Business Witch
Ch. 39 Buying a Home

The 300,000 Hong Kong dollars that Lin Youde was going to give him was unlikely to come soon. Because Lin Youde had to return again to Guangdong Province to sell his property to get 300,000 Hong Kong dollars.

While Wu Guangyao's plan to buy a house was still on the agenda right now, he now actually wanted to marry Lin Yueru immediately to feel a sense of gentleness if it was already a family.

Wu Guangyao plans to stay in the best place on Hong Kong Island, which is a gathering place for nobles and officials on the Taiping mountain.

Before 1947, Chinese were banned from living in mountainous areas, but this year the Hong Kong government lifted the ban.

After World War II, the people who were British colonies demanded all kinds of equality, and even sought political status.

"Take Singapore as an example. Today, China has a bigger voice in government. The Governor's power has been dissolved. An advisory group consisting of appointed officials and non-officials has been formed. The system became two separate executive and legislative councils in July 1947.

Wu Guangyao, who came from the next generation, naturally knew how valuable the mansions and villas on Mount Taiping were.

Some people say that the mountain is too high, it is uncomfortable to go up and down, and also too much cold wind.

However, that was not the case, as the highest altitude of the entire Taiping Mountain Range was only 500 meters.

In addition, the cable car has been installed and the road has also been built for a long time, in addition, the Barker Road area is not on the mountain.

So all this is unrealistic. Wu Guangyao currently did not possess such capital power, nor did he want to make it the center of people's attention.

It is reported that the first Chinese to live on Barker Road was supposed to be the wealthy Chinese family Huang Kejing who spent 1.8 million Hong Kong dollars to buy 47 houses on Barker Road in 1978, usher in the era of Chinese entrepreneurs entering Barker Road.

And I don't think I need to wait too long to stay in that area. Because I believe, in the early 1960s I already had the power for it.

Because to buy a mansion on Barker Road I have no power, but, what about buying a house in Deep Water Bay?

In the next generation, Li's richest man bought No.79 Deep Water Bay for more than 600,000 Hong Kong dollars in 1963.

He has three Kuok brothers from Sun Hung Kai Properties, Kerry Kuok Henian Construction Group Chairman, and CLP Holdings Chairman Michael Kadoorie. They all live in Deep Water Bay. So obviously, this place is also very good.

Especially the position of the richest Li who used to live there, Wu Guangyao would definitely buy it first.

According to Mr. Feng Shui, home of No 79 in Deep Water Bay, his house overlooks the Golf Course in Deep Water Bay, and also serves as the Daming Hall, to the west is the Violet Mountain.

But now to buy land or a house in Deep Water Bay at least he would have to prepare 100,000 to 150,000 Hong Kong dollars.

It's too expensive.

Wu Guangyao finally shook his head, so let's talk about it in a few years later.

In the early 1950s, it was not too late to start for him.

No matter how much he thought, Wu Guangyao had no way of realizing his wish now, so in the end he would buy a tenement now.

This tenement house is located in Mongkok, Kowloon. This is a three-story building. Building structure adopts third generation tenement house construction method — concrete construction.

The area is quite spacious, after buying his house, the first floor can be used for the residence of the nanny and bodyguard, the second floor can be used for functional spaces such as the living room and dining room, for example, the third floor had several bedrooms for her later Wu Guangyao woman.

However, he now did not want to immediately find a second wife for her.

“How about this house? if a little renovated, then this house is no worse than your uncle's house. ”Wu Guangyao asked to ask for an opinion from Lin Yueru next to her.

The building was discovered by an intermediary, as Wu Guangyao did not have time to search the house every day.

"Well, I also think the house is pretty good, so we can buy the house faster, and immediately decorate it." Said Lin Yueru.

This sentence that Lin Yueru spoke was slightly troubled at Wu Guangyao's hearing.

Lin Yueru blushed in embarrassment hearing her, if only the intermediary was far away from them, maybe Lin Yueru would directly beat Wu Guanyou up.

"You can be proud of that! People and wealth have both, and all the good things you've met" whispered Lin Yueru.

In the end, the two men unanimously decided to buy the house. The property of this house is the property of a foreign businessman.

Today, on Hong Kong Island, tenement houses are mostly owned by foreign businessmen.Hong Kong and Chinese people need to buy houses from them, then they will make a lot of money from this.

In this era, the Chinese real estate business has not shown that there are signs they will enter this business. Because they don't have the technology, nor the power.

But in the next two or three years, because with its capital participation from the mainland, the Chinese will gradually replace foreigners and gradually benefit in real estate.

So how could Wu Guangyao miss this good show.

Not only does he want to participate, but he wants to become the biggest real estate developer and builder on Hong Kong Island.

The person who served them both in buying the house was a Chinese manager, so there was not much room to discuss the price.

They agreed the price was lowered to 38,000 Hong Kong dollars.

If it is calculated based on the current high salaries of Chinese on Hong Kong Island, who earn about 80 Hong Kong dollars, then it would take about 40 years for them to be able to buy it.

And as for the salaries of ordinary people, who pay 15 to 30 Hong Kong dollars, he feared it would take more than 100 years before they could afford it.

This house is quite expensive.

After buying the house, they plan to directly decorate it.

Although this was only a temporary residence for the next few years, Wu Guangyao still personally designed his decorating style.

The materials for decoration in this era were very simple, but Wu Guangyao made some innovative ideas, which were a step ahead of this era.

The decoration company he had chosen, was clearly the Yaocheng Decoration Company, which was the company he had just created with Xue Cheng.

This company they made, in a deal that had already been reached when the two ate together last time.

Wu Guangyao and Xue Cheng each invested around 2,500 Hong Kong dollars to establish the Yaocheng Decoration Company.

Xue Cheng was in charge of the actual operation, while Wu Guangyao only needed to come up with some business ideas.

This decoration company might be Xue Cheng was a bit unlucky. After all, he already had a network of workers, and decades of decorating experience, but he still had to be the one in charge of the actual operation.

In fact, it's not true. Because after the Yaocheng Decoration Company was established, Wu Guangyao immediately convinced the workers and employees to believe in her.

First of all, in terms of technology, in the later generations, when Wu Guangyao renovated some houses, he himself did it straight away, because there was so much experience that he knew from the later generations, it instantly made the Yaocheng Decoration Company rise to a higher level.

Secondly, in terms of operation, Wu Guangyao also introduced a modern management system, and also a publicity system like business card printing, and the effect was very good.

By showing such a genius idea, Mau it was Xue Cheng or even the employees and workers below, they no longer had any opinions about Wu Guangyao as their new boss.

This decoration company was only a small investment for Wu Guangyao, therefore he rarely participated in this business, and everything was left to Xue Cheng.

Wu Guangyao intends to incorporate this decoration company into his own construction company and become a subsidiary when he enters the real estate industry in the future.

The thing that Wu Guangyao envied the most was the creation of the Docks made by the ship's king in the future, as he could collect the rent of around 20 billion Hong Kong dollars every year.

But in the world of this era, the pier must belong to his family.