Chapter 1 The Beginning

　　Jiang Yu took Nangong Tian to get the doll, while Su Yehao accompanied Master Jiang to the office.

　　After working hard on the project for more than half a year, they saw the return of money today.

　　Master Jiang was in high spirits. At this time, he said:

　　"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 15%, provided that they have the ability to sell the houses as soon as possible. There are still too few people with money to buy houses now. I heard that the total stock of houses across the country adds up to hundreds of millions of square meters, and everyone is flocking in."

　　"What is hundreds of millions of square meters? Spread it out among everyone, and it is less than zero point one square meter per person. Prime 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 refers to income that can withstand accounting checks, right? Many people buy houses with cash, and this part is hard to say. Anyway, many companies' profits should be higher than what they show."

　　Su Yehao has been paying attention to the mainland real estate market for several years. He also has a lot of land in his hands, and he knows the ins and outs of it very well.

　　Back in 1997 and 1998, the price of land at many land auctions was only a few hundred or a thousand yuan.

　　Even if a frame-shear wall structure is used, and the construction cost is relatively high, calculated at an average of 800 yuan per square meter, with the current average price of real estate in Pengcheng, it can still earn two or three times that.

　　In the past few years, three or four thousand real estate companies have sprung up in Pengcheng. Isn't it because this industry is too profitable? Even the newcomers who entered later can honestly build the houses, and they can earn tens of thousands of yuan in net profit on average for each unit sold.

　　A real estate project has hundreds of houses, which means tens of millions or even hundreds of millions of net profit.

　　Su Yehao looks down on this hard-earned money, but for other businessmen, it is already an excellent investment project.

　　It's just like the saying, "A gas station on the left and a gas station on the right." Too many developers have entered the market in a short period of time, and the demand for housing has not yet increased, resulting in a temporary surplus of housing.

　　As soon as he finished speaking.

　　Master Jiang asked with interest:

　　"Isn't the Sihai International Cultural Tourism City next to it making a lot of money this time? A piece of land was directly allocated to your father at the beginning, and the land cost per square meter was simply dirt cheap. How many houses can be built on such a large piece of residential land? If you continue to speculate on the land in your hands, it is estimated that it will continue to rise in the future."

　　"Hey? You can't say that, Uncle Jiang. There are already too many houses on the market to digest. Wouldn't it be adding to the trouble if my family launches a large number of residential buildings, affecting the stability of the real estate market?"

　　With a smile on his face, Su Yehao continued:

　　"Therefore, my family should not cause trouble in the next few years. Let's build the commercial real estate project and the villa project first. The second phase of the project here can also wait. The surrounding development speed is estimated to be very fast."

　　Master Jiang nodded. How could he not hear that this precious son-in-law was finding reasons to hoard land? He said with a smile:

　　"I didn't plan to develop the second phase as soon as possible anyway. I have to wait until the subway is open. Another property can also be pre-sold by the end of the year. The land auction prices have been high recently, and the land released is not in a good location. I am talking to other companies about the transfer, trying to get two more pieces of land. How is your Qixin City doing?"

　　"Not so good. It will probably be very good in the future, but now it still needs time to accumulate popularity. With your situation, Uncle Jiang, it is not suitable to put too much money on it..."

　　The seeds sown a few years ago have gradually blossomed and bear fruit.

　　For example, this large piece of land in Pengcheng Cultural Tourism City makes peers envious.

　　The land value alone has made the Su family a fortune. If it is sold as a whole package, even if it sells for 10 billion Hong Kong dollars, some large real estate developers may be willing to take over. Some European, American, Japanese, and Southeast Asian investment companies have indeed actively inquired about the price.

　　As of now, the total investment in Pengcheng Cultural Tourism City, including land acquisition, is only more than 2 billion yuan. Most of the funds are borrowed from banks, which can be described as a huge profit.

　　When he partnered with people in Hong Kong in the early years, except for Zhao Yimeng's family and Uncle Qiu's family, no one was willing to pay attention to Su's father. After a few years, the tables have turned, and the value of Cultural Tourism City has soared.

　　The development situation of Guangzhou Cultural Tourism City is slightly slower than that of Pengcheng Cultural Tourism City, but the land value has also doubled.

　　When the Su family acquired the land, land auctions had just been piloted and had not yet been promoted on a large scale.

　　Su Yehao seized the time and took advantage of a loophole in the name of a cultural tourism project. It is now almost impossible to acquire such a large area of high-quality land in the core area of ​​a big city. It is more or less the same in some suburban towns.

　　There is nothing wrong with saying that they are rare and unique projects. If they can be successfully held for more than ten years, the profits can easily be more than 100 billion Hong Kong dollars.

　　To ask how long the land can be held, the key is not actually the project itself, but mainly depends on how much benefit the Su family can create in the future, such as one hundred chain shopping centers, such as Su Yehao's achievements in the crystal wafer foundry, and in the field of Internet and other high-tech fields. These are enough to make people forget that the Su family still has land that has not been developed.

　　In other words, they are almost dizzy from the Su family's investment.

　　There are more than a dozen investment projects with a scale of more than 1 billion yuan, and there are also five with more than 10 billion yuan, namely, Qixin City, Qixin International, Sihai International, KOKO Ventures Pengcheng Branch, and SSSSS Asset Management.

　　Not only that, Huang钻 (Huang Zuan) Computer, Black钻 (Hei Zuan) Mobile Phone, Medea Group Factory and other projects also drive considerable economic benefits. The reason why Pengcheng's investment promotion has topped the country for two consecutive years, surpassing Shanghai, is that Shanghai lacks a Su Yehao.

　　Under these circumstances, who would care about the development progress of Cultural Tourism City?

　　Besides, it's not like construction hasn't started, it's just that there are not enough manpower and funds, and the construction speed is a bit slow...

　　There were 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 being a real estate developer is so cool. The contracts are all worth hundreds of thousands or millions. With you, Ahao, helping to endorse and promote, there's no need to worry about sales. I knew I shouldn't have called a girl group. Bringing you here is enough."

　　"It was originally a small matter. You actually wanted to hide it from me."

　　Nangong Tian chimed in and said with a smile: "I was afraid you would worry. It's good if the sales are good. Jiang Yu made a lot of money today. Let's go to the shopping mall in Cultural Tourism City for a meal tonight and watch a movie by the way. It's like inspecting our cinema."

　　Jiang Yu also said:

　　"From land acquisition to construction, I have always troubled you to help, Ahao. I can't rely on you for the sales link. My parents have been busy for more than half a year and have really put their heart into running this new business."

　　"It's not a trouble. I'm just saying hello. It's a small matter. Why are you being so polite with me?"

　　Su Yehao changed the subject: "More than a hundred houses, and they are selling so expensive. You will earn at least 20 million yuan. Is it okay to have coconut chicken hot pot for dinner tonight?"

　　Jiang Yu was speechless and told him, "Even if I don't sell the building, would I be short of money for a coconut chicken meal? Let's try the new restaurant opened by my godmother today. Why eat mutton hot pot on such a hot day?"

　　With a surprised expression, Nangong Tian asked, "Huh, your godmother, isn't she the second wife of Uncle Hai's family?"

　　"Yes, so I went to support her business..."