Tycoon Chen Hongtian revealed this week that he was acquiring the 9,212 sq ft house at 15 Gough Hill Road. Photo: SCMP Pictures

Buyer of record HK$2.1b home in Hong Kong skirts stamp duty

Billionaire avoids HK$170m levy because what’s changing hands is firm that owns it, seller says

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Tycoon Chen Hongtian revealed this week that he was acquiring the 9,212 sq ft house at 15 Gough Hill Road. Photo: SCMP Pictures
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