The land acquired at the end of the year before last was priced at a high price of more than 200 million.
With the current land prices in the Mainland, Su Yehao was agitated and did not dare to show his interest. He pretended to be disapproving and asked: "Oh? My dad did mention that the development of the Shanghai stock market is not bad. The land your company shot
Where is the block and how big is the planned area?”
"The new district on the other side of the city is only separated from the Shanghai Beach by a river. It is planned to be a core business district in the future, and the tallest building in the mainland is being built. Our land is only separated from the 400-meter-high building by a river.
At the intersection, it is planned to build a fifty-two-story office building with a construction area of about 130,000 square meters. When converted into square feet in Hong Kong City, that is..."
Seeing Pei Xinyao's husband preparing to convert, Su Yehao planned to say: "No, I know how much square meters are and what is the planned height?"
"Two hundred and sixty meters, the floor height is very comfortable. It's a pity that the company can't spend that much money to build a building for the time being. In fact, we are very optimistic about the development prospects of this land, and not long after we acquired the land, we have strict requirements on the start time of construction.
It stipulates how long it will not be developed before it can be reclaimed for free. There is no mandatory requirement when we acquire the land, and the time for starting construction is relaxed to six years, which means that construction can start after the millennium."
The speaker was Pei Xinyao. This woman had clear thoughts and seemed to belong to the type of smart woman who is a good wife. She was by no means just a flower vase.
Su Yehao has already guessed that the so-called new area refers to Pudong, which is only one intersection away from Jin Mao Tower. It is naturally Lujiazui, the representative of the future skyline of the mainland, and every inch of land is truly precious.
Thinking that if he was really optimistic about the development prospects, he would not promote it. This thought flashed through Su Yehao's head and was not expressed.
Compared with the luxury land on Tai Long Bay Road, in his eyes, the land in Lujiazui is undoubtedly much more cost-effective and has more room for appreciation.
My heart felt hot for a while, but after careful consideration, I gradually calmed down.
Su Yehao said: "There is quite a lot of land in the new district. In addition, old buildings are being renovated in the city, and there is no shortage of land for building buildings. Recently, no one is optimistic about the real estate industry in the next few years. Prices are still falling. In the Mainland,
House prices have also begun to fall.”
Pei Xinyao’s husband explained:
"When land prices have not yet risen, we acquire the land. It is very cheap per square meter and is suitable for keeping to collect rent. Our offer is not high, only 250 million Hong Kong dollars. Including the cost of holding it until now, it is equal to
It's just a capital-guaranteed transfer. If you participate in the auction to get the land, it will be at least 30 million more expensive than this price."
An office building site in Lujiazui has a planned construction area of 130,000 square meters, but only costs over RMB 200 million.
The market situation is like this. No wonder later generations often hear that some real estate developers have made huge profits by speculating in real estate. After holding it for more than ten years, they can easily make ten times the profit.
Of course Su Yehao knows that the location of this land is excellent, but what he said is that there is no shortage of land is also true.
A few years after the Oriental Pearl Tower was built, the solitary Jin Mao Tower had just been topped out. In this era, standing on the Bund and looking across the street, all there is is a large open space.
This means that the couple's land is less scarce and less competitive in the market, so they seize the opportunity to actively sell it.
It is a typical buyer's market, and the advantage lies with Su Yehao.
Su Yehao's money was mainly used to invest in Yahoo to make quick money. As long as nothing unexpected happened, the short-term income would definitely kill the profits from land hoarding.
But a building in Lujiazui made his heart flutter just thinking about it.
Now that I have been exposed to business, I have already understood that sometimes investment does not require paying for it personally. Especially for real estate like this, you can use bank money to make money. It seems that you can make more extra money on the basis of your existing assets.
then.
After a brief struggle, Su Yehao crossed his legs and touched his chin, saying, "If the price is right, this business is not out of the question. Give me a copy of the document first, and I will give you an answer after the evaluation, okay?"
?”
The market is in a period of decline, far from reaching the bottom, and the decline continues.
After selling around for more than half a month, Pei Xinyao met a truly interested potential buyer for the first time.
Last time, I met a businessman, but after three or four contacts, I realized that what he really cared about was her. Not only did he lower the price, but he also had additional "additional conditions."
After all, the family had some money, and it was not a real life-or-death situation, so how could Pei Xinyao agree to it? She was still arrogant.
…
The couple promised to send the documents later, exchanged contact information with each other, and did not disturb Su Yehao again.
They are all people who have been here before. When they see Su Yehao drinking tea with a young beauty, they will naturally think about dating. Talking too much at this time will be annoying.
After they left, Jiang Yu lowered his voice and said, "You are really different now. The boss of the real estate company actually humbles himself in front of you and looks very reserved."
"Really? If you can't find anyone to take over, of course you need to be polite. Even if you feel right, it's just for the sake of my parents. I don't have such a high prestige. In the face of interests, age is not the key."
Su Yehao said calmly.
Jiang Yu then asked him: "Shanghai Beach is so famous. Are you sure you really plan to invest?"
"As long as the mainland's economy can develop, that place has the opportunity to become one of the areas with the highest housing prices, with rents of hundreds of millions a year, and life will be so comfortable. Besides, as you have heard, there is no need to rush to develop it for the time being, until the agreed six years expires.
Before, I probably no longer cared about the money for building a building, and had long withdrawn from the Nasdaq market to cash out."
"...Where does the confidence come from?"
Seeing that Jiang Yu didn't believe it, Su Yehao smiled and said:
"Your vision is not good. Look at Nangong. I bought Yahoo at the bottom with me at the end of October and have made a lot of money now. When choosing a project, you must pay attention to the long-term potential just like finding a boyfriend. Since the mainland's economic development momentum is good, it is also a key project.
For the core sector, as long as the price is right and I can get a loan from a bank, I really want to get that piece of land on the Shanghai stock market."
Jiang Yu grasped the key point and said suspiciously: "Why do you feel that you are selling yourself off, which means you are a potential stock?"
"of course."?
According to Su Yehao's temper, he should have taken the opportunity to flirt with her, but since he couldn't get away after living with Xiao Nizi, he was really powerless, so he could only take one step at a time and wait and see.
If he were to attack under Xiao Nizi's nose, Su Yehao had no confidence that he would be able to hide it smoothly. The main reason was that Jiang Yu wasn't enthusiastic enough and always liked to write his emotions on his face.
Jiang Yu didn't think too much.
She was complaining that she really didn't have a good eye for choosing men, and she fell in love with a playboy, and he was also a narcissistic carrot.
While waiting for Pei Xinyao and his wife to send information, Su Yehao and Jiang Yu played golf. They had been taught in middle school and both knew how to play golf. Their abilities were evenly matched and they were both at the rookie level.
Make a call to the president of the First Quanye Gangcheng Branch.
Su Yehao bluntly said that he hoped that they would help pay for it. He would only pay interest within three years. He could use the land as a mortgage or ask his father to help guarantee it.
The president readily agreed to this seemingly outrageous request and planned to have a chat with Su Yehao in person.
For large customers, Japanese banks will provide customized services, which even include mergers and integrations between enterprises. They are willing to take on large projects involving tens of billions. As long as they make money, they are quite easy to talk to.
Using money to buy land, and with the guarantee from Sihai International, there is almost no risk in the eyes of the president. It is a performance that is delivered to the door on his own initiative, and his tone is called enthusiastic.
Su Yehao replied that the matter has not been determined yet and will be contacted when the time comes.
With the support of the bank, I suddenly felt confident and even considered starting from a bigger start and continuing to expand investment.
Yahoo's stock price rose to fifty-six dollars and fifty cents. Since the end of October, it has made huge profits by bargain hunting. It has already tasted the sweetness of relying on bank funds for development, and it has always been comfortable to be in debt.
Compared with the income so far, the loan interest is nothing to worry about.
Other banks also provide similar services, but the banking industry in Japan is sluggish, and the interest rates are the most favorable, so that Mr. Su is also tempted and is preparing to take out a mortgage loan for the Sihai International Building in Central...