Jiang Yu took Nangong Tian to get the doll, while Su Yehao accompanied Master Jiang to the office.
I have been working hard on the project for more than half a year, and I saw the money back today.
Master Jiang was in high spirits and said at this time:
"It is difficult to do real estate business abroad. The average profit of developers is less than 5%. The net profit in the mainland is at least more than 15%. The premise is that you must be able to sell the house as soon as possible. People who have money to buy houses are still too
"I heard that there are hundreds of millions of square meters of housing stock across the country, and swarms of swarms are rushing in."
"Hundreds of millions of square meters are nothing. It is spread equally to everyone, and it is less than 0.1 square meters. High-quality locations in core cities are treasures no matter what. The land acquired in the past few years was cheap. The so-called 15% net profit is
It refers to the income that can withstand the audit. Many people buy houses with cash, so it is difficult to say this part. Anyway, the profits of many companies should be higher than they appear on the surface."
Su Yehao has been paying attention to the mainland real estate market for several years. He also owns a lot of land and is familiar with the twists and turns.
In 1997 or 1998, many land auction prices were only a few hundred or even a thousand dollars.
Even if a frame-shear-strength structure is used, the construction cost is relatively high. Based on an average of 800 yuan per square meter, based on today's average property price in Pengcheng, one can earn two or three times that amount.
In the past few years, there have been three to four thousand real estate companies in Pengcheng. It's not just because this industry is so profitable. Even the latecomers can make a profit by building houses honestly and selling one house on average.
A net profit of tens of thousands of dollars.
A real estate project can often have hundreds of houses, which means tens of millions or even hundreds of millions of net profits.
Su Yehao looked down upon the hard-earned money, but for other businessmen, it was already an excellent investment project.
But as the saying goes, "There's a gas station on the left, there's a gas station on the right." Too many real estate developers entered the market in a short period of time, and the demand for home purchases has not yet increased, resulting in a temporarily excessive supply of housing.
He just finished speaking.
Master Jiang asked with interest:
"Next door to the Sihai International Cultural Tourism City, isn't it a huge profit this time? When we allocated a piece of land directly to your father, the land cost per square meter was simply a bargain. How many houses can be built on such a large piece of residential land in the future?
If we continue to speculate in the land in our hands, it is estimated that it will rise in the future."
"Hey? You can't say that, Uncle Jiang. There are already too many houses on the market to be digested. If my family is launching a large number of houses now, won't it add chaos to the higher ups and affect the stability of the real estate market?"
With a smile on his face, Su Yehao continued to speak:
"So, my family should not cause more trouble in the past few years. Let's complete the commercial real estate project and villa project first. The second phase of the project here can also wait, and the surrounding development speed is expected to be very fast."
Master Jiang nodded, how could he not tell that this precious son-in-law was looking for a reason to hoard land, and said with a smile:
"I originally didn't plan to develop the second phase as soon as possible. I have to wait until the subway is connected. Another property will also be available for pre-sale at the end of the year. The recent land auction prices are high and the location of the released land is not very good. I am in the process of negotiating with other
The company is negotiating to transfer and try to get two more pieces of land. How about your Thousand Cores City?"
"It's not that good. It will probably be very good in the future, but now it still needs time to accumulate popularity. With the situation here, Uncle Jiang, it is not suitable to spend too much money on it..."
The seeds were sown a few years ago and have begun to bear fruit.
For example, the large piece of land in Pengcheng Cultural Tourism City is simply the envy of colleagues.
The value of the land alone has made the Su family a lot of money. If it is sold as a whole package, even if it sells for 10 billion Hong Kong dollars, there may be large real estate developers willing to take over. Some European, American, Japanese, and Southeast Asian investment companies have indeed taken the initiative to inquire about the price.
.
Up to now, the total investment in Pengcheng Cultural Tourism City, including land acquisition, is only over 2 billion yuan. Most of the funds are borrowed from banks, which can be called a bloody profit.
In the early years when he led a joint venture in Hong Kong City, except for Zhao Yimeng's family and Uncle Qiu's family, no one wanted to talk to Father Su. After a few years, the situation has changed, and the value of the cultural tourism city has soared.
The development of Guangzhou Cultural Tourism City is a little slower than that of Pengcheng Cultural Tourism City, but the land value has also doubled and increased.
When the Su family acquired the land, local auctions had just been used as a pilot project and had not yet been promoted on a large scale.
Su Yehao wasted no time and took advantage of the opportunity in the name of cultural tourism projects. Now it is almost impossible to acquire such a large area of high-quality land in the core areas of big cities. It would be about the same if it were replaced by some small suburban towns.
There is nothing wrong with saying that they are out-of-print and rare items. If they can be kept in hand for more than ten years, the profit can easily exceed 100 billion Hong Kong dollars.
To ask how long the land can be held down, the key is not actually the project itself, but mainly how much benefit the Su family can create in the future, such as a hundred chain shopping malls, Su Yehao's wafer foundry, and high technologies such as the Internet.
The achievements made in the field are enough to make people forget that the Su family still has undeveloped land.
In other words, he was almost overwhelmed by the Su family's investment.
There are more than a dozen investment projects with a scale of more than one billion yuan, and there are five projects with a scale of more than 10 billion yuan, namely Qianxin City, Qianxin International, Sihai International, KOKO Venture Capital Pengcheng Branch, and SSSSS Asset Management
.
Not only that, projects such as Yellow Diamond Computers, Black Diamond Mobile Phones, and Midland Group Factories have also brought considerable economic benefits. The key to why Pengcheng has topped the country in investment promotion for two consecutive years, surpassing the Shanghai stock market, is that Shanghai
The city is missing Su Yehao.
Under such circumstances, who will manage the development progress of the Cultural Tourism City?
What's more, it's not that construction hasn't started, it's just that the manpower and funds are insufficient, and the construction speed is a bit slow...
There are too many people in the sales office.
Su Yehao said hello to Master Jiang and took Nangong Tian and Jiang Yu away first.
After getting in the car, Jiang Yu said happily: "It turns out that the local manufacturers are so happy. The contracts are tens or even millions. With Ah Hao, you can help promote the platform. I won't have to worry about sales. If I had known, what kind of girl group would they call me?"
Just bring it."
"It's a trivial matter in the first place, but you still want to hide it from me."
Nangong Tian smiled helpfully and said: "I'm afraid you're worried. As long as the sales are good, Jiang Yu made a lot of money today. Let's go to the shopping mall of Cultural Tourism City to have a meal and watch a movie by the way. It's just like inspecting our cinema.
.”
Jiang Yu also said:
"From getting the land to construction, I have been asking you, Ahao, for help. I can't rely on you even for the sales process. My parents have been busy for more than half a year and are really working hard to run this new business."
"It's not really a trouble. I just said hello. It's a trivial matter. You're just being polite to me."
Su Yehao changed the topic: "There are more than a hundred houses, and the price is still so expensive. At least I want to make 20 million yuan. How about eating coconut chicken hot pot at night?"
Jiang Yu was speechless and told him, "Even if I don't sell the property, how can I lack the money for a meal of coconut chicken? I'll go try my godmother's new restaurant today and eat hot pot on a hot day."
With a surprised expression, Nangong Tian asked, "Hey, isn't your godmother the second aunt of Uncle Hai's family?"