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Over 85% of the 1,984 flat owners at the Wang Fuk Court estate have signed agreements to sell their units to the Hong Kong government as authorities advance with the selection of flats under a special rehousing scheme. As of Monday, 1,702 households across blocks A to H had submitted sale and purchase agreements. On the same day, the Housing Bureau conducted computerised draws to determine the sequence for subsidies for the new flats.

The results were used to generate an order of applicants based on the last two digits of their application numbers. The buy-back scheme, announced after a devastating fire killed 168 people and displaced 5,000 residents in November, compensates owners with HK$8,000 or HK$10,500 per square foot, depending on whether they have paid a land premium.

Owners can either use the compensation to buy a flat on the private market or participate in a special sales exercise for subsidised housing. Those who agreed to sell by June 30 have priority in the selection process. The bureau will notify eligible applicants in batches and invite them to selection sessions. Over 4,400 flats are set aside for these owners across ten development projects in various locations.

Six residents who spoke to the South China Morning Post expressed reluctance to sell, asserting that no financial compensation could replace their homes and sense of community.