I Want To Be a Rich Man on Hong Kong Island

Chapter 453: 【Central Land King】

  Chapter 453 【Central Land King】

  June, Hong Kong Island.

  The Hong Kong government announced that it would auction off the “Land King” in the central area, which immediately aroused the eye of the US consortium, the European consortium, the Japanese consortium, and the Jardine Matheson Corporation. The US consortium is even more in a position to win.

  As property prices and rents continue to skyrocket on Hong Kong Island, it has also stimulated the soaring of land prices, and has repeatedly set new highs in the official land auctions in the first half of the year;

  When the land on Salisbury Road in Kowloon’s "Land King" was auctioned in March, Cheung Kong Property was auctioned at a premium of less than 40%.

  At the later auction, the premium of each piece of land basically exceeded 40%, and even as high as 70%.

  This time, the Hong Kong government took out the coastal land in the Central District. The purpose is obvious, that is, it wants to take advantage of the situation and bid a high price;

  This land is the land of the previous Yihe Building, but this life is destined to miss the Yihe Building!

  Central District’s "Land King" has a total area of ​​53,000 square feet, with a starting price of 130 million Hong Kong dollars, and a total of 2,450 Hong Kong dollars per square foot;

  It can be said that the starting price alone exceeds the transaction price of the “Land King” in Kowloon, which shows how valuable the coastal land in the Central District is.

   Jardine Matheson

Keswick said to a group of senior executives of the Land Company: "We have to get this piece of land. The Central District was originally the nest of our Land. Over the years, with the insertion of Chinese Wu Guangyao, our property in the Central District was chased by him. It's a shame!"

  A group of senior executives of LANDMARK were silent, and Keswick suddenly felt like he was discouraged by the ball!

  There is no morale, which is the mood of the British capital facing Wu Guangyao.

   Keswick suppressed his anger, and said in a deep voice: "Do you think what price we can afford to auction this piece of land?"

New Bijian, who has just been promoted to the managing director of Jardine Matheson, said: “Landland has many properties in the Central District, but these properties need to be demolished and rebuilt to reflect their value. If the Central District Redevelopment Project is launched, it is estimated that more than 1 billion Hong Kong dollars will be required. So, regarding the auction of the "Land King" in the Central District, I think 280 million Hong Kong dollars is our limit."

An executive echoed: "The American consortium is bound to win. If only the American consortium is our opponent, we can also make the auctioneer drop the hammer faster; but everyone knows that Wu Guangyao will definitely Participating in this kind of auction of the "King of the Land", and he has always only bid the first price, we have no chance to take tricks at all!"

  This executive said so, making all the executives in the conference room blush, especially Keswick!

  This Wu Guangyao seems to know this trick of the Jardine Club, that's why this kind of behavior occurs. It is simply a weird thing on the auction floor!

  Keswick finally said helplessly: "Okay, the meeting is over!"

  Changjiang Building

  Wu Guangyao said to Shi Jun: "This Hong Kong government is addicted to selling land!"

Shi Jun said with a smile: "No! In the first half of this year, the Hong Kong government has auctioned 28 plots of land, setting a historical record for Hong Kong Island. These 28 plots have brought a full 1.2 billion Hong Kong dollars in revenue to the Hong Kong government. I don’t know how much of this money has been spent on Hong Kong Islanders!"

Wu Guangyao waved his hand and said, "You can rest assured that Hong Kong does not have to pay taxes to the United Kingdom, and the cost of the garrison is not paid by the Hong Kong government, so the money will still be spent on Hong Kong Island. The British make money on Hong Kong Island very secretly. They are all carried out through which foreign banks, and the Hong Kong government provides convenience to these foreign banks."

Shi Jun nodded and said with a sigh: "I can imagine that if the boss does not come to Hong Kong Island, then we Chinese will lose much wealth on Hong Kong Island. It is almost the 70s. Apart from the boss, none of us Chinese can compete with the British. Those who compete for capital."

  Don’t blame Shi Jun. In the first half of this year’s auction, only 10 of the 28 plots were photographed by the Chinese;

  10 plots of land in the Chinese auction, another 6 plots were photographed by Wu Guangyao’s Cheung Kong Property, including the “King of Land” in Kowloon.

  It is conceivable that without the appearance of Wu Guangyao, how much rent will the Chinese people in the future have to pay and how much money will they make for foreigners to leave.

  Wu Guangyao said: “After the land is photographed, it will be put into construction immediately. I plan to build the tallest building in Asia with a height of 55 floors.”

  Shi Jun was hit by a big earthquake, and he soon reacted. This building is destined to miss Cheung Kong!

  Only the boss’s own funds can have such a big deal.

  On the day of the auction, nearly a hundred reporters were waiting outside the auction site. It can be seen that the influence of the "King of Land" in the Central District is so high that it can't be compared even in the Kowloon tourist area.

   "Mr. Wu, can you accept an interview?" Undoubtedly, the focus of these reporters today is on Wu Guangyao.

  Wu Guangyao just walks to the crowd and accepts a simple interview.

   "Mr. Wu, if you take this piece of land this time, the position of the king of the central area of ​​Land must be yours. What do you think?" a reporter said.

"I don't seem to have thought about this problem! But for the land that has long lived in Hong Kong Island Real Estate Giant Land, the development performance in the past 10 years has not been satisfactory, and the momentum has not even been as good as the rising star Swire Properties. I think of the famous Sir Chater. When the British first came to Hong Kong Island, he was just an unknown poor man. With diligence, shrewdness and opportunity, he developed into a wealthy man. He created a wharf, built a land, and operated a Hong Kong Electric. This is the real enterprising man." Wu Guangyao's implication is that the current development of Land Development is too conservative, and it is not comparable to an enterprising person like me!

  A group of reporters suddenly seemed to be beaten up. Isn’t Wu Guangyao’s remarks that everyone can develop at will?

  Of course, everyone can't develop indiscriminately. The person in charge of the Oriental Media Group is not a vegetarian, but a company!

  Walking into the auction house and receiving the number plate, Wu Guangyao found a place to sit down and waited for the auction to be held!

  Today’s "Land King" may come to the auction, and everyone is very eager to get it. Everyone is not in the mood to talk, and they are all waiting for the auctioneer to enter the venue.

  After a while, the auctioneer and people from the Hong Kong government came to the venue together, and the auctioneer explained the rules to everyone.

  The auction is officially held!

In the beginning, Wu Guangyao did not bid, because Yihe did not bid. In Wu Guangyao’s view, only Yihe had the opportunity to collude with the auctioneer. Therefore, the other people's bids did not reach the second hammer, and Wu Guangyao did not worry about the auction at all. The division hammers too fast!

  In addition, the historical auction price of this piece of land is 258 million Hong Kong dollars, so today's result is only high and not low.

   "No. 12 Cheung Kong Real Estate. 200 million Hong Kong dollars!" The auctioneer's passionate voice came!

  This is the first price that Wu Guangyao has called. Of course the auctioneer must be excited!

  "16 Land Company. 220 million Hong Kong dollars!"

   "The Mobil Consortium No. 8. 205 million Hong Kong dollars!"

  As soon as the auctioneer saw the three seeded players joining the battle, he immediately increased his tone of motivation a lot!

   20 minutes later

  "The third transaction of 290 million Hong Kong dollars! Congratulations to Cheung Kong Real Estate!"

  No accident, Wu Guangyao got the land he dreamed of!

  I just don’t know what response the Land Company will have if it loses its ‘supposed’ land!

  (End of this chapter)

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