"Jianhui, the government just held a press conference and put forward three conditions. I suggest giving up the previous plan. With so much money invested in the Lung Cheung Road wooden house area, it is better to invest in Yuen Long, Tai Po, North District, Sai Kung and other places. invest.
As the transportation in Xiangjiang continues to improve, and as the population in Xiangjiang continues to grow, the land in these areas will have extremely high growth value in the future. When the time comes, whether we develop it ourselves or transfer it to me, we will have good returns."
In Zhou Jiayi's view, the MacLehose government is obviously preparing to slaughter the fat sheep. According to estimates by senior officials of the Yanjian Department, the area of the four wooden house areas on Lung Cheung Road is only about 40 hectares. Excluding the five hectares of public housing estates and schools, it can Only about 35 hectares are available for commercial development by real estate companies.
It sounds like a lot, but based on three conditions, the investment will be close to 800 million Hong Kong dollars, and more than 20 million Hong Kong dollars per hectare. Calculated based on every square foot in Hong Kong, the unit price has reached more than 200 Hong Kong dollars. Such a price Quite scary.
If this was in Central, Mong Kok and other places, perhaps the Xin Jian Department would recognize it. After all, there is a huge gap in housing prices, but what right does a place like Lung Cheung Road have to charge such a high price?
Li Jianhui did not expect that the MacLehose government would come up with this trick. His original plan was to help the government build public housing estates at most. It was worth investing more than 100 million to acquire this land.
After all, taking the current land in Tseung Kwan O as an example, the commercial land price has risen to 70 Hong Kong dollars per square foot. To acquire this 35 hectares of land, it will cost more than 200 million Hong Kong dollars. The investment in building a public housing estate is still very cost-effective, even if the additional There is no problem in any school.
It's just that this road costs too much money, and Li Jianhui is not willing to be taken advantage of at this time. With this money, it is better to buy land in Yuen Long, Tai Po, North District, etc., as Zhou Jiayi said.
As housing prices in Hong Kong rise, land prices are also rising rapidly. Just over a year ago, the governments of places such as Tseung Kwan O and Yuen Long gave them almost free development at HK$1.5 per square foot.
But now it has soared to more than 50 Hong Kong dollars. In Tseung Kwan O, due to factors such as the Polytechnic University and the subway, the price will probably continue to soar. According to Li Jianhui's estimation, there is a high probability that it will exceed 100 Hong Kong dollars by the end of the year.
Even if Li Jianhui knows very well how valuable these properties will be in the future, that is still a matter of the future, and with his large-scale development, it is still unknown whether the future housing prices in Xiangjiang will be the same as in the previous life.
"Jiayi, inform Hutchison Whampoa that we have given up the plan on Lung Cheung Road and let them continue to work on the line from Yuen Long New Town to Tin Shui Wai New Town, as well as Tiu Keng Leng after Hutchison Real Estate Company is split and listed to obtain financing. Go to Tseung Kwan O and take advantage of the opportunity to acquire land, and you can also choose to enter the North District and Tai Po areas."
The strategy of the Yanjian Department is very clear, that is, it focuses on the development of Tin Shui Wai in Yuen Long and Tiu Keng Ling in Tseung Kwan O, especially the line from Tseung Kwan O to Tiu Keng Leng. Although the money has not come back yet, the Yanjian Department has already started planning.
Huihong City, Wheelock Plaza, Jiayi Headquarters Building, Xinjian Building, etc. are already under design.
Zhou Jiayi was very happy to hear that her opinion was adopted. She responded with a smile: "I will inform Hutchison Whampoa immediately. I believe that investing in these areas will bring greater returns than the Lung Cheung Road wooden house area."
Xin Jian was not the only company that gave up entering the Lung Cheung Road wooden house area because of MacLehose's harsh conditions. Hang Lung, Wharf, Sun Hung Kai Properties, etc. made the same choice as Li Jianhui. They focused on Tsuen Wan, Tseung Kwan O, etc. land.
As for Tin Shui Wai, with Tian Shui City, a large city that can accommodate half a million residents, these developers will never choose to enter until the transportation is not greatly improved.
Originally, this matter just passed away, at least it had nothing to do with Li Jianhui. Unexpectedly, the day before the auction, rumors spread in the market.
The words clearly stated that the Yanjian Department would definitely win this project. Li Jianhui did not do it to make money, but just to enable these more than 5,000 citizens to live in public housing estates within two years.
This spread throughout the streets and alleys of Xiangjiang even though Li Jianhui and Xin Jianxi did not take any action. Even Li's TV station specifically mentioned this point during its live broadcast of the disaster-stricken residents on Lung Cheung Road.
Although Li Jianhui's reputation has increased again because of this, this is obviously a conspiracy to force Li Jianhui to take over this project, and this time it is quite ruthless. If Li Jianhui does not participate in the auction tomorrow, his reputation will immediately plummet. For the entire Xin Jian Department, will have adverse effects.
In Li Jianhui's office, Wu Jiankunhui, director of the Office of Intelligence and Governance, reported: "Li Sheng, after our investigation, we found that the shadows of Jardine and Swire, and even the He family, are behind this public opinion. As for whether there are shadows of the MacLehose government, at present It’s not clear yet.”
"It seems that our opponents are not reconciled to not achieving the desired results in the Tianshui City project. Seeing our steady development, they have been keeping an eye on us, thinking of giving us a fatal blow at any time.
This time it seems that we are right in the crosshairs of the other party, and I am afraid that their handwriting is indispensable behind these conditions of MacLehose."
Li Jianhui knew very well that the MacLehose government and even the British government would be dissatisfied when he went to Shekou on such a special day to attend the start-up of one of his companies.
He wanted to take over the land in the wooden house area on Lung Cheung Road, which just gave them the opportunity to make plans. If Li Jianhui did not invest, his reputation would be greatly reduced and his influence among the ordinary citizens of Hong Kong would be reduced.
If they choose to invest, they will be happier, which will inevitably make the Xinjian Department's funds even tighter and delay the development of the Xinjian Department.
"Jiayi, do you think it's better for us to go to the auction tomorrow, or to ignore this matter?"
Zhou Jiayi did not expect her opponents to use such methods, which would not be of much use to ordinary companies and individuals, but Li Jianhui and Xin Jian were different. At their current scale and height, they could not only think about problems with business thinking.
In the past two years since Li Jianhui's rise, apart from being a bit of a playboy, his image in the hearts of Hong Kong residents is quite positive.
Especially after the arcade machine assembly workshop was relocated, these employees were well arranged, which made countless citizens applaud.
Before this, no company that had closed or relocated would find new jobs for its employees who were about to lose their jobs. Xinjian Department was the first, which made many company employees envious of Xinjian Department employees, and also made Li Jianhui Reputation soared.
Never underestimate the image and influence of a company. After reports about the re-employment of unemployed employees, the customer traffic of several major retail companies under the Xinjian Department increased by nearly 10%.
Therefore, facing Li Jianhui's inquiry, Zhou Jiayi didn't know how to choose for a while. This time it seemed that no matter what choice she made, it would be a loss for the Xin Jian Department.