Chapter 449: Great Harvest

"Old Zhao, this is your reward, please check it."

Yin Jun pushed a check and an envelope into the box of a well-known morning tea restaurant in Xiangjiang.

The amount on the check is 60 million.

Zhao Pinggui put down his chopsticks, put the check in the envelope without even looking at the number, and put it in his pocket.

"I didn't expect that I could get so much money just after working so hard for almost a month!" Zhao Pinggui sighed, "Just saying hello to old friends and running errands, 12 million will be in hand , this is more profitable than my own business!"

"This is also due to your ability, Mr. Zhao." Yin Jun said, "If you hadn't been running around and strategizing, would I have been able to acquire so many Type B land exchange rights and interests so conveniently?"

Entrusting Zhao Pinggui to help purchase Type B land exchange rights and interests, Yin Jun gave a handling fee of 5% of the acquisition cost. Originally, it was estimated that the acquisition would take two to three months, and the purchase of Type B land exchange rights rights of 3 million square feet would be enough.

Unexpectedly, not to mention the early acquisition time, he also acquired 4 million square feet of Type B land exchange rights and interests in one month, which greatly exceeded Yin Jun's expectations.

If it weren't for the signing of the sales agreement with Pearson Group, the valuation of Kirin Culture would have skyrocketed by another 500 million. Yin Jun, who only has 500 million in cash and 300 million in loans, would never be able to survive this hurdle.

Of course, Li Chaoren worked hard to make Hutchison Whampoa and Cheung Kong Group more harmonious, and Hutchison Whampoa announced that it would learn from Swire Group to transform Swire Dockyard, and transformed the Whampoa Dockyard of Nuoda into the largest private company in Xiangjiang. After the real estate project in the housing estate, the stock price of Cheung Kong Group skyrocketed, which was also one of the reasons why Yin Jun's loan amount increased.

The 1.2 billion acquisition fee, plus the 60 million handling fee, Yin Jun's expenditure of close to 1.3 billion is extremely crazy to anyone.

After purchasing 4 million square feet of land-exchanging rights certificates, farmers in the New Territories have also become vigilant. Instead of scrambling to sell their own land-exchanging rights certificates at high prices as before, they hid them one after another. Get up, but sell it.

The peasants’ thoughts are the most simple. They know that Yin Jun is a super genius. Since Yin Jun is crazy about buying the B-type land-exchange rights certificate, it proves that the B-type land-exchange rights certificate has a higher value. After two or three years, the price will definitely rise even higher.

So not only Yin Jun, but also many real estate developers who want to continue to buy Type B land exchange rights and interests, it is difficult to receive Type B land exchange rights and interests.

Even if there is, then it cannot be less than 300 yuan per square foot, or even higher.

This caused other real estate developers to scold Yin Jun for "disrupting the market".

But Yin Jun never paid attention to such rumors and reprimands, and even the newspapers and magazines constantly attacked and satirized him, and the boy never cared.

In the past few days, Zhao Pinggui has completed the delivery of the Type B land exchange rights and interests one after another, and Yin Jun has put them all in the vault of Xiangjiang Commercial Bank.

No matter how much Chen Youhan valued Yin Jun, he told Yin Jun that if the 1.2 billion Type B land exchange rights and interests were to be mortgaged for a loan, he could only be given a loan amount of 400 million at most.

Yin Jun smiled without saying a word, very calm.

Whether it is a friend or an enemy, can I tell you that after the Lunar New Year this year, Xiangjiang Real Estate will usher in a rapid rise in about two years?

Can I tell you that in 1983, the government just announced that it would stop issuing Type B certificates of land exchange rights?

And I can’t even tell you that after the Huaying negotiations in 1984, the land in Xiangjiang will become more and more expensive, and the real estate industry will usher in more than ten years of rapid development. Is it going up?

Such a clear understanding of the future can only be known by myself, it is really a bit lonely for a hero!

Fortunately, the farmers were reluctant to sell, otherwise Yin Jun would not have enough money to buy more.

Zhao Pinggui is a very interesting person, he is very enthusiastic, and he is very good at helping out. Don't look at a 70-year-old man, he is still very old and strong. He has been running around for several months to help Yin Jun complete this matter.

The 60 million was given to him by Yin Jun. As for how he distributes it with the bigwigs of the Heung Yee Bureau, it is up to him to decide.

According to Yin Jun's knowledge, he is going to take 1% of the fee, which is 12 million. After counting his friends, no one can get at least a million.

One million Hong Kong dollars in 1980 was enough to buy two or three houses in the urban area. It was not a small amount, so these villagers were very happy.

Moreover, Yin Jun also knows that this group of people is not so honest. At the beginning of the purchase, they did not buy at 300 per square foot. That is, after the news spread, they had to raise the price. As for the previous price difference, it fell into their pockets.

When the water is clear, there will be no fish.

Yin Jun still understands this truth. As long as they complete the task and the farmers basically don't suffer, then they can fully explain it.

In his thoughts, Zhao Pinggui asked again, "Ajun, you now have so many land reserves in the New Territories, next step, are you planning to develop our place into a central area and move your position?"

Zhao Pinggui was born in the Zhao family in Tin Shui Wai, a large family in the New Territories. They own 488 hectares of land. If only calculated by area, they can be regarded as the largest landlord in Xiangjiang.

Before that, Li Chaoren, Wheelock and Derun bought 20 million square feet of land there, and then Yin Jun bought 5 million square feet of land, all at very cheap prices.

The price of cheap land is that both Yin Jun and Li Chaoren have promised to build a sub-city center in Tianshuiwei to develop it, so that the land in the hands of the Zhao family will skyrocket again, and then they will get a lot of benefits.

But now that Yin Jun has a 4,000,000 sq. good land.

You must know that in the contract signed by Yin Jun, the liquidated damages that bind him are only 30 million Hong Kong dollars. If Yin Jun changes hands now, he can get a profit of more than 200 million Hong Kong dollars. In comparison, the 30 million liquidated damages are not worth mentioning.

On the other hand, the contract is very restrictive for Liande Trust. It was written in 500 million Hong Kong dollars. At first, the Zhao family only worried about Yin Jun breaking the contract, and never worried about breaking the contract themselves, so they didn’t care much about this figure. Now it seems that , was really calculated by Yin Jun.

It's just that it's okay, anyway, if Yin Jun develops Tianshuiwei seriously, they won't say anything, after all, they will get more benefits in the end.

But if Yin Jun breaks the contract in this regard, they are very likely to draw water from a bamboo basket in vain—Li Chaoren and Derun don’t plan to develop the land in the next few years. No one develops Tianshuiwei, and Tianshuiwei is still a backwater. pond.

Yin Jun heard the words and smiled, "Mr. Zhao, don't worry, I don't plan to use the 4 million square feet Type B land exchange right for the past two years. As my first step in real estate development, it must only be in Tianshuiwei!" If you think about it, all of my bus lines have been opened, and the bus line to the Central Metro Station has also started trial operation. If I don’t develop it, how can I do such a labor-intensive thing?”

Hearing what Yin Jun said, Zhao Pinggui still had some doubts on his face, "If you repair the bus line, you can also increase the price of land in the future, right?"

"You forgot, I still have two factories here!" Yin Jun spread his hands and said, "The factories with a total of more than 5,000 people, can I not consider them? Even if I don't think about you, I will Have to build houses for them? Also, haven’t there been a lot of swimmers in Tianshuiwei recently? I think there are a lot of young people who are just hired to build houses, and I’ve recruited them into Qilin Construction Company!”

"Really?" Zhao Pinggui became excited at this moment.

yes!

Yin Jun is not for others, even for his own people, he has to repair the house.

"Of course." Yin Jun said, "You also know that recently the Xiangjiang government intends to change the policy of obtaining ID cards. Many people from the mainland will come to Xiangjiang, and Tianshuiwei is the largest gathering place for them. If I recruit them, they will let me It saves a lot of money... But their identity issue, I am afraid you need to find a way... If this matter is settled, we can start land leveling work in the second half of the year!"

"good!"

Zhao Pinggui said without hesitation, "These people's ID cards are easy to deal with. Aren't the regulations not changed now? Our Zhao family has a lot of ways to clear them up!"

"In that case, just wait and see me repair the house!" Yin Jun agreed with a smile.

He understood what the Zhao family was worried about, but in Yin Jun's view, these were not problems at all.

Yin Jun bought 5 million square feet of land and only paid 10 million in advance, and then distributed 25% of the profits to the Zhao family's Liande Trust.

At first glance, even if 25% of the profit is added, the profit given by Yin Jun is only 300 million Hong Kong dollars.

The 5 million square feet of land only cost 300 million to buy.

Now Yin Jun has spent 1.26 billion Hong Kong dollars on the 4 million sq.

But things can't be seen that way.

In 1978, the year before Yin Jun came to Xiangjiang, in August, a piece of land on Queensway, Hong Kong Island, the most prosperous place in Hong Kong, was auctioned, setting a shocking price of 13,643 yuan per square foot.

Since then, the prices of commercial housing in the prosperous area of ​​Xiangjiang have been rising all the way.

Especially in 1980, that is, this year, land auctions have repeatedly hit new highs.

For example, two days ago, the price of a piece of land auctioned on Nathan Road in Tsim Sha Tsui also soared to 12,456 yuan per square foot-Nathan Road is not Queensway, the grade is more than one step lower, and even Nathan Road has raised the price to this To this extent, the price of Queensway can directly increase by more than 50%!

Then Yin Jun also knew that at this year’s auction of the Harcourt Road Far East Finance Center address in the Admiralty area of ​​Hong Kong Island, the auction price per square foot was as high as 26,247 yuan, creating a history again!

But this is nothing. One year later, in 1981, the Xiangjiang Metro Company auctioned a piece of land on Cotton Tree Drive with an area of ​​only 13,825 square feet, but it was sold at a sky-high price of 480 million Hong Kong dollars, which was converted into a piece of land per square foot. The floor price is as high as 34,720 yuan.

Cotton Tree Avenue is still not the tallest. In November of this year, the Xiangjiang government announced the sale of a 144,000-square-foot piece of land near the Kangle Building in the Central District by public bidding. The address of the terminus of buses and minibuses in Central is located in the central area of ​​the central business district of Hong Kong Island, and is known as the land king among the land kings.

Calculated according to the real estate price at that time, it is very likely to exceed the sky-high price of 7.5 billion. If calculated according to this price, the land price per square foot of the king of land will be as high as 65,900 yuan! !

However, to the regret of the Hong Kong government, it turned over 1981. In 1982, due to the failure of the Huaying negotiation, the land price in Xiangjiang plummeted in just a few months. The starting price was lowered by half, and Landmark’s price of 4.755 billion Hong Kong dollars was converted into a price of 32,964 yuan per square foot.

Although the unit price is low, but because of its large area, it set a record for the highest total price of land auctioned by the Xiangjiang government.

However, Hongkong Land did not lose money. In the end, they invested more than 8 billion Hong Kong dollars to build the Exchange Square on the original site, with a construction area of ​​up to 2 million square feet, and they also made a lot of money.

If calculated according to such a high price, not to mention the price in 1981, even the land price on Nathan Road two days ago, 1.26 billion can only buy 101,200 square feet of land on Nathan Road—this is just an assumption. If there is really a large site of 100,000 square feet, the land price will have to go up by another 20 to 30%.

Think about it, Nathan Road is 100,000 square feet, and you can buy 4 million square feet in the New Territories. This is also very unfair!

However, different locations have different prices.

Therefore, it is normal for about 300 million to buy 5 million square feet of land in Tin Shui Wai, and 1.26 billion to buy 4 million square feet of land in the New Territories.

Moreover, the extra benefits Yin Jun got were many.

For example, Yin Jun bought the Type B Land Exchange Rights Agreement in Fanling. tender.

In this way, if Yin Junquan chooses a prosperous area to bid, his own value will increase greatly, not to mention the benefits obtained from the increase in land value.

So don't look at the price that Yin Jun bought is a bit inflated, but in a few months at most, they will know the power.

The price is not a problem, the key is that when the land is in short supply, even if you have money, you can't buy land!

If there is no land, there is no way to build a house to make money. What is more painful for real estate developers than this?