Chapter 103 Yang Ming knew the bidding results in advance!

Yang Ming is determined to acquire the land at the original site of Meili Building, a prime location in Xiangjiang Central District.

Yang Ming knew that this piece of land became the Bank of China Building in history. Now there are some changes. If he intervenes, Murray Building will no longer become the Bank of China Building in history.

"Kayla, this location is really good."

Judging from the current newspapers and periodicals, except for Jardine Matheson Land, Wheelock and Swire \u0026 Co., these British companies are relatively strong.

There is also Black \u0026 Decker Real Estate, a joint venture between the four major Chinese-owned real estate companies in Xiangjiang, which is also very powerful.

When the auction announcement for this piece of land was issued, the Imperial Group had not yet appeared, so it was impossible to sign up.

However, Wharf and Hutchison Whampoa were both acquired by Yang Ming, and both groups have their own real estate companies signed up to participate.

"The bidding meeting will be held tomorrow morning at the Heung Kong Public Works Department Building."

It seems like you have to take the time to check it out.

Yang Ming and Kayla finished their afternoon tea.

After Kayla drove away by herself, Yang Ming returned to the study in a wheelchair. He first picked up the landline phone and called Ma Shimin's home.

Today is Saturday.

Under normal circumstances, Ma Shimin should be at home with his family.

To Yang Ming's surprise, Ma Shimin's wife Jennifer told Yang Ming on the phone that Ma Shimin was actually working overtime at the Wharf headquarters.

After a while.

Yang Ming's landline phone rang. It was Ma Shimin calling from the general manager's office of Wharf Building.

"Boss, I heard you were looking for me?"

"Ma Shimin, are you working overtime today?"

Since Ma Shimin became the general manager of Wharf Group, he basically spends 12 hours a day on the company. This is like a different person from before when he was lazy and loved to drink.

So much so that on Saturdays and Sundays, when other white executives were resting and relaxing, he returned to the company to work overtime.

"Boss, Wharf has a lot of things to deal with, so I went back to the company to work overtime."

"Then meet me after get off work."

"Yes, boss."

He couldn't explain clearly on the phone, so Yang Ming waited until Ma Shimin got off work to talk in detail.

18:30 pm.

Ma Shimin drove to the mid-level villa in Repulse Bay.

When Ma Shimin got off the car, Lin Dezhong was already waiting for him.

"Mr. Ma, Mr. Yang is waiting for you upstairs."

Ma Shimin followed Lin Dezhong to the third floor.

I saw Yang Ming writing something in the study.

"Young Master Yang, Mr. Ma is here." Lin Dezhong reminded.

"Ma Shimin, please sit down."

Ma Shimin sat down and when Lin Dezhong went to bring him a cup of tea, Ma Shimin thought at first that the boss wanted to know about the situation in Wharf.

When Ma Shimin spoke in detail, Yang Ming remained silent.

He was there listening carefully.

Ma Shimin is a white man who is valued so highly by Li Jiacheng. He is very capable. Yang Ming is very relieved that Wharf is fully managed by Ma Shimin.

"Ma Shimin, I'm calling you here this time about the auction of the Meili Building plot."

Murray House land auction?

Murray House is a characteristic Victorian building. The buildings on the ground will not be auctioned. The auction will be the land under the original site of Murray House.

Ma Shimin had heard about the land auction at the original site of Murray Building before.

"Boss, are you saying you want to take over the land in Murray Building?"

"There are many high-rise buildings in Xiangjiang, including Wharf and Hutchison Whampoa. With the large-scale development of Empire Group, those buildings can no longer meet the office space of Empire Group. I am also planning to take over the original site of Murray House. As the headquarters of the Imperial Group."

So that's it.

"Some time ago, the Empire Group had not been established, so they did not sign up to participate, nor did they pay a deposit. However, Wharf and Hutchison Whampoa have both signed up and paid a deposit. In this case, Wharf can take the photo first and then change hands. To the Imperial Group.”

Ma Shimin knew that this was of course normal.

As for the original site auction of the Meili Building land, Ma Shimin thinks that it is in a prime location and the land price is suitable and it can be auctioned, which is of course good.

Definitely not if the price is too high.

Last year, the overall land auction price in Hong Kong reached as high as HK$10,000 square meters.

This is also the overall average land price in Hong Kong, including land prices in Kowloon and New Territories suburbs.

In these prime locations in the Central and Western District, the auction price of land there should be several times higher.

It is possible to pay 20,000 or even 30,000 Hong Kong dollars per square meter.

Historically, during the land auction in Xiangjiang in 1978, the average land price was as high as 38,500 Hong Kong dollars per square meter.

The Murray Building plot is now the first piece of land to be auctioned this year. In addition, since last year, land prices and commercial housing in Xiangjiang have soared.

The auction of the Murray House land parcel is destined to be impossible to sell at a low price.

It is probably the most expensive land king in Xiangjiang this year.

Even if calculated based on HKD 40,000 square meters, the Murray House plot covers an area of ​​8,400 square meters. Calculated, this piece of land alone costs HKD 336 million.

If the land price is higher, the total price of the land will be higher.

This is still a case of just a land plot. After construction, the price may be several times higher.

In other words, it will cost at least one billion Hong Kong dollars to acquire this piece of land and build an office building.

Ma Shimin made a rough estimate based on the land auction price in Xiangjiang last year and the current property prices in Central District. Ma Shimin said: "Boss, the auction price of the Meili Building plot may not be low. According to my estimate, it may be HK$500 million. "

HKD 500 million?

Yang Ming smiled.

Before Ma Shimin came, Yang Ming had already seen the final auction price of tomorrow's Meili Building in advance from the newspapers sent by Zhong Chuhong and Azhu.

550 million Hong Kong dollars.

This was obtained by Black \u0026 Decker Real Estate, a joint venture between the four major family real estate developers, and the price was higher than Ma Shimin's estimate.

After calculation, the average price has reached as high as 65,500 Hong Kong dollars per square meter.

Because this time the land parcel was not auctioned in a traditional way, but through a hidden bid.

In other words, no bidder will know the price of this land until it is finally announced.

In this regard, it is unlike an open-bid auction.

It is difficult to say whether these real estate developers colluded in private and knew each other's bids in advance.

If the price mentioned by Ma Shimin is really followed, it is impossible for Wharf, Hutchison Whampoa, or even Yang Ming to win the Murray House plot.

Yang Ming already knew the result of this hidden bid in advance, and he was very confident.

"Tomorrow morning, we will go to the Xiangjiang Public Works Department building to participate in the secret bidding auction."

"Yes, boss."

Ma Shimin didn't agree with Yang Ming's high price for acquiring the Meili Building plot. The main reason was that he still felt that the current land price in Xiangjiang was too high, and acquiring the land was also very risky.

On the other hand, as Yang Ming said, the Empire Group is developing rapidly and can acquire other buildings as its own office buildings at any time.

Ma Shimin also agreed to spend his own money to build new office buildings.

The two of them finished chatting.

After asking Ma Shimin to stay and have dinner together, Ma Shimin drove away.

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