We are all reborn, who wants to be the richest man?

Chapter 663 Still here
Recently, the real estate market in Hong Kong Island has shown a rather strange trend, which has attracted attention.

Although the number of inquiries from buyers interested in buying houses has increased significantly, indicating the potential strong demand in the market, it is puzzling that the actual transaction volume has experienced a significant decline. This contrasting phenomenon has undoubtedly cast a veil of mystery over the market.

This sharp contrast between consultation volume and transaction volume has aroused widespread attention and discussion both inside and outside the industry.

Some analysts pointed out that there may be a gap between market expectations and actual purchasing power. Although many potential buyers show strong interest in buying a house, they often choose to wait and see or postpone their purchase decisions when faced with actual housing prices, loan policies and personal financial conditions.

In addition, there is also a view that the current supply of housing on the market may not fully meet the actual needs of home buyers. Whether it is geographical location, apartment design or price range, the mismatch between supply and demand is also an important reason for the decline in transaction volume.

In addition, it is not ruled out that some home buyers are cautious about the future market trend and are worried about possible price fluctuations in the short term, so they choose to temporarily maintain liquidity and wait for a more appropriate time to enter the market.

As for experts, just listen to what they say. Everyone knows what is going on in the Hong Kong property market now. There is no point in making a bunch of analyses.

"Everyone is waiting and watching. News has already come out from England and has appeared in major news media, becoming the focus of Hong Kong people's attention.

Starting from January 1 next year, the Hong Kong government plans to implement a series of policies aimed at significantly reducing various real estate-related tax rates to further promote the healthy development and vitality of the real estate market.

However, the specific bill has not yet been implemented, so homebuyers are on the sidelines."

"Just wait and see. Whether it is for home buyers and investors or British officials, all these struggles and calculations will be in vain in the end."

"Are we really not going to take any land? You know, many real estate companies are scrambling for land now, and the price of land is rising steadily, changing every day."

As the leading residential real estate company in Hong Kong Island, Cheung Kong Group's unexpected absence from the recent land market rush has undoubtedly caused widespread confusion and puzzlement in the industry. In the context of many developers competing, Cheung Kong Group's decision is particularly eye-catching, and people are speculating on the strategic considerations and market layout behind it.

Although it cannot be asserted that it completely stayed out of it, the fact is that during this period, whenever the Hong Kong government held land auctions, Cheung Kong Holdings showed a high level of enthusiasm and initiative in participating.

However, it is worth noting that in the past month, although the Hong Kong government successfully auctioned more than 20 pieces of valuable land, unfortunately, Cheung Kong Holdings failed to win any of them.

Affected by this, Cheung Kong's share price has recently fallen.

“Humph, Hong Kong Island today is nominally the British Island, but the ones who really have the final say are no longer those British guys.

He has now completed the layout of Hong Kong Island and Southeast Asia. The economic direction of the entire island country and many countries in Southeast Asia depends on his mood.

Under such circumstances, it is simply a pipe dream for the British to want to change the economy of Hong Kong Island."

"Are you saying that person has a backup plan?" Suddenly the man exclaimed, as if he had thought of something.

"The 12 billion Hong Kong dollars loan from Far East Land Development, but didn't that person want Far East Land Development to enter the residential real estate field alone?"

Just half a month ago, when the British media reported that London was going to lower various property taxes on Hong Kong Island, Far East Land Development borrowed a loan of HK$120 billion from Far East Bank. Everyone thought that Far East Land Development was going to develop the mainland.

“Boss, your steadiness in business is rare, but in the business world, many things cannot be judged superficially.

Does Far East Land need money? Regardless of whether the financing from Wall Street has been spent, it is clear that it is not short of money.

Go to the north to build up? Then why borrow the money in Hong Kong Island? The benefits of borrowing there are obviously greater.

As for the residential real estate industry you mentioned, we are not willing to do it, but that does not mean we cannot do it."

It turned out that this person was Li Bancheng's eldest son, Li Zeju. Seeing other real estate developers acquiring land one after another, he became anxious and went to find his father.

"So that's why father is sitting back and waiting for us to see what happens?"

"No," Li Bancheng shook his head. His expression seemed to be in control. "I have called Du Huilian and will visit him at Far Eastern Bank this afternoon."

"Is my father planning to take out a loan to buy at the bottom in the future? But these people who have acquired the land now..."

Li Zeju is not stupid at all. For him to find Du Huilian, the Minister of Revenue of the Luo family at this time, other than taking out a loan and waiting for the land price to collapse and then buy at the bottom, why else could he do that?

However, he was also a little worried. After all, those who got the land were basically prominent families in Hong Kong Island. It would not be good to offend so many people at once.

Li Bancheng shook his head at his eldest son's soft-heartedness. He was indeed not as ruthless and decisive as the second son in the family.

But the second brother has his own problems. When it comes to conquering the country, the second brother has no problem, but when it comes to defending the country, the eldest brother is obviously more temperamental.

Li Bancheng now understands Zhu Di's feelings and needs to wait and see what the future holds.

“You have to remember that in the ups and downs of business, there has to be a clear distinction between business and friendship.

In the business world, the rules are clear and cruel. Success and failure often determine who is the king and who is the enemy. This is an indisputable fact.

Therefore, while pursuing business interests, we must also respect and cherish interpersonal relationships, but never let personal emotions blur the boundaries of business decisions.

There are only so many resources, and if you want to develop, you will touch upon the interests of others, and this is unavoidable."

After teaching his eldest son, Li Bancheng had a mysterious expression and said, "And there is no need for me to visit Du Huilian in person to buy at the bottom. This time I want to follow in his footsteps and make the Li family's wealth reach a higher level."

"Father knows what that person will do next?"

"It's not hard to guess, actually."

That evening, Luo Nianzhong received a call from Du Huilian, informing him of Li Bancheng's visit.

"He wants to borrow 50 billion Hong Kong dollars?"

“Yes, in addition to the money, he also asked me about Far East Land’s views on the land in the New Territories.

But I didn't answer him, saying that I didn't know whether Newby should be consulted on this matter or not.

"Hey," Luo Nianzhong smiled, "there is no shortage of smart people everywhere."

“It’s easy to understand, after all, we didn’t deliberately hide anything.

Just look at a few of the top families in Hong Kong Island and you will know that there are only two or three families that actually joined the competition for the Hong Kong government's land sale this time.

Although they always come, they will give up if the land price exceeds 20% of the previous month."

"Okay, I know about this."

Smart people know that if the Luo family wants to break out, the location is in the New Territories. Far East Land acquired more than 60 square kilometers of land in the New Territories at that time, but less than three-thirds of it is now in use. In addition to the land purchased in recent years, there are still about 30 square kilometers of land that have not been developed.

How can we bring down housing prices? The best way is to continuously bring low-priced properties into the market.

"It's not that we can't give these people a discount. After all, they are members of the Far East system who follow us around. They should be rewarded when the time comes."

If this mumbling accidentally fell into the ears of others, it would certainly make the listener dumbfounded and shocked. The hugeness of this reward is shocking, enough to make any lucky person leap to the top of Hong Kong Island's financial tycoons in an instant and become a person that everyone looks up to.

But in the eyes of this powerful tycoon, it was just a piece of broken bone that could be discarded at any time and was not worth cherishing at all.

In mid-November, when the autumn was approaching, the Hong Kong government officially announced a major policy adjustment. Starting from January 11 of the following year, it will implement an initiative aimed at promoting the vitality of the real estate market - significantly reducing the three key real estate taxes and fees, namely stamp duty, rates and land rent levied on non-local residents for purchasing houses.

Among them, the differential tax rate dropped the most, with the new differential tax rate dropped to 2.71%, almost halving.

"This move not only demonstrates the Hong Kong Island government's firm determination to optimize the business environment and attract external investment and talent inflow, but also indicates that the real estate market will be more open and inclusive in the future, providing more favorable conditions for foreigners and non-locals who intend to buy property in Hong Kong.

Hong Kong Island needs to develop, and attracting talents from outside is an inevitable trend. We issued a talent introduction plan a long time ago. In order to allow these talents to settle down in Hong Kong Island and contribute their own strength, these people-friendly policies are indispensable, and we will make challenges based on the actual situation later."

Turning off the TV, Chris said with disdain, "What he said sounded so high-sounding, as if he was doing it for the development of Hong Kong Island, as if no one knew what was going on."

Luo Nianzhong hugged her and laughed, "Isn't this good? Especially, it will greatly increase the attractiveness to talents, which may not be a bad thing for us."

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Chris also knows that the Hong Kong government might be shooting itself in the foot this time.

The British are still thinking about this issue with their habitual way of thinking, which is that capital is always greedy.

But they didn't expect that the Luo family was an exception, because the Luo family was no longer considering the gains and losses of a day or a night, but had to start from the overall situation and look at the long-term perspective of fifty or a hundred years.

"You too. Since you have a plan, you didn't even tell the fourth and fifth sisters. Just wait and see. When your back hurts, no one will take care of you."

"Who are you looking down on?" Luo Nianzhong pinched Chris's huge butt hard, feeling its amazing elasticity.

"Don't you know your husband's strength?"

"Really? No matter how strong you are, you can't withstand the Three Flowers Gathering at the Top of the Head, let alone there is only one."

Luo Nianzhong thought about the mood of Luo Lao Si and Luo Lao Wu, and their expressions of determination to squeeze them dry. Then he thought about why the two went out today, and he started to have a headache.

You said that being born in such a family, even if you have no business talent, you can still learn something through being influenced by your surroundings, right?
But even if these two generals had six out of seven senses opened, they still didn't understand anything.

The two of them left after breakfast early in the morning. After asking Chris Cai, I learned that they went to buy a villa.

"By the way, why didn't you try to persuade them?"

Chris rolled his eyes in annoyance and said, "Do you think I didn't try to persuade them? But the two of them sneered at what I said."

Luo Nianzhong was amused. "What's going on?"

"They said that with the new policy, the number of people buying houses will definitely increase significantly. The total amount of houses is just a few days away. It is impossible for too many houses to emerge in a short period of time. The rise in housing prices is inevitable.

He also told me that these were all experiences of real estate speculation. I listened to them but didn't understand them sitting in the office, so he asked me to teach them when I had time.

I get angry just thinking about it. Do I need them to teach me such a simple truth? "

This time Luo Nianzhong couldn't hold back any longer and burst into laughter.

The two of them were chatting and enjoying their rare time alone at Luo's house, while outside was a battlefield full of ups and downs.

On that very day, housing prices in housing estates on Hong Kong Island soared and land prices hit a new high. Current prices have risen by 43% compared to six months ago, and the rate of increase has not slowed down.

Major sales offices were crowded and bustling with people, demonstrating an unprecedented housing boom.

In front of some popular housing estates, the queues of home buyers are like long dragons, winding and extending to the end of the street. It is a spectacular sight, demonstrating the market's extreme desire and pursuit for high-quality housing.

A residential community that has just been launched in Saigon was originally scheduled to be launched in mid-October, but due to the subtle impact of the recent adjustment of the property tax rate, the launch date has been postponed to now, just to make a fortune.

Seeing the long queue of home buyers, Uncle Li was telling the person in charge of the sales of the property in a Rolls-Royce across the street.

"Don't lower the price, what I want is speed. It would be best if all of them are sold out within a week."

"Ah?" The person in charge was stunned. He didn't expect that this super boss would go over his head to find him just for such a matter.

"Is it difficult?" Uncle Li frowned.

"That's not the case. If we don't raise the price, more than 90% of the houses could be sold within three days. The real estate market is booming right now, and there is no shortage of buyers for high-end properties like ours."

After hesitating for a while, the person in charge still plucked up the courage to ask.

"Boss, the property market is so good right now, if you hold back on selling, the price will probably go up by 20%.

With Sun Hung Kai's reputation, 30% is no problem, why are you in such a hurry?"

"Don't worry about it. If you can sell all the houses within a week, I will credit you for your achievement."

Uncle Li had no intention of explaining to the young person in charge. If he could figure it out, it would improve his vision and Sun Hung Kai would gain a talent.

Even though he couldn't figure it out, Uncle Li didn't care.

He is the person in charge of a real estate project. All he needs to do is sell houses and manage his own business. There is no need for so many requirements.

"I understand. I will sell all the houses as soon as possible."

"Yeah, very good."

The real estate industry is booming, and everyone says that real estate in Hong Kong Island is about to take off, and you will make a profit if you buy it.

These people who are blinded by money don't know that punishment will come so quickly.

(End of this chapter)