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Published at 25th of December 2023 05:19:46 AM


Chapter 221: 【New Real Estate Project】

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Chapter 221【New Real Estate Project】

The project developed by Cheung Kong in Yau Ma Tei—Sheng Shi Hua Ting has attracted the attention of real estate professionals on Hong Kong Island;

Similarly, some people are also watching Wu Guangyao's jokes. After all, if the "God of Wealth" carried a somersault, everyone would feel better.

At this time, the industry is tepid, and everyone is standing still. I didn’t expect that Cheung Kong Industrial and the British-owned foreign company would cooperate to develop 100 five-story residential buildings. Can they be sold?

The answer will soon be clear, because the sales office of Shengshihuating has been built.

An advertisement was the first to cause a sensation on Hong Kong Island-"With a down payment of two thousand Hong Kong dollars, you can live in a new building!"

2000 Hong Kong dollars?

How many people can't believe it, how many people think this is a fantasy!

Foreign-developed real estate, even if you learn Wu Guangyao's installment payment, you still need a down payment of more than 4,000 Hong Kong dollars, so many people have to retire!

The monthly salary of an adult worker on Hong Kong Island is generally around HK$40;

If you count the family income, it is only about 100 Hong Kong dollars. If the down payment is more than 4000, obviously you have to eat or drink for more than three years.

How long have you been to Hong Kong Island? How long have you been stable? How many people can save up to 4,000 Hong Kong dollars?

The answer is obvious!

This time is different. The first floor of Cheung Kong Industrial Development costs only 2,000 Hong Kong dollars. Isn’t it worth tempting?

Hong Kong Islanders who don’t want to live in a building?

Those who can live in buildings are high-income people on Hong Kong Island, and most people live in tin or wooden houses.

The tin room is not only sultry, but also prone to fire. There are several big fires every year, killing many people.

On November 21, 1951, on this day, a huge fire broke out in the wooden houses in Tung Tau Village, Kowloon, Hong Kong Island. The fire engulfed the entire Tung Tau Village, causing more than 500 wooden houses to be burned and more than 10,000 people instantly homeless. Returnable.

So, the housing sales on Hong Kong Island are not good. It's not that Hong Kong Islanders don't want to live in buildings, it's purely lack of money.

This time is different. If you only need 2,000 Hong Kong dollars and a family of 4 labors, you can obviously fight for it.

Changjiang Industrial has reduced the down payment so much, it has increased potential customers several times in disguise, and Hong Kong Island has been discussing it for a while.

In a wooden house, two couples in their fifties, a couple in their twenties, and a boy and a girl with children. The family are having dinner.

"Lao Dou, the real estate company of'God of Wealth' has developed another residential building. I want to take a look!" said the young man.

"Do you want to buy a house? But we don't have a lot of deposits and our income is not high. How can we afford it?" The older man blurted out.

"The newspaper said that only 2,000 Hong Kong dollars can be used to live in a building. The four of us go to work and we have about 150 Hong Kong dollars a month. If we eliminate the expenses, we can save about 100 Hong Kong dollars a month. Fighting hard, there is no problem at all. The house is a fixed asset. No one steals it. It is much safer than saving money." The young man said temptedly. For this wooden house, the young couple is fed up with it, which is very inconvenient.

"2000 Hong Kong dollars, how could there be such a cheap house?" the older woman said incredulously.

"We pay 2,000 Hong Kong dollars in advance, and you can pay back part of the rest every month until you pay off. The total price of the houses developed this time is only 12,000 Hong Kong dollars to 16,000 Hong Kong dollars. "The young man and his parents explained carefully.

For a long time, the older man took a sip of leaf smoke, but he didn't see the smoke spit out, and said in a deep voice, "Then let's go and take a look. Our family has exactly over 2,000 deposits. There is no problem in taking one set."

The next day, at a construction site, several big men also joined the topic.

"Pharaoh, the'God of Wealth' has developed a new real estate, would you like to buy it?"

"Go buy it. Our family has already discussed it yesterday. Let's fight for it and live in a building!"

Workers showed envy. A family that can take out 2,000 Hong Kong dollars is obviously a wealthy class in the lower class. It takes a few years of diligence and thrift for a family to gather this wealth.

"But the house has not been built, just a piece of land, are you not afraid that the "God of Wealth" will take your money and go to be chic?" An abrupt voice came.

Everyone immediately laughed, this worker is so cute!

"You all know that he is called the God of Wealth. Could it be that he will pay you several thousand Hong Kong dollars? Besides, Cheung Kong has opened a villa for sale. I heard that the owners who bought the villas were very satisfied. They said that they are doing real estate on Hong Kong Island. You have to lean against the'God of Wealth'."

"That's right, this real estate has only 500 floors. The'God of Wealth' casually leaked a little. It is more than this money. Could it be that we will embezzle our hard money. Besides, the reputation of the'God of Wealth' is Hong Kong Island." The best thing is that the Hong Kong government is also much worse, so you can put 100 hearts on it!"

Many real estate developers were dumbfounded when they heard the slogan "With a down payment of two thousand Hong Kong dollars, you can live in a new building!"

What a tempting advertisement!

Curiosity drove these real estate developers, when they plan to open the market, they must go to learn.

Just as the people on Hong Kong Island were eagerly looking forward to it, Cheung Kong Holdings once again slogans ‘Buy a house early, wages are rising, but housing prices are ‘not rising’; buying a house late, wages are rising, and housing prices are also rising. ’

A simple sentence that tells the true meaning of life in the past and present!

How many people are always regretting, thinking why they didn’t buy a suite in the first place;

They don’t want to think about it. When the real estate agent first sold you, you pushed it away and walked away unrestrainedly. Who caused that!

This slogan has once again been discussed by the people on Hong Kong Island, and they are all analyzing this sentence!

"Why did you say that you bought a house earlier, the wages are rising, and the housing prices are not going to rise?"

"You are stupid, this sentence means that after you buy the house, the house is yours, and it will increase again, so you don’t need to pay a penny more for you."

"It turned out to be like this. What the'God of Wealth' said is somewhat reasonable. Wages have indeed risen in the past two years, and housing prices have also risen. If we bought a house two years ago, we might have saved a lot of money now. It's money."

"Two years ago, did you have a down payment?"

"no."

Changjiang Industrial has done enough publicity this time, and must sell Shengshihuating quickly, and then return the funds, buy a pair of land and reserve it.

Prosperity Huating's British capital paid off the land at a value of 1.6 million; Changjiang Industrial provided all the remaining expenses, which was valued at a value of 2.4 million;

So the shares are 40% in British capital and 60% in Cheung Kong.

The sale price of the entire building is around 6 million, and the net profit is estimated at 2 million.

In this era, 50% profit is not too much. After all, land prices are cheap now, and house prices are not cheap.

With the boom in real estate, the cost of land prices, construction materials, and labor has increased, but there is no such high profit.

Regarding the update issue, some chapters are 5000 words, which is two chapters, so the author is not lazy! This month, the author has an average of about 7,400 words per day, and the amount of updates should be considered a good starting point.

(End of this chapter)




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