I want to be a giant of Hong Kong Island

Chapter 517 [The whole city is full of Wu's properties 1]

On a weekend before the Lunar New Year, Wu Guangyao enthusiastically greeted a group of real estate executives to enjoy Hong Kong Island together;
It is said to appreciate Hong Kong Island, but in fact it is to check the real estate on Hong Kong Island. Everyone understands this!

At this time, Wu Guangyao had already determined the real estate path of the Wu family;

In the future, the Wu family will own four real estate groups on Hong Kong Island, namely Cheung Kong Properties, Cheung Kong Properties, Wharf Group, and Hutchison Whampoa;
Among them, Cheung Kong Enterprises and Hutchison Whampoa guarantee their listing status and do not make preparations for privatization. This can be regarded as practicing their own style of behavior - if you have money, get together!

Cheung Kong Real Estate and Wharf Group chose not to go public, and Wharf, which has already been listed, will be privatized and delisted when the stock market crash comes.

In addition to these four real estate groups, Milk Company, Qingzhou Cement, and Hong Kong Tramways own a large amount of land, all of which will be sold to Cheung Kong Real Estate and Wharf Group, which will be classified as private land as a strategic reserve.

In the previous life, there was such a saying: Landmark dominates Central, Wharf dominates Tsim Sha Tsui, Hysan (Profit) separates Causeway Bay, and Xinhe dominates Tsim Sha Tsui.

Landmark is dominating in Central. Currently, Landmark does own many top-notch properties in Central, but the Wu family is not weak either;

Except in the heart of Central, where there are 4 fewer buildings, the Wu family has more in other places in Central;
So at this time, 'Landmark dominates Central' will be changed to 'Two Tigers dominate Central'.

Wharf dominates Tsim Sha Tsui, Wu Guangyao said that this statement is true in past and present lives;

But in this life, the owner of Wharf has been replaced by the Wu family;

Moreover, the Wu family is more dominant;
New World Center, Yangtze River Center, Galaxy Center (next to the Peninsula Hotel, Kowloon Land King), Star Building, these properties are the best properties in Tsim Sha, and they are all owned by the Wu family.

Hysan segregated Causeway Bay, saying that Hong Kong Lijia owns a large area of ​​land and properties in Causeway Bay, and is the leader of Causeway Bay;
However, this statement may have to be changed again;
The Wu family owns 90 square feet of land for the Hong Kong Tramway General Factory in Causeway Bay (former Times Square);

Owns a total of more than 130 million square feet of land for the milk company's dairy factory and ice factory in Causeway Bay (the Excelsior Hotel, Convention Center, World Trade Center, Duke of Windsor Building, and some high-end residences in the previous life);

In addition to the property in Causeway Bay owned by the Wu family itself, the Wu family has to carry the burden of Causeway Bay!

Xinhe dominates East Tsim Sha Tsui, which is the east of Tsim Sha Tsui (from Wing On Center to Nanyang Center in the previous life), and Xinhe is Xinhe Real Estate, founded by Singaporean businessmen Huang Tingfang and Huang Zhixiang;

Tsim Sha Tsui to Hung Hom East Tsim Sha Tsui is slowly reclaimed by the Hong Kong government;
At this time, except for the Yangtze River Central Commercial Complex in the west, the rest of the land is still in the hands of the Hong Kong government;

Then the so-called Xinhe dominates Tsim Sha Tsui East, first of all you have to ask the Wu family whether they agree!
As far as Wu Guangyao knows, these lands will be released in the mid-70s;
At that time, it will be good for Xinhe Real Estate to be able to drink soup;
In the previous life, the reason why Xinhe Real Estate was able to bid for so many lands happened to be the real estate downturn under the oil crisis at that time, so Xinhe Real Estate bid for these lands at a high price, and some people even made fun of Huang and his son.

In the previous life, in the mid-70s, the Hong Kong government auctioned off 160 million square feet of Tsim Sha Tsui East land, almost half of which were sold by Xinhe Real Estate;

In this life, Wu Guangyao doesn't want much, the land near the sea is left, and anyone else wants it!

Wu Guangyao and a group of real estate executives first came to Qingzhou Yingni Heyuan Street General Factory located in the northeast of Hung Hom;

The land has 90 square feet and is very close to Kai Tak Airport, but all of it is industrial land;

At this time, Wu Guangyao already owned 48% of the shares of Qingzhou Yingni, and was short of the last step of privatization;
But Wu Guangyao did not intend to privatize Qingzhou Yingni, but just sold the land to himself during the real estate downturn;
In his previous life, Superman Li did just that!

Moreover, Wu Guangyao does not plan to change the use of this land, but directly builds a large number of industrial buildings and a small number of commercial buildings;
This is done for two reasons:
First, the cost of changing the nature of this land is absolutely high. After all, it is an industrial land to a commercial or residential land.

Second, Wu Guangyao's large-scale development of industry also requires a large number of factories; even if it is more profitable to develop housing, Wu Guangyao will not exhaust his resources.

And the Wu family has a lot of industrial factories. Shau Kei Wan, Tsuen Wan, Kwun Tong, Tseung Kwan O, and Kwai Chung all have a large number of factories. But Wu Guangyao assured himself that these places will never develop residential buildings, and will always be industrial factories.

"This piece of land will be built into a high-tech industrial zone in the future!"

After everyone listened, they worshiped Wu Guangyao even more;
Who dares to talk about high-tech in Hong Kong Island, I am afraid that only their own boss has mastered the high-tech industry,

Shi Jun said: "If this area is developed into a high-tech industrial park, then the value of the nearby Huangpu Shipyard may increase immediately!"

Wu Guangyao nodded and said, "Then let's go and see the Huangpu Dockyard!"

This made all the executives have an idea, the boss will never take everyone to Hutchison Whampoa for no reason;

"Speaking of which, we have never developed a 'super-large housing estate' plan. It is a bit ashamed of the reputation of the largest real estate group on Hong Kong Island!" Wu Guangyao sighed

The "large housing estate" on Hong Kong Island is regarded as the first of its kind by Cheung Kong. At that time, it used 15 square feet to build a real estate with 1900 residential units in the Yau Tsim Mong area; but the real "large housing estate" was Mei Foo Properties in 1966. With a land of 25 square feet, Mei Foo New Village was built; Mei Foo New Village has a total of 99 20-storey high-rise buildings, a total of 13110 "pigeon-style residential buildings", which are extremely crowded; but even this kind of extremely crowded pigeon-style residential buildings The building was also the dream of the middle class in Hong Kong at that time!
Everyone didn't know what Wu Guangyao's exclamation meant. Could it be that the boss really had a way to take down Hutchison?

Everyone couldn't help being shocked, but this can't be asked!

Shi Jun sighed: "To put it bluntly, we just don't have this kind of land of more than 200 million square feet. Otherwise, we would have developed such a large-scale housing estate with our hands and done it beautifully!"

Wu Guangyao looked at the crowd, and said pointingly: "What's the hurry, before you retire, there will be plenty of opportunities!"

In the previous life, there were only a handful of large-scale housing estate projects on Hong Kong Island!
Taikoo Shing (Taikoo Dockyard), Whampoa Garden (Whampoa Dockyard), City One Shatin.
Needless to say, Wu Guangyao will not be able to intervene much in Taikoo Shing; at most, he can buy the Saixi Lake land (86.4 square feet) from Taikoo Shing, and may participate in the investment of the first three phases of Taikoo Shing;
When Wu Guangyao acquired Hutchison, I was afraid that the second phase of Whampoa Garden had already been developed, but there is no need to be nervous, because there are as many as twelve phases in Whampoa Garden, and the entire Whampoa Dockyard should have more than 210 million square feet.

The first city in Shatian has a total area of ​​250 million square feet. In the previous life, it was a consortium formed by real estate companies led by Zheng Yutong and led by four families. It obtained the development rights and interests through land reclamation; in this life, Wu Guangyao intends to get a share; In this way, it should be said that he is giving other Chinese capital a share of the pie.

The remaining large housing estates are not listed for the time being, but Wu Guangyao already has an ambitious project;
This ambition is very large, even bigger than the development of large-scale housing estates;
That is to develop a new town, to develop a new town in Tin Shui Wai, a new town of 5200 million square feet!

Of course, the timing is still immature in all aspects, but Wu Guangyao will make arrangements in the mid-70s.

Let’s not list these things for the time being, the executives heard Wu Guangyao say that everyone still has a chance before retiring;

Immediately knew that the boss had indeed set his sights on Hutchison;
As for how to win it, everyone can't guess!
At this time, although Hutchison & Co. was already developing the Whampoa Dockyard, the first phase of Whampoa Garden was in the innermost plot of land;
Obviously, every real estate company knows that the sea view house is the most important thing, and it should be left for the last development;
Not only is the experience rich, but the house price will also appreciate a lot!
It is precisely because of this that Wu Guangyao looked at the Phase I of Whampoa Garden under construction without the slightest heartache.

(End of this chapter)