The birth of the Hong Kong Island family
Chapter 12 [Home Ownership]
"Boss, Master Huang Zutang is here!"
"Okay, please!"
Huang Zutang is the second son of Huang Shun, and Huang Shun is a veteran architect. The later Huang Shun family is also well-known in Xiangjiang, mainly because of their great achievements in architecture. Among them, Huang Zutang is the most well-known. He founded Huang Zutang Architectural Engineering Design Institute, which is a well-known Zushi Building in Xiangjiang.
Of course, this kind of designers (architectural designers) might have been more popular before the 1970s. Later, large real estate developers would have their own architects and construction companies.
Hong Kong's famous teacher Luk Hsiao-pei has been engaged in construction all his life. When he was old, he suddenly realized that only real estate development was the most profitable.
Lin Zhichao and Huang Zutang met because of the introduction of lawyer Zhou Jianxun. They are both from Guangdong Province and know each other in the circle.
"Huang Zeshi, please sit down!" Lin Zhichao stood up happily and greeted.
"Boss Lin, you're welcome!" Huang Zutang said equally friendly.
Yesterday, Lin Zhichao had taken Huang Zutang to see the land at No. 46-48 Shanlin Road. Today Lin Zhichao wanted to communicate with him about how to design it.
Although Lin Zhichao is a real estate junior, it does not mean that he does not know anything. On the contrary, he understands many "different" things than architects, such as market demand.
"Huang Zeshi, for the land on Shanlin Road, I think this way: I plan to build three 5-storey tenement buildings, each with a floor area of about 1,200 square feet, and a total of 15 floors of residences. Each floor of the residence They are all three bedrooms and two living rooms, with a kitchen, 2 shower rooms, and a maid’s room.”
There is no shared area, and the usable area of 1,200 square feet is a real deal. The land on Shanlin Road faces streets on three sides, has a high plot ratio and very little open space.
Huang Zutang took a notebook to record the client's requirements, and he said curiously: "According to Boss Lin's request, each floor is a family unit. If the big owner buys a building and wants to live with his family, it may be a bit uncomfortable." Is it convenient?"
Lin Zhichao informed Huang Zutang of his plan to 'sell in layers', and he immediately received continuous praise from Huang Zutang.
"Wonderful, the passage of the field hall's pass shows that there is no problem with the law. In this way, property transactions in Hong Kong are bound to be more active than before. A house with a floor of 20,000 to 30,000 Hong Kong dollars is definitely more expensive than a house that costs 50,000 or 100,000 Hong Kong dollars." Wan's building is much easier to sell. Boss Lin is really a genius!"
Lin Zhichao was modest and said: "Because I am not very capable, I started thinking about the 'home ownership' plan."
Huang Zutang nodded in admiration!
Finally, Lin Zhichao made a request: "Huang Zeshi, I am a junior in real estate, and I am more interested in architectural design. I don't know if there is any problem. Can I ask you for advice."
Huang Zutang said happily: "Of course, if Boss Lin wants to learn, you can ask me for advice at any time. We are all friends, so you are welcome."
Little did he know that Lin Zhichao was a rather 'troublesome' person, and he planned to learn from him, and this 'apprentice' had a strong learning ability.
When Huang Zutang left, Lin Zhichao got up and went outside. There was only one office in the entire Changjiang Real Estate office building, and Lin Zhichao naturally occupied it; office.
Of course, given the size of Changjiang Real Estate, almost 10 people are enough to cope with the current work, and the company currently has 5 people.
"Boss, the job application is scheduled for 1 p.m.," Li Gaofu reminded.
He is now Lin Zhichao's assistant, almost a clerk in the company, which is actually similar to his work in a trading company.
"Well, I hope to meet Yingcai again today to join our company."
The employees in the company at this time are actually very honored in their hearts. You must know that Changjiang Real Estate has just established and spent a huge sum of 218,000 Hong Kong dollars to buy a piece of land. It is obvious that the boss is very powerful.
Only the accountant, Zhou Fuzhao, had some activity in his heart, because the company only had 40,000 Hong Kong dollars in the account, and he was thinking that with this amount of money, he might not be able to carry out the project!
Of course, he felt that the boss just hadn't injected capital yet.
Time passed day by day, and Changjiang Properties began to work in an orderly manner.
Perhaps, at this time, Cheung Kong Real Estate was just an insignificant real estate company in Hong Kong. Few people even knew about this company, but they did not know that Cheung Kong Real Estate was brewing a "real estate revolution".
During this period of time, Lin Zhichao studied architectural design with Huang Zutang. He learned about real estate through inquiries, and usually read some real estate-related books and magazines; Huang Zutang was very surprised because Lin Zhichao's learning ability was too strong. Even many questions can be drawn from one example.
At the same time, in contact with Lin Zhichao, Huang Zutang found that he could also learn architectural knowledge from this "real estate junior", which made him sigh, Lin Zhichao's thinking is very innovative.
Seeing that everything was almost ready, Lin Zhichao came to the 'Gao Luyun Law Firm' again.
"Lin Sheng, welcome, you must be very busy at work recently!" Zhou Jianxun said happily.
Although Lin Zhichao is young, he feels its huge potential. Otherwise, how could he come up with the good idea of "layered sales". The important thing is that the opinion given by the Field Office is 'feasible'.
The Hong Kong government is now encouraging capital to rebuild houses or build houses to alleviate the housing shortage. It can be said that the Field Office responded quickly and did not make any trouble. Of course, there is no legal obstacle to this in itself. It’s just that Hong Kong people are accustomed to following the London property transaction method, and no one thinks of innovating at all.
Lin Zhichao said with a smile: "I just followed Huang Zeshi and learned from him. After all, I don't understand anything."
Zhou Jianxun thought of his friend Huang Zutang's 'accusation', he laughed 'haha', and then said: "Fortunately, Lin Sheng, you didn't want to learn to be a lawyer, otherwise I should be unemployed. Huang Zeshi said that you are smart and responsive."
"No matter where I am, I'm just working hard. After all, my current wealth is all on this piece of land." Lin Zhichao said modestly.
Zhou Jianxun reassured: "Although I am not a real estate professional, I also know that according to your plan of 'tiered sales', the unit price should be higher. Your project is profitable and stable."
Lin Zhichao immediately thanked him and continued: "Lawyer Zhou, I have another problem when I come here this time, and I want to discuss it with you!"
Zhou Jianxun became interested. Threesomes must have my teacher. He felt that Lin Zhichao had this feeling that made him feel, so he said seriously: "Okay, I'm all ears!"
Lin Zhichao was faintly excited, and after calming down, he said calmly: "That's right! I think that after the construction of the new building starts, our company will first collect 50% of the deposit from the buyer, and pay the rest in installments, just like paying rent. That way, when the new building is completed and all the buyer's remaining money is collected, the buyer will own his own property and get the title."
In fact, it is the sale of uncompleted buildings. In the "installment payment", what the buyer pays the first deposit to buy is actually only a building that has not been completed during the construction period, just like a plant that is in the blooming stage and has not yet borne fruit. These buildings are called "uncompleted buildings". '. The ‘installment payment’ method of property sales later became commonly known as the “off-the-plan property sales” system.
Zhou Jianxun's expression became serious, and he pondered for a moment and said, "How do you ensure that buyers trust your real estate company? Or are they willing to buy houses that have not yet been built?"
Lin Zhichao said confidently:
"First, we have obtained the land, drawn up the plans, and prepared to start construction. It is only a matter of time before the building is completed."
"Second, our real estate company will prepare a building brochure to introduce the condition of the building in detail, attaching detailed information such as floor plan, project progress, completion time, etc."
"Third, there is a shortage of houses in Hong Kong. As a large number of rich people come to Hong Kong, they bring huge wealth, but many of them can only rent properties. Imagine if a good house with a price of only 30,000 yuan, they can buy it in about a year. It must be very tempting if you can take it.”
In this era, tenement buildings and arcades with 3 to 5 floors were common. From the start to the completion of a project, there were no problems in 12 months, and the project progressed very quickly.
Finally, Lin Zhichao added: "As long as your lawyer is willing to cooperate, we can use my forest road project as an experiment."
Zhou Jianxun was already a little excited at this time. He thought this was another genius idea, and in this idea, there was no need for government approval. To put it bluntly, there is no law in this regard in Hong Kong.
"No problem, I'll discuss it with my colleagues in the law firm right away and get back to you as soon as possible!"
"Okay, if Gao Luyun Law Firm is willing to provide escort, the plan of 'sale in strata' and 'sale in installments' will completely change the real estate situation in Hong Kong and make 'home ownership' a reality."
Zhou Jianxun nodded seriously. He found that Lin Zhichao always liked to say "concerned about the country and the people". Although he was young, he had the aura of a man in power.
It’s great in words, but it’s also great in practice.
Leaving aside the issue of real estate dominating Hong Kong's economy in the future, most people in Hong Kong are suffering from housing problems, so such policies are urgently needed to solve this problem.
After Lin Zhichao left, Zhou Jianxun called his colleagues together and talked about the plan of "sales by installments", which immediately excited the lawyers in the entire law firm. In the end, everyone agreed that it was feasible and Gao Luyun Law Firm was willing to participate.
Law firms are involved mainly to protect legal issues and at the same time, to give buyers peace of mind. The participation of "Gao Luyun Law Firm" can greatly increase the reputation of this law firm, and it can be said that there are many benefits.
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