The Pioneer of the Rebirth Era
Vol 2 Chapter 1213: Still rich
The sale of Hedong Garden is only so popular in later generations, except for its super high selling price. Also because it is an ancient building.
There are not many ancient buildings in Hong Kong, so any changes in each building will cause great concern. For example, in 1998, the Hu family sold the Hubao villa to Li Chaoren.
In order to change the community, Li Chaoren decided to demolish the previous Tiger and Leopard Villa, which caused great dissatisfaction among the people of Hong Kong and made the Li family's reputation in Hong Kong not very good in recent years.
In the end, Li Chaoren had to compromise and only demolished half, leaving the core building of Hubao Villa as a tourist attraction. Other places have been built into communities.
Hedong Garden actually has the same problems as the Tiger and Leopard Villa. However, compared with the Hu family who sold the tiger and leopard villa, Li Chaoren demolished it.
The He family wanted to turn Hedong Garden into a real estate project. This proposal was strongly opposed by the conservation team of historical buildings in Hong Kong.
The news report at the time was that the Hong Kong government also proposed a 3 billion cash compensation plan, but the family rejected it. Because the price of the Ho family is 7 billion.
Later, one was to be demolished, and the other was strongly opposed. Finally, the two sides stalemate for some time. In the end, the He family directly sold Hedong Garden for a high price of 5.1 billion. The Hong Kong government immediately announced that it would strictly enforce the stamp duty on this transaction.
After the transaction was completed, the buyer paid as much as 1.1 billion yuan in various taxes and fees. But even so, the buyer's determination was not shaken, and the last big deal was completed.
Then Hedong Garden was still demolished and turned into a real estate project where developers can earn tens of billions of dollars. Of course, at the current real estate prices in Hong Kong, this project will certainly not make so much. In the end, even if the deal is reached, it will not be as exaggerated as the future generations.
After all, Hong Kong's housing market has fully recovered in 15 years, and prices are even crazier than those before the financial crisis. The houses on the hilltop rich area are more than one million yuan per square meter.
But even though Hong Kong real estate is still struggling in the quagmire, the transaction of Hedong Garden still attracts the attention of many people. After all, the entire Hedong Garden covers an area of 124,000 square feet, approximately equal to 11,160 square meters, of which more than 5,500 square meters can be built. This piece of meat is absolutely fat.
And there is also an important point that Hong Kong people believe in Feng Shui, and the Feng Shui where all historical buildings are located is unquestionable. We must know that the former He family was the first family in Hong Kong. Even now, the He family is still rich and expensive, and the Hong Kong gambling king is one of them. In this way, the sale of Hedong Garden is a hot topic even now, and there is no shortage of buyers.
"The He family wanted to demolish Hedong Garden a long time ago to develop real estate, but the government had not agreed. The financial crisis did not mention this matter.
Hong Kong's economy is now recovering, and the real estate market is also recovering. The government also needs some large real estate projects to stimulate the market, so the He family once again proposed the development of Hedong Garden, but the official still did not agree to the demolition of Hedong Garden. So the He family released the words to sell Hedong Garden. "Six Uncle explained.
Yang Dongxu nodded. This sentence was probably released in a circle. It is normal for him to get no news for the time being. And it is very likely that the He family does not have to sell the Hedong Garden, just use this trick to pressure the government.
After all, because of the reasons of one country, two systems, the management of private property in Hong Kong is sacred and inviolable.
And the He family is a big family in Hong Kong, and it is deeply rooted in Hong Kong, but also involves a lot. Therefore, the government did not agree, and the He family did not dare to come.
But selling to others will be different, as long as all the procedures are completed and the handover is completed. Whether the person who bought Hedong Garden dismantled Hedong Garden or preserved this ancient building depends on the mood of the buyer. The Hong Kong government is not in a good position to ask.
"People who buy Hedong Garden are estimated to be profiting from demolition of the previous building and developing a top-level real estate project. If the He family really sells, I would buy it a bit worthwhile." Yang Dongxu said a little helplessly. .
The He family has too much involvement in Hong Kong and can't come hard. Yang Dongxu also has a lot of assets in Hong Kong. He has the nickname of Yang Bancheng.
Li Chaoren demolished the Tiger and Leopard Villa in half and was scolded by people all over Hong Kong and had to stop. If he dares to demolish the building after taking down Hedong Garden, his reputation is estimated to be even worse than Li Chaoren now.
If you can buy Hedong Garden, if you do not dismantle it, the profitable space for developing real estate projects will be limited. After all, as the only building on that land at present, Hedong Garden occupies the most essential part, and the design of other houses in the entire project is a big obstacle without dismantling.
So even if He really wants to sell Hedong Garden, if he buys it. For the sake of fame, consider not demolishing Hedong Garden and building communities on other land. The profitable space is actually similar to the development of other real estate projects.
Coupled with the purchase of Hedong Garden, whether it is a scenic spot like the current Tiger Leopard Villa or as the owner of Hedong Garden, it is very troublesome to repair and protect the ancient buildings. Yang Dongxu is undoubtedly the most afraid of trouble.
Of course, the limited profit is only relative to the current house price, if Hedong Garden can be won in the past two years. Even if the previous building is not demolished, some villas will be built on other open spaces.
When the real estate in Hong Kong takes off, the profits made there are still huge. After all, the house prices in the hilltop wealthy area are now less than one hundred thousand yuan and less than 200,000 yuan. In another ten years, house prices have soared to one million.
There is at least seven or eight times the return on investment, and this return is still a huge investment base, which is reported by seven or eight times. For example, according to the current housing price of 2 billion, almost 2.5 billion capped won Hedong Garden is not a big problem.
In the case of preserving ancient buildings and not demolishing them, discussing the tax issue with the Hong Kong government can save a lot of money. Taking into account the cost of developing other real estate projects, the overall investment of 3.5 billion can be opened up.
After a decade or so, the investment of 3.5 billion yuan can get a profit of at least 20 billion yuan by removing the capital, and this is only a conservative estimate. When the time is right, the profit margins can be more.
Of course, if the garden can be demolished, the land can be rationally re-planned, and the profit can be increased by at least 5 billion.
"So you are not ready to shoot?" Liu Shu couldn't help but feel a little disappointed. In fact, he was not sure whether the He family really wanted to sell Hedong Garden, so he told Yang Dongxu this news.
Uncle Liu wanted to see if Yang Dongxu could actually win the Hedong Garden, and then make profits in other ways while preserving the ancient buildings.
This is undoubtedly the best of both worlds. As an old man from that era, he still misses the old. In particular, both the former owner of the Tiger and Leopard Villa and the older generation of the He family are friends.
In fact, if the funds were not allowed, if the He family really sold Hedong Garden, he would take it. Not to mention making money at that time, he was very satisfied with building a few villas elsewhere as long as he could keep his capital.
"It's too early to say if you can't do it. He may just put a smoke bomb on the Hong Kong government. Look again, and wait for them to sell too much." Yang Dongxu said with a smile.
It's not buying and selling, and what's more, it's such a big deal that definitely can't let opponents grasp their own ideas. And this transaction does not need to be anxious, and it does not matter if it is delayed for a year or two.
"If you are willing to save the old building without dismantling it, no matter whether the He family puts out smoke bombs this time, I will help you talk about it." Liu Shu said.
Yang Dongxu gave Liu Shu a startled look, but when he saw the look on Liu Shucang's old face, he clearly understood something. So nodded and no more excuses: "Then ask, if the other party is not a big lion, then find a time to talk."
Since I came to Hong Kong to see that Uncle Liu wouldn't stay in the hotel at night, I talked to Uncle Liu for a while after dinner. Yang Dongxu stayed in the old house of Liu Shu.
"Are you interested in Hedong Garden?" Zhou Ya sat in front of the dressing table and put on some maintenance cream. The little guy was too crazy to play in the yard this afternoon and was already asleep.
Zhou Ya has spent a lot of time in Hong Kong before, so he is very familiar with the situation of Hedong Garden even if Yang Dongxu does not say it.
"I'm not interested in Hedong Garden, I'm more optimistic about the future real estate projects in Hong Kong. Chen Xin holds a lot of money in his hand and has no place to spend, so I am going to take down the Hedong Garden with private investment and make a long-term investment. "Yang Donggu said.
"What do you expect from Hong Kong real estate?"
"Looking at the mainland's housing price after this regulation, the price will definitely rise again, and Hong Kong's geographical location is too special. House prices here are definitely higher than those in the future.
Therefore, even if the Hedong Garden cannot be demolished, the development profitability of the construction area on the land alone is very considerable. Yang Dongxu said casually.
Zhou Ya nodded: "What happened to the rich family?"
"Dade Real Estate has filed for bankruptcy~www.readwn.com~ More than half of the assets under his hands were recovered by the bank and then divided by other real estate companies. The industries on the Hong Kong side are also falling apart.
But Fu Dehai followed me to buy a lot of houses in Hong Kong, even if he went bankrupt, he could get a sum of money. In addition, Fu Chaming also has his own jewelry company. If you don’t play tricks, it’s not a problem for the family to become wealthy. "
The lean camel is bigger than the horse, don't look at this time the rich have planted a big heel. However, even if the assets in hand are greatly reduced, it is not comparable to ordinary people.
In particular, Fu Dehai held at least hundreds of millions of funds at this time, although compared with the previous tens of billions of market value of Dade Real Estate, Fu Dehai was worth tens of billions. Only one percent is left behind, but there is also one hundred million in one percent that many people cannot reach.
And Fudecai still has shares in Haina, and the jewelry store in Fuchaming's hands is now worth more than two billion yuan. So even rich people are still billionaires even if they go bankrupt.
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