---
title: "Huang Weilun: If the residents of Hongzhi Pavilion reach a consensus, they can allocate future public housing for \"house swapping.\""
description: "The Deputy Secretary for Financial Services and the Treasury, Huang Weilun, stated that if the residents of Hongzhi Pavilion reach a consensus, the government will consider expanding the scope of acqu"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/276568464.md"
published_at: "2026-02-23T06:04:35.000Z"
---

# Huang Weilun: If the residents of Hongzhi Pavilion reach a consensus, they can allocate future public housing for "house swapping."

> The Deputy Secretary for Financial Services and the Treasury, Huang Weilun, stated that if the residents of Hongzhi Pavilion reach a consensus, the government will consider expanding the scope of acquisition to include Hongzhi Pavilion. Affected homeowners can choose cash compensation or the "flat-for-flat" option in future home ownership schemes. The Secretary for Housing, He Yongxian, emphasized that the quality of "flat-for-flat" units is guaranteed and offers a variety of choices

The government previously proposed to acquire seven buildings in Hongfu Garden, while Hongzhi Pavilion was not included in the plan. Financial Secretary's Deputy Secretary Wong Wai-lun stated today (23rd) that if a clear consensus is reached among more than half of the residents of Hongzhi Pavilion, the authorities will consider expanding the scope of the acquisition.

He explained during a radio program that affected owners can choose cash compensation, which is consistent with the current plan. If they choose "flat-for-flat" but have missed the current selection period, the authorities will draw units from future Home Ownership Scheme projects for residents to choose from.

Secretary for Housing Ho Wing-hin emphasized in the same program that the quality of "flat-for-flat" units is guaranteed and that diverse options will be provided

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.