Chapter 368: Desolate subway

The day of September 30th was a fresh start for Xiangjiang people.
Because on this day, Governor MacLehose presided over the opening ceremony of Xiangjiang's first subway line and took the first subway.
Although the subway was only halfway repaired, only a few stations of Kwun Tong-Shi Kau Mei were opened. At this time, there were only 4 subway vehicles traveling back and forth, but Xiangjiang opened underground rail transportation.
For a small and densely populated city like Xiangjiang, underground rail transit is an absolute artifact to help the city develop.
People can go to work from all corners of the city through subways that extend in all directions. There is no need to worry about traffic jams, traffic accidents, vehicle delays, etc., which further contributes to the formation of a big city circle.
From now on, Xiangjiang people can completely move out of the city and live in housing estates where housing prices are cheaper, without having to find a place to live in the center of the city.
Many important urban commercial establishments can no longer be crowded into places like Central and Admiralty, wherever there are more people, they can drive to where they are.
But one thing is that it has begun to change now, and will become the most important factor in measuring business value in the future.
That is the subway station along the subway!
Because the subway entrance is the connection point of the city, basically after the subway is built in the future, it will become a support point for the spider web, supporting the entire underground rail transportation of Xiangjiang.
If the people want a convenient living and working environment, then there must be a border traffic environment for a long time.
Where to find such a traffic environment?
Simple!
Is n’t it the most convenient for me to live in the subway?
Not to mention that it is not far from the subway entrance, it is a few hundred meters or one or two kilometers in the subway entrance, you can walk to it in ten minutes, and then you can take the subway to where I want to go, which is very good Commuting, school conditions!
Therefore, ordinary people must be willing to live in the subway. If the subway does not work, they should live near the subway. Anyway, the closer the better.
All right.
As a result, will housing prices rise around the subway entrance?
And because the population is gathered within a square or two square kilometers around the subway entrance, then facilities such as shopping malls, hospitals, schools, movie theaters, etc., will definitely get together here!
Since these facilities and institutions necessary for people's lives are all around the subway entrance, will more people want to squeeze it?
Needless to say, this is for sure!
Therefore, this will cause the real estate around the subway entrance to continue to appreciate, and the population here is also increasing, thus forming a densely populated commercial area.
Basically, if you blow up a two-kilometer radius of each subway entrance in Xiangjiang, there will be no one in Xiangjiang, and no commercial facilities will be built.
Of course, there are no such frustrated people, and Yin Jun also hopes that Xiangjiang will have such prosperity now.
As long as Xiangjiang can prosper, it can sustain more real estate economy.
With the prosperity of the real estate economy, Yin Jun can make more money and develop his own cultural and entertainment empire.
The next day, on October 1, the subway was officially opened, but the people didn't have the support they expected.
Except for the first one or two hours, the four trains, two trains back and forth, especially at noon, are often empty.
There was an uproar in the newspaper and the news, which felt a little weird, but Yin Jun was not surprised.
The first reason is that the subway fare is too expensive now. At such a short distance, several stations cost one yuan.
At the same distance, the bus costs only 2 cents, which is only one-fifth of the subway price.
You mean that the subway is convenient and fast, but now Xiangjiang people are not rich. It is only 2 yuan to go back and forth to work a day. 2 yuan can barely eat a box lunch outside, or a bowl of plain noodles!
Sitting a little more than 10 minutes, you can save so much money, who is not willing?
People who work hard, have to get married and have children, mortgage loans, medical treatment, etc. in the future. They all have to spend money. Who wants to save?
As a result, not many people are willing to take the subway except for some early adopters.
The second reason, and the most important one, is that this section of the subway is just the northern section of Xiangjiang's first subway.
After waiting, the station will be extended to Tsim Sha Tsui, Yau Ma Tei, Mong Kok ... until February next year, when the southern section of the cross-harbour subway Tsim Sha Tsui-Central section is opened to traffic, it will immediately greatly increase the enthusiasm of the people to take the subway.
The advantage of the subway is that the farther the distance, the cheaper the cost, and then the faster the speed, and more time-saving!
Such a short section may be 10 minutes away from the bus, but if you go from Kwun Tong to Mong Kok, the bus will take an hour, and the subway will only take 16 minutes. Do you say anyone is willing to save this 45 minutes?
Absolutely!
There is nothing from Yau Ma Tei to Tsim Sha Tsui, but you cross the sea directly from Yau Ma Tei to sit at Central or Admiralty Station?
It takes 20 minutes for the Star Ferry, not including the time for queuing, and does not include the time for the bus transfer. It takes more than an hour to ride by car. It takes less than 20 minutes to take the subway, and it is a bustling area. It's convenient and quick, but few people are willing to give up?
This is just the first line of the subway. When the second, third, and fourth lines are built, the subway can easily and quickly lead to any bustling area of ​​Xiangjiang. At that time, the number of people using the subway was really. I can imagine how crowded it is!
One can also imagine how profitable the Xiangjiang Metro Company will be.
Although the Xiangjiang subway company is still very poor, it is necessary to sell the property on the subway station to raise funds for the construction of the subway. Absorb gold weapon, make money soft!
You know, the subway company is not only a business such as buying and selling tickets, every shop in each subway station is theirs, and many subway stations have their shares in the properties!
Think about the dozens of large and small subway stations, and the countless commercial buildings above the station. The income of this stall can be more than ten times more than selling tickets!
If Xiangjiang Metro is a listed company, it is undoubtedly the most difficult period for them now. As long as Yin Jun buys their shares, they can basically live a comfortable life with dividends in the future.
It is a pity that Xiangjiang Metro is still 100% owned by Xiangjiang Government.
After two years of listing of Xiangjiang Metro, Xiangjiang Government will announce that because the subway is a public business, no company except Xiangjiang Government can acquire more than 5% of subway stocks without permission.
This rule will not be revoked until nine or more years later, but in the next few decades, the Xiangjiang government will remain the first shareholder-and no one is willing to compete with the government for public business Although it's not easy to make money, something happened to ensure that there is no good day.
Speaking of this, the area where Xiangjiang's first subway passed this time, Jiandong Reclamation is one of them.
In the 1960s and 1970s, the Tsim Sha Tsui area of ​​Xiangjiang was only confined around Cameron Road, and it was already overcrowded. Therefore, in order to continue and expand the economic development of Tsim Sha Tsui, the Xiangjiang government carried out large-scale reclamation in the surrounding Tsim Sha Tsui The project obtained about 18 hectares of land.
These lands have been sold by auction. Among them, the Xin family of the Huang family bought 9 hectares of land, all of which were of high prices, which was satirized as a crazy move.
But after 75 years, because of the expectation of the subway, the plot of Jiandong suddenly became popular.
So far, Sino Land has only developed two projects-Tsim Sha Tsui Center and Empire Center, and has already earned the money from the original land purchase, and has a profit of hundreds of millions of Hong Kong dollars.
Now, Sino Land has 6 hectares of land reserves, with two thirds remaining!
It is conceivable that as real estate continues to develop and prices continue to rise, after three, five, seven, eight, or fifteen or six years, these lands are being developed one after another, and they will simply make a lot of money. Full bowl!
Yin Jun also knows that in the future, the Xin family of the Huang family will be known as the "King of East Tsim Sha Tsui", and then they directly changed the company name to Tsim Sha Tsui Real Estate!
In addition, the king of Central is Land, Wharf is dominating Tsim Sha Tsui by the Harbour City.
Hysan Property, which is now the property of the wireless chairman's family, will also become the cause of Causeway Bay!
The development of these companies has nothing to do with the real estate tycoons of Xiangjiang in the future.
They only got such an opportunity by relying on the layout more than ten years ago, decades ago or even a century ago. In fact, the current situation created them, not their real strength.
In the future, the real Hong Kong real estate super rich, their layout is in the whole Xiangjiang!
They rely on one after another real estate, continuous development, continuous development and growth along with the development of Xiangjiang, rather than like the above companies, they can only guard their own sites to keep up ~ EbookFREE.me ~ and not Pioneering, so in the end it is just to rent a meal.
And Yin Jun never envy these people who have taken the lead.
Even he has no envy for the four real estate magnates of Xiangjiang.
Yin Jun has set his goal from the beginning.
The direction of my own struggle is the cultural and entertainment empire.
Any real estate industry is only for the purpose of accumulating capital and strength and serving this goal.
With Yin Jun's heart, of course, he will not be fascinated by the profit of buying and selling houses, thus forgetting what he should do.

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