Chapter 201 Returning home in glory
Chapter 201 Returning home in glory
Thinking about such a super urban complex project.
Even if Fan Wumian cannot handle it himself, he can use his personal influence to attract others to cooperate in development.
Zhou Tiansheng was not worried about his big appetite.
Nowadays, many developers in the mainland, with a few tens of millions of RMB in their hands, dare to cooperate in groups of three or five to acquire land.
For example, last week, several non-local businessmen spent more than 4 million yuan to acquire a low-density residential land covering more than 6 square meters without blinking an eye.
It involves a huge wave of "performance".
Fan Wumian didn't need to worry about the initial land transfer fee being too high. After Zhou Tiansheng heard his concerns, he began to help find ways to reduce initial expenses.
For example, the shopping mall was compressed from four floors to two and a half floors, the hotel area was also halved, and the 400-meter high-rise building was temporarily reduced to 300 meters.
The reason for doing this is that, since construction will not start in the short term anyway, it is better to get the land first, and then make changes and modifications in the future and pay some additional land transfer fees.
The high or low land transfer fee is directly linked to the land's floor area ratio.
The price of developing a project with a construction area of 32 square meters on a land area of 50 square meters may differ by twice as much as that of developing a project with a construction area of 100 million square meters.
So a super skyscraper may only cover a few thousand square meters, but because its building area is so large, the land transfer fee is ridiculously expensive.
The residential area is expected to have a total construction area of about 30 square meters, including villas and commercial housing. Calculated based on an average floor price of 2500 per square meter, it will require about 7 million yuan.
In addition to the office buildings, shopping malls and hotels with a construction area of 60 square meters, the price is much lower than building a house, and it will cost about 8 million to 9 million yuan.
After listening to the rough calculation of the price.
Fan Wumian found that he seemed to have taken a big step, but if he gritted his teeth and made a down payment of about 20%, he would still have a chance to buy a car.
If the 70 square meters of villas and commercial housing with a 30-year property right are all converted into commercial and residential properties, the land price can be reduced by more than million yuan.
However, if we do not take advantage of the sluggish real estate market in the mainland and the relatively loose policies to find a way to adjust the land property rights period, there will be no chance to try to change it next time.
The ceiling price of a commercial and residential villa with a 50-year property right may be sold for 70 or million yuan in the future, while a villa with a -year property right may have the opportunity to be sold for or million yuan, which will directly affect future profits and the difficulty of external sales, making him a little bit of a choice-making problem.
There are too many things to consider. I'm worried about the pressure in the next two years after I acquire this land. If I take too big a step, I'll end up in trouble.
Although Fan Wumian was moved, he still didn't dare to nod easily, and made an excuse:
"I need to think about it again. Otherwise, I will make a decision after I finish filming A Quiet Place 2 and cash out a large sum of cash. If I have another to million US dollars, it will be easy to get the land."
Recently, Ping An Group is considering acquiring land to build a skyscraper over 600 meters in size, with a construction cost of nearly billion yuan.
It's a pity that the matter was discussed directly with the higher-ups, so Zhou Tiansheng would not receive any benefits.
Afraid of missing out on the largest investment attraction project since he started working, Zhou Tiansheng gritted his teeth and continued to urge:
"From making a plan to submitting an application, stamping and modifying the city planning map, the whole process will take at least half a year. If there are problems with funds in the short term, how about paying a small deposit first and then paying the land transfer fee a year later?"
Fan Wumian said sadly:
"I really need some time to think it over. I just came here for a walk, and suddenly we negotiated a land acquisition project worth more than 10 billion yuan. My mind is a bit confused now."
Actually, it’s not too messy.
At this price, if you acquire such a huge piece of prime land, you can make huge profits with your eyes closed in a few years.
Let’s not mention anything else.
If the money from selling the houses is used to fill the funding gap in building skyscrapers, shopping malls and hotels, there may be a chance to make a profit without doing anything and make a net profit from commercial real estate projects such as office buildings, shopping malls and hotels.
However, although there is profit, one still needs to consider which side has higher profit compared to investing in other projects.
If you take out a loan to buy land and the down payment is only 2%, it is equivalent to a 5-fold leveraged investment.
However, stock trading can also be leveraged, and the profits are not low.
If he signed the contract first, occupied the position, went through the process slowly, and then paid the land transfer fee after one or two years, in Fan Wumian's eyes, there would not be much financial pressure.
Take a step back.
If it really doesn't work, you can still reap the benefits of rising land prices first, and then find someone to cooperate in development, or directly sell part of the land.
He clearly remembers that before the 2008 Olympic Games, there will be a round of price increases in the mainland, and it should be no problem for land prices to increase by one or two times.
Considering the scale of this super city complex project, it will bring in at least 20 to 30 billion in book profits in two to three years. Excluding the interest on bank loans, the initial capital required is only 300 to 400 million.
In just two or three years, without considering taxes and loan interest, the invested capital has the opportunity to increase in value by about 10 times, which is why Fan Wumian was excited.
Zhou Tiansheng smiled bitterly and said:
"If it really doesn't work, how about taking a few less plots of land? Or you can go back to Hong Kong City and ask the neighbors around Repulse Bay, such as the richest man Li Chaoren, if they are willing to cooperate with you in the development. This little money is not a big deal for them."
Another seven or eight years will pass.
Whether selling residential houses or office buildings, you can make billions of dollars in profits with your eyes closed.
Holding a large number of Penguin shares, Fan Wumian is confident about his future. He thinks there will be no problem with funding if he delays the development for a few years.
He looked at Deputy Director Zhou and asked:
"One year after the approval, the land transfer fee will be paid, and the total price will be around 15 billion yuan. In addition, a clause allowing reasonable modification of the land plot ratio will be added to the contract. Is there any problem with this?"
"Of course there is no problem. As long as the promised investment is in place, these can be discussed. I like changing the land plot ratio the most. It means that the land has already been sold and I can earn more land transfer fees. No one will stop such a good thing."
Zhou Tiansheng struck while the iron was hot and added:
"Generally, within six months after signing a land transfer contract, if the plot ratio is increased with approval, the land price for the additional transfer fee will be calculated based on the land transfer price. If the plot ratio is increased after six months, the land price will be based on the market price at that time."
"The recent land transfer prices and the average prices of residential and office buildings sold in the market have been steadily increasing. If there are new plans or new documents issued in the surrounding area, you will have no chance to get it by then."
"The relaxation of the land acquisition agreement is only to get out of the difficulties in the short term. Once the property market really picks up, it will be tightened again at any time, and the land sales method that bypasses bidding, auctioning and listing will not be allowed at all."
"I'm actually taking a big risk in helping you get such a large piece of land for a villa. I really just want to take this opportunity to boost market confidence and revitalize other land nearby."
In June 2005, Shenzhen was not yet the prosperous metropolis that people imagined it to be.
Within a few kilometers around the land that Fan Wumian has his eyes on, there are still a lot of vacant land and old buildings, which need an opportunity to revitalize them.
A huge urban complex project has the opportunity to revitalize the entire region. Therefore, Zhou Tiansheng felt that as long as Fan Wumian invested enough money, there was a great hope of helping to obtain the "agreement transfer" land, and the land price could be much cheaper than others.
It’s not that preferential support is only given to foreign investment.
If there is any domestic developer who dares to spend tens or hundreds of billions to acquire land and then promises to use 65 billion yuan to develop an urban complex project here, Zhou Tiansheng will also be happy to help coordinate.
pity.
Most local companies are short of funds and only like to make quick money with high turnover. They are not good at spending several years and patiently working on a project like Hong Kong developers.
The inspection is completed.
Fan Wumian's mind was a little confused. The root cause was that he didn't know enough about the real estate industry, so he couldn't fully evaluate the potential rate of return.
You need to find some knowledgeable experts to help you assess the costs and ask how to avoid certain risks.
but.
Because he could wait a year after the approval and signing of the contract, and then pay the land transfer fee, he also felt it would be a pity not to act now.
Let’s not think about this for now.
On the introduction of Pu Jiajing and Lan Li, he went to eat the Zhezhe pot, which contained soft-shelled turtle, rooster, potatoes, garlic sprouts, etc. It tasted very good.
After eating two bowls of rice, Fan Wumian was being watched by everyone.
Assistant Pu Jiajing was really curious, so she wiped her mouth and asked:
"They promised to invest 10 billion yuan in 65 years, otherwise the undeveloped land would be taken away. Do you think this business is viable? I feel that even if you are the boss, you can't afford this big project."
Fan Wumian shook his head and said:
"As long as you bet on the appreciation of land prices, you can mortgage the land and borrow bank funds for development. Real estate developers like to spend 1 yuan as if it were several yuan, without having to pay too much real money."
"Change your thinking. As long as the land price goes up, I can use the land as a share and directly find a capable partner to help with the development. I only hold a portion of the shares, which is equivalent to getting something for nothing."
"These are not my concerns. I am just wondering if I really want to buy it."
If you apply now, it may take half a year to pass the review and sign the contract, and another year after that to pay the land transfer fee.
This means that in the short term, Fan Wumian can still use the money he has on hand to invest and make money.
If you are lucky enough.
Perhaps in this year and a half, Penguin stocks will skyrocket in value by one or two times, earning back the funds needed to pay the land transfer fee.
Having lived in Hong Kong for more than half a year and having a girlfriend whose family is in the real estate development business, Fan Wumian has been influenced by this industry for a long time and has begun to develop a strong interest in this industry.
After thinking about it, I still like it.
Anyway, I don't need to pay too much money in the early stage, so I don't worry about it anymore. Fan Wumian continued:
"I'll find a few companies in the afternoon. I need to form a team to help me negotiate with the authorities and understand the details. It may not be the most promising project, but I think it will be very exciting."
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We stayed in Shenzhen for two more days and the negotiation process went very smoothly.
Zhou Tiansheng had to be eliminated.
A more influential person was brought in to communicate with Fan Wumian.
Even if we can negotiate such a large piece of land at a low price, it will probably take a long time before construction can officially begin. The entire development cycle may be as long as 15 years.
In the short term, there is no other way to go about it except financial management, as the capital chain is already stretched tight.
Fan Wumian was not worrying too much.
The serious thing is to continue to stay in the entertainment industry, make more cash and ease the financial pressure.
therefore.
He started to run around to promote his new album "Sleepless Night", hoping to sell more than one million copies of his inventory as soon as possible.
This new album contains more than 20 songs in total, all of which are popular original ringtones. Many stores started playing them on loop all over the streets as soon as they bought them.
Due to its strong performance, many media and netizens have praised "Sleepless Night" to the sky, so it actually does not need to worry about sales.
"Those Years" was just finished filming and is currently undergoing fine editing. The crew of "A Quiet Place 2" is also already in preparation. After Lu Hao finishes filming "Crazy Stone", he will continue to serve as Fan Wumian's assistant director.
Thinking that there is a group of newcomers under my command and there is no work for the time being, they can only go to other crews to play supporting roles.
Fan Wumian finally remembered and continued to launch several new film and television projects.
When he came to Shanghai and participated in a talk show, he unexpectedly received a call from Tsunako, the owner of Deyunshe.
The other party on the phone told me:
"Mr. Fan, I've been invited to perform in Tianjing next week. My fellow countrymen are very enthusiastic and support me. We've sold more than 3,000 tickets at once. Can you please take the trouble to support me? I feel this is an opportunity. If we promote it well, maybe Deyunshe will become more popular."
At the beginning of the year, I gave Gangzi an investment. Fan Wumian is now also a shareholder of Deyunshe. After listening to this, he smiled and said:
"That's amazing! You're returning home in glory. Send me the specific date later so I can see if you have arranged your schedule. It's hard to say for now. If you don't have time, I'll invite other celebrities to participate and arrange for them to go over and help with the interview."
"Hey! That's fine. Now Deyun Society has opened two small theaters in Tianqiao and Dazhalan, but there are too few apprentices who can support the scene."
Tsunako continued in a polite tone:
"I have another favor to trouble you. If there is a chance next time, can you let my disciples show their faces in some film or TV production? Crosstalk performers cannot compete with big stars. It is too difficult to make a name for yourself. Sometimes I wish I could split myself in half. Many audiences come just for me."
Although Fan Wumian does not perform crosstalk, he invested real money into it, which also helped Gangzi gain a lot of popularity.
If he hadn't invested in Deyunshe, he might not have become famous so quickly. So Gangzi, who didn't understand the reason, was really grateful to Fan Wumian for helping him at the beginning of the year and didn't blame him for just giving money but not putting in any effort.
After all, Fan Wumian helped Deyunshe advertise and made a few shouts, which was equivalent to "changing his fate" in Gangzi's eyes.
a piece of cake.
He agreed on the spot over the phone. Fan Wumian was worried that the apprentices would not be able to make money and would cause unhappiness in the future, so he asked about the next arrangements.
Tsunako's idea is simply to give a guaranteed salary while giving bonuses based on the number of appearances and ability.
He suggested again on the phone that if they get advertising endorsements or go to other places for commercial performances, they should give some commissions like celebrity management companies do, to avoid making some apprentices famous and causing unrest among the people.
(End of this chapter)