Wang Fuk Court Special Sale Scheme Offers 10 Projects as Prices and Brochures Released
SingTao · 2 SOURCESabout 3 hours ago2 MIN
Summary
The Housing Authority has unveiled pricing and brochures for 10 subsidized housing projects available to Wang Fuk Court owners under the Special Sale Scheme, with unit prices spanning from HK$1.51 million to HK$5.37 million. Housing Secretary Winnie Ho confirmed that more than 90% of Wang Fuk Court owners have submitted their acceptance letters for the government's acquisition proposal, with balloting expected to begin next month. The scheme covers eight Housing Authority projects and two Housing Society developments across multiple districts. The second batch deadline is July 31, 2025.
Key Points
- The 10 projects include 8 under the Housing Authority and 2 under the Housing Society, spanning urban and New Territories locations
- Cheapest option is Yue Fung Court in Tung Chung at HK$1,512,800; most expensive is The Grand Marine in Kwun Tong at HK$5,369,000
- Over 90% of the 1,984 Wang Fuk Court owners have submitted acceptance letters, with the second batch deadline set for July 31
- Units of 400 sq ft or larger account for over 60% of the approximately 2,800 available units across all projects
- Balloting and unit selection for the first batch of signatories will commence next month, with computer-randomized sequencing
Why It Matters
The Special Sale Scheme represents a significant government commitment to providing relocation options for Wang Fuk Court owners affected by the acquisition, with the release of detailed pricing enabling informed decision-making. The high submission rate of acceptance letters indicates strong owner support for the arrangement, while the variety of locations and price points across 10 projects accommodates diverse household needs and preferences .
The Special Sale Scheme represents a significant government commitment to providing relocation options for Wang Fuk Court owners affected by the acquisition, with the release of detailed pricing enabling informed decision-making. The high submission rate of acceptance letters indicates strong owner support for the arrangement, while the variety of locations and price points across 10 projects accommodates diverse household needs and preferences .