I Want To Be a Rich Man on Hong Kong Island

Chapter 139 [Sale off-plan housing]

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The time came to February 1950. At this time, the land price on Hong Kong Island continued to fall, and it seemed a little unstoppable.

"Oriental Daily" conducted a survey, and the land price at this time was only about 30% of the same period last year.

Many people ridiculed the land price on Hong Kong Island, selling ginseng as if it were a carrot.

But there is no way. At this time, the land on Hong Kong Island is in the hands of foreigners, and these foreigners are worried about the future of Hong Kong Island.

So, they just want to grab the cash quickly, withdraw to London, and keep their pockets safe.

However, Chinese-funded businessmen have limited net worth after all, and they are more worried about the "future of Hong Kong Island", so they are not very enthusiastic.

Since February 1, Cheung Kong has frequently acquired land, spending 2.8 million Hong Kong dollars, and won a total of 4 pieces of land.

These 4 pieces of land are all located in the Yau Tsim Mong area of ​​Kowloon, among which 3 pieces of land, Wu Guangyao planned to build high-rise residential buildings in 1955.

There is also a piece of land located near the sea in Tsim Sha Tsui. Wu Guangyao also planned to build a commercial complex in 1955.

The commercial complex naturally follows the model of later generations, including hotels, shopping malls, and office buildings!

Cheung Kong currently has a total of six pieces of land and properties, with a total area of ​​about 650,000 square feet, which can be regarded as a small achievement.

On February 15, the working day before New Year's Eve, Wu Guangyao held a plenary meeting in the conference room of Changjiang Industrial.

"Currently we have a total of 6 pieces of land and properties. Among them, 4 pieces of land in Yau Tsim Mong, I plan not to develop them temporarily, as the company's reserve land. The company's current focus is to develop the Happy Valley land. Manager Li has brought I have returned the drawings, so we must start construction immediately, everyone must do their due diligence and must not neglect their duties." Wu Guangyao opened the topic first.

The entire meeting room was filled with more than 20 employees of Cheung Kong Industrial, and they all looked at the "Three Musketeers".

His eyes seemed to say, did the boss forget something?

Naturally, this kind of thing can only be asked by the three managers.

Li Xing was in charge of the design and construction of the building, so he naturally knew the doubts in everyone's mind, so he said to Wu Guangyao, "Boss, but the company doesn't have much money in its account at present.

"

It's not that Wu Guangyao forgot to find something, it's just that he was about to talk about it next.

"In terms of funding, there are two channels. You should be able to think of one channel, right?"

"Use the land loan!" Shi Jun, who is in charge of the funds, said first.

"Well, this is indeed the first channel, so what about the second channel? Everyone can think about it, the premise is that I don't pay a penny now!" Wu Guangyao said with a smile, and then leaned back, A face of mystery.

Then everyone came up with suggestions, some said to raise funds, some said to raise shares from wealthy businessmen; some said to get a bank loan first to build, and then sell a piece of land after the land might appreciate in value later.

Wu Guangyao saw that the timing was almost up, and motioned for everyone to stop.

"According to your methods, I will lose a lot!"

Everyone looked at Wu Guangyao, waiting for the boss to sing this role!

However, Wu Guangyao did not speak out, and kept a little bit of mystery.

"Believe it or not, I will be able to sell all these 30 villas in April this year!"

Everyone looked at each other, thinking in their hearts, this boss is not talking in his sleep!

In April, maybe even a foundation has not been completed yet.

Now on Hong Kong Island, only rich people can buy properties, and they all need to pay in one lump sum.

The so-called "pay the money face to face, pay the house face to face", it can be done for a penny or a penny, and it can be delayed for a while, there is no room for flexibility.

Buying a building, buying a floor, buying a suite, it's all the same.

I just saw a broken construction site, how could others pay for it!

Seeing everyone's expressions, Wu Guangyao knew that if he didn't say anything more, everyone might not even be able to sleep well!

"My method is to sell 'off-plan houses'. First, we quickly build a sales office, where the models and drawings of villas are arranged for people to visit; then we publicize to the outside world, you only need to pay 20% of the house price, and you can I have a villa under construction. It doesn’t matter if the cash flow is not enough, we Cheung Kong and HSBC, you can choose to pay in installments...."

Wu Guangyao only explained the method of "selling off-plan housing" to everyone, but did not explain the method of "selling off-plan properties".

The main reason is that there are only 30 villas in total, so 'selling off-plan properties' is simply a waste of talent.

"Selling off-plan properties" is definitely not as powerful as "selling off-plan properties".

Everyone's eyes lit up when they heard this, the boss's method is good, it's nothing but a white wolf!

Of course, this 'sale of off-plan housing' is also based on trust.

Obviously, Wu Guangyao is a sign in the hearts of Hong Kong people, enough to be trusted.

The funding problem was solved, and then Wu Guangyao proposed a new idea, which was to establish Changhe Property Service Company.

In the future, the real estate delivered by Changjiang Industrial will be stationed in Changhe Property Service Company.

Wouldn't it be another industry and more money!

Everyone was dumbfounded when they heard this. After buying your house, they still need to pay you a large sum of money every year. You are simply playing hooligans!

Sure enough, hooligans are not scary, but I am afraid that hooligans are educated!

"Cough... cough, Changhe Property Service Company naturally serves the owner. Does the environment outside the owner's house need to be cleaned and maintained? Does the security of the entire community need someone to be vigilant and on duty? And... ...In short, the property service company is the company that manages this site."

Wu Guangyao explained to these people the specific responsibilities of the property service company, so that these people would not think that they were stealing money.

"What if some owners are unwilling to pay the fee?"

A sudden voice reached Wu Guangyao's ears.

Wu Guangyao blurted out: "Then cut off the water, cut off the electricity, and sweep the garbage to his door...cough...cough, this is all a joke. Let's understand it first and move it with reason After all, he has enjoyed our services, so there is no reason why he should not pay this fee. Think about it, you can’t stay at home all the time when you buy a house, you have to go outside to see it. Living in a garbage dump; also, if there is no security personnel in the community, then thieves can come in and out at will..."

A meeting made the employees of Cheung Kong feel that the boss is just like the legend, and many ideas are original, but they are very reasonable and innovative.

Following such a boss makes people feel very promising and passionate!

After the meeting, Wu Guangyao packed his things and left work. Today, he made an appointment with Sundas to discuss real estate matters.

After listening to Wu Guangyao's words, Sandas almost choked on the red wine.

"Don't you sell off-plan houses to customers, but you still want our bank to pay all your house payments in full in advance?"

"Before the house is built, it should be paid to us in batches in full. You know, the house is mortgaged by your HSBC bank. If the customer can't repay the loan, your bank can auction the house. The house is fixed. Assets are low-risk assets, so it can be said that your HSBC Bank has no risk!" Wu Guangyao argued with reason.

Why can't these people turn a corner?

"Moreover, this is a disguised form to attract customers for your HSBC Bank, and you have earned interest."

Sanders was thinking about it, and finally said: "Okay, let's do an experiment in your Happy Valley villa first. If the effect is good, we will establish a long-term cooperative relationship with HSBC and Cheung Kong in the future!"

It's just getting cheap and being good!

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