Chapter 618: Far Ahead



At noon, Li Xu and several others discussed the issue of building a house. In the afternoon, Xu Xiangqian and Li Xu came to the government to discuss the matter.

In the end, Xu Xiangqian bought 80 acres of land for RMB 3.2 million.

As for the construction of the community, it is left to the government to solve.

At the same time, Xu Xiangqian also established a real estate company and a property company, and Li Xu was still the major shareholder of both companies.

A month passed in a blink of an eye, and the design drawings of the community were finally completed.

According to Li Xu's requirements, the greening rate of the community reached 60%. In addition to residential buildings, there are six garden villas and a series of supporting facilities, such as supermarkets, kindergartens, playgrounds, restaurants and other buildings.

The residential buildings are all six stories high, and there are only two sizes of houses: one is a three-bedroom apartment of 90 square meters, and the other is a two-bedroom apartment of 65 square meters, with separate bathrooms in the rooms.

Please note that the area mentioned here is the actual usable area and does not include the common area.

Except for the garden villas which are luxuriously decorated, the other houses in the community are simply decorated to ensure that you can move in right away.

The budget for the community was 20 million RMB, and Li Xu and Xu Xiangqian contributed the money according to their shareholding ratio.

From the 3.2 million yuan they spent on buying the land to the current 20 million yuan, Li Xu and his partner used RMB.

The two of them almost drained all the money earned by the fan factory and the shoe factory in the past two years.

After receiving the construction funds, the government immediately arranged for personnel to start work.

Li Xu and his colleagues were planning to tell their employees about this good news, but a sudden piece of news made them change their minds.

The news is that houses are being sold in the residential complex jointly developed by the local government and Hong Kong businessmen.

A total of 108 apartments were released, with a price of 2,730 yuan per square meter.

You read it right, and I wrote it right, this is indeed the price per square meter.

After hearing the news, Li Xu and others didn't know what to say.

Most of the houses in that community are two-bedroom apartments. Based on the area, the price of one house is less than 200,000 yuan.

Not to mention how many people can come up with that kind of money, even if someone can, he wouldn't dare to buy it.

The reason is very simple. The reform and opening-up policy has not been further confirmed yet. Not only are there very few people doing business here, but they are also doing it secretly. Faced with this situation, no one dares to show off their wealth.

Some people may say that this house might be prepared for Hong Kong businessmen here.

Calculated based on the ratio between square meters and square feet, this housing price is already half of that in Hong Kong Island.

But the problem is that the current Hong Kong Island is so different from here. Why don’t people who can afford this money add a little more to buy in Hong Kong Island, or buy a smaller house there without adding a penny?

Besides, if Hong Kong businessmen really want a house, they will definitely choose to build a single-family house here with less money.

People in the mainland would find such commercial housing strange, but they don’t.

In their eyes, a house with a separate door and courtyard is the best.

After research, Li Xu and his colleagues came to an answer: the price was set more to create an image that the house is expensive and good.

In this way, if rich people want to buy a house, they will definitely think of this place first.

From this, they also concluded that within a few days, the sellers would definitely announce that the houses had been sold out.

The reason they changed their minds was that they wanted to wait for the popularity of this community to spread, and then use this as a basis to tell employees about housing benefits, leaving people with the impression that Xiukang Group and Xu Group are good companies, and the Li brothers and Xu Xiangqian are good bosses.

The residential community that Li Xu and others want to build is very similar to other people's communities. Other people's houses are sold at 2,730 yuan per square meter, so it's not too much for them to sell them at 3,000 yuan per square meter, right?

Some people may ask, since the two communities are highly similar, why do you sell it at a higher price than others?

It's very simple. The first batch of houses in Li Xu's community will not be built until next year, so the housing prices next year should be higher than this year.

Of course, this price is for outsiders to see. It is the selling price to outsiders. If internal employees want to buy a house, it will not be this price.

Li Xu and his team didn't plan to make much money, so they just reduced the price they offered to outsiders by half, which was the price they offered to internal employees.

If an employee performs well, his salary can be further reduced.

They offer such a big discount, do you think the employees and outsiders will not praise them?

Li Xu's community has more than 1,100 apartments. One hundred of them are rented out to employees. Even if the remaining 1,000 apartments are sold at a price of 1,500 yuan per square meter, after deducting the taxes to be paid, they can still earn tens of millions.

Li Xu and his colleagues didn't care that internal employees could pay for houses in installments and that the money would not be credited all at once.

Because at that time they will take out some of the houses and put them up for sale. As long as they sell two or three hundred units, their capital will be recovered. For them, this is enough, and they don’t have to make any money afterwards.

Don't talk nonsense like money now is more valuable than in the future, or that if they don't make money they are losing money. Before the wage reform in 1985, the value of the RMB was very stable and was even slowly appreciating.

According to estimates, their community will be completed in two and a half years, and next year the authorities will send a signal of continued support for the reform and opening-up policy. By then, more and more people will come here to do business, and those who make money will become bolder and bolder. There is no need to worry about not being able to sell the houses. It is almost the same to worry about not having enough houses to sell.

What's more, there is a circle of shops outside the community. With these shops around, there is no possibility of losing money.

Just as Li Xu and his friends expected, all 108 houses were sold out in just three days.

This chapter is not over yet, please click on the next page to continue reading!

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