There were a total of 12 plots of land in the entire auction. Other than the land king, the remaining plots were not big.
Swire Pacific got a 568-mu piece, Huchison Whampoa got a 700-mu piece, and Hengji Zhaoye got a 631-mu piece.
The remaining scattered plots of land were either taken over by small real estate developers or by the three of them.
Soon, the auction entered the final segment.
"Next, we will begin the auction of plot 12. Area: 300 hectares. Base price: 600 million.”
The Deputy Director of the Yuan Long Land Administration shouted.
Instantly.
Everyone fell silent.
Almost everyone's eyes were focused on the young man in the front row who was wearing a light-colored Tang suit with a black bird pattern.
The prestige of the Soaring Dragon Group shocked everyone present. No one dared to ignore Qin Xiao and bid first.
Even the deputy director of the Land Administration looked at Qin Xiao.
However, Qin Xiao did not speak.
"Land No. 12, 600 million!"
"Land No. 12, 600 million!"
Time passed by, and the conference room remained silent.
The deputy director of the Yuan Lang Land Office saw that the scene was going to be unfilmed. He was covered in cold sweat and hurriedly shouted a few times.
The person in charge of Long Teng Real Estate, Lin Yun, was anxious to death. Qin Xiao did not speak, so he did not dare to act rashly.
At this moment, Qin Xiao's expression was normal, and his eyes were as deep as the sea. No one could guess what he was thinking.
"610 million."
In an instant.
A baritone voice broke the silence.
Li Lishi, the head of Huchison Whampoa, extended his right hand and raised the number plate high.
This sound was like a horn on the battlefield, opening the prologue to the battle for the Earth King.
"620 million!"
"630 million!"
Hengji Zhaoye and Swire Pacific made bids one after another.
The atmosphere in the conference hall was tense. Everyone was watching these consortiums fight for the land king.
In just a few minutes, the base price had risen from 600 million to 800 million. And this price did not stop and continued to rise.
The deputy director of the Yuan Lang Land Administration was filled with joy and excitement.
The Long Teng Group was also ignored by everyone at this moment. They all thought that Long Teng could not take out so much money, so they did not speak for a long time.
"Huchison Whampoa has offered 900 million. Is there anyone who can bid higher?”
The deputy director of the Yuan Long Land Administration raised the hammer in his hand and repeated,""900 million going once!"
"900 million going twice!"
Lin Yun, the person-in-charge of Long Teng Real Estate, stared at Qin Xiao. His sweat-soaked back betrayed his heart.
At this moment, he saw Qin Xiao wave his hand and his expression changed drastically. He stood up abruptly."One billion!"
His powerful words echoed throughout the entire conference hall. Everyone looked at the number plate that was raised high.
"Hiss!"
In the next moment.
Everyone present came back to their senses and sucked in a cold breath.
Even the heads of Huchison Whampoa, Hengji Zhaoye, and Swire Pacific were shocked.
One billion Hong Kong dollars, the Long Teng Corporation actually shouted it out so easily. One bid was 100 million. It was simply unbelievable!
The pretty face sitting next to Qin Xiao was full of astonishment. Her small mouth was so wide that a fist could fit inside.
What was the concept of one billion? Even the leader of the money empire, Lei Luo, was only worth 500 million. That meant that the Long Teng Group had used two Lei Luo to bid for this piece of land.
How could she not be shocked?
Qin Xiao's expression was still as calm as water. He only gently patted the thin and slightly silky…Her thighs were slippery.
" Longteng Real Estate offers one billion!"
The deputy director of the Yuan Lang Land Administration, who was in charge of the auction, could not hold it in anymore. He was afraid that he would laugh out loud if he continued to stay.
Compared to the other districts in Hong Kong, the economic and traffic conditions in Yuan Long were far inferior to those in other districts, even though it had a unique geographical location.
300 hectares of land looked like a lot, but in fact, not many companies were willing to take it, because the cost of developing this land could be billions or even tens of billions.
He had thought that 900 million yuan was the highest price Huchison Whampoa could offer, because Huchison Whampoa's focus was on Yuan Long.
As for Hengji Zhaoye and Taiji Yanghang, their focus was not here, so they naturally could not offer a higher price.
However, he did not expect the local tyrant of the New Territories, the Long Teng Group, to offer such a sky-high price. The Yunlang Land Office suddenly had an additional 100 million Hong Kong dollars.
The other 11 pieces of land in today's auction were only sold for less than 500 million.
This kind of surprise almost scared the deputy director to death.
"One billion going once!"
"One billion going twice!"
"One billion going thrice. Clang! Congratulations to Longteng Real Estate for obtaining Land No. 12.”
As the crisp sound of a hammer rang out in the entire conference hall, Long Teng Real Estate won the title of land king for this auction.
Qin Xiao's eyes could not help but flash with a glimmer of light. With this piece of land, not only did Long Teng have the basic land, but it could also build a Xiangjiang downtown area that belonged to Long Teng.
4500 acres of flat land could not only accommodate a commercial complex, but it could also be built into an urban complex.
Perhaps this concept had already spread throughout the later generations, but it was the first time in this era.
With the backing of the Long Teng Group, Long Teng Real Estate had sufficient cash flow to build such a Xinshi District.
With this urban area as the center, it would connect the various districts of the New Territories, such as the North District, Tai Po, and tsuen wan, completely shaping the New Territories into a whole.
Such a new territory was an indestructible territory, which contained half of the population and 80% of the land of Xiangjiang City.
Long Teng continuously brought in fresh blood from the mainland, washing away the colonial imprint left behind by the Emperor for decades.
In less than 10 years, the entire Xiangjiang City would be brand new.
This was the beginning of Soaring Dragon's true rise!
Lin Yun, the person in charge of Longteng Real Estate, couldn't hold back his excitement and quickly signed an agreement with the Yuan Lang Land Office.
In fact, all the land in Xiangjiang City belonged to the Emperor, and the auction was only for the right to use the land for a certain period.
In layman's terms, the land being auctioned had a lifespan of about 100 years.
After the agreement expired, the company had the priority to renew the contract, not directly take back the right to use it.
This was enough for a company that needed to develop.
Li Lishi, the head of Huchison Whampoa, and Chen Chunsheng, the head of Hengji Zhaoye, looked at each other and saw the bitterness in each other's eyes.
Sure enough, it was not that fierce dragons could not cross the river. Compared to the Long Teng Corporation, they were still a little lacking in courage.
If they really had to fork out money, the one billion yuan could be taken out by both Hutton Whampoa's backer, Changjiang Industries, and even Heng Ji Investment.
However, it was impossible for them to take out so much money to develop a piece of land that had never been developed in Yuan Long. The investment and production time was too long.
Even if Huchison Whampoa wanted to pay 900 million for this piece of land, it was only to hoard the land, raise the price, and wait for the appreciation, not to develop it.。
This book comes from：m.funovel.com。