Wang Fuk Court Administrator to Refund HK$127 Million to Displaced Owners
- The government-appointed administrator of Wang Fuk Court in Hong Kong has announced that HK$127 million will be refunded to owners displaced by one of the city's deadliest fires...
- Hop On Management Company, the firm appointed to administer the estate, revealed that HK$180 million (US$22.9 million) has already been paid to parties involved in the estate's renovation...
- The renovation project for the estate had a total cost of HK$336 million.
The government-appointed administrator of Wang Fuk Court in Hong Kong has announced that HK$127 million will be refunded to owners displaced by one of the city’s deadliest fires in recent decades. The details were disclosed during a Zoom meeting on May 12, 2026, conducted for the residents of the Tai Po estate.
Hop On Management Company, the firm appointed to administer the estate, revealed that HK$180 million (US$22.9 million) has already been paid to parties involved in the estate’s renovation project. The remaining HK$127 million is set aside for refunds to the displaced owners, according to reporting by the South China Morning Post.
The renovation project for the estate had a total cost of HK$336 million. Records indicate that some owners had paid for these renovations in installments.
The disclosure followed significant pressure from the estate’s residents. In late April 2026, more than 240 owners, representing over 12 percent of the households at Wang Fuk Court, petitioned Hop On to convene an extraordinary general meeting within 45 days. The owners warned that they might pursue legal action if their request was ignored.
Hop On Management Company was appointed in January 2026 to represent the management committee of the Wang Fuk Court owners’ corporation. Since taking over, the company has completed the handover of 890,000 digital files from the estate’s previous property management firm, ISS EastPoint.
These digital records include the payment history of owners who contributed to the HK$336 million renovation project. The administrator stated that these documents are essential for calculating the specific refund amounts owed to each household.
Frankie Chan, the service director at Hop On, stated that the final calculation of how much each household is entitled to receive can only be determined after months of processing the transferred documents.
The meeting on May 12 was the first of two sessions arranged for residents. A second session is scheduled to take place on May 20, 2026.
