Chapter 103 Yang Ming knew the bidding results in advance!

Yang Ming is determined to win the land at the original site of Meili Building, a prime location in Xiangjiang Central District.

Yang Ming knew that in history, this land became the Bank of China Building. Now there have been some changes. If he intervened, Murray Building would no longer become the Bank of China Building in history.

"Kaila, this location is really good."

Judging from the current newspapers and periodicals, except for Jardine Matheson Land, Wheelock and Swire & Co., the British companies are relatively strong.

There is also Black & Decker Real Estate, a joint venture formed by the four major Chinese-owned real estate companies in Xiangjiang, which is also very powerful.

When the auction announcement for this piece of land was issued, the Imperial Group had not yet appeared, so it was impossible to sign up.

However, both Wharf and Hutchison Whampoa were acquired by Yang Ming, and these two groups have their own real estate companies signed up to participate.

"The bidding meeting will be held tomorrow morning at the Public Works Department Building in Hong Kong."

It seems like you have to make time to check it out.

Ma Shimin made a rough estimate based on the land auction price in Xiangjiang last year and the current property prices in Central District. Ma Shimin said: "Boss, the auction price of the Murray Building plot may not be low. According to my estimate, it is possible to be HK$500 million.

"

"Ma Shimin, please sit down."

Murray House land auction?

Murray House is a characteristic Victorian building. The buildings on the ground will not be auctioned. The auction is for the land below the original site of Murray House.

Yang Ming already knew the secret bidding result in advance, and he was very confident.

"Boss, are you saying you want to take over the land in Murray Building?"

Last year, the auction price of the entire land in Hong Kong reached as high as HK$10,000 square meters.

"Ma Shimin, are you working overtime today?"

Historically, during the land auction in Xiangjiang in 1978, the average land price was as high as 38,500 Hong Kong dollars per square meter.

"Yes, boss."

Ma Shimin knew that this was of course normal.

After calculation, the average price has reached 65,500 Hong Kong dollars per square meter.

This is still a case of just a land plot. After construction, the price may be several times higher.

"Some time ago, the Empire Group had not been established yet, so they had not signed up to participate, nor had they paid a deposit. However, both Wharf and Hutchison Whampoa had signed up and paid a deposit. In this case, Wharf could have bought it first and then changed hands.

To the Imperial Group."

To Yang Ming's surprise, Ma Shimin's wife Jennifer told Yang Ming on the phone that Ma Shimin was actually working overtime at the Wharf headquarters.

In these prime locations in the Central and Western Districts, the land auction prices there should be several times higher.

After Kayla drove away by herself, Yang Ming returned to the study in a wheelchair, first picked up the landline phone and called Ma Shimin's home.

Today is Saturday.

"Boss, I heard you were looking for me?"

"Yes, boss."

"Tomorrow morning, we will go to the Xiangjiang Public Works Department Building to participate in the secret bidding auction."

Definitely not if the price is too high.

In other words, no bidder knows the price of this land until it is finally announced.

I saw Yang Ming writing something in the study.

The Murray Building plot is now the first piece of land to be auctioned this year. In addition, since last year, land prices and commercial housing in Xiangjiang have soared.

Yang Ming and Kayla finished their afternoon tea.

Ma Shimin sat down and when Lin Dezhong went to bring him a cup of tea, Ma Shimin thought at first that the boss wanted to know about the situation of Wharf.

Ma Shimin didn't agree with Yang Ming's high price for acquiring the Meili Building plot. The main reason was that he still felt that the current land price in Xiangjiang was too high, and acquiring the land was also very risky.

Since Ma Shimin became the general manager of Wharf Group, he basically spends 12 hours a day on the company. This is like a different person from before when he was lazy and loved to drink.

Under normal circumstances, Ma Shimin should be at home with his family.

Regarding the auction of the original site of the Meili Building land, Ma Shimin felt that it was located in a prime location and the land price was suitable so that it could be auctioned, so that would be good.

"Then meet me after get off work."

When Ma Shimin got off the car, Lin Dezhong was already waiting for him.

Ma Shimin is a white man who is valued so much by Li Jiacheng. He is very capable. Ma Shimin has full management of Wharf. Yang Ming is very relieved.

He listened carefully there.

If the price mentioned by Ma Shimin is really followed, it is impossible for Wharf, Hutchison Whampoa, or even Yang Ming to win the Murray Building site.

In this regard, it is unlike an open-bid auction.

On the other hand, as Yang Ming said, the Empire Group is developing rapidly and can acquire other buildings as its own office buildings at any time.

Ma Shimin had heard about the land auction at the original site of Murray Building before.

This is the overall average land price in Hong Kong, including land prices in Kowloon and New Territories suburbs.

"Mr. Ma, Mr. Yang is waiting for you upstairs."

HKD 500 million?

Yang Ming smiled.

"There are many high-rise buildings in Xiangjiang, including Wharf and Hutchison Whampoa. With the large-scale development of Empire Group, those buildings can no longer meet the office space of Empire Group. I am also planning to take over the original site of Murray House.

As the headquarters of the Imperial Group."

"Young Master Yang, Mr. Ma is here." Lin Dezhong reminded.

Even if it is calculated based on 40,000 Hong Kong dollars square meters, the Murray House plot covers an area of ​​8,400 square meters. After calculation, this piece of land alone costs 336 million Hong Kong dollars.

Ma Shimin followed Lin Dezhong to the third floor.

It is possible to pay 20,000 or even 30,000 Hong Kong dollars per square meter.

It's hard to say whether these real estate developers colluded in private and knew each other's bids in advance.

The auction of the Murray House land parcel is destined to be impossible to sell at a low price.

"Ma Shimin, I'm calling you here this time about the auction of the Meili Building plot."

He couldn't explain clearly on the phone, so Yang Ming waited for Ma Shimin to come back after get off work to talk in detail.

It is probably the most expensive land king in Xiangjiang this year.

This was acquired by Black & Decker Real Estate, a joint venture between the four major family real estate developers, and the price was higher than Ma Shimin's estimate.

Ma Shimin drove to the Repulse Bay Mid-Levels Villa.

Yang Ming's landline phone rang. It was Ma Shimin calling from the general manager's office of Wharf Building.

When Ma Shimin explained it in detail, Yang Ming remained silent.

So that’s it.

"Boss, Wharf has a lot of things to deal with, so I went back to the company to work overtime."

After a while.

The higher the land price, the higher the total price of the land will be.

Because this time the land parcel is not auctioned in a traditional way, but through a hidden bid.

18:30 pm.

Before Ma Shimin came, Yang Ming had already seen the final auction price of tomorrow's Meili Building in advance from the newspapers sent by Zhong Chuhong and Azhu.

So much so that on Saturdays and Sundays, when other white executives were resting and relaxing, he returned to the company to work overtime.

550 million Hong Kong dollars.

In other words, it would cost at least one billion Hong Kong dollars to acquire this piece of land and build an office building.

Ma Shimin also agreed to spend his own money to build a new office building.

The two of them finished chatting.

After asking Ma Shimin to stay and have dinner together, Ma Shimin drove away.

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