On the afternoon of the 21st, the Hong Kong Special Administrative Region government held a press conference to announce the long-term residential arrangement plan for Hung Fuk Court in Tai Po, proposing to acquire the property rights through cash or "building for building" exchange. The Deputy Financial Secretary of the Special Administrative Region Government, Wong Wai lun, stated that the government will propose to acquire the ownership of 1736 units in the seven affected buildings in Blocks A-G of Hung Fu Court. The seven affected buildings in Hongfu Garden will be demolished, and the government will not rebuild residential buildings on the original site. The plan is to renovate parks or community facilities. The Secretary for Housing of the Special Administrative Region Government, Ho Wing yin, stated that if the owner chooses to "exchange the building for the building", they will be issued a "replacement voucher" with a value equivalent to the original property value of Hong Fuk Court. The government will launch a "special sales plan" covering 3900 residential units, in which homeowners can purchase units with coupons. If a smaller unit is selected, the balance will be refunded in cash; If you choose a unit with a larger area, you need to make up for the price difference yourself. It is reported that based on preliminary intention data collected from previous questionnaires, 74% of the 1975 households in Hongfu Garden who have submitted opinions stated that they would "consider accepting" the government's acquisition of property rights plan. (New Society)