The Limited Times

Now you can see non-English news...

Jin Yong, who bought Hong Kong luxury homes at a low price during the Sino-British negotiations in the 1980s, bought 1 Peak Road

2020-05-31T00:12:42.001Z


"Hong Kong 01" reported exclusively today (30th) that the US government secretly sold the luxury houses of Shoushan Village Road, which is now the dormitory of the Consulate General, in a tender form, with a valuation of 10 billion yuan. During the Sino-British negotiations between 1981 and 1983, the US government successively sold five plots of land and buildings on Hong Kong Island, with a total value of 120.5 million yuan. In the past, Hong Kong's future negotiations fell into a crisis of confidence, and the property market was in a downturn. At present, the valuation of the above five plots of land is over 10 billion yuan. Among them, the property sold at No. 1 Hilltop Road by the US government was purchased by the martial arts novelist Cha Liangyong (Jin Yong) in 1985. He stayed for 11 years. In 2004, he was bought by Zhang Songqiao, a businessman known as "Chongqing Li Ka-shing" Into.


Social News

Author: Lao Xianliang

2020-05-30 20:50

Last update date: 2020-05-30 20:50

"Hong Kong 01" reported exclusively today (30th) that the US government secretly sold the luxury houses of Shoushan Village Road, which is now the dormitory of the Consulate General, in a tender form, with a valuation of 10 billion yuan.

During the Sino-British negotiations between 1981 and 1983, the US government successively sold five plots of land and buildings on Hong Kong Island, with a total value of 120.5 million yuan. In the past, Hong Kong's future negotiations fell into a crisis of confidence, and the property market was in a downturn. At present, the valuation of the above five plots of land is over 10 billion yuan.

Among them, the property sold at No. 1 Hilltop Road by the US government was purchased by the martial arts novelist Cha Liangyong (Jin Yong) in 1985. He stayed for 11 years. In 2004, he was bought by Zhang Songqiao, a businessman known as "Chongqing Li Ka-shing" Into.

[01 Exclusive] News: U.S. government secretly sells consulate houses over 10 billion yuan

[01 Exclusive] U.S. Secretly Sells Tenders for Consulate in Hong Kong

▼ The reporter directly hit the US house to sell the super house at 37 Shoushan Village Road, Southern District ▼

The United States Government holds properties in Hong Kong under the name "The United State of America". Reviewing the sales records, the US government once sold five luxury land plots on Hong Kong Island from 1981 to 1983, cashing out $ 120.5 million.

US government releases Hong Kong land records in the 1980s

Sale time

address

Current price (HK $)

1981

15 Cameron Hill Road

28.5 million

1981

11 Gam Road, The Peak

46 million

In 1982

2 Island Road

5000000

In 1982

1 Peak Road

24 million

1983

32 Repulse Bay Road

17 million

Source: Trading records, collated by Hong Kong 01 reporter

The US government once held 1 Peak Road, which was put on sale in the 1980s. Jin Yong bought and moved in and is now held by Zhang Songqiao of "Chongqing Li Ka-shing". (Google map)

In the 1980s, the 120 million yuan sale has now risen to more than 10 billion yuan

Originally held by the US government, 32 Repulse Bay Road and 2 Island Road in the Southern District are large plots of land capable of building 5 to 6 bungalows, each with a market value of more than 2 billion to 3 billion yuan; plus the other three are The land is located on the top of the hill, which is No. 1 Peak Road, No. 11 Gam Road, No. 15 Kimmarin Hill Road, etc. The current market value has risen to more than 10 billion yuan.

The martial arts novelist Cha Liangyong (Jin Yong) once bought the mansion at No. 1 Peak Road. (Profile picture)

Jin Yong once bought 1 Peak Road and is now held by "Chongqing Li Ka-shing"

Among them, No. 1 Peak Road, after the US government sold it in 1982, the martial arts novelist Cha Liangyong (Jin Yong) and his wife Lin Leyi were purchased for 12 million yuan in 1985. After living for 11 years, they were resold to 196 million yuan in 1996 Chairman of Quality International, a company under Li Tongle.

Li Tongle soon demolished the old two-storey tall house and planned to build a brand new mansion. However, due to the financial turmoil in 1997 and the company's financial difficulties, the housing construction plan was put on hold.

Until 2004, Zhang Songqiao, known as "Chongqing Li Ka-shing", moved from the Mainland to Hong Kong and bought the upper site for 138 million yuan, with a floor price of 19,714 psf, which made him famous in the business world. From there. In recent years, he has moved the brand "No. 1 Hilltop Road" back to Chongqing and built 700 apartment units in Chongqing, named "No. 1 Hilltop Road".

Zhang Songqiao (right), a wealthy businessman known as "Chongqing Li Ka-shing", currently holds 1 Peak Road. (Profile picture)

01Exclusive report on the secret sale of six luxury houses in Shoushan Village Road, Southern District

"Hong Kong 01" reported exclusively today (30th) that the six super-bungalows at 37 Shoushan Village Road in the Southern District, now the dormitory of the Consulate General in Hong Kong, held by the U.S. government for more than 72 years, have recently started secret bidding for sale, with a market value 10 billion Hong Kong dollars.

The reporter obtained the bid of the valuable property, and pointed out that the property will be sold in the form of "current status" and after-sales leaseback. In addition, the date of closing bid lists "to be confirmed" (to be confirmed). According to the Land Registry, the current owner of the land is "The United State of America" ​​(United States of America), which was purchased by the United States in 1948 for 315,000 yuan. The site was originally built with six bungalows, which were originally used as the staff quarters of the US General Embassy in Hong Kong.

▼ U.S. Government sells tenders for Hong Kong hilltop properties ▼

+2

▼ The controversy between the parties of the Hong Kong version of the National Security Law Legislation continues ▼

+9

+8

+7

[01 Exclusive] News: U.S. government secretly sells consulate houses over 10 billion yuan

[01 Exclusive] U.S. Secretly Sells Tenders for Consulate in Hong Kong

Hong Kong version of National Security Act Trump 01 Exclusive

Source: hk1

All news articles on 2020-05-31

You may like

Trends 24h

News/Politics 2024-03-27T16:45:54.081Z
News/Politics 2024-03-28T06:04:53.137Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.