{"id":36820,"date":"2026-02-21T17:01:00","date_gmt":"2026-02-21T09:01:00","guid":{"rendered":"https:\/\/multimetro.hk\/plus\/2026\/02\/21\/hong-kong-plans-to-buy-homes-devastated-in-deadly-high-rise-fire\/"},"modified":"2026-02-21T17:01:00","modified_gmt":"2026-02-21T09:01:00","slug":"hong-kong-plans-to-buy-homes-devastated-in-deadly-high-rise-fire","status":"publish","type":"post","link":"https:\/\/multimetro.hk\/plus\/2026\/02\/21\/hong-kong-plans-to-buy-homes-devastated-in-deadly-high-rise-fire\/","title":{"rendered":"Hong Kong plans to buy homes devastated in deadly high-rise fire"},"content":{"rendered":"<p>Hong Kong proposes to spend about HK$4 billion ($512 million) to buy out the owners of homes in a high-rise housing complex ravaged by a massive fire that killed more than 160 in November, authorities said on Saturday.<br \/>The prices offered will be HK$8,000 per sq. ft. without a land premium payment, and HK$10,500 per sq. ft for those receiving such a payment, officials in the Asian financial hub told a media briefing.<br \/>&#8220;We believe the proposed price is sufficient for the affected residents to relocate and secure long-term housing,&#8221; said Wong Wai-lun, Hong Kong&#8217;s deputy financial secretary.<br \/>The government also offered an apartment exchange programme for the 4,600 affected tenants, \u200cwho lived in nearly 2,000 housing units at the complex, Wang Fuk Court.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong proposes to spend about HK$4 billion ($512 million) to buy out the owners of homes in a high-rise housing complex ravaged by a massive fire that killed more than 160 in November, authorities said on Saturday.The prices offered will be HK$8,000 per sq. ft. without a land premium payment, and HK$10,500 per sq. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-36820","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hong Kong plans to buy homes devastated in deadly high-rise fire - Metro Plus<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/multimetro.hk\/plus\/2026\/02\/21\/hong-kong-plans-to-buy-homes-devastated-in-deadly-high-rise-fire\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hong Kong plans to buy homes devastated in deadly high-rise fire - Metro Plus\" \/>\n<meta property=\"og:description\" content=\"Hong Kong proposes to spend about HK$4 billion ($512 million) to buy out the owners of homes in a high-rise housing complex ravaged by a massive fire that killed more than 160 in November, authorities said on Saturday.The prices offered will be HK$8,000 per sq. ft. without a land premium payment, and HK$10,500 per sq. 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