Rebirth: My clan is 100 million points strong!
63 White Cloud Real Estate’s name shook Sucheng at the land auction!

The Eight

Settings
ScrollingScrolling

Early March, Su City.

Land and Resources Trading Center.

The three-day large-scale land auction in Su City officially began.

In this auction.

Sucheng would sell 36 plots of land.

As the strongest prefecture-level city in China.

This large-scale auction attracted hundreds of real estate developers to participate.

…At

the auction site.

Yu Guohua, the chairman of Sucheng Hengtai Holding Group, was sitting in a chair to conserve his energy.

His purpose today was very pure.

It was to snatch a piece of land from the hands of a group of real estate tycoons and build a commercial residential area.

Hundreds of real estate company managers arrived.

The land auction officially began.

The process of an auction organized by the government was relatively simple.

The auctioneer on the high platform introduced the rules of the auction, the increase in price, and the bidding agenda. After the auction was over, it would be certified by the notary office, and the auction would be considered completed.

"The first item to be auctioned is Su Di's 2016-MG-26 residential land. This plot of land is located in the east of Guangji North Road and the north of Anyuan Road, Yuanhe Street, Urban area District.”

"Plot 1, 85326 square meters; The second plot of land had an area of 30597 square meters, and the land period was 70 years.”

"The plot ratio of this plot is greater than 1 and less than 2.5, the building density is less than or equal to 25%, and the green space ratio is greater than 37%.”

"Su Di 2016-MG-26 residential land. The starting price is 2.55 billion yuan. Each increment is 1 million yuan, or an integral multiple of 1 million yuan..." The

auctioneer finished speaking.

Everyone quickly started bidding.

"Number 28, bid 2.56 billion!”

"Number 48, bid 2.565 billion!”

"Number 51, bid 2.575 billion!”

"…"

"Number 8, bid 3 billion!”

The price had reached this number.

The sound of bidding disappeared.

In a corner of the auction.

Yu Guohua quickly started calculating.

Then, she opened her mouth and said,"Mr. Yu, the floor price of this piece of land has already reached 14377 yuan per square meter.

The current housing price of Yuanhe Street in Urban area was 14039 yuan per square meter.

If he bid for it at a higher price, the profit would not be great.”

Hearing this, Yu Guohua's expression turned solemn.

Usually.

The selling price of the house was 1.8 to 2.5 times the floor price.

The price of this piece of land exceeded 14377 yuan per square meter.

This meant that after the construction of the property was completed, the selling price would have to reach about 35,900 yuan per square meter to make a profit of 10%.

Urban area was one of the districts of Sucheng City.

However, in a short period of time, there was simply no such great appreciation potential!

He chose to continue bidding.

It was obviously not worth it.

.........................................................................................................

.

There were many people who had the same thoughts as Yu Guohua.

The other real estate companies thought about it and did not raise their placards.

In the end, the first piece of residential land numbered 2016-MG-26 was sold for 3 billion yuan.

The auction was officially completed!

At this moment.

All the real estate developers had solemn expressions.

You can see the whole body by looking at a leopard.

The price of the first piece of land exceeded 14377 yuan per square meter.

The price of the land would definitely not be low!

…On

the stage.

The auction for the second piece of land officially began.

"The auction now is the 2016-MG-14 plot of land in Sudi, located in the south of Jingde Road and the east of Changxu Road in Gusu District.”

"The plot has a total area of 77909 square meters and a plot ratio of less than 1. It is suitable for building high-end residential areas.”

"The starting price of this plot of land is 1.5 billion yuan, and each increment is no less than 1 million yuan, or an integral multiple of 1 million yuan..." The

auctioneer finished speaking.

Everyone quickly started bidding.

"Number 29, bid 1.51 billion!”

"Number 44 bids 1.55 billion!”

"No. 17, bid 1.65 billion!”

No.

88, bid 2.19 billion!”

Hearing this.

The real estate developers at the scene frowned.

The price of 2.19 billion was too high!

Yu Guohua's expression was also uncertain.

The accountant beside him quickly calculated."President Yu, the floor price of this plot of land has already reached 28761 yuan/square meter.

The current housing price in Gusu District was 25767 yuan per square meter.

If they bid for it at a higher price, there would really be no profit to speak of.”

Yu Guohua frowned.

Such a high floor price.

After the construction of the property was completed, the selling price had to reach about 71,900 yuan per square meter to make a profit of 10%.

If the house couldn't be sold at this price in the future…

That would really be a double loss!

Yu Guohua glanced at the person who raised the placard at seat 88 and asked,""What is the background of this real estate company?”

"President Yu, they are Baiyun Real Estate, a subsidiary of Baiyun Construction Group. The paid-in capital of the enterprise is 50 billion yuan," the finance department quickly said.”

"White White Cloud Real Estate…"

Guo Hua took a deep breath and immediately understood their background.

After the rise of the Baiyun Construction Group, they had been bidding for countless projects in Su City.

He had no choice.

Their infrastructure was too outstanding.

The project would be completed and accepted within three months.

Now, they set up a subsidiary company, White Cloud Real Estate.

If they still completed the residential area within three months…

Then, he would have to stop playing with the real estate company in Sucheng!

…At

the same time.

All the real estate developers present knew the origins of White Cloud Real Estate.

After thinking for a moment.

In the end, they decided to give up on bidding for this piece of land.

There were a total of 36 plots of land in this auction.

There was no need to fight with White Cloud Real Estate.

Besides, the price of this floor was pushed up so high by Bai Yun Real Estate.

Even if they bid for it at a high price, there would be no profit.

In the end, the price of this piece of land fell at 2.19 billion yuan.

Next.

The land auction continued.

White Cloud Real Estate became the only focus of the entire venue.

The auctioneer kept hammering the hammer.

"Congratulations to Baiyun Real Estate for obtaining the 2016-MG-40 Land for Sports and Entertainment in Sudi for 280 million yuan!”

"Congratulations to Baiyun Real Estate for obtaining the residential land of Sudi 2016-MG-7 for 1.557 billion yuan!”

"Congratulations to Baiyun Real Estate for obtaining the residential land of Sudi 2016-MG-38 for 2.213 billion yuan!”

"Congratulations to Baiyun Real Estate for obtaining the residential land of plot 2016-MG-6 in Sudi for 4.039 billion yuan!”

.........................................................................................................

.

White Cloud Real Estate was buying land like crazy, not caring about the price at all.

On the first day of the land auction.

Baiyun Real Estate quickly acquired 18 plots of land.

Many real estate companies were fighting over many of the plots of land.

However…White

Cloud Real Estate was extremely wealthy, and the price increase was frighteningly high. In the end, it defeated all the competitors.

After

three days of the auction ended.

Su City's Natural Resources and Planning Department, official land transfer information.

Among them, the news that Baiyun Real Estate had bought 28 plots of land for 47.8 billion yuan instantly spread throughout the city.

Ordinary people did not pay much attention to the news of the auction.

However, all the real estate developers in Sucheng were devastated.

From today onwards.

The competitor they had to face was a real estate company with abundant funds and incredible infrastructure.

A few years later.

Perhaps the entire real estate industry in Sucheng would be dominated by White Cloud Real Estate!

This book comes from:m.funovel.com。

Last Next Contents
Bookshelf ADD Settings
Reviews Add a review
Chapter loading