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The Amazing Son-in-Law [The Charismatic Charlie Wade] (Chinese name) Chapter: 4533

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  3. The Amazing Son-in-Law [The Charismatic Charlie Wade] (Chinese name) Chapter: 4533
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Lau Ka Fai owns two office buildings in Central, and their total value has now surpassed 20 billion Hong Kong dollars. These buildings make up the largest part of Lau Ka Fai’s wealth.

However, Lau Ka Fai is not the top player in Central. That title belongs to the Li family, who have stepped back from Hong Kong Island. Their Central Centre is valued at nearly 40 billion Hong Kong dollars.

As they arrived in Central, Liu Jiahui proudly introduced it to Charlie Wade by saying, “Mr. Ye, welcome to Central, the financial hub of Hong Kong Island. It’s been a while since you’ve been here, so you might not know much about it. This is truly prime real estate.”

He continued with a smile, “Mr. Ye, the rent for Grade A office buildings here is among the highest in the world. It’s 60% more expensive than famous Manhattan in New York. Only Fortune 500 companies can afford to have their offices here.”

Charlie Wade asked with curiosity, “Mr. Liu, do you have a business here?”

“Absolutely,” Lau Ka Fai replied with a smile. “To be honest, Mr. Ye, real estate prices on Hong Kong Island are sky-high. In Central, the cost of a top office building ranges from 20,000 to 30,000 Hong Kong dollars per square foot. If you convert that to square meters, it comes out to over 300,000 Hong Kong dollars per square meter.”

As he spoke, Liu Jiahui pointed to a building nearby and added, “Just earlier this year, a unit of 260 square meters in that building sold for 120 million Hong Kong dollars.”

Charlie Wade smiled and replied, “It’s impressive that 260 square meters can sell for such a high price. Then…”

Mr. Liu’s business must be worth over 10 billion Hong Kong dollars by now, right?” Lau Ka Fai smiled and replied, “The two office buildings I own are worth about 24 billion Hong Kong dollars.”

Charlie Wade asked, “By the way, how much did Mr. Liu pay for the snack street for Miss Manqiong?”

Liu Jiahui chuckled and said, “Mr. Ye, that snack street was a fantastic investment. Over ten years ago, I bought the whole street for 158 million Hong Kong dollars. Now, just the land is worth at least 3 billion!”

Then, Liu Jiahui leaned closer to Charlie Wade and said, “The owner of Yateng Assets is interested in that street. He wants to tear it down and build a commercial center. If I partner with him, he’ll invest 15 billion Hong Kong dollars for the project. I plan to use the land to buy shares, which would give me 30% of the ownership. I’m currently negotiating to use the land as a 5 billion Hong Kong dollar investment, and then I’ll invest an additional 2.6 billion. This way, I can secure 51% of the shares and become the major shareholder.”

Liu Jiahui looked at Charlie Wade seriously and added, “If you’re interested in this project, I can offer you some shares at a low price, and we can all profit together.”

Charlie Wade inquired, “But there’s a road in the middle, right? How will you build a commercial center there?”

Liu Jiahui smiled and explained, “Actually, everything is in motion. The road is very narrow, and almost all the stalls are crowded at night, making it almost useless as a thoroughfare. I’ve spoken with the planning department. We just need to commit 1 billion Hong Kong dollars to demolish and rebuild a new municipal road on the south side of the snack street area, and then…”

A commercial center is being built, and it will have an underground pedestrian passage on the ground floor, with escalators at both ends. This plan should receive approval.

After sharing this idea, Liu Jiahui continued, “I will also invest in a municipal road and create a pedestrian passage. If I spend a bit more, I can connect an underground passage from the basement of the commercial center to the nearby subway station. This will make the commercial center very accessible, and its potential is huge!”

Charlie Wade frowned slightly and replied, “This street seems very important to Miss Manqiong. If it’s redeveloped, she might find it hard to accept.”

Liu Jiahui looked surprised for a moment, then smiled and said, “I’ve worked with many women, so I understand them better than most men. Women tend to be more emotional, which can be a weakness. That’s why most of the wealthiest people in the world are men. Men are often more rational and willing to take risks to make money.”

Hearing this, Charlie felt more disgust for Liu Jiahui and said, “For Miss Manqiong, this place holds deep meaning for her. It doesn’t seem right to tear it down just for profit.”

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