Thousands of residents of Hong Kong’s rainbow-coloured Choi Hung Estate will begin moving out of their homes in 2028 to make way for its redevelopment, the city’s housing authorities have said. The project is expected to be completed in 2049 and will provide 9,200 flats in three phases over a period of 15 years. The phased clearance and resettlement plan for the redevelopment of the decades-old public housing estate that is currently home to some 17,500 Hongkongers was laid out in a document submitted to the Wong Tai Sin District Council on Wednesday. The plan will provide a net increase of 1,…