nashuaworldcup Chapter 237: Twists and turns, record-breaking auction
Chapter 237: Twists and turns, record-breaking auction
Everyone looked excited.
The reason why the income is unpredictable is that as long as the area of 25 hectares is properly planned, it is not a problem to build a large complex.
It is enough to accommodate several large commercial plazas and become a new landmark of Lantau Island!
In the past, it was almost impossible for them to monopolize this kind of project, but now the Wang Group is bleeding money and eager to collect money, so they have come up with such a heavyweight project!
While the auction staff was still giving explanations.
The bosses of some small companies have spontaneously formed teams and formed allies in the shortest possible time.
The big groups are not idle either. They are all on the phone explaining the situation to the board of directors and applying for more funds.
Seeing this situation, Wang Zhengyi was not in a hurry to advance the auction process.
Simply announce a 10-minute intermission.
The gambling king looked at this lively scene and was secretly frightened.
Fortunately, I made a private deal with Lao Wangtou last night and got a good piece of land at an extremely favorable price.
There is a new airport under construction near Hong Kong Island, and he plans to use half of it to continue the hotel business.
Specializing in the business of transferring tourists.
The other half is turned into apartments and rented out to workers near the airport.
That's why he doesn't need to fight with others.
As a bystander, he saw things that many people didn't notice.
He always felt that Wang Xiaozi would not let Charles and the others go so easily, and would definitely take advantage of this rare opportunity to come back for revenge.
But he still couldn't figure out Wang Lei's intentions for a while.
After a short break, the auction continues.
This time, Charles did not give others a chance to bid slowly, and directly raised his placard.
A shocking figure was reported.
"Dongdu Company offered 200 billion Hong Kong dollars!"
Everyone present couldn't help but take a breath, this prince of the Eagle Country was really wealthy.
The initial purchase price is HK$200 billion.
Don't give others a chance to quote at all.
Some small groups that had just reached an agreement and joined forces now wanted to kill Charles.
They were determined to continue the fight, but seeing that Charles was determined to win the No. [-] project, they knew that even if they made an offer, they would be outgunned by the prince.
Wang Lei also discovered that Guy did not continue to quote, and seemed to have reached an agreement with Charles during the break.
Thinking of this, he touched his chin.
Robert, who received the signal, raised his hand:
"We, Cayman Capital, will offer HK$250 billion!"
Upon hearing this, Charles gave Robert a fierce look. If looks could kill, Robert would have been torn into pieces a thousand times.
Everyone exclaimed:
"Including development costs, Cayman Capital will have to spend at least HK$300 billion!"
Is Robert crazy? With so much money invested, it will take at least decades to get back the money.
"The prince is very sorry. We, Cayman Capital, are also determined to acquire this land."
If Cayman Capital and Blackstone want to rise, they have to face financial institutions dominated by the old family. Therefore, the irreconcilable contradiction between the two parties has been made clear.
"Huh, since you want it so much, let's give it to you. I want to see how you get your money back!"
The auctioneer dropped the hammer, announcing that Cayman Capital had won the ownership of Project [-].
In fact, Robert and Wang Lei had already planned it. Land No. [-] had great potential, but they didn't have the heart to run such a large complex properly.
The best way is to raise the price and realize it in time!
Therefore, after Robert purchased Project No. [-], he would wait for a while and then break up the land and sell it again.
I believe that small companies returning empty-handed will not miss this lost opportunity.
After decomposition, small real estate companies will have to bear a lot less pressure. As for the time to pay back the capital, it is not a top priority for them.
Charles and Guy, who were once again severely hindered by Robert and got nothing, were full of anger.
Wang Lei knew that the two of them were already confused and nodded towards the auctioneer.
The auctioneer who received the instruction banged the gavel and said:
"Now I would like to introduce to you the last project, which is also the most controversial project of Wang Real Estate!"
Following his high-pitched voice, a city rising rapidly appeared on the screen behind him.
“Lantau City Project!”
"According to the original plan, the Wang Group planned to build a new Kowloon City on 300 hectares of land."
"Also known as the Little Kowloon City Project, it covers a total area of 300 hectares and is located in the center of the land island!"
The company representatives below were talking a lot.
Except for a circle near the seaside, this land almost covers the center of the island. In such a large area, it is possible to build a city within a city and house 20 to 40 people!
This means that they can sell hundreds of thousands of houses and several commercial centers. Based on the current housing prices on Hong Kong Island, the preliminary estimate is that the revenue will be at least 5000 billion Hong Kong dollars!
They had no idea that such a surprise was waiting for them.
I couldn't help but secretly wonder if there was really something wrong with the Wang Group, otherwise why would such a profitable project be handed over to others.
As for whether these houses can be sold, no one is worried about this problem, because the port city is about to return, and the prosperous port city will attract more talents to live there permanently.
Given the Hong Kong city’s digestion capacity, hundreds of thousands of housing units will be snapped up once they are released.
Developers in Hong Kong City are not so conscientious. A 40-square-meter apartment is considered a luxury home. In the Mainland, a 100-square-meter apartment with three bedrooms and one living room can be converted into three or four apartments.
This is how profits are mined.
Therefore, most of the 300 hectares of land may still be flat land, or only part of the foundation has been dug, but in the eyes of many real estate developers, it is already a cash cow rising from the ground.
"I believe you all already know the value of half of Lantau City. The starting price is HK$1000 billion. Let's start bidding now!"
This time, small real estate developers are no longer qualified to make quotations, and they are destined to be unable to take on such a large project.
Robert leads the quote again:
"Cayman Capital offers HK$1500 billion!"
"Sigh~"
Everyone couldn't help but gasp. As soon as Robert opened his mouth, he raised the offer to 1500 billion Hong Kong dollars. He was worthy of being one of the top ten investment banks on Wall Street. He had abundant funds and no one could match him.
Charles, who was already ready to go, did not want to be left alone with his quote:
"Dongdu Group offered HK$1800 billion."
Not to be outdone, Catherine:
"Blackstone Group offered HK$2000 billion!"
Before everyone could recover, the quotation had reached HK$2000 billion in the blink of an eye.
They have become a little numb in their hearts. Money here has turned into a series of numbers. It seems that tens of billions of Hong Kong dollars have become tens of thousands of pocket change in their eyes.
Some people are even thinking, if they are so rich, why should they still work so hard to bid? Isn’t it better to enjoy life with money?
Anyway, you won’t be able to spend all the money in a lifetime.