I'm in the county town, and you say I'm a big shot?

Chapter 340 "What I meant by 'at all costs' is to eliminate Huacheng Development!&quo

Chapter 340 "What I meant by 'at all costs' is to eliminate Huacheng Development!"

"Chairman Fang, Chairman Song, let me first give a brief report on the progress and sales of the Lakeview Residence project."

Luo Yan took out a document and said, "As of mid-March, the construction of the deep foundation pits, basements, water supply and drainage systems, and exterior facades of all buildings in the first phase of the project has been completed. The next step is the construction of the main floors."

"Sales are going very well. As of last week, the first phase of the project was basically sold out, with only 11 units remaining, accounting for about 3% of the total. These are all units with relatively poor layouts and floors. However, we can sell them all before May Day by offering appropriate price reductions and promotions. To date, we have received approximately 3.7 million yuan in pre-sale payments for the properties, all of which have been deposited into the company's dedicated account."

Fang Qingye and Song Qingdong both smiled slightly after hearing this.

This means that the first phase of the project can earn approximately 6500 million yuan! The net profit margin is 21.6%, which is higher than the 13% profit margin of ordinary commercial residential buildings.

"Report complete. Let's move on to the first item on the agenda," Luo Yan continued.
"Regarding the planning and design of the second phase of the project, I suggest that we continue to entrust the planning and design to Shencheng Jushang Architectural Design Company. Our cooperation on the first phase of the project went quite smoothly, and with the experience gained from the first phase, I think their design will be more reasonable and will also maintain the unified architectural style of the entire Huguang Yazhu community."

“I agree with that,” Fang Qingye said first.

"My principle is that the properties must be of high quality and even better than the first phase, so that they will be more attractive."

“I agree,” Song Qingdong said. “But we need to put more effort into controlling costs. We’ll study it carefully once they have a plan and a project budget.”

If all three board members unanimously agreed, then the proposal was considered passed. Zhang Qian quickly typed on her laptop to record their statements.

"The second issue is the pre-sale of the second phase of the project. I suggest we hold the pre-sale during the National Day Golden Week holiday, with construction starting in early January next year. This way, once the first phase is basically completed, we can free up more manpower and resources," Luo Yan said.

The developer of Lakeview Residence is a construction company under the Kerry Group, which has a first-class qualification. Although a bidding process was conducted, it was just a formality.

Fang Qingye was well aware of this, and he didn't care if Song Qingdong made that money, as long as the quality of the project was guaranteed.

Therefore, Fang Qingye had a detailed discussion with Song Qingdong about this matter and promised not to cut corners.

Of course, one cannot completely trust what people say, so Fang Qingye, the project's engineering supervision company, did not look for a local company, but specifically found a reputable company in Anhui Province to do the work.

Luo Yan's second proposal was also quickly passed, and now we will proceed to the third and most important proposal.

"The last item on the agenda is developing a new housing development. Zhang Qian, bring me your map," Luo Yan said.

Zhang Qian quickly took out a newly released map of Nanxin County from her briefcase and spread it on the conference table: "According to the land sale plan recently announced by the county, there are now four plots of land in the county that are to be listed for sale."

Pointing to the location marked on the map, Luo Yan continued, "Among them, I am optimistic about the land south of Huizheng Road. Our Huacheng Company adheres to the style of pursuing high-quality projects and wants to select the best location, so I suggest that we jointly bid for this land, which is about 206 acres in size."

Luo Yan continued to explain, "The new urban area of ​​the county is currently under construction, and the municipal business district, which integrates six major urban resources of 'commerce, business, ecology, sports, government affairs, and culture and education,' is gradually emerging. Therefore, this piece of land is very much in line with our company's requirements."

Fang Qingye nodded.

Luo Yan's judgment is indeed excellent; among the four plots of land listed in Nanxin, none has a better location than this one.

The area boasts excellent educational resources, including Nanxin Experimental Junior High School and the newly built Nanxin Normal University Affiliated Primary School and Kindergarten Xincheng Campus, as well as medical facilities such as a maternal and child health hospital and a maternity hospital. Furthermore, Xincheng Holdings Group plans to build Wuyue Plaza nearby, which will become a landmark building in Nanxin, making the environment exceptionally pleasant.

only.
While Fang Qingye was pondering, Song Qingdong had already stated: "Luo Yan, you have a good eye. This place is indeed excellent and very suitable for building high-end housing. First of all, Kerry Group will not participate in the bidding for this land. The company is too busy, haha."

Now, Kerry Group's real estate focus is shifting to the neighboring Wuyang County. Compared to the fierce competition among several real estate companies in Nanxin County, Wuyang is still a blue ocean market.

"That's good." Luo Yan breathed a sigh of relief. She was worried that Kerry Group would also bid for the land, which would have been a bit awkward.

“Such a good piece of land, I reckon you’re not the only one interested, right?” Song Qingdong asked.

"As far as I know, Tenglong Group is going to participate in the bidding, oh right, Country Garden is also involved! They're here again this time."

Hearing Luo Yan say this, Song Qingdong smiled and looked at Fang Qingye, who was still deep in thought: "Qingye, this time you're going to fight both Qian Weimin and Biyuan."

"What? Country Garden is joining the fray again?" Fang Qingye asked, snapping out of her reverie.

"Yes, this news is absolutely correct. I asked a friend of mine at the Land and Resources Bureau's bidding office, and they have already submitted their application materials," Luo Yan replied.

"Hehe, it seems Country Garden is quite enthusiastic," Song Qingdong said with a smile.

"Yes! Country Garden is determined to win this time."

Country Garden was indeed determined to win.

Just as Fang Qingye was discussing whether to participate in the bidding for this land, in the office building of the Jiangsu Provincial Regional Company's Central Jiangsu Branch in Jinghai City, Manager Huang Zhihai was discussing the matter with his deputy—a young man transferred from the provincial company.

This young man is named Cao Rui. Last year, after the original deputy manager, Hu Hao, resigned due to failing to secure the Nanxinhu development project, the provincial company sent a young man to be his deputy manager.

"Manager Cao, do you know how many real estate companies have registered to bid for that plot of land on Nanxin Huizheng Road?" Huang Zhihai asked, lighting a cigarette and habitually crossing his legs.

"There are three relatively large companies: Tenglong, Linyuan, Jianfa, and Nanxin. Their materials have already been submitted. Oh, and Qinxin Real Estate Company from Jinghai will also be participating in the bidding."

Huang Zhihai was slightly surprised: "No Huacheng?"

"I haven't heard anything yet," Cao Rui shook his head.

"Huh? Didn't Fang Qingye claim that Huacheng was going for a boutique approach and developing high-end projects? Why would he give up this land?!" Huang Zhihai muttered to himself.

Cao Rui came from the provincial company and knew a bit about the grudges between Huang Zhihai and Huacheng Company, or rather, the grudges between Huang Zhihai and Fang Qingye.

It was Fang Qingye who intercepted the project halfway and snatched the Nanxinhu development project from Country Garden!

As a result, Hu Hao, the company's former deputy manager, resigned, effectively becoming a scapegoat for the project.

“I don’t think Fang Qingye will give up this land,” Huang Zhihai concluded, then added firmly, “This time, Country Garden will spare no expense to acquire this land!”

Cao Rui was taken aback and asked, "At all costs? Don't you consider the land acquisition costs?"

"Of course I'll consider it!" Huang Zhihai angrily stubbed out his cigarette and stuffed it into the ashtray.

"What I meant by 'at all costs' was to eliminate Huacheng Development!"

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like