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Chapter 159 Land Auction(1/2)

Actually, anyone can do it.

As long as it is a dog-bound object, who will give it to?

Don't force it!

Whoever wants it, Chen Yuan can invest 10 billion more in the future!

It doesn’t matter if you don’t know how to do business, it doesn’t matter if you lose money.

If 10 billion is not enough, then add another 100 billion.

With the goal of making profits, Chen Yuan hopes that they can lose money.

You can only spend more money if you lose money, right?

The auction continues.

These bankrupt enterprises are involved in the five-color industries.

Chen Yuan did not participate in the auction later.

It's enough to have a big cat TV. The main reason is that the company has not even given it out, so it bought the next company.

Chen Yuan doesn’t know who to give it to?

You have to eat rice one by one, and you have to give it one by one, right?

Let’s solve Big Cat TV first!

"Everyone, this charity auction has been going on for almost two hours today. The auction below is the last item. I believe that many of you here came for it.

That's right, the last item auctioned today was a piece of land.

This land is located in Seoul 9th ​​Road, Guanggu, Seoul, with a total area of ​​about 260 acres, with a starting price of one billion yuan, and the auction starts now!"

The auctioneer's voice fell.

The video app on the booth begins to introduce in detail the location of this land, the surrounding foundation prices, and the subway development route planned by the municipal government!

The No. 9 Metro Line is expected to be opened within two or three years.

The Line 9 subway will pass through this land.

It will be connected to Metro Line 2 at that time.

This land on Optics Valley 9th Road is not far from the commercial heart of Seoul Optics Valley.

If the subway is opened, you can go directly to the business heart through the subway line.

Although this land is not large.

But the value is definitely more than one billion!

It will definitely appreciate in the future.

If developed into a high-end residential community.

Absolutely profitable and not lose money!

One billion is just a starting price. Chen Yuan estimated that if you really want to acquire this land, you will need at least more than two billion.

The Zhang family, Han family, and many real estate developers in Seoul have begun to get ready to go.

"One.5 billion!"

The first time the boss of the Han family made a bid, he directly increased by 500 million.

Chen Yuan was a little surprised.

Isn't this guy so generous before?

The Xiao family married his daughter, married the Han family, and sold 20% of the shares of Yuanhang Group, and he was only willing to offer 100 million yuan.

Now, in order to get a piece of land, I'm shouting 1.5 billion.

Can the Han family really take out so much money at once?

Or will the Han family’s capital chain not be broken after taking out this money?

Of course, what Chen Yuan didn't know was.

There are actually many ways to operate real estate business.

As long as you can eat this piece of land and sell the land with the land, you can find a mortgage loan from the bank.

Meanwhile, during real estate development.

Commercial properties will be pre-sale in advance.

In other words, the house has already started to be sold before the plate has been built!

The pre-sale price is generally lower than the normal housing price, and there will be many discount activities to quickly recover funds.

They will use the funds they have recovered to build a property!

Some real estate developers will contract out the project.

Large real estate developers have their own construction teams, and also operate the building materials market and interior decoration projects, providing one-stop services.

In the 1990s, some real estate developers could use commercial loopholes to make money.

They first pretended to be rich people, so they looked for a bank loan, then used the bank loan to buy the land, used the land to sell the contract, and borrowed more money from another bank.

Then he fooled the construction team and building materials merchants to build up the foundation of the property first.

After that, a wave of pre-sales of real estate can be carried out!

Wait until the house is pre-sold and pay off the loan.

Before, back, back.

If you don’t pay a penny, you can make hundreds of millions of dollars!

As long as you can fool it, everything is possible!

However, with the development of the times, the government has become increasingly strict in controlling land sales.

The operation of making money from nothing is no longer realistic.

However, there is still a lot of room for operation on how to recover funds.

Some business wizards.

I have almost reached a state of superb level of capital operation.

He can spend 100 million as one billion.

Then I made one billion, and used the same capital operation method to quickly accumulate assets.

In just over a decade, you can create tens of billions or even hundreds of billions of dollars in wealth!

Of course, some people used to make a fuss to make money by themselves and they leaped from being a liar who fooled people into truly successful people.

Some people also become fraudsters when they are playing, and they are scammers and enjoy the jail!

Chen Yuan doesn’t have so many fun places.

I don't know much about how capital operates.

In short, there are many people competing for this land.

Before I knew it, I had already bid for 3 billion.

Chen Yuan wanted to take action.

But he is not eligible for auction.

During the land auction process, companies participating in the auction need to apply in advance.

And there are regulations.

1. Bidders must receive the relevant auction pieces;

2. When bidders participate in auction bidding, they should apply to the city’s real estate transaction center and pay a certain amount of deposit to recognize the qualifications;

3. Qualified bidders go to the city real estate trading center to receive bidding signs and so on before the auction!

Chen Yuan did not prepare in advance.

No relevant documents were received either.

So the last land auction has nothing to do with him!

Those who are eligible for auction are all formal real estate developers who have passed the qualification certification in Seoul!

In the end, this land was successfully purchased by Longjiang Real Estate for 3.2 billion Chinese coins.

The auctioneer made the final decision.

Many people were talking about it.

"This land was sold at a price of 3.2 billion yuan, and I feel it's a bit high!"

"Indeed, even if the subsequent real estate development is developed, the profit will not exceed one billion. And if such a large amount of funds is spent, it will be a huge loss for Longjiang Real Estate.
To be continued...
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