Chapter 486: Housing prices in Xiangjiang soared like crazy!
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, 100 million Hong Kong dollars was already a lot, but Yang Ming knew that even million Hong Kong dollars might not be enough.
At that time, Yang Jie originally allocated 100 million RMB for this TV series for YangTV, which was enough, but later 300 million RMB was used.
Now 100 million RMB is certainly worth much more than 100 million Hong Kong dollars.
However, he did not tell Huang Xizhao directly that he might need 500 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."
Ah Zhu went to get the newspaper, while Zhong Chuhong made coffee.
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.
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 is even reported in the press that Southeast Asian real estate has entered the Hong Kong market on a large scale.
Of course, aside from Chen Songqing.
Real estate in Xiangjiang is indeed very abnormal now.
In 1978, Yang Minghua paid a high price of nearly to square meters for the Murray Building plot to build the Empire State Building.
After 1979, now in 1980, the land auction in Xiangjiang has become even more abnormal.
In 1976, a 40-square-meter house was still selling for 2650 yuan per square meter. By 1980, the price had risen to 9000 yuan per square meter.
The auction price of non-industrial land in Xiangjiang Central District increased from 1976 yuan per square meter in 14910 to 1980 yuan per square meter in 300000.
In four years, the unit price of houses has increased five times, and the land price has gone crazy, increasing more than 5 times.
A piece of land was sold for an astronomical price of RMB 47.55 billion near the Kangle Building.
Yang Ming has noticed this problem.
Recall the historical problems of real estate development in Xiangjiang.
"Young Master Yang, your coffee." Zhong Chuhong has already made the cup of coffee.
Yang Ming took it and drank it.
Azhu and Zhong Chuhong didn't know what the young master was thinking, and they seemed fascinated.
Yang Ming picked up the landline phone.
"Boss, I'm at home."
Lin Xiuzhi had just returned and was in her room.
"Call Ma Shimin, Wei Li, Bao Fuda, Xia Boyin, Wei Peter, Mannix and others to come over."
"Boss, don't you need Mr. Li Caixin?"
"Need not."
Lin Xiuzhi already understood.
It's already time to get off work, and it's not yet dinner time.
Ma Shimin and others should still be in the company.
When they received calls from Lin Xiuzhi, they all left the company and drove here.
Come to the Repulse Bay Mid-Levels Villa.
It was already past eight o'clock in the evening.
It's still early.
Yang Ming's study on the third floor.
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.
They knew that Yang Ming went to Moscow some time ago. However, they didn't know what the boss was doing in Mosco.
Yang Ming sat in front, and these people sat down in their own places.
"Do you know the recent changes in housing prices in Xiangjiang?"
Are housing prices changing in Hong Kong?
"Boss, housing prices in Xiangjiang have skyrocketed." Ma Shimin said directly.
Now anyone who pays attention to the Xiangjiang property market will know it.
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.
In particular, Xiangjiang Land is one of the largest real estate developers in Xiangjiang, Asia and the world. It owns a lot of high-quality land in Xiangjiang.
However, those lands were developed step by step.
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 Huang Tingfang and his son.
However, it is now bought by Wharf.
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.
Now I don’t know how much land Wharf owns alone.
"Then do you know what this means?"
What does it mean?
Of course, the land owned by the Imperial Group is more valuable.
"Boss, these lands will be more valuable if they are developed and listed." Weili said directly.
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, and no one knows how much they are worth.
However, the price of land has soared 20 times in the past four years, which is very scary.
According to Wei Li, Ma Shimin and others, land prices in Xiangjiang will continue to soar, including real estate in Xiangjiang.
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 the hot money brought from Southeast Asia, have directly pushed up the land prices and housing prices in Xiangjiang. .
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.
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.
Yang Ming shook his head.
If we take 1975 as the starting point of housing prices, we would start counting from 100.
Then in 1976, it became 260.
In 1977, it became 354.
In 1978, it became 432.
In 1979, it became 725.
In 1980, it became 938.
In 1981, it became 1050.
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. It will return to the stage of 1977 to 1978, and it will not gradually recover until 1984.
what does this mean?
This means that the real estate crisis in Xiangjiang will soon break out, but who knows now?
Ma Shimin, Wei Li, Bao Fuda and others were all surprised when they heard this.
If that were the case, wouldn’t real estate be in danger now?
At this time, the housing market in Xiangjiang is really in short supply.
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 3 million to 7.15 billion.
In addition, the Government House of Xiangjiang continued to sell land here, and the land revenue increased sharply.
In 1976, the income from land sales was only 4.41 million yuan.
In 1980, it reached 39.3 billion yuan.
"Boss, the current price of Kinmen Tower is HK$15 billion."
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.
Historically, Jardine Land sold this building to Chen Songqing of Jianing Group.
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. .
At the beginning, these three buildings were among the most valuable properties in Xiangjiang Central District.
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 Golden Gate 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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