The Ambitions to Conquer the Official Career -
Chapter 134 Li Family’s Big Move
Chapter 134: Chapter 134 Li Family’s Big Move
Ji Yang arrived at Qian Huifang’s villa and saw that Qian Huizhen was also there.
After welcoming Ji Yang into the house, Qian Huifang said, "There’s something I’d like to ask for your advice on."
"What is it?"
"The Li Family’s real estate company from the provincial city approached me. They’re willing to buy our entire real estate project, including the second and third phases, for two billion yuan. The debt from the loans would be transferred to them as well."
Ji Yang said, "The first phase consists of 500 units, and they have a thousand units for the second phase, right?"
"Yes, the third phase is just a plot of land. Considering our original land acquisition and construction, we would indeed be selling at a premium with that amount of money."
Qian Huizhen said, "Given the situation here, there will definitely be a certain rise in value over time, and this place has a lot of potential for growth."
Qian Huifang said, "Based on the current market price, a single unit is around 250,000 yuan. If the entire first phase were sold, that would bring in over 1.2 billion yuan. The second phase has a thousand units, which could be sold for 300,000 yuan each when the time comes, bringing in another three billion. The third phase hasn’t started yet, but it should also have about a thousand units. If developed, that could mean another three billion. The value is around seven billion in total. Of course, after deducting costs and such, three to four billion would also be reasonable, assuming prices continue to rise."
"How do they intend to proceed?" Ji Yang became curious.
"I heard they want to develop a high-end residential area, so the next step would surely see a significant increase in value."
At this point, both women turned to look at Ji Yang.
Ji Yang said, "Sell it to them. The families that have come this time are quite powerful. Besides, most of the first-phase units have nearly sold out, and their main interest lies in the development of the second and third phases. Together, you have made a good profit."
Qian Huifang nodded and said, "That’s what I was thinking too. To be honest, if we were to develop it ourselves, we likely wouldn’t have enough capital."
Qian Huizhen said, "I also think it’s about time. Plus, the money we made from the earlier phase, we’ve earned over two billion here, which is not bad considering the costs we’ve invested."
Ji Yang said, "Negotiate with them further, try to secure a little more profit from this project. Of course, a two-billion-yuan profit is already pretty good, I think."
"If that’s the case, there wouldn’t be much left for us to do. Several real estate firms have come here, and I hear they’re all conducting various assessments. I had my eye on Wushu Village, but all the land there has already been taken."
Lately, a few young heirs had been stirring things up. Wushu Village had become their focus, and so had the county government’s location; they regarded it as a key development area and brought in substantial investments.
In all of these matters, there wasn’t much Ji Yang could do; his primary contribution was the establishment of the community service center.
The community service center was now managed by Chu Chunhua. She was quite capable, having previously been with Chu Shuyuan, and now was part of the Chu faction.
Qian Huizhen sighed and said, "Actually, we could have made a bit more. But we don’t have the right connections and can’t compete with them. It’s good they are willing to pay this much. If they didn’t want to pay, and used some unique methods, we might not be able to keep up."
Ji Yang said, "You don’t have to worry about that. Many eyes are now on this place; they wouldn’t dare to mess things up. Causing trouble would bring them trouble. That’s one reason they’re willing to spend the money. You can negotiate with them again; if you can get a bit more, then do so. Having the money in hand, you can invest it in the next suitable opportunity."
Qian Huifang laughed and said, "We’re really counting on you."
Turning to look at Qian Huizhen, Ji Yang felt they had laid everything out.
Indeed, Qian Huifang gave Ji Yang a pointed look and said, "Everyone knows about what’s between us by now. You don’t need to be concerned. After all, it’s just a fact of life, and we’re not going to look for other men after being with you."
Qian Huizhen smiled at Ji Yang, "My sister is right. Now that we’re all one family, many things are easier to handle. We have you to discuss matters with. We just hope you’ll continue to do well."
"If I don’t do well, would you leave me?" Ji Yang asked with a smile.
Now that things were out in the open, he was less concerned and could joke around.
"Come on, those twenty million you made this time is not a small amount. How many people can have that much? Say, did you invest in the stock market?"
"How did you know?"
"Do we even need to inquire? Everyone’s saying you’re bound to lose money. With so much put in, you’d be lucky to get one-third back."
Qian Huizhen added, "I wanted to talk to you about that too. The domestic stock market is a pitfall, very unfriendly to ordinary people. So many invest, but few make money. It’s probably only slightly better than the lottery. Don’t lose out."
Ji Yang said, "I’m not expecting to make a quick buck anyway. Since I have nowhere else to put the money, I just bought shares in a state-owned enterprise. That stock has fallen to just under two yuan. It can’t fall much further, and it’s not a losing stock. If there’s a good trend, it might just go up."
After considering for a moment, Qian Huifang turned to look at Qian Huizhen, "I think Yang’s idea isn’t bad. We don’t need the money in the short term. Why don’t we also invest in the stock market? We use it as a sort of savings, just like he did. It can’t fall much further, and if it increases, we might make money."
Qian Huizhen laughed, "My sister has a point. I think Yang’s idea is good. Once the money is in place, we’ll do just that."
After finishing their conversation, the three of them went to prepare the meal.
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