local · HK01

90.4% of Hung Fuk Yuen Owners Sign Purchase Agreements Ahead of Oct 15 Deadline

about 3 hours ago2 MIN
90.4% of Hung Fuk Yuen Owners Sign Purchase Agreements Ahead of Oct 15 Deadline

Summary

The Housing Bureau confirmed on October 2 that 90.4% of Hung Fuk Yuen owners have completed signing Sale and Purchase Agreements with the government as of September 30. The deadline for remaining owners to sign is October 15. The Bureaus dedicated Explanation Team remains actively deployed at the sales centre, providing end-to-end support including property viewings, contract signing, and unit selection assistance.

Key Points

  • As of September 30, 90.4% of Hung Fuk Yuen owners have signed Sale and Purchase Agreements with the government
  • The signing deadline for remaining owners is October 15, after which the acquisition process will be finalized
  • Approximately 1,700 households are participating in the Special Sales Arrangement covering Blocks A through H
  • The Explanation Team accompanies owners throughout the entire process: viewings, information sessions, show flat visits, and contract signing
  • A case study was shared of Mr. Lais family, who received step-by-step guidance and successfully selected their new home with the teams support

Why It Matters

This near-complete participation rate underscores the effectiveness of the Bureaus outreach strategy and the governments commitment to a smooth transition for affected residents. With the October 15 deadline approaching, the continued presence of support staff ensures that even owners who have not yet signed can receive personalized assistance to secure their long-term housing arrangements.
This near-complete participation rate underscores the effectiveness of the Bureaus outreach strategy and the governments commitment to a smooth transition for affected residents. With the October 15 deadline approaching, the continued presence of support staff ensures that even owners who have not yet signed can receive personalized assistance to secure their long-term housing arrangements.

READ IT IN THE APP

Download on the App Store