Siheyuan: My wife is Xu Huizhen

Chapter 527 Getting Involved in Real Estate

After careful management and planning by He Yuzhu, the wholesale business in Tuen Mun was finally arranged in an orderly and clear manner.

Now, he only needs to go regularly to replenish stocks according to the established plan to ensure the smooth operation of this business.

Time flies, and in the blink of an eye it is the second day as agreed with Huo Yingdong.

That morning, the sun shone on the sparkling Tuen Mun Pier, and the sea breeze gently caressed people's faces.

He Yuzhu arrived here early, quietly waiting for Huo Yingdong's arrival. Not long after, a black car slowly drove over and stopped at the dock.

The car door opened and Huo Yingdong, dressed in a neat suit, stepped out. He walked towards He Yuzhu with a smile on his face.

After the two met, He Yuzhu greeted him warmly and first invited Huo Yingdong to walk into the spacious and bright office next to the dock.

As soon as they entered the room, the aroma of tea filled their nostrils, making them feel relaxed and happy. They sat opposite each other and began to chat about various matters in the business world.

We talked about everything from market changes to future development trends. Before we knew it, the cargo ship outside the window was gradually filled with cargo and was making a low roar.

When everything was ready, He Yuzhu and Huo Yingdong stood up and walked out of the office, and boarded the cargo ship that was about to set sail side by side.

With a long whistle, the ship slowly sailed away from Tuen Mun Pier and headed towards Yangcheng Port. Standing at the bow, facing the sea breeze, He Yuzhu couldn't help but sigh:

"Thank you so much, Mr. Huo, for accompanying me on this trip in person."

Huo Yingdong waved his hand and replied with a smile:

"Yuzhu, let's not be so formal with each other. We are all family. What's the big deal about such a small matter? Besides, I have some things to deal with when I go back this time."

Looking at the endless sea in the distance, He Yuzhu suddenly remembered some rumors about Huo Yingdong that he had heard before, so he asked curiously:

"Mr. Huo, I heard that you are very famous in the sea sand business! I wonder if this sea sand business can make money?"

Huo Yingdong smiled slightly, and after a little thought, he said:

"Compared to the real estate industry, the profits from the sea sand business are naturally much less. But it has one advantage, which is that it is relatively stable. After all, today's construction projects cannot do without sea sand, so as long as it is managed properly, it can be regarded as a long-term stable income."

Hearing this, He Yuzhu nodded thoughtfully.

Then, he asked Huo Yingdong many questions about the details of the sea sand business. The more he listened, the more he felt that there were many tricks involved.

After an in-depth communication, He Yuzhu finally understood that although the sea sand business seems insignificant, it actually contains hidden secrets.

And as the outside world has said, with his outstanding business acumen and keen market insight, Huo Yingdong successfully monopolized the sea sand business in the entire Hong Kong region and became a veritable "Sea Sand King".

Thinking of this, He Yuzhu couldn't help but feel admiration for Huo Yingdong.

Huo Yingdong suddenly said:

"How about we work together to do this sea sand business?"

He Yuzhu raised the corners of his mouth slightly, revealing a smile and responded:

"Forget about that! Actually, I have already planned to get involved in the stone and stone powder business."

Among the many building materials, whether it is sand or gravel, their position is crucial and indispensable.

At this time, He Yuzhu was building more than ten industrial buildings, and the demand for gravel and sand was undoubtedly huge.

Before this, due to insufficient manpower under his command, he had no choice but to entrust the entire construction project to other companies.

However, as the company continued to grow and expand in size, He Yuzhu began to think about entering some related industries.

Especially now that they have laid a certain foundation in Tuen Mun, Du Guanghe successfully subdued the group of bigwigs who were in charge of the affairs.

Although the Tuen Mun area is quite large, it is surrounded by high mountains and only a small area is truly suitable for people to live.

Therefore, the sharp-eyed He Yuzhu took a fancy to the rich stone resources on the mountains on both sides. He planned to first mine the larger stones, and then crush them into stones of standard size through machines.

In this way, these processed stones can be widely used in various engineering projects such as house construction.

Not only that, gravel and stone powder play a vital role in land reclamation and slope leveling, and can be said to be indispensable key raw materials.

Hearing this, Huo Yingdong nodded thoughtfully, expressing his agreement:

"Yes, pebbles are indeed a good business. However, if you want to successfully carry out this business, establishing good relations with local communities is of utmost importance!"

Having said that, he couldn't help but smile slightly, turned his gaze to He Yuzhu beside him, and thought secretly in his heart.

As we all know, He Yuzhu is an extraordinary person with extremely high martial arts skills, and he also has a group of powerful and capable men under his command.

With their abilities and power, it would be easy for them to get involved in the stone business. Thinking of this, Huo Yingdong said to He Yuzhu with confidence:

"In my opinion, if you plan to mine stones, you will definitely be successful! When the time comes, when you officially start production, I will come over to purchase."

In fact, the scale of Huo Yingdong's business was quite large. In addition to his achievements in the real estate sector, he also undertook many large-scale engineering projects.

Since 1958, he has taken over a series of maintenance tasks such as repairing submarine channels and being responsible for the maintenance of sewage and flood control projects.

By 1961, his achievements were even more remarkable - he not only successfully built a new ferry terminal in North Point, but also participated in the construction of the Kwun Tong seawall and the Jordan Road reclamation project, and completed the reconstruction of the open channel.

Since these engineering projects required huge amounts of stones and gravel, Huo Yingdong had always purchased the required materials from other quarries before.

But now that he knows that He Yuzhu is interested in entering the gravel industry, he naturally looks forward to cooperating with him to obtain a stable and high-quality supply of raw materials.

The two of them easily reached a deal without much discussion, and the topic naturally turned to the currently popular real estate sector.

Huo Yingdong asked with great interest:

"You have only built industrial buildings before. Why haven't you ever thought of getting involved in residential construction?"

He Yuzhu nodded slightly and responded:

"My original plan was to focus on industrial manufacturing. After all, as you know, when I first arrived here, it was extremely difficult to rent a suitable factory building! I had no choice but to build it myself."

Huo Yingdong nodded in agreement and continued:

"If you want to realize the rapid circulation and recovery of funds, you still have to do residential projects. This thing can be mortgaged."

Hearing this, He Yuzhu's eyes lit up and he quickly responded:

"Yes, I have been thinking about starting a real estate project lately."

Nowadays in this prosperous and bustling Hong Kong, the real estate business is extremely hot and there is no problem in selling houses.

As long as you can successfully acquire a piece of land, you can use it to mortgage a bank and then use the loan money as the first payment to the construction company.

After all the formalities are completed, you can start the house pre-sale mode in advance and collect the house payment early.

This famous "selling pre-sale properties" strategy was first initiated by Henry Fok. Now that things have come to this, he naturally explains to Ho Yu-chu in detail how to operate this sales method.

Although He Yuzhu had some knowledge of this before, after Huo Yingdong's in-depth and easy-to-understand analysis and explanation, his understanding of "selling pre-sale properties" instantly became more thorough and profound.

After listening to Huo Yingdong's detailed explanation, I gained a deeper and more comprehensive understanding of all aspects of this business.

Although the mainland has also introduced and learned this pre-sale system, it has to be said that it has only learned the basics and only mastered the first half of the process.

The latest novel is published first on Liu9shuba!

So much so that many netizens have accused Li Ka-shing and Henry Fok of having problems with the pre-sale system they promoted, believing that it is a complete violation of consumer rights. However, in fact, this statement is somewhat unfair to them.

You should know that in Hong Kong, in order to effectively protect the core interests of the majority of home buyers, a unique and critical legal provision has been specially formulated.

This article clearly stipulates that the specific delivery date must be clearly agreed upon in the purchase contract, and emphasizes the two extremely important time points of the 28th day and six months after the delivery date.

If the developer fails to deliver the house to the buyer on time as agreed in the contract, the buyer has the right to submit an application for withdrawal from the house to the relevant department in accordance with the law and regulations within the two specific time periods mentioned above, and request immediate termination of the purchase contract.

Once this happens, the bank must refund all payments made by the buyer without reservation.

At the same time, the builder will bear all the economic losses caused by delayed delivery, so the buyer will not suffer any property loss.

It's a pity that for some reason the mainland did not adopt such a key and protective clause when introducing the pre-sale system, but chose to directly remove it from the entire system.

If the house is unfortunately unfinished and cannot be delivered smoothly on the agreed date, it would be extremely embarrassing and difficult.

In this case, the builders were unscathed, the banks were also safe, and the only ones who suffered huge losses were the poor buyers.

Despite this, the bank's loan cannot be short of a single cent. However, the warm home that was once so anticipated has now become a dilapidated, unfinished building that no one cares about.

At this time, Huo Yingdong said slowly:

"In fact, you should have entered the real estate industry a long time ago."

The other party responded:

"Yes, I have always wanted to get a piece of land in Tuen Mun and then set up my own construction team."

You should know that Huo Yingdong owns many companies, including one called Yourong, which specializes in construction business.

However, most of the projects they undertake are large-scale projects and various commercial projects, and there are relatively few developments and constructions of ordinary residential houses.

In the bustling and bustling Hong Kong area, there are countless construction companies, as densely packed as stars in the sky.

Even if He Yuzhu successfully founded his own company in the future, there would not be an obvious competitive situation between the two for the powerful Huo Yingdong.

Hearing this, Huo Yingdong said generously:

"No problem! When you really start to operate, I can assign two capable people to assist you, so that the entire team can be quickly established and improved."

He Yuzhu quickly thanked him gratefully: "Thank you so much!" Huo Yingdong waved his hand and said with a smile:

"It's just a small matter, not worth mentioning. When it's done, we can find a time to have a good gathering and set up a sumptuous banquet."

If the person was Huo Yingdong, he might have responded politely, but when the person became He Yuzhu, the situation was very different.

There is of course a reason for this. You have to know that He Yuzhu's cooking skills are so superb that once people have tasted one bite, they will think about it day and night and will never forget it.

He Yuzhu was also a grateful person, so he immediately asked:

"I wonder if you are interested in getting involved in the clothing and textile business? I happen to have some connections that can help me get some related equipment!"

Hearing this, Huo Yingdong was slightly startled and said hesitantly:

"This business..."

After all, the textile industry is a labor-intensive industry with the lowest threshold among all industries. In today's Hong Kong, sand factories and textile factories are everywhere.

Even Wheelock, one of the four famous trading companies, had its own textile factory.

It was still the early 60s at this time. If it were not until the late 70s, Hong Kong's textile industry would gradually decline due to the sharp rise in labor costs.

Prior to this, Huo Yuandong had never been involved in any physical business, and his main focus had always been real estate engineering projects.

It has to be said that Huo Yingdong is indeed doing very well and on a large scale in the current real estate industry.

Unfortunately, however, he was not among the five famous real estate tigers of the future.

The main reason for this is that he never got involved in the industrial field, but instead focused on building commercial buildings and selling them directly to the outside world.

The turning point of his business was the construction of the Starlight Building, but he was unlucky and was feared by the authorities at a particular time, which resulted in the entire building being unable to access landline telephones.

Then the Star Building was sold to Jardine Matheson's real estate company for 3 million.

His business went downhill from then on.

"Let me think about it."