Hong Kong's new giants

Chapter 390 [Two Snipers]

On Saturday, Lin Zuhui, Zheng's father and son, and Cha Jimin and his son came to Discovery Bay Golf Course.

Discovery Bay is so big that Hong Kong Xingye has not completed the development after 40 years in the previous life. However, Cha Jimin is not strong enough. Almost half of all project profits have been taken by New World Development.

In this life, New Era Group has also participated. In recent years, the three companies have formed the Iron Triangle to jointly develop Discovery Bay.

Several people sat in the clubhouse, drinking tea and chatting, mainly discussing business matters.

Cha Maosheng was a little impatient about the delay in passing the airport plan, so he couldn't help complaining.

Lin Zuhui explained: "This year will definitely pass, because Xiangjiang's economy can no longer be dragged on. What's more, as far as the current situation is concerned, everyone knows that Discovery Bay has a very good prospect, so there is no need to worry about the fourth and fifth phases. Can’t sell at a good price.”

Before the announcement of the airport plan in 1989, the house price here in Discovery Bay was only more than 500 yuan per square foot, but last year (1990) it was already sold at 1000 yuan per square foot, far exceeding the original agreement of 650 yuan per square foot ruler.

However, the Cha Jimin family's Discovery Bay still has a large amount of undeveloped land, and naturally hopes that the new airport plan will be implemented as soon as possible.

Cha Jimin said: "I also believe that the plan for the new airport will be released this year. It is said that the two parties have already started communicating in secret."

Zheng Yutong said: "This is inevitable. Kai Tak Airport is almost overwhelmed. I believe both parties can see it."

Kai Tak Airport has long been the busiest airport in the world. At the end of the 80s, it had to propose a new airport plan. However, it involved a game between Huaying and Huaying, and things were a bit complicated.However, the voices of the people have been loud in the past year, so the two countries have to consider the economic needs of Xiangjiang.

Everyone is very optimistic about the prospect of Discovery Bay, and the follow-up will inevitably involve the participation of New World Development and New Era Group, so the long-term cooperation must continue.

In the previous life, some people even used the Discovery Bay project as the signboard of the New World Group, because the New World Group gained more profits in terms of residential projects.However, due to lack of strength, Xiangjiang Xingye can only find cooperation with large real estate companies to share part of the housing profits.Xiangjiang Xingye can not only enjoy the profits of the residential buildings, but also obtain the full rights and interests of the commercial part.

The idea of ​​the Cha family is very simple, as long as they sell their residences, their Discovery Bay will become popular, and then they can collect long-term rents for complex projects such as hotels, shopping malls, golf clubs, and office buildings.

During the period, everyone inevitably discussed the real estate situation. Lin Zuhui described Xiangjiang's real estate prospects as "ready to go", which made everyone more confident.

In fact, almost everyone knew at this time that Xiangjiang's real estate was about to explode, because the Gulf War was about to end.

At this time, Zha Jimin said: "You say, how about Mingli Group (the parent company of Xiangjiang Xingye) planning the Huaxia Dyeing Factory on Qingshan Road, Tsuen Wan into a comprehensive residential and commercial project?"

Lin Zuhui clearly saw that the Zhengs and his sons were very excited, and they had some reaction at this time - New World Development did not have much land reserve.

However, New World Development is now heavily in debt (100 billion), and last year (1990) its profit plummeted, reducing by 50%, to only 5 million. Even Hang Lung did not outperform.

The Guanghua Mita Hotel has lost more than one billion Hong Kong dollars. I heard that Zheng Yutong has slowly started to work recently, and I am afraid that he will come out of the rivers and lakes again.

Zheng Yutong immediately said: "The project is very promising. The economy in Tsuen Wan is developing very fast. Isn't Zuhui's New Times Group going to engage in large-scale commercial projects? It happens that you are one south and one north, occupying a favorable position in the commercial center of Tsuen Wan. "

There is no comparison at all. The location of Huaxia Dyeing Factory is too poor, the transportation is inconvenient, and not much commercial area can be built; while the Tsuen Wan Plaza and Tsuen Xin Plaza planned by Lin Zuhui have beautiful surroundings, there are resting parks, and they are adjacent to the sea and the subway. , KMB, and minibuses all have termini there.

It can be said that the project built by Lin Zuhui is comparable to the value of the Citicorp Center in Central, or even higher; moreover, it does not count as two residential projects.

Zha Jimin looked at Lin Zuhui again, because Lin Zuhui's eyes were much more vicious than Zheng's father and son.

Lin Zuhui said with a smile: "Talk about the land subsidy fee with the Hong Kong government as soon as possible, and you can save hundreds of millions. The project cycle is planned for five or six years, and the profits will roll in!"

Zha Jimin said, "I'm afraid the cost of subsidizing the land will be two or three billion?"

Lin Zuhui said: "It is estimated to be more than 25 billion. Now that the Hong Kong government has learned to be smart, it is difficult to take advantage of them. Moreover, the further the delay, the more expensive the land repair fee, there is no room for negotiation!"

Lin Zuhui was not wrong. In his previous life, the land cost a total of 38 billion, and he could only build a floor area of ​​160 million square feet (residential) and a commercial floor area of ​​90 square feet.

The Cha father and son took a deep breath, they did not have the strength to develop it alone, it was inevitable.Moreover, they are not good at bargaining with Hong Kong government departments.

Cha Jimin said: "I plan to cooperate with you two, what do you think?"

Lin Zuhui first stated: "Uncle Tong is the introducer of our two companies. New World Development will take the lead in this project, and New Times Group can participate in any point. I can also participate in making suggestions."

The Zhengs and his sons were immediately very happy. They could tell that although the Zhas had a longer relationship with the Zhengs, the Zhas believed in Lin Zuhui's overall view more.To put it bluntly, the Cha family may prefer to cooperate with the New Era Group, because it can make more profits.

Zheng Yutong also confessed at this time: "In the past two years, New World Development has indeed missed a good opportunity to reserve land. Recently, I have been looking for opportunities to cooperate with some government units and social groups. Since this time it is another tripartite cooperation, then Our new world will take the lead."

Zheng Yutong doesn't like the top price, so New World Development has never made any achievements in the auction market.

Lin Zuhui is different, he is a great friend of real estate, and any large-scale commercial business can hardly escape his palm.

He will also participate in any large-scale development real estate land, and win the bid by forming a consortium.

There is no way, the cash flow of the New Times Group is sufficient, and it is impossible to put it on the account and get moldy.

Judging from the recent situation, if the Hong Kong government conducts an auction of government land, it is very likely that New Times Group will cooperate with Sino Land for any large-scale residential project.

Because neither party wanted to set the price too high in the auction house.

Zha Jimin added: "I want to reserve a piece of land as a commercial building. I plan to build Zhongran Building. I plan to let Mingli Group hold this project alone. Therefore, although this project is planned as a whole, the commercial project belongs to Mingli. The group owns it alone!"

"Of course!"

To put it bluntly, the two large real estate developers just wanted to make a quick buck, and they would not hold equity in commercial buildings.

Zha Jimin finally said: "I think what Zu Hui said is reasonable. The sooner we negotiate with the Hong Kong government, the more we can reduce the land subsidy fee. Let the three parties formally negotiate as soon as possible!"

Zheng Yutong nodded and said, "Okay, next Wednesday!"

Soon, everyone discussed another project.

Even if this project only accounts for 2% of the shares, Lin Zuhui believes that he can earn about 10 billion, because the housing prices in Xiangjiang have risen too fast.When the first phase was launched in 1993, it may have risen to about 5000 yuan per square foot, while the current price of the same lot is only about 1800 yuan per square foot.

Louie is coming!

Over the weekend, there was an auction in the Emerald Room of the Furama Hotel, presented by Christie's Auctions.

Lin Zuhui and Da Liu formed a group and came to the Jade Hall, which immediately attracted the attention of many people.

At this time, the big Liu's affair had already spread, and a certain actress made nine phone calls to Mrs. Liu, cursing 'Why don't you die'.Because Mrs. Liu couldn't hold back, she shook it out in the media.

Lin Zuhui said to himself, Xiangjiang's entertainment circle has no Zhang San, but Li Si.

The social atmosphere is like this, everyone loves money, and the supremacy of money is brought into full play here.Of course, the more developed the place, the more this is the case. Many years ago, the United States had a book "How to Marry a Millionaire?" "The book, once published, is expensive in Luoyang and best-selling in Europe, America and Asia.It can be seen that marrying a rich man has long been a trend in the world, and Xiangjiang, where money worship is very strong, is naturally even more so!
After sitting down, Lin Zuhui joked: "How much more money will I earn for your recent news?"

Old Liu blushed, he had known Lin Zuhui in his early years, and he was very envious of Lin Zuhui's romantic affairs.But before the 90s, because I was still in the development stage of my career, I didn't have the energy.However, in the past two years, he has also been keen on hunting and entertainment.

But it seems that not everyone has Lin Zuhui's ability and toughness. Some women who have never seen other people jump out and talk nonsense, and some only have all kinds of rave reviews.

"Miss Hong Kong is not a fuel-efficient lamp. You are right! I thought that stupid woman would be well-read and sensible, but I didn't expect such a big thing to happen." Da Liu smiled wryly.

Lin Zuhui shook his head. It seemed that Yuan Liangliang was instigating it, but he didn't say it.

Da Liu asked curiously, "How is your Hong Kong sister?"

Lin Zuhui smiled and said: "She wants to develop her career, how can I hold her back, there is no contact now!"

Yuan Liangliang won a house and some luxury goods and jewelry from Lin Zuhui, and she definitely did not treat her badly; she still wanted to continue her relationship with Lin Zuhui, but after Lin Zuhui dealt with her severely, she chose to give up on her own initiative. , this man is forcing her to leave with 'I don't know how to pity and cherish jade'.When they broke up, the two agreed that they would either talk seriously about being friends, or find a good man to marry.The reason why Lin Zuhui made such a request was because he was worried that she would still be played.

However, he believes that before she really made her debut (Miss Hong Kong has a one-year responsibility as Miss Hong Kong, participating in the promotion of Hong Kong's industry, tourism and other activities), she is already worth millions (property), and she will never do that again anyway.What's more, how can a man who has seen an eagle fall in love with a little cock again!
Da Liu understood in an instant, this boss just accepts as soon as he sees it, and he is worried that Yuan Liangliang will cause trouble too!

I am far inferior to him!
Lin Zuhui suddenly said: "The appointment today is not just to participate in the auction, is it?"

He is very accurate at seeing people, and the details of ordinary people's expressions cannot hide from his sharp eyes.

Da Liu nodded honestly, not daring to play tricks, and said, "Sceneway Garden is about to open, I want to be an agent for you!"

It turns out that the so-called agent is a real estate speculator, and the price is obtained from the developer with a discount of less than 5%.

But don't think that the agent is the younger brother of the real estate developer. In fact, it is not the case. Both are cooperative relationships.If a real estate developer does not have the support of agents and real estate speculators, then it will definitely not be as good as its peers in terms of sales.

Cheung Kong and Sun Hung Kai are experts in this area, and they have many agents and real estate speculators.

Of course, the same is true for New Era Group. Apart from not liking to buy off-plan properties in the early years, in recent years, due to its rapid development and a large supply of residential units under its umbrella, there are also a large number of agents and real estate speculators.

Lin Zuhui said: "No problem, please contact our Director Chen later!"

With 750 residential units, it’s okay to give Da Liu 100 sales, and Fang Jin also has a quota of 100.This is a profitable business. A unit can be sold for about 8 yuan immediately, and 20 yuan a month.

Da Liu nodded happily and said, "That's great!"

Sceneway Garden is a large housing estate, which is a high-quality housing source for agents, and it will be huge profits if they hold it for a year.

A unit has a 100% increase, not just a 500% profit, because it is purchased in installments with a loan, so [-] million Hong Kong dollars can do [-] million Hong Kong dollars.

Because of this, there are so many real estate speculators and agents in Xiangjiang. At present, real estate speculators have accounted for [-]% of the market, and will continue to increase.

Many ordinary people buy houses from second-hand and third-hand dealers!
(End of this chapter)