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…