Chapter 450: Great Harvest
"Elder Zhao, this is your reward, please check. Pen %Fun %Pavilion www.biquge.info"
In the box of a well-known morning tea house in Xiangjiang, Yin Jun pushed a check and an envelope over.
The number on the check is 60 million.
Zhao Pinggui put down his chopsticks, didn't even glance at the numbers, put the check in the envelope, and then put it in his pocket.
"I didn't expect it, but after working so hard for almost a month, I could get so much money!" Zhao Pinggui sighed and said, "It's just to say hello to old friends, run errands, and 12 million will be in hand, which is more profitable than my own business!"
"This is also due to your ability, Old Zhao. Yin Jun said, "If it weren't for you running around and strategizing, would I be able to acquire so many Type B land exchange rights and interests so easily?"
Entrusting Zhao Pinggui to help acquire the Type B land exchange interest letter, Yin Jun's handling fee was 5% of the acquisition fee, and the original budget was to acquire the Type B land exchange interest letter of 3 million square feet in two or three months.
Unexpectedly, not to mention the acquisition time in advance, he also acquired 4 million square feet of Type B land exchange rights and interests in one go in one month, which greatly surprised Yin Jun.
If it weren't for the signing of a sales agreement with Pearson Group, the valuation of Kirin Culture would have skyrocketed by another 500 million, and Yin Jun, who only has 500 million cash and 300 million loans, would never have survived this hurdle.
Of course, Li Chaoren worked hard to make Hutchison Whampoa and Cheung Kong Group more harmonious, and after Hutchison Whampoa announced that it would learn from Swire Group to transform Taikoo Dock, the Whampoa Dock of Nuoda was also transformed into the largest private housing estate in Hong Kong, and the stock price of Cheung Kong Group rose sharply, which was also a reason for the increase in Yin Jun's loan amount.
With an acquisition fee of 1.2 billion and a handling fee of 60 million, Yin Jun's expenditure of nearly 1.3 billion is extremely crazy to anyone.
After acquiring 4 million square feet of Type B land exchange rights, farmers in the New Territories have also become vigilant, and instead of rushing to sell their Type B land exchange rights and interests at a high price as before, they have hidden them and sold them one after another.
The farmers' thinking is the most simple, they know that Yin Jun is a super genius, since Yin Jun is crazy to buy the B kind of land exchange rights and interests, then it proves that the B kind of land exchange rights and interests have a higher value, if they put it for another two or three years, it will definitely rise again.
Therefore, not only Yin Jun, but also many real estate developers who want to continue to buy the Type B land exchange rights and interests are difficult to receive the Type B land exchange rights and interests letters.
Even if there is, then it should not be less than 300 blocks per square foot, or even higher.
This made other real estate developers scold Yin Jun for "disrupting the market".
But Yin Jun never paid attention to such rumors and denunciations, and even the newspapers and magazines kept attacking and satirizing him, and the young man never cared.
In the past few days, Zhao Pinggui has successively completed the delivery of the second type of land exchange rights and interests, and Yin Jun has put them all in the vault of the Xiangjiang Commercial Bank.
Even if Chen Youhan valued Yin Jun very much, he also told Yin Jun that if the 1.2 billion Type B land exchange interest book wanted a mortgage, he could only give him a loan amount of 400 million at most.
Yin Jun smiled but said nothing, very calm.
Whether you are a friend or foe, can I tell you that after the Lunar New Year this year, Heung Kong real estate will usher in a rapid rise in about two years?
Can I tell you that in 1983 the government announced that it would stop issuing the Type B land exchange rights and interests?
Then I can't tell you that after the Sino-British negotiations in 84, the land in Xiangjiang will become more and more expensive, and the real estate will usher in more than ten years of rapid development.
Such a clear understanding of the future, but can only be known by oneself, is really a bit heroic and lonely!
Fortunately, the farmers were reluctant to sell it, otherwise Yin Jun's money would not be enough to buy more.
Zhao Pinggui is a very interesting person, he is very enthusiastic, and it is also very appropriate to help with things, don't look at seventy-year-old people, he is still very old and strong, and he has been running around for several months to help Yin Jun do this.
60 million was given to him by Yin Jun, and as for how he distributed it with the bigwigs of the Township Council, it was up to him to decide.
According to Yin Jun's knowledge, he is ready to take 1% of the fee, that is, 12 million, and after counting his friends, no one can share at least one million.
In 1980, 1 million Hong Kong dollars was enough to buy two or three houses in the urban area, which was not a small amount, so these villagers were very happy.
Moreover, Yin Jun also knew that this group of people was not so honest, and when they first acquired it, they did not buy it at 300 square feet, that is, when the news spread later, they had to raise the price, and as for the previous price difference, it fell into their pockets.
When the water is clear, there are no fish.
Yin Jun still understands this truth, as long as they complete the task and the farmers basically do not suffer losses, then they can completely explain.
In his thoughts, Zhao Pinggui asked again, "Ah Jun, you now have so much land reserve in the New Territories, in the next step, are you not going to develop our place into a central area and move your position?"
Zhao Pinggui was born in the Zhao family of Tin Shui Wai, a big family in the New Territories, and they have 488 hectares of land, which can be regarded as the largest landowner in Xiangjiang if only calculated according to the area.
Previously, Li Chaoren, Wheelock and Derun bought 20 million square feet of land there, and then Yin Jun bought 5 million square feet of land, all of which were very cheap.
The price of cheap land is that both Yin Jun and Li Chaoren promised to build a sub-center of the city in Tin Shui Wai to make it prosperous, so that the land in the hands of the Zhao family would skyrocket again, so as to obtain a large amount of benefits.
But now that Yin Jun has a more powerful 4 million square feet of land exchange rights and interests, then Yin Jun can directly sell the land in Tin Shui Wai to others, and take the net profit to withdraw and develop better land.
You must know that the contract signed by Yin Jun binds him with liquidated damages of only 30 million Hong Kong dollars, and Yin Jun can get a profit of more than 200 million Hong Kong dollars now that he changes hands, compared to 30 million liquidated damages, which is not worth mentioning.
On the other hand, the contract is very binding on Liande Trust, written at 500 million Hong Kong dollars, the Zhao family was only worried about Yin Jun breaking the contract, never worried about breaking the contract, so they didn't care much about this number, and now it seems that it was really calculated by Yin Jun.
It's okay just like this, anyway, if Yin Jun seriously develops Tin Shui Wai, they won't say anything, after all, they will get more benefits in the end.
But if Yin Jun breaks the contract in this regard, it is very likely that they will be empty-Li Chaoren and Derun are not planning to develop the land in the next few years, no one develops Tin Shui Wai, and Tin Shui Wai is still a backwater.
Yin Jun smiled when he heard this, "Old Zhao, don't worry, I won't be going to use this 4 million square feet of Type B land exchange rights and interests in the past two years." As the first step in my real estate development, it must be only here in Tin Shui Wai! If you think about it, I have opened a bus line, and the bus line to the Central MTR station has also started trial operation. If I don't develop it, how can I do this kind of laborious thing?"
Hearing Yin Jun say this, Zhao Pinggui's face was still a little suspicious, "If you repair the bus line, you can sell land in the future, right?"
"You forget, I still have two factories here!" Yin Jun spread his hands and said, "The factory with a total number of more than 5,000 people, can I not consider them? Even if I don't think about you, I have to build a house for them, right? Also, hasn't there been a lot of people swimming in Tin Shui Wai recently? I think there are a lot of young and strong people, and they are just hired to build houses, and I have already recruited them into the Kirin Construction Company!"
"Really?" Zhao Pinggui became excited at this time.
That's right!
Yin Jun is not for others, even for his own people, he has to repair the house.
"Of course. Yin Jun said, "As you know, the Xiangjiang government has recently changed its policy on obtaining ID cards, and many people from the mainland will come to Xiangjiang, and Tin Shui Wai is their largest gathering place." If I recruit them, I will save a lot of money...... But the issue of their identity, I'm afraid you villagers also need to think of a way...... If this is done, we will be able to start the land leveling work in the second half of the year!"
"Good!"
Zhao Pinggui said without hesitation, "The ID card problem of these people is easy to handle, isn't there no change in the regulations now?
"In that case, you just wait to see me repair the house!" Yin Jun said with a smile.
He understood what the Zhao family was worried about, but in Yin Jun's opinion, these were not problems at all.
Yin Jun bought 5 million square feet of land, only paid 10 million in advance, and then gave 25% of the profits to the Zhao family's Liande Trust.
At first glance, even if 25% of the profit is added, the profit given by Yin Jun is only 300 million Hong Kong dollars.
It took 300 million to buy 5 million square feet of land.
Now Yin Jun's 4 million square feet of Type B land exchange rights and interests have cost 1.26 billion Hong Kong dollars, which is too big a difference!
But things can't be seen that way.
In 1978, the year before last, the year Yin Jun came to Hong Kong, in August, a piece of land on Queensway, Hong Kong Island, the most prosperous Hong Kong island, was auctioned, and a shocking price of 13,643 yuan per square foot was recorded.
Since then, the price of commercial housing in the prosperous area of Xiangjiang has been rising.
Especially in 1980, that is, this year, it was a land auction that repeatedly hit new highs.
For example, two days ago, the price of a piece of land auctioned on Nathan Road in Tsim Sha Tsui also soared to 12,456 yuan per square foot - Nathan Road is not Queensway, the grade is more than a step worse, even Nathan Road has risen in price to this extent, then the price of Queensway can directly increase by more than 50%!
Then Yin Jun also knew that at this year's address auction of the Far East Financial Center in Harcourt Road in the Admiralty area of Hong Kong Island, the auction price per square foot was as high as 26,247 yuan, creating a history again!
A year later, in 1981, the Hong Kong MTR Corporation auctioned off a plot of land on Cotton Tree Road, which was only 13,825 square feet, but sold it for a sky-high price of HK$480 million, which translates to a floor price of 34,720 yuan per square foot.
In November of this year, the Hong Kong government announced the sale of a 144,000-square-foot piece of land in Central near Connaught Building, which was the address of the main station of the Central Bus and the minibus in Central, located in the central area of the Central business district of Hong Kong Island.
According to the real estate price at that time, it is very likely to exceed the sky-high price of 7.5 billion, if calculated according to this price, the ground price of the land king in the land king per square foot will be as high as about 65,900 yuan!!
However, what makes the Hong Kong government regret it is that it turned over 1981, and in 1982, because the Sino-British negotiations did not go well, the land price in Xiangjiang plummeted in just a few months, and on February 12, it was half lower than the estimate, and the price of Hongkong Land was 4.755 billion Hong Kong dollars, converted into a price of 32,964 yuan per square foot.
Although the unit price is low, because of the large area, it has set a record for the highest total price of land auctioned by the Xiangjiang government.
However, Hongkong Land did not lose money, and they finally invested more than 8 billion Hong Kong dollars to build the Exchange Square on the original site, with a construction area of up to 2 million square feet, which also made a lot of money.
If calculated according to such a high price, let alone the price of 81 years, even the land price of Nathan Road two days ago, 1.26 billion yuan can only buy 101,200 square feet of Nathan Road land - this is just an assumption, if there is really a land of 100,000 square feet, the land price will have to rise by another 20 or 30%.
If you think about it, Nathan Road is 100,000 square feet, and you can buy 4 million square feet in the New Territories, which is also very unfair!
However, there are different prices for different locations.
Therefore, it is normal to buy about 300 million square feet of land in Tin Shui Wai and 1.26 billion to buy 4 million square feet of land in the New Territories.
And the additional benefits that Yin Jun got were a lot.
For example, Yin Jun bought a Type B land exchange interest in Fanling, but he did not have to buy the land in situ, in fact, all the land released by the government in the New Territories, he could use the Type B land exchange interest to bid.
In this way, Yin Junquan chose a prosperous area to bid, and his own value has increased greatly, not to mention the income obtained because of the increase in land value.
So don't look at the price that Yin Jun bought now, it's a bit inflated, but in a few months at most, they will be able to know the power.
The price is not a problem, the key is that when the land is in short supply, you can't buy land even if you have money!
If you don't have land, you can't build houses to make money, and what is more painful for real estate developers?