential use. He stressed…
Rebuilding fire-ravaged Wang Fuk Court ‘not practical’, Hong Kong officials say
