"If we sell at this price, the profit can reach about 40%..."
The person in charge's words made Zhang Fan take a breath of cold air. A profit rate of 40% is definitely a very high number for the real estate industry.
We all know that real estate is extremely profitable, but few can achieve a profit margin of more than 20%. Only some extremely good projects can achieve 20%.
Don’t underestimate this profit margin, but you must know that the scale of real estate projects is very large. Some projects require investments of billions or tens of billions.
If you invest 10 billion, if it is 20%, you can get a profit of 2 billion. Because the overall scale of real estate is large, the profit is also high.
You must know that in the future city project, Longteng Group has announced that it will invest US$500 billion to build a real future city.
Other real estate projects all develop a community. Longteng Group directly develops a city.
Commercial areas, tourist destinations, hotel clusters, private residential areas, industrial areas, CDB, etc.
The entire Longteng Future City industrial park covers an area equivalent to three Singaporeans. This scale is unprecedented, and Zhang Fan's ambition is to build a city belonging to the Longteng Group here.
In residential areas alone, the construction area reaches 36 million square meters, and it is expected that more than one million people will live here in the future.
This is no longer a community, this is a city. A city that belongs to the residents here. This city belongs to the residents here.
People from outside need to go through a series of levels to come here. The entire residential area is separate, and you need a pass to go home and so on.
Strict management makes this place very safe. The residential density is not too high. You must know that the entire residential area is equivalent to half of Singapore.
But the population is only one-fifth that of Singapore, and it is all residential areas with no other facilities.
At the same time, a three-dimensional living plan is adopted, and there are no vehicles on the ground. The ground of the entire community is a huge park.
The various green areas are beautiful and the environment is beautiful. There are also many various recreational facilities.
36 million square meters, which does not include the area of serviced apartments. It is only the construction area of private residential areas.
According to the current price, the average price of the area here is around 30,000. This price already includes everything.
After all, there is a lot of public space here, 36 million yuan, with an average price of 30,000 yuan per square meter. If they are all sold, the total value of this project will be as high as 1.08 trillion yuan.
If the profit is 40%, the profit of the entire residential area will reach 432 billion yuan. According to the current exchange rate, it will be as high as 63 billion U.S. dollars when converted into U.S. dollars.
This is not just residential areas, there are also commercial areas, hotel apartments, tourist destinations, etc. If these projects are included, the total profit will exceed 100 billion US dollars.
Zhang Fan couldn't help but swallow his saliva after reading the report. No wonder they all like to play real estate. Although the investment is large, the profit is really huge.
In addition to this kind of profit, Longteng Group's future profits will be even longer. After the construction here is completed in the future, the permanent population will reach millions.
Longteng Group is responsible for all the food, clothing, housing and transportation of these millions of people. Just from these people, Longteng Group can make a lot of money every year.
"Director Zhang, the sales target of Future City is mainly targeted at the rich and middle class in China, as well as the Chinese in Malaysia and Singapore. This price is completely acceptable. After all, our project is still very attractive...
…”
The person in charge's words made Zhang Fan nod. The whole project is still very attractive, especially to the rich and middle class in ancient China.
Freehold property, beautiful environment, especially suitable for elderly care. Medical education is very advanced, especially in education.
Longteng International School will be built there, and some famous schools will also be introduced. In the future, the branch of Zhang Fan University will also be built there.
These conditions are very attractive to domestic consumers. Coupled with the convenient second home program, buying a house here is much more cost-effective than buying a house in China.
Besides, the entire city is managed by the Longteng Group, and they also trust the Longteng Group. Especially for elderly people, this place is indeed very suitable for retirement.
The transportation is also very convenient. You can get to the airport very quickly after leaving the residential area. There are many domestic flights every day.
There are also some flights that are small private jets. These flights are similar to buses, are not expensive, and only take two or three hours to fly to the country.
For people in Malaysia, this is a gathering place for Chinese people. It is also a gathering place for wealthy people. Their property is safer here and it is more convenient to do business.
For people in Singapore, this place is very close to Singapore. The nearest place is only two or three kilometers away.
Compared to crowded Singapore, they can definitely live here. At the same time, prices here are cheaper than in Singapore, and the living environment is better than in Singapore.
Combining these three groups of people, Longteng Group is still very confident in selling the house.
After reading the report, he looked at the entire sand table. Zhang Fan nodded with satisfaction. This project is also crucial to Longteng Group.
This project is not only a city, but also the headquarters of Longteng Group in ASEAN.
In the future, Longteng Group's products will start from here and compete in the entire ASEAN, which is crucial for Longteng Group to expand the ASEAN market.
"Now that everything is ready, let's start publicity and start pre-sales."
Zhang Fan's words made the person in charge nod. Now that the entire project has officially started construction, the pre-sale mode will also be launched.
"Longteng Future City will give you a home belonging to the future..."
On the Internet, the advertising of Longteng Future City has officially started. Especially in China, the advertising of Putian is all over the Internet.
You can see it when you enter Alipay. You can see it when you shop at Longteng Mall. You can see it when you browse the web. You can see it when chatting on QQ...
At the same time, Zhang Fan also posted an advertisement on his Weibo. As soon as there were dozens of advertisements, the publicity came all of a sudden.
Many people were attracted by the advertisement. After clicking in, there is a detailed introduction. There is also a video animation.
"I'll go, Future City is so awesome..."
"This is so beautiful. It's so comfortable to live here..."
"The climate here is better than that in Sanya. It should be very comfortable to live here..."
"Price comparison is suitable for retirement..."
"Buy an apartment and live there for a few months every year..."
"The price is so expensive..."
"It's okay. Is it the area inside the apartment, the free parking space, or the fine decoration, it's okay..."
Longteng Future City has launched pre-sales, which caused an uproar in the country.