money player
Chapter 997 The Xian Family is Very Poor
"Hurry up and complete the first phase of the To Kwa Wan project as soon as possible."
"clear."
"Okay." Liu Wanqing nodded slightly and waved her hand. "You guys continue with your work."
A few minutes later, she got into the car and took two blueprints of the Eddington Apartments from the blueprint tube.
Designer Gan Luo opened a trading company called Keming Trading Company in Hong Kong two years ago. The design of the Shanghai Mansion happened to be undertaken by this company. She went there, made a connection, said she wanted to replicate it in Hong Kong, and got all the blueprints.
Unfolding the blueprints, her gaze swept over the marked numbers, silently calculating the construction costs while complaining about her husband's whims.
Replicating the Eddington Apartments in North Point is a shrewd business idea. The spending power of Shanghai residents remains substantial, and short-term rental demand is not a concern. However, investing the same amount in building an office building would undoubtedly yield significantly higher long-term returns and profit prospects.
The master couldn't possibly be unaware of this, but to say that he was lustful and sacrificed profits for Eileen Chang is utter nonsense.
The old man's every pore exudes calculation; he's lustful yet cold-hearted and stingy, unwilling to splurge on women, even viewing male beauty as a tool. He won't invest in emotions; love is nonexistent in his eyes, only suitability and responsibility matter.
Liu Wanqing rubbed her temples, feeling a little melancholy that her husband didn't love her, but the feeling wasn't strong. She had long passed the age where love was enough to sustain her, and she had less fantasy and more reality. Her husband didn't have love without cost, but the costly support he provided penetrated every pore of her being.
She shook her head, leaving behind romantic feelings, and reason regained its footing.
The master always valued return on investment; he wanted every penny he invested to be recouped. Eileen Chang was just a writer with mediocre earning power. Even the highest-earning British mystery queen of the year couldn't catch the master's eye, let alone Eileen Chang.
The apartment is linked to Eileen Chang; what did the old man see?
What does Eileen Chang represent?
Fame?
What does it mean for an apartment to be associated with a well-known brand?
Is the master planning to make the apartment a symbol of prestige, where only qualified writers and film actors can move in?
This way, the apartment can collect exorbitant rents. Well, whether it's indirect or direct, it's all too blatant.
The gentleman had long planned to introduce standardized pricing for high-rise apartments from the UK and the US; perhaps his ideas about apartments were more focused on property management fees.
Does the gentleman want to set Hong Kong property management fee standards?
Keywords immediately popped into her mind: apartment concierge, private chef booking, high-end maid channels, luxury jewelry and clothing delivery service, top-notch security, luxury car pick-up and drop-off, safe deposit box service, bank counter, and ITS club membership.
Living in Eddington Apartments is a status symbol, offering access to premium services and a place in high-end circles.
No wonder they wanted to replicate it, no wonder they wanted to build it in North Point. When it comes to style, no one can compare to the Shanghainese. The Shanghainese are almost out of money, and the master isn't even going to let go of that little bit of style!
A faint smile appeared on her lips as she lightly tapped her thigh with her fingers.
"Night Shanghai, night Shanghai, you are a city that never sleeps. Wine doesn't intoxicate people, people intoxicate themselves... Hold a party to raise funds to build apartments, this time to make a profit before construction even begins."
As the car turned, she arrived at the entrance of Friendship Shopping Mall, rolled down the glass, and looked at the completed exterior walls, as well as the shop tenants and construction workers coming and going.
The opening date is set for Christmas this year. All the shops are rented out. Of the two large shops on either side of the main entrance, one was given to Renmin Supermarket and the other to Laoyouji. They offer a three-year rent-free period and a two-year rent-reduction policy. The first three years are rent-free and they even subsidize part of the renovation costs. For the following two years, they will only charge half the rent.
Holes for inserting stage support columns have been reserved in the open space at the main entrance. The mall will frequently hold various promotional events in the future, with singers and movie stars performing on stage each time, which will attract a lot of people.
People's Supermarket features Shanghai specialties, with prices as low as pickled mustard greens and as high as a gramophone, all of which can bring back memories of Shanghai for Shanghainese.
The Friends hamburger could evoke a ripple of Shanghai's past.
The Friendship Cinema on the top floor specializes in romantic movies and family-friendly films, attracting the most discerning customers.
Friendship Shopping Mall is all set, and it's sure to be a popular destination after it opens.
Shanghai's three-pronged approach has been largely successful in its first phase.
"drive."
As the car slowly drove past the construction site of Litchi Garden, her gaze swept over the building that was nearing completion.
Adhering to the principle of "everyone makes money," most of the project's funds were raised from external sources. Although the delivery date has not yet been reached, investors have already started celebrating with champagne.
The units that were supposed to be sold have already been sold out, and most of the payments have been collected. Most of the investors' principal has been returned, and the remaining half has been clearly stated to have been credited to their accounts. However, because the promised repayment time has not yet arrived, it has been misappropriated by Friendship Real Estate for other projects.
Looking at the accounts, Friendship Real Estate didn't gain much cash profit from this project, but it retained over a dozen good units and some deliberately acquired land. Furthermore, it established good investor relationships; investors are generally willing to invest blindly in Friendship Real Estate's projects.
Earn less money today, and reap huge profits tomorrow.
The master's real estate development strategy is straightforward: he only earns enough profit to sustain the company's growth, avoiding greed and trying to get rich quick. He bypasses the foreign firms that hold prime land, turning undeveloped land into mature land and gradually developing it in line with market trends.
Friendship Real Estate is like this, as is Golden House Real Estate, and even the amateurish Tugua Real Estate is no exception.
On the other hand, King Fook Holdings is targeting the land held by foreign firms. The patriarch has a brilliant plan for Hong Kong's real estate market, and his business is expanding too much.
The patriarch's ambition for urban development is evident in his construction of tenement buildings, low-rent housing estates, shopping malls, multi-purpose buildings, docks, tunnel technology research, and urban rail transit planning.
The old man's diversified industrial layout may have been short-lived; the only thing he truly favored and heavily invested in was real estate.
She gently rubbed her nose, tracing the factories in the detective's network. From the earliest Happiness Factory, which had astonishing profits but had to give 60% to Li Minyou, to the latest Xi Ji, which already had orders before the factory was even built, it seemed that the master was eager to send money away.
Earlier, one could say that the master was trying to use the hen to lay eggs, but now that he has a lot of money, shouldn't the master keep the golden hen for himself and display the silver hen to make connections?
However, it seems that the master did not group the chickens, and starting with Happy Factory, every collaboration came with a share buyout agreement, making it obvious that the master intended to withdraw at the appropriate time.
The old man probably didn't have a high opinion of the long-term development of Hong Kong's industry, and his approach was highly speculative. He was also fixated on the mainland OEM model, putting all his eggs in one basket, which didn't align with his usual risk-averse approach. Perhaps in his plans, there were already subsequent schemes for the northward relocation of industry to the mainland.
Moving north?
Why was the master so certain that it would work?
Or perhaps she didn't understand where the master's three escape routes were located.
A moment later, the car pulled into the VIP parking space at Ritz Garden. She stopped, pondering her next move, opened the door, got out, and walked towards the pool. The surrounding noise engulfed her completely.
The first freestyle swimming competition for all grades at Songjiang Primary School is underway, and Xian Qianzhi is one of the participants.
This competition was sponsored by Jinwu Real Estate. The organizers provided swimsuits for all students, hosted a banquet for the entire event, and prepared generous prizes for the top three winners.
The champion will receive an all-inclusive trip to the United States next summer; the runner-up will receive a three-year rent-free use right to a unit in Ritz Garden, with the right to be transferred and sold; and the third-place winner will receive HK$1,000 in cash as a reward.
All of them are wanderers in a foreign land, so some formalities are avoided if possible. Songjiang Primary School has never had a speech. The sports events have nothing to do with the principal or the sponsors. The organizers are the physical education teachers and martial arts teachers.
The athletes were warming up, while classmates were either playing their own games or cheering each other on. The principal and teachers sat around chatting and enjoying tea. Security was provided by the security personnel from Lizhi Garden.
Liu Wanqing went to a quiet corner by the pool, glanced at Xian Qianzhi a few times, and then took out a folder from her bag to look up reports about tutors.
The Xian family education system requires a high degree of division of labor, full-time home-based tutors, and multiple tutors working in parallel.
Classical humanities teachers are essential, and multiple teachers are needed. Nowadays, students not only need to learn ancient Latin, but also ancient Greek, in order to understand ancient books, legal documents, and aristocratic texts. This was also a strict requirement for the core members of large European families.
A comprehensive history of Europe, including the history of royal families and financial development in various countries, war and capital cycles; classic literary works such as Homer, Shakespeare, Voltaire, and Goethe, training in public speaking and written correspondence; logic, rhetoric and debate, essential speaking skills for parliaments, chambers of commerce, and transnational negotiations; family history, trust inheritance ethics, and the concept of wealth responsibility.
Multilingual full-time language teachers were employed. According to the Xian family's situation, core children were required to study Chinese, Hebrew, English, French, Spanish, and Portuguese, while even peripheral children were required to master at least three languages: Chinese, English, and French.
Even the finest trees in the Xie family may occasionally have yellow leaves; even the finest steeds cannot escape minor flaws.
It's a good thing that the Xian family can produce纨绔 (spoiled brats) who are ambitious but lack talent. They can live a carefree life, relying on the family trust to back them up. However, they must abide by one rule and one rule: do not cause trouble for the family and have fewer sons.
The fall of the Ming Dynasty was not unrelated to the fact that the princes and imperial family were too prolific. It would be best if they had the awareness to cut off the bad genes themselves. Instead of indulging in the pipe dream of a golden phoenix flying out of a chicken coop, the Xian family was betting on a low probability possibility, which was no different from gambling.
The Xian family cannot produce incompetent individuals. It's okay if they are not good at economics and politics, but they cannot be lacking in any skill. Being proficient in three languages is the minimum requirement for being a member of the Xian family.
For each language, there should be at least one teacher. If any child has the ability or interest to learn several less commonly taught languages, we will support them no matter what.
We need at least one full-time teacher for each of the following fields: accounting, finance, and business; law and diplomacy; etiquette and salon social skills; art appreciation and arts; physical education, outdoor activities, and self-defense; current affairs and geopolitics; and religious spiritual mentors.
In addition, students need to learn professional knowledge such as social sciences, psychology, philosophy, astronomy, sexology, the six arts of a gentleman, and physiognomy, as well as undergo special training in drug prevention, gambling prevention, fraud prevention, anti-cheating, anti-kidnapping, special operations, hunting, wilderness survival, planting, and cooking.
Simply put, Sin Yiu-man's most basic pursuit was that the Sin family members could become tycoons in prosperous times and establish a party and a country in chaotic times, and be outstanding in any situation.
Therefore, the children of the Xian family had a lot to learn, and they studied as hard as they could.
As soon as she turned the page, Liu Wanqing's brows furrowed. When she turned to the second page, her brows were even more tightly knit.
A complete tutoring system would require at least a hundred tutors and a well-equipped support team. Salaries, benefits, food, accommodation, and transportation would amount to £2500 per person per year. A rough calculation would show that the total annual expenditure would be at least HK$5 million.
Liu Wanqing's Dao Heart shattered, completely overturning her idea that the Xian family was not short of money.
The Xian family was very poor, dirt poor.
Although she didn't need to worry about where the budget would come from—the master would take care of it—the matter of hiring people was enough to give her a headache. She wasn't going to fool anyone; the Xian family's tutors naturally had to be chosen from the very best.
Being at the top means having the right to be individualistic. To bring them back, not only must the compensation be substantial, but emotional investment is also crucial; making three visits to their home is merely the most standard approach. (End of Chapter)
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