Over the past year, China Overseas’ real estate policies have been constantly changing.
Purchase restrictions, loosening restrictions, tax payments, housing fund loans in other places, the merger of two districts...
China Overseas’ housing prices are among the top ten in the country.
But even though housing prices are already so high, the public still thinks they will go up.
The market is heating up, and Yu Jiuhua is also jealous.
China Overseas' real estate market is very different from many cities in one respect.
That is, luxury homes are selling extremely well!
The transaction volume of luxury homes worth tens of millions ranks among the top three in the country.
There are two pieces of land to be auctioned recently, and Yu Jiuhua has been considering whether to buy them.
The real estate market is hot, which has caused the land market to be extremely hot.
For a good piece of land, a 50% premium is considered low.
The best land price premium is nearly 100%!
Behind high returns comes high risks!
If you want to make a lot of money, you have to invest a lot of money first.
Land worth billions of dollars cannot be obtained with just a few clicks.
Yu Jiuhua, who owns a real estate company with assets worth tens of billions, also has to think about it for a long time.
After reading the business plan his daughter gave him, he became very interested in Kieran.
After the meeting, Qin Ran's assessment of the real estate market was spot on.
Very bold!
But it's pretty much the same idea as his.
Yu Jiuhua pondered for a while before asking, "What do you think of this year's market?"
Qin Ran uttered the four words calmly.
"First cold, then hot."
Yu Jiuhua, who had unknowingly become serious, chewed over these four words again and again.
Yu Jiuhua was not so shocked by the hot market that he lost his mind.
On the contrary, he was very calm!
Having been in the real estate industry for so many years, he has seen a lot of ups and downs.
But this was the first time he had seen policies change so frequently in the past year.
The more applause, the more cautious we need to be!
But with huge profits right in front of us, it would be a lie to say that I am not tempted.
There is a saying in many industries that “September is golden and October is silver”.
The real estate industry is no exception, and the second half of the year is the hottest period.
Qin Ran’s words “first cold then hot” inspired Yu Jiuhua.
If you think carefully about the existing policy changes, they seem to suppress the market, but in fact they make the market more turbulent.
Purchase restrictions?
Doesn’t that just show that the market is too hot?
Yu Jiuhua asked again, "Have you been following the land auction?"
"A little, but not much."
When Qin Ran was making the business plan, he collected a lot of information, including land acquisition.
"The highest-selling land parcel in the first quarter was the plot north of the railway station's north square, which sold for 8.8 billion yuan."
"Yes, 8.815 billion." Yu Jiuhua reported the exact amount.
Then he revealed a piece of news that had not yet circulated in the market.
"There are still many plots to be auctioned, and I have my eyes on two."
"Which two?"
"The High-tech Service Industry Park and Expo Area A."
Qin Ran frowned slightly. "The price of the high-tech park is about the same as the highest-priced land."
"The estimate is around 7 billion."
"It's definitely more than that." Qin Ran shook his head. "It should be closer to nine billion."
"Nine billion?!" Yu Jiuhua's eyes widened. "That's even higher than the highest land price."
Kieran shrugged and said, "That piece of land in the High-Tech Park should be the best, right?"
"Well, a lot of people are eyeing this piece of land."
"Boss Yu too?"
"Just call me Uncle Yu. There's no need to be so polite between us."
. . .
Kieran hesitated for a moment, but still expressed his thoughts.
"I suggest Uncle Yu not to buy this piece of land."
"Oh? Why?"
Kieran gave a reason.
"This piece of land is good, but as you said, there are too many wolves and too little meat, let alone the fattest piece of meat."
"So the auction price for the land in the high-tech park will definitely not be low."
"Also, Uncle Yu should know that there are two major problems in the Zhonghai real estate market."
Yu Jiuhua was stunned for a moment, then nodded and said, "Well, go on."
"Zhonghai's real estate market has an excessive amount of office and commercial space, but a serious shortage of small and medium-sized commercial housing."
"It's the same for everyone. The profit margins are quite different. Commercial properties in good locations are easy to sell."
"This problem hasn't been going on for just one or two days. The people above are not blind. It's impossible that they didn't see it."
"You mean..." Yu Jiuhua frowned.
"It's only a matter of time before land use restrictions and housing price controls are implemented. There's only so much land."
Yu Jiuhua suddenly said, "Xiao Qin, you don't seem to know much. You know a lot about the real estate market."
"No, I just pay attention occasionally."
"Which piece of land do you think is good to shoot?"
"I don't know which areas to shoot, but I really don't recommend that you shoot in the high-tech park area."
Yu Jiuhua stood up and locked the door, then took out an unstamped document and handed it to Qin Ran.
"I'll forget about it once I leave this door."
Qin Ran didn't answer. "Then I won't watch it."
Yu Jiuhua was stunned, then burst into laughter!
"Look, it's okay."
"I don't invest in real estate, so my knowledge is limited. Uncle Yu, you should make your own decision. You can just listen to my words and don't take them seriously."
"Just take it if I tell you to." Yu Jiuhua stuffed the document into Qin Ran's hands. "I trust you."
Qin Ran muttered to himself, "Old fox."
Who knows whether it is true belief or false belief.
But he understood that these pieces of paper in his hand were great opportunities that many people might not encounter in their lifetime.
But he really doesn't need it.
Qin Ran wasn't exaggerating. For him, the payback period for real estate investment was too long and the returns were average.
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