Key facts
- Residents displaced by the Tai Po fire are choosing new flats.
- A HK$7.8 billion government plan is in place to buy back flats at Wang Fuk Court.
- Some residents are requesting stamp duty waivers.
Residents who lost their homes in Hong Kong's deadly Tai Po fire began selecting their replacement flats on Tuesday. The selection process is part of a HK$7.8 billion (US$994 million) government plan to buy back flats at the eight-block subsidised housing estate, Wang Fuk Court, following the blaze last November. Participants in the scheme have the option to use their cash compensation to purchase a flat on the private open market. Some residents have called on authorities to introduce stamp duty waivers to help ease their financial burden during this process.