Overview
- Deputy Financial Secretary Michael Wong said reconstructing the Tai Po estate on its original site is not really practical and indicated the land is expected to be used for community facilities.
- Officials estimate acquiring all affected homes would cost about HK$6 billion, with on-site redevelopment taking nine to 10 years and the earliest move-in projected for 2035.
- Alternative locations such as Chung Nga Road West are being promoted, with the government saying some options could be ready for occupation by 2029.
- The formal survey outlines nine rehousing paths for flat owners, including subsidised flats outside Tai Po, flat-for-flat exchanges, and cash buyouts.
- Social workers are actively polling residents through late January, as mental health experts warn that prolonged housing uncertainty is hampering trauma recovery for survivors.