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Redevelopment Proposal for Fire-Displaced Residents Offers HK$6.4 Billion Surplus

4/8/2026

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Story summary
  • A redevelopment proposal for Wang Fuk Court has been submitted to the Hong Kong government on behalf of more than 400 fire-displaced residents.
  • The proposal claims a potential surplus of HK$6.4 billion (US$816.7 million) from a partial redevelopment.
  • The proposal was sent to key government officials, including Hong Kong Chief Executive John Lee.
  • The residents say the proposal is a parallel option, not a replacement for the current rehousing plan.
  • They note that 427 residents prefer returning home over compensation or rehousing and urge the government to consider rebuilding three to four new blocks on the original site.