"How many buildings..." Wang Shiya looked at Chen Zhiwen with some envy. The words of this rich person are different. A house can cost ordinary people their lifetime savings to buy, but for such people, just a few buildings. Like supermarket shopping.
"Taikoo Shing is not far from here, so let's go and have a look." Chen Zhiwen suddenly changed lanes and entered the right side, preparing to go to Taikoo Shing.
"Go and buy it today?" Wang Shiya asked.
"If you don't want to buy it, go take a look. It's close anyway, so I'll go and find out more about it." Chen Zhiwen said with a smile. A few houses were not worth a visit in person, but if there were a few houses, it was still okay to go and take a look.
However, if the quantity is so large, if you want to buy it, you need to be responsible for it through professionals or lawyers. Especially now when land prices are still sluggish, you have to work hard to keep the price down.
In the future, it will rise dozens or hundreds of times. If you buy it today, you have to keep the price down.
As for going directly to real estate properties to buy like in the novels of later generations, that is a fool's behavior. At the same time, it is easy to be targeted by others, and it is harmful to no benefit.
The car soon arrived in Taikoo Shing. Mercedes-Benz sedans are still very popular among the wealthy people in Hong Kong. Those who can afford to drive a car are generally not middle-class people, at least senior wage earners at the level of vice president. See After arriving at the Mercedes-Benz sedan, a beautiful saleswoman caught up with him immediately.
But when she saw the twins getting out of the car, even she was shocked and speechless. Twins themselves are relatively rare. Such identical sisters, if you don't see them, you don't know that they actually exist in the world.
"Hello?" Chen Zhiwen waved his hand as a reminder.
"Hello, sir." The salesman came back to his senses and said apologetically. It seemed that for a moment, she wondered if her sexual interest had changed.
"Let's just take a look and you can introduce it." Chen Zhiwen said with a smile.
"Okay, three of you, please follow me." The salesperson immediately returned to professional service, led the three of them into the lobby, and introduced the situation of the buildings in Taikoo Shing to them.
Under the leadership of Chen Zhiwen, he roughly understood some of the situation in Taikoo Shing. The development plan of Taikoo Shing was last year, but unfortunately it encountered an economic crisis. It was delayed for a year before the project was started. At present, all aspects of construction have not started, and it is estimated that it will not start until It won’t be until next year that the foundation will be laid.
"The Hong Kong government stipulates that pre-sales can only start eight months before the building is completed. You are selling the property before the foundation is laid?" Chen Zhiwen asked in surprise.
Although Hong Kong is only a small city, it still has some great inventions, such as pre-sales and the public stall area that will be hated by the mainland for generations to come.
The intention of pre-sale is actually good. In the 1950s, the normal operation method of Hong Kong real estate was to build the houses and then sell them. This put the developers under great financial pressure, so a business genius came up with the idea of pre-sale. From the perspective of a businessman, this system can recover funds early and reduce bank loan interest payments. For house buyers, it can also book a house in advance to avoid rising house prices in the future.
But capitalists will not give up any opportunity. The benefit of pre-sale is that less capital is invested, which is equivalent to greater leverage. As a result, the financial bubble becomes even bigger. Hong Kong real estate has grown from the 1960s to the 1980s in just 20 years. The three major ups and downs are closely related to the high-risk financial system of pre-sale. At the same time, the fundamental reason for the rise of Chinese capital in the 1960s and 1970s was that the Chinese capital tycoons took advantage of the pre-sale system to develop rapidly and gather funds. Finally, in the 1980s, It has developed into a scale that can challenge British capital.
This is actually the same as hedging in the investment world. The original intention is to reduce investment risks, but it turns out that it is played out by financiers and the leverage is getting bigger and bigger.
This is obviously not the first time the salesman has encountered this problem. He explained with a smile: "So now it is not a pre-sale, but a reservation. You only need to provide a 5% deposit, and you can buy it at the current price next year or the year after." We will mark our house clearly in the contract and there will definitely be no problems.”
"What if house prices fall?" Chen Zhiwen asked with a smile.
"Sir, you are joking. The current housing prices in Hong Kong have returned to five years ago. It is unlikely to fall again." The female salesperson said a little unconfidently. The company's sales policy is actually its own dissatisfaction with future housing prices. The strongest evidence for sure.
"Okay, let me think about it." Chen Zhiwen nodded, but he was happy in his heart. According to Swire's current policy, he only needs to pay a 5% deposit to lock in a future house. This is equivalent to 20 times the leverage. ? Moreover, leveraged assets will rise significantly in the next few years. This investment is much better than investing in industrial real estate. The only disadvantage is that there are only 3 properties launched in Taikoo Shing. The properties for sale are limited, and I don’t know if I can buy them. To how much.
If he hadn't accompanied the twins to look at the house, he wouldn't have known that such a good thing would have happened. But having said that, the British-owned foreign companies are too conservative when it comes to real estate investment, and they don't dare to fully expand like the Chinese-owned companies. According to him, It is known that in order to develop the Taikoo Shing project, the Swire Group successively sold part of the land in Saixi Lake and Taikoo Valley, and obtained 120 million yuan in cash as the initial start-up capital for the development of Taikoo Shing.
As a result, both Cheung Kong Holdings and Nan Fung Group, which purchased the land, made huge profits from the later development of Sai Xihu Building and Nan Fung New Village. Later, because he had no real estate experience, he jointly developed Taikoo Shing with Dah Chong Properties. Although he was kicked out later, he still shared hundreds of millions of Hong Kong dollars in profits from the other party.
In fact, in the 1960s, many British investors sold large amounts of land, or developed joint ventures with Chinese real estate companies. If he had not missed the times, Chen Zhiwen would have been able to get a few of these dividends.
After looking around for two times, Chen Zhiwen made no next move. The saleswoman was not in a hurry. She saw that Chen Zhiwen had money and was very likely to buy it.
However, the result still disappointed her. After a while, Chen Zhiwen was ready to leave. For such a potential customer, the female saleswoman naturally did not want to miss it. She felt that there was still a chance, so she handed Chen Zhiwen her business card before he left. .
In the car, Chen Zhiwen put away his business card and said, "If you want to buy it, just buy it. I'm ready to buy it too. How big are you going to buy?"
"We are going to buy a 600-foot set." Wang Shiqian said after fastening her seat belt.
"600 square feet is too small. I will buy a 1,500-square-foot apartment and give it to you when the house is handed over. But you can also buy another one as an investment." Chen Zhiwen said with a smile, in a small place like Hong Kong , treating Thousand Feet as a luxury house is actually a kind of sadness. If the house price were not so ridiculously expensive, who would take Thousand Feet seriously?
"The house type just now is not 1,500 square feet, right?" Wang Shiya asked from the back row.
Chen Zhiwen shrugged and said, "Buy two sets and you can connect them. It will be more convenient for visiting each other in the future, right?"
