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This post was edited by greendragon at 2012-10-15 11:38|
Mr. Li Ka Shing thinks
"We can make big $ in Central, Western, Southwest China by getting our clan to invest in JOINT VENTURES with small scale builders-real estate companies. There could be 10,000 or more real estate developers in that regions......
A MAIN STREET urban village concept DESIGN.
.....we'll make initial capital back from rebuilding the URBAN VILLAGE <selected by the Provincial Bureaucrats and approved by the local Village popular chief> MAIN STREET, selling Shops, building Industrial-Service units and...
A sewage, electric, water, telco READY housing plot. New homes
can be built depending on approved designs <local government> at cost
between Rmb120,000 <Rmb120 psf> to Rmb300,000 depending on capacity
of new homeowners.
create huge number of PHUA CHU KANG like CONSTRUCTION CONTRACTORS - likely to be in region of 100,000 contractors to build NEW MODERN HOMES <with the new provincial construction standards> as VILLAGERS can afford it <either returning MIGRANT WORKERS with their Rmb200,000 to Rmb1,000,000 savings or FARMERS, new SHOPKEEPERS, new FACTORY-SERVICE entrepreuners>. They just purchase LAND PLOTS for Rmb20,000 or so, and rebuild when they can afford to build <either 100% cash or term loans from the Agricultural bank>.
URBAN VILLAGE concept will drive China's growth in the RURAL REGION.
Up to 25% of CHINA'S population will be RURAL.
Some of the 220 million migrant population will return to the URBAN VILLAGE and the rest will bring their children, grandparents, sibling to the new URBAN CENTRES <SUPERCENTRES & CITIES>.