93.2% of Hung Fuk Estate Owners Sign Sale Agreements Before Deadline
HK01 · 6 SOURCES1 day ago1 MIN
Summary
The deadline for owners of Tai Po Hung Fuk Estate to sign purchase agreements expired on October 15, with 1,850 households across eight blocks successfully signing, representing 93.2% of the total units. The Housing Bureau indicated that 134 households did not sign due to special circumstances, including probate proceedings, bankruptcy, property disputes, mentally incapacitated persons, or owners currently abroad.
Key Points
- Deadline for signing Hung Fuk Estate purchase agreements expired on October 15, 2026
- A total of 1,850 households across eight blocks (A to H) signed the agreements, representing 93.2% of the 1,984 total units
- 134 households did not sign by the deadline, with reasons including probate, bankruptcy, property disputes, mentally incapacitated persons, or overseas residency
- The Housing Bureau stated it will handle remaining cases with compassion, rationality, and legal compliance, prioritizing compassion
- The government will continue expediting contract transfer procedures to complete the property title transfers
Why It Matters
This high signing rate demonstrates broad owner acceptance of the government's acquisition offer following the fire incident at Hung Fuk Estate. The remaining 134 unresolved cases, while relatively small in number, may involve complex legal and family matters that require careful handling to ensure fair outcomes for vulnerable owners .
This high signing rate demonstrates broad owner acceptance of the government's acquisition offer following the fire incident at Hung Fuk Estate. The remaining 134 unresolved cases, while relatively small in number, may involve complex legal and family matters that require careful handling to ensure fair outcomes for vulnerable owners .