Chapter 467: Choose Hell difficulty right from the start?
Chapter 467: Choose Hell difficulty right from the start?
The land shortage in Hong Kong City is man-made. If it were developed as densely as Beverly Hills in Hollywood, there would actually be no shortage of land for building villas.
But no matter what, as long as buyers in the market recognize it and are willing to pay for it, it obviously has good investment value.
An old house like the "Ho Tung Gardens" on the Peak was built more than half a century ago. Even if the house is so dilapidated that it is uninhabitable, it is still worth two or three billion Hong Kong dollars because it can be demolished and rebuilt into ten large houses.
When faced with the Big Wave Bay mansion worth more than 3 million Hong Kong dollars, Zuo Ziyan and her parents actually felt that the price was very cost-effective. It can be seen that the mansions in Hong Kong are indeed very attractive. They are used by many wealthy people as family heirlooms and are not easily sold to the outside world.
If Fan Wumian remembered correctly, he forgot where he saw the news, which mentioned that Xiao Ma's luxury home at No. 13 Big Wave Bay in Hong Kong was worth more than 20 billion Hong Kong dollars, and the annual rent reached tens of millions of Hong Kong dollars, which was more expensive than the luxury home of Boss Ma in Lin'an.
If we calculate the current price, it means that there is room for six or seven times of appreciation in the next ten years or so.
Many assets held by the richest people are often scarce, because other people will pursue the same things after they become rich, resulting in no shortage of buyers.
While the rich enjoy the blessings, they also have the opportunity to make huge profits, which makes countless ordinary people envy them and sigh with emotion: "The rich get richer, and the poor get poorer."
the next morning.
Zuo Ziyan came to visit Fan Wumian's home, and the two talked about this matter again.
Fan Wumian told her:
"I have two plots of land next to Sing Tsai's house on Po Leung Road, The Peak. If your family wants to buy one, I can sell one to you at a low price. However, including the construction cost and taxes, the total cost will be around HK$2 million, and the area is much smaller than No. 13 Big Wave Bay."
"No need. Poole Road is similar to No. 12 Mount Kellett Road where I live. No. 13 Big Wave Bay has a very large garden and you can stand in the yard to enjoy the sea view, so my parents and I like it."
Zuo Ziyan brought some fried chicken to Fan Wumian and was busy unpacking the package when she added:
"Number 13 is old. It will cost tens of millions to renovate the mansion and the garden. My mother wants to dig a fish pond in the yard and raise some carp and swans. She also wants to build a tennis court and a glass greenhouse."
"They want to retire there in the future, and think that after a few decades, there may be an opportunity to demolish the house, subdivide the land and build a few more houses, which will be suitable for passing on to future generations."
"I think it's pretty good. My parents considered going to the UK for retirement. Buying a nice villa in London would cost 20 to 30 million pounds. If I don't stay in the UK, it would be very troublesome to visit them frequently. Living in Hong Kong for retirement would be much more convenient."
Once people get older, they naturally start to think about how to spend their later years.
The vast majority of people do not have the conditions and still have to work, help their children take care of their children, do housework, etc. when they are old. Zuo Ziyan's parents have it much easier and only need to consider how to live comfortably.
Fan Wumian puts on disposable gloves and prepares to eat fried chicken:
"There's really nothing wrong with that mansion. You can buy it with your eyes closed. Unlike here, the sea view is largely blocked by high-rise residential buildings to the west."
Zuo Ziyan smiled and said:
"But your house is very new and more beautiful in style."
"There are only 23 mansions on Big Wave Bay Road, and all the residents are either rich or noble. My parents want to integrate into the Shek O Country Club and find more opportunities for cooperation."
"The 37-storey office building that my company built on Hong Kong Island is likely to be sold to a mainland company soon, so my parents want to establish a good relationship with Aunt Hui of Nan Feng Group and bid for the land in the Pak Shek Kok reclamation area in Tai Po with several other companies. The total investment scale is over billion Hong Kong dollars. She also lives in Big Wave Bay Road."
Zuo Ziyan's family's traditional business is completely different from the path he is taking.
When he heard the word "reclamation area", he subconsciously thought of the "reclamation permit" in Stephen Chow's movie "The Mermaid", which felt particularly high-end.
Fan Wumian didn't know many wealthy people in Hong Kong, but after he became rich, he paid some attention to them. He knew that Nanfeng Group was a very powerful company. Although it was not listed, it owned real estate worth 20 to 30 billion Hong Kong dollars.
The so-called "Auntie Hui" refers to the second daughter of the founder of the Nanfeng Group. There are rumors that she will take over the family business and she often appears in the financial pages of newspapers.
Before they were together, he accompanied Zuo Ziyan to the top of a mountain for a hike and saw the 37-story office building under construction under Zuo's Real Estate. At the time, he wondered if it would happen to encounter a financial crisis right after it was completed, but he didn't expect that it would be sold as a whole now.
Fan Wumian said in a surprised tone:
"Your business has grown so big that you dare to get involved in businesses worth tens of billions of dollars? Which mainland company is planning to acquire your office building?"
Zuo Ziyan said happily:
"It's just a joint investment, with a maximum stake of about 10%. The buyer is a mainland insurance company called 'Huaxia Life', which is very powerful."
"It must be very strong. Its total market value on the Hong Kong Stock Exchange has exceeded 4500 billion Hong Kong dollars. Buying one of your buildings is just a piece of cake."
After listening to Fan Wumian, Zuo Ziyan grumbled while eating chicken wings:
"I find the model in the mainland very interesting. State-owned enterprises control the national pillar industries, resulting in relatively low prices for water, electricity, communications, medical care, education, and transportation, and a crazy increase in the number of middle-class people. I will study these more in the future, which will provide me with a lot of material for my thesis. Professors will definitely give me high scores because it is relatively fresh and there are few Cambridge students who pay attention to this aspect."
Living in a port city, you can observe the changes in the mainland more intuitively.
In the early 1990s, the country was extremely poor, but tremendous changes have taken place in just over a decade.
You don't have to go too far. If you take a trip around Southeast Asia, you will find that the quality of life of mainland residents is actually much higher than that of other countries with the same income. It is easier for people to move from the bottom to the middle class or even the high class.
People like Pu Jiajing and his agent Jiang Shixi who are beside Fan Wumian, live in the mainland but earn a higher salary than the average income in Hong Kong. They truly achieve high income and low consumption, and live a very comfortable life.
For example, Jiang Shixi and Fan Wumian bought a townhouse in the Shahe Golf Villa District. The purchase price in September last year was only 9 million yuan.
Last time, Pu Jiajing went to see it specifically, and talked about it for a long time afterwards, saying that a house that covers an area of 500 square meters, has an actual usable area of more than square meters, and has sunlight from morning to night on sunny days is suitable for living.
Fan Wumian said to Zuo Ziyan half jokingly and half seriously:
"Then you need to put more thought into it. The international community has been busy smearing the mainland, and various stereotypes have taken root in people's minds. Your professor may not believe some of the real data and photos after seeing them."
"It would be helpful for you to look up more information. Maybe you can find a business opportunity worth investing in. When the 37-story office building is sold, your company will have a large amount of cash on its books. If you seize the opportunity, the value of you as a little rich woman will continue to increase significantly."
"But you can't make decisions on your family's affairs by yourself. Why don't you ask your parents for some start-up capital and try to start your own business?"
Zuo Ziyan said:
"It's okay to ask for money, but you have to make a good development plan first, and then discuss it with my parents and get their consent. Sometimes I really envy you. Your father hardly interferes in your affairs. You live a much freer life than me."
"Oh, he did want to intervene, but I never gave him the chance."
Fan Wumian then spoke again:
"Once Valentino is on the right track and I have more money on hand, I will probably acquire an existing cosmetics company and integrate it with Valentino. Cosmetics, skin care products, perfumes and other commodities have profits that are no less than those of clothing, leather goods and shoes, and the market size is very large."
"If you are interested in the fashion industry, we can look for opportunities to do business together."
"But if you don't have much start-up capital, I suggest you focus on the Internet industry, such as investing directly in an e-commerce company, so that you don't delay your studies."
Zuo Ziyan thought of something and said to him:
"Some students in our school are also busy starting their own businesses. I heard from a friend that several Indians suddenly dropped out of school and returned to their home country. It seems that they are planning to start e-commerce and move Amazon to India."
"."
Fan Wumian was speechless and said silently:
"Choose the Hell difficulty level right away? The waters of Third Brother's house are too deep. I don't think you can handle it."
(End of this chapter)