Chapter 332 Mo Xuan's Studio
In Xiangjiang, this place where capitalism is prevalent, it has always been spoken by personal strength.
In today's Xiangjiang, why Li Jiacheng is respected, why Bao Yugang is respected, and why He Hongsen is envied by everyone, all of which are determined by their own strength.
Because of this, although Mo Xuan is still a young man, he is worthy of other people calling him "you" with the capital he has shown now.
Next, the land bidding meeting tonight entered the final stage, that is, the auction of several official lands.
And this is also Mo Xuan’s main purpose to come here tonight. As for the Gemeile Building, it can only be regarded as a surprise on the way.
"Everyone, let's enter the last stage of tonight, which is the auction of five large official lands under the government."
Seeing that everyone present was still in high spirits, the host appointed by the Land Affairs Office couldn't help but feel a little secret joy in his heart. It seemed that Mo Xuan's several moves tonight inspired their enthusiasm.
Thinking of this, the host couldn't help but look at the young man approaching the front row with a hint of gratitude.
After sorting out his emotions, the host of the Land Affairs Department transferred everyone present to the third round of auction.
"Dear guests, the scene you are seeing is Tseung Kwan O in Sai Kung District, New Territories. This area is part of the Hong Kong government's future economic development plan.
In the next few years, the Hong Kong government has decided to spend a lot of manpower, material resources and financial resources to develop Tseung Kwan O into a new town, so that it can become a new economic growth point in Hong Kong in the future and alleviate the problem of insufficient land use that may occur in Hong Kong in the future.
So everyone, the first piece of land we bid for tonight is Tseung Kwan O, the new town of Hong Kong government, located in Tseung Kwan O.
It covers an area of 600,000 feet, with a starting price of 50 million Hong Kong dollars, and the lowest price increase for each time is 1 million Hong Kong dollars."
While pointing at the land projected on the stage, the host of the Land Affairs Bureau looked at the expressions of everyone below the stage.
In his opinion, the most difficult thing to take at this land bidding meeting tonight is this piece of land located in Tseung Kwan O.
There is nothing in Hong Kong that people in Tseung Kwan O are not unaware of.
That area was originally an underdeveloped place, while Tseung Kwan O was a sparsely populated rural area. To put it bluntly, it was a place where birds could not shit. People living in that area were poor for generations and could not see any commercial value at all.
Xiangjiang itself covers a small area. With the economic development of Xiangjiang in recent decades and the impact of war, Xiangjiang's population has shown an explosion, which is also the biggest reason for the surge in housing prices in recent years.
There is no way. Seeing the population increasing day by day and the per capita land use is decreasing sharply, the Hong Kong government had no choice but to advance to Hong Kong to develop wastelands that had not yet developed before or economically underdeveloped areas.
And Tseung Kwan O was born under such circumstances.
What is the most important factor in developing a local economy? It is investors and money.
For a long time, income from land sales and house purchases have been an important part of the Hong Kong government's fiscal revenue. However, with many industries in Hong Kong being in a downturn, the real estate industry is in a state of woe, and the Hong Kong government's fiscal revenue has also been greatly reduced.
Under such circumstances, how could they afford to spend enough funds to develop Tseung Kwan O?
Therefore, the reason why Tseung Kwan O's land appeared at the bidding meeting tonight was that the Hong Kong government wanted to let a talented person provide some help for the development of Tseung Kwan O and promote the development of Tseung Kwan O.
It is precisely because of this that the starting price of Tseung Kwan O, a 600,000-foot land, is unimaginable in the past.
Although now, due to the fierce negotiations between China and the UK, everyone is worried about the future of Hong Kong's development, large-scale talents have immigrated abroad, and the land prices in Hong Kong are much worse than before.
But no matter how much it falls, it will not fall to this point. This is simply a waste of money.
"What's the use of Tseung Kwan O?"
“That’s it.”
"I have been to Tseung Kwan O. That place is a piece of wasteland, and the transportation is not related."
"Only a fool would buy such a piece of land. Not to mention commercial land, even if you build a house and live in it, you may not be able to sell it."
Most of the guests present chose to remain indifferent to the gaze of the representative of the Land Affairs Department on the stage. In their opinion, the land in Tseung Kwan O is a complete loss-making transaction.
Although the Hong Kong government intends to develop it into a new town in Tseung Kwan O today, the place is not only sparsely populated, but even the transportation is not convenient.
In their opinion, if you want to develop Tseung Kwan O, you don’t have to think about it in a few years or even a dozen years. If you want to get your capital back, you don’t know that you have to wait until the Year of the Monkey and Horse Month.
If they really have this energy, what else can they develop Tseung Kwan O? The return cycle is so long, it is not in line with the basic interests of merchants.
Looking at the silent people below the stage, the representatives of the Land Affairs Office on the stage left a trace of sweat. Unexpectedly, the first piece of land auctioned today failed to be auctioned. This...
If everything goes according to the plot, the result will be like this, but who has caused an additional incident called "Prophet" in the audience?
"Fifty million!"
After glanced at the silent people present, Mo Xuan smiled, then slowly raised his hand and quoted a starting price.
Others think it is a useless place, but Mo Xuan doesn't think so. On the contrary, in Mo Xuan's mind, it has great uses, such as a cinema.
"Um?"
After Mo Xuan raised his hand, all the eyes of the audience undoubtedly gathered on the young man who had already shown his skills at this land bidding meeting tonight.
At this time, everyone looked at Mo Xuan with confusion, doubt, and mocking...
Anyone with a discerning eye can see that this land in Tseung Kwan O has no future, because of its geographical location factors that destiny that even if it develops, its commercial value will not be very high.
Compared with its investment cost, both the rate of return and the return cycle are not very satisfactory.
Because of this, everyone chose to give up the auction. With this 50 million Hong Kong dollars, they would not make more money in other projects. Why do you have to do this thankless thing?
"Mr. Mo, you..."
Chapter completed!