Chapter 9 [Cheung Kong Properties]
Chapter 9 [Yangtze River Real Estate]
Author: Ren Zhufei
Chapter 9 [Yangtze River Real Estate]
Lin Zhichao came to the Chinese Walking Building and planned to rent an office building and put on the sign of "Yangtze River Real Estate".
"Lin Sheng, you are so young and promising!" the intermediary said flatteringly.
Lin Zhichao smiled faintly. He was only 19 years old. Even if he dressed up a little more maturely, he looked like he was only twenty years old. Although there were many bosses who started a business at the age of twenty, there were definitely not many who started so high that they dared to rent office buildings in Central China.
"It's over-the-win, let's just look at the house!"
"Okay, it's not easy for you to come to this Chinese travel building with me. In the 1920s and 1920s, our Chinese businessmen could not squeeze into Central's office at all, and foreigners looked down on our Chinese businessmen. Later, after the building was built, our Chinese businessmen gradually became rich and rented them one after another. This annoyed the foreign merchants who rented the place, and then they protested, but in the end they had to leave the building. In this way, our Chinese businessmen came to this building and took a steady foothold in Central. Therefore, the owners also changed their name to "Chinese Travel". This building is very meaningful."
Lin Zhichao did not speak much from the intermediary, but instead listened with relish. Although the status of Chinese businessmen at this time had improved to a certain extent, they had to reach the height of British capital and still gained after the 1970s.
The Chinese Walking Building has another very important significance in later generations, that is, the "Far East Meeting" stock exchange was quietly prepared at the Chinese Walking Building and was finally announced to be established.
Because under the circumstances at that time, Li Fuzhao and others were also worried that in the preparations, they would face the pressure from the Hong Kong Association, which would affect the establishment of the Far East Association.
If there was no Far East Conference and if there was no "Four Conferences" together, it would be very difficult for Chinese companies to go public and there would be no way to discuss fundraising. So how could Chinese funds surpass British funds in the 1970s?
Therefore, the history of Xiangjiang business is the history of Chinese capital's struggle, and the history here is very meaningful.
"Are there many office buildings available for rent in the Chinese Walking Building now?"
"There are not many, only two, and only one that meets your requirements. And to be honest, many companies have recently moved into Xiangjiang from the mainland or opened branches. According to this situation, the office buildings in Central will soon be in short supply. So it is a good time for you to rent them at this time."
I didn't expect that an intermediary would have such insight.
At this time, it may be said that there are signs of these, and only well-informed people can discover them.
When they arrived at the 6th floor of the Chinese Walking Building, the two walked into an office building of about 800 square feet.
"Lin Sheng, look, the windows here just overlook Queen's Avenue, and the view is very good."
Lin Zhichao had almost no hesitation and took a few simple glances.
"Well, indeed. I like it very much, so I didn't hesitate and rented it!"
At this time, the rent for office buildings on Queen's Avenue in Central is HK$0.7 per square foot per month, so the monthly rent for this house is RMB 560, which requires nearly RMB 7,000 a year.
And from 1948 to 1949, the price may have doubled, which is the result of supply shortage.
Although he knew this, Lin Zhichao did not use this information and planned to sign for a few more years. First, the landlord would not be so stupid, second, Lin Zhichao's funds were also limited, and third, he could also make this increase.
When the agent Hu Zhaoxu heard this, he quickly said, "Lin Sheng is such a cheerful person. He deserves to be rich by a boss like you."
Lin Zhichao said with a smile: "Haha." Seeing that Hu Zhaoxu was an elf, Lin Zhichao felt that he could win over, so he said: "Would Ah Xu be willing to follow me? I promise not to earn less than you do as an intermediary!"
How much money can a rented agent make?
Hu Zhaoxu was stunned and immediately said, "Lin Sheng, what are you doing?"
Seeing that Lin Zhichao didn't shake anything, others were afraid that they would not be shaken at all, so he said, "I plan to buy land, old buildings, and then build new buildings for sale. You all know that there are more and more bosses in Xiangjiang, so naturally they should know the prospects of real estate. If you have ideas, you can come here to make an appointment with me later and talk about the specific treatment in detail."
If you don’t force it, it depends on whether Hu Zhaoxu knows people.
Hu Zhaoxu hurriedly said, "Okay, thanks to Lin Sheng for his appreciation. I'll go back and think about it!"
There were actually ripples in his heart, and he had the idea of talking about it. Seeing that Lin Zhichao was of good temperament and planned to do a property business, he was afraid that he had a strong capital.
It is suitable for opening on Valentine's Day on February 14th.
Changjiang Real Estate was established in a low-key manner that day, including him, with a total of three employees - Lin Zhichao, Li Gaofu, and Hu Zhaoxu. Then the recruitment will continue.
However, it is relatively simple to do real estate in this era.
Legal, formalities, finding a partner law firm, one-stop service;
If you are looking for a cooperation, you will be better if you have trustworthy ones. You can add your own ideas, designs, and construction.
The rest is sales issues, just plan your own.
During this period, Hong Kong's real estate industry was not developed at all, mainly due to many restrictions:
First, the Hong Kong government stipulates that the highest residential house cannot exceed five floors, and the general residential building is a tenement building.
Second, during this period, real estate transactions in Hong Kong were sold in units of "buildings" and "buildings", which greatly raised the threshold for property purchase and sale. Those who could afford a building were all wealthy people in the Shang Dynasty.
Third, there is no "prescription housing sales" and "layered sales" during this period. Real estate companies have slow payment collection, so it is not conducive to real estate development. Even if the building is built, it may not be possible to find a buyer in a short time.
In short, many restrictions have seriously affected the development of real estate.
On the other hand, there is a large number of residential properties in Hong Kong. Although the Hong Kong government encouraged capital to rebuild the buildings damaged after the war, it was still useless.
Lin Zhichao dares to intervene in Hong Kong's real estate industry, so he naturally has a magic weapon, not to mention that Hong Kong real estate will rise in the next three years. This alone is enough to intervene in the real estate industry.
"Zhaoxu, our current job is to find land or old buildings. We can build almost two or three tenement buildings, as the best goal!"
"Okay, boss, I'll be out looking for information and searching for targets immediately, and then report to you."
Lin Zhichao nodded. Hu Zhaoxu was 27 or 28 years old this year and has been an agent for several years. He is always more familiar with the property situation in Hong Kong than him.
"Brother Gao Fu, now you go to make a job advertisement. We need an accountant, cashier, and then to recruit construction specialists. Also, to purchase office items."
Li Gaofu took the notebook and recorded Lin Zhichao's request, nodded and said, "Okay, I'll prepare immediately."
Lin Zhichao finally said happily: "Although the Yangtze River Real Estate has just been established, just as its name suggests, the Yangtze River does not choose any stream, so it can surround thousands of miles. The source of the Yangtze River only flows eastward, accommodates countless tributaries, forming a vast ocean. In the future, the development momentum of the Yangtze River Real Estate will be like the Yangtze River, from small to large. The Yangtze River is the mother river of China and the pride of the Chinese nation. The future Yangtze River group should also be proud of the Chinese people. The Yangtze River is vast and has a broad mind. A person who is determined to do business should set sail thousands of miles, break the waves and move forward to create a grand career."
Seeing that Lin Zhichao had such a great mind, the two subordinates looked at him excitedly, feeling that they were following the right boss.
After arranging the work of two subordinates, Lin Zhichao also carried out other work in an orderly manner. He first prepared to contact the law firm he cooperated to solve the legal issues of what he wanted to do.
Otherwise, Lin Zhichao would not be able to make a fuss in the real estate industry.
Chapter completed!