Chapter 309 Winning the First Prize
“2.85 billion.” Zhang Li raised the bidding sign in his hand again.
This time he brought all the money from the group in order to successfully establish himself in the capital. The huge C9 plot of land in front of him was the most suitable target.
As long as we take it down, R&F Group will definitely become famous throughout the entire Forty-Nine Cities.
So, even when faced with China Resources, which has a large family and business, he never thought of backing down.
Wang Mingxiang glanced at the guy in a blue shirt and black suit on the back left, and he heard a sense of determination from the other person's bidding.
It seems like I won’t give up until I take a picture of B9.
But he was not sure whether the other party was really like this or just pretending.
“3 billion, if it exceeds 3 billion, forget it.” Wang Mingxiang thought to himself.
The floor area ratio of 2.7 is basically high-rise and small high-rise. According to the current floor price, it is basically around 2,500.
The auction price of 3 billion has already exceeded this number.
If it is higher, the risk is too great.
After making up my mind, I was about to bid.
Suddenly interrupted by a voice from behind.
“2.86 billion.”
Everyone turned their heads to look.
“It’s him again?!”
Wang Mingxiang said in surprise.
With the previous experience of auctioning C9, Lu Jue was much calmer this time.
Facing the attention of everyone, his expression did not change at all.
"Come again?"
"Who is this Taihua Real Estate? It's not enough to win C9, but now you want the B9 land?"
"Now there's another good show to watch. "...
Everyone was talking about it, and the faces of those who had been eliminated suddenly showed a look of watching the fun.
"Old Zhang, the troublemaker is coming, you have to be careful." Xu Jiayin said with a smile.
"Hmph, I've decided on B9." Zhang Li said coldly.
“This Taihua Real Estate is very mysterious, it’s better not to be careless.” Yang Guoqiang reminded.
Country Garden, one of the Five Tigers in South China, mainly develops land in suburban areas, so the competition with the other four companies is not fierce and the relationship is much better.
Zhang Li nodded, "I want to see if this Taihua is really capable or has evil intentions."
He directly raised the bidding sign in his hand.
"2.9 billion."
"R&F Real Estate offered 2.9 billion Chinese yuan, is there any higher?"
"2.920 billion."
Wang Mingxiang said.
His words have not yet finished.
"3 billion."
The discussion suddenly started.
"What is the origin of this R&F Real Estate? Is it so well-funded?"
"Nanmanzi is rich."
"Crazy, crazy, 3 billion?! The floor price is over 2,500, right? The price of a high-rise building near Guangqumen is ridiculous.”
Wang Mingxiang hesitated for a while and sighed.
This first soil auction in Beijing, I thought it would be like the previous attempts at soil auctions, with only a few applicants. Unexpectedly, more than half of China's top real estate developers came.
The competition is fierce, and new records for local auctions have been set repeatedly.
It is foreseeable that competition in the real estate market will be extremely fierce this year.
Just when everyone was talking about it.
"3 billion 10 million."
Lu Jue raised the bidding sign in his hand again.
“Haha, this shit-stirring stick really didn’t disappoint, it’s here again.”
Zhang Li’s face darkened.
He originally thought that his crazy price increase would knock those two people down.
Unexpectedly, when Huarun went down, the dog-skin plaster was still clinging to him.
“How long can you keep going?”
“3 billion 50 million.”
Facing everyone’s attention, Lu Jue raised the bidding sign in his hand .
“3 billion 60 million.”
Zhang Li calmly raised his sign again.
“3.1 billion.”
“3.11 billion.”
Dry sweat seeped out from his forehead, and heavy pressure weighed on Zhang Li’s heart.
The current floor price has reached 2,700 yuan, and the house price must reach 5,200 yuan to make money. But now in the entire Beijing real estate market, except for a few high-end residential areas in the second ring road, it is impossible to sell at this price.
"3.13 billion."
Lu Jue took a breath and raised the sign again.
“3.14 billion.”
“3.15 billion.” Zhang Lining said.
Lu Jue felt a hint of excitement in his heart. He was keenly aware that the bidding price was approaching the limit of R&F Real Estate.
"3.16 billion."
Zhang Li gritted his teeth and clutched the bidding sign in his hand with so much force that the veins on the back of his hand protruded.
Xu Jiayin looked at him and rolled his eyes.
He understood why Zhang Li spent so much money to win B9.
Become famous in one fell swoop.
Once you have a reputation, people will talk to you when negotiating with the government.
Otherwise who knows who you are?
Recruitment, auction or failure?
It is said that it will come out, but if the policy is not implemented for a day, it means that it has not come out.
The current mainstream method of acquiring land is still negotiation.
Only well-known large groups have the opportunity to acquire land cheaply. If Evergrande wasn't currently lacking in strength, he would also like to have a taste of the B9 plot.
"Lao Zhang, the price is too expensive and not cost-effective, so forget it."
As the saying goes: I hope you live a good life, but you must not live worse than I'm fine.
You R&F have reached the sky in one step, what should I, Evergrande, do?
"Lao Zhang, although the market is better now, you still have to keep some money in your hand and use it all to acquire land. You cannot sell off-plan properties. If there is any trouble, R&F's life will be difficult." Chen Zhuolin He also smiled.
Zhang Li, who was already hesitant, became even more hesitant when he heard what they said.
“Taihua Real Estate is 3.16 billion, is there any higher?”
“3.16 billion once.”
Feeling the excitement of everyone before and after Due to the attention and the persuasive voices around him, Zhang Li, who was already under great pressure, could no longer hold on.
He threw the sign in his hand to the ground, stood up and walked outside.
“3.16 billion, let us congratulate Taihua Real Estate for winning the B9 plot.”
“Wow.”
Warm applause broke out.
After Lu Jue breathed a sigh of relief, he quickly stood up, applauded and smiled at everyone and nodded.
Looking at those scrutinizing eyes, he finally understood what it felt like to become famous all over the world in one fell swoop.
The leader of the country came to the stage.
Smiles all over the face.
He does have reason to be happy.
This auction was an unprecedented success.
The plots of land that were taken out, except for a few exceptions, basically all fetched higher prices than expected.
These are all political achievements.
"We have prepared lunch for everyone in the hotel banquet hall. Welcome all bosses to the restaurant."
Everyone turned around and walked towards the restaurant.
“I don’t know what to call this gentleman?”
Soon someone found Lu Jue.
No one is stupid. The organization that can spend nearly 5 billion Huaxia coins to acquire land definitely has a top-notch background. Of course, we must make friends with such a being.
I wonder if we will be able to work together that day.
——
“Mr. Xu, the auction results are out.”
Lu Hui walked over after hanging up the phone.
Xu Liang put down the book in his hand.
"How much did it cost?"
"The Guomao land parcel cost 1.53 billion Chinese yuan, and the Guangqumen land parcel cost 3.16 billion yuan."
"Neither Cheap.”
Xu Liang smiled.
"Mr. Xu, the current floor prices outside the Fourth Ring Road are generally 1,000 yuan, the third ring road is 1,500 yuan, high-rise buildings are 2,500 yuan, and high-end residential buildings are around 3,000 yuan. According to the floor area ratio and price of the Guomao and Guangqumen plots, we do It’s hard to make money off-plan,” Lu Hui said seriously.
“I know this, but I don’t plan to buy off-plan properties.”
Xu Liang plans to pay the land purchase price in full, and then follow the example of real estate developers in Xiangjiang and build commercial real estate as quickly as possible. After all, the residential real estate is built in phases and takes five or six years to build.
Five or six years later, the house prices near the Third Ring Road in Beijing will be 7,000 to 8,000 yuan, and you will definitely be able to make a lot of money.
"Have you collected all the information I asked you to collect?"
Lu Hui nodded, took out a thick piece of information and placed it in front of Xu Liang.
“These are all unfinished building projects and information in Beijing and Shanghai that you asked me to collect.”
Xu Liang nodded and waved, and Lu Hui turned and left.
Look at the information in your hand.
Xu Liang's face showed anticipation.
Nowadays, unfinished buildings in Beijing, Shanghai and other places are basically located in the core areas of the second and third ring cities, with obvious location advantages. And the price won't be too high.
This is a huge opportunity for him.
And there are several advantages to acquiring unfinished buildings.
First, unfinished buildings have always been a "dead spot" in urban construction. They not only hinder municipal planning, but also affect the city's appearance, and are known as the "cancer" of the city.
The revitalized unfinished buildings can not only help the government solve the difficulties of urban construction, but also create jobs and contribute tax revenue. Therefore, in the process of taking over and selling unfinished buildings, they usually receive a certain degree of policy support from the government.
Second, it is located in the core area of the city and has obvious location advantages.
Thirdly, it takes at least two or three years for a normal real estate project to be developed and put on the market, while many unfinished buildings are already ready-made properties.
In addition to saving on the cost of "land acquisition", taking over an "unfinished building" does not require preliminary work such as construction application and foundation laying, which saves construction costs.
Usually development only takes half a year to a year and a small amount of funds for acquisition and renovation, but the rate of return is considerable.
There are many advantages and disadvantages.
First, property rights are complicated.
Because of debts and several transfers, many unfinished buildings have creditors divided into several or even dozens of companies, and it is easy to fall into property rights disputes.
Second, the land use life of unfinished buildings is constantly shrinking, which invisibly damages the interests of home buyers.
Third, safety hazards.
The most typical example is Guanghua Road SOHO.
'King of Rags' Pan Shiyi purchased Minyuan Building for 1.029 billion in 2007 and renamed it Guanghua Road SOHO.
Although he got a big deal, he also got into big trouble.
This project has been found to have safety hazards since 2000. After Pan Shiyi took over the project at the end of 2007, he spent more than 20 million yuan to build 378 slope protection piles, but the wall still inevitably cracked and even sank.
Fourth, hidden dangers in the property market.
Real estate is cyclical, and if you buy an unfinished building at its peak, it is easy to lose your money.
But for Xu Liang, the disadvantages of unfinished buildings are not so many.
Property rights are complex, so just clarify them. The worst thing you can do is spend more money.
The money spent now is nothing compared to the price after the property market rises.
Secondly, the unfinished building is no longer old, so the price will be lower accordingly. Moreover, he does not intend to sell the unfinished building when he buys it, but intends to rent it out, so it doesn't matter.
Third, just don’t buy unfinished buildings with major safety hazards.
Fourth….
Alas.
There is no possibility of China’s property market falling within twenty years.
(End of this chapter)