Chapter 897: Look at him up tall buildings

Entering June, the news of the B land exchange rights and interests in Yin Jun's hand was not the news that attracted the attention of the people of Xiangjiang.

Relevant people in the real estate industry in Hong Kong, as well as a group of people who eat melons, are most concerned about the bidding meeting for the development right of the subway on the Hong Kong Island Line.

From the registration at the beginning of the year to the screening, June is the time for the results.

Hong Kong Island is the most prosperous area in Hong Kong, and the subway crossing Hong Kong Island is naturally the most important subway in Hong Kong.

It is no exaggeration to say that this subway line is the golden line of Xiangjiang, and every exit is like a cornucopia, which is recognized as a place that can drive the prosperity of the city center.

Such a large piece of fat has of course attracted the attention of almost all real estate developers in Xiangjiang.

By now, the situation has basically become clear.

On the one hand, Hongkong Land is alone.

The second force is the alliance between Swire and Wheelock.

The last force is basically the Chinese businessmen, Hang Lung, New World Development, Sino Properties, Liu Chong Hing Enterprises, Chinachem Group, and Kailian Hotels...... Under the leadership of Hang Lung Group, three major consortia were formed to bid for the development rights of the properties above the subway that they wanted.

Every day, the important newspapers in Hong Kong analyze the situation and the strengths and weaknesses of these consortia at great length, and everyone reads them with relish, just as they are reading a storybook.

Most professionals and journalists speculate that this time it should be an equal split between British and Chinese.

After all, the last time Hongkong Land carelessly lost Jingzhou and lost very badly, this time they have experience, and they will definitely not take it lightly.

Swire and Wheelock are also strong and have a very good relationship with the Hong Kong government, so their opportunities are not small.

The biggest opportunity naturally appears in the three major consortia organized by Hang Lung Group, which include almost 80% of the Chinese real estate companies, except for Li Chaoren's Cheung Kong Industrial and Kwok's Sun Hung Kai, almost all the real estate companies that can be called the name have entered it. This time, they vowed to learn from Li Chaoren last time, swallow the sweetest cake, and also justify the name of the Chinese businessmen, completely defeat the British, and then enter the mainstream of Xiangjiang commerce.

But there is one thing that many people have not discovered, that is, there is a real estate company with good development potential, Li Zhaoji, one of the original Three Musketeers of Hongji, and his Henderson Investment did not participate.

I don't know if it's because the strength is not enough, or because he is not optimistic about the real estate market of Xiangjiang at all, anyway, he did not participate, but is actively preparing for his Henderson Land listing.

The listing of Xiangjiang Real Estate at the most prosperous time is a great help to his company.

Listing can help Henderson Land obtain a large amount of capital, thereby accelerating its development.

As a result, that is, as everyone imagined, the Hong Kong government announced the results of the bidding, and the Chinese capital won the biggest victory.

Under the leadership of Hang Lung, the three major consortiums of Chinese capital have acquired the property development rights above nine subway stations on the Hong Kong Island Line in one go.

As soon as the news came out, it caused a sensation in the entire Xiangjiang.

It's just that the success of the three major Chinese-funded consortia this time is not that the British capital is too careless, but that they gave an unimaginably high price, so they grabbed the food and squeezed the British-funded consortium off the ship, and only obtained the development rights of 5 remote subway properties.

For example, on the property above the Admiralty II subway station, the Chinese-funded consortium reported to the subway company in one go a compensation land price of 1.8 billion Hong Kong dollars to the government, which directly set the highest price since the opening of the port of Xiangjiang.

1.8 billion Hong Kong dollars!

3 years ago, Li Chaoren's Admiralty Haifu Center property was sold in two buildings, with a total price of only 980 million Hong Kong dollars!!

The compensation of the land price, the profits of the subway company, and the small profit of tens of millions of dollars are only sold for a total of 980 million Hong Kong dollars!!

Now three years later, the compensation land price you give to the government alone is 1.8 billion, which is almost twice the price of others!

What a crazy real estate market must be to give birth to such a deformed sky-high price!?

But they are different from Hang Lung Group.

Admiralty was originally the center of the Heung Kong Centre, and it was even stronger than Central.

Not to mention the many government agencies in Admiralty, it is the Central Bank area to the west, the high-end Wan Chai business district to the east, and the Taiping Shan to the south.

Hang Lung has calculated that if the current increase is followed, it will not take long, at most two years, and the land price alone will rise to 3.6 billion, which means that it will double.

They are thinking, you see, I bought the land, and before the subway was completed, the price of my land doubled, which means that I didn't do anything and made 1.8 billion yuan in vain!

You still say that 1.8 billion is too expensive and not cost-effective?

How is that possible!?

All right.

According to their algorithm, this is really the case.

But the biggest prerequisite is that the real estate in Xiangjiang must be so crazy to continue to be hot.

But, is this possible?

In which country and region can real estate double or triple in a year, and then continue for three or five years?

You tell me I'm going to see the madmen all over the streets!

Of course, whether others believe it or not, Hang Lung Group believes it anyway, so they have invested a lot of money.

Their overall development plan is very ambitious, and they are going to build 9 commercial buildings of no less than 50 floors and 12,000 high-end residential units on these 9 subways, with a total floor area of more than 9 million square feet.

The construction cost is expected to be as high as HK$8.5 billion, but according to their estimates, the total sales revenue will be as high as HK$22 billion, of which the lead Hang Lung Group will make an unprecedented HK$4.5 billion in profits!

All right.

As a result, a group of people in the Hang Lung Group were excited, and their feelings immediately exploded.

Chen Zhengxi frequently appears in various news media, which is not surprising, and the young owner Chen Qixi is also frequently exposed, constantly giving interviews, and news magazines are his proud figure all day long.

If it weren't for the presence of Yin Jun in Xiangjiang, I am afraid that the unscrupulous reporters would have praised him as the first person of the young generation in Xiangjiang.

But it's not without fault.

The reporter of "Pear Daily" specifically blocked him from interviewing.

Reporter: "Young Master Chen, people say that you are the most general-like young entrepreneur in Xiangjiang, what do you think of it?"

Chen Qixian said with a smile: "How can I be as good as everyone says, I still have a lot of hard work, I have to learn more from the old-timers!"

"But, don't you think they don't like to create conflicts too much?" The reporter looked innocent, "In front of you, there is also Yin Junjun, his family business created at the age of 19, you didn't create it at the age of 40, do you think you should be ranked ahead of him?"

Chen Qixi's face darkened.

He glared at the reporter, forcibly resisted the thought of punching the reporter, and gritted his teeth and said: "Mr. Yin is also an entrepreneur I respect very much, but it doesn't mean that I think I am worse than him, the years are still very long, and the victory or defeat is still unknown! Also, I am 32 years old this year, not 40 years old!!"

"Jun Shao's acquisition of a Hollywood company worth $4 billion is so low-key, you just assisted your father to bid for the subway property, so high-profile, what kind of mentality is this?"

Hearing the reporter's words, Chen Qixian finally affirmed that this guy is here to fight!

But he didn't dare to hit the reporter, so he could only hold his breath and turn around and leave.

If he doesn't leave, there is no way, is he standing there waiting for the reporter to be humiliated?

Or can't you help but beat him up?

In this case, it is definitely yourself who suffers in the end!

Yin Jun!

You bastard!!

I won't let you go!!

Young Master Chen, who had been proud of the spring breeze recently, gritted his teeth and roared angrily in his heart.

……

Yin Jun, who was being talked about by Chen Qi, happened to be chatting about their family at this time.

"Through the success of Ngau Tau Kok, Hang Lung Group feels that it has the capital to lead the way. However, they ignored a lot of situations, especially subjective social and economic development! In those days, Mr. Li, the biggest reason for your success was that you had the best grasp of the timing. "In 1977, when Xiangjiang's economy began to recover, all walks of life had not yet raised prices. The second reason is that the subway was still a new affair in Xiangjiang at that time, other consortia did not understand the importance of the subway, and the powerful British-funded consortia were too arrogant, which made you dominate.

But what about now? Xiangjiang real estate has risen sharply for more than three years, and compared with the price three years ago, it has risen by at least 150 percent! Even if it continues to rise in price, I am afraid that time is running out, and in a year or two at most, real estate will turn around and turn down, repeating the mistakes of 73 and 74 years again. Under such circumstances, they are still happily expecting the real estate market in Hong Kong to rise and improve, are they too naïve, or are their brains crammed with money and not enough?"

Li Chaoren, who was sitting next to Yin Jun, listened to Yin Jun's words with a smile.

But in his heart, he was horrified.

Now everyone knows that the real estate market in Xiangjiang is hot to an extreme, and I don't know when this bubble will burst.

But everyone hopes that the time of this ruin will come later, and no one wants to think about what to do when the day comes.

Only Yin Jun, who has been calm to the point of cold judgment since last year, has been so calm and cold judgment that the real estate crash in Xiangjiang has been like this for a year or two, and he resolutely does not get involved in any real estate-related development.

If Shao Yifu hadn't forced him into a building, Yin Jun wouldn't have asked for it at all.

When Hang Lung Group set up a consortium before, he once came to Li Chaoren, and Li Chaoren himself was a little uneasy, so he went to ask Yin Jun, and Yin Jun gave "unstable" and "unreliable" answers at that time.

So in order to be safe during the period, Li Chaoren did not join, but concentrated on his own Hutchison Whampoa finishing work.

Hutchison Whampoa is too big, and all kinds of resources and wealth are too rich.

The more Li Chaoren tidies up Hutchison Whampoa now, the more glad he is that with the support of Shen Bi, he has obtained such a treasure trove, a huge treasure trove!

It is precisely because he knows that the future of Hutchison Whampoa is unlimited, so Li Chaocai does not feel too disappointed that he missed the subway property on the Hong Kong Island Line.

Now when the whole Xiangjiang is praising the Huazi consortium for doing a good job, Yin Jun judges their fate as if he has pronounced a sentence, this completely different reaction, if Yin Jun is not a madman, then he is really a genius.

Is Yin Jun crazy?

Of course not.

But could he have been right?

It will take time to test.

No matter how the development of the property on the subway is this time, I didn't participate in it anyway, so let's laugh and watch the wind and clouds rise!

……

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