Shangjia main luxury yet to be listed Four Pacific Army Wu Shiyuan: push two projects next year

Bet King Wong Sai, SJM (00880) Leung Chia-chi, an executive director who loves to invest in real estate, is well-known for his achievements. In early 2015, his property was placed under the management of the newly formed Shang Jia Holdings and more successfully he joined the ranks of developers. The Group has been established for about 3 years and the real estate investment in Hong Kong and beyond has exceeded 10 billion yuan. In the future, the Group plans to expand into the luxury property market mainly in the future.

Wu Jiayuan, executive director and chief executive officer of Shang Jia Holdings, said in an interview with Shangri-La that since Shang Jia Holdings was founded, with its specialization and enterprise development direction, Shang Jia Holdings Limited will “manage well and benefit first” For example, the first residential real estate project in Wan Chai to be hired by the Group for hiring other companies is convinced that there are more suitable and experienced property management companies in the market which are better managed by their own companies.

Push the floor so that buyers feel the skin

Wu Shiyuan continued that the Group will develop in a step-by-step manner and there will be no listing plan yet, but it will move in this direction.

Shang Jia Holdings was established only about 3 years, has won two government land sales of residential land, including in August 2015 to 548 million yuan Yuen Long Ngau Tam Mei luxury land; August 2016, the next city to about 1.401 billion Won Tuen Mun Qing Xia residential land. Wu Shi Yuan’s best-known gold phrase is “Feel the Market with Skin”. He said he likes to come to the forefront of market access and at the same time understand the problems encountered by his colleagues. The two residential projects are expected to be launched in 2019 in the form of on- Home can also “skin” feel the floor and the group with high quality to create the advantage.

Regarding whether it plans to bid for a larger residential project in the future, Mr Szeto admitted frankly that as there are fewer than 20 Hong Kong company employees in the Group and only about 30 in the Mainland, “I do not think we should wear a large top hat!” For over a thousand It is believed that more consortia will be better suited to Shang Jia. Therefore, the main project for the development of luxury mansions in the future is expected to achieve the concept of “people with me”.

The establishment of 3 years of investment over 10 billion

Although it has only been established for about 3 years, Shang Jia Holdings Limited has a solid foundation under the four painstaking efforts. In addition to the main investment luxury project in Hong Kong, Shang Jia holds Shangjia Center in Shanghai. In September last year, it invested about 2.7 billion yuan in London Aldwych House, a historic building in the city center for long-term investments.

Wu Shiyuan revealed that the Group has been looking for development projects in the UK for some time. As the time is ripe, it will eventually be able to purchase the entire leased-out property. It emphasizes that it is not necessary to divert funds to other areas because the mainland consortium seizes land in Hong Kong at high prices. In the past three years, Shangjia has spent more than 10 billion yuan in the acquisition of development projects in Hong Kong and overseas. It also owns a number of rental-related properties, including Central Entertainment Agency, 88 Hing Fat Street, Causeway Bay and Shanghai Shangjia Center, With more than 400 projects, other investment and development projects will still be identified in Hong Kong and the Mainland in the future.