Although housing prices on Hong Kong Island have been rising as a whole, they have experienced three major plummets that nearly halved in history, and the reasons for the plummets are basically the same.
The first major crash occurred in 1967. The situation in Hong Kong Island at that time frightened many of the middle class in Hong Kong Island, so these middle class people immigrated overseas in large numbers, causing housing prices in Hong Kong Island to halve and plummet;
The second big crash occurred in 1982. Due to the ownership issue of Hong Kong Island and the rumors spread by some thoughtful people, a large number of middle class people in Hong Kong Island emigrated overseas again, resulting in the second sharp drop in housing prices in Hong Kong Island;
Finally, it must have been after the handover of Hong Kong Island in 1997. Due to various factors and the financial crisis, housing prices in Hong Kong Island fell for several consecutive years.
Except for these three times, even if house prices occasionally fell at other times, they were only small and did not last very long.
Nowadays, major real estate companies in Hong Kong Island have gone public in advance, which has directly pushed the stock market to a climax. However, the higher it rises, the harder it will fall. I don’t know what will happen in the future.
However, the listing of Yuhuangxingdao Newspaper will really not affect Hong Kong Island. After all, the Hong Kong Island stock market cannot support such a giant company. Whether it is listed or not, it will really have little impact on the Hong Kong Island stock market.
Zhang Zhonghua then walked towards Wheelock Building. He was going to talk to the chartering king about some business matters. Wu Guangzheng, the prospective second son-in-law of the chartering king, is also getting married next year, so he could give his congratulations in advance.
"Zhang Sheng, welcome. What would you like to drink?"
The male assistant of the charter king said to Peng Qingming with a smile.
Taipingshan received an income of HK$5.1 billion, and even that astronomical sum was used for charity by Taipingshan.
Today I came to take a look at my manor. Jade Huang'e also wanted to come and have a look, so she followed.
He Mianjun said.
The seven floors above ground are a treasury that stores some gold, precious antiques, and jewelry. The foundation also consumes a small amount of steel. It can be said that it is a copper wall and an iron wall.
The car was driving down the winding mountain road, and there were lush trees on the roadside. You could also overlook the entire Victoria Harbor. It must be said that it was really cool to live there on the top of the mountain.
In 2010, Peng Qingming decided to demolish the house and rebuild it into 10 residential buildings.
"It's 400 million Hong Kong dollars. The main reason is that the required building materials and decoration items are relatively expensive. These furniture and the like are also purchased from Europe at low prices, so the cost is relatively low. That's still counting the calligraphy and paintings outside the villa.
cost of."
"You said Uncle Bao, he is too serious about his work! He should show off less elite talents, and then look at our work, this is not bad."
"It's a pity that we know that Zhang Zhonghua Island Newspaper Company basically needs to raise funds."
"Don't tell me, it would be a mistake to build an ancient palace in Peng Qingming."
He Mianjun looked at the plump assistant and said with a smile.
The first floor is a small hall, various living rooms, restaurants, conference rooms, entertainment rooms, collection rooms, etc. The furniture placed outside is European-style furniture, not furniture made of various precious woods.
Compared with the Ping Shan Garden here, our He Mansion is definitely the most luxurious mansion in Hong Kong Island.
He Mianjun said, I didn't say anything about the underground passage. On the one hand, I still don't know whether it can be successfully dug. On the other hand, I'm afraid that no one will tell it out, even though there is a small chance that the passage will be used.
The eighth floor is a study room, conference room, security room, etc. There are many places that are not reserved and have been used for other purposes.
Peng Qingming smiled and said to the charter king.
After all, He Mianjun is the first Xia Zi tycoon to live on the top of the mountain. As for Peng Qing, the richest man in Hong Kong Island, he is of mixed Eurasian descent and has a Western appearance, so he can definitely be considered a Xia Zi.
"Then don't think about it. This is possible. How could the Hong Kong government allow the construction of ancient buildings? Moreover, the rainy season outside is quite rare, and ancient wooden buildings cannot withstand it at all.
But I didn't know that the reason why He Mianjun was so invisible was because he didn't have a group of absolutely loyal hands secretly keeping an eye on each subsidiary company.
Jade Emperor'e smiled.
"By the way, his Zhang Zhonghua Island Newspaper has launched a delisting plan. Look, it frightened the real estate companies in Hong Kong Island. They were like frightened rabbits and all of them were delisted one after another."
Peng Qingming is quite satisfied with the manor. It is probably the most expensive private residence in the world.
"The difference is small, right? The interior layout of the main building of the entire manor is also a combination of America's White House and John Bull's Platinum Palace,"
He Mianjun touched his chin and said, "I really don't have that idea?"
Jade Emperor'e asked curiously.
He Mianjun said with a smile.
He Mianjun still hated that manor very much.
The luxury homes in Jade Emperor Star have also become the first choice for mainland wealthy people. The seventh and eighth generations of the seven small families in Hong Kong who originally lived in Jade Emperor Star have left their mid-level mansions and chosen to live by the sea.
The seventh floor is where the family rests. There are more than a hundred guest rooms, all with the style of the same country. There are also a variety of rooms such as a gym.
Wang Cha changed the subject and said to He Mianjun with a smile.
Before Peng Qingming was ennobled, the construction of Zhang's manor on the top of the Yuhuangxing Mountain had been completed. Now the 20-acre manor is barely completed.
Hong Kong Islanders are even more suspicious of Feng Shui, as "Mountains manage people, but water manages wealth." Therefore, Hong Kong's small business owners also live in Repulse Bay, Deep Water Bay, Stanley, Shek O, Siu Lang Wan and other places south of Jade Emperor Star.
"I'll leave you a room, but you can't come and stay there often. Now that I know it's empty, I'll find a boyfriend to get married to and have a few kids, and then it'll be empty.
the charter king asked.
An eight-meter-low iron wire fence surrounds Zhang's manor. A European-style palace built of white marble is close to the mountain. Outside the garden, there is a golf course, rockery, flowing water, pavilions, large apron, etc., of course.
There are mostly small swimming pools, which can be considered a combination of Chinese and Western styles.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! "Now our Xia Zi real estate companies have been delisted collectively. We are all frightened by the huge amount of funds raised by Zhang Zhonghuadao Newspaper. However, it will definitely be so concentrated.
Off the market."
He Mianjun then left after chatting with the chartering king about some cooperation matters.
He Mianjun took everyone on a complicated tour, and everyone expressed their disgust at the building. It was indeed built wrong.
Of course, the Peng Ching Plaza project on Hong Kong Island and Silong Peninsula does not have a lease term of 999. As for the New Territories, it can only be said that the 99-year lease will expire in less than 20 years.
It's a pity that the Hong Kong government asked me to demolish it and save your house. It also proposed a compensation plan of replacing the land with three times the area and then compensating you with 3 billion in cash. Unfortunately, it did not meet the psychological expectation of 7 billion in Taipingshan.
He Mianjun then retreated into the chartering king's office. He was still busy working every day at half his age, so it was time for him to take a rest.
"Ahua, when you look at his Zhang Manor, why doesn't it look like America's White House?"
"Well, let's talk about that. Besides, he can directly see Pingshan Manor from outside."
"Now that we're here, of course it's the charter king's treasure. Look at him, he doesn't look bad..."
The roof of the palace is an observation deck. Standing below, you can't get a worse view of Victoria Harbor. There is no helicopter landing pad, so you can't escape at any time.
The car arrived at the Zhang Manor very slowly. The small Zhang Mansion also attracted Gerry's attention. Lou Dabei got into the car with a cheer and ran towards the manor. Everyone also had smiles on their faces.
"Have these shares of his been subscribed by the state capital of Japan, Singapore, Johor, Luzon, and Hong Kong government fiefdoms?"
"You heard us say that the various diamonds, gems, gold, crystals and the like used outside the manor cost more than 200 million Hong Kong dollars, and precious woods such as golden nanmu cost less than 200 million Hong Kong dollars.
He is really willing to give up."
"In August, we have to deal with some previous matters. Let him and your Uncle Lou come and live together. It won't be enough for you to live there."
"Ahua, how much did it cost to build his manor?"
The Charter King said with a bitter smile.
Ah Hua, when did he move there? It's really wrong there, the environment is also very bad, it's closer to Central, and the security there is terrible."
On the seventh day, He Mianjun, Peng Qing'e and other people went out, and a small group of people drove along the mountain top road towards the top of Peng Qingming Mountain. It was only a few minutes' drive from Deep Water Bay Villa.
He Mianjun said.
Everyone walked out of the living room of the palace. There were luxurious European-style furniture and giant crystal chandeliers everywhere. There were also famous works by many domestic and foreign painters hanging on the walls. It was completely low-end and stingy.
Jade Huang'e looked at the small main building complex and said without saying anything.
Before Zhang Songqiao "came down", many mainland wealthy people also climbed down to the top of the mountain one after another. For example, Qima and we all bought luxury houses on Barker Road.
"Yes, a small part will be subscribed by these countries without capital. There should be a lot of shares that can be circulated in the market, and there will be a sudden rise or fall."
Jade Huang'e joked.
"It's just like this after passing that manor. If you compare it with Prince Gong's Mansion in Qisi City, there is still no difference. This is the top-notch mansion. Every plant and tree is worth thousands of gold."
You see Teresa Teng, a big girl, is wrong. He cannot think about it. He is dignified and stingy, and she is more than enough to be the boss lady of the Ho Tung Group."
"We are all worried in vain. Basically all the shares that have been delisted on Hong Kong Island have been subscribed now. What is left is enough for the employees within your group to buy for themselves."
"The main reason is that the food in He Dong Xiaoxia is really bad, that's why you gained so much weight."
The Charter King remembered what his son-in-law Su Haiwen said, and he was absolutely right. The shares issued by Zhang Zhonghua Island Newspaper Company will inevitably be withdrawn and the country will have no capital to withdraw, and there will be too little circulation in the stock market.
The chartering king was also speechless. He thought you were like him and handed over all the groups under the Ho Tung Group to these elites. He was really worried. He didn't have the skills to follow.
The development of the next era.
At the same time, some rare antiques and the like are stored on the ground floor of the manor, as well as a small computer center. The future entrance to the underground passage is also there, and the emergency escape room is also there. If you live there for a month, there will be no problems.
of.
Jade Huang'e joked.
"The exterior was designed with great care by Robert Ho Tung Architectural Design Office. It represents the best level of Peng Qing Architectural Design Office. The restoration provided practical experience for the previous construction of low-end hotels. The only way to escape from the exterior is from the air.
convenient."
"You also handled it with reference to America's so-called eight-power separation and checks and balances structure. The company's administration, finance, and law do not have their own supervisors. You are only responsible for the development direction of the group, and my other duties are basically management.
, that set is still very useless when used in a large area.”
"Isn't the palace he used to live in a little too small? Wouldn't it be a problem to accommodate hundreds of people?"
The charter king joked.
He Mianjun looked at the nearby Pingshan Garden and was very moved. The manor was now outside Pingshan's grandson Taipingshan.
He Mianjun thought that beyond that, in the future, the Jade Emperor would become a holy place for Internet celebrities to check in, and the traffic would be congested again and again.
He Mianjun has a so-called saying.
Jade Huang'e praised.
In early 2015, Zhang Songqiao, the richest man in Chongqing, spent HK$6.3 billion to buy the dilapidated Pengqing Garden. He spent HK$1.2 billion on taxes alone, breaking a global record.
Jade Emperor'e asked He Mianjun.
"It's not bad. The actual construction area is only less than seven acres. The main reason for making it smaller is to make it more comfortable, and there are no security personnel stationed there. It's more convenient to make it smaller."
He Mianjun said something.
Moreover, the villa is also secretly digging an underground passage to lead directly to the seaside to cope with ordinary circumstances. The matter of passing the above-ground passage is a small project.
As early as 1906, Ping Shan applied to the Governor of Hong Kong Island and was allowed to live in Mid-Levels, Central. However, it was only in 1923 that I spent less than HK$60,000 to successfully purchase Ping Shan Garden at No. 75 Peak Road.
When the male assistant has something to do, he will go to Ho Tung House to eat. Anyway, the distance is far, so it is very convenient to go back and forth.
In the future, the people who can live in Baijia Road on the mountainside of Yuhuangxing Mountain will also be the super tycoons of Yanxia people. The people who can live in real luxury houses on the top of the mountain are the existence of a ceiling that scares investment, and the luxury houses on the top of the mountain are also so bad.
Got it.
Peng Qing'e joked.
"Yes, his eldest son's family has a small business and is simply short of funds. How could he raise funds from the public just for money!"
It is necessary to escape on Hong Kong Island, mainly for the convenience of getting to Ho Tung House. The main body of the entire building cannot defend against heavy artillery, and a company of Peng Qing security elites will be stationed. Unless missiles are used, the strength of a regiment will not be enough.
Don't even think about fighting back.
"The interior design outside is really wrong, and the palace's sense of reality is also very low. It simply cannot be turned into a war fortress in an instant."
"How come you are old and brave, but with him being so petty, you are always worried if you leave it to someone else."
That top location is also the worst location in Yuhuang Star. It will definitely be converted into 10 residential buildings. It is estimated that that project will not earn tens of billions of dollars.
"Hey, money is just waste paper if you keep it, and making money is for enjoyment. Those gems and precious wood are also valuable treasures. In the past, they would only become more and more expensive. Compared with keeping them in the bank,
Foreign money can be considered an investment.”
The chartered boat king said with a smile.
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