Over 93% of Wang Fuk Court Owners Sign Government Acquisition Scheme Sale and Purchase Agreements

The government said on Friday that 1,850 owners at Wang Fuk Court in Tai Po had completed signing sale and purchase agreements, accounting for over 93 per cent, with the second phase of the acquisition scheme closing on Thursday. About 1,700 owners who had signed acceptance letters chose new units under the special sales scheme, and the government said 4,400 units had been reserved, with the first batch of about 35 households starting to select flats at the end of last month. Some owners were unable to sign in time due to bankruptcy or being overseas, and the authorities said they would handle cases individually.