Victims of a balcony which collapsed in North Point at the weekend are planning to sue for damages of almost $2 million. Relatives of the five injured people and residents said they planned to finalise compensation claims with lawyers today against the landlord of the building in Marble Road. They said they would also demand the Home Affairs Department take action on the 44-year-old building, which they say they are afraid to enter despite clearances from the Buildings Department. Several shopkeepers also want compensation, claiming business has dropped by 70 per cent since the incident. Shoppers fled when the overhanging balcony collapsed on Saturday. Four managed to get clear and escaped with minor injuries, but So Siu-lan, 66, was pinned under the rubble. She was in a stable condition in Eastern Hospital last night. Eastern District Board member Wong Kwok-hing said members would call on the Buildings Department to inspect the area. 'There are some 30 to 40 buildings in this North Point area which need inspection,' he said. Members would also ask the Home Affairs Department to organise assistance for affected families. Many are staying with relatives, although only the lower two floors of the four-storey building were cordoned off yesterday. But Mr Wong said the residents had no confidence in the Buildings Department's verbal assurances and wanted a written safety guarantee. One resident, Ho Chun-tung, said despite being told of structural problems three years ago, the landlord had taken no action. Another resident said: 'We were told the second floor was safe when it was inspected in 1995, but now it has collapsed. I will not live here anymore.' Buildings Department spokesman Mary Lai Fik-sai said an inspection by engineers on Saturday had shown the building remained structurally safe. 'It is thought the incident was caused by overloading as the balcony was used as a storage space,' she said. A more detailed inspection will be carried out today.