Chapter 105 105 [Luxury House in Mid-Levels]
Mid-to-late July
Major newspapers in Hong Kong published the three-tier financial system that the Hong Kong government will implement, and the Hong Kong government wants to take advantage of this system Strengthen the control of financial companies, thereby affecting the overheating of prefectures and cities.
The current Hong Kong government relies on the auction of official land to balance its fiscal revenue and expenditure. Of course, it is unwilling to let the prefecture and city go into decline, but it cannot ignore the suggestions of those members, so it chose an indirect plan.
Luo Qihong put down the newsprint with a heavy expression. In his previous life, this system had brought great side effects, which greatly reduced the short-term deposits of Xiangjiang Finance Company and accelerated the credit contraction.
Xiangjiang's financial companies are not only engaged in loans for the sale and purchase of residential units, shops and other properties, but also participate in various investments. The latter uses users' short-term deposits and even uses high leverage.
Before the three-tier financial system was promulgated, financial companies could still rely on the exchange of short-term deposits to make high-volume investments. However, the promulgation of the three-tier financial system was bound to break this cycle. Financial companies Investments that misappropriated short-term deposits must be withdrawn, which will cut off one of the financial companies' financial resources and may cause other problems for the financial companies.
In a short period of time, there will not be too many problems in the prefecture and city, but Luo Qihong believes that he should speed up development and perhaps avoid this problem.
Suddenly, Luo Qihong's eyes widened and he quickly picked up the newsprint. It actually published the news of 'Sale of Gide Real Estate Company'. Haofeng Real Estate Company holds 53.7% of the equity of Gide Real Estate Company, and The current market value of Gide Real Estate Company is 117 million yuan, but Haofeng Real Estate Company dares to ask for 76 million yuan.
Some time ago, the market value of Gide Real Estate Company was 68.88 million yuan, and the stock price was 1.68 yuan. However, the Lin Zuhui family hyped it up and raised the stock price to 2.85 yuan, which made Luo Qihong a little stunned.
It turns out that these wealthy families in Hong Kong would be so eccentric and violent in raising their own company's stock price. However, this also has some sequelae, that is, it is difficult to ensure the stability of high stock prices.
Of course, Luo Qihong also contributed to this. He bought Gide Real Estate shares in large quantities, which indirectly helped its stock price rise.
“Is this for the Land Company’s acquisition of Xiangjiang Electric Light?” Luo Qihong touched his chin and muttered to himself.
In fact, it is not a wise choice to sell Gide Real Estate Company now. The seller cannot make an acquisition at an unrealistic stock price, because this is a loss-making transaction.
So, it is unlikely that Haofeng Real Estate Company will get the 76 million it wants.
Lin Zuhui slowly sells Gide Real Estate Company so that the interests of Haofeng Real Estate Company can be maximized. Luo Qihong understands this truth, and Lin Zuhui cannot possibly not understand it.
Luo Qihong smiled and said, "It seems that the stock price cannot last long, it is better to be safe."
So, Luo Qihong walked to the phone and dialed the number of Sun Hung Kai Securities Company. Find Bai Jinyan, "It's me! Luo Qihong! Help me sell all the shares of Gide Real Estate Company, try not to be lower than 2.8 yuan per share."
After receiving Bai Jinyan's answer, Luo Qihong hung up. Got the phone.
Siu On Real Estate Company holds 7.79 million shares of Gide Real Estate, with an average purchase price of 1.74 yuan and a cost of 13.5546 million yuan. Among them, the loan from Sun Hung Kai Bank is close to 10 million yuan, and it is expected to earn more than 700 yuan. Thousands of profits.
The reason why there is a loan from Sun Hung Kai Bank is because most of the funds of Siu On Real Estate Company in Sun Hung Kai Securities have been purchased into the shares of Heung Kong Electric Company.
Ulsan Garden, 48 MacDonnell Road, Mid-Levels, Hong Kong
This is a 38-storey high-end residential building, covering an area of 35,000 square feet, with 2-4 residential units on each floor. The unit area shall not be less than 1,600 square feet.
Ulsan Garden is located in Central, a wealthy area in the mid-levels, so the environment and infrastructure are naturally very good and complete.
The real estate agent in a suit with a smile on his face introduced the situation of the residential building unit to the Luo family, "The area of this residential unit is 1,720 square feet, and the price per square foot is 1,460 yuan. The total price is 2.5112 million yuan. But now that our company is doing an event, we can offer a 50% discount, which is 2.385 million yuan. If you eliminate the last digit, it is 2.38 million yuan." Luo Zegui and the other three looked at each other. This price is really staggering. They may not be able to do it in their lifetime. Can afford this house.
When Luo Qihong mentioned changing their house two days ago, they thought they were moving to a new residential building nearby. They also said that they lived well in North Point and did not need to buy another house.
However, Luo Qihong successfully silenced the three of them based on the living environment and other aspects. However, Lin Ya and Luo Zegui still planned to refuse and were prepared to act by ear on the day of buying the house.
At this time, if it were not for their son's face, they would all want to turn around and leave immediately. The price is beyond their understanding.
Actually, this price is on the expensive side. More than 2 million can already buy half a villa in Deep Water Bay, while you can only buy a luxury unit in Mid-Levels.
"Sunsheng, I am also in the real estate business, and I know the current prices in Mid-Levels District very well." Luo Qihong glanced at his family. It was inappropriate to comfort them at this time, as it would lose face to each other, so he focused on bargaining.
“Ulsan Garden was built in 1979, and it has been 3 years since then. Your company has been leasing this unit, but now it wants to sell it at the price of a new house. Is the price wrong?” Luo Qihong He asked with a faint smile.
Real estate agent Sun Zhigang looked stunned and said awkwardly, "I made a mistake. Sorry! It should be 1,280 yuan per square foot. 1,720 square feet requires a house payment of 2.2 million yuan."
"The 50% off just now has not been taken into account." Luo Qihong said, "Including the 50% off, this house costs 2.09 million yuan. Let's erase the last digit and round up to a whole number, 2 million."
" Luo Sheng, I want to ask the company for instructions and will give you a reply later." Sun Zhigang looked at Luo Qihong's smiling expression and didn't know how to explain it.
When Sun Zhi just left, Lin Ya stepped forward and said, "Ah Hong, this 2 million house is too expensive. Why not go back to Saixi Lake in North Point and buy one. It is also a luxury house and the environment is not bad."
" Yes, I think the house over at Saixi Lake is good," Luo Zegui agreed.
Luo Qihong knew the thrifty quality of the older generation and believed that the money was not wasted. He said, "Originally I wanted to buy a villa, but considering that there are some problems with funds now, I settled for buying a villa in the Mid-Levels area. Buying a luxury house now is also an investment, but we just live in it first.”
“The house in North Point has increased a lot, and the one we bought now has a profit of about 40,000 yuan. , the price of luxury houses here is rising faster, and it can rise to 400,000 by then."
When Luo Zegui and Lin Ya heard that it was mainly investment, they stopped talking and started to talk seriously. Check the structure, environment and other conditions of the house here, for fear that buying an unreliable and expensive unit will affect your future sale.
Luo Qihong's words are still half-truth and half-false. He will live here now. When the mainland negotiates the return, real estate will plummet and he will buy a villa. However, he will no longer live with Luo Qixing, so he will live here. The residential unit was given to Luo Qixing.
At the same time, Luo Qihong will buy Luo Qixing a car to take his parents to and from get off work or do other things. After all, North Point is a bit far from here, and taking a bus is really shabby.
Luo Qixing hesitated for a moment, pulled Luo Qihong aside and said, "I want to sell my current house in North Point and buy one in Saixi Lake. What do you think?"
Luo Qihong He took a deep look at Luo Qixing and said with a smile, "Brother, you are so secretive that you actually want to buy a luxury house."
Luo Qixing scratched his head in embarrassment, "I also want to live better, especially today. Came here to look at the house, and it turns out the environment of the mansion is so good.”
Luo Qihong glanced to the side and saw that his parents were still looking at the house carefully, so he said truthfully to Luo Qixing, "This residential unit is for you. I will buy a villa in the future. Now everyone will live here temporarily. As for the one in North Point Let’s sell the house at the end of the year”
(End of this chapter)