Chen Rui said that Li Dong was eager to prove himself and that he would definitely spend money quickly.

Chen Rui is not wrong in spending money.

Li Dong left Jiangbei on the 27th, and his first goal was to Shanghai Stock Exchange.

Compared to spending money, how can you spend money in the Shanghai Stock Exchange get faster?

Opening a distant city in a prosperous area of ​​the Shanghai Stock Exchange, you can invest billions or tens of billions of dollars, which is not false at all.

Moreover, since Yuanfang Supermarket has integrated Carrefour, it also needs to have a benchmark banner building in the Shanghai Stock Exchange.

Other places can be slow down, but several municipalities directly under the central government cannot be slow down. The sooner the business is, the more helpful it will be to the distance.

...

Shanghai Stock Exchange.

In the second half of 2008, the land trading market in Shanghai was extremely deserted.

Since March, land prices have been falling. Compared with 2007, the decline generally exceeded 10%, and the highest was even more than 30%.

Even with the price reduction measures, the land launched by the Shanghai Stock Exchange has been continuously delisted, and more and more land parcels have been delisted.

On March 1, the Shanghai Stock Exchange land trading market officially opened, and the premiere on April 8 was coldly accepted. The 8 pieces of land launched on the same day and 2 pieces of land were lost.

In 2007, such a thing would not have happened at all.

In 2007, no matter what kind of land you launched, no matter the location, no matter how traffic, as long as it was on the auction, there would be people asking for it, and money was not money at all at that time.

This year, with the further impact of the economic crisis, the proportion of land auctions has become increasingly large. From the beginning 25%, to now, almost half of the land launched in the Shanghai Stock Exchange will have a loss of bid.

In addition to the failure to sign, there are also storms of retreating land.

Last year, Zhicheng Group won the land king of Putuo for more than 1.1 billion yuan, and this year, Zhicheng gave up a deposit of 30 million and wanted to refund the land.

In the past year, this land has not only not increased its price, but has fallen a lot.

On the day when Li Dong came to the Shanghai Stock Exchange, the plot was relisted with a reserve price of 760 million yuan, but no one cared about it.

In addition to Zhicheng's retreat, Suning also recently withdrew the land king of Shanghai Stock Exchange, 163, Nanjing East Road.

Last year, Suning won this land at a sky-high price of 4.4 billion yuan, with a construction area of ​​only more than 60,000 square meters and a floor price of up to 67,000 yuan per square meter.

But this year, land prices have plummeted. According to professional estimates, the decline in this land may be as high as more than 30%.

In other words, the value of the 163 plot may be only about 3.2 billion yuan when auctioned again.

After so much fall, Suning certainly doesn't want to.

Suning and the Shanghai Stock Exchange government have negotiated many times, and even Zhang Jindong himself has come forward to discuss. In the end, after "friendly negotiations", Suning has withdrawn from the land.

The outside world did not disclose what price Suning paid for this, but Li Dong and Zhang Jindong had a good relationship and were both members of the alumni association. Naturally, they understood how much price Suning paid.

After doing nothing, Suning finally got rid of the land after a year of loss of 200 million yuan.

Zhang Jindong often cried in the group those days, but compared with the drop of more than 1.2 billion, the loss of 200 million is enough, and at least he didn't lose to his grandma's house.

After this series of bidding and land withdrawal incidents, major real estate developers now dare not blindly acquire land in the Shanghai Stock Exchange.

The decline is so big, and the commercial land has dropped even more, generally around 30%. Who would dare to spend a lot of money at this time to acquire land in the Shanghai Stock Exchange?

I spent 1 billion last year, but this year I only worth 700 million. Next year, if it drops by 30%, it will only be less than 500 million.

No matter how rich you are, no one dares to bet like this.

Therefore, the land transactions in the Shanghai Stock Exchange are extremely deserted this year, and the Shanghai Stock Exchange Government is also a bit overwhelming.

On the one hand, selling land is one of the government's financial sources.

On the other hand, it is also to improve urban construction. If there is no one to develop the vacant land, how can the urban economy develop?

This year, the Shanghai Municipal Government expects to develop more than 3 million square meters of commercial residential land. In fact, as of now, September is about to enter, and the newly developed commercial land is only about 1 million square meters.

By the end of the year, it is likely that only about half of the government planning will be completed.

At this time, the developers are no longer in a hurry, and the citizens who buy houses are no longer in a hurry. The government is really anxious.

Not only did the plan not be completed, but the economy also suffered a heavy blow. Several leaders in the Shanghai Stock Exchange were almost blew their heads because of this.

And just at this moment, Li Dong came to the Shanghai Stock Exchange!

There are also heard of the 50 billion Far City plan in the distance.

When they heard Li Dong take the initiative to interview the government, the two sides hit it off.

Acquisition of land in the distance has always been quite stingy, and it can often be hundreds of thousands of square meters. One distance can match dozens of real estate developers.

Especially in the above context, if Yuanfang can really invest in the construction of Yuanfang City in the Shanghai Stock Exchange, just one Yuanfang may be able to complete 20% of the Shanghai Stock Exchange government's plan.

Stimulated by the distance, perhaps the Shanghai Stock Exchange government can really complete this year's task in the future.

With everyone in the government almost despair, the arrival of Li Dong from afar was like a dose of heart-warming agent, which made everyone see hope and cheer up.

When Li Dong met with senior executives of the Shanghai Stock Exchange, he talked about the plan for the Far East City.

The Shanghai Municipal Government was very proactive and immediately gave a few plots suitable for building a Yuanfang City for Yuanfang to choose from.

Moreover, the government promises to achieve three connections and one level, and if demolition is needed, the government will be responsible.

In the past, how could this be treated?

No matter how strong the real estate developers are, they must be properly acquired from the land trading market and participate in the auction.

But now the land trading market is deserted, and even if it is auctioned, no company is willing to take over, especially the bulk land, which is of amazing value, and few people dare to spend money at this time.

Several pieces of land provided by the Shanghai Stock Exchange Government belong to the center of the business district.

As the first business district in Shanghai, Nanjing East Road is naturally considered.

The plots taken out of the Shanghai Stock Exchange are the plots 163 that Suning just returned not long ago.

Li Dong thanked Bumin for this land.

Even though the reserve price given by the Shanghai Stock Exchange is only 3.6 billion yuan, which is as much as 800 million lower than when Suning acquired this land last year, Li Dong didn't consider it.

On the one hand, the construction area of ​​this land is indeed too small, only more than 60,000 square meters. It is okay to build a shopping plaza, but it is completely impossible to build an urban complex.

On the other hand, according to the current market price, it would be good if this land could be sold for 3.2 billion yuan, and Li Dong doesn't want to buy it.

This land has little potential, even if it is 3.6 billion yuan, the floor price will be nearly 60,000 yuan per square meter.

Once the construction is completed, it will not be cost-effective if it is not sold for more than 80,000 yuan per square meter.

At such a high reserve price, the future increase will not be too large.

Even if Li Dong wants to spend money, he will not spend it on it.

In addition to Nanjing East Road, there are also some good land in the center of Wujiaochang and Xujiahui, which are also recommended.

After last year, once such a plot was taken out, it would probably cause crazy robbery.

But this year, let alone grabbing, unless the Shanghai Stock Exchange is willing to split up and sell small pieces of land, otherwise few people will be moved.

On the Wujiaochang, because Wanda Plaza has been opened, the land provided by the government is not far from Wanda. At such a close distance, it is obviously not cost-effective to open the two urban complexes at the same time.

In the end, Li Dong picked the land in Xujiahui.

The construction area is as high as 400,000 square meters, which is more in line with Li Dong's expectations.

Xujiahui is also one of the most prosperous business districts in the Shanghai Stock Exchange. It passes through many subway lines, plus several lines that have not yet been opened to traffic, a total of more than five subway lines pass through this area.

The reserve price given by the Shanghai Municipal Government is not too high, because urban complexes include residential, office and commercial use.

It was not a simple commercial land use, but in the end, the Shanghai Stock Exchange Land and Resources Bureau and the land trading market jointly gave a base price of 6 billion yuan.

The average floor price is 15,000 yuan per square meter, which doesn't look high, but it's actually not low.

House prices suffered a heavy blow in 2008. The average price of residential buildings in Xujiahui is only about 14,000 yuan.

The average price of shops is not too high, and the prosperous areas are only less than 30,000 yuan, and some slightly off-the-spots are only about 20,000 yuan.

Yuanfangcheng is a commercial and residential business. According to the price given by the Shanghai Stock Exchange and construction investment, if the housing prices remain the same in a few years, you will be able to get back the capital at most.

However, for Li Dong, the price is not too expensive.

Even if calculated based on the ratio of 50% of the land cost, the cost price after completion is less than 30,000 yuan per square meter.

Of course, in fact, if you don’t use so much, the land will always be large, and the cost price after completion will be at most 20,000 yuan per square meter.

In the next few years, the housing prices in Xujiahui will increase significantly.

It is generally above 40,000 yuan per square meter, and it is normal for the height to reach 100,000 yuan.

With the help of the distant city, as long as the nearby flow of people and economy can be driven, it will not be difficult to triple the cost compared to the cost, and it will not take more than 8 years.

Li Dong calculated the calculation clearly. This time he acquired the land not only to plot against Han Yu and others, but also to make money by himself.

Li Dong's purpose is to make money.

He hadn't reached the point of being generous yet, and he had received tens of billions of dollars, just to simply calculate a few villains.

Li Dong's plan is that even if Han Yu and the others don't get into the trap, they can make a lot of money on it.

Although the price of 6 billion yuan was not too high, Li Dong did not agree directly and gave a price of 5 billion yuan on the spot.
To be continued...