Tianxia Real Estate launched a subscription plan for 150,000 houses, which caused a sensation in Hong Kong overnight.

The monthly transaction volume of Hong Kong is only 5,000 units. Judging from this transaction volume, it will take at least 30 months for the market to digest 150,000 units. After such a long time, Hong Kong has long returned.

What's more, these houses are nearly 20% cheaper than houses in the same area, so they are more popular with the public. Therefore, it is basically impossible for British consortiums to sell houses at high prices to run away.

There are so many houses in summer that their houses must be sold at a lower price, otherwise they will not be able to be sold at all. If they cannot be sold and thrown into their hands, they should not try to take the money and leave.

It also made them afraid to expose the real estate bubble in Hong Kong. Because in that case, the houses in their hands will depreciate and cause huge losses, so they are afraid of the situation.

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Sure enough, after Tianxia Real Estate launched 150,000 houses, Hong Kong's housing prices suddenly fell by 10%. This is also the first time that Hong Kong's housing prices have turned from rising to falling in four years since 1992.

Moreover, after Tianxia Real Estate began to sell houses, the sales offices of real estate companies such as Xinhong Base Real Estate, Hutchison Whampoa, Land and Swire were suddenly deserted.

The people who were originally queuing for long queues to buy houses by lottery are now all rushing to the sales office of Tianxia Real Estate.

The reason for this is that Tianxia Real Estate's houses are cheaper. Even if the housing prices outside have fallen now, Tianxia Real Estate's houses are still nearly 10% cheaper. This achievement is 300,000 to 400,000 Hong Kong dollars. For ordinary Hong Kong people, they naturally need to save as much as they can.

Second, Tianxia Real Estate has a good location. Unlike Land, Hutchison Wong, Swire and others have built their houses in the New Territories. Tianxia Real Estate holds many properties in Hong Kong Island and Kowloon, and they all snatched them from other real estate companies during the stock market crash in Xiatian.

These high-quality houses are very attractive to Hong Kong people. After all, everyone hopes to live in a bustling downtown area rather than in the countryside of the New Territories. This is the reason why it is better to have a bed in Puxi than a room in Pudong.

Third, the houses of Tianxia Real Estate are of good quality. In order to make more money, many real estate developers in Hong Kong will use lower-spec materials to construct them. This has caused various problems with their houses, such as shrinking area, poor sound insulation on the walls, leakage and electricity. Things like this can be reported dozens of times in Hong Kong every day, which is no longer a big deal.

However, when the houses of Tianxia Real Estate were built, they built employee apartments for employees. In order to make employees live with peace of mind, there is naturally no discount on the quality of the house.

Moreover, there are many people living in these houses in Tianxia Real Estate, so they strictly control the design, construction and decoration. After all, no one will take advantage of themselves. Therefore, Tianxia Real Estate's houses are much better quality than other real estate developers.

The quality is good, the location is good, the price is cheap... It would be strange if such a house is not popular.

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Hong Kong citizens flock to Tianxia Real Estate to buy houses.

Although Tianxia Real Estate's house subscription is preferred to employees of Tianxia Group. However, there are policies from above and countermeasures from below. Many citizens spend high prices to purchase Tianxia Real Estate's house subscription rights from employees of Tianxia Group.

A house subscription certificate even costs 300,000 or even 100,000 or 100,000 or 100,000 Hong Kong dollars. Even so, it is still difficult to find a certificate. After all, money is easy to make, and a house is difficult to buy. Now sell the subscription rights of the house and want to buy it back in the original price in the future.

Therefore, for a house subscription certificate, Tianxia Group and even Hong Kong became lively. They all rely on relationships, go through the back door, fight, and fight, and are extremely lively.

There was even a scalper who specialized in reselling house subscription certificates. They used their relationship to buy subscription certificates from employees of Tianxia Group, and then sold them at an additional price based on location, apartment type, area, etc.

A scalper with all-hands and eyes became a millionaire by reselling house subscription rights certificates. It can be seen that the prosperity of buying and selling and the abundant profits.

With everyone's active subscription, Tianxia Real Estate also gained a lot.

After the subscription plan for 150,000 houses was launched, more than 70,000 families applied for subscription on the same day, and the deposit paid exceeded 20 billion Hong Kong dollars.

If all 150,000 houses are sold, the amount will be as high as about 300 billion Hong Kong dollars. Tianxia Real Estate will set the highest real estate transaction record since the opening of Hong Kong.

Affected by this good news, the stock price of Tianxia Real Estate soared.

Before, Tianxia Real Estate's house was rented but not sold, so its annual income was very limited, and its financial report was far less beautiful than other real estate companies.

For example, Hutchison Wong, Land, Sun Hung Kai, etc., because they always sell houses, the financial reports they produce are very beautiful, and their annual income is tens of billions of Hong Kong dollars.

Tianxia Real Estate only has a revenue of several billion Hong Kong dollars, and because of its investment in investment, only debts rise every year, so naturally it is not popular among investors.

Now, Tianxia Real Estate can earn hundreds of billions of Hong Kong dollars by selling a house. Such impressive results naturally make investors extremely excited and they are rushing to buy Tianxia Real Estate's stocks. This also stimulates the stock price of Tianxia Group to rise steadily.

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It is worth mentioning that the sale of not only houses this time in Xiatian is not only a house, but also a large number of properties, such as office buildings, commercial buildings, parking lots, warehouses, docks, industrial factories, etc. These are also one of the main assets sold by the British Group before withdrawing from Hong Kong.

Xia Tiantian sells out these commercial properties held by Tianxia Real Estate, which forces the British Group to lower the price and sell it. Otherwise, they would not want to take the money away.

You should know that it is not uncommon for a commercial building in Hong Kong to be worth at least 2 billion Hong Kong dollars, or even nearly 10 billion Hong Kong dollars.

Real estate companies such as Land, Swire, and Hutchison Whampoa have been developing real estate since the opening of Hong Kong, so they have the most commercial buildings in their hands.

For example, Land Land is known as the Land King in Central, while Hutchison Whampoa is known as the Land King in Kowloon. They can make billions of Hong Kong dollars in profits every year by renting these commercial buildings.

Now that Hong Kong is about to return, they are worried that their future lives will be difficult, so they have to sell these properties and leave.

In recent years, transactions in Hong Kong commercial buildings have been very frequent. One commercial building worth nearly 10 billion Hong Kong dollars is just like buying cabbage.
Chapter completed!