Chapter 654: 【Central Land King】
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Chapter 654 【Central Land King】
In May 1981, after a year of comparative study of plans, Governor MacLehose announced that the plan for building a new international airport on a small island at the northern end of Lantau Island was established. It is estimated that 72 billion Hong Kong dollars will be spent on the construction of the new international airport; The source of funds is jointly funded and developed by the government and private consortia.
The so-called co-funded development refers to the model of the Hong Kong subway project. The Hong Kong government will sell the land and raise funds with private consortia, and directly cooperate with private consortia to develop land;
Not only can the government use the land surrounding the airport (Tung Chung) for development, it can also use the airport railway station to build development rights;
For example, although the airport is located at Chek Lap Kok, a small island on the northern tip of Lantau Island, an airport railway will be built to lead to Kowloon, and a cross-sea bridge will be built to connect to Tin Shui Wai; then the airport railway will pass through Tsing Yi Island, and it will be on Tsing Yi Island. Lots were granted there.
In short, funding is not a problem!
In this life, Hong Kong’s economy is about 30% higher than in the previous life;
If the airport is not built in advance, Wu Guangyao predicts that it will have a very large impact on Hong Kong’s economy;
Therefore, this year, Wu Guangyao has tried his best to promote this matter!
After MacLehose announced the plan, Wu Guangyao has calculated it, eight years in advance, it is a very good time!
Affected by the announcement of the airport plan, Hong Kong’s stock market and the local market reacted again and immediately began to soar;
Among them, the Hang Seng Index surged from 1900 points to 2000 points, breaking through the 2000-point mark for the first time in history;
The Hang Seng Index in the previous life in 1981, the highest record was only more than 1,800 points. Obviously, this life was affected by the Hong Kong economy and it was much higher;
Importantly, the Hong Kong stock market is expected to climb to around 2,300 points. This is Wu Guangyao’s prediction!
In terms of real estate, although there have been signs of adjustment (weakness), since the announcement of the new airport plan, real estate has once again become prosperous;
But there is an abnormality in one aspect, that is, industrial buildings have begun to fall. Many people have not cared about this. Most people think that the Tin Shui Wai factory has affected the entire industrial buildings in Hong Kong.
A few days after the Hong Kong Governor MacLehose announced the new airport plan, the Hong Kong government announced another major event—that is, the land at the Central Bus Terminal will be auctioned at the end of June;
For a time, it caused extensive discussion on Hong Kong Island!
Wu Guangyao called Wu Xianshuo and said: “The Hong Kong government is not stupid! Taking advantage of the announcement of the new airport plan to drive Hong Kong’s stock market and the city, it also announced the auction of the Central Land King, which is our nest.”
Yes, this piece of land is the middle part of Global Building and Cheung Kong Building. The total area is 148,000 square feet.
But in this life, the Wu family has regarded this place as a nest. If someone takes advantage of this place, it will be no less than the Wu family losing an arm.
Wu Xianshuo's face also became serious, and he said in a deep voice: "Father, a real estate professional asserted in the newspaper that the transaction price of this land will be as high as 7 billion Hong Kong dollars!"
Wu Guangyao nodded and said: "7 billion Hong Kong dollars sold, I can still accept it, after all, we are treated as living targets!"
If the transaction is really 7 billion Hong Kong dollars, it is equivalent to 50,000 Hong Kong dollars per square foot (500,000 Hong Kong dollars per square meter), which is the most expensive land in the world.
It is estimated that when the bubble in Japan was severe, the core area of Tokyo was worth this price!
In the previous life, before the auction of this piece of land, some people also predicted that it would reach a price of 7 billion Hong Kong dollars, but Land Land eventually won it at 4.7 billion Hong Kong dollars. The reason is simple. When the land was auctioned, the real estate had already shown obvious signs of adjustment. .
In this life, all the reasons are combined, the transaction price is only high and not low!
Wu Xianshuo said: "Then do we have the highest psychological price?"
Wu Guangyao asked, "What if you have the full power to make this decision?"
Wu Xianshuo fell into short thoughts, and finally said: "10 billion Hong Kong dollars will be my highest psychological price!"
Wu Guangyao smiled and said, "You are generous! Let me give you a suggestion for the price of this auction: If it exceeds 8 billion Hong Kong dollars, but the competitor is Hongkong Land, you should not fight! If the competitor is other Consortium, 10 billion Hong Kong dollars is our highest psychological price."
The best land is valuable;
Therefore, Wu Guangyao will never be overly impulsive!
Wu Xianshuo heard the words and thought about it carefully. Why did his father ‘preferential treatment’ to the land?
Soon, Wu Xianshuo said in surprise: "Is my father trying to connect with Land and Company?"
Wu Guangyao asked, "Could it be that you don't want to?"
Wu Xianshuo said: "I dream of taking the Land Company and privatizing it! The Chater Building, Mandarin Oriental Hotel, Alexandra Building, Prince Building, Gloucester Building, Duke Building, and Landmark Building, these seven The building in the heart of the Central District seems to be a country of its own, and outsiders cannot squeeze in. Of course, our Lane Crawford Building just split the Landmark Tower from the other six buildings."
If you count Wu Guangyao’s snatching of the Cheung Kong Building (land), Lane Crawford Building (not exchanged), and the upcoming auction of the three buildings built by the King of the Central (Exchange Square One, Two and Three), a total of five buildings were taken away building;
In the past life, the Land Company owned 12 Grade A office buildings in this area;
Furthermore, even if Jardine Co. moved out of Hong Kong and sold Land's properties in Hong Kong, none of the twelve buildings were sold, and they were all properties outside of Central.
From this, we can see how high the value and significance of Central are!
Wu Guangyao said: "So, I'm betting! If Land Land really is desperate for those pieces of land, they will borrow heavily; if the property keeps rising, they may be able to escape; once the property falls, it will kill them. By then, Land Land will naturally be at your fingertips!"
In fact, Wu Guangyao dares to bet that Land Land will definitely not bid more than HK$8 billion;
After all, the market value of Hongkong Land is only more than 7 billion Hong Kong dollars. It costs 8 billion for a piece of land, and the subsequent construction costs are at least 5 billion Hong Kong dollars. It is not possible to do business like this!
Since the loss of Wharf (1972), Land Land has worked hard and launched the'Central District Redevelopment Project';
The Chater Building, Mandarin Oriental Hotel, Alexandra Building, Prince Building, Gloucester Building, Duke Building, and Hongkong Land Building were rebuilt, these seven first-class buildings;
Just this year, Land has not only invested in the Miramar Hotel Old Wing Project (3 billion yuan), and the Baibi Mountain Villa Project (2.5 billion yuan);
and also launched a new expansion plan-the demolition and reconstruction of Holland Bank and Youyi Bank in Ice Factory Street (the famous property at No. 9 Avenue in the previous life);
With so many projects, bidding to 8 billion Hong Kong dollars is undoubtedly suicidal!
Finally, I told my son Wu Xianshuo. After all, these big projects, Wu Guangyao’s past life vision is still very important!
At this time, Wu Xianshuo has fully operated the Global Group and the Real Estate Group;
And Wu Guangyao only needs to make some suggestions in major projects, and the rest is basically to let him go!
(End of this chapter)
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Chapter 654 【Central Land King】
In May 1981, after a year of comparative study of plans, Governor MacLehose announced that the plan for building a new international airport on a small island at the northern end of Lantau Island was established. It is estimated that 72 billion Hong Kong dollars will be spent on the construction of the new international airport; The source of funds is jointly funded and developed by the government and private consortia.
The so-called co-funded development refers to the model of the Hong Kong subway project. The Hong Kong government will sell the land and raise funds with private consortia, and directly cooperate with private consortia to develop land;
Not only can the government use the land surrounding the airport (Tung Chung) for development, it can also use the airport railway station to build development rights;
For example, although the airport is located at Chek Lap Kok, a small island on the northern tip of Lantau Island, an airport railway will be built to lead to Kowloon, and a cross-sea bridge will be built to connect to Tin Shui Wai; then the airport railway will pass through Tsing Yi Island, and it will be on Tsing Yi Island. Lots were granted there.
In short, funding is not a problem!
In this life, Hong Kong’s economy is about 30% higher than in the previous life;
If the airport is not built in advance, Wu Guangyao predicts that it will have a very large impact on Hong Kong’s economy;
Therefore, this year, Wu Guangyao has tried his best to promote this matter!
After MacLehose announced the plan, Wu Guangyao has calculated it, eight years in advance, it is a very good time!
Affected by the announcement of the airport plan, Hong Kong’s stock market and the local market reacted again and immediately began to soar;
Among them, the Hang Seng Index surged from 1900 points to 2000 points, breaking through the 2000-point mark for the first time in history;
The Hang Seng Index in the previous life in 1981, the highest record was only more than 1,800 points. Obviously, this life was affected by the Hong Kong economy and it was much higher;
Importantly, the Hong Kong stock market is expected to climb to around 2,300 points. This is Wu Guangyao’s prediction!
In terms of real estate, although there have been signs of adjustment (weakness), since the announcement of the new airport plan, real estate has once again become prosperous;
But there is an abnormality in one aspect, that is, industrial buildings have begun to fall. Many people have not cared about this. Most people think that the Tin Shui Wai factory has affected the entire industrial buildings in Hong Kong.
A few days after the Hong Kong Governor MacLehose announced the new airport plan, the Hong Kong government announced another major event—that is, the land at the Central Bus Terminal will be auctioned at the end of June;
For a time, it caused extensive discussion on Hong Kong Island!
Wu Guangyao called Wu Xianshuo and said: “The Hong Kong government is not stupid! Taking advantage of the announcement of the new airport plan to drive Hong Kong’s stock market and the city, it also announced the auction of the Central Land King, which is our nest.”
Yes, this piece of land is the middle part of Global Building and Cheung Kong Building. The total area is 148,000 square feet.
But in this life, the Wu family has regarded this place as a nest. If someone takes advantage of this place, it will be no less than the Wu family losing an arm.
Wu Xianshuo's face also became serious, and he said in a deep voice: "Father, a real estate professional asserted in the newspaper that the transaction price of this land will be as high as 7 billion Hong Kong dollars!"
Wu Guangyao nodded and said: "7 billion Hong Kong dollars sold, I can still accept it, after all, we are treated as living targets!"
If the transaction is really 7 billion Hong Kong dollars, it is equivalent to 50,000 Hong Kong dollars per square foot (500,000 Hong Kong dollars per square meter), which is the most expensive land in the world.
It is estimated that when the bubble in Japan was severe, the core area of Tokyo was worth this price!
In the previous life, before the auction of this piece of land, some people also predicted that it would reach a price of 7 billion Hong Kong dollars, but Land Land eventually won it at 4.7 billion Hong Kong dollars. The reason is simple. When the land was auctioned, the real estate had already shown obvious signs of adjustment. .
In this life, all the reasons are combined, the transaction price is only high and not low!
Wu Xianshuo said: "Then do we have the highest psychological price?"
Wu Guangyao asked, "What if you have the full power to make this decision?"
Wu Xianshuo fell into short thoughts, and finally said: "10 billion Hong Kong dollars will be my highest psychological price!"
Wu Guangyao smiled and said, "You are generous! Let me give you a suggestion for the price of this auction: If it exceeds 8 billion Hong Kong dollars, but the competitor is Hongkong Land, you should not fight! If the competitor is other Consortium, 10 billion Hong Kong dollars is our highest psychological price."
The best land is valuable;
Therefore, Wu Guangyao will never be overly impulsive!
Wu Xianshuo heard the words and thought about it carefully. Why did his father ‘preferential treatment’ to the land?
Soon, Wu Xianshuo said in surprise: "Is my father trying to connect with Land and Company?"
Wu Guangyao asked, "Could it be that you don't want to?"
Wu Xianshuo said: "I dream of taking the Land Company and privatizing it! The Chater Building, Mandarin Oriental Hotel, Alexandra Building, Prince Building, Gloucester Building, Duke Building, and Landmark Building, these seven The building in the heart of the Central District seems to be a country of its own, and outsiders cannot squeeze in. Of course, our Lane Crawford Building just split the Landmark Tower from the other six buildings."
If you count Wu Guangyao’s snatching of the Cheung Kong Building (land), Lane Crawford Building (not exchanged), and the upcoming auction of the three buildings built by the King of the Central (Exchange Square One, Two and Three), a total of five buildings were taken away building;
In the past life, the Land Company owned 12 Grade A office buildings in this area;
Furthermore, even if Jardine Co. moved out of Hong Kong and sold Land's properties in Hong Kong, none of the twelve buildings were sold, and they were all properties outside of Central.
From this, we can see how high the value and significance of Central are!
Wu Guangyao said: "So, I'm betting! If Land Land really is desperate for those pieces of land, they will borrow heavily; if the property keeps rising, they may be able to escape; once the property falls, it will kill them. By then, Land Land will naturally be at your fingertips!"
In fact, Wu Guangyao dares to bet that Land Land will definitely not bid more than HK$8 billion;
After all, the market value of Hongkong Land is only more than 7 billion Hong Kong dollars. It costs 8 billion for a piece of land, and the subsequent construction costs are at least 5 billion Hong Kong dollars. It is not possible to do business like this!
Since the loss of Wharf (1972), Land Land has worked hard and launched the'Central District Redevelopment Project';
The Chater Building, Mandarin Oriental Hotel, Alexandra Building, Prince Building, Gloucester Building, Duke Building, and Hongkong Land Building were rebuilt, these seven first-class buildings;
Just this year, Land has not only invested in the Miramar Hotel Old Wing Project (3 billion yuan), and the Baibi Mountain Villa Project (2.5 billion yuan);
and also launched a new expansion plan-the demolition and reconstruction of Holland Bank and Youyi Bank in Ice Factory Street (the famous property at No. 9 Avenue in the previous life);
With so many projects, bidding to 8 billion Hong Kong dollars is undoubtedly suicidal!
Finally, I told my son Wu Xianshuo. After all, these big projects, Wu Guangyao’s past life vision is still very important!
At this time, Wu Xianshuo has fully operated the Global Group and the Real Estate Group;
And Wu Guangyao only needs to make some suggestions in major projects, and the rest is basically to let him go!
(End of this chapter)
Chapter 654 Central Land KingIn May 1981, after a year of comparative study of plans, Governor MacLehose announced that the plan for building a new international airport on a small island at the northern end of Lantau Island was established. It is estimated that 72 billion Hong Kong dollars will be spent on the construction of the new international airport; The source of funds is jointly funded and developed by the government and private consortia.The so-called co-funded development refers to the model of the Hong Kong subway project. The Hong Kong government will sell the land and raise funds with private consortia, and directly cooperate with private consortia to develop land;Not only can the government use the land surrounding the airport Tung Chung for development, it can also use the airport railway station to build development rights;For example, although the airport is located at Chek Lap Kok, a small island on the northern tip of Lantau Island, an airport railway will be built to lead to Kowloon, and a cross-sea bridge will be built to connect to Tin Shui Wai; then the airport railway will pass through Tsing Yi Island, and it will be on Tsing Yi Island. Lots were granted there.In short, funding is not a problem!In this life, Hong Kong's economy is about 30% higher than in the previous life;If the airport is not built in advance, Wu Guangyao predicts that it will have a very large impact on Hong Kong's economy;Therefore, this year, Wu Guangyao has tried his best to promote this matter!After MacLehose announced the plan, Wu Guangyao has calculated it, eight years in advance, it is a very good time!Affected by the announcement of the airport plan, Hong Kong's stock market and the local market reacted again and immediately began to soar;Among them, the Hang Seng Index surged from 1900 points to 2000 points, breaking through the 2000-point mark for the first time in history;The Hang Seng Index in the previous life in 1981, the highest record was only more than 1,800 points. Obviously, this life was affected by the Hong Kong economy and it was much higher;Importantly, the Hong Kong stock market is expected to climb to around 2,300 points. This is Wu Guangyao's prediction!In terms of real estate, although there have been signs of adjustment weakness, since the announcement of the new airport plan, real estate has once again become prosperous;But there is an abnormality in one aspect, that is, industrial buildings have begun to fall. Many people have not cared about this. Most people think that the Tin Shui Wai factory has affected the entire industrial buildings in Hong Kong.A few days after the Hong Kong Governor MacLehose announced the new airport plan, the Hong Kong government announced another major eventthat is, the land at the Central Bus Terminal will be auctioned at the end of June;For a time, it caused extensive discussion on Hong Kong Island!Wu Guangyao called Wu Xianshuo and said: The Hong Kong government is not stupid! Taking advantage of the announcement of the new airport plan to drive Hong Kong's stock market and the city, it also announced the auction of the Central Land King, which is our nest.Yes, this piece of land is the middle part of Global Building and Cheung Kong Building. The total area is 148,000 square feet.But in this life, the Wu family has regarded this place as a nest. If someone takes advantage of this place, it will be no less than the Wu family losing an arm.Wu Xianshuo's face also became serious, and he said in a deep voice: "Father, a real estate professional asserted in the newspaper that the transaction price of this land will be as high as 7 billion Hong Kong dollars!"Wu Guangyao nodded and said: "7 billion Hong Kong dollars sold, I can still accept it, after all, we are treated as living targets!"If the transaction is really 7 billion Hong Kong dollars, it is equivalent to 50,000 Hong Kong dollars per square foot 500,000 Hong Kong dollars per square meter, which is the most expensive land in the world.It is estimated that when the bubble in Japan was severe, the core area of Tokyo was worth this price!In the previous life, before the auction of this piece of land, some people also predicted that it would reach a price of 7 billion Hong Kong dollars, but Land Land eventually won it at 4.7 billion Hong Kong dollars. The reason is simple. When the land was auctioned, the real estate had already shown obvious signs of adjustment. .In this life, all the reasons are combined, the transaction price is only high and not low!Wu Xianshuo said: "Then do we have the highest psychological price?"Wu Guangyao asked, "What if you have the full power to make this decision?"Wu Xianshuo fell into short thoughts, and finally said: "10 billion Hong Kong dollars will be my highest psychological price!"Wu Guangyao smiled and said, "You are generous! Let me give you a suggestion for the price of this auction: If it exceeds 8 billion Hong Kong dollars, but the competitor is Hongkong Land, you should not fight! If the competitor is other Consortium, 10 billion Hong Kong dollars is our highest psychological price."The best land is valuable;Therefore, Wu Guangyao will never be overly impulsive!Wu Xianshuo heard the words and thought about it carefully. Why did his father preferential treatment' to the land?Soon, Wu Xianshuo said in surprise: "Is my father trying to connect with Land and Company?"Wu Guangyao asked, "Could it be that you don't want to?"Wu Xianshuo said: "I dream of taking the Land Company and privatizing it! The Chater Building, Mandarin Oriental Hotel, Alexandra Building, Prince Building, Gloucester Building, Duke Building, and Landmark Building, these seven The building in the heart of the Central District seems to be a country of its own, and outsiders cannot squeeze in. Of course, our Lane Crawford Building just split the Landmark Tower from the other six buildings."If you count Wu Guangyao's snatching of the Cheung Kong Building land, Lane Crawford Building not exchanged, and the upcoming auction of the three buildings built by the King of the Central Exchange Square One, Two and Three, a total of five buildings were taken away building;In the past life, the Land Company owned 12 Grade A office buildings in this area;Furthermore, even if Jardine Co. moved out of Hong Kong and sold Land's properties in Hong Kong, none of the twelve buildings were sold, and they were all properties outside of Central.From this, we can see how high the value and significance of Central are!Wu Guangyao said: "So, I'm betting! If Land Land really is desperate for those pieces of land, they will borrow heavily; if the property keeps rising, they may be able to escape; once the property falls, it will kill them. By then, Land Land will naturally be at your fingertips!"In fact, Wu Guangyao dares to bet that Land Land will definitely not bid more than HK$8 billion;After all, the market value of Hongkong Land is only more than 7 billion Hong Kong dollars. It costs 8 billion for a piece of land, and the subsequent construction costs are at least 5 billion Hong Kong dollars. It is not possible to do business like this!Since the loss of Wharf 1972, Land Land has worked hard and launched the'Central District Redevelopment Project';The Chater Building, Mandarin Oriental Hotel, Alexandra Building, Prince Building, Gloucester Building, Duke Building, and Hongkong Land Building were rebuilt, these seven first-class buildings;Just this year, Land has not only invested in the Miramar Hotel Old Wing Project 3 billion yuan, and the Baibi Mountain Villa Project 2.5 billion yuan;and also launched a new expansion plan-the demolition and reconstruction of Holland Bank and Youyi Bank in Ice Factory Street the famous property at No. 9 Avenue in the previous life;With so many projects, bidding to 8 billion Hong Kong dollars is undoubtedly suicidal!Finally, I told my son Wu Xianshuo. After all, these big projects, Wu Guangyao's past life vision is still very important!At this time, Wu Xianshuo has fully operated the Global Group and the Real Estate Group;And Wu Guangyao only needs to make some suggestions in major projects, and the rest is basically to let him go!End of this chapter
