Chapter 455 The former site of the Central Naval Base
“Yang Wendong invested heavily in Singapore, where is the Hong Kong real estate market?”
“With an investment of HK$100 million, Changxing Group intends to build a new investment base!”< br>
“Fragrance Hong Kong’s economy is in decline, why do Chinese consortiums still invest heavily in other places?”
On November 15, when Yang Wendong returned to Hong Kong, various newspapers began to report on the matter, involving Yang Wendong, Hong Kong real estate, and the economy. Everyone is paying close attention to issues such as this.
After all, starting from January this year to the end of the year, house prices in many places have dropped by half on average, and even by 30% in some cases. Too many people have suffered heavy losses. Whether they are high-level takeovers or ordinary people who own their own property, they all hope that Hong Kong's economy can recover sooner.
"Oh, 100 million Hong Kong dollars. If this money is invested in Hong Kong, then housing prices will probably rise a bit." After buying a newspaper at a newsstand, a middle-aged man read the first page He sighed after the content.
"Lao Zhang, don't count on it. The real estate tycoons in Hong Kong are no longer investing." A young man beside him said with a smile: "The Hong Kong government can't even sell land now. Finally, someone bought it, but the Hong Kong government broke the contract and took it back. It was so funny. "
Lao Zhang said: "Xiao Wang, This matter is not that simple. The person who bought the land was Huo Yingdong, who has a close relationship with Beibian recently. "
" Oh," Xiao Wang nodded and said, "Big shot. We don’t know about it, but the house price is indeed too expensive. My store is full of people selling houses, and there are not many people buying houses.”
"Yes, business is not easy to do. Even the hotel business has been checked." Lao Zhang continued: "One hundred million, give me one thousandth and I can stop working for the rest of my life."
"Then Not necessarily, one hundred thousand now will be worthless in the future. "Xiao Wang added: "In fact, buying a house is still the most stable, but I don't know when the price will bottom out."
Old Zhang Zedao: "If you know this, you can really make a lot of money by borrowing money."
Xiao Wang said: "Stop dreaming and go back to work."
Many people gathered in front of various newsstands in Hong Kong to discuss this matter, especially in the Hong Kong Island area. Relatively speaking, the people living here have some assets and real estate, and are very concerned about the fluctuations in the real estate market.
"It seems that Yang Wendong's judgment that Hong Kong's housing prices have not reached the bottom, otherwise he would definitely invest in Hong Kong."
"His judgment may not be accurate, right?"
"No one can be accurate, but others have been before. I liquidated my properties on a large scale in the second half of last year, and then the real estate market failed at the beginning of this year. Do you think his judgment is credible? ”
“It makes sense, so our company should not think about bargain hunting for the time being. ”
Li Jiacheng, wearing black-rimmed glasses, After reading the newspaper, he laughed and said: "It seems that I don't have to worry about whether to buy the bottom now."
"Aren't you sure that housing prices haven't reached the bottom yet?" Zhuang Yueming asked puzzledly,
"I did judge this way before." Li Jiacheng said: "It's just that I'm not too sure either. , Just based on my feeling, now that Yang Wendong is investing heavily in Singapore, it also means that he is not optimistic about Hong Kong real estate for the time being. "
"This is not necessarily true. Does it mean that people will not invest in Hong Kong if they invest overseas? " Zhuang Yue said with a smile.
Li Jiacheng shook his head and said: "Probably not. With a 100 million investment, even if you can get a loan, you still have to invest 30 to 40 million. Although Changxing Group is large, don't forget that they are Regarding the liabilities in the shipping market, if I were Yang Wendong, I would not dare to continue to invest heavily in Hong Kong in the short term. "You are right to say that, but what if Yang Wendong is wrong?" Zhuang Yueming said again. .
Li Jiacheng said: "Maybe, but the real estate market is actually a matter of confidence. Regardless of external or internal or even policy reasons, as long as many people believe that the market will get better, it will get better, and vice versa.
Now Yang Wen If Dong invests so heavily overseas, it will inevitably lead to many investors not being optimistic about Hong Kong real estate. In this way, things that were originally uncertain may become certain.”
“This is true, just like banks. It's like a run." Zhuang Yueming nodded.
Hong Kong has had several runs in recent years. That’s it. No matter whether the rumors are true or not, once a run occurs, it is a real run. If there is no other capital to help, the consequences will be a narrow escape. Liao Chong Hing Bank Although he resisted, his family business was completely ruined.
Li Jiacheng then said: "Let's continue to wait now and wait and see again."
At noon that day, Yang Wendong also read some newspapers and checked the current reaction of Hong Kong society. As the most financially powerful Chinese consortium in Hong Kong, every move can affect the Hong Kong economy, so he is also very concerned about it.
"Ding ding ding~" The phone rang, Yang Wendong pressed the button, and the secretary's gentle voice soon came from the other end: "Yang Sheng, Zheng Sheng is here."
"Let him in ." Yang Wendong replied.
After a short while, Zheng Zhijie walked in and said: "Yang Sheng, the land in Singapore has been delivered. I have notified Bei Jinming's team to go there. They will follow the government's requirements. , land conditions and surrounding buildings , to design our Changxing Plaza and Four Seasons Hotel."
"Okay." Yang Wendong nodded and said, "But we also need to find two foils for this matter, otherwise Bei Jinming will have to ask for the price. .”
Although he respects Bei Jinming, a top Chinese architect, in business, he is also a businessman. If you appoint someone to make a separate quotation, who will not kill the prey that comes to your door?
Thinking about it from his perspective, if anyone approaches Yang Wendong to do business in this way, he may do the same, unless he can do long-term business, but he cannot expect others to think the same as him. There are too many people who want to make short-term money. . "That's no problem. I will notify the design companies in Europe and Japan." Zheng Zhijie added: "If this happens too many times and Bei Jinming's team wins the bid every time, it is inevitable that people in the industry will know about our routine. Even Bei Jinming will know that this is not good.”
"It makes sense." After Yang Wendong listened, he thought for a while and said: "In that case, we cannot leave all the future to Bei Jinming. Some buildings must also be given opportunities to other companies.
< br>It’s just that we don’t have many projects in hand at the moment, only these two.”
Just like selecting suppliers in the manufacturing industry, you cannot rely on just one supplier. This is true for any industry.
“Actually, that’s not necessarily the case.” Zheng Zhijie said: “Yang Sheng, I have something to tell you. The Hong Kong government once bid for a piece of land in the middle of the year. This piece of land was previously It is one of the bases of the naval barracks, located in Central.
At that time, the land was acquired by Huo Yingtong, but just last month, the Hong Kong government breached the contract and took back the land. Now Hong Kong. The government sent someone to ask me if we wanted it. They You can sell it to us cheaper."
"The former site of the Central Naval Base?" Yang Wendong thought for a while and said, "I knew this land, and you asked me if I wanted to bid for it."
< br>In the Hong Kong government's fiscal revenue in the 1960s, the proportion of real estate auctions was not as high as in the 1980s, but it was still about 20 points. The decline in real estate and the economic downturn will also lead to a reduction in other taxes. This is an overall effect.
Therefore, at this time, in order to maintain government operations, the Hong Kong government will put up some land in better locations for auction, which can even be said to be at the land king level.
The former naval site in Central is one of them. The location is okay and the area is 39,000 square feet. However, Yang Wendong did not agree at the beginning because the land price was still at its peak and had just started to fall. It would be too much of a loss to bid. Although The location is good, but there is no need to spend nearly 10 million Hong Kong dollars more.
Zheng Zhijie replied: "Yes, half a year has passed and land prices have dropped by almost 35%. Now the Hong Kong government is short of money and is willing to give in a little more. The secretary of the Hong Kong Governor wants us to help. Hong Kong government."
"Is it just our family?" Yang Wendong asked.
Zheng Zhijie said: "No, there is also Land, but Land is obviously not willing and directly refused."
"If the price can be reduced by nearly half, then we can consider it." Yang Wendong thought for a while and said: "In this case, you go talk to them, the price is lower, and if it is suitable, we will buy it, as a favor to the Hong Kong government. . ”
Everything is price. If the location is good, even if it is higher than the lowest point in 1967, it is still acceptable.
Of course, it is also because this old site is not in the core area of Central. Otherwise, he would have taken it down even in 1964. Although there were buildings for sale in Central in 1967, the number was not very large. At any time If he can get one more, it's just one, just like the Central Property he held before, but he didn't sell it in 1964. This is the logic.
Zheng Zhijie agreed and said: "Okay, then I will negotiate with the Hong Kong government to get a suitable price."
Yang Wendong added: "In addition to the price, we also need to negotiate with the Hong Kong government I don’t want any restrictions on starting time or other restrictions. Give me a piece of land, I’ll buy it and pay for it, and then leave me alone.”
Under normal circumstances, the land auctioned by the government has many requirements, such as when to start development, when to end, what is the future self-sustainability rate, etc. However, with the current real estate crisis and the land cannot be sold, it is natural to occupy it yourself. Negotiation advantage.
He wants the land, but he doesn’t want to develop it now because it’s not cost-effective to spend money on building buildings in Hong Kong at this time. It would be more appropriate to wait until 1967 to buy land.
“Okay.” Zheng Zhijie also understood the reason.
"If we can get this land, then when we want to develop it later, we will conduct a fair and fair design bidding according to your wishes." Yang Wendong added: "But if it still belongs to Bei Jinming It’s cheap and practical, so I can only use it.”
“Understood, everything follows business rules,” Zheng Zhijie said with a smile.
They do not have to choose Bei Jinming, but in order to avoid being cheated, they must also introduce other candidates appropriately.
Yang Wendong asked again: "Huo Yingdong was forcibly taken back the land. Is there any inside story that outsiders don't know about?"
This incident is quite scary in Hong Kong. The Hong Kong government actually breached the contract and took back the auctioned land. This is a violation of the "contract" Spiritual;
Although in Yang Wendong's eyes, the Western contract spirit is bullshit. If it is beneficial, the contract will maintain this rule. If it is not beneficial, then throw it aside immediately; but for many outsiders, they still believe it. , like being injected with "Yilin" medicine.
Zheng Zhijie said: "It is said that this matter has something to do with the conflict between Pakistan and India. I don't know the deeper details, and I didn't ask much."
"Then don't ask, it's none of our business." Yang Wendong nodded and said, "It's really not suitable to ask too much about this kind of thing, but I have some relationship with Huo Sheng. If I take his land now, , I have to tell him, In this case, you can make an appointment with him for me to have tea together.”
Some things are indeed not obligatory, but we are all Chinese businessmen in Hong Kong, and Yang Wendong also respects Huo Yingdong, especially after more than ten years. Before transporting medicine to the mainland.
If a piece of land is taken away from his hands and put into your own hands, then let him know in advance. People will know about it anyway.
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(End of this chapter)