I Become a Chaebol in Korea: Unique Insight

After experiencing a tragic car accident, Liu Zhengjie, whose ancestors were from China and who was now an ordinary Korean worker, woke up to find himself the eldest son of the powerful Korean chae...

Chapter 41 Finally found it!

After getting in the car, Park Jin Hyuk took the documents handed to him by Hyun Yi Soo.

These documents are all projects that Dongjing Company is currently constructing.

[The 4th New Urban Development Project]

This project attracted his attention because it was a larger project than other domestic projects.

Of course, some overseas projects are larger in scale, but DS Construction is unlikely to provide any help to Dongjing Company in overseas projects, so he did not take overseas projects into consideration.

I remember that during dinner that day, Li Zhongwu asked Li Shanming to find out where the location of the fourth new urban construction project was.

After reading the project information, he found that this project was not simple.

"Director, are we going to do the fourth New City project? Aren't we reducing the number of projects under construction now?"

"That's right. Even if we were asked to do it now, we don't have the ability."

"Then why are you still looking for a plot of land for this project?"

"We have to make a deal with Dongjing Company. This is my purpose."

"Are you planning to negotiate with Dongjing Company after you get information about the project site?"

"How can you possibly negotiate with someone if you have nothing and nothing at all? That's only what happens in movies and TV shows... To negotiate successfully, you have to have what the other party needs."

"Hold it in your hand?"

"We have to buy the land, the land that Dongjing Company needs."

As he spoke, Park Jin Hyuk turned his gaze to the window.

At first he didn't quite understand why Dongjing Company wanted to control the location of the new urban project.

The land for this type of residential project is provided by the government. The project construction company purchases the land in the area designated by the government at the price set by the government and then builds houses on it.

That is to say, after the location of the project is determined, the sale of land is carried out under the control of the government, and the government will also control the sales price of residential properties, so this type of project will not make much money.

So why are construction companies willing to take on such projects? Because there are other ways to make money, namely in the surrounding areas of the government-designated land.

The surrounding areas are not under government control, so land and houses can be bought and sold freely, and prices follow market trends.

Therefore, people are really concerned about the development of the area surrounding the project, which can bring huge benefits.

"It's true, if you want to make money, you have to go into real estate!"

After studying previous new urban projects and learning about the changes in land prices and returns around the projects, Park Jin Hyuk couldn't help but sigh like this.

This kind of risk-free, high-yield project is exactly what everyone dreams of.

"Where exactly is the location?"

After reading Hyun Yi-soo's report, Park Jin-hyuk personally led people to look for land.

This went on for a week, but nothing was found.

One day, they came to a place.

“What’s the land price here?”

"It's 1 million won per pyeong (a Korean unit of area, about 3.3 square meters). This is all farmland, a restricted development area, so the land price is much lower than other places."

"One million yuan per ping..."

Park Jin Hyuk muttered to himself and looked at the surrounding situation.

The value of the land was revealed to him.

However, what he saw was not the unit price, but the total price of each plot of land.

After roughly estimating the size of the plot, he had a hunch.

"Is this it?"

Park Jin Hyuk was busy marking the boundaries of the plot on the map, and Secretary Kim immediately calculated the area of the plot.

"About 6,000 square meters."

"6,000 pings? 6,000 pings, the market value is 6 billion..."

However, in Park Jin Hyuk's eyes, the number on this piece of land showed 40 billion.

"Here it is!"

"Here?"

"Hmm, that's almost seven times the difference... Let's go take a look. Park the car and follow me."

With that, Park Jin Hyuk walked towards the plot of land.

The roads here are all dirt roads between farmlands.

Because it had rained yesterday, the ground was muddy and my leather shoes were covered with mud after just a few steps.

Seeing that Park Jin Hyuk didn't care, Secretary Kim couldn't help but think of what Secretary Huang had said to him.

"Master Zhenhe has never suffered much, and he usually doesn't do things himself, so you have to work harder. But fortunately, he has a good heart, and as long as you work hard, he won't treat you unfairly."

"But how can he be someone who hasn't experienced hardship or worked hard? Secretary Huang said he grew up watching Director Ben, but how come he doesn't understand Director Ben at all?"

"What are you doing? Come on, we have to circle the land before the sun sets."

Park Jin Hyuk had already walked a long distance. He turned around, waved and shouted at Kim Jun Woo.

Jin Junyu agreed, parked the car, and then jogged after him.

It is not easy to run on the muddy field path in leather shoes.

Jin Junyu almost fell down several times while running.

"I heard from Secretary Huang that you started working part-time to earn money while you were still in school and suffered a lot, but why do you still stagger so much?"

"Working part-time...is not the same as this."

"Have you never walked on a dirt road like this?"

Jin Junyu walked on the muddy road, taking one deep step and one shallow step. Soon, his shoes and calves were covered with mud.

He looked at his shoes and trousers and thought:

"I was just wondering, how do you walk this way so easily?"

Looking at Park Jin Hyuk walking in front, Jin Junyu felt that this director must have walked this route more than once or twice, otherwise he would not be so skilled.

"It's much better now. Thirty years ago, the road was really difficult to walk on. It was even more impossible to walk on after it rained. You might even fall into the paddy fields if you weren't careful."

After hearing what Park Jin Hyuk said, Jin Junyu felt his mind was suddenly confused.

He knew that Park Jin Hyuk was only 28 years old this year, but why did he start talking about 30 years ago?

Park Jin Hyuk patted his shoulder nonchalantly.

"Don't worry, a little mud is nothing. This rice field has never been fertilized. If it had been fertilized, it wouldn't smell like this. It's okay if my pants are dirty."