Chapter 24 [Installation C Mode]

Author: Ren Zhufei

Chapter 24 [Installation C Mode]

Changjiang Real Estate.

Lin Zhichao and Huang Shun are signing the construction contract for the "four tenement buildings at No. 126, Modu Street, Kowloon".

Only then did Huang Shun realize Lin Zhichao's shrewdness and said: "Boss Lin, you have been inspecting the construction site every two days for the past three days. We are really teaching the apprentices to starve the master to death!"

He recently heard that Lin Zhichao always inquired about various things at the construction site, and he was so angry that he cursed Supervisor Sun. No, retribution would come immediately.

In this cooperation, Yangtze Real Estate asked Huang Shun Construction to contract the project without counting the cost of construction materials. Even the price was lowered.

Huang Shun understood that Lin Zhichao had already figured out the secrets involved. He even heard from his son Huang Zutang that Lin Zhichao had great learning ability and almost had a photographic memory.

Lin Zhichao said with a smile: "Uncle Huang, now Cheung Kong Properties is the largest residential developer in Hong Kong. The land in Happy Valley has 26 buildings, and we have acquired another land that can build 22 buildings. If we don't know about such a large project,

I'm afraid it won't be justified if I try to be more economical."

Huang Shun was stunned and asked in surprise: "You have acquired another piece of land, can you still build 22 tenement buildings?"

Lin Zhichao smiled and nodded! He will not set up a construction company for the time being. After all, Huang Shun is a veteran builder. Having him undertake the construction project will save him a lot of trouble.

However, if the price can be suppressed, it must be suppressed severely.

You know, there are almost only a handful of real estate companies in Hong Kong that dare to build ten tenement buildings, so Cheung Kong Properties is the largest residential developer.

There are still more residential buildings being built in Hong Kong, but many owners and real estate companies intend to collect rent. They only see high rents, but do not see the benefits of "goods rotate", so it is impossible to develop them.

Huang Shun gritted his teeth and said: "Okay, I will take over this project. Boss Lin, please take more care of me in the future. After all, we have worked together twice, so we know everything about it."

Lin Zhichao agreed: "This is natural. Uncle Huang is a veteran builder, and most of his people are skilled workers."

Let’s deal with it first. Lin Zhichao may not necessarily hand over the next two large-scale projects to Huang Shun Construction Company. Everything will be based on a plan that is beneficial to Yangtze Real Estate.

After signing the contract with Huang Shun Construction Company, No. 126 Modu Street will start construction in mid-July; as for sales, Lin Zhichao is not particularly anxious, after all, the company's funds are enough to operate now.

Shortly after Huang Shun left, his son Huang Zutang came to Changjiang to buy real estate.

At this time, Huang Zutang had just established "Huang Zutang Zeshi Building", which was regarded as independent from Huang Shun Construction Company.

The reason for this confidence is probably due to the cooperation with Changjiang Real Estate.

"Lin Sheng, the overall plans of 'Lantian Yayuan' have been revised. I'll bring them to you!" Huang Zutang took out some hand-drawn plans and placed them on Lin Zhichao's desk.

Lin Zhichao smiled and said: "Huang Zeshi, your speed is very fast, and I am not rushing you to rush. This Happy Valley project is not particularly urgent."

I saw that there were dark circles in Huang Zutang's eyes, and he stayed up late drawing pictures as soon as he saw it.

"I can't sleep! I learned a lot while working with Lin Sheng, and I am very excited."

Lin Zhichao laughed "haha" and said: "You are the master and I am the apprentice, aren't you just bragging!"

Wong Cho-tang said with a smile: "The ancients said that if a group of three people are walking together, there must be a teacher from me, which makes sense. Lin Sheng's idea of ​​'private housing estates' can be said to be the first of its kind in housing in Hong Kong, and it has benefited us a lot as a teacher." Lam Sang’s contribution to the entire Hong Kong real estate industry is huge.”

Lin Zhichao smiled, it was just some basic exercises, these people just followed the imperial decree.

It turns out that the 40,000 square feet of land in Happy Valley can be designed as 26 tenement buildings. If they were designed according to other standards, they would inevitably distribute these tenement buildings neatly.

But Lin Zhichao didn't think so. He wanted to build a "private housing estate" concept, which was the community model in the mainland in later generations. Hong Kong people called it housing estate.

To put it simply, the Land and Land Office only stipulates your plot ratio, which means floor area x plot ratio, which is the floor area you can build. Other aspects only need to be reviewed normally.

Therefore, Lin Zhichao arranged the 26 tenement buildings in a circle (with gaps, and the gaps between two and three are larger), and surrounded them with iron fences, leaving open space in the middle and building gardens, pavilions, and amenities for residents. Rest and play. In this way, people from outside cannot come in for no reason.

The benefits of this design are self-evident, and will be well received by buyers. After all, who doesn’t want to live in a place with a safe environment? Everyone is fleeing from the mainland, and no one wants to worry about the safety of their property.

Then, even if the house price exceeds 30 Hong Kong dollars per square foot, it is possible.

Huang Zutang's participation in the design of this kind of housing estate can not only improve his level, but also increase the popularity of his house.

As for the design of each tenement building, they are all very similar, and the drafts can be submitted in a week or two.

"It seems okay! Then, I'll take a closer look and make sure I tell you!"

"OK"

This project has been designed for a month and is now at the final stage. If there are no accidents, construction is expected to start in September or October.

As for the sales issue, Lin Zhichao plans to create another great success, that is, to build a model house and set up a sales office. After all, it is 130 units of off-plan housing, and there is no temptation. Lin Zhichao is really worried about the problem of selling out.

General Manager's Office of Bank of East Asia.

Lin Zhichao took the title deed of the "Old Ferry Street Gas Works" and prepared a loan.

In fact, he is a very conservative real estate businessman. Some real estate developers in later generations directly asked the bank to pay 70% when purchasing land and paid 30% themselves. However, Yangtze Real Estate currently takes the land and then takes it to East Asia. Bank loans accounted for 60%, but in the end it was almost just over 50%.

At present, Yangtze River Real Estate's loan from the Bank of East Asia is HK$850,000, which is considered a key supporter of the Bank of East Asia. Some people say that Lin Zhichao is a supporter of Jian Dongpu.

In fact, it is a win-win situation. After all, Changjiang Real Estate now has a strong reputation and is worth investing in.

If he didn't have the ability and the "Mountain Road Project" to become an instant hit, others would simply ignore Lin Zhichao, a fellow countryman.

"Mr. Jian, we spent 550,000 Hong Kong dollars to buy this land. So we plan to borrow 300,000 Hong Kong dollars." Lin Zhichao handed the land deed, land purchase contract and other information to Jian Dongpu.

Jian Dongpu was shocked by Lin Zhichao again. Where did this young man get so much money?

"You won't use the previous loan of 700,000 Hong Kong dollars to buy land, right?"

Lin Zhichao smiled and said: "How can that work? We have already paid Sir Ho Tung 500,000 Hong Kong dollars in profit dividends, and the other 200,000 Hong Kong dollars are lying on the company's account to start construction on that land."

Jian Dongpu knew it was impossible as soon as he thought about it. After all, he had seen the contract signed by Cheung Kong Real Estate and Ho Tung Real Estate.

So he stopped asking other questions. Lin Zhichao was legendary enough in his own right. Some said he had picked up gold, and some said he was a descendant of a warlord.

"Is it industrial land? Do you want to invest in a factory?"

Lin Zhichao has started the pretending mode again. After all, he wants to deceive others into getting loans, and the most important thing is to show his value.

"No, I went to the Land and Land Department and asked that this land can be converted into residential land. We only need to pay a land price of HK$300,000. In this way, our total cost is only HK$850,000. And according to the market price, the same size and the same lot

The residential land probably cost around 1 million, but we saved at least 200,000 Hong Kong dollars."

Jian Dongpu immediately praised: "Okay, I didn't expect you to be so familiar with real estate. Do you want to take a loan to cover the land price, and then wait for the sale of "Lam Tin Garden" in Happy Valley to develop the land on Ferry Street?"

Lin Zhichao said: "Yes! After changing the nature of the land, we can prepare first and start construction next year."

Jian Dongpu asked again: "Aren't you worried about the lack of purchasing power? Hong Kong can afford to buy a house worth 30,000 Hong Kong dollars. Is there enough people?"

He actually asked this deliberately, because there are still some rich people in Hong Kong.

Lin Zhichao said: "It is estimated that thousands of units can be digested. After all, the mainland will continue to import a large amount of capital. In fact, the current thinking of Hong Kong real estate companies is still not open. Many of them are for the purpose of leasing, thinking that this is better

Make money. As everyone knows, for real estate companies, the most important thing is the constant rotation of goods."

Jian Dongpu could only say in his heart that this young man was born to engage in real estate.

In the end, Jian Dongpu readily agreed to lend money. After all, the two parties had an agreement to support Lin Zhichao's real estate development, and the loan amount was 60% of the asset value.

In fact, Lin Zhichao only charges more than 50% each time.
Chapter completed!