Page 903
Page 903
For He Yuzhu, this project is like a pearl shining with the light of hope and is of vital importance.
He took great pains to select the site for the project. After extensive investigations and comprehensive consideration of factors such as transportation, environment, and development potential, he finally decided on this piece of land.
During the planning stage, he discussed repeatedly with the professional team, striving to make every detail perfect. From the layout of the buildings to the greening planning, they all underwent countless revisions and improvements.
When it comes to the selection of building materials, he is extremely strict, personally conducting market research and comparing the quality, price and environmental performance of various materials, just to provide buyers with the best quality housing.
There must be no mistakes in the formation of the construction team. He selected an experienced and skilled construction team to ensure the smooth progress of the project. He personally supervised every link, strived for perfection, and went all out to create a high-quality property.
The real estate projects developed by He Yuzhu adopted a pre-sale system, which was like a huge rock thrown into a calm lake in the Tuen Mun area at that time, causing huge ripples.
Moreover, no other company in the entire Tuen Mun area has carried out similar innovative developments. Only his company is the leader and has a unique advantage. It seems that it is a pioneer in this real estate field and is leading a new trend.
These newly built buildings are all 11 stories high, and they stand out majestically against the backdrop of the surrounding low-rise buildings, like giants standing on this land.
The building is not only equipped with an elevator to facilitate residents going up and down the stairs, making people's travel easy and convenient, but also has a stylish and modern design, with smooth and natural lines, a novel and unique appearance, and is full of modern charm.
Compared with those self-built houses in rural areas, these buildings appear much more high-end and grand, and there is a world of difference between them both in terms of architectural style and supporting facilities.
Each building is laid out in a grid pattern, with 8 units in total. A total of 9 such high-rise buildings were built, with a total of 792 units.
Each unit averages 600 square feet, offering spacious and bright living areas with excellent natural light, allowing sunlight to flood every corner of the room without obstruction.
The room layout is reasonable and the functional areas are clearly divided, making it very suitable for living. Whether it is a family of three, they can enjoy warm parent-child time here, or three generations living together, the whole family can share family happiness here. Everyone can find their own warm space here and feel the warmth and comfort of home.
Tuen Mun is a place with a relatively remote geographical location, far away from the hustle and bustle of the city, and it seems like a peaceful paradise.
Because of this, land prices are naturally cheaper.
The cost of building a house at this time is relatively low, so the building area can be made larger, providing residents with more spacious living space.
After all, this is a remote corner of the countryside. The government pays little attention to it and there has been basically no large-scale development. It still retains its original appearance and has a unique rural charm, which is in sharp contrast to the prosperity of the city.
Compared with Kowloon and Hong Kong Island, the housing prices in Tuen Mun are a world apart, only one-third of that there.
In this way, the selling price of each house will not be too expensive, approximately between 40,000 and 45,000 yuan.
This price is still quite attractive to many people who work hard in the city, dream of owning a home of their own, but are blocked by high housing prices and struggle to buy a house. It is like a ray of light suddenly shining in the darkness, allowing them to see the hope of realizing their dreams and rekindling their yearning for a better life.
As soon as these houses were launched, there was an extremely enthusiastic purchase, as if a buying frenzy had swept across the country in an instant.
Chong Hing Bank keenly captured this business opportunity, and like a hound with a keen sense of smell discovering its prey, it quickly set up a business branch in Tuen Mun and jointly launched a housing loan business with the developer.
Homebuyers only need to pay a 30% down payment to easily obtain a mortgage loan, which greatly lowers the threshold for homeownership and makes it possible for more people to realize their dream of homeownership. It gives those who previously could only dream of owning a house the opportunity to have their own cozy little home.
What’s even more attractive is that if the home buyer is an employee of He Yuzhu’s company, he or she can even enjoy the preferential policy of zero down payment and buy a house directly.
Such generous conditions naturally attracted enthusiastic pursuit from local residents of Tuen Mun. They signed up enthusiastically, hoping to seize this rare opportunity to improve their living environment.
Not only that, even many people in the Yuen Long district in the north heard the news and rushed to Tuen Mun to buy houses as if they had heard a rally call.
People in Yuen Long District are also eager to improve their living environment. These newly built buildings in Tuen Mun are extremely attractive in terms of price, house type and supporting facilities. They are like a shining magnet, attracting people from surrounding areas.
In contrast, Yuen Long District is less developed, with relatively weak infrastructure, bumpy roads and underdeveloped public transportation.
The houses are old and many buildings have been through the ravages of time and appear dilapidated, even worse than Tuen Mun.
At present, the authorities' development focus is mainly concentrated in Kwun Tong District, Mong Kok and other places. These places have prosperous businesses, high-rise buildings and large traffic flows. They are the core areas of urban development and are full of vitality.
As for the development plans for Tsuen Wan, Sha Tin and other places, they are still in the planning stage. The lines on the drawings have not yet been transformed into real skyscrapers. Everything is still just a beautiful blueprint, waiting for time to slowly realize.
The reason why Ho Yu-chu was able to develop Tuen Mun ahead of time was entirely because of his unique vision. When no one else was aware of the potential of this land, he was like a keen explorer who was the first to discover the treasure hidden deep inside.
With his keen insight into the market and decisive decision-making ability, he resolutely devoted himself to real estate development in Tuen Mun.
However, others turned a blind eye to this and did not realize the value of Tuen Mun at all. They still lingered in the traditional way of thinking and missed this rare development opportunity.
Because of this, He Yuzhu's project immediately caused a sensation as soon as it was launched, as if a blockbuster bomb exploded in the real estate market.
It not only attracted local customers in Tuen Mun, but also people from Yuen Long District came here to buy houses.
The house-buying site was bustling with people. People came from all directions like a tide, hoping to seize this rare opportunity to buy a satisfactory house for themselves and their families and start a new chapter in their lives.
In order to further promote sales, He Yuzhu also ingeniously introduced a replacement method.
As long as the land and houses are in the Tuen Mun area, they can be sold to Ho Yu-chu at a certain discount.
The seller can then choose to take the cash to meet their financial needs or exchange it for a new property to improve their living conditions.
This flexible trading method gives sellers more choices and meets the needs of different people. It is like opening a door to a new life for people, allowing them to make the most suitable choice based on their actual situation.
Although He Yuzhu gave everyone two options, in reality, as many as 90% of people chose without hesitation to exchange their old houses for brand new ones.
After all, such opportunities are rare, who doesn’t want to live in a better house?
Old houses often have various problems. The space is small, making life in it cramped and depressing for a family; the facilities are outdated, and many equipment are outdated and cannot meet the needs of modern life; the environment is poor, the surrounding sanitary conditions are poor, and there is insufficient greening.
Chapter 661 Development of Tuen Mun
These newly built buildings in front of us have spacious and bright rooms, with sunlight pouring in freely, making people happy; they are equipped with all kinds of modern facilities, whether it is smart appliances or convenient elevators, which can bring great convenience to life; the beautiful community environment, with green trees and flowers, is like a quiet garden. Compared with the old houses, the difference is obvious and one can see the difference at a glance.
In order to attract more people to participate in the exchange, He Yuzhu also offered a special discount of 1:1.3.
This means that sellers can exchange their old houses for higher-quality properties at a relatively lower price. For example, a 100-square-meter old house can be exchanged for a 130-square-meter new house according to this ratio, resulting in a significant increase in the house area and a more spacious and comfortable living space.
How can people not be tempted by such huge benefits?
It seems like a good thing that has fallen from the sky and is placed in front of everyone. No one wants to miss this great opportunity to improve their lives.
In this way, through this clever exchange method, He Yuzhu successfully exchanged for a large amount of land and real estate.
The accumulation of these resources has undoubtedly laid a solid foundation for his future development, as if adding bricks and tiles to his career building to make it more stable.
The land and real estate in his hands are like precious treasures, containing unlimited potential, waiting for him to explore and develop. In the days to come, these resources may bring him more generous returns, helping him to continue to overcome difficulties in the business field and create more glory.
At the same time, the general manager of the construction company, Ma Dezhong, also gave He Yuzhu the latest report.
According to him, the project has launched a total of 792 units, of which more than 300 have already been sold.
During the sales process, the salesperson introduced the house types to the customer in detail, from the cozy layout of the two-bedroom to the spacious and comfortable three-bedroom, and explained the characteristics of each type clearly;
In terms of supporting facilities, from advanced elevator systems to complete security facilities and beautiful green areas, they are all presented to customers one by one;
The surrounding environment is not neglected either. The location and convenience of nearby schools, hospitals, shopping malls and other living facilities are informed in detail, so that customers have a comprehensive understanding of the house and thus facilitate the transaction.
In addition, more than 200 properties were sold through land swaps. Many residents saw the advantages of swapping and, after comparing the huge differences between their old houses and the newly built buildings, they actively participated.
The company has fully considered the actual needs of employees and launched an extremely attractive loan policy for home purchases.
With the support of this policy, more than 100 housing units were acquired by employees through loans.
The employees truly felt the generous benefits provided by the company. This tangible care greatly inspired everyone's enthusiasm, and more and more people eagerly joined the ranks of homebuyers, happily planning a warm and stable future for themselves and their families.
To date, the project has achieved remarkable sales performance, with a total of 714 units sold, and sales data showing a steady upward trend.
This achievement demonstrates strong market demand for the project. The newly constructed buildings precisely meet consumer expectations in terms of design, construction quality, and surrounding amenities, earning them high market recognition and widespread favor among buyers.
However, in reality, the 20 apartments reserved for high-rise buildings in this batch of housing units have been separated and excluded from the list of available units.
Excluding this special reservation, there are only a few dozen houses left for sale.
These remaining houses immediately became the focus of everyone's attention. Residents in the community, surrounding real estate agents, and even some passers-by paid special attention to them.
People often get together to discuss and guess what kind of people will become the new owners of these houses, and look forward to these empty houses becoming lively and filled with warm families in the near future.
After the sales report was completed, the tense atmosphere in the meeting room eased a little, like snow under the warm spring sun.
Ma Dezhong pushed the pair of black-framed glasses on his nose, and the metal frame flashed a faint light under the light.
He raised his hand and coughed twice to clear his throat, then in a calm and slightly majestic tone, he began to move on to the next important topic - introducing the various costs.
"So far, some buildings in our project have successfully completed the roofing work."
"If you have the opportunity to visit the construction site, you will see colorful flags fluttering in the breeze, workers moving around, and the roar of machines, which is very lively."
"As far as the current progress of the project is concerned, all work has already passed the halfway mark, and the overall progress is very smooth, fully in line with or even exceeding the expected plan."
He paused slightly, and his eyes, like a searchlight, slowly swept over everyone present. There was scrutiny in his eyes, as well as confidence in the project's results.
He then went on to say, “It’s worth noting that the specific construction costs are not much different from what we had previously estimated.”
"Every brick we purchase is carefully selected for its hard texture and uniform color, and every bag of cement is strictly checked for its grade and quality. Every expenditure is under our strict control."
"After the finance department colleagues worked day and night and made meticulous calculations, the total construction cost of a single house, including raw material procurement, labor costs, equipment rental, and other related costs, amounted to as much as 3.2 yuan."
When discussing the sales price, Ma Dezhong became focused, carefully flipping through the neatly arranged stack of documents in his hand. He cleared his throat and said calmly, "Based on rigorous calculations and detailed sales data, the average selling price of our project's houses is 4.3 yuan per square meter."
"This figure is significant. It can be clearly seen from the difference between cost and selling price. For every house sold, after deducting all explicit and implicit costs, we can make a profit of 1.1."
"This profit is not simple. It's like a farmer working in the fields all year long, enduring the wind and sun, carefully watering the crops, and toiling away. Finally, the autumn harvest arrives. The heavy, plump fruits plucked from the fertile fields are real. Holding them in your hands and seeing them with your own eyes brings you great satisfaction."
"I must emphasize that the profit mentioned here is the net profit after deducting all costs. Every penny is clear and there is no water or adulteration."
“From the very beginning of our project planning, we determined that there would be a total of 792 houses. Among them, 20 houses were reserved for various reasons. The sales of the remaining houses have been going well, and the total profit has been accurately calculated to be just over 800 million.”
"This money, like unexpected windfall after our team worked together to overcome difficulties, has landed firmly in the company's pocket. It's like a perfect report card, a beautiful answer to our hard work and efforts day and night during this period."
At first glance, this profit of 800 million might seem like a trivial matter to wealthy and powerful entrepreneurs who frequent high-end business venues, manage projects worth hundreds of millions, and are used to grand occasions.
They are used to making waves in the capital market, and the fact that they have only gained this little profit in half a year is really not something they would pay attention to, and it seems not good enough.
But if we change our perspective, delve into the details of He Yuzhu's project, and analyze the funds he invested, we will find that there is something else going on.
The construction of a house requires a significant investment of money at every stage, from the excavation of the foundation and the procurement of building materials to the expenses of the construction team. The total cost is 3.2 yuan.
The entire project encompasses many aspects, including land acquisition, construction of multiple buildings, and development of supporting facilities, with a total investment of 2535 million yuan after calculation.
radicalducati