Chapter 488 Housing prices in Xiangjiang are skyrocketing!

After Huang Xizhao left.

Yang Ming knew that he was going to find domestic female director Yang Jie to shoot "Journey to the West". In Huang Xizhao's opinion, 1 million Hong Kong dollars was already a lot, but Yang Ming knew that even 5 million Hong Kong dollars might not be enough.

At that time, Yang Jie originally allocated 1 million RMB for this TV series for YangTV, which was enough, but later 3 million RMB was used.

Now, 1 million RMB is certainly worth much more than 1 million Hong Kong dollars.

However, he did not tell Huang Xizhao directly that he might need 5 million Hong Kong dollars, otherwise he would really scare Huang Xizhao.

Huang Xizhao left.

Azhu and Zhong Chuhong came in from outside.

"Master."

"You guys bring some newspapers."

Historically, Jardine Land sold this building to Chen Songqing of Jianing Group.

"Boss, don't you need Mr. Li Caixin?"

Then in 1976, it became 260.

In 1980, it reached 3.93 billion yuan.

Real estate in Xiangjiang is indeed very abnormal now.

If we take 1975 as the starting point of housing prices, we would start counting from 100.

Between 1978 and 1980, the Kinmen Building, a property owned by the Kinmen Construction Company under the Jardine Matheson Group, was flipped three times, with the price rising from the initial 715 million to 1.68 billion.

According to Wei Li, Ma Shimin and others, land prices in Xiangjiang will continue to soar, including real estate in Xiangjiang.

In particular, Xiangjiang Land is one of the largest real estate developers in Xiangjiang, Asia and the world, and owns a lot of high-quality land in Xiangjiang.

When Ah Zhu brought the newspaper, Yang Ming noticed that Chen Songqing from Jianing Group had already spent several times the price to buy a building in Xiangjiang Central District.

In Xiangjiang, many people hope to own their own apartment. Basically, ordinary citizens have no place to live, and many people have to live in very small rental houses.

what does that mean?

This means that the real estate crisis in Xiangjiang will soon break out, but who knows now?

If that's really the case, wouldn't real estate be in danger now?

At this time, the housing market in Xiangjiang is really in short supply.

In 1980, it became 938.

However, the price of land has soared 20 times in the past four years, which is very scary.

Ma Shimin and others should still be in the company.

This is why when Yang Ming was in Moscow, he saw that many people had apartments allocated by the state, which was indeed better than many people in Xiangjiang.

However, it is now bought by Wharf.

In other words, Yang Ming's series of acquisitions in 1978 and 1979 were very profitable. Companies like Wharf and its real estate plots have doubled in price, but they don't know how much they are worth.

In 1981, it became 1,050.

Yang Ming's study on the third floor.

Changes in housing prices in Hong Kong?

It's still early.

"Call Ma Shimin, Wei Li, Bao Fuda, Xia Boyin, Wei Peter, Mannix and others to come over."

They knew that Yang Ming went to Moscow some time ago. However, they didn't know what the boss was doing there.

"Boss, I'm at home."

"Boss, housing prices in Xiangjiang have soared sharply," Ma Shimin said directly.

Lin Xiuzhi had just come back and was in her room.

"Young Master Yang, your coffee." Zhong Chuhong has already brewed the cup of coffee.

Yang Ming picked up the landline phone.

Azhu and Zhong Chuhong didn't know what the young master was thinking, and they seemed very fascinated.

At the beginning, these three buildings were among the most valuable properties in Xiangjiang Central District.

Lin Xiuzhi already understood.

Come to Repulse Bay Mid-Levels Villa.

Yang Ming sat in front, and these people each sat down in their own places.

The auction price of non-industrial land in Xiangjiang Central District increased from 14,910 yuan per square meter in 1976 to 300,000 yuan per square meter in 1980.

"Boss, the current price of Kinmen Tower is HK$1.5 billion."

However, at the end of 1981, if nothing unexpected happens, it will inevitably fall, or even cut off in half, reaching as high as 80% of its peak, returning to the stage from 1977 to 1978, and not gradually recovering until 1984.

In 1978, Yang Minghua paid a high price of nearly 670,000 to 71,000 square meters for the Murray Building land to build the Empire State Building.

What does it mean?

Of course, the land owned by the Imperial Group is more valuable.

Wharf owns a large area of ​​land in Harbor City in Tsim Sha Tsui, and now it is even more connected with Tsim Sha Tsui East.

Ah Zhu went to get the newspaper, while Zhong Chuhong made coffee.

Of course, since Yang Ming's imperial group swallowed up Wharf, Hutchison Whampoa, Jardine Land, Qingzhou Yingni, etc., Yang Ming has actually become the largest landowner in Hong Kong.

Yang Ming shook his head.

Now I don’t know how much land Wharf owns alone.

Last year, the Wharf Group followed what Yang Ming said and bought all of Tsim Sha Tsui East. It turned out that this was historically bought by Sino Real Estate and his son Huang Tingfang.

Ma Shimin, Wei Li, Bao Fuda and others were all surprised when they heard this.

The Golden Gate Building is owned by the Golden Gate Construction Company. After being acquired by Jardine Matheson Land in 1975, it has become a property of the Jardine Matheson Group.

After all, the influx of a large number of new immigrants from the country, as well as a large amount of foreign capital, including Japanese and American banks and funds, as well as hot money brought from Southeast Asia, have directly pushed up the land prices and housing prices in Xiangjiang. .

"Do you know the recent changes in housing prices in Xiangjiang?"

In 1977, it became 354.

Of course, leaving aside Chen Songqing.

In 1976, the revenue from land sales was only 441 million yuan.

"Need not."

When they received calls from Lin Xiuzhi, they all left the company and drove over.

From 1979 to 1980, land auctions in Xiangjiang have become even more abnormal.

In 1979, it became 725.

Recalling the problems of real estate development in Xiangjiang in history.

Historically, when Pao Yugang wanted to acquire Wharf and negotiated with Jardine Matheson Land, Pao Yugang believed that if Jardine Matheson Land wanted Universal Group to stop acquiring Wharf, then it must exchange for Golden Gate Tower, Prince's Building, and Swire Building. .

It's already past eight o'clock in the evening.

It's already time to get off work, and it's not yet dinner time.

In four years, the unit price of housing has increased five times, and the land price has gone crazy, increasing more than 20 times.

However, those lands were developed step by step.

It seems that even because of the appearance of Yang Ming, Chen Songqing's nature has not changed. He continues to build momentum and shape his persona with strong capital behind him. It has even been reported in the press that Southeast Asian real estate has entered the Hong Kong market on a large scale.

Yang Ming has already noticed this problem.

"Boss, these lands will be more valuable if they are developed and put on the market." Weili said directly.

In 1976, a 40-square-meter house sold for 2,650 yuan per square meter. By 1980, the price had risen to 9,000 yuan per square meter.

Yang Ming took it and drank it.

"Then do you know what this means?"

In 1978, it became 432.

In addition, the Governor's Palace of Hong Kong continues to sell land here, and the land income has increased sharply.

A piece of land with an astronomical price of 4.755 billion was sold near the Kangle Building.

Now anyone who pays attention to the Xiangjiang property market will know it.

Ma Shimin, Wei Li, Bao Fuda, Xia Boyin, Wei Peter, Mannix and others came, but they did not see Li Caixin, nor Tang Shilian and Lin Xiuzhi.

In the end, Bao Yugang's negotiations with Wharf failed.

Historically, in order to keep Jardine Land from being coveted by Chinese capital, Niu Bijian of Jardine Land finally sold the Kinmen Building to Chen Songqing.

From this point of view, the current housing prices in Xiangjiang have indeed soared to a very abnormal level.

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