I Want To Be a Rich Man on Hong Kong Island

Chapter 246 [Cheung Kong’s actions]

On February 5, 1955, shortly after the Spring Festival, the Hong Kong government decided to cancel the 5-storey height limit stipulated in the original building regulations.

For a while, the real estate industry on Hong Kong Island once again entered a period of explosion, and real estate-related issues were discussed everywhere.

Cheung Kong is the fastest mover. The Hong Kong government has just promulgated new regulations. The planning of Cheung Kong’s 150,000 square feet of land in Tsim Sha Tsui has been delivered to the desk of the Housing Department of Hong Kong Island.

"Here, Mr. Shi, Cheung Kong has actually designed the blueprints for high-rise buildings?" The person in charge of the Housing Department looked in disbelief. This regulation has only been promulgated for a week!

"Well, half a year ago, our company had already started to prepare for the construction of high-rise buildings; because we predicted that the 5-story height limit regulations would seriously affect the development of the real estate industry on Hong Kong Island, making it difficult for citizens to live in peace. Therefore, we Cheung Kong Industries For each piece of land, there are two plans, referred to as plan A and plan B." Shi Jun, who is in charge of the external world, explained that this explanation was given by the boss, and it is also the best way to explain that Cheung Kong is preparing to build a high-rise a month in advance word.

The person in charge of the Housing Department was stunned. Could this be Wu Guangyao's idea?

Shaking the thoughts out of his mind, the person in charge asked in detail the source of the drawings and the contractors who built these high-rise buildings.

The American Design Institute and the American Construction Company, these two answers made the person in charge feel a little uncomfortable;

Since when did everyone only trust the Americans and not the British, and even the British thought it was time to do so.

In fact, the person in charge did not know that American construction companies are good at building tall buildings; while European buildings are basically short buildings, so naturally they are not as good at building tall buildings as the United States.

There is nothing to say about Cheung Kong’s planning. The floor area ratio is around 40%. This floor area ratio may not be able to pass the review in the mainland in later generations; but in Hong Kong Island, the denser floor area ratio can pass the review.

In the mid-1960s in later generations, the "Meifu New Village" community built by the American Mobil Company was taken as an example. 99 20-storey buildings were built on an area of ​​40 acres, with a total of 13,110 residential units. The usable area of ​​each unit ranges from 450 square feet to 1,200 square feet, all completed can provide housing for 70,000 people.

It is true that from the present point of view, Mei Foo Sun Chuen was built earlier, and because it is located on the flight path, the height is restricted, resulting in a very high density of buildings and not enough space. However, the supporting facilities inside are complete, focusing on commerce and schools, and equipped with 24-hour security patrols, etc., which are all precedents in the real estate industry on Hong Kong Island.

Therefore, Mei Foo New Village in later generations is actually a milestone in the development of real estate on Hong Kong Island. Since then, such large private housing estates have sprung up like mushrooms after the rain, becoming a trend in the development of real estate on Hong Kong Island for decades.

It doesn’t matter if it’s a birdcage, or it’s depressing, but on Hong Kong Island, where every inch of land is precious, at least people can have a place to live!

However, since Wu Guangyao passed through, this milestone must be accomplished by himself.

.........

The first construction of Hong Kong Island has been very lively recently. A large number of machines were brought back to Hong Kong Island from the United States and delivered to the first construction of Hong Kong Island;

Then Hong Kong Island One Construction recruited workers and foremen on a large scale.

Chen Cheng, as the person in charge of Hong Kong Island First Construction, has recently been proud and happy!

The company was going to build a tall building. The boss not only bought a lot of new machines, but also asked himself to find a builder in the United States, and the two parties reached a cooperation.

In this way, with the technology and equipment, the only thing left is the workers and foremen!

There is no problem with this, Hong Kong Island has a large population, and a large group of people will come across from time to time.

After Chen Cheng saw the real estate plan of "Zijin City" in Tsim Sha Tsui, he couldn't speak for a long time, and the first thing he said was to himself.

"The boss is so generous, he likes big projects and big plans!"

Soon, Chen Chengcheng was summoned to the office by Wu Guangyao and gave some instructions.

"Know why I spent a lot of money this time to get American builders involved and buy their technology?"

"Well, I know! We have never built tall buildings on Hong Kong Island.

If something goes wrong, the boss can't afford to lose this person! "

Wu Guangyao nodded, and then said: "Not only that, the 'Zijin City' project is just one of Cheung Kong's projects this year, and there will be many such projects in the future; I don't want you to have not grown up by then."

"Don't worry, boss! We spent money to buy technology. If these Yankees don't teach it, I won't let them go. Of course, we are not weak in the construction of Hong Kong Island. We have a lot of talents, so we must Won't be an idiot."

"Well, it's best for you to have this confidence. Maybe in a few months, we have to start another project. Therefore, the number of technicians and management of Hong Kong Island First Construction will be doubled. Even if you go abroad to recruit, you will have to recruit A group of elite soldiers and strong generals. If there is a battle, you must win it!"

"Yes, boss!"

 …

After the Hong Kong government approved the "Purple City" real estate plan, Cheung Kong published a large number of newspapers to publicize its "Huaxia City" plan.

"A real estate can accommodate 12,000 people. If the 'God of Wealth' really doesn't do it, it will be a big ticket!"

"Look, look, the blueprints designed by the American Design Institute, American builders participated in the construction, a big deal! Who dares to say that Cheung Kong does not have the technology to build high-rise buildings? Others directly cooperate with the Americans and adopt world-class technology !"

Some people who have never seen an elevator couldn't help asking: "This building is so tall, do residents have to climb stairs every day to and from get off work?"

"You bumpkin! Haven't you ever taken an elevator before?" The companions couldn't help feeling amused, and said sarcastically.

Seeing the 'bumpkin' shaking his head, the people in the company also became interested, so it was necessary to show off his knowledge and talk about the elevator he had taken, which made the 'bumpkin' secretly amazed.

Lixin Building

Huo Yingdong looked at the newspaper in his hand in the office, put it down slowly, and said to himself: "Amazing! This one is amazing!"

A year ago, Huo Yingdong built more than 100 5-storey tenement buildings on Sifang Street, and adopted the method of "selling off-plan buildings", which was a great success!

In Huo Yingdong's own words, it is, "If you receive money, you will be soft, and if you receive money, you will be afraid!" '

At that time, Huo Yingdong even compared himself with Wu Guangyao, wanting to compare who is the Chinese "real estate upstart".

Although Changjiang Industrial entered the industry early, it has not made much achievements in real estate in the past few years. It is inevitable that people think that Wu Guangyao was too cautious and missed a great opportunity.

This is all right, Cheung Kong developed a real estate that can accommodate 12,000 people, and it was advertised in Hong Kong newspapers immediately, which immediately aroused heated discussions on Hong Kong Island.

Huo Yingdong couldn't figure it out, the Hong Kong government only revised the housing and living regulations, and Cheung Kong completed the planning approval.

This man in the Hong Kong government has deep connections!

 …

The 'Zijin City' real estate project is definitely a milestone in the real estate industry on Hong Kong Island. The emergence of this large private housing estate has pointed out a way for the housing tension on Hong Kong Island at this time.

On February 20, the "Zijin City" officially broke ground.

Cheung Kong held a grand foundation stone laying ceremony, and invited Governor Ge Lianghong, HSBC Taipan Guy and others to come to build the foundation stone.

"Mr. Wu, the 'Zijin City' is beautifully planned, and I hope the quality is solid!" Ge Lianghong had to remind Wu Guangyao that after all, Hong Kong Island still lacks experience in building high-rise buildings.

"Please rest assured, Governor, we will always put quality first!" Wu Guangyao replied seriously, and then introduced to Ge Lianghong the person in charge of the American design institute and builder stationed in Hong Kong Island.

Looking at the dozens of Americans around him, Ge Lianghong finally knew where Wu Guangyao's confidence lies!

From design to construction, these Americans will participate and guide the whole process. You must know that this cost directly increases the cost of the entire building by 10%.

Of course, it's worth the money!

The Taipan of HSBC also chatted with Wu Guangyao with a smile. If investing in shipping is an adventure for HSBC, then investing in real estate is the most stable place for HSBC.

HSBC has borrowed from dozens of real estate developers in the past two years, which can be said to be very important!

"Mr. Wu, with so much reserve land under Cheung Kong, will it be developed in the next two years?" Guy asked with concern. The purpose is simple. Cheung Kong has a good reputation. Developers.

"Yes, it will be fully developed in the next few years, and I would like to ask HSBC to support it!"

"Of course, Cheung Kong has a good reputation and a good business philosophy. It is a big customer welcomed by our HSBC Bank!"

With the sound of a gong, the workers and machines on the entire construction site began to move, presenting a busy scene.

Wu Guangyao and the others put on hard hats and went into the construction site to have a look around.

"Everyone, these eight excavators are currently the most advanced excavators in the world. They use hydraulic transmission instead of mechanical transmission. It is a technological leap in the history of excavators, and they belong to the second generation of excavators."

"Everyone, this is a brand new muck truck, and we, Cheung Kong Industrial, bought 10 of them."  …

Walking into the construction site, Wu Guangyao showed his muscles like a treasure to these people!

The brand-new state-of-the-art equipment shows Wu Guangyao's determination to do a big job.

Tell everyone that you either don't develop it, or you have to develop a big project!

At this time, Ge Lianghong, Guy and others couldn't help feeling a sense of sadness in their hearts!

Without this young man, the real estate industry on Hong Kong Island would be dominated by British capital, and the Chinese would be just small crabs and shrimps, which is nothing to worry about;

However, the Chinese just produced such a young man who built a huge business empire in only eight years;

In some respects, this business empire has surpassed the century-old foreign firm of Jardine Matheson, which makes those proud British people feel sad!

Ge Lianghong even knew that the London side was already preparing to win over this young man, and it would be best to let him be naturalized!

But will this one agree?

Ge Lianghong shook his head. If Wu Guangyao wanted to be naturalized, he would have been naturalized a long time ago. Seeing him spreading his industries to Japan, Europe, and the United States, we can see that he is also guarding against the Hong Kong government and London.

Wu Guangyao is wary of London, this is Ge Lianghong's idea!

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