Tao Liangchen

Chapter 225 Your Man is Crazy

The land contract, along with copies of invoices and tax returns, were all packaged and sent to Su Yehao.

Presumably, they weren't expecting to make money, only hoping not to lose any, so they revealed their bottom line to Su Yehao, unafraid of disclosing their minimum price.

Pei Xinyao and her husband's approach made him feel quite comfortable.

He sat on the grass of the golf course.

After Su Yehao finished reading the documents, he learned that the initial land acquisition cost a total of HK$223.5 million, with some additional expenses incurred later.

Considering the bank loan of HK$150 million, as well as the subsequent appreciation of the land value, asking for HK$250 million really wasn't expensive.

In addition to these documents, there was also a 1995 Shanghai land auction market chart, as well as a subsequent trend chart of land auction prices. From these data, Su Yehao unexpectedly saw the Tomson Riviera project.

It was that famous luxury residence.

With a total planned construction area of more than 140,000 square meters, the floor price was only more than 4,000 yuan, which was more expensive than the floor price of office buildings.

Considering that the creation of a business district in Lujiazui was not only for economic reasons, but also to create a calling card, coupled with the fact that the real estate market was even less mature two years ago, Su Yehao didn't bother to delve into it.

Looking at Sihai International Cultural Tourism City, it was clear that as long as they thought it was good and could sell it, they would sell it. The market situation was secondary, and they were still in the exploratory stage.

Large-scale real estate projects are now mainly led by the government and external funds. Even the first batch of real estate developers only have the strength to develop small residential buildings.

The much-watched Giant Building started construction and was abandoned this year. The total investment was only more than 300 million yuan, which was already astonishing and considered remarkable.

As for spending several hundred million to acquire land, few companies in the north had this strength. There was indeed a lot of land, but very few had the ability to acquire and develop it.

Therefore, Pei Xinyao and her husband waited for two years, and finally couldn't hold back any longer, deciding to take out the Lujiazui land for sale at cost.

This approach was very businesslike, and it seemed reasonable from the current market situation.

Su Yehao retracted his gaze, handed the documents to Jiang Yu to hold, got up and patted his pants, looked at Pei Xinyao and her husband, and said with a smile, "You've waited two years, are you really not planning to wait any longer? Maybe in another two or three years, the real estate industry in the north will be completely market-oriented. If the price soars at that time, wouldn't I have gotten a bargain?"

Lujiazui in this era was not short of land, and land could be acquired or not. Su Yehao was half-joking and half-serious at the moment, with a bit of schadenfreude.

Pei Xinyao said helplessly:

"Development costs too much money. Several projects have gone wrong, and our company no longer has the strength to continue investing. Only a large company like yours can do it. We just discussed it again with my husband, and we'll give you a one-time price of HK$245 million. Remember to ask your dad, we'll accept the loss."

"Why ask my dad? I plan to buy it myself," Su Yehao said.

Pei Xinyao's husband asked in surprise, "What are you buying land for, to speculate?"

"No, to develop an office building. Some floors will be kept for our own use, and the rest will be rented out."

Su Yehao had seen some big waves.

He had personally handled business worth more than 200 million, which could only be considered a good project compared to his father's cultural tourism city. At this moment, he was calm.

Located in Lujiazui, the price was also affordable, a business that was guaranteed to make a profit without having to worry.

Pei Xinyao held back for a long time, and only said, "You are indeed promising at a young age."

The couple had always thought that they needed to persuade Su's father through Su Yehao, but at this moment they realized that they had chosen the wrong target, and were slightly speechless.

Su Yehao waved his hand and said, "I'm just young, not yet accomplished, a poor student who needs to take out a bank loan to afford it. Otherwise, let's make it an even number and make it cheaper, HK$240 million, but the number four doesn't sound good, how about HK$238 million?"

"...Are you sure you can make the decision on this deal?" Pei Xinyao's husband asked.

"Yes, I've called the bank, and the bank has agreed to pay for me. If you can accept this price, I'll arrange a flight to Shanghai later to conduct an on-site inspection. I'll give you an accurate answer at the latest tomorrow night, and the possibility of a deal is relatively high, who told me that I've liked *Shanghai Bund* since I was a child?"

Su Yehao's attitude seemed unreliable, but he spoke seriously.

Apart from Pei Xinyao and her husband who were looking at each other, Jiang Yu next to her was also helpless. After all, it involved more than 200 million Hong Kong dollars. Such a big deal seemed a little too trivial.

After considering it, Pei Xinyao didn't give an immediate answer, fearing that being too eager would lead to further price cuts.

For the couple, the most important thing was to cash out and get some funds back. They could accept a price difference of a mere few million Hong Kong dollars. She said, "We have to discuss it with the company's shareholders. There's an 80% chance that there won't be any problems. We can accept a loss of 10 million, but if the price is lowered further, they will walk away. It's better to keep it."

"I understand, in business, we value integrity. As long as the location is good and there are no problems with the land, I'll pay whatever price I said."

Su Yehao added, "If it's okay, I'll book the plane?"

"...Okay."

——————————

A land deal.

For some reason, Jiang Yu always felt that it was similar to buying groceries, and it was too straightforward.

It would have been fine if he had been engaged in real estate development before, but Su Yehao's own business had nothing to do with office buildings.

Jiang Yu was confused, watching Su Yehao book a plane through the bank and discuss the loan plan with the bank president. Afterwards, she confusedly accompanied Su Yehao to pick up Nangong Tian and drove to the airport together.

It wasn't until she got into the business jet that Jiang Yu said to the little girl:

"Quick, take care of him, your man is crazy. Someone was trying to sell him something this afternoon, and he immediately agreed to buy land. It takes me several days to think about buying a bag!"

Nangong Tian didn't think so, and said firmly: "How else could he be my Hao-ge? Decisive and resolute. There must be a reason why Hao-ge agreed, I'm on his side."

"..."

Jiang Yu felt that she had asked the wrong person, they were both crazy.

She asked the flight attendant to open a bottle of rosé sparkling wine, which had a slightly sweet taste, suitable for girls.

Su Yehao asked Jiang Yu instead, "If you wanted to buy a bag, and someone recommended a brand new bag to you, not only was it discounted, but it was also a limited edition that appreciates year by year, would you want it?"

"Yes, many of my bags are appreciating in value, especially Chanel and Hermes," Nangong Tian chimed in.

After considering it, Jiang Yu nodded as well.

Su Yehao said frankly, "Isn't that it? Your bag is my land, and you can also use a credit card, you only need to pay some interest, and the money from the land appreciation is much higher than the interest. I always feel that my business can grow bigger, and I will be short of office buildings at that time, so I'm preparing in advance."

Confused, Jiang Yu frowned and said:

"It's a piece of land, more than two hundred million, it's much more expensive than a bag! Besides, how do you know it will definitely appreciate in value, the housing prices are obviously falling."

"I just know."

As soon as he finished speaking, Nangong Tian followed confidently and said, "That's right, Hao-ge definitely knows!"

Being double-teamed, Jiang Yu reached out to cover her head, her brain hurt a little, and she sighed, "Anyway, it's your money, treating business like a child's play, I hope you lose everything..."