Chapter 489 Off-plan and shared area!
Chapter 489: Off-the-plan property and shared area!
Since January this year, the Xiangjiang Governor-General's Palace has auctioned many plots of land. Basically, the land prices have increased a lot compared to last year.
Ma Shimin, Wei Li, Xia Boyin, Wei Peter, Bao Fuda and others all feel the horror of the current land prices in Xiangjiang.
However, their group now controls a relatively large amount of land. Except for some areas under development, they have not competed with other Chinese capital for new land parcels.
Now, when they suddenly heard their boss talking about this matter, they also felt very strange.
"What would you think if housing prices in Xiangjiang plummeted by the end of next year, and housing prices fell directly back to 1976?"
Will Hong Kong house prices plummet next year?
Ma Shimin and others were very surprised.
If that is really the case, then there are many things to do here. For example, sell as many properties as possible to obtain more funds.
When Hong Kong real estate plummets, how can we still invest?
"Boss, doesn't that mean you want to sell the property in your hand as soon as possible?"
Ma Shimin asked.
This term has been used to this day. People who have lived in Xiangjiang must know that people in Xiangjiang still call it "buying a house" or "paying a house", but they don't say "buying a house".
Speaking of off-plan properties, they indeed play a big role in the development of real estate.
This involves domestic, international, and future issues in Hong Kong, etc.
Yang Ming knew it very well.
Second, "selling off-plan properties" has opened up the unit-by-unit selling model, which means that on the basis of stratification, each floor is divided into several units of different areas and sold separately.
House pre-sale licenses are commonly known as pre-construction properties.
Yang Ming won't move in the off-plan building.
It's exactly the area of the common pool.
Very good way?
This revolutionary measure taken by Mr. Huo has greatly stimulated the real estate market and made it affordable for many ordinary people to buy houses.
Precisely because buildings could only be sold in their entirety at that time, those who could afford to buy the buildings were either wealthy businessmen or foreign banks. The transaction volume was extremely low and the funds were slowly withdrawn. At that time, a businessman from Wenchang, Qiong Province in Xiangjiang was the boss of the International Red Star Investment Group.
Wu Joutai began to sell the buildings in different layers.
The rise and fall of real estate in Xiangjiang is cyclical, but others don't know that.
"We can gradually sell more properties in the past two years, wait until the real estate market in Xiangjiang plummets, and then buy them back one by one. In other words, sell them at the peak and buy them back at the bottom."
These people don't know what the boss said is a good idea?
If we want to talk about off-plan properties.
In the 1950s in Hong Kong, it was all about buying properties, and there was no such thing as buying a house.
"Boss, are we going to lower the price and sell it?" Mannix asked.
The off-plan property proposed by Mr. Huo.
In the Xiangjiang real estate market, in the past, houses were built first and sold later.
When the construction is completed and the developer completes the initial registration of house ownership with the local housing management department and obtains the real estate certificate (property certificate), the house becomes an existing house.
In Yang Ming's previous life, Yang Ming had heard that Li Jiacheng had promoted this public stall area, so many people, especially the buyers, hated Li Jiacheng even more, and there were countless people who cursed it behind his back.
The so-called off-plan properties and off-plan properties are terms for the real estate market. Real estate futures are an investment tool and refer to pre-sold unfinished real estate development projects.
From the inertial inheritance of language, we can also see the shadow of the transaction form back then.
Many people may not know it, but when it comes to off-plan housing, many people know it.
Yang Ming knows that in the second half of next year, Xiangjiang real estate will begin to plummet. Not to mention the Chinese real estate tycoons in Xiangjiang will be greatly affected, but also the homeowners in Xiangjiang will be affected.
For property buyers, the investment risk is the highest because of the phenomenon of "buying cattle across the mountain". In addition to risks such as cash flow, bank mortgages, and interest, there are also risks such as the integrity of the developer and the protection of investors by local laws.
, potential risks such as unfinished buildings and shrunk buildings.
A long time ago, buildings in Xiangjiang were sold whole, so there was no such thing as a "public stall".
In the 1940s and 1950s, buildings in Xiangjiang were generally five-story buildings, which were divided into 5 parts on average and sold to 5 buyers respectively. The five people who purchased a building jointly signed the joint ownership rights.
First, the house is sold before it is completed or even started. It is like in the process of flowering and bearing fruit, before the fruit is born, it is sold to buyers at the flowering stage to collect funds.
A lot can be done this year and the first half of next year.
They are the largest real estate developers, and cutting prices rashly will cause a lot of problems.
In other words, the domestic off-plan property trading system was actually introduced from Xiangjiang. However, China may have been more radical, leading to the emergence of many unfinished properties.
According to research, the earliest buildings that implemented this method are the famous Toad Palace Building and Champagne Building, and of course it cannot be ruled out that they were earlier.
Since the area of each floor is the same, there are relatively few disputes over public stalls.
However, the ensuing problem is that the area of each household is different, and the ownership of public spaces such as corridors and corridors is disputed. The maintenance and repair of stairs and elevators are prone to disputes.
However, in Yang Ming's view, this is not enough.
At the end of 1953, when Mr. Yu was constructing a new building in Sifang Street (now Zhongfang Street), Yau Ma Tei, Hong Kong, he pioneered the idea of paying a deposit before starting construction and selling the house in installments. It was like blossoming (paying money) and bearing fruit (completion). He said
As "selling off-the-plan property".
Ma Shimin and others believe that of course the price cannot be lowered.
Yang Ming shook his head.
"I can't lower the price. But, I have a very good idea."
If it remains unchanged, the land prices will of course continue to soar. After this period, they will still rise in the next period.
"good."
Real estate development projects are sold off-plan, which is most beneficial to real estate developers. In terms of cash flow, they collect money first and deliver the goods after a year and a half.
In China, the off-plan housing stage begins when the developer obtains a commercial housing pre-sale license.
However, the other one, Yang Ming, must make a move.
Today, he is the largest landowner in Xiangjiang.
However, now they don't know that those real estate developers and ordinary investors are like greedy sharks smelling fish, rushing into the Xiangjiang real estate market crazily.
In Xiangjiang, if the real estate project has not yet received an occupation permit issued by the authorities, it is also defined as a pre-planned property.
Therefore, it is commonly known as "selling off-plan properties".
Yang Ming knew that whether it was an off-the-plan building or a shared area, it was not Li Jiacheng who had made great achievements, because in the history at that time, before the 1980s, there were many larger real estate properties in Xiangjiang than his Changjiang Industrial Group.
Home.
Later, because Li Jiacheng became the richest man in Xiangjiang and a representative of Chinese businessmen, his influence had long overshadowed the four major families in Xiangjiang and even other Chinese real estate developers. Even if he was not responsible, they were all blamed on him.
In Yang Ming's view, in addition to the area of pre-planned buildings and shared pools, in terms of land hoarding, it is indeed Mr. Li who has set a bad example in the mainland.
Chapter two!
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