Tao Liangchen
Chapter 533 ...Playing It This Big?
Su Yehao pondered it himself, and his ideas were naturally inadequate, so he needed to study it more carefully.
In any case.
As long as he took on this big project, there would definitely be profits to be made, it was just a matter of how much he could earn.
From the current point of view, the plan to develop the Cyberport at Kai Tak Airport in a joint venture with the government was obviously not as good as the Li family's plan to take the residential land together.
The Li family's intention was mainly to ask the government to provide the park and a large area of residential land, and they would help develop the park and give it to the Hong Kong government to collect rent, while the residential land would belong to the Li family.
The beautiful name was that selling houses was not for making money, but purely to help the government develop the Cyberport, so as not to let Hong Kong miss the new round of transformation opportunities.
According to the latest public news.
If the land was approved, 62% of it would be used for the development of the Cyberport, and the other 38% would belong to the Li family's second son, which would be used to develop residential projects.
The trick in this could be understood at a glance by anyone with discerning eyes, because... houses could be built higher, and the documents only stipulated the area occupied, but did not make clear requirements for the construction area.
The outside world was arguing about the problems in these plans, and almost all the well-known developers jumped out, wanting the government to give an explanation.
It was estimated that they couldn't find any reason, so they only said that Li Er Gongzi (Second Master Li) had experience and held a large number of lease agreements for internet companies. It was probably because of this that someone asked Grandpa Tang to come forward, trying to pull Su Yehao into a partnership.
For the entire afternoon.
Su Yehao was investigating information about the Cyberport, and contacted Deputy Dean Zheng Yongwen to ask him to inquire about the details.
The feedback he received was that some details had not been finalized yet, but it was about to succeed, and they were discussing the issue of the profit-sharing ratio for residential properties. In other words, the government did not intend to let the Li family exclusively enjoy the profits from developing residential properties.
Hearing this news made Su Yehao feel much more balanced.
Suddenly, he felt that there was no need to focus on the residential land.
Anyway, the transaction price of land auctions in Hong Kong was not high at present, and there were plenty of places to acquire land if he wanted to. The rate of return might not be as good as investing in Pengcheng (Shenzhen). It would be better to treat it as a purely commercial real estate project and only earn some income from the appreciation of real estate and rent.
The moment this idea came about, Su Yehao suddenly felt enlightened, as if he had broken through layers of clouds and pointed directly to the core of the problem - the Cyberport!
...
In the evening.
At nearly six o'clock, he picked up his grandfather in Mid-Levels and went to the Jockey Club's clubhouse for dinner.
After Su Yehao and Nangong Tian entered and took their seats, he realized after listening to his grandfather's introduction that several well-known real estate developers, such as New World, Sun Hung Kai, Swire, Hang Lung, and Hongkong Land, had sent people over.
A total of seven people, involving listed companies with a total market value of two to three hundred billion Hong Kong dollars.
As a large project with a scale of more than 10 billion Hong Kong dollars, the popularity of the Cyberport was evident.
Probably because he saw that Su Yehao was young and of a lower generation, an old man in his sixties named Song, asked with a kind face and got straight to the point:
"Young Master Su, you should have heard from your grandfather why we old guys have set up this table tonight and invited you over? What do you think, are you interested in the Cyberport? Everyone outside is saying that you are a rare commercial genius, so you must know the specific situation, right?"
Drinking the tea he brought, Su Yehao smiled and nodded, answering:
"Since you uncles and elders have something to ask me, how dare I not prepare carefully? I spent the whole afternoon on this matter today, and I have almost finished reading the public news. However, it is hard to say what is going on behind the scenes. I heard that it is about to be announced that more than 20 hectares of land will be handed over to the Li family for development, which is a bit sudden."
"They only care about making money and don't care what others think."
An unremarkable old man in his fifties with gray hair and crutches, playing with a mutton fat jade ornament in his hand, continued: "We are gathered here today because we want to compete for it. It's just a project worth one or two hundred billion, and we are not afraid that we can't make a splash if everyone chips in a little?"
"That's right! What Cyberport? After looking at it, it's still selling buildings. It's simply a project custom-made for someone. Now that Young Master Su is standing up for us, I'd like to see how many excuses they can come up with."
The uncles and elders present were either senior executives or shareholders.
The heads of each family did not show up, after all, it was just a consultation, and the cooperation had not been officially finalized.
Seeing them full of energy and with loud voices, Su Yehao couldn't help but smile wryly and interjected, asking: "I am indeed doing high-tech business and have a certain say. However, before we talk about things, I want to ask a question first. Why do you uncles and elders want to compete, just because you are interested in those residential lands?"
"Of course, besides wanting to make money, what else could it be for?"
The old man surnamed Song looked at Su Yehao and then said, "They could auction off the land and use the money to develop the Cyberport, so why not sell it to us?"
"Yes, it's obviously a scam!"
Hearing this.
Su Yehao, whose ears were buzzing from the noise, only felt that their energy was even more abundant than his, and then said:
"But if they only sell the land to raise money to develop the Cyberport, then in the end, besides collecting rent, the government will have nothing. However, once the Li family's plan is adopted, in addition to collecting rent, the government can also jointly develop residential land in a public-private partnership. In the future, this may also be a large source of income. From the perspective of return on investment, the Li family's plan is really brilliant this time."
Confidence is often directly proportional to the thickness of one's wallet.
Facing a group of uncles and elders, Su Yehao was calm and composed. Next to him, the little girl and the old man were sitting on his left and right, without any intention of speaking.
Across the round table.
A middle-aged man in his forties, holding a cigar in his hand, asked at this time: "Seeing that Young Master Su has something to say, do you have any other ideas that can surpass their plan this time?"
"...Yes, Young Master, you might as well speak frankly. With your reputation, you have the most say. Our success or failure this time mainly depends on you."
Clearing his throat.
Su Yehao didn't hide anything and said frankly:
"Yes, so I thought about it, if I take the land and fund the construction of the Cyberport, then wouldn't the government's reason for building the Cyberport be directly gone?"
"I can also arrange all the rent reductions and support for start-up companies, and maybe I can do it even better than them. I only need to develop a comprehensive park with the theme of internet and semiconductor technology, combining office buildings, hotels, retail, parks, and entertainment facilities. The total construction area is about 200,000 square meters, which should be enough in the initial stage."
"It just so happens that I am going to open several new companies in Hong Kong, so I might as well build them together. The government only needs to announce the support plan and wait to receive the funds from the land sale. There is no need to worry about anything else, and I will be responsible for my own profits and losses..."?
As soon as these words came out, the private room instantly became quiet.
The others just wanted to secretly replace the beams and pillars and get a share of the pie.
According to Su Yehao's meaning, he obviously wanted to overturn the table and take the pot back to his own home.
Even Grandpa Tang was twitching his lips at this moment, calculating how much money would be needed.
He came to a preliminary conclusion...estimating that 10 billion Hong Kong dollars was a bit short, probably not enough.
The reason why he dared to say such things was because Su Yehao knew that the construction speed would not be so fast. If he invested in installments over three to five years, the financial pressure would not be so great.
After saying what he wanted to say at this moment, he looked around and asked with a smile: 138 read net
"According to this new plan for a commercial real estate project, who wants to participate and cooperate with me in development?"
"..."
"...Are you playing this big?"
...