Grenville House on 1 Magazine Gap Road in Mid-Levels. The former chief executive had been renting the 3,335 sq ft unit on Magazine Gap Road for more than a decade. Photo: Winson Wong Grenville House on 1 Magazine Gap Road in Mid-Levels. The former chief executive had been renting the 3,335 sq ft unit on Magazine Gap Road for more than a decade. Photo: Winson Wong
Grenville House on 1 Magazine Gap Road in Mid-Levels. The former chief executive had been renting the 3,335 sq ft unit on Magazine Gap Road for more than a decade. Photo: Winson Wong

Tung Chee-hwa, ex-Hong Kong chief executive, becomes first-time homeowner at 84 with purchase of US$20.6 million luxury home

  • Tung paid a stamp duty of 4.25 per cent which indicates he was a first time homebuyer
  • Former chief executive comes from wealthy Hong Kong shipping family

Topic |   Hong Kong property
Grenville House on 1 Magazine Gap Road in Mid-Levels. The former chief executive had been renting the 3,335 sq ft unit on Magazine Gap Road for more than a decade. Photo: Winson Wong Grenville House on 1 Magazine Gap Road in Mid-Levels. The former chief executive had been renting the 3,335 sq ft unit on Magazine Gap Road for more than a decade. Photo: Winson Wong
Grenville House on 1 Magazine Gap Road in Mid-Levels. The former chief executive had been renting the 3,335 sq ft unit on Magazine Gap Road for more than a decade. Photo: Winson Wong
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