Hong Kong's new giants
Chapter 281 [Taking the 'Central Plaza']
At the auction, the auctioneer who presided over the auction was also very excited, because he knew that today was a fight between dragons and tigers.
Before the auction, Xiangjiang's media had already begun to analyze it and came up with a very good prediction.
"Welcome everyone to participate in today's 'Wanchai Land King' auction. Let me first explain the rules to you. The land auctioned today is located on the south side of Harbor Road in Wanchai, with an area of up to 7.78 square feet. According to the regulations of the Planning Department, the floor area here The area can be built up to 140 million square feet, and now we are ready to start bidding, the starting price is 18 billion, and the minimum price increase for each bid is 100 million. Start!"
Next, the major real estate developers are actively asking prices!
Although the media analyzed Chinese Land and Sino Land in advance, the two consortiums were the most likely to win the investment, but in fact, who is not financially strong today.Moreover, everyone did not bid alone, but formed a consortium.
Today, a total of a dozen consortiums joined the auction, including Japanese, Australian, British, and Southeast Asian capitals.
For a while, it was like the Warring States Period!
The price quickly reached 28 billion, and many consortiums had already given up. This price was already too high for them.
Lin Zuhui began to hold up the placard, which instantly attracted everyone's attention.
"28.1 billion"
The price increase was quite satisfactory, and he didn't expect to scare off the enemy with a high price increase, so he increased the price steadily and competed with patience and determination.
Time passed by second by second again, and the auction was full of gunpowder.
On the other side, Huang Tingfang, his son, and Guo Bingxiang looked a little heavy, but the asking price was unambiguous.
Since the beginning of this year, Guo Desheng has also handed Sun Hung Kai over to the three brothers Guo Bingxiang, and retreated behind the scenes. It seems that the two families of Zheng and Guo have negotiated.
10 minute later.
"32.1 billion"
Huang Tingfang yelled out a high price, which immediately caused enthusiastic applause from the auction participants. Lin Zuhui also cooperated, but his eyes were fixed on the auctioneer, so Jingzhou should not be careless.
Bidding continues!
"33.5 billion"
When Lin Zuhui called out a high price, the auction house applauded again, and everyone smiled.
Although I didn't win the bid, everyone is a real estate developer and reporter. The higher the auction price, the better the real estate situation and the more news materials to write about.
On the other side, Huang Tingfang and his son and Guo Bingxiang began to discuss in a low voice, and kept staring at the auctioneer.
The crowd only saw the three of them discussing in low voices, and then quickly joined in to continue bidding, and the people who greeted the auction immediately exclaimed.
But careful people also found that Lin Zuhui didn't look at any competitors the whole time, anyway, he just increased the price, as if he was reading numbers.
Be confident!
He didn't pay attention to everyone at all, anyway, he just kept bidding.
When the price exceeded 33.5 billion in the previous life, Lin Zuhui didn't fluctuate in his heart, because he knew the interests of Huang Tingfang and his son, so he didn't intend the enemy to pity him.
In fact, he also has a reserve price in his heart, which is 45 billion!
"34.1 billion"
"35 billion"
The numbers are still refreshing, and the auctioneers don't know how to describe it anymore. These two are too ruthless!
"35.2 billion"
Lin Zuhui continued to ask for the price. He thought it would continue, but there was no sound from Sino Real Estate, so he couldn't help turning his head to look over.
Then I saw that Huang's father and son and Guo Bingxiang smiled and signaled to quit.
The auctioneer is already [-]% satisfied!
In the last Land King auction, Hang Seng Bank won the auction by [-]% higher than the reserve price, which has already set a new record for Xiangjiang.
Now, the successful auction of Huaren Real Estate at a price [-]% higher than the reserve price is big news!
Everyone stood up one after another, applauding Lin Zuhui's 'Bitter Tiger'.
It's true!
As real estate developers, if someone raises the market price, why not do it!
It can be expected that with the news of today's auction, those real estate speculators will join a new round of "real estate speculation", and even the public will immediately consider buying a house.
Lin Zuhui's reputation is not low, and he is very effective in taking the lead.
"35.2 billion. The third time. Congratulations to Huaren Property and Henderson Land!"
On the way back, Lin Zuhui and Li Zhaoji were in the same car, planning to find a restaurant to get together.
In the car, Lee Shau Kee asked curiously, "Do you have a reserve price?"
Because at the beginning of the discussion, Lin Zuhui said that he could quit at any time, if the price was too high; the implication was that Lin Zuhui didn't want to disclose his highest price, so he didn't ask.
"Yes, 45 billion is my reserve price!"
Lee Shau Kee took a deep breath and asked himself, if he won the bid of 45 billion, he might withdraw.In his opinion, even if it is [-]% of the shares, he still needs an investment of more than one billion yuan.The price is too high, it is better to absorb land in the market as a reserve.
in the afternoon.
In the meeting room of Chinese Land, a meeting was held on the design blueprint of the "Wanchai Land King", and the cooperating design unit - Hong Kong Palmer & Tanner Architectural Design Company and its ally Lee Shau Kee was invited.
Long before the auction, Lin Zuhui had already decided to hold this meeting, and he was very confident.
Although Lin Zuhui is not a professional architect, the scheme of the whole building still has to be done according to his ideas, and the design unit can only design on his basis.
"Let me talk about my thoughts first. The building is 78 stories high and 375 meters high."
"The building looks like a triangle, but it is not a true triangle because its sharp corners are cut off. There are two reasons: firstly, to have more indoor area for use; and more importantly, to avoid It is not only impolite to offend your neighbors by rushing towards them with the tip of your tax profits, but more importantly, it is a bad feng shui."
Everyone nodded, approving Lin Zuhui's appearance idea!
Lin Zuhui went on to say: "Because I want to build a landmark building in Hong Kong and one of the top ten famous buildings in the world, I want to make Central Plaza visible to all districts in Hong Kong and Kowloon. Do you have any design ideas for this?"
When the news of the auction of Land King in Wan Chai came out, Lin Zuhui had already told them to prepare their ideas, and it was time for testing.
A famous designer said: "The lights at night are of course the most eye-catching! Moreover, we can adopt the world's most advanced technology to design changing colors, brilliant lights, dynamic dynamics, creative ideas, and strong courage. , an integrated 'Phantom Color Timepiece'."
Lin Zuhui thought for a while, and quickly agreed: "This idea needs to be designed well, and it is especially important to integrate the most advanced technology. The 90s is the era of technology, and all the designs of our buildings must be the most advanced technology in the world."
As long as the buildings in Hong Kong were built in the 80s, they will not be outdated even in the 21st century, such as the Exchange Square Building.
In fact, in Hong Kong in the late 70s, computer elements had been added to the design of the building (commercial computers). The entire building’s power supply, water supply, fire protection, alarm, air intensity adjustment, and communication systems have all begun to realize computer control.A more representative example is the Gloucester Building, which was built in the late 70s and has already realized technology.
In fact, before the 80s, very few real estate developers in Xiangjiang dared to invest in large-scale commercial buildings, because it was not conducive to the company's capital circulation; because of this, there were small and medium-sized buildings everywhere at that time, and it was also the reason why large real estate developers began to merge buildings later. Preparing to build a first-class commercial building provides conditions.
The design meeting on the 'Central Plaza' was fully in the evening, and everyone was still unsatisfied. Lin Zuhui invited everyone to have dinner together.
He attaches great importance to this project. First of all, the investment is not low, conservatively at 53 billion to 55 billion;
Secondly, Hong Kong's landmarks and the world's top ten famous buildings are all proud representatives of the Lin family.
The next day.
Lin Zuhui came to Huazhi Center, because now New Times Group and Huaren Real Estate have offices in one place, so naturally he only needs one office.
The current debt of Chinese Land has increased to 30 billion, but it has the title of "small land" because of its huge rental properties, second only to Hongkong Land and Wharf.
At this time, there were three buildings under construction by Chinese Land: the Jialan Center in Causeway Bay, the Entertainment Building in Central, and the Central Plaza in Wanchai.
These three buildings are undoubtedly high-quality buildings, and the entertainment building with the cheapest price in the future is estimated to be worth 80 billion.Although the Grand Center is located in Causeway Bay, its property is 60 square feet, and the price is 150 billion.
And the most valuable Central Plaza, 400 billion in the future is still no problem!
Although the future value is high, the current construction costs of the three buildings are also very high: Central Plaza 18 billion (estimated), Jialan Center (8 million), and Entertainment Building (5 million), with a total construction cost of about 30 billion , enough to double the debt of Huaren Property.
Of course, there is no need for a one-time investment, and the debt will not be incurred in full immediately, but will be generated in stages.
Lin Zuhui estimated that before the plunge, the return of rent, cash in the account, and securities of Huaren Real Estate is expected to be 15 billion; the sale of scattered properties may also be able to return 20 billion.
Therefore, Chinese property still has a strong driving force.
Don't be afraid of higher debts. After the sharp drop, it is just conducive to the privatization of Chinese real estate.
Picking up the newspaper on his desk, Lin Zuhui took a look. The headline was indeed Chinese Real Estate. The big '45200 yuan per square foot' on the headline was the key point.
The analysis of the article pointed out that: In May 1987, Hang Seng Bank bought the former site of the Central District Fire Station through bidding at a unit price of 5 yuan per square foot, creating the highest land sale record in Xiangjiang; So it broke that record with a unit price of 37200 yuan per square foot, and it was still in Wan Chai.Of course, the large land in Wan Chai means that its price will be higher. After all, it is convenient for real estate developers to do what they want.
Picking up another newspaper, the news on it was somewhat critical of Chinese home ownership.The article pointed out: Four years ago, New World Development won the convention and exhibition center land just across the road without paying a penny, and it was a full 33.5 square feet.It is clear at a glance.
Lin Zuhui put down the newspaper calmly. Isn't this fucking nonsense? It's no wonder he didn't win the convention and exhibition center project because he had traveled ten years earlier.
The point is that the land in the business district of this island is very scarce now, let alone the king of land, it's no wonder that everyone doesn't grab it.
Before the auction, Xiangjiang's media had already begun to analyze it and came up with a very good prediction.
"Welcome everyone to participate in today's 'Wanchai Land King' auction. Let me first explain the rules to you. The land auctioned today is located on the south side of Harbor Road in Wanchai, with an area of up to 7.78 square feet. According to the regulations of the Planning Department, the floor area here The area can be built up to 140 million square feet, and now we are ready to start bidding, the starting price is 18 billion, and the minimum price increase for each bid is 100 million. Start!"
Next, the major real estate developers are actively asking prices!
Although the media analyzed Chinese Land and Sino Land in advance, the two consortiums were the most likely to win the investment, but in fact, who is not financially strong today.Moreover, everyone did not bid alone, but formed a consortium.
Today, a total of a dozen consortiums joined the auction, including Japanese, Australian, British, and Southeast Asian capitals.
For a while, it was like the Warring States Period!
The price quickly reached 28 billion, and many consortiums had already given up. This price was already too high for them.
Lin Zuhui began to hold up the placard, which instantly attracted everyone's attention.
"28.1 billion"
The price increase was quite satisfactory, and he didn't expect to scare off the enemy with a high price increase, so he increased the price steadily and competed with patience and determination.
Time passed by second by second again, and the auction was full of gunpowder.
On the other side, Huang Tingfang, his son, and Guo Bingxiang looked a little heavy, but the asking price was unambiguous.
Since the beginning of this year, Guo Desheng has also handed Sun Hung Kai over to the three brothers Guo Bingxiang, and retreated behind the scenes. It seems that the two families of Zheng and Guo have negotiated.
10 minute later.
"32.1 billion"
Huang Tingfang yelled out a high price, which immediately caused enthusiastic applause from the auction participants. Lin Zuhui also cooperated, but his eyes were fixed on the auctioneer, so Jingzhou should not be careless.
Bidding continues!
"33.5 billion"
When Lin Zuhui called out a high price, the auction house applauded again, and everyone smiled.
Although I didn't win the bid, everyone is a real estate developer and reporter. The higher the auction price, the better the real estate situation and the more news materials to write about.
On the other side, Huang Tingfang and his son and Guo Bingxiang began to discuss in a low voice, and kept staring at the auctioneer.
The crowd only saw the three of them discussing in low voices, and then quickly joined in to continue bidding, and the people who greeted the auction immediately exclaimed.
But careful people also found that Lin Zuhui didn't look at any competitors the whole time, anyway, he just increased the price, as if he was reading numbers.
Be confident!
He didn't pay attention to everyone at all, anyway, he just kept bidding.
When the price exceeded 33.5 billion in the previous life, Lin Zuhui didn't fluctuate in his heart, because he knew the interests of Huang Tingfang and his son, so he didn't intend the enemy to pity him.
In fact, he also has a reserve price in his heart, which is 45 billion!
"34.1 billion"
"35 billion"
The numbers are still refreshing, and the auctioneers don't know how to describe it anymore. These two are too ruthless!
"35.2 billion"
Lin Zuhui continued to ask for the price. He thought it would continue, but there was no sound from Sino Real Estate, so he couldn't help turning his head to look over.
Then I saw that Huang's father and son and Guo Bingxiang smiled and signaled to quit.
The auctioneer is already [-]% satisfied!
In the last Land King auction, Hang Seng Bank won the auction by [-]% higher than the reserve price, which has already set a new record for Xiangjiang.
Now, the successful auction of Huaren Real Estate at a price [-]% higher than the reserve price is big news!
Everyone stood up one after another, applauding Lin Zuhui's 'Bitter Tiger'.
It's true!
As real estate developers, if someone raises the market price, why not do it!
It can be expected that with the news of today's auction, those real estate speculators will join a new round of "real estate speculation", and even the public will immediately consider buying a house.
Lin Zuhui's reputation is not low, and he is very effective in taking the lead.
"35.2 billion. The third time. Congratulations to Huaren Property and Henderson Land!"
On the way back, Lin Zuhui and Li Zhaoji were in the same car, planning to find a restaurant to get together.
In the car, Lee Shau Kee asked curiously, "Do you have a reserve price?"
Because at the beginning of the discussion, Lin Zuhui said that he could quit at any time, if the price was too high; the implication was that Lin Zuhui didn't want to disclose his highest price, so he didn't ask.
"Yes, 45 billion is my reserve price!"
Lee Shau Kee took a deep breath and asked himself, if he won the bid of 45 billion, he might withdraw.In his opinion, even if it is [-]% of the shares, he still needs an investment of more than one billion yuan.The price is too high, it is better to absorb land in the market as a reserve.
in the afternoon.
In the meeting room of Chinese Land, a meeting was held on the design blueprint of the "Wanchai Land King", and the cooperating design unit - Hong Kong Palmer & Tanner Architectural Design Company and its ally Lee Shau Kee was invited.
Long before the auction, Lin Zuhui had already decided to hold this meeting, and he was very confident.
Although Lin Zuhui is not a professional architect, the scheme of the whole building still has to be done according to his ideas, and the design unit can only design on his basis.
"Let me talk about my thoughts first. The building is 78 stories high and 375 meters high."
"The building looks like a triangle, but it is not a true triangle because its sharp corners are cut off. There are two reasons: firstly, to have more indoor area for use; and more importantly, to avoid It is not only impolite to offend your neighbors by rushing towards them with the tip of your tax profits, but more importantly, it is a bad feng shui."
Everyone nodded, approving Lin Zuhui's appearance idea!
Lin Zuhui went on to say: "Because I want to build a landmark building in Hong Kong and one of the top ten famous buildings in the world, I want to make Central Plaza visible to all districts in Hong Kong and Kowloon. Do you have any design ideas for this?"
When the news of the auction of Land King in Wan Chai came out, Lin Zuhui had already told them to prepare their ideas, and it was time for testing.
A famous designer said: "The lights at night are of course the most eye-catching! Moreover, we can adopt the world's most advanced technology to design changing colors, brilliant lights, dynamic dynamics, creative ideas, and strong courage. , an integrated 'Phantom Color Timepiece'."
Lin Zuhui thought for a while, and quickly agreed: "This idea needs to be designed well, and it is especially important to integrate the most advanced technology. The 90s is the era of technology, and all the designs of our buildings must be the most advanced technology in the world."
As long as the buildings in Hong Kong were built in the 80s, they will not be outdated even in the 21st century, such as the Exchange Square Building.
In fact, in Hong Kong in the late 70s, computer elements had been added to the design of the building (commercial computers). The entire building’s power supply, water supply, fire protection, alarm, air intensity adjustment, and communication systems have all begun to realize computer control.A more representative example is the Gloucester Building, which was built in the late 70s and has already realized technology.
In fact, before the 80s, very few real estate developers in Xiangjiang dared to invest in large-scale commercial buildings, because it was not conducive to the company's capital circulation; because of this, there were small and medium-sized buildings everywhere at that time, and it was also the reason why large real estate developers began to merge buildings later. Preparing to build a first-class commercial building provides conditions.
The design meeting on the 'Central Plaza' was fully in the evening, and everyone was still unsatisfied. Lin Zuhui invited everyone to have dinner together.
He attaches great importance to this project. First of all, the investment is not low, conservatively at 53 billion to 55 billion;
Secondly, Hong Kong's landmarks and the world's top ten famous buildings are all proud representatives of the Lin family.
The next day.
Lin Zuhui came to Huazhi Center, because now New Times Group and Huaren Real Estate have offices in one place, so naturally he only needs one office.
The current debt of Chinese Land has increased to 30 billion, but it has the title of "small land" because of its huge rental properties, second only to Hongkong Land and Wharf.
At this time, there were three buildings under construction by Chinese Land: the Jialan Center in Causeway Bay, the Entertainment Building in Central, and the Central Plaza in Wanchai.
These three buildings are undoubtedly high-quality buildings, and the entertainment building with the cheapest price in the future is estimated to be worth 80 billion.Although the Grand Center is located in Causeway Bay, its property is 60 square feet, and the price is 150 billion.
And the most valuable Central Plaza, 400 billion in the future is still no problem!
Although the future value is high, the current construction costs of the three buildings are also very high: Central Plaza 18 billion (estimated), Jialan Center (8 million), and Entertainment Building (5 million), with a total construction cost of about 30 billion , enough to double the debt of Huaren Property.
Of course, there is no need for a one-time investment, and the debt will not be incurred in full immediately, but will be generated in stages.
Lin Zuhui estimated that before the plunge, the return of rent, cash in the account, and securities of Huaren Real Estate is expected to be 15 billion; the sale of scattered properties may also be able to return 20 billion.
Therefore, Chinese property still has a strong driving force.
Don't be afraid of higher debts. After the sharp drop, it is just conducive to the privatization of Chinese real estate.
Picking up the newspaper on his desk, Lin Zuhui took a look. The headline was indeed Chinese Real Estate. The big '45200 yuan per square foot' on the headline was the key point.
The analysis of the article pointed out that: In May 1987, Hang Seng Bank bought the former site of the Central District Fire Station through bidding at a unit price of 5 yuan per square foot, creating the highest land sale record in Xiangjiang; So it broke that record with a unit price of 37200 yuan per square foot, and it was still in Wan Chai.Of course, the large land in Wan Chai means that its price will be higher. After all, it is convenient for real estate developers to do what they want.
Picking up another newspaper, the news on it was somewhat critical of Chinese home ownership.The article pointed out: Four years ago, New World Development won the convention and exhibition center land just across the road without paying a penny, and it was a full 33.5 square feet.It is clear at a glance.
Lin Zuhui put down the newspaper calmly. Isn't this fucking nonsense? It's no wonder he didn't win the convention and exhibition center project because he had traveled ten years earlier.
The point is that the land in the business district of this island is very scarce now, let alone the king of land, it's no wonder that everyone doesn't grab it.
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