The Birth of the Hong Kong Island Family.

Chapter 51 [Start work] (Ask for a monthly ticket!)

On February 2, the third day of the Lunar New Year, it is appropriate to break ground.

In Yau Ma Tei, Kowloon, on the site of the "Old Gas Factory" on Ferry Street, the groundbreaking ceremony was ushered in.

The land covers an area of ​​3.3 square feet, and a total of 20 five-story tenement buildings (originally planned to be 22 floors, each floor is smaller) will be built, with a floor area of ​​1000 to 1080 square feet on each floor; Telford Gardens' is another private housing estate, although it only has 100 floors.

Lin Zhichao knew that the only customers who bought buildings in this period were wealthy businessmen; after all, more than 3 Hong Kong dollars per floor was not affordable for ordinary people.

Therefore, Changjiang Real Estate must fully consider the needs of the customer base - security, privacy, plus public gardens, gazebos, recreational facilities, etc., it can be said that it has fully grasped the psychology of customers.

"Lin Sheng, congratulations, another private housing project!"

Friends who came to join us congratulated Lin Zhichao one after another. Many of them are from the Hong Kong Shunde Chamber of Commerce and Shunde Friendship Association. Because Lin Zhichao was admitted as a member very early and made donations, he knows many businessmen from Shunde.

These businessmen may not be well-known in later generations, but they are also prominent figures in Hong Kong at this time, such as He Xiangmian, the boss of Zhenchang Dyeing Factory.Lin Zhichao also knew some Shunde bigwigs, such as Jian Dongpu, He Tian, ​​etc., and did not initiate an invitation, after all, he had already invited him once or twice.

"Thank you for coming and congratulations, it's a great honor."

Immediately, Lin Zhichao chatted with everyone.

He Xiangmian sighed: "Now Lin Sheng is a 'Biaoqing' businessman in Shunde. I can see that your business is advancing by leaps and bounds. I heard that you opened a zipper factory, and the business is booming. The zippers in Southeast Asia, RB, and Hong Kong , are all purchased from you.”

Everyone inquired about the details of Changjiang Industry.

Lin Zhichao quickly said: "Brother He, you have won the prize. My zipper factory only occupies a small part of RB's market. It is true to make money, but now Cheung Kong owes 90 Hong Kong dollars to the Bank of East Asia. Debt is scary."

"Haha, you, Lin Zhichao, are so good that you are cheap. Why is Mr. Jian willing to lend you a loan? It's because he sees the potential of your zipper factory. Paying off the debt is no small matter to you." He Xiangmian had an expression that I knew you made a lot of money.

Everyone nodded, Lin Zhichao had become the "Biaoqing" (excellent person) of Shunde businessmen invisibly, and his influence began to expand.

The problem now is that Shunde businessmen have three associations in Hong Kong—the Chamber of Commerce, the Association, and the Mianyuan Hall, and there is no strong figure, so it is scattered.

Of course, Lin Zhichao would not take the risk, although he may have the strength to integrate in the future; but he feels that being the president of a certain chamber of commerce will inevitably consume a lot of energy, which will affect people's safety.

And he aspires to become a world-class businessman, so naturally he won't spend too much energy on these.He can join many chambers of commerce and charitable organizations, but he will not spend too much energy on these.

"Jane is always a banker, and I mortgaged all my property to him, so I can make a loan." Lin Zhichao continued modestly.

You can let others know what kind of property you have, and you can also let others know that you have made money, but you just can't let others know that you are making a lot of money.

"Haha, you are so fierce at borrowing money, why not open your own bank!" someone suggested.

Lin Zhichao said seriously: "This proposal is not bad! But if it is really open, you should join us!"

Everyone blamed the person who proposed just now in their hearts, but they still said polite words on their lips.

Lin Zhichao does not doubt everyone's "sincerity". If he opens a bank, these Shunde businessmen will definitely take care of him and deposit some funds in his bank.

However, this is because they are fellow Shunde people, so they will only deposit a small part of their funds in his bank. Everyone is more willing to trust big banks such as HSBC, Standard Chartered Bank, and Merrill Bank.

Lin Zhichao can actually replicate Liao Baoshan's success by borrowing money from fellow villagers and small and medium-sized depositors to speculate in gold and develop real estate; as long as the funds are withdrawn at the right time.

In this way, his development speed will be greatly accelerated.

However, Lin Zhichao didn't want to do this. He also wanted to use HSBC as his backer, so he would not set up a bank.At least until he can't get rid of HSBC or British capital (before 1980), he will not enter the banking field.

After being polite with everyone.

Tang Bingyuan also brought Wen Jinmei to join the show, and Lin Zhichao's future father-in-law Tang Zhongyuan also brought his future mother-in-law Song Qiaoling.

Lin Zhichao took the initiative to greet him again!
Tang Bingyuan sighed: "We are still living in rented houses. Unexpectedly, Zhichao has already built hundreds of buildings, which makes people ashamed!"

In fact, it's not that Tang Bingyuan can't afford a house, but that he wants to live in a luxury house in the mid-level area.

However, it is impossible for owners in Mid-Levels to sell their properties, at least not in the past few years, because they can charge high rents and top-up fees.

Lin Zhichao said modestly: "The houses I build are all other people's houses, and the houses I live in are rented."

"Ha ha"

After chatting for a while, the groundbreaking ceremony was officially held.

After the ceremony, everyone bid farewell.

Lin Zhichao found two judges——Huang Shun and Sun Jian, and said: "Uncle Huang and Uncle Jian, the construction site is handed over to you, and you have to watch it for me. This is not a matter of a few years in real estate, but a few years. For ten years, word of mouth is very important. Once it is smashed, it will be difficult to pick it up.”

The two contractors are each responsible for the construction of 10 tenement buildings; of course, they are actually subcontractors now, while the engineering department of Changjiang Properties is the general contractor.

Huang Shun and Sun Jian immediately became serious. They understood that what Lin Zhichao meant was that Changjiang Real Estate would become a famous brand in the real estate industry in Hong Kong. The architectural world has a bad reputation.

There is no need to question the influence of Changjiang Real Estate, and Lin Zhichao is a rising industry leader, so the two nodded seriously.

Huang Shun said: "Boss Lin, don't worry, I have been doing construction for so many years, and I will never do anything that is unconscionable."

Sun Jian also said: "Boss Lin, I am also a veteran in this industry, and I will definitely not do things like smashing signs."

Lin Zhichao immediately said with a smile: "Haha, Uncle Huang, Uncle Jian, I must trust you, otherwise I wouldn't have cooperated so many times."

The two old Xingzun in their 50s were taken aback by Lin Zhichao, and they also lamented Lin Zhichao's old-fashioned behavior.

Cheung Kong Properties opened another 20-building site, which is quite shocking news in the Hong Kong real estate industry.When almost most of the home buyers were "fried four hot meats", Changjiang Real Estate has started two large projects of "more than 20 buildings" in a row, and even sold one of the large sites.

Everyone is thinking about a question, is this model really profitable?

If it makes money, then why does Zhang Jun, the boss of 'Huixin Real Estate' raise money everywhere to start work.

Everyone finally understands that "sales of uncompleted properties" also requires skills, no doubt Lin Zhichao is the one who has skills, and Zhang Jun is the one who has no skills.

But now Lin Zhichao's skills have been learned by everyone, so everyone has become a capable person.

However, the price of land and old buildings has risen too high, and profits have become thinner. Considering the risk of the market, almost all property buyers still choose to "fry the four hot meats".

People prefer to do small land, but also carry out "strata sales" and "off-plan sales". After they are sold out, they start to buy land and old buildings and continue to work on projects.

In this way, it is still much more flexible than before, Xiangjiang has also begun to add a lot of new buildings, and real estate can be regarded as "thriving".

However, real estate is still not a hot spot for making money.

Zhang Jun of Huixin Real Estate also heard that Changjiang Real Estate opened another [-]-storey building, and immediately showed bitterness.

To tell the truth, this time he opened 15 real estate projects, and he has insufficient funds. He not only invites people to cooperate, but also intends to use the "sale of uncompleted properties" to quickly withdraw funds.

Fortunately, 75 floors of the 15-story building were finally sold, and there are still 60 floors waiting to be sold.

Zhang Jun can only raise funds while selling off-plan houses as much as possible. For now, he has passed the tight financial situation.

"I still have to hurry up and sell it in the first half of the year. If I sell it in the second half of the year, I will definitely collide with Telford Garden. With Lin Zhichao's methods, I can't beat him at all." Zhang Jun muttered to himself.

He was frightened by Lin Zhichao. He was almost played to death between Christmas and New Year's last year, so now he has "forest phobia".

As everyone knows, in the second half of the year, Hong Kong's purchasing power is full, and the price may be even higher.

Of course, these are no longer Zhang Jun's business. He only wants to sell the remaining 60 floors in the first half of the year. Although he can earn less than 70 yuan, he can still earn more than 60 yuan.The reason why I earn less is because I borrowed a little high-interest loan.

(End of this chapter)