{"id":122002,"date":"2021-09-14T20:50:13","date_gmt":"2021-09-14T13:50:13","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tung-chee-hwa-ex-hong-kong-chief-executive-becomes-first-time-homeowner-at-84-with-purchase-of-us20-6-million-luxury-home\/"},"modified":"2021-09-14T22:04:34","modified_gmt":"2021-09-14T15:04:34","slug":"tung-chee-hwa-ex-hong-kong-chief-executive-becomes-first-time-homeowner-at-84-with-purchase-of-us20-6-million-luxury-home","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tung-chee-hwa-ex-hong-kong-chief-executive-becomes-first-time-homeowner-at-84-with-purchase-of-us20-6-million-luxury-home\/","title":{"rendered":"Tung Chee-hwa, ex-Hong Kong chief executive, becomes first-time homeowner at 84 with purchase of US$20.6 million luxury home"},"content":{"rendered":"<p>&#013;<br \/>\nTung Chee-hwa, Hong Kong\u2019s first postcolonial chief executive from 1997 to 2005, bought a luxury home at Grenville House in Hong Kong\u2019s posh Mid-Levels district for HK$160 million (US$20.6 million) last month, according to Land Registry records.Tung bought the unit in his own name, paying a stamp duty of 4.25 per cent, or HK$6.8 million, which indicates that the former chief executive was a first time homebuyer.\u201cTung bought the C2 unit of Grenville House in August this year. The government had\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3148753\/tung-chee-hwa-ex-hong-kong-chief-executive-becomes-first-time-homeowner-84?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Tung Chee-hwa, ex-Hong Kong chief executive, becomes first-time homeowner at 84 with purchase of US.6 million luxury home<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Tung Chee-hwa, Hong Kong\u2019s first postcolonial chief executive from 1997 to 2005, bought a luxury&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-122002","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vJM","jetpack-related-posts":[{"id":120702,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/consortium-of-wing-tai-properties-brother-of-former-hong-kong-chief-executive-tung-chee-hwa-and-macau-casino-operator-francis-lui-buys-office-building-in-london-for-us356-million\/","url_meta":{"origin":122002,"position":0},"title":"Consortium of Wing Tai Properties, brother of former Hong Kong chief executive Tung Chee-hwa and Macau casino operator Francis Lui buys office building in London for US$356 million","date":"February 28, 2021","format":false,"excerpt":"\r A consortium formed by Wing Tai Properties, the brother of former Hong Kong Chief Executive Tung Chee-hwa and Macau casino operator Francis Lui Yiu-tung has agreed to buy an office building in London for an estimated \u00a3255 million (US$356.8 million).All the office space in the 11-storey building at 66\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66052,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wang-jianlin-meets-hong-kongs-ex-chief-executive-tung-quashing-talk-hes-barred-from-travelling\/","url_meta":{"origin":122002,"position":1},"title":"Wang Jianlin meets Hong Kong\u2019s ex-chief executive Tung, quashing talk he\u2019s barred from travelling","date":"September 11, 2017","format":false,"excerpt":"\r Wang Jianlin, the property-to-entertainment founder of Dalian Wanda Group, travelled to Hong Kong last week to meet the city\u2019s former chief executive Tung Chee-hwa, making a journey that quashed rumours circulating on China\u2019s social media that the magnate had been barred from leaving the mainland. Wang was photographed withTung,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117364,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-rare-999-year-leasehold-in-worlds-costliest-city-makes-us-government-one-of-hong-kongs-biggest-foreign-real-estate-owners\/","url_meta":{"origin":122002,"position":2},"title":"A rare 999-year leasehold in world\u2019s costliest city makes US government one of Hong Kong\u2019s biggest foreign real estate owners","date":"June 26, 2020","format":false,"excerpt":"\r In April 1999, less than two years after Hong Kong returned to Chinese sovereignty, an unusual real estate deal was signed between the city\u2019s administration under then Chief Executive Tung Chee-hwa and the US government.The contract extended the 75-year leasehold land at 26 Garden Road in Central \u2013 provided\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":156464,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/person-connected-to-hsbc-banker-buys-luxury-property-for-us15-9-million\/","url_meta":{"origin":122002,"position":3},"title":"Person connected to HSBC banker buys luxury property for US$15.9 million","date":"June 26, 2025","format":false,"excerpt":"\r A person connected to veteran HSBC banker Peter Wong Tung-shun bought a luxury unit in Hong Kong\u2019s Southern district for HK$125 million (US$15.9 million), as sentiment in the city\u2019s property market improves gradually. Two connected units with a total area of 4,616 sq ft were sold for HK$27,080 per\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-makes-first-step-in-rescue-of-distressed-hong-kong-developer-goldin-as-hostile-creditors-seize-assets\/","url_meta":{"origin":122002,"position":4},"title":"Li Ka-shing\u2019s CK Asset makes first step in rescue of distressed Hong Kong developer Goldin as hostile creditors seize assets","date":"July 23, 2020","format":false,"excerpt":"\r Hong Kong\u2019s most-famous billionaire Li Ka-shing has sent a top lieutenant to help rescue a cash-strapped developer in the first major blow-up and restructuring to unfold from the city\u2019s property market slump.Goldin Financial Holdings, the troubled developer with HK$18.5 billion of liabilities, named Gerald Ma Lai-chee as vice-chairman and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30505,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unit-at-39-conduit-road-luxury-project-in-hong-kong-offered-for-22pc-less\/","url_meta":{"origin":122002,"position":5},"title":"Unit at 39 Conduit Road luxury project in Hong Kong offered for 22pc less","date":"October 18, 2016","format":false,"excerpt":"\r A distressed unit at Hong Kong\u2019s 39 Conduit Road luxury development on the Mid-Levels will be offered for auction at HK$30 million, or 22.22 per cent, less than the price it was sold for in 2014. The 2,355 square foot unit on the 39th floor will be auctioned with\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122002"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=122002"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122002\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}