The birth of the Hong Kong Island family

Chapter 9 [Changjiang Real Estate]

Lin Zhichao came to Huarenhang Building, intending to rent an office building and put up the signboard of "Yangtze River Real Estate".

"Lin Sheng, you are so young and promising!" The agent said flatteringly.

Lin Zhichao smiled lightly, he was only 19 years old, even if he dressed up a bit more maturely, he would still look twenty years old. Although there are many bosses who start businesses at the age of 20, few of them have started so high and dare to lease office buildings in Central.

"I'm sorry, let's look at the house directly!"

"Okay, it's not easy for you to follow me to this Chinese Bank building. In the 1910s and 20s, we Chinese businessmen couldn't squeeze into the Central District to work, and foreigners looked down on us Chinese businessmen. Later, after the building was built, we Chinese businessmen gradually gained some wealth and started leasing. This annoyed the foreign businessmen who rented here, and then they protested, but in the end they had no choice but to leave the building. In this way, we Chinese businessmen came to this building one after another, And it gained a firm foothold in Central, so the owner also changed its name to 'Chinese Building', this building is very meaningful."

Lin Zhichao did not blame the intermediary for talking too much. On the contrary, he listened with interest. Although the status of Chinese businessmen at this time had improved to a certain extent, it would not be until the 1970s before they could reach the level of British capital.

The Chinese People's Bank of China Building also has a very important significance in later generations, that is, the "Far Eastern Society" stock exchange was quietly prepared in the Chinese People's Bank of China Building, and finally announced its establishment suddenly.

Because under the circumstances at that time, Li Fuzhao and others were also worried that they would face pressure from the ‘Hong Kong Society’ during the preparatory work, which would affect the establishment of the ‘Far Eastern Society’.

If there was no "Far East Society" and if there was no "Four Meetings", it would be very difficult for Chinese companies to go public and raising funds would be out of the question. How could Chinese capital surpass British capital in the 1970s?

Therefore, the commercial history of Xiangjiang is the struggle history of Huazi, and the history here is very meaningful.

"Is there a lot of rentable office buildings in Huarenxing Building now?"

"Not many, just two. The one that meets your conditions is the only one. And to tell you the truth, many companies from the mainland have recently moved into Hong Kong or opened branches. If this situation continues, the number of office buildings in Central will probably be very high. The supply is going to outstrip the demand. So it’s a good time for you to rent at this time.”

I didn't expect an intermediary to have such insight.

At this time, it may be said that there are signs of these, and only well-informed people can discover them.

When they came to the 6th floor of the Huaren Building, the two walked into an office building of about 800 square feet.

"Look, Lin Sheng, the windows here just overlook Queen's Road, and the view is very good."

Lin Zhichao barely hesitated and glanced briefly.

"Well, indeed. I liked it very much, so I rented it without hesitation!"

At this time, the rent of office space on Queen's Road in Central is HK$0.7 per square foot per month, so the monthly rent for this unit is HK$560, which requires nearly HK$7,000 in rent per year.

By 1948-1949, prices may have tripled, which was the result of supply exceeding demand.

Although he knew this, Lin Zhichao had no intention of using this information to sign for a few more years. The first is that the landlord is not that stupid, the second is that Lin Zhichao's funds are limited, and the third is that he can also earn this increase.

When the agent Hu Zhaoxu heard this, he quickly said: "Lin Sheng is such a cheerful person. He deserves to have a boss like you get rich."

Lin Zhichao smiled and said, "Haha." Seeing that Hu Zhaoxu was an elf, Lin Zhichao felt that he could win over him, so he said, "Axu, are you willing to work with me? I guarantee that I will make no less than you as an intermediary!"

How much money can a rental agent make?

Hu Zhaoxu was stunned and immediately said: "Lin Sheng, what do you do?"

Lin Zhichao saw that if he didn't shake something, others would not be shaken at all, so he said: "I plan to buy land and old buildings, and then build new buildings and sell them. You all know that there are more and more bosses in Xiangjiang, so naturally You should also know the prospects of real estate. If you have ideas, you can come here to make an appointment with me later to discuss the specific treatment in detail."

If you don't force it, it depends on whether Hu Zhaoxu knows people or not.

Hu Zhaoxu said quickly: "Okay, thank you Lin Sheng for your appreciation, I'll go back and think about it!"

There were actually ripples in his heart, and he had the idea of ​​​​talking about it. He saw that Lin Zhichao had a good temperament, and he was planning to start a real estate business, so he was afraid that he had strong capital.

It is suitable to open on Valentine's Day, February 14.

Changjiang Real Estate was established in a low-key manner that day, with a total of three employees including him - Lin Zhichao, Li Gaofu, and Hu Zhaoxu. Of course, recruitment will continue in the future.

However, doing real estate in this era is relatively simple.

For legal and procedural issues, find a cooperative law firm for one-stop service;

For architectural issues, it is better to find a cooperative architect. It is better to have a trustworthy architect. You can add your own ideas and outsource both design and construction;

The rest is a matter of sales, and you just have to plan it yourself.

During this period, the real estate industry in Hong Kong was not developed at all, mainly due to many restrictions:

First, the Hong Kong government stipulates that the maximum residential building cannot exceed five floors, and the general shape of residential buildings is tenement buildings.

Second, real estate transactions in Hong Kong during this period were all sold in units of "buildings" and "buildings", which greatly raised the threshold for property sales. Those who could afford to buy a building were all wealthy businessmen.

Third, there are no "off-plan sales" and "strata sales" during this period, and real estate companies are slow to collect payments, so it is not conducive to real estate development. Even if a building is built, it may not be possible to find a buyer soon.

In short, many restrictions have seriously affected real estate development.

On the other hand, there is a large shortage of housing in Hong Kong. Although the Hong Kong government encourages capital to rebuild damaged buildings after the war, it still does not help.

If Lin Zhichao dares to intervene in the Hong Kong real estate industry, he naturally has a magic weapon. What's more, Hong Kong real estate will rise in the next three years. This alone is enough to intervene in the real estate industry.

"Zhaoxu, the current job of the two of us is to find land or old buildings. We can build two or three tenement buildings, which is the best goal!"

"Okay, boss, I will go out immediately to inquire about information and search for targets, and then report to you."

Lin Zhichao nodded. Hu Zhaoxu is 27 or 28 years old and has been an intermediary for several years. He is always more familiar with the property situation in Hong Kong than him.

"Brother Gao Fu, you go and place a recruitment advertisement now. We need accountants, cashiers, and construction professionals. Also, purchase office supplies."

Li Gaofu took a notebook and recorded Lin Zhichao's request, nodded and said, "Okay, I'll get ready right away."

Lin Zhichao finally said happily: "Although Yangtze Real Estate has just been established, as its name suggests, the Yangtze River does not choose small streams, so it can be vast. The source of the Yangtze River is only a trickle, and it flows eastward and accommodates countless tributaries, forming a vast ocean. In the future, the development momentum of Yangtze River Real Estate will be like that of the Yangtze River, from small to large. The Yangtze River is the mother river of China and the pride of the Chinese nation. The Yangtze River Group in the future should also be proud of the Chinese people. The Yangtze River is mighty. Thousands of miles, with a broad mind, a person who is aspiring to industry should sail thousands of miles, break the waves and move forward to create grand plans and great achievements."

When the two subordinates saw that Lin Zhichao had such great ambitions, they looked at him with excitement and felt that they were following the right boss.

After arranging the work of his two subordinates, Lin Zhichao also carried out other work in an orderly manner. He first planned to contact the law firm he cooperated with to solve the legal issues of what he wanted to do.

Otherwise, Lin Zhichao would not be able to make waves in the real estate industry.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like