I Want To Be a Rich Man on Hong Kong Island

After four years of construction, the Yangtze River Central Commercial Complex has finally been basically completed!

The first thing Wu Guangyao did when he returned to Hong Kong was to inspect the Yangtze River Center.

Take the Star Ferry from the ferry terminal on this island, and you can see several high-rise buildings in the northeast of Tsim Sha Tsui at a glance, which is the Yangtze River Central Commercial Complex;

It is also the earliest and largest high-rise complex in Tsim Sha Tsui and even Hong Kong Island.

The only disadvantage is that the center of the Yangtze River is not at the location of Blue Chimney, but a little northeast of Blue Chimney;

To put it bluntly, it is not in the 'pointy' position of Tsim Sha Tsui.

Of course, it is only a little short of the location of 'Jiang', and this side of later generations is also where the Shangri-La Hotel is located.

Because there is an airport in Kowloon, the height is limited. The building complex in the center of the Yangtze River is only about 16 to 18 floors, but the volume is indeed very large.

The entire building complex is a series of connected comprehensive commercial buildings. The Yangtze River Center has two office buildings (16 floors), two hotel buildings (18 floors), two serviced residences, a six-story shopping mall and a parking lot. The total floor area is 2.51 million square feet.

Wu Guangyao led a group of people, lingering in the center of the Yangtze River, full of sense of accomplishment!

"How is the work of attracting investment going?" Wu Guangyao asked the Three Musketeers beside him.

"The preparatory work has been done, and we will be ready to attract investment soon!" Shi Jun said.

"Then remember to increase the momentum. This is not only a milestone in Hong Kong Island's real estate industry, but also a milestone in the world's commercial buildings. It is worthy of publicity." At this time, Wu Guangyao was quite overjoyed.

"kindness!"

Wu Guangyao then asked about the pricing of the rent. After all, the Yangtze River Center is a property that is only rented and not sold, and the rent has a lot to do with it.

"How much is the rent for an office building per square foot?"

"0.5 Hong Kong dollars per square foot per month!"

Wu Guangyao calculated in his mind that the two office buildings have a total of 600,000 square feet; if fully leased, the monthly rent can be 300,000 Hong Kong dollars, and the annual rent can reach 3.6 million Hong Kong dollars.

"How much is the hotel rent?"

"0.4 Hong Kong dollars per square foot per month, this price is already quite favorable,

;Because it is a long-term lease and the owner of your hotel, the price is less than 70% of the normal price! Shi Jun specially emphasized that he was afraid that Wu Guangyao would feel that this was cheating the boss's hotel.

It’s still a little expensive. One hotel building is 500,000 square feet, and the annual rent is 2.4 million Hong Kong dollars, and two buildings are 4.8 million Hong Kong dollars.

"What about residential apartment prices?"

"0.15 Hong Kong dollars per square foot per month!"

The two houses have a total of 500,000 square feet (900 houses), and the monthly rent can be 75,000 Hong Kong dollars, which can reach 900,000 Hong Kong dollars a year.

"What about the store price?"

"2.5 Hong Kong dollars per square foot per month!"

The shopping center has a total of 400,000 square feet, and the monthly rent is 1 million Hong Kong dollars, which can reach 12 million Hong Kong dollars a year.

Calculated in this way, the annual rent of the Yangtze River Center in a fully leased state is 21.3 million Hong Kong dollars.

However, it is impossible to fully rent, and it is already very good to have 80% of the state.

At this time, Wu Guangyao estimated the price of the Yangtze River Center as 250 million Hong Kong dollars; because the value would rise immediately, even if someone offered 500 million or 1 billion Hong Kong dollars, Wu Guangyao would not sell it.

When I came to the vicinity of the two hotels, I found that the hotel was already under renovation;

After all, half a year ago, the team of Shining Star Hotel Management Company came to Hong Kong Island to start preparations for the two hotels.

"Mr. Charles, you are clean and tidy. It is estimated that the two hotels will be open within a year. By then, boss, you will be the 'hotel king' of Hong Kong Island." Li Xing said with a smile.

"It's too early to say that. After all, The Peninsula Hotel is the signature of Hong Kong Island and has a profound heritage." Wu Guangyao was modest, but the Peninsula Hotel will only have a heritage in the future.

In terms of background, the Ritz-Carlton Hotel is more profound, and those dignitaries and stars in the future may not choose the Ritz-Carlton Hotel.

I believe that when the time comes, the appearance of the two hotels will definitely bring a huge impact to the Peninsula Hotel!

Who told the old man not to listen to his advice and not to open a Chinese restaurant in the Peninsula Hotel, it is extremely hateful!

After wandering around the center of the Yangtze River for half a day, Wu Guangyao left with a lot of satisfaction.

It will take at least half a year for the Yangtze River Center to truly open, and there will be follow-up preparations such as investment promotion and decoration.

However, a good meal is never too late!

 …

The Yangtze River Center has attracted investment, which has caused huge waves on Hong Kong Island. After all, commercial buildings are unheard of in this era, not to mention such a huge building complex, which attracts countless attention.

Every day, a large number of people come to the center of the Yangtze River, either curious or inquiring.

"What is the rent price of your shops here?" A clothing store owner asked.

"2.5 Hong Kong dollars per square foot, there is a trial period of half a year, and the trial period only costs half the price!" The staff introduced.

"What? Why is it so expensive? This price is the price of a store in the central area of ​​the island. How dare a place like you ask for this price!" The businessman almost cursed.

"Sir, Kowloon is a tourist area. Last year, the number of people was as high as 150,000; and after we opened here, it became the most prosperous place in Kowloon. Countless tourists flocked here. It is definitely not lower than the traffic in the Central District. You may not Understand the meaning of the commercial body, let me explain it to you......"

After listening to the staff's explanation, the businessman suddenly realized that this is really interesting!

"Is there a half-year trial period? Then I can choose not to renew the lease after half a year?" This is the real reason why the businessman dares to give it a try. The half-year trial period only costs HK$1.25 per square foot. It's a good deal.

"Of course, Cheung Kong is confident that we will make this place a shopping paradise in Kowloon. After half a year, you can choose to stay or stay."

"Then take me to choose a store!"

The main targets of the Yangtze River Center investment are department stores, clothing, jewelry, watch stores, retail, cosmetics, restaurants, coffee shops, etc. There are hundreds of shops large and small.

All the companies under Wu Guangyao moved in. Uniqlo, Armani, Warren Tino, and Lao Fengxiang chose the best location first.

Zheng Yutong came to the Yangtze River Center, and under the leadership of the staff, he went to the shopping center to choose shops.

At this time, although Chow Tai Fook Jewelry did not have a diamond license, it was already selling diamond jewelry; the source is probably a high-priced diamond purchased at the London headquarters of De Beers.

From Zheng Yutong's perspective, he can naturally see the potential of the commercial complex in the center of the Yangtze River, so he came to choose a store;

After all, if the Yangtze River Center really gathers tourists here, wouldn’t it make Lao Fengxiang’s jewelry a fortune.

"Miss, which store did Laofengxiang Jewelry choose?" Zheng Yutong asked suddenly.

Would it be better if she was next to Lao Fengxiang Jewelry, Zheng Yutong thought at this time.

"Sir, the jewelry stores in the center of the Yangtze River cannot be close together, and I really don't know which store Lao Fengxiang Jewelry chose."

Zheng Yutong was not annoyed when he heard it, and chose a shop he liked.

As for the decoration, Yaocheng Decoration, a subsidiary of Cheung Kong Industrial Co., Ltd., is in charge. The interior decoration is almost uniform, but tenants can make some small comments.

Many real estate developers came to visit the Yangtze River Center commercial complex, and they couldn't help but feel admiration. This building complex is so grand and beautiful!

But after Keswick Landmark saw it, a sense of tension arose. Cheung Kong's strength was so powerful that it had already posed a threat to Landmark.

Although Hongkong Land has many properties in the Central District, they have basically not been developed, or only 6-8 storey high-rise buildings; compared with such high-rise buildings as the Yangtze River Center, they immediately pale in comparison.

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