My Lord, you need to stand up!

Chapter 911 Everyone adds firewood and the flames rise

Later, when Erwa's mother was sending Dong Xueqing back to Jiangzhou, she mentioned that Dong Xueqing had gone to Hong Kong because she was really curious to see the fairy.

The review was: "It's really beautiful, especially the painting, which is amazing."

It seems that when someone is good-looking, even minor outstanding qualities in other areas will amaze people.

He even drew a portrait of Fengchu and gave it to her.

The watercolor brushstrokes are quite realistic.

That's all Wei Dong could describe it; the drawing is quite accurate.

Jenny, who had been deliberately dragged along to the exchange, offered a very insightful professional opinion: "He definitely has painting talent, but his artistic flair isn't necessarily outstanding. Should he paint a bunch of works first for an exhibition, and then do some interviews and promotion for our artists' village?"

During the Spring Festival, several ladies visited the Qingshuiwan Artists' Village, which was almost completed.

Dong Xueqing and Shen Cuiyue both remarked that this place was deserted, with hardly anyone around. Dozens of small houses facing the sea were scattered on the small hill by the sea, but they were not as attractive as the streets of the nearby fishing village.

Li Xuehong, who herself is a former opera actress, even loathed this feeling.

Only the wealthy girl who loves art and Zou Huimin felt that the place was full of lazy romance and wanted to take a vacation there.

Jenny is contacting the painters she met in mainland China, inviting them to stay and create art there.

Therefore, they need to use the art exhibition of the senior executive director of Asia Television and the art appreciation programs produced by Asia Television to enhance their reputation.

Qin Yuye was somewhere in between: "It should be the atmosphere of mono no aware and wabi-sabi emphasized by Japanese aesthetics. It's not bad for making money from artsy young people, but to really make big money, it has to be the attraction of the celebrity village."

The water sports training center is really simple. Bulldozers build a bulge out to the sea from the shore and construct a two-story glass building. The lower floor has a gym, exercise equipment, teaching hall, and reception hall, while the upper floor has dormitories. OK.

Together with the pier built outside, it forms a small dock.

The efficiency is about the same as a real estate developer building a sales center.

On the contrary, it was the high-end residential areas along the coast that put forward the idea, which caused a strong reaction from the CUHK Council.

It wasn't that they didn't approve it, but the school board also had teacher and student representatives, so the news spread quickly. Teachers and professors hoped to participate in fundraising to build houses, while students just wanted to go crazy chasing after their idols!
Hong Kong people don't really follow celebrities.

That only applies to individual celebrities walking on the street in their daily lives. Citizens have seen this many times and don't need to crowd around and disrupt their normal lives.

However, if it's a celebrity's residential area where many people gather, fans will definitely still be there to wait for them every few days.

Looking at the list of entertainment stars that has been leaked, it almost includes all the television and hosting artists under ATV.

Then, a string of names, including Chow Yun-fat, Leung Ka-fai, Leung Ka-fai, Wong Sin, Ng Man-tat, Stephen Chow, and Cheng Chi-wai, were all calling on their friends to come and buy houses and live together.

Compared to the HK$40,000 to HK$50,000 per square meter in Yau Tsim Mong, the price in Sha Tin has skyrocketed to around HK$20,000 in the last three years.

The ATV staff dormitory in Hang Shan costs HK$5,000, which is about HK$500 per square foot. This was the price three or four years ago when the new district construction in Sha Tin had just begun.

There was a frenzy of buying back then, but then things went up and down and some people missed the opportunity, and the price skyrocketed several times over.

The current price trend is reversed, but it is only available for internal purchases by employees who have worked at ATV for more than two years.

The land price is practically zero, and the construction costs are covered.

Five hundred high-rise buildings, each with a floor area of ​​600 to 800 square feet, were snapped up inside the television station.

Originally, many people resisted working in Sha Tin and were unwilling to leave Wutaishan.

Seeing the prices of the dormitory buildings next to the new site, they all renewed their contracts to pledge their loyalty and follow Mr. and Mrs. in their conquest of the world.

Then, the dormitory area facing the horse farm only has twenty small townhouses, which are reserved for managers at all levels and celebrities to buy.

It was pretty much up to Leung Ka-fai and Cheng Chi-wai to decide whether or not they wanted it.

Who knew that following the Water Sports Centre, they would find that thousands of square feet of sea-view villas were being built on the outer coast of CUHK, with a unit price of only six or seven thousand Hong Kong dollars, which was incredibly tempting.

All of them are townhouses, stacked villas, and detached houses; there are no high-rise buildings, not even mid-rise apartments.

The original plan for Wei Dong and his team was to provide adequate benefits to 40 to 50 households, which would allow them to fully support the basketball team and the windsurfing center.

After the TV station found out, everyone with a little fame wanted to live in a seaside villa, and they were willing to take out loans, sign contracts, and work multiple jobs.

As the news spread, celebrities in the entertainment industry contacted each other to sign up. It's just a matter of signing a contract. If they already have film contracts, they can sign record or acting contracts. If they are TVB artists, they can sign film contracts. If they don't have any collaborations, they can sign music video contracts.

Ironically, Colorful Pictures had previously signed long-term contracts with many celebrities for music videos and karaoke tapes.

We're all under their management now, so we can buy these collectively funded apartments, right?

Many Hong Kong people say they don't care about buying property and prefer the freedom of renting, but that's just a pretense of nonchalance because they can't afford to buy. For properties where buying is clearly a guaranteed profit, almost every Hong Kong person's investment instincts will be ignited.

Even if they don't come to live here, even if they have another house, they still want to buy it to make money.

The reason why it was repeatedly mentioned that Hong Kong stars, artists, and tycoons were heavily indebted was because Wei Dong realized this nationwide investment habit.

Opportunities arise frequently, and seizing just one makes one feel like they can achieve financial freedom.

Therefore, these investment opportunities and property speculation habits that would be impossible in remote counties in mainland China are commonplace in Hong Kong.

If one property isn't enough to achieve financial freedom, then buy two, three, or even five. As long as you can afford the leverage, wouldn't buying ten properties earn you even more?

As a result, celebrities who were originally well-off or moderately wealthy could not resist participating in this kind of gambling-style investment.

Whenever Hong Kong's economy fluctuates, a slight misstep can lead to complete financial ruin. Even with frantic filming and concerts, one can barely cover loan interest payments, let alone repay the principal.

So, Wei Dong and the others originally just wanted to arrange better houses for their families.

This has driven up land prices; even if sold later, it will still be a fixed asset with significant appreciation.

In order to give CUHK an explanation, they also needed a reason to apply for land acquisition and housing construction, so they came up with the excuse that it was for welfare housing for staff of TV stations, film companies, and sports associations.

Now it's rapidly expanding to include all film, television, and music stars!

Everyone should apply.

Even students within Sun Yat-sen University signed up.

In the end, we had to make the housing design more compact and the community more dense, with 350 households crammed into both sides of the roadway for several hundred meters!
Most of them are like the small villas and mansions that Qin Yuye bought on Peak Road in Tsim Sha Tsui when he was young.

Small townhouses, semi-detached houses, and stacked houses that are four or five meters wide, three stories high, with a garage, and a small garden or terrace at the back.

It's only about 200 square meters in size, the kind of fake villa that even the truly wealthy wouldn't bother to look at.

A few buildings at the ends, numbering twenty or thirty, are only three or four hundred square meters.

The proposed plan was presented to all applicants for signature and payment, and no one had any objections.

A million or two million Hong Kong dollars can only buy a small house of 20 or 30 square meters in Kowloon or Hong Kong Island, but here you can buy a sea-view villa.

In 1988, when ordinary workers earned four or five thousand Hong Kong dollars, artists didn't hesitate at all!

Even Zou Huimin, encouraged by Qin Yuye, booked an apartment for herself. As a senior executive director, paying for such an apartment wouldn't be a problem for her.

Moreover, the application for "professional housing" endorsed and signed by CUHK, the Broadcasting Office, the Windsurfing Association, and the Basketball Association was quickly approved by the relevant Building and Construction Department.

While Wei Dong was still in Pengzhen, the real estate work here had already begun. By the time he came to meet the Xiao family near the Lantern Festival, all the necessary procedures would have been completed, and the on-site survey would begin!
The water sports center is already under construction!

Like Asia Television, although it is a private commercial organization, it needs government support due to the special nature of broadcasting and television.

There is support for similar relaxations in floor area ratio and land acquisition tax rates.

The same applies to the water sports center; it is a public-service tourism facility that includes authority for competition-level training and children's training.

Obtaining these permissions means having many licenses, such as those for building public facilities like docks, parking lots, and shark-proof swimming beaches, which are the most useful.

There was no corruption, bribery, or transfer of benefits involved; it was all done through tacit cooperation.

skilled.

Wei Dong also gave Lao Xiao a promotional brochure with renderings: "Our family bought a house there for the convenience of working there, and we also bought one for you. No matter how the house price changes in the future, we can transfer it to you for HK$1.2 million. The advantage is that as long as you learn to drive, it only takes 20 to 30 minutes to get to Pengzhen, and you can go back to the mainland to work and live anytime. Flights are also convenient for traveling to Shanghai, Beijing, and even Europe and the United States."

Mrs. Xiao held the real estate brochure with its beautified interior design photos in surprise and carefully flipped through it.

Instead, Old Xiao looked at his son, who was sitting upright, and said, "In the past twenty days or so, we have also done some basketball training for the child at your basketball court. He has no foundation at all. Are you so sure that Xiao Ming is worth coming to Hong Kong?"

Wei Dong was willing to go to great lengths to prepare a plate of dumplings for a dish of vinegar: "So I hope you guys will keep quiet when you go back. The basketball park in the Pudong Automobile Industrial Park will really be built and opened to the public, attracting all the children who love playing basketball to train there. Lao Xiao will go there as the manager, and your sister-in-law can also go. Then, we will equip it with foreign children's basketball coaches. Children with talent and height, including Xiao Ming, can train there. This provides a private training route that doesn't necessarily require entering a sports school."

The two retired basketball players were well aware that "if you don't go through the sports school or sports commission, you may never be able to enter the national team and you won't have any games to play."

This is the root cause of the outdated sports model and the most stubborn force resisting reform.

Wei Dong smiled nonchalantly: "That's why I became the president of the Hong Kong Basketball Association. It provides a foothold for me. If I can make a name for myself in Asia and succeed in the NBA, then the national team should invite outstanding players to participate. What's more, I'm also helping to train coaches in China. This is a big game. Believe me, I won't harm Xiao Ming, nor am I just betting on him. We want to drive the entire basketball industry to change. If there are more good talents growing up according to the new model, the situation will naturally improve. Are you confident?"

Xiao Ming nodded before his parents, responding crisply, "I'm confident, I'll let Uncle have it!"

This gives the uncle even more confidence to take good care of the child's athletic career.

(End of this chapter)