The Wealth Empire Crossing the Hong Kong

Chapter 485 Rejection of the plan
Sham Shui Po, the former industrial manufacturing center of Xiangjiang, with the migration of low value-added labor-intensive industries, its status has plummeted, and a large number of unemployed citizens have also caused many problems.

Only with the introduction of a series of policies by the Bryan government, Sham Shui Po immediately became a new center for the layout of many real estate companies.

In particular, the proposal of Heung Kong Education and Heung Kong New Commercial Center, along with the commencement of construction of Heung Kong Medical University, Sun Hung University, Far Eastern University, and New Asia University, has ushered in a strong rebound in Sham Shui Po under the sluggish property market in Heung Kong.

On only 1047 hectares of land, the four major universities, Wheelock Square, the Affiliated Hospital of Xiangjiang Medical University and the Affiliated Traditional Chinese Medicine Hospital of Xiangjiang Medical University occupy nearly 500 hectares.

In addition to various necessary land, the remaining part can only be used for commercial buildings and residential development. Only about 400 hectares, which also makes the land price in Sham Shui Po catch up with Central.

In Li Jianhui's office, Gan Qinglin, who had just assumed the post of president of Xinjian Real Estate, reported on the group's layout in Xiangjiang in the coming period, especially Xinjian Real Estate's layout in Sham Shui Po.

"Li Sheng, I know that Xinjian Real Estate has been focusing on the layout of Yuen Long, Sai Kung, North District, and Dapu District. It is not keen on the layout of Xiangjiang Island, Kowloon City, Sham Shui Po, and Wong Tai Sin.

However, in my opinion, we should also actively participate in the downtown area, especially Sham Shui Po, which is currently more popular. "

"Qing Lin, you can be regarded as an old man in the real estate management department of our Xinjian Department, you should be clear about our positioning for Wheelock, Hutchison Real Estate, and Xinjian Real Estate.

Don’t say that the land we reserve in Sham Shui Po has been used up by Hong Kong Medical University, two affiliated hospitals, and Wheelock Plaza. Even if there is land reserved, it is for Hutchison Land to develop high-quality residential areas or villas, not for It is used by Xinjian Real Estate. "

Kam Hing Lam is naturally aware of the positioning of Yan Jian Real Estate, and the layout of the Sham Shui Po market does not necessarily require development in Sham Shui Po.

He explained his plan to Li Jianhui in detail. Because of the limited area of ​​Sham Shui Po and the planning of the Bryan government in Sham Shui Po, Xin Jian Real Estate will not enter the Sham Shui Po District, but in Kwai Tsing, which is next to Sham Shui Po. Area layout.

The area there is much larger than that of Sham Shui Po, and the subway from Kowloon to Tsuen Wan via Sham Shui Po and Kwai Chung has been opened. With the assistance of Kowloon buses, the traffic is no problem at all.

At present, in this area, some real estate companies under Xianghuahui are developing slowly, and the pressure of competition is not too great. Xinjian Real Estate can build a new city if they enter.

Moreover, the Whampoa (Tsing Yi) Shipyard under the Xinjian Department is located in Kwai Tsing. Xinjian Real Estate's investment here can also allow the employees of the Whampoa Shipyard to settle nearby.

As for the issue of housing sales, Gan Qinglin is not worried at all, because Bryan’s policy restrictions in Sham Shui Po will lead to a shortage of housing in Sham Shui Po. Xin Jian Real Estate will build a new town in Kwai Tsing, which will inevitably attract a large number of Sham Shui Po residents to settle down .

Gan Qinglin thinks that the plan is quite good, Xinjian Real Estate will definitely make a lot of money after completing this investment, but it is a pity that he does not know that the four major conferences of Donghua, Xinhong, Xinya, and Xianghua have previously reached an agreement.

Tung Wah Club focuses on Yuen Long, Sai Kung, North District and Tai Po, Hong Wah Club focuses on Kwai Tsing and Kowloon City, Sun Hung Club focuses on Tuen Mun and Tsuen Wan, and New Asia Club focuses on Wong Tai Sin and Kwun Tong.

Although several years have passed, this agreement still plays a significant role at the beginning. The other three consortiums have not entered the key layout areas of the Donghua Association on a large scale. Of course, the Donghua Association has always focused on their own layout in recent years. region without encroaching on a large scale into several other regions.

In Sham Shui Po, because all parties wanted to build it into a large-scale residential area at the beginning, all parties did not want to let go, so each company develops according to its own ability.

It’s just that the Bryan government’s move this time has completely disrupted the plans of all parties. Because of the division of regional relations, the main benefit this time is the Xianghua Club. Whether it is Kwai Tsing or Kowloon City, it is close to Sham Shui Po , especially in Kwai Tsing, there are not many large real estate companies developing here.

However, there is a little bit of Xianghua's miscalculation. The good thing of lying and winning did not happen to them. Because Xianghua will invest in the North on a large scale, there is not much land in Kwai Tsing. The Bryan government is in Sham Shui Po With the introduction of the policy, not only land prices in Sham Shui Po soared, but land prices in neighboring Kwai Tsing also rose sharply.

"Qinglin, I know that you are thinking about the development of the group, but in the big environment of Xiangjiang, I can't just see the immediate benefits. I naturally want to make money, but the benefits of establishing Kwai Tsing New City are not worth it. Let's invest.

The focus of Xinjian Real Estate in the past two years is still on Taiwan, Southeast Asia and the Japanese market. At present, Xiangjiang mainly continues to promote the construction of Tianshui City. "

Although Gan Qinglin was a little puzzled in his heart, he knew very well that since Li Jianhui had already made his decision, it was impossible to change it easily.

The plan he had carefully prepared in the past few days has come to nothing. At present, he still needs to learn more about the development of Xinjian Real Estate in Taiwan, Southeast Asia and Japan. The layout of Xiangjiang can only be put on hold temporarily until the property market in Xiangjiang improves. After that, let's plan the development here.

Moreover, he also deeply understands the difference between Xinjian Real Estate and Hutchison Real Estate. As a high-end residential developer, Hutchison Real Estate will only focus on the central urban areas of various regions. Kaohsiung and Japan are currently only deployed in Tokyo and Osaka, and the Southeast Asian market is only deployed in the capitals of ASEAN countries. Even Johor Bahru, which is the center of the Xinjian Department, has no investment from Hutchison Land.

Instead, it is Xinjian Real Estate. Because it is taking the civilian route, most of the investment is in the fringe of the urban area. It buys land at a low price and builds houses on a large scale in order to obtain huge profits.

In the real estate projects built by Xinjian Real Estate, don't expect extravagant greening, lighting, and supporting facilities. The only purpose of Xinjian Real Estate is to provide a place to live for those citizens who are not well-off.

It can be said that Xinjian Real Estate and Hutchison Real Estate are two extremes. Hutchison Real Estate is built for those citizens who pursue comfort and luxury. Greening and infrastructure facilities are in the entire Xiangjiang real estate industry. Few development companies in this area can match on a par.

When he was the president of Hutchison Land before, it was not that he did not invest outside the key layout of the Xinjian Department, and Li Jianhui did not object to this.

Now as the president of Xinjian Real Estate, he also hopes to be like Hutchison Real Estate, but Li Jianhui vetoed the plan as soon as it was proposed.

Because he is only a professional manager, he obviously doesn't know much about the situation of the upper echelons of Xiangjiang. He doesn't know that Xinjian Real Estate is a notorious existence in real estate companies. The key layout areas of all parties can be said to be strictly guarded against him. It is easy to let it enter and impact the local housing prices.

(End of this chapter)