The Industrial Giant Reborn

"Several buildings." Wang Shiya looked at Chen Zhiwen with some envy. This rich person just speaks differently. A house can be purchased with their life savings, but a few buildings are like a supermarket to this kind of people. Same with shopping.

"Taigucheng is not far from here, so let's go and have a look." Chen Zhiwen suddenly changed lanes to the right, ready to go to Taikoocheng.

"Go shopping today?" Wang Shiya asked.

"Don't buy it, go and have a look. It's nearby anyway, so I'll go and find out." Chen Zhiwen said with a smile. A few houses are not worth his visit, but if there are a few houses, it's okay to go and see.

However, if the quantity is so large, if you want to buy it, you need to use professionals or lawyers to be responsible, especially when the land price is still sluggish, you have to desperately lower the price.

In the future, it will be a matter of rising tens or hundreds of times in the future. If you buy it today, you will have to lower the price.

As for going directly to the real estate to buy like in the later novels, it is a fool's behavior, and it is easy to be targeted by others, which is harmful but not beneficial.

Cars soon arrived in Taikoo Shing. Mercedes cars are still very popular among the rich in Hong Kong. Those who can afford a car are generally not the middle class, at least they are senior wage earners at the vice president level. See After arriving at the Mercedes-Benz, a beautiful salesman immediately caught up.

But when she saw the twins who got out of the car, even she was so shocked that she couldn't speak. Twins themselves are relatively rare. This kind of identical sisters, if you don't see them, you don't know that there are actually such sisters in this world.

"Hello?" Chen Zhiwen waved his hand as a reminder.

"Hello, sir." The salesman came back to his senses and said apologetically. It seemed that at that moment, she wondered if her sexual interest had changed.

"Let's just take a look and introduce you." Chen Zhiwen said with a smile.

"Okay, three, please follow me." The salesman immediately returned to the professional service, led the three into the lobby, and introduced the buildings of Taikoo City to the three.

Under Chen Zhiwen's leadership, he had a general understanding of Taikoo City's situation. The development plan of Taikoo City was last year, but unfortunately encountered an economic crisis, and it took a year before the project was approved. We will not be able to start laying the groundwork until next year.

"The Hong Kong government stipulates that pre-sales can only start 8 months before the completion of the building. You are selling the building before the foundation is laid?" Chen Zhiwen asked in surprise.

Although Hong Kong is only a small city, there are still some great inventions, such as pre-sale, and the shared area that later generations hate in the mainland.

The original intention of the pre-sale is actually good. In the 1950s, the normal operation of Hong Kong real estate was to sell the house after it was built, which put a lot of financial pressure on the developer. Therefore, a business genius came up with the idea of ​​pre-sale From the perspective of businessmen, this system can recover funds earlier and reduce the payment of interest on bank loans. For house buyers, it can also book a house in advance to avoid future house price rises.

But capitalists will not give up any opportunities. The benefit brought by the pre-sale is that the investment capital is reduced, which is equivalent to the increase in leverage. Therefore, the financial bubble is even bigger. The three major ups and downs are closely related to the high-risk financial system of pre-sale. At the same time, the root cause of the rise of Chinese capital in the 1960s and 1970s is that the Chinese capital Henry used the pre-sale system to develop rapidly and gather funds, and finally reached 80 In the 1990s, it developed into a scale that could challenge British capital.

In fact, this is the same as hedging in the investment world. The original intention is to reduce investment risk, but it has been played by financiers, and the leverage is getting bigger and bigger.

Obviously this is not the first time sales have encountered this kind of problem, and explained with a smile: "So now it is not a pre-sale, but a reservation. You only need to provide a 5% deposit, and in the next year or the year after that, you can buy it at the current price." Our house, we will clearly mark it in the contract, there will be absolutely no problems."

"Then what if the housing price falls?" Chen Zhiwen asked with a smile.

"Sir, you are joking. Now the housing prices in Hong Kong have returned to 5 years ago, and it is unlikely to fall any further." The female salesman said a little unconfidently. The company's sales policy is actually its own dissatisfaction with future housing prices. Strongest evidence for certainty.

"Okay, let me think about it." Chen Zhiwen nodded, but he was happy in his heart. According to Swire's current policy, he only needs to pay a 5% deposit to lock in a future house. This is equivalent to 20 times leverage ? Moreover, leveraged assets will rise sharply in the next few years. This investment is much better than investing in industrial real estate. The only disadvantage is that there are only 3 real estate properties launched in Taikoo Shing, and the properties available for sale are limited. I don’t know if I can buy them. to how much.

If it wasn't for accompanying the twins to look at the house, I don't know that such a good thing will happen, but then again, the British-funded foreign firms are too conservative in real estate investment, and they are not as daring as Hua-funded companies to expand with all their strength. According to him As we all know, in order to develop Taikoo Shing project, Swire Group successively sold part of the land in Saixi Lake and Taikoo Valley, and sold 120 million yuan in cash, which was used as the initial start-up capital for the development of Taikoo Shing.

As a result, Cheung Kong and Nan Fung Group, which purchased the land, both made huge profits from the later development of Saixi Lake Mansion and Nan Fung New Village. Later, because he had no real estate experience, he developed a joint venture with Dachang Real Estate to develop Taikoo City. Although he was kicked out later, he still shared the profit of hundreds of millions of Hong Kong dollars.

In fact, in the 1960s, many British capitals sold a large amount of land, or developed joint ventures with Chinese real estate. If they hadn’t missed the era, Chen Zhiwen would have been able to share some of this bonus.

After watching it for two laps, Chen Zhiwen didn't make any next move, and the saleswoman was not in a hurry, she saw that Chen Zhiwen had money, so the possibility of buying was still very high.

But the result still disappointed her. After a while, Chen Zhiwen was about to leave. For such a potential customer, the female salesperson naturally didn't want to miss it. She felt that there was still a chance, so she handed over her business card before Chen Zhiwen left. .

In the car, Chen Zhiwen put away the business card and said, "If you want to buy it, you can buy it. I'm going to buy it too. How big are you going to buy?"

"The two of us are going to buy a 600-foot set." Wang Shiqian said after fastening her seat belt.

"600 square feet is too small. I will buy a set of 1500 square feet and give it to you when the house is handed over. But you can also buy another set as an investment." , It is actually a kind of sadness to regard Qianchi as a luxury house. If the house price is not ridiculously expensive, who would take Qianchi seriously?

"The house type just now is not 1500 square feet?" Wang Shiya asked in the back row.

Chen Zhiwen shrugged and said, "If you buy two sets, you will be able to get through, and it will be more convenient to visit in the future, isn't it?"