That evening, Li Guangyu met with Li Zhaoji, Guo Desheng and others at the Peninsula Hotel to discuss the development of Sham Shui Po.
To say that the master of building demolition and reconstruction here is Li Zhaoji. Many of his projects at Henderson Land include buying these abandoned factories and old houses and then razing them and rebuilding them. In addition to demolishing their own buildings, Li Guangyu's group also
All of them are developed on new land, and there is no such experience.
When it comes to demolition issues, there are often a lot of troubles involved, and if you don't have much experience, it will cost a lot of money.
It's okay to buy those factories. After all, these businessmen are relatively easy to negotiate with. It's much more difficult for the residents. After all, there are dozens of households in one building. It's okay if you are sensible. But if you are unreasonable, you will be in a lot of trouble.
Fortunately, unlike ordinary developers, Li Guangyu has a lot of resources at his disposal. Wheelock Plaza in Central and Tseung Kwan O are about to be put into use. These two places can provide more than 20,000 jobs, and his own industries can also provide
Thousands of jobs.
And this is his bargaining chip this time. As long as these demolished households agree to relocate within a reasonable range, they will get priority opportunities to work in the two Dadefeng Plazas.
As long as these people are not stupid, they will not refuse. After all, the huge power of the Li Group is not something they can blackmail or provoke. If the request is too much, not only will there be no jobs, but the compensation they will receive may be even lower.
After several years of development in the Japanese property market, Li Zhaoji, Guo Desheng, Li Ka-shing, Cheng Yutong and others have broadened their horizons.
Xiangjiang is the place where everyone started and is based. It doesn’t matter if you make less money from developing projects here. This way you can still have a good reputation, which is more conducive to the development of its industries.
You must know that they now hold more than just real estate companies. They have shares in Towngas, Heung Kong Electric, Heung Kong Bank, Hutchison Whampoa, Peninsula Hotels, Chow Tai Fook Jewelry, etc.
If the citizens of Xiangjiang spend less on housing, they will naturally spend more on other aspects. They will not earn much less because of this.
Moreover, the focus of their real estate development is not in Xiangjiang. There are only five million people in Xiangjiang. They just think about the market in Xiangjiang and cannot develop and grow in Xiangjiang for huge profits.
Especially with a leader like Li Guangyu, Starlight Real Estate Group has built starlight cities in Hong Kong, and each starlight city can provide more than 20,000 houses.
In addition, Li Guangyu has never been short of money. Li Ka-shing and others can roughly make Li Guangyu's profit last year, because the Bank of Hong Kong also followed Li Guangyu's instructions last year. They made more than twice the profit from the funds they invested last year. Last year, they
Each company invested US$500 million, and in November, they got back US$1.845 billion, including capital and profits.
In addition, the Japanese real estate market continues to release assets, and the minimum cash in each of their accounts now exceeds 3 billion US dollars. This is their own, not the group's.
This time in the projects on the Shanghai Stock Exchange, each of them has only invested US$1 billion, and they still have a large amount of funds that have not yet been used.
With so much in their hands, it is not difficult to imagine how much money Li Guangyu has in his hands. As long as Li Guangyu is willing to invest, Starlight Real Estate Group can build dozens or hundreds of Starlight City at one time. The housing prices in Hong Kong are really a big deal for Li Guangyu.
It's a joke, it just depends on whether he wants to suppress it or not.
Li Zhaoji said: "Guangyu, my fourth uncle knows your thoughts. You have always hoped that the citizens of Xiangjiang can live and work in peace and contentment, try to reduce the living costs of Xiangjiang citizens, and make Xiangjiang more prosperous. In this regard, my fourth uncle is very supportive of this.
And you can see further than us on this.
Our business is in Xiangjiang, our roots are also in Xiangjiang, and the future of Xiangjiang is also our future. Just tell us your specific layout plan for Sham Shui Po, and we can make targeted planning."
Li Guangyu said: "You also know that Sham Shui Po has always been the textile industry base of Xiangjiang. Many of the silk spinning and garment industries there have now moved north to Pengcheng. Now there are many abandoned factories here. I hope
We can take down all these abandoned factories as much as possible. When the time comes, the government will replace them for us and connect the land together. We will carry out residential and business planning."
The biggest card in Li Guangyu's hand now is that the government is willing to replace it. Industry can always be converted into business, and it can replace fragmented land into a whole to assist them in layout and development.
Li Zhaoji and others were overjoyed when they heard such conditions. This had never happened before. They believed that if word spread about this, all real estate developers in Xiangjiang would squeeze in.
It’s just that they don’t know that there are conditions for this. Li Guangyu will be responsible for the development of the North District, where he will build Starlight School, Xiangjiang Medical University, the Third Affiliated Hospital, a basketball stadium, and a sports center. In addition, he will donate a large
The training hall is given to the Xiangjiang Sports Association and is used for training of the Xiangjiang Sports Team.
This can only be done better by Li Guangyu. Starlight School is ready, the hospital also has sufficient resources, and Wheelock Plaza will also be built by then.
As for Sham Shui Po, since Wheelock Plaza is already under construction in Yau Tsim Mong District, no more will be built here. Hengyu Supermarket Shopping Center will be built here to meet the shopping needs of Sham Shui Po citizens.
The reason why the Xiangjiang government is so generous this time is that firstly, the government will not lose money from the land replacement. Li Guangyu and others will have to make up the money when the industrial land is converted to commercial land.
The second is that Li Guangyu will definitely suffer losses in the first few years of the development of the North District. Only after the cultural tourism and sports industries develop there can Li Guangyu realize profits.
Let's give a little convenience here and let Li Guangyu invest in the development of the North District. This will be of great benefit to Xiangjiang without any harm.
Guo Desheng said: "Guangyu, this time the Xiangjiang government offers such a good discount. I'm afraid there are some conditions. Tell me, let's see if there is anything we can do to help, and if there are any benefits that we, the elders, can't take advantage of."
, you have to deal with any problem yourself."
Li Ka-shing, Li Zhaoji and others also spoke out and asked Li Guangyu what conditions the Hong Kong government had put forward. They would definitely contribute if they could.
Li Guangyu said with a smile: "Uncle Guo, thank you for your concern. This time the Hong Kong government will not only build Sham Shui Po into the fifth largest center in Hong Kong after Central, Mong Kok, Tin Shui Wai and Tseung Kwan O. It will also build the North District into
Fanling Sheung Shui merged to form the Fen Shui New Town, making it the sixth largest central district in Hong Kong. Many of our groups have developed the Fen Shui New Town."
Of course Lee Siu Kee and others understand the situation in the North District. The Fanling/Sheung Shui new town has been proposed for more than ten years. Unfortunately, because it is far away from the urban area, there has not been much development there. It is far inferior to the Tin Shui Wai and Tseung Kwan O New Towns that later became
Towns, especially the Tin Shui Wai New Town, have continued to expand in area. 70% of the population of Yuen Long is now in Tin Shui Wai.
Tseung Kwan O has also been developing rapidly in recent years, and the second Tin Shui Wai miracle is about to happen, while the Fanling/Sheung Shui new town is still slow.
Now the government has directly merged the two districts of Fanling/Sheung Shui into one district and renamed it Fan Shui New Town. It can be seen that the government attaches great importance to the development there.
It's just that it's not a good time to invest there from a businessman's perspective. There isn't much market foundation there at all. No wonder the Xiangjiang government will give them such great benefits in Sham Shui Po.
He Hongsen said: "Guangyu, I hear what you mean. Fenshui New Town is preparing to build a sports industry city. I don't know what your plan is. I'm afraid it won't be able to survive by relying on the Xiangjiang market alone."
Li Guangyu immediately stated his plan and hoped that He Hongsen could establish a basketball team and a football team in Lisboa, even if he lost money.
He Hongsen agreed to Li Guangyu's proposal without any hesitation. As long as these two major teams do not suffer too much loss, and can also promote his company, Xinde Group can definitely play with it.