Chapter 1655 - Oversized Estate
With the beginning of Yin Jun's frenzied purchase of land and real estate, many real estate developers in Xiangjiang have actually begun to act.
The biggest action is actually Li Chaoren.
He followed Yin Jun's example and drew an incomparably attractive piece of cake for the Xiangjiang government.
According to the plan submitted by Cheung Kong Group to the government.
Hutchison Whampoa will vigorously develop and Kee Whampoa-owned Whampoa Dockyard, and will invest HK$4 billion over six years to develop the entire project.
That is, Whampoa Garden.
The Whampoa Garden project comprises more than 100 residential towers with a total gross floor area of about 8 million square feet, as well as a shopping mall area of up to 1.7 million square feet.
Although Whampoa Gardens is not the largest mixed-use housing estate project in Hong Kong, there is a 200-hectare plot of land purchased by Yin Chun in Tin Shui Wai nearby, and a mega-estate is also being built, and there is also Kirin Group's 30-square-kilometre development plan on Lantau Island in the distance.
However, Whampoa Garden is the largest housing estate project in the bustling urban area of Hong Kong.
Because it is right next to Hung Kan, opposite the North Point of Hong Kong Island, and directly through the Hung Hom Tunnel to Central.
Such a good transportation location is not at all comparable to the extremely remote places of Tin Shui Wai and Lantau Island.
So in 1981, three years ago, the government told Hutchison Whampoa that if you wanted to convert this cheap industrial land into residential and commercial office buildings, you would have to pay the difference in land price.
What is the difference?
HK$2.8 billion.
Li Superman flinched at that time.
In 81, the total market value of Hutchison Whampoa was only about 8 billion Hong Kong dollars, and the market value of Cheung Kong was not high, where should I get 2.8 billion Hong Kong dollars to you?
But the price of land has been declining in recent years, but Li Chaoren did not make a rash move.
He waited tenaciously, waiting for the best opportunity.
Finally at this time, when Yin Jun began to make a move, Li Chaoren also made a decisive move and once again proposed the Whampoa Garden plan.
The Whampoa Garden Project is so huge, and the job opportunities and social effects brought by it are very conspicuous, so the Xiangjiang government can only negotiate with Li Chaoren head-on.
This time, of course, it cannot be a land price compensation of 2.8 billion Hong Kong dollars.
Under the pressure of Li Chaoren's frequent shouting and frequent interviews, saying that he was willing to contribute to the weak economy of Hong Kong, the land price compensation for Whampoa Garden was finally released a little earlier than Yin Jun's Lantau Development Plan.
It was in these few days that the government agreed to Li Chaoren's Whampoa Garden plan.
Hutchison Whampoa only had to pay a compensation land premium of HK$390 million to obtain the commercial and residential development rights of such a large piece of land.
As soon as the news came out, the whole Xiangjiang was shaken!
This Li Superman is too advantageous, right?
In just 3 years, the land price compensation of 2.8 billion Hong Kong dollars has dropped by 2.4 billion, just 390 million Hong Kong dollars!
Not to mention any housing development profits, this alone made him 2.4 billion!!
The shares of Cheung Kong Group and Hutchison Group suddenly rose in response, both rising by more than 5%.
Li Chaoren himself is also smiling.
If the development is carried out smoothly according to the plan, the profit of Whampoa Garden will definitely exceed 10 billion Hong Kong dollars!
With so much cash flow, it will also lay a solid foundation for the development of Hutchison Whampoa and Cheung Kong Group!
When Yin Jun heard the news, he also admired Li Chaoren's negotiation and public relations skills.
Not everyone will be able to seize these fleeting opportunities.
Not everyone can get such a big benefit when negotiating with the Hong Kong government.
Although the person in charge of the negotiations said that this was to boost the economy of Hong Kong, so big concessions were made.
But if you change someone, you must not be so powerful in suppressing negotiators.
At the same time, Yin Jun also knew very well that the construction of Whampoa Garden was the beginning of the take-off of Cheung Kong Group.
It is precisely by virtue of Whampoa Garden and other super estate real estate projects that Cheung Kong Group is ahead of others and has completed the layout in all aspects early.
Then Li Chaoren directly shot overseas and established a huge group business overseas.
This is the globalization of Cheung Kong Group.
It also brought Li Chaoren the glory of being the richest Chinese man for more than 20 years.
Of course, Yin Jun did not envy Li Chaoren.
Whampoa Garden must have been the largest estate in Hong Kong in the previous life, but in this life it is not at all.
The largest housing estate in the New Territories area of Hong Kong Island is the 200-hectare site of the Kirin Group in Tin Shui Wai.
Kirin Group has already announced that it will build a first-class mid-range housing estate in Hong Kong here.
If a few years ago, whoever said this would definitely be ridiculed by everyone.
What is Tin Shui Wai?
The poorest and most remote place in Xiangjiang.
Yuen Long is remote enough, but Tin Shui Wai is much more remote than Yuen Long, and the bus takes half an hour to arrive.
The people who live here are the poorest aborigines of Xiangjiang, as well as a group of people from the mainland who come to Xiangjiang, who can't find any good jobs, so they can only do the most tiring and hardest work here, so that they can survive.
But everything changed after Yin Jun came to Xiangjiang.
Tin Shui Wai was fortunate to become the headquarters of the Kirin Group, and in the past four or five years, a full 60,000 or 70,000 people have been recruited to work there.
Job opportunities are one, and most importantly, these job opportunities are really two more than others.
As long as the people who work in the Kirin Group, even the most ordinary positions, the salary is at least 50% higher than that of the outside.
The average level is more than double the salary outside.
Even in the most difficult time of Xiangjiang's economy, the salary of Kirin Group has risen steadily and higher year by year.
In the sour words of the outsider, "It's up to all the employees to buy something." ”
The reason for such prosperity is, of course, that the Kirin Group has set its goal of the world from the very beginning.
Aiming at customers around the world will not be affected by the economic downturn in one place.
Everyone knows this truth, but there is only one Yin Jun who can succeed.
Only he has such a ability, and others can't envy him.
So now Tin Shui Wai, the people who live in it are not poor people at all.
There are 60,000 or 70,000 senior white-collar workers working here, and their food, clothing, and housing, what a big expense and transaction?
Relying on these consumption alone, they have already fed the lives of hundreds of thousands of people around them.
This is one of the important reasons why the New Territories has borne almost millions of migrants, and there has been no chaos in the past two years.
It is really the Kirin Group that has forcibly pulled up the consumption and economy of Tin Shui Wai and even the New Territories, so that everyone can have a bite to eat.
The 200 hectares of land in Tin Shui Wai, purchased by the Kirin Group, is just opposite the headquarters in Lau Fau Shan, with only a small river in the middle.
This is the original majority of the land bought by Changshi and Derun, and the Qilin Garden next to it is still Yin Jun's beginning.
Nowadays, half of the people living in Kirin Garden are employees of the Kirin Group, and the remaining half are employees of the Kirin Group, all of whom are very rich and willing to spend money on buying things and eating, so all aspects of the estate are very prosperous, which makes New World Development, Hang Lung Group, etc., who own those commercial properties, very happy.
Although the employees of the Kirin Group have already booked a house in almost every corner of Xiangjiang, they are all scrambling to ask if they can give them a discount and let them buy a house.
When Chinese people buy a house, as long as there are conditions, they will not buy only one set.
Whether it is the people of Xiangjiang in this era or the mainlanders in 40 years, they all want to buy as much as they can, and the more the better.
Anyway, except for the house, the value preservation function is not good.
The employees of the Kirin Group really believe in Yin Jun, and the price of the house is already very cheap, compared with the peak two years ago, it is directly cut in half.
A house in the city is good, but if you also buy a house in a place close to your place of work, it will be much easier to commute to work.
It's good to live in a house in the city when you have time, and rent it to someone else if you don't have time, so as to earn some loan money.
Especially this super housing estate, or Jun Shao built it himself, how can everyone, as an internal employee, not have some discounts?
If nothing else, the down payment should be a little smaller, right?
After coming to Xiangjiang, these simple people have long been accustomed to taking out loans to consume large objects, especially houses.
If you have to wait until you have saved all the money before buying a house, you will not be able to buy it for the rest of your life.
Only by making a down payment first and paying it back slowly can you buy the house you want, and when the price of the house is getting higher and higher, it is equivalent to making a lot of money by relying on the down payment.
As for whether they can repay the loan, they are not worried.
As long as you work hard in the Kirin Group, then there will be no difficulties.
Don't be like some people, who don't know how to be blessed and neglect their duties, and are dismissed as a result, it's useless to kneel at the door of the headquarters - the Kirin Group fires hundreds of people every year, and this punishment system makes almost everyone cautious and redoubles their efforts, for fear that they will not have such a good job because of slackness.
Yin Jun also heard the voices of these employees.
But he couldn't laugh or cry.
Who told them that the Kirin Group was going to develop the 200 hectares recently?
We only talk about development, but we are not ready for now!
Once the land has been bought, there is no need to rush it, and we will wait for the development plan on Lantau Island to be completed, and then the unified planning will be made.
The reason for all this, Yin Jun also knows who it is.
That's Superman Lee.
If he wants to develop Whampoa Garden, he will take the Kirin Group to talk about things, so as to create such an atmosphere of full mobilization.
In this way, the price of Whampoa Garden can be sold better, and he will be able to earn more.
This old fox is really good at calculus!
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