Boom boom boom…
Lin Tongchun's heart was pounding. He really couldn't imagine that such a huge business opportunity could fall into his hands so easily.
"Not only that, Dad, you say... if there is such a commercial plaza with complete functions and a wide variety of products, which is unique in the world, then what will the value of the nearby real estate be?"
Finally, Keiko Kobayashi dropped another bombshell.
boom!
This completely blew Lin Tongchun's brain.
"Yes! Yes! I see, so that's how it is!
This is Lin Huowang’s real killer move!
If we simply acquire land to develop real estate, our model can be replicated indefinitely.
However, the overall profit will be lower than those developers who rely on their own funds to develop real estate.
Because they don't have to bear the interest on such a large amount of revolving mortgage loans. After all, everyone's real estate selling prices must be similar, and the profits are also the same.
But……
If our real estate development is all carried out around our commercial plaza.
If our property is equipped with a commercial plaza and is located in a similar location, the selling price can be several percent higher than that of other real estate developers, or even double the profit!
They sell it for 250,000 yen per square meter, and if the profit margin is 20%, the profit is 50,000 yen per square meter.
However, we have the blessing of a commercial plaza, so we can sell it at 350,000 yen per square meter, and our profit margin can be as high as over 42%, with a profit of 150,000 yen per square meter, which is more than three times theirs.
Coupled with our continuous mortgage expansion and capital utilization, this... this development speed is simply unimaginable.
However, the only major prerequisite for this model to be feasible is that housing prices continue to rise and the group of home buyers continues to grow.
The properties we develop can be sold quickly. Otherwise, if they are left unsold, this model will collapse like an avalanche.”
As Lin Tongchun said this, his body began to tremble involuntarily. He couldn't imagine that with a model like this, as long as it was successfully developed for a few cycles, the profits would be astronomical!
"Yes! Dad, Lin Huowang told me that this model has not been practiced by anyone in the world yet.
Because current conditions do not allow it, and each country and city does not have the economic conditions to launch this model.
Only in Japan today, where the economy is booming and real estate has been developing at a high speed for at least 20 years, can this model be used and huge amounts of wealth be made.”
After saying this, Keiko Kobayashi started to talk about business, and said to her father very formally, "So, from now on, Mr. Lin Tongchun, on behalf of Mr. Lin Huowang from China, I would like to ask you for cooperation. Both parties will invest 25 million US dollars each to jointly build Tokyo Dragon Plaza Real Estate Development Co., Ltd.
Mr. Lin Huowang holds 60% of the shares, I, Keiko Kobayashi, as a professional manager, hold 5% of the shares, and you, Mr. Lin Tongchun, hold 35% of the shares.
Do you agree with this cooperation model? "
"I agree! I couldn't ask for more!"
Looking at his daughter who was seriously negotiating a business deal with him, Lin Tongchun felt ecstatic.
On the one hand, I was surprised by the investment and cooperation opportunity. On the other hand, I felt incredible about my daughter’s growth.
I only went to study in China for a year, and met Lin Huowang, but the change was so great that I even made such decisive and accurate judgments on various business opportunities in the mall.
"Okay! Then Mr. Lin Tongchun, on behalf of Mr. Lin Huowang, I would like to congratulate you on the successful conclusion of our cooperation."
As she spoke, Keiko Kobayashi extended her left hand very formally and shook hands with her father Lin Tongchun.
At this time, she took out a business plan sent by Lin Huowang from the drawer, which contained detailed information about the real estate model and commercial plaza development and operation model just mentioned.
Even when facing her own father, Keiko Kobayashi was fair to her father and would not show him more specific operational details until her father agreed to cooperate.
"Then according to this cooperation plan, Lin Huowang's idea is to name this commercial plaza Dragon Plaza?"
Lin Tongchun picked up the detailed business plan and flipped through it. The more he read, the more frightened he became.
In fact, in his eyes, this business plan is absolutely a masterpiece that transcends the times. It can only be planned by someone with a forward-looking vision that sees through the entire era.
Lin Tongchun felt that this business plan alone was worth at least $100 million.
If this business plan was obtained by those old real estate development families in Tokyo, he couldn't imagine how much money they could make from it.
Of course, the prerequisite is that they agree with and strictly implement Lin Huowang’s plan.
But most likely, these old families lack the vision and determination for development and innovation. Even if such an extraordinary business plan is placed in front of them, it will not be taken seriously or implemented.
"Yes! Dragon Plaza, Lin Huowang told me that he hopes to open our Dragon Plaza all over the world, starting from Japan.
This also includes collaboration with "Dragon Jump".
Like the Dragon Plaza in Tokyo, we have to build at least two, the Dragon Plaza Global Flagship Plaza, which will occupy a super large plot of land and integrate various elements of Dragon Comics to form a linkage between the comics world and reality.
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