Mr. Su's investment in two cultural tourism cities was not to earn hundreds of millions or billions of "small money." He was betting that after the mainland's real estate marketization, housing prices would rise sharply.
Therefore, the development progress in Pengcheng is slow and leisurely, and there is no rush at all.
The one outside Guangzhou is slower. It has just begun to lay the foundation. It is also planned to start with shopping malls, then build greenery, parks, schools, etc., and finally build residential buildings for sale.
The reason for doing this is quite simple.
First, housing prices are not high in the short term, so we are holding on to land and waiting for appreciation.
Second, after the environment and surrounding facilities are improved, the house can be sold at a higher price.
According to Mr. Su's idea, he will build it as a wealthy area in the future. The living environment in the urban area is average, with too many dilapidated old houses, and his cultural and tourism city is equivalent to an independent town, and it is far away from The urban area is not far away and will integrate offices, commerce, schools and medical care in the future.
If the price doesn't go up, it would be a shame to invest such a high amount of money.
In addition, it is also because Su Yehao has turned the business around, and he has no worries at all. He does not have to rush back to replenish funds. It is illegal to hold the land without construction. He has such a large piece of land, and the development cycle is longer, which is reasonable and reasonable.
After the shopping malls and office buildings are built, they can be mortgaged to banks for further loans, and then try to get land elsewhere.
This is the reasonable way to play with real estate.
When the US$300 million supported by Su Yehao arrives, the Su family has invested as much as five or six billion yuan in the mainland real estate industry.
Such a huge amount of start-up capital, if it does not leverage real estate worth 20 to 30 billion, is simply a waste of opportunities to use bank resources to make money. Considering that there is a high probability of making a fortune this year, investing in the Internet in the next few years The yield rate has dropped sharply, and Su Yehao does have the idea of increasing investment in the mainland.
After all, as an outsider, the risk of going to the United States to grab dividends is a bit high, and you cannot put all your eggs in the same basket.
Once you have a certain amount of money, your priority is often not getting richer, but how to be safer. Moreover, after coming to the mainland to increase your reputation and manage your network resources, you can choose high-yield projects in the future, which is not necessarily better than continuing. You can earn less by investing in Silicon Valley.
The competition in Silicon Valley is too fierce, but Su Yehao has an absolute advantage in the mainland's Internet, real estate and other markets.
Therefore, this time I came to Pengcheng to inspect the market.
I didn’t have much money in hand before, but this year I expect to reduce my holdings and cash out. I can already take a look around and look for targets to start with...
The Spring Festival has not yet arrived, but the streets are already feeling a bit like the New Year.
The roadside stalls were selling Spring Festival couplets and lanterns, and it was very lively with people coming and going.
Su Yehao has been coming to Pengcheng frequently in the past two years. He didn't feel much about it. He only found that many old houses were demolished and the city became more beautiful. The management began to keep up and was tightly organized. The urban management was chasing the vendors.
It's not his illusion that order on the street has improved. Since Pengcheng launched its first "comprehensive law enforcement model" last year, many vendors who came here have suffered.
It is originally a new city that developed with the reform and opening up. The planning is relatively reasonable, the buildings are relatively beautiful, and the renovation and demolition work is not that difficult. Most of them are immigrants who have poured in in the past twenty years, and their incomes are relatively high.
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When it comes to modernization, it seems to be a little further ahead than Sijiu City, with construction teams everywhere.
Sitting in the Mercedes-Benz, Su Yehao felt the vibrant vitality, but it was difficult to empathize with it.
This may be because he is worth more than the richest man in the Mainland. There is no need to worry about work or starting a business. Most of the time, it is enough to be comfortable and enjoy yourself. You know what the future will be like, so there is no need to yearn for it.
Opening the window and smoking a cigar, Father Su remembered something and turned around and asked: "By the way, son, you have acquired a piece of land in the High-tech Zone, right. When do you plan to start building it? Last time I came over for dinner, I heard someone mention it.
But, with the few people in your company, why would you buy such a big piece of land?"
"It's not that big. It's only about 40 acres of land. You can just build a few buildings and it will be gone."
Su Yehao choked on the smell of cigarette smoke. Thinking that he was really his own son, he didn't feel bad at all. He also opened the window for ventilation and continued:
"There is no one in the high-tech zone now. They took advantage of the discounts and took the initiative to attract investment and found me, so I took it first. It won't be used recently, but it may not be enough next year. When it is built next year, my tat will be instant
Chat software and tot search engines can all be moved in. High-speed broadband is being built here. Internet access will be very convenient in the future, and the number of Internet users will definitely grow explosively. The key is that it is very cheap, but it is a pity that the staff size is not enough, so there is no way to get more."
"How cheap?"
"Six hundred thousand an acre of land, if the investment scale reaches a certain amount, some of it will be refunded to me, which is almost like giving it away for free." Su Yehao smiled after saying that. At present, there is a lot of investment promotion, and the location of Nanshan High-tech Zone is not bad.
Once an office building is built, it will become a high-quality asset in the future, and the land price will be quite valuable.
After hearing these words, Father Su was a little sour and said speechlessly: "My investment scale is not bad, why don't you refund me the money you paid for the land."
"As long as the investment scale is in place, everything can be negotiated. If you come and invest 20 to 30 billion yuan, maybe they won't charge you for the land."
Su Yehao continued:
"You are in the real estate business, and I am in high-tech entrepreneurship. How can we compare? The most important thing here is industrial upgrading. Workers in the garment factory produce hundreds of millions of clothes, but they can only exchange for a large aircraft, and the follow-up maintenance is still difficult.
It all costs money, and there is no shortage of labor-intensive industries now. It is reasonable and reasonable to give me a discount, and I promise to invest at least 1.5 billion yuan in high-tech industries in the next five years, and the money to build the headquarters is not included."
Last few years.
Labor-intensive companies from all over the world, especially those in hard-hit Southeast Asia, are flocking to the mainland for development.
As early as 1996, Nanshan High-tech Zone was established and began to focus on technology industries with higher added value.
As a person from a gambling city, he also made a name for himself in the United States. As a shareholder of Yahoo, one of the world's largest Internet companies, and he also came to Pengcheng to invest in several companies, it's strange that the locals don't pay attention to Su Yehao.
After the Forbes rich list was announced last year, Pengcheng helped Su Yehao fill up various "skill points", including giving people, land, discounts, and support.
As long as he is willing to come and invest, many things can be easily discussed. For example, the land in the High-tech Zone did not bother him from beginning to end.
In fact, judging from the current scale of the company, Su Yehao is far from getting more than 40 acres of land. However, considering the existence of Sihai International, he probably feels that the land is too much, and he can get more money to invest in construction and promote economic development.
So he made more points at that time and agreed without saying a word.
His piece of land is relatively close to Shahe Golf Club, not far from Sihai International Culture and Tourism City, and will be next to a subway station in the future.
There are advantages to entering early. You can choose any location. Of course, Su Yehao chose the best one.
After listening to this, Mr. Su shook his head and said with a smile: "I have invested 1.5 billion yuan in five years. No wonder the land price is so low. I can't lose much by buying the land. Anyway, there is a good piece of land. If you lose, you will really lose."
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Su Yehao didn't care and said casually: "It's fine if it's not a loss, no big deal..."