Chapter 369: The legendary land exchange rights book

The development of the real estate economy in Xiangjiang, of course, cannot be the development of only this region, but rather the development of a local area and then the development of the surrounding areas.
For example, after the development of Tsim Sha Tsui mentioned above, it caused the Teng East area to become popular, which is the same reason.
In terms of real estate prices, real estate prices in Tsim Sha Tsui first increased, and then the real estate prices in Tsim Sha Tsui also increased, and then the prices in more distant places ... So in the end, most areas of Xiangjiang will also increase prices.
Especially in the remote areas now, even if there is not much price increase in the central area, but after the new towns are built, they will skyrocket.
The key lies in these current rural areas, the land is cheap!
Therefore, if you buy it and stockpile it for a few years, you will definitely have greater appreciation potential.
The remote areas mentioned here mainly refer to the New Territories.
In the 1960s, the government has successively started the development of the New Territories and started to establish new towns.
Because the terrain here is very good, and it is close to the Yau Tsim Mong area, the development of Xiangjiang Island has reached the extreme. There is no way to open up new large habitable areas, so the New Territories is the first area where Xiangjiang wants to develop vigorously.
In fact, the New Territories are now mainly agricultural areas. Most of the areas live in peasants, and few urban residents are willing to live there.
The new towns built by the government are mostly public housing, infrastructure, schools, shopping malls, hospitals, etc.
At this stage, only things like public housing will attract many poor people to live here.
Generally speaking, the rent of public housing is only about 20% of the rent of houses in the same regional market.
The rent in the New Territories is even lower.
According to the house that Yin Jun had rented with Wei Xiaofan and Aunt Zhang, if he moved to a public housing estate in Kowloon, he could rent a house of 40 square meters at the same rent.
This may be nothing for a bachelor, but for a family of three, it is a very small savings!
With the residence of this group of poor people, it will bring vitality to the new town and will have the opportunity to slowly develop into a mature area.
Then five or six or seven or eight new towns scattered in a few square kilometers and then connected by roads, etc., became a large urban area.
The next development can rely on this area to expand around.
It's just that Xiang Jiangzheng thought very well, but it was very difficult to realize.
The New Territories are really too remote. Even if someone is willing to live here, they need to go to work in Yau Tsim Mong, or even go further to work on Hong Kong Island.
In this way, working to work is too hard. At least five or six hours a day is on the way to work and off work. Ordinary people are unbearable. It is better to live near the work and spend more time to sleep. It will also be energetic.
Therefore, the new towns in the New Territories have basically not met expectations. When the city is overcrowded, the number of public housing applicants here has not been enough, which is really staggering.
However, Yin Jun knew that all this was only a temporary phenomenon.
With the continuous connection of the subway, as long as the subway can come to the New Territories, then you can take the subway from the New Territories and transfer at most one car to the company to work. The time spent must not exceed 1 hour. Such a poor living and working distance is not at all. Problem!
The commuting time of two or three hours back and forth is completely within the tolerance of any office worker.
Can work quickly, but the rent of the house is only 20% of the private house rental, as long as people who are not idiots know the place to choose evil words!
In this way, public housing estates in the New Territories will naturally become a sought-after sweet bun, and the number of applicants will definitely burst!
As long as some people live, the commercial development in this area can continue and a mature commercial area can be formed.
Next, private housing estates can also be built in this area to earn money from people who work hard to make money and want to improve their lives.
The gap between ordinary people and successful people is often due to their different vision of the future.
Ordinary people can only see what is today, while successful people can see things that are even further away tomorrow.
The more capable people are, the farther they see, so the chance of success will be greater and the achievements created will be greater.
For example, the group of Chinese real estate developers in Xiangjiang saw this development trend as early as the early 1970s, so they all started some layouts one after another.
This layout is the legendary "Class B Land Exchange Rights Book".
In 1959, because of heavy rains, many rivers were washed away in Yuen Long, New Territories. The government wanted to requisition farmland to repair the river.
Government administration. Land acquisition requires very troublesome procedures, including the purchase of land, compensation, etc., and there is no way to get it in three to five months.
In order to complete the restoration of the river channel as soon as possible, the government simply sent a letter to the farmers saying that we occupied you a piece of land today, and we will compensate you for a better piece of land in the future.
Then, the government gave farmers a book on land exchange rights and interests. This is the origin of the original land exchange rights and interests book.
Later, when the government requisitioned land in the New Territories, it gradually began this way.
After the land owner agrees to the government ’s land acquisition, the government will issue them a Class A land exchange rights and interests certificate as proof. After the government ’s procedures are completed, the Class A land exchange rights and interests letter will be issued. With further effect, it will be exchanged into a Class B Land Exchange Rights and Interests Letter.
At this time, the Class B Land Exchange Rights and Interests Letter can be used as a voucher for the government to give itself a piece of land.
For example, if the government has a piece of land to sell in the New Territories, but you happen to have such a large area of ​​land exchange interest book, then you can go to your government and apply for the land exchange interest book. Do n’t sell the piece of land, compensate me directly!
When the government sees that this is indeed the certificate of land exchange issued by itself, it will definitely recognize the account. No matter how other developers salivate this land and how to pay a high price, it is necessary to give priority to the second type of land exchange. This point of the holder is the default rule in government and government, and it cannot be easily broken, otherwise who will believe you in the future? You told me to return a better piece of land after I said it. I'm here to take it, but you don't admit it?
but!
Generally speaking, such a situation is impossible!
In general, the conversion ratio between expropriated agricultural land and leased construction land is 5: 2; for expropriated construction land, the compensation is naturally 1: 1.
In other words, if the government requisitioned 5000 square feet of agricultural land for farmers, then the second-class land exchange rights book that can be used as construction land is 2000 square feet.
The land that the government wants to auction starts at tens of thousands of square feet, not to mention tens of thousands of square feet. Which farmer has so many Class B land exchange rights and interests?
It's impossible!
But one farmer ca n’t do it. Should my ten farmers, one hundred farmers, and one thousand farmers have a second-class land exchange rights book?
Therefore, many real estate developers have thought of this. Since the 1970s, real estate developers have continuously bought a second land exchange rights book. Especially when the real estate boom began in the early 1980s, more real estate developers Spend a bigger amount of money and put away the second-class land exchange rights book in the hands of farmers.
Some reports say that in the early 1970s, several major real estate companies acquired a large-scale, crazy land exchange interest book on a large scale.
This statement is clearly wrong.
First of all, in the 1970s, the so-called companies such as Sun Hung Kai, Henderson Land Development, Nanfeng Real Estate, etc., have just just developed. They are worth tens of millions, one or two hundred million, and there is not much cash available. Explain to me, can it be called "crazy" and "large-scale" acquisitions with such a small amount of money?
Moreover, since the Type B Land Exchange Rights and Interests Letter was only issued in the New Territories and can only be used in the New Territories, even if someone thought about this, in the early 1970s, Yau Ma Tei, Tsim Sha Tsui, Mong Kok, Kowloon, Central, Sheung Wan and other areas , So much cheap land is waiting to be developed, what should I do to hoard your land in the New Territories?
Total waste of resources and energy!
That is, in these two years, when housing prices in urban areas became more and more expensive, and real estate businessmen had more and more money in their hands, they began to slowly pay attention to the land exchange rights book. Only then did the successive acquisitions begin.
Among them, the most powerful and firmest is Li Zhaoji and Uncle Li.
As one of the four largest real estate companies, Henderson Zhaoye was the latest company to make a fortune, but later came to the top. Li Zhaoji directly ranked second in the Hong Kong Rich List with Henderson Zhaoye for two reasons.
One is to acquire the property rights of old houses layer by layer in the urban area. After accumulating the complete acquisition, the building will be demolished and relocated, and a higher and better building will be rebuilt.
In order to do this well, Li Zhaoji specially sent people to the Chinese communities in the United States, Canada, and Australia to buy their real estate, because those people basically did not return to Xiangjiang, and when they met the right price, they sold them. Understand the ever-changing environment of Xiangjiang, so many times it is lower than the market price.
As a result, Li Zhaoji has accumulated a large number of real estate certificates, and he will make a lot of money if he builds it or sells it to the demolition and relocation of the government.
The second is the hoarding of Class B land exchange rights and interests in the New Territories. Henderson Land Development ’s development in the New Territories is the first among the four real estate developers. Often they can get the best land. Priority is above.
It's just that Li Zhaoji's Hengji Zhaoye won't go on the market until almost two years later, and until that time, Li Zhaoji will increase its efforts to acquire the second land exchange rights book.
It can also be understood from this that, in fact, in 1979, not many people can really make up their minds to spend a lot of energy to acquire the second-class land exchange rights book.
Relative to the inventory in the hands of farmers in the New Territories, the real estate developers only acquired a small part.
Yin Jun read a piece of information. Before 80 years, farmers still had a large number of Class B land exchange rights books, the number of which exceeded tens of millions of square feet!
It ’s not that real estate developers are reluctant to buy, it ’s really a farmer and not a fool. How can it be sold at a bargain price if they know this is a profitable thing?
On the one hand, farmers are constantly increasing prices, on the other hand, they really do not see the hope of developing the New Territories for a while, so real estate developers have little determination to buy.
Only when Li Zhaoji listed Hengji Weiye on the market and had enough money in his hand would he buy the B-type land exchange rights book at a high price, and then he achieved his greatest achievement in this regard.
Yin Jun is a person who has read the biography that Li Zhaoji asked people to write to himself, so no one in Xiangjiang now knows the power of the second land exchange rights book more than he, and the expensive land like gold it represents the value of.
Previously, Yin Jun had no money to buy.
After all, this kind of land exchange rights book is something that you do n’t buy tens of thousands of hundreds of thousands of square feet of interest.
What Yin Jun hoped was to come for a scan of goods, with an uninterrupted, unprecedented attitude, holding a large number of Class B land exchange rights and interests books in hand before others fully reacted.
You know, other real estate agents are not fools.
Especially when the subway is now open, they can see the real changes that the subway has brought to Xiangjiang people's lives by next year at most.
Once the remote distance will not form an obstacle, then the land on the New Territories is likely to become the fat they watch.
Such a large-scale acquisition by Yin Jun will surely be pondered by others.
Especially the big real estate companies that have already begun to acquire, they will surely find something wrong, so they also joined in.
But neither of them is a one-person company. They all need to communicate with each other, and then mobilize funds to make a good relationship. This reaction time will take some time.
What Yin Jun needs to do is to get a lot of Class B land exchange rights and interests within three months before they respond.
Compared to the previous fantasy, Yin Jun is now rich.
7.2 million copies per issue, 30 million pre-tax profits a month, and Xiangjiang ’s tax payment is paid once a year, this year ’s tax can be paid before April 81 ~ EbookFREE.me ~ Yin Jun gave a lot of turnaround time.
In addition to the 8 comics that started in November, a total of 8 million copies of sales, according to the average price of 8 Hong Kong dollars a book, published two episodes in two months, on average Yin Jun can also have a pre-tax profit of 10 million a month .
Such 40 million Hong Kong dollars is enough for Yin Jun to continue to acquire the second-class land exchange rights book!
Not to mention that as long as June next year, the battle between the charter king and New Bijian ’s Wharf will come to an end.
Even in this life, under the igniting of Yin Jun, Hang Lung Group's acquisition of Taohua Datong can be advanced.
With this windfall that ruined the Henglong Group, and the accumulated funds in his hand, after the Spring Festival, he could be swept all the way to his wish!

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