The birth of the Hong Kong Island family

In the conference room of Cheung Kong Holdings, Lin Zhichao and the management were discussing the details of the Champagne Building with Andrew, a British lawyer.

Lin Zhichao also did not expect that after he invented "stratification and installment" in the late 1940s, Hong Kong real estate has not improved; People come up with innovations.

Even among the large number of buildings built before (3-5 storey tenement buildings), most of the owners still adopt the method of "lease payment", and only a small part of them are sold in strata.

In fact, Hong Kong used to have the practice of real estate businessmen learning from foreign real estate developers. For example, when building a building with 4 floors, they set up a company. When the owner buys one of the floors, he owns 25% of the company's shares; but if the owner needs to live, The company can allocate you a floor, but you have to pay rent; at the end of the year, the company will calculate and exclude the expenses of the building and give you dividends. In this way, the owner actually does not have a property title, and once the major shareholder holds 51% of the property, he or she has all kinds of conveniences and maintenance rights, which is unfair to the small shareholders.

Until Lin Zhichao's development of "stratified sales", this situation improved in one fell swoop, which can be said to have made an outstanding contribution to the world's real estate industry.

Andrew, the lawyer in charge of the sale of the Champagne Building, is an Englishman. In fact, many British lawyers in Hong Kong can accept jobs in London or Hong Kong. Anyway, the law is the same.

He highly praised the "public housing lease" proposed by Lin Zhichao, and believed that the recent concerns of the legal and political circles seemed to be well resolved.

The Hong Kong government allows the construction of high-rise residential buildings. However, the Hong Kong government does not actually want to solve too many problems. For example, the Housing Department currently hopes to have one owner per floor. As for if a real estate company sells units in units, all subsequent issues will be handled by the real estate company. The company handles it on its own. Anyway, our government department can only do this.

In other words, the current land deeds of government departments are based on one floor (previously, they were based on one building). Therefore, if the Champagne Building is sold on a unit-by-unit basis, you actually have to communicate with the law firm and consult the Housing Department. Whether you agree or not (determined based on whether it is prohibited by law).

So the land title for each unit is actually a 1/N strata title issued by a law firm. In the future, after the government department improves the system, the property deed will be changed and registered again.

This is a career that is constantly improving, and Lin Zhichao is very happy with it.

"Lawyer Andulu, regarding this 'public housing lease', do you think it can solve the worries of strata and unit sales? Is there anything missing?"

"I have been having various discussions with my colleagues recently, hoping to find out what is missing in the 'public housing deed' invented by Mr. Lin, and found that public housing deeds can solve legal matters. As for problems that cannot be solved, they are not within the scope of the law. ——For example, owners have the right to use their own place as they wish, and others have no right to interfere, which will lead to more disputes between them. For example, if you set up a factory in a building, the noise will disturb others when the work is started; if you open a restaurant, you will make noise at the door. Install a neon sign and keep it on all night, making it difficult for residents to sleep. These problems are the future problems of residential buildings!"

Lin Zhichao laughed and said: "These issues are the 'No Nuisance Regulations' that the government needs to improve in the future. In fact, these issues have nothing to do with the building itself. For example, if someone kills someone with a gun, is there something wrong with the gun?"

The neon lights that illuminate all night are in Hong Kong's "cyberpunk" style, and residents can draw the curtains. Setting up factories in buildings is a characteristic of Hong Kong's development. In the future, Hong Kong will have a large number of family-style factories, and even Hong Kong's electronics industry in the future. Both were set up in two residential units, capable of assembling 4,000 transistor radios a month.

Andulu said with a smile: "That's true! Then we will prepare the detailed legal documents for the 'Public Housing Deed' next week. By the way, does the installment payment need to be guaranteed by our law firm?"

At this time, when real estate is selling uncompleted properties, the buyer's money will be collected and managed through the law firm, and the law firm will then call the real estate company. Lin Zhichao intends to break through this regulation, but after thinking about it carefully, it may not be a good thing for the bank to intervene too early.

Therefore, Lin Zhichao said: "Yes, it is still the law firm that collects the buyer's funds, and this time it is also cooperating with your law firm."

Andulu then said seriously: "Okay! But there is one thing Mr. Lin needs to pay attention to. If we collect the buyer's purchase funds, then we are the buyer's fiduciary. We will consider the interests of the buyer whether to transfer the money to Real estate companies. Of course, what I’m talking about is the problems that real estate companies may need to face when they are in financial crisis!”

This is true. Lin Zhichao couldn't refute it, so he said: "I know, this is the law. Moreover, we only charge 20% of the down payment for the Champagne Building this time, and the balance payment is divided into two years, and the off-plan property can be transferred and sell."

A series of manipulation techniques emerged, but fortunately, the law firm will handle everything.

Lawyers in Hong Kong are expensive, but it is a lawsuit. It is not expensive to produce some documents and notarization like this, and the fee is also paid by the buyer. Of course, for law firms, it is quite easy to do this kind of notarization by lawyers, and there is a lot of control.

Anduru said: "Others are eager to pay in advance at one time, but it is better for Mr. Lin to reduce the down payment and extend the term."

Lin Zhichao said: "The house is in my hands, and I don't worry about anyone defaulting on the loan! Lowering the threshold will help people's purchasing power, and my house will sell better. What do you think?"

In fact, Lin Zhichao also has another idea, which is to weaken his competitors. If the down payment is reduced to 20%, then other real estate companies can only reduce the down payment, and even worse, it will have to be reduced to about 30%. In this way, we will not be able to receive more money. Naturally, we cannot go too far in auctioning land, purchasing land and old buildings, and we cannot overdo it.

As for Lin Zhichao, he acts quickly and can withdraw funds as soon as possible; Yangtze River Industrial Group and Global Shipping can also provide funds to subsidize Yangtze River Industries.

In short, he is strong!

Andulu said in surprise: "Wonderful! From the customer's perspective, the lower the down payment, the less pressure they will have!"

In fact, a high-rise residential building can be built in 12 months. Two-year installments will appear, the mortgage has not been paid off after moving in, and the house deed has not been obtained.

Of course, these are small things.

Afterwards, Andulu left and returned to the law firm to deal with cooperation matters.

Cheung Kong Holdings is already busy, with more than 50 employees. It is currently planning three projects - two projects on Kimberley Road in Tsim Sha Tsui and one project at Nos. 2-4 Hysan Avenue in Causeway Bay. Each of the three sites has only one building and is a small-scale development. Each development may provide more than 200 residential units, one-floor shops and one ground-floor shop.

In a restaurant in Central, Lin Zhichao, Li Gaofu, and Yu Chengwan gathered together, and the person treating them was Yu Chengwan. He originally wanted to treat him to a guest in the evening, but Lin Zhichao was always a non-important person (attendance at events and important guests were important events), so he always refused in the evening, and the most important thing was to accompany his family.

So, everyone made an appointment at noon, and Lin Zhichao refused to drink.

Yu Chengwan was quite eager at this time, so after chatting for a few words, he brought the topic down to business: "Lin Sheng, I have sold the farm and arranged for Wu Bing and the others to live in Telford Garden."

The implication is, after listening to your words, I should mention the matter of the 'real estate agency'!

Lin Zhichao smiled and said, "Brother, how much money have you prepared?"

Yu Chengwan said frankly: "I have prepared one hundred thousand!"

Lin Zhichao nodded, and then explained: "Then let me explain to you what the 'real estate agency company' does! This kind of company is actually a real estate speculator. For real estate companies, companies like yours come to fry me. Real estate is conducive to sales and price increases, so I can give you an internal price, which is about 95% of the external price. As for the agency itself, it makes a living by speculating in real estate. Maybe you can get 30,000 from me today You can buy a house with Hong Kong dollars and sell it for 35,000 a week later. This is commonly known as speculation in real estate."

Yu Chengwan was stunned and said: "Then why do others buy it for 35,000?"

Lin Zhichao said with a smile: "Naturally, the supply exceeds the demand! When local real estate is developed, the market has always been like this. Not only people who really need to live, but also a large number of people who speculate in real estate for a living."

Yu Chengwan immediately asked: "Will the house fall?"

Lin Zhichao nodded and said: "It will fall, but it will rise again. So it is very important not to borrow excessively to speculate in real estate. For example, if you have prepared 100,000 Hong Kong dollars for real estate speculation, the average price of our champagne building this time is 30,000 Hong Kong dollars. For one set, the down payment is only 20%, and the balance is divided into 2 years. You can choose to buy 10 sets, and the down payment is 60,000 Hong Kong dollars, but then you need to pay the law firm in the early 20,000 Hong Kong dollars per installment (12 installments in total) ), during this period, if you can no longer afford it or if you are satisfied with the profit, you can transfer the 'off-plan property' in your hand to others."

At this time, there was no such agency specializing in speculating on off-the-plan properties in Hong Kong, and Lin Zhichao just happened to cultivate one.

Yu Chengwan was frightened and almost retreated.

It was Li Gaofu who patted him on the shoulder and said, "For the rest of my life, rest assured. I don't even look at who is sitting in front of you. This is an opportunity that others can only dream of!"

Yu Chengwan received the thunderous initiation and quickly offered tea to Lin Zhichao instead of wine.

"Lin Sheng pointed out the reason for me, I am truly lucky!"

"You're welcome, we are all friends!"

Lin Zhichao is not only cultivating an agency, after all, Yu Chengwan's small amount of money is really nothing; more importantly, he is taking care of him.

Of course, he will also be wary of a situation: In his previous life, Tai always said, "I have never let others down, only others have let me down", and there is a "white-eyed wolf" in it, that is Dr. Tang Yuhan; It is said that he and Tang Yuhan cooperated in the development of real estate. A piece of land is 1.8 million yuan, and only a deposit of 180,000 yuan is required. The property alone made more than 2 million Hong Kong dollars, and everyone shared the profits equally. After supporting Tang Yuhan in this way and making him a multi-millionaire, when they cooperated again in the 1960s, the two sides had already had a big conflict.

Therefore, whether Lin Zhichao supports Li Gaofu, Li Zhaoji, Lin Yunchu, Tang Zhongyuan, etc., or supports the current Yu Chengwan, he only gives support at the beginning of his career, but it is not a cooperative business; after these people make money, they no longer support them. At most we can only be friends.

Especially the cooperative land business is a big taboo for Lin Zhichao!

Lin Zhichao would only consider it unless the land belonged to someone else.

In the evening, Yu Chengwan returned to his second wife's home and immediately attracted Wu Bing's enthusiasm, but they were all inquiring about real estate speculation.

"Master, what did Lin Sheng say?"

Yu Chengwan said jokingly: "Why are you so enthusiastic?"

The implication is more or less a dirty joke, after all, Lin Zhichao is handsome and capable.

Wu Bing blushed slightly, and then raised her voice and said: "Master, I was the first to propose this business, otherwise Lin Sheng would not have thought of supporting you. Therefore, I will participate in this agency in the future, and it will also belong to me. Second bedroom. Tell me, how can I not be enthusiastic?"

Of course, she followed Yu Chengwan as a concubine with her enthusiasm, and in the end she still fought with the big house for money. Dafang takes the most profitable rice shops, grocery stores, and pawnshops very seriously. Now that she has even sold her farm, why not do a good job in the real estate speculation business.

When Yu Chengwan heard this, he also felt sorry for the second wife, and immediately said: "You participate in this business, and I will let your second wife manage it in the future, let's go to the head office!"

Wu Bing suddenly became happy, and then asked how to sell a house!

Yu Chengwan did as Lin Zhichao said, which shocked Wu Bing and excited him.

"Doesn't that mean that if you earn 10,000 yuan from one house, you can earn 100,000 yuan from ten houses! My dear, how many years will it take you to raise chickens before you can earn back the money?"

Yu Chengwan said proudly: "Working with these big bosses, just drinking soup is enough for us to make a lot of money!"

At this time, he had completely let down his guard, thinking that as long as he followed Lin Zhichao and Li Gaofu closely, it would be easy to make money in the future!

Moreover, Lin Zhichao gave him a 5% discount on one house, which is almost 1,500; then after ten houses, he can earn 15,000.

It's like making a fortune!

As for the subsequent payment issue, he can still squeeze in more funds, and if that doesn't work, he can sell a few units in advance.

Ping Shan, New Territories.

The three men were looking at the house in the distance, their expressions full of excitement and fierceness.

"Mouse, are you sure Yu Chengwan's family lives in that building? He will be back tonight too?"

"Brother Jin, it's absolutely true. I've already found out clearly that General Yu and the second lady live in that building!"

"Bah, you still call him a general! These officials have made a fortune for themselves, leaving the brothers with no enough food to eat. Today we are going to rob him!"

Mouse used to be Yu Chengwan's soldier. He heard that the old officer was making money, so he hit it off with him and planned to grab a piece of him. For these old subordinates, we are all brothers who live and die together. Why are you still eating relief food now that you are rich?

Moreover, they also know that after these old warlords and officials came to Hong Kong, they did not dare to speak out at all. They were so guilty!

Such people in Hong Kong are rich but not powerful, the best fat sheep!

It was getting dark in the evening, and the burly Jin Ge loaded the bullet and signaled his two accomplices to prepare for action. Three people and three guns can be said to kill people if they stand in the way, and kill the Buddha if they stand in the way of Buddha.

"Walk"

The three of them walked quickly towards the place where Yu Chengwan once lived, moving cleanly. As soon as they entered the house, they tied up the people inside without saying a word. Under the gunfire in the dark, cousin Yu Chengwan's family who had just moved in were frightened to the point of peeing.

"Where's Yu Chengwan?"

The cousin understood that these people were here to target his cousin, and he quickly said: "You have moved, have you found the wrong person? This is no longer Yu Chengwan's home. Every wrong has its owner, and every debt has its owner. Please let go." Live with the next family."

The three robbers were stunned. Brother Jin even gave the rat a slap and said angrily: "What kind of information did you get!"

Mouse said aggrievedly: "Who knew we could move away smoothly!" After saying that, his eyes lit up and he said: "Brother Jin, this family is also rich!"

Brother Jin was so happy that he quickly turned around to threaten his cousin and take out the money! Cousin Yu Chengwan is also greedy for money. He just wants to delay time and avoid the pain of property loss.

Just like that, about forty minutes later, the police station in Lianglidi sent people to surround him. Because the neighbor noticed something unusual, he called the police.

A shootout broke out between the three bandits and the police. The rat died and the two robbers were abandoned.

Surprisingly, cousin Yu Chengwan was only seriously injured and not dead.

The next day, after Yu Chengwan heard the news, he couldn't react for a long time.

"Lin Sheng is my savior!"

Wu Bing even said: "You are not only a lifesaver, but also a lifesaver for our whole family. Those damn robbers are specifically targeting you, so if you are kidnapped, you will definitely not survive. Once you die, the four of us will die." You will be helpless."

It was really scary for her to think about it at this time, because once her husband died, she would definitely not be able to compete for a big house, and her life would be sad.

Yu Chengwan nodded and said, "I will definitely keep this kindness in my heart."

Of course he can only keep it in mind. Now he relies on Lin Zhichao for support!

In fact, Yu Chengwan also knew that Lin Zhichao really liked to hear those stories, so in order to make friends with Lin Zhichao, he always told stories about the previous war of resistance in an exaggerated way to win Lin Zhichao's favor.

Now he no longer misses what happened back then, but wants to live a rich life. (End of chapter)