I Want To Be a Rich Man on Hong Kong Island

June, Hong Kong Island.

The Hong Kong government announced that it would auction off the "Land King" in the coastal area of ​​the Central District, which immediately aroused the eyes of the US consortium, European consortium, Japanese consortium, and Jardine Matheson.

With the continuous skyrocketing property prices and rents on Hong Kong Island, land prices have also been stimulated soaring, reaching new highs repeatedly in official land auctions in the first half of the year;

When the land on Salisbury Road, Kowloon's "Land King", was auctioned in March, Cheung Kong Real Estate sold the land at a premium of less than 40%.

In the following auctions, the premium for each piece of land basically exceeded 40%, and even as high as 70%.

This time the Hong Kong government took out the coastal land in the Central District, and its purpose was obvious, it was to take advantage of the situation and bid a high price;

This piece of land was the land of Jardine Building in the previous life, but this life is destined to miss Jardine!

The total area of ​​"Land King" in the Central District is 53,000 square feet, the starting price is 130 million Hong Kong dollars, and the price per square foot is 2,450 Hong Kong dollars per square foot;

It can be said that the starting price alone exceeded the transaction price of Kowloon's "Land King", which shows how valuable the coastal land in the Central District is.

Jardine Matheson

Keswick said to the senior executives of Hong Kong Land Company: "We must get this piece of land. The Central District was originally our nest of Land Development. With the insertion of Chinese Wu Guangyao these years, our properties in the Central District have been chased by him. Come on, it's a shame!"

The executives of Landmark were silent, and Keswick suddenly felt as if the ball had been deflated!

The morale is completely low, which is the mood of Yingzi facing Wu Guangyao now.

Keswick suppressed his anger, and said in a deep voice, "What price do you think we can afford to auction off this piece of land?"

Niu Bijian, who has just been promoted to the executive director of Jardine, said: "Hongkong Land has many properties in the Central District, but these properties need to be demolished and rebuilt to reflect their value. If the Central District reconstruction plan is launched, it is estimated that more than 1 billion Hong Kong dollars will be needed. Then, regarding the auction of the 'Land King' in the Central District, I think 280 million Hong Kong dollars is our limit."

A senior executive echoed: "The American-funded consortium is bound to win. If the only American-funded consortium is our opponent, we can make the auctioneer drop the hammer faster; but everyone knows that Wu Guangyao will definitely win." Participating in this kind of 'Land King' auction, and he has always only bid at the first hammer, we have no chance to cheat at all!"

The executive said this, which made all the executives in the conference room blush, especially Keswick!

Wu Guangyao seemed to know Jardine's move, so he behaved like this, it was a weird thing in the auction house!

Keswick finally said helplessly: "Okay, the meeting is over!"

 …

Cheung Kong Building

Wu Guangyao said to Shi Jun: "The Hong Kong government is addicted to selling land!"

Shi Jun smiled and said: "That's right! In the first half of this year, the Hong Kong government has auctioned 28 pieces of land, setting a record in the history of Hong Kong Island. These 28 pieces of land have brought a full 1.2 billion Hong Kong dollars in revenue to the Hong Kong government. I don’t know how much of this money has been used on the citizens of Hong Kong Island!”

Wu Guangyao waved his hand and said, "Don't worry about this. Hong Kong does not have to pay taxes to the UK, and the cost of the garrison is not paid by the Hong Kong government, so the money will still be used on Hong Kong Island. The British make money in Hong Kong Island very secretly. They are all carried out through which foreign firms, and the Hong Kong government just gives convenience to these big foreign firms."

Shi Jun nodded and said with a sigh: "I can imagine how much wealth we Chinese would have lost in Hong Kong Island if the boss hadn't come to Hong Kong Island. It's almost the 1970s. Except for the boss, none of us Chinese can compete with Ying. Competitive people."

No wonder Shi Jun lamented that in the auction field in the first half of this year, only 10 of the 28 land were auctioned by the Chinese;

Of the 10 pieces of land that were auctioned by the Chinese, another 6 pieces of land were taken by Wu Guangyao's Cheung Kong Real Estate, including Kowloon's "Land King".

It is conceivable that without the appearance of Wu Guangyao, how much rent the future Chinese would have to pay and how much money they would have to make for foreigners.

Wu Guangyao said: "After the auction of this piece of land, it will be put into construction immediately. I plan to build the tallest building in Asia with a height of 55 floors."

Shi Jun was shocked, and quickly realized that this building is destined to have no fate with Cheung Kong Industries!

Only the boss's own funds can have such a large amount of money.

 …

On the day of the auction, there were nearly a hundred reporters waiting outside the auction site. It can be seen that the influence of the "Land King" in the Central District is so high that even the Kowloon tourist area cannot compare.

"Mr. Wu, can I accept an interview?" Undoubtedly, these reporters focused a lot on Wu Guangyao today.

Wu Guangyao only needs to walk near the crowd and accept a simple interview.

"Mr. Wu, if you win this piece of land this time, then Hongkong Land's position as the king of the Central District must be yours. How do you feel?" said a reporter.

"I don't seem to have thought about this question! However, Landmark, which has lived in Hong Kong Island's real estate giant for a long time, has not achieved satisfactory development performance in the past 10 years, and its momentum is not even as good as the rising star Swire Pacific; When he first came to Hong Kong Island from the UK, he was just an unknown and poor man. With diligence, shrewdness and opportunities, he developed into a rich man, founded Wharf, built land, and established Hongkong Electric. This is the real enterprising man. "Wu The implication of Guangyao is that the current land development is too conservative, and there is nothing comparable to an enterprising person like me!

The reporters felt as if they had been beaten to death. Isn't Wu Guangyao's words just to let everyone develop freely?

Of course, it is impossible for everyone to develop indiscriminately. The person in charge of the Oriental Media Group is not a vegetarian, but the company!

Walking into the auction site and receiving the number plate, Wu Guangyao found a seat and sat down, waiting for the auction to start!

Today's 'Lord King' may be very eager to get it, and everyone is not in the mood to talk, and they all wait for the auctioneer to enter the venue.

After a while, the auctioneer and people from the Hong Kong government came to the venue together, and the auctioneer explained the rules to everyone.

The auction is officially underway!

At the beginning, Wu Guangyao did not raise the price, because Jardine did not raise the price either. In Wu Guangyao's view, only Jardine had the opportunity to collude with the auctioneer, so the rest of the bids did not reach the second hammer. Wu Guangyao was not worried about the auction at all. The teacher hammered too fast!

In addition, the historical auction price of this piece of land is 258 million Hong Kong dollars, so today's result is only high but not low.

"No. 12 Cheung Kong Real Estate... 200 million Hong Kong dollars!" The auctioneer's passionate voice came!

This was Wu Guangyao's first bid, so the auctioneer was certainly excited!

"No. 16 Land Company... 202 million Hong Kong dollars!"

"No. 8 Mobil Consortium...205 million Hong Kong dollars!"

When the auctioneer saw the three seeded players joining the battle, he immediately raised his tone of encouragement a lot!

20 minutes later

"The third transaction of HK$290 million! Congratulations to Cheung Kong Real Estate!"

No accident, Wu Guangyao got the land he dreamed of!

I just don’t know how Hongkong Land will react when it loses the land it ‘should’ belong to!

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