Chapter 102 Land auction in prime location in Xiangjiang Central District!

The soft spring breeze and the warm sunshine.

Yang Ming and Kayla sat in the garden, admiring the distant mountain scenery and enjoying a sumptuous afternoon tea.

"Mr. Yang, do you know the first land auction in Xiangjiang this year?" Kayla asked, putting down the coffee cup in her hand.

The first land auction in Hong Kong this year?

Prior to this, the Xiangjiang Governor-General's Office had actually been conducting land auctions, and the revenue obtained was used as financial income.

In 1975, stimulated by the concept of real estate industry recovery, the total area of ​​land auctioned reached 376,600 square feet, and the total auction price was HK$50 million. When converted into square meters, it reached HK$1,200 per square meter.

In 1976, the total area of ​​land auctioned in Xiangjiang rose to 543,600 square feet, and the total auction price was as high as HK$440 million. Calculated, the low ground price was as high as HK$7,000 per square meter.

Last year, in 1977, the number of land auctioned in Xiangjiang reached a new high, with the total area reaching 933,600 square feet, or 103,629,600 square meters, and the total auction price was as high as 1 billion Hong Kong dollars.

After calculation, the average price per square meter is as high as 10,000 Hong Kong dollars.

In 1977, the land area in Xiangjiang was as high as tens of thousands of Hong Kong dollars. Globally, the price of ground was already very high. If the ground was turned into commercial housing, the price might double or even several times.

When there are not many employees, the Empire Group can definitely still be satisfied if it continues to rent an office building in the Federal Building. However, as the Empire Group develops, it will definitely not be feasible to continue to rent an office building in the Federal Building.

Later, it was taken over by the Bank of China in Hong Kong and used as the headquarters of Bank of China in Hong Kong.

"Mr. Yang, it is indeed there."

The more I look at it, the weirder it becomes.

In the end, the new Chinese Bank Building was swallowed up by Li Jiacheng at a cheap price. Later, the Chinese Bank Building became one of the most valuable buildings of Li Jiacheng and Changchun Industrial Group.

Like before, Li Jiacheng cooperated with Huifeng Bank. After Huifeng Bank demolished the old Chinese Bank building, Li Jiacheng's Changchun Industrial Group rebuilt it.

Kayla thought Yang Ming had heard the legend that the place was haunted.

As long as there are some blows, Xiangjiang real estate and even the financial industry will suffer a big blow.

Zhong Chuhong handed the newspaper to Yang Ming.

It's just that the people in Hong Kong think that Yang Ming is a Chinese from Hong Kong, so they regard him as a Chinese citizen.

Among Chinese investors, such as the four major Chinese investors, Li Zhaoji of Wing Tai Real Estate, Guo Desheng of Sun Hung Kai Properties, Zheng Yutong of New World and Li Jiacheng of Cheung Kong Holdings Group, Baide Real Estate also participated.

For example, Hutchison Whampoa, the second largest foreign bank in Hong Kong, has been acquired by Yang Ming.

This is the case in many places in Hong Kong, including the current Happy Valley in Hong Kong. However, every time there is a horse race, hundreds of thousands of people will flock to Happy Valley.

The Imperial Corporation headquarters now rents a floor in the Federal Building.

Mid to late seventies.

Historically, after the 1980s, the land in Xiangjiang was basically monopolized by these four major families.

Especially now, not only the land prices in Xiangjiang have doubled every year, but housing prices have also soared.

The main reason is that sometimes, the Chinese capital is not as powerful as the foreign banks, so they join forces privately to auction land, and then divide it up after they get the land.

It is difficult for outsiders to say whether Yang Ming's current imperial group is a foreign company or a Chinese-owned company.

It is precisely because of that that real estate in Xiangjiang is currently soaring.

Yang Ming asked Azhu and Zhong Chuhong to dig out those old newspapers.

This location is really good.

There is a lot of land in Xiangjiang. Like Kowloon and the New Territories, there is not much land that is undeveloped.

Judging from current reports in newspapers, in addition to Jardine Matheson Land, Wharf Group, Hutchison Whampoa, Wheelock, Swire, etc., have signed up to participate in the auction of this land.

Yang Ming looked at it in detail.

These increasingly large-scale Chinese investments are basically related to the real estate industry.

At the end of the 1970s, real estate in Xiangjiang suddenly soared. In fact, there was a big crisis in it.

Such an important piece of land will make real estate developers drool when they see it.

The two women actually took out old newspapers from the past few days, which reported on the land auction in the Central and Western District of Central.

Historically, after the 1970s, Li Jiacheng and Bao Yugang received the support of Huifeng Bank. After these two companies swallowed up Hutchison Whampoa, Wharf, and Wheelock respectively, Chinese capital has surpassed British capital.

However, it is located in a prime location, and many real estate developers have already set their sights on this piece of fat.

The piece of land that Kayla was talking about is located in a prime location in the Central District of Xiangjiang and is not far from the Huifeng Bank Building Headquarters.

Regarding the auction of the first piece of land in Xiangjiang this year, Yang Ming really didn't pay much attention to it because he had been busy acquiring Wharf and Hutchison Whampoa.

When Yang Ming heard that he was interested, he naturally considered the Imperial Group Headquarters Building.

Even without Yang Ming's appearance, Xiangjiang's Chinese capital and British capital were already evenly matched.

"Yeah?"

Now because of the emergence of Yang Ming, these things have changed a lot.

Chen Songqing of Jianing Group used this method to resell the houses in his hands and accumulated a lot of funds.

At Keira's reminder.

"Mr. Yang, this auction land is a prime piece of land in the Central District, located near the headquarters of Huifeng Bank Building."

This is not only Murray House, but also the location of the later famous Bank of China Building in Hong Kong.

Before the 1970s, land auctions in Xiangjiang were basically monopolized by British capital, led by the Four Ocean Banks.

"Meili Building?" Yang Ming asked.

After the 1970s, Chinese capital in Hong Kong rose, such as Li Jiacheng's Cheung Kong Holdings, Kwok Desheng's Sun Hung Kai Properties, Wu Yingxiang's Hopewell Holdings, Chen Zangxi's Hang Lung Group, Chen Detai's Dah Cheong Properties, Cheng Yutong's New World Properties, and Li Shiuji's Henderson Land. , Wang Dehui’s Chinachem, Causeway Bay Lee Family Real Estate.

However, Yang Ming knew.

Yang Ming didn't expect that it would be put up for auction by the Governor's Mansion.

One of the largest foreign banks in Hong Kong, Wharf Matheson, the largest subsidiary of Jardine Matheson Land, was also swallowed up by Yang Ming.

but.

Yang Ming knew that there was nothing wrong with taking it down.

"I'm afraid many real estate developers will participate in the bidding for this piece of land."

Murray House used to be a prison and execution ground, where many people died. Later, it became the office of many departments in Hong Kong. There have been reports of hauntings, resulting in poor rental properties there.

However, for example, the Central District of Xiangjiang is already the most prosperous area in Xiangjiang. Basically, there is only one area that is missing.

After all, no matter how crazy real estate is, if real estate prices are now increasing several times a year, it is because a large amount of hot money flows into Hong Kong from Nanyang and other places.

"I remember there were newspaper reports a few days ago."

Yang Ming didn't expect that so many real estate developers were eyeing the Meili Building.

Even if the place has been haunted before, in a priceless prime location, it doesn't matter if it kills people.

I am afraid that in every inch of prosperous land in Xiangjiang, people have already died.

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