Although it is cheap to obtain land, it is not easy to level the site, and many of the projects involved are troublesome.
Li Jianhui and others carefully looked at the nearly 500 hectares of land they had obtained, and finally chose the 55 hectares in the southwest where the land leveling project was smaller.
It is next to the highway from Tin Shui Wai to Yuen Long XS District. The transportation is quite convenient, and the amount of excavation and filling required is relatively small.
As the first project of Xinjian Real Estate, Li Jianhui's requirements are quite high. In addition to a commercial and residential complex, a school hospital will also be built to improve the quality of the project.
Originally, Li Jianhui was planning to implement it in Tseung Kwan O, but he wanted to develop it here first, so he implemented it here first.
As for the approval issues for hospitals and schools, Li Jianhui is not worried about government delays in this regard. After all, these are people's livelihood projects, and the MacLehose government will not cause any trouble to itself.
In order to save land as much as possible, the first phase of Xinjian Real Estate's commercial residential project covers an area of 45 hectares, and the school hospital covers an area of 10 hectares.
Among them, the commercial and residential plot ratio is 7.92, which is almost 8 times the maximum plot rate stipulated by the Hong Kong government.
The first underground floor of each building is used as a parking lot, and there are 32 floors above ground, of which the first and second floors are used for commercial use, and the third to 32nd floors are used for residential use. There are eight households on each floor, and the area of each household is between 600 square feet and 800 square feet.
Regardless, there are also a small number of residences of about 400 square feet.
In the first phase, 150 buildings will be built, with 36,000 homes for sale, enough to accommodate 100,000 people.
With such a residence and such a floor area ratio, it is difficult to make the living environment more comfortable. Currently, except for the wealthy areas in Xiangjiang, the general residential areas are similar to those planned by Li Jianhui, and they are as close as possible to the maximum floor area ratio stipulated by the government.
Relatively speaking, Li Jianhui left enough land for the school hospital. Ten hectares is definitely not a small project in Xiangjiang, especially a few years later, there is a regulation that the government can only sell fifty hectares of land every year. Don't say that at that time
Ten hectares, even one hectare is extremely valuable.
The entire first-phase project, including the school hospital, has a budget investment of HK$2 billion, which has to be said to save Xinjian Real Estate a huge part of the cost in terms of land.
If you were in the prosperous Kowloon of Hong Kong Island, just these 55 hectares of land would not be worth a billion Hong Kong dollars.
Xinjian Real Estate plans to invest HK$600 million this year. This is the amount of money that Li Jianhui's financial elites have calculated several times, without affecting the development of Huihong Group and Xinjian Group.
Looking at the wasteland in front of him, Li Jianhui said to Pan Desheng on the side: "You should communicate with Hutchison Whampoa Architectural Design Company and make the main roads inside as wide as possible. In addition, if possible, make each building
The lighting could be better.”
Li Zaiwei kept slandering him, saying that his boss was not much different from those black-hearted capitalists. The floor area ratio was brought close to the government limit, and Pan Desheng's building was required to have good lighting. There was no way to get the best of both worlds.
Before joining Li Jianhui's company, the house he and his family lived in was similar to the one Li Jianhui currently planned. The floor area ratio was close to 8, and the lights had to be turned on even during the day.
At the beginning of this year, he had saved a lot of money and moved to a new house. He no longer had to turn on the lights when entering the house.
Pan Desheng seemed to have been used to it, and he responded aloud: "Don't worry, Li Sheng, I will pass your request to Pamir Luo Rui. I believe that they will be able to come up with a design that satisfies you."
Chen Yulian looked at this large area of wasteland. She was born in Diaojingling and felt that it was a pity. In her opinion, it was too wasteful to let grass grow like this.
She suggested to Li Jianhui: "Currently, only 55 hectares of our 488 hectares of land have been developed, and there are still 433 hectares that will not be touched. I think it can be used to grow some crops. Even if it is not feasible, we can rent the land to the residents of Tin Shui Wai for planting, and we can provide some benefits."
Xinjian Real Estate creates some income."
Naturally, Li Jianhui could not allow hundreds of hectares of land to grow grass. Forget about those barren slopes, he still had to make use of those flat lands, even those that were originally fields.
He doesn't plan to plant rice. He plans to develop vegetable planting on these hundreds of hectares of land. He owns two major retail department stores, so he naturally wants to move fresh agricultural products into it.
The vegetables grown here will be able to be sold through Watsons and Lane Crawford.
"We are developing the vegetable planting industry in this land, and I plan to establish a dedicated vegetable production company.
In addition to these lands here, the land that we Wheelock Land, Hutchison Land and even Xinjian Land are not currently developing are managed by this company. We cannot let these lands go to waste in our hands.
In the past few years, the three major real estate companies will try to acquire as much land as possible so that our development will not be restricted in the future."
As the head of Li Jianhui's investment, Li Zaiwei has heard the implication. It seems that the group's investment direction also needs to be adjusted, focusing on those real estate companies with large amounts of land in their hands. These will definitely develop well in the future.
He had no objection to Li Jianhui's establishment of a vegetable company, but he said: "Li Sheng, you also know that Xinjian Group is mainly engaged in financial banking, securities investment, and real estate development, construction and sales. It has nothing to do with vegetable cultivation. I'm afraid you
We also need to put specialized people in charge.”
"As long as your Xinjian Group develops this project well, since the project here is in Tianshuiwei, it will be called Tianshui City. From now on, our projects here will be called Tianshui City to the outside world."
Since he wants to do something, Li Jianhui naturally wants to do a good job. He needs to hire professional talents to manage this company. Xiangjiang is just a test site. In the future, he plans to let the company develop in the mainland. Xiangjiang will mainly rely on this company for its future vegetable supply.
.
Before Li Jianhui left Yuen Long, he took a few people to visit the two 14k bosses here, Pan Zhiyong and Li Zhiye.
Real estate development involves many aspects, and it is inevitable that some problems may arise. According to these two big guys, in Tin Shui Wai, basically no one will come specifically to trouble Xin Jian Real Estate.
Chen Yulian is no stranger to these personnel. You must know that most of the key members of 14k and Xingyi'an came from Diaojingling, and some of them were her father's former comrades.
Li Zaiwei was a little better, after all, he often saw Pan Zhiyong, Chen Zhiyong and even a few members of the Xiang family, so he didn't feel anything at all.
Only Pan Desheng, who had been working at Hutchison Whampoa before, only knew these people by their names, and most of them had bad reputations. He had never seen them face to face like this, and he had extremely complicated emotions in his heart.
At this time, he suddenly remembered that his boss was not a self-made boss as the outside world said. His master had given him great help in the early stages of development. There was a huge organization behind him, and now he had a huge say in it.
This can be seen from the attitude of the two people who talked about Li Jianhui today. Not only did they not really regard Li Jianhui as their senior, there was also a trace of respect in their words.