Chapter 504: Tin Shui Wai Real Estate is Promising!

There were two landmark events in the frenzied property market price hike in the early 80s. Pen "Fun" Pavilion www.biquge.info

The first event was the two purchases and purchases of the Golden Gate Building.

But it's a scam.

But the second iconic deal is not a scam anymore, but what really happened.

In August this year, Li Chaoren and Federal Real Estate will join forces to acquire the International Building and Federal Building in Des Voeux Road Central in Central for 1 billion Hong Kong dollars, and then in February next year, during the period of the highest house prices, these two buildings will be sold at a price of 2.23 billion, and in half a year, the Cheung Kong Group and Federal Real Estate will earn a gross profit margin of 1.23 billion, which is scary compared to the Golden Gate Building.

The 32nd floor of the International Building and the 31st floor of the Federal Building, both of which are in Central, where every inch of land is at a premium, is not a big news that the price has more than doubled in half a year in this crazy era.

Maybe this is what made Li Chaoren firm the chicken soup for the soul in his autobiography.

"The three most important things to buy a house are the location!

Only a good location can have such a good increase.

This happened in August, but in fact, it is impossible to start negotiations in August, and now in late April, Cheung Kong Group and Federal Real Estate have at least entered the negotiation process, and Yin Jun can't interfere if he wants to.

Federal Real Estate is an important subsidiary of Wheelock, one of the four major British foreign firms, the International Building and the Federal Building were actually built by them, and the actual controller is the wealthy Zhang Yuliang, but in the 70s, in order to make the Federal Real Estate listed, Zhang Yuliang sold the two buildings to the Federal Real Estate again, which is equivalent to injecting capital into it.

Through a series of means, Zhang Yuliang not only fully controlled the shares of Federal Land, but is now one of the major shareholders of Wheelock, the parent company of Federal Real Estate, and in a few years, Zhang Yuliang will become the largest shareholder of Wheelock, until the charter king takes over his shares and will be included in Bao's family.

To put it bluntly, this time the purchase of a house by Cheung Kong Group and Federal Real Estate is actually the left hand of the Federal Real Estate to the right hand, and it is impossible for Yin Jun to squeeze out of the Federal Real Estate to buy it.

It's just that because the cooperation with Federal Real Estate is Cheung Kong Group, and Yin Jun is the second largest shareholder of Cheung Kong Group, then Yin Jun will naturally have a share of the money.

Although Yin Jun was also a little unwilling to share dividends like this, it could only be like this.

With Li Chaoren's means and vision, Yin Jun will not be allowed to intervene at all, even if he is the second largest shareholder of Cheung Kong Group.

The most important reason is that you Yin Jun haven't even opened a real estate project, so why do you do this kind of real estate business?

Is it enough to have money?

Of course not!

Qualifications and qualifications are also required!

In the field of real estate, how could Yin Jun, who has no successful experience, be looked down upon by Zhang Yuliang?

sighed, looking at a business that can make a lot of money, but he can't mix it in, which is really depressing.

Speaking of which, Yin Jun really needs to improve his status in the real estate industry in Xiangjiang.

The real estate development in Tin Shui Wai is an opportunity for Yin Jun.

Anyway, Yin Jun hasn't had much to do recently except to write a book, so every day he takes Huo Jianning to Tianshuiwei together.

It was accompanied by a group of people from design firms.

They are not a company, and in order to compete for this list, five or six design companies have sent elite soldiers to win.

Although the first phase of the Tin Shui Wai property development is only 500,000 square feet, considering the total development area of 5 million square feet, they cannot pay too much attention to it.

The key is that the house in Shui Wai is no longer a remote place that no one wants to buy.

With the opening of the two Kowloon bus routes, Tin Shui Wai is already very convenient to get to the city, but it is a little more crowded – even during peak hours, it has been added to every five minutes, and it is a double-decker bus, which is still packed.

But the distance between the two places is gone, and those who don't have much money and want to buy a house can already be regarded as a choice for them.

In addition, the third line of the Kowloon Motor Bus, the Kirin Printing Factory site - Causeway Bay MTR Station, has also started the purchase of vehicles, the laying of stations and the recruitment and training of personnel.

There are 35 more stops than the Kirin Printing Works-Central MTR station, and this line also passes through the fertile places of the Hong Kong River, including Kowloon Tong, Ho Man Tin, Hung Kan and Causeway Bay, which are all densely populated places and also places with many job opportunities.

After Kowloon Bus declared this route, the Transport Management Department immediately applauded the case, feeling that such a line connecting the northwest and central parts of Xiangxiang can completely drive the flow of people along the way, making travel more reasonable and convenient.

With the endorsement of the Transport Department, Kowloon Motor Bus also received approval to borrow a huge amount of $1.5 billion from the Heung Kong Commercial Bank to develop routes, purchase buses, build car parks and garages along the route, etc.

The total loan of the four new routes that Kowloon Motor Bus has already opened and is preparing to open has borrowed a staggering 4.4 billion Hong Kong dollars, which is still an unbelievable astronomical amount compared to the total capital of 500 million for Kowloon Motor Bus.

If an ordinary company dared to do this, it would have been sued by the securities regulatory department a long time ago, and it was ordered to suspend trading pending investigation.

But the strange thing is that the Kowloon Bus did not receive any investigation, the government is praising them for their daring, the public is also very optimistic about the long-term operation of the Kowloon Bus, from Yin Jun when the acquisition of the Kowloon Bus total capital of 420 million, to now almost two or three months, it has skyrocketed to 500 million, a cumulative increase of 20%, which is a very good performance.

There is only one government-guided public welfare bus in Hong Kong, and that is the Kowloon Bus.

In the future, Zheng Yutong's city bus was only established last year, and it will have to wait more than ten years for it to develop and grow, and his other new world-first bus will have to wait for more than ten years to be established.

So now, Kowloon Bus is responsible for almost all the bus traffic from Kowloon and the New Territories to Hong Kong Island, and it is an absolute monopoly giant.

In the past, Kowloon Bus did not make much money, because the government only allowed them to make a normal profit of 16%, so the return on profits of Kowloon Bus was not high, resulting in a low return on their shares, so not many people bought their shares.

After Yin Jun acquired Kowloon Bus, he continued to make heavy punches and prepared to open more than a dozen bus routes in one go, and all of them were newly opened and relatively potential routes.

Don't look at the current situation and lose money because of too many loans, but once you wait until the development is mature, it will definitely bring rich returns to investors.

If you look at the three new bus routes opened by Kowloon Motor Bus, each of which is crowded, you will know how bright the future is.

Moreover, according to the government's internal information, due to the huge amount of loans, coupled with the rapid economic development and various cost increases, the Kowloon Bus has requested the Transport Management Department to approve their plan to increase the price, which has been approved in principle, and as long as it is routinely handed over to the chief secretary for signature, the price adjustment can be announced.

For this point, many media outlets that hate Yin Jun's free newspaper disclosed it as early as when the price increase application was submitted, and they also analyzed and reported on the twists and turns in it.

The media bitterly criticized: "Yin Jun, an extremely selfish person, in order to satisfy his real estate development ambitions, used despicable means to plunder the Kowloon Bus Bus, and then used the Kowloon Bus to kidnap the people." The most excessive thing is that he is so eager for quick success, a company with a market value of 500 million dares to borrow 4.4 billion Hong Kong dollars, and in the end, he still has to let the people pay for him!"

"I don't dare to say whether these bus routes are important, but is it a bit too much to open up such urgent routes?

"Let's pay attention to the shocking amount of 4.4 billion Hong Kong dollars, Yin Jun is the choice of Xiangjiang Commercial Bank. Those who are familiar with Yin Jun know that the Heung Kong Commercial Bank has a very deep relationship with him, and is there a transfer of interests in this? This is a question worthy of our regulatory authorities' investigation!

"Compared to a year ago, the scale of Kowloon Bus has almost increased fivefold! If thousands of bus drivers and conductors lose their jobs because of Yin Jun's decision-making mistakes, will the government consider the possible social unrest?"

"The burden on the people of Xiangjiang is already heavy enough, why do we still have to increase the cost of daily travel? Obviously, this can not be increased, as long as Yin Jun is steady and steady! But for his own selfishness, the economic pressure on the common people has increased, is this really a super genius that you all admire?"

“……”

Compared with the impassioned media, the people interviewed on TV and radio stations did not react so violently.

My uncle is in Tiu Keng Leng in Kwun Tong, and now it is much easier for him to come to the city. ”

"There are so many poor people in Tin Shui Wai, if you don't let them have a job opportunity, sooner or later there will be chaos. Now let them work in urban areas, such as municipal sanitation, dishwashers, restaurant waiters, construction sites, etc., and some people do it, which is also very good, anyway, we people in the city will not do these jobs. ”

"What? You ask if this is okay? Of course it's okay! I'm from Yuen Long. Although we are not as poor as Tin Shui Wai, we are actually hard. Now I can work as a delivery man in the city from the countryside of Yuen Long, thanks to the Kowloon Bus Bus, otherwise I would not have been able to go back and forth in one day. I also have a sick mother at home. ”

"Well, the price increase is indeed a bit troublesome, but if you calculate it, the daily increase in expenses is two millimeters, excluding rest days, an increase of 4 yuan a month, I think it is still acceptable. After all, in the past few years, the economy of Xiangjiang has been good, and our monthly salary has increased by hundreds of yuan, but the cost of the bus has not increased for 6 years. ”

"I agree with the guy from before. Oil prices and labor are rising, why can't the price of Kowloon Bus be raised? Yin Jun's purpose of raising prices is to better serve everyone, and he didn't put it in his pocket. Isn't it what you media have called for more routes for the Kowloon Bus to open? Why did Yin Jun do it now, but you opposed it again? Is it jealousy?"

“……”

The crowd and the media were very different, much to the surprise of some onlookers.

The government also breathed a sigh of relief.

They are also a little worried about the price increase, after all, more than ten years ago, the price of the Star Ferry increased, but it caused a riot.

It may be that Hong Kong is indeed thriving now, and the new route of Kowloon Bus is also convenient for too many people, so everyone is not so angry.

That is, on the face that the people did not object, the political secretary here relented, implying that the Transportation Management Department agreed.

Then again.

Although many of the confidence of design companies in Tin Shui Wai is due to the convenient transportation, the houses in Tin Shui Wai are likely to be purchased by people with a little savings in nearby Yuen Long, Tsuen Wan and other places, but there is also a large part of the reason that the real smart people are looking at the rough future, and the future of Tin Shui Wai is actually promising.

As more and more people from the mainland smuggle to Hong Kong, most of them choose to settle in Tin Shui Wai, and they will have a need for housing.

I don't dare to say that they can live in the house built by Yin Jun, but it is possible for several people to share a house.

The most important thing is not them, but the employees of Yin Jun's factory.

Yin Jun has a total of two factories in Tin Shui Wai.

The first is the largest Kirin printing plant.

In addition to being responsible for the 8 million copies of Kirin Weekly and nearly 20 million copies per month, and the printing of 350,000 copies of Kirin Daily every day, it has been recruiting workers for the third time in less than a year since its establishment.

Today, they have a total of 5,000 employees, although there are thousands of security personnel, but such a huge scale has long ranked first in Xiangjiang.

The second factory is the Kirin Toy Factory.

Everyone knows that Yin Jun has now made the comics and cartoons of "Transformers", which are very popular all over the world, so it is reasonable for him to make such a Transformers toy factory.

This factory also has 2,500 people, although everyone doubts that so many workers, just a Transformers toy, can support it, but Yin Jun is rich and capricious, you can't care about it.

Coupled with the editorial department, reporters and other personnel of "Qilin Daily", there are 8,000 employees in Tin Shui Wai alone.

Except for a very small number of people, these 8,000 people generally do not have a house, and Yin Jun's salary is so high, on average about 3,000 a month, it is conceivable that if there is a residential estate area with a good environment around, then they will definitely choose to buy a house.

Nearly 8,000 households are in demand, and this alone is enough to make design companies flock to Yin Jun and choose to serve Yin Jun and strive to get this list!

……

(The monthly pass in March was about 2000, and I didn't win the award, but I was honored in my heart.) Thank you for the reward!!)