The rise of Hong Kong's wealthy families

Today's real estate market is crazy. Some people are hyping up entire commercial buildings in Central, which has caused the rents of Central office buildings to rise sharply. For example, the rent of Golden Gate Tower is 13 yuan per square foot, and it may not be possible to rent it.

He Jiahao is a real estate developer, so he is naturally happy to see the results. He is the beneficiary anyway. However, the hot market is a bit alarming, although he knows that the market will not collapse for the time being.

Since it is so popular, the Hong Kong government has launched land in Tsim Sha Tsui, Kowloon Bay, Quarry Bay and other areas, and is preparing to hold official land auctions before the Spring Festival to take advantage of the opportunity to make a fortune.

Among them are three pieces of land reclamation in East Tsim Sha Tsui. Ho Ka-ho plans to join in the fun and acquire at least one piece of land in East Tsim Sha Tsui. In this way, he will own more than 150,000 square feet of land in East Tsim Sha Tsui.

Some time ago, the Mong Kok Center, which was auctioned by Hang Lung, was completed at the end of 1979. After discussions, the building was to be sold in layers. Now it has been completely sold. United Company earned 430 million yuan, and Huamei Real Estate Company received 43 million yuan. The profit of a residential building is not very high now.

In fact, He Jiahao doesn't like jointly shooting land. Although it can reduce the risk, the profit earned is too little, and he is a time traveler. He still has a good grasp of the future market. The risk is basically not much. If 430 million All the profits will belong to Huamei Real Estate, so it will earn even greater funds.

Therefore, Hang Lung wanted to form a joint company again to auction land in Tsim Sha Tsui, but Ho declined politely because it was not a big project and Huamei Real Estate and Manulife Development could afford it, and there was no need to divide the profits.

In this regard, Zheng Yutong and others also expressed that they would not join the joint company, but they all discussed the land bidding issue, and He Jiahao was allocated a piece of land in East Tsim Sha Tsui. As for whether he can get it, it depends on his luck.

This is only to prevent malicious bidding among allies, which will hurt friendship.

Wednesday, February 7

The official land auction held by the Hong Kong government went as scheduled, with hundreds of real estate companies participating, including many powerful foreign-funded companies.

He Jiahao brought Chen Yong from Huamei Real Estate Company and Shen Dingqian from Manulife Development to participate, mainly because Shen Dingqian lacked experience in this area, so he specially brought him here to have a look.

"He Sheng, you have been in a lot of limelight recently. The acquisition battle of Dagu Real Estate has shocked the whole of Xiangjiang." Huang Tingfang said sarcastically.

Huang Tingfang is a rich man in Singapore and has considerable assets in Hong Kong. Naturally, he is not afraid of Ho. Furthermore, Ho has seized a lot of land in East Tsim Sha Tsui, disrupting his plan.

He Jiahao smiled gently and said, "In terms of popularity, Sino Real Estate is number one. As for the acquisition of Dagu Real Estate, I was forced to do so. Now that the real estate market is so good, I still have to allocate funds for acquisitions. It's really a waste of watermelons and sesame seeds." .”

"He Sheng is still young and energetic. Don't be angry when doing business." Huang Tingfang looked like he was teaching his younger generation, and he seemed a little proud.

"Haha, what Huang Sheng is saying is, I'm only 23 years old, how can I be as sophisticated as you." He Jiahao changed the topic, "Huang Sheng has some friendship with the Gu family of Dagu Real Estate, right?"

Hearing this, Huang Tingwang's smile immediately faded and he said, "It's just acquaintance, not friendship."

"Then, Huang Sheng, please give Mr. Gu Jinqi a message. If he refuses to admit defeat, I, as a junior, will give him a 'big gift' every year. Thank you Huang Sheng!" After saying this, He Jiahao led his men into the venue. .

I am young and rich, so I can give you one acquisition every year, but your Dagu Real Estate will not be able to develop.

Huang Tingfang looked at He Jiahao's back, his expression became serious, "Old Gu, why did you get into trouble with this evil god?"

Huang Zhixiang was not convinced and said angrily, "This person is too stingy. Dagu Real Estate just took one of his business."

Huang Tingfang took a look at his son. Compared with He Jiahao, he was not even a little bit worse. Moreover, he did not think that He Jiahao was stingy. He was not allowed to be kind to his enemies, otherwise there would be backlash.

"Just talk about it in front of me. Don't tell anyone about this, especially your friends. He Jiahao is not suitable to be an enemy. He is too young."

"Yes!" Seeing his father's serious look, Huang Zhixiang did not dare to refute.

"Don't forget, this person started from scratch and is completely different from you." Huang Tingfang sighed.

Son is better than son, dad is so angry!

He Jiahao greeted his allies, then found a spacious seat to sit down, waiting for the auction to begin.

"The Huang family's Sino Real Estate is developing well in the New Territories of Kowloon. Its market value has exceeded NT$2 billion. Although there is no business conflict with our Huamei Real Estate, if we can steal business from Sino Real Estate, the company will reach a higher level." Chen Yong suggested that in his opinion, neither Sino Real Estate nor the Huang family can compare with his own boss.

It's not that He Jiahao has never thought about 'robbing' Sino Real Estate, but after in-depth consideration, he automatically rejected the idea, because as a self-made man, Huang Tingfang needs to have vision, courage and courage, and money to choose such a person. Being an enemy is obviously a bad idea. Not only will it delay the development of its companies, it may also be ambushed at every turn, which is not cost-effective.

"We are all Chinese and have to meet each other. We can't make it so ugly." He Jiahao said.

Chen Yong nodded and agreed, "Yes."

"Boss, should we let the Huang family spend some money?" Lu Zhaotian suggested with a smile.

"That's okay. Huang Tingfang should be very happy." He Jiahao said with a smile. It doesn't hurt to make Huang Tingfang feel disgusted.

The two of them also laughed.

Ten minutes later, the auction officially started, and the host said the same opening remarks.

"The first one is an 88,000-square-foot residential land located on Chuk Yuen Road, Lion Hill, with a starting price of 60 million. Each bidding starts now. Boom!"

The auction hammer came down and the bidding began.

"61 million!" A middle-aged man whom he didn't know was the first to call out the price.

"The location of this land is not bad. At least five 25-story residential buildings can be built. Even if the auction price is 100 million, you can still make a profit of more than 200 million." Chen Yong analyzed.

He Jiahao nodded, "Let's bid! The base price is 120 million."

"Yes!" Chen Yong raised the sign and shouted "70 million!"

In the end, Huamei Real Estate Company won the deal for 94 million.

For the next three plots of land, He Jiahao signaled Chen Yong not to bid, but to always give others some opportunities.

"The fifth lot is the land at No. 68 Mody Road in Tsim Sha Tsui East. It covers an area of ​​36,000 square feet and the starting price is 75 million."

This time Chen Yong was the first to hold up a sign and shout "76 million!"

Many people looked at He Jiahao. They knew that He Jiahao had already taken over the land next to him. The only thing missing was this piece of land that was connected together. Now they were shouting a high price because they wanted to enmity with He Jiahao, so they all chose to give up.

However, there are also people who want He Jiahao to spend more money, such as Huang Tingfang.

"80 million!" Huang Zhixiang shouted.

Finally, it was won at a price of 108 million, and the developer was naturally Huamei Real Estate Company.

In fact, the land at No. 68 Mody Road may be taken back if the bidding price is too low. This kind of manipulation by the Hong Kong government has happened many times, so He Jiahao also knew that Huang Tingfang did not bid maliciously.

He Jiahao did not intend to embarrass Huang Ting and his son too much in the next bidding, just let them pay some blood.

"By winning No. 68 this time, the value of the land in our hands will increase a lot. In the future, a flyover will be built to facilitate travel between hotels and shopping malls." Chen Yong sighed.

He Jiahao also nodded happily.