Chapter 1008: Chapter 1008: Su Family Successfully Wins the Auction
Li Yu grew up in the Chinatown of the United States, and now the United States is the most developed and technologically advanced country in the world. Influenced by Western culture since his childhood, he truly does not believe in those ghost stories.
Now, hearing Secretary Lin and others talk about the inauspiciousness and bad Feng Shui of the unfinished building area, he found himself wanting to laugh.
He thinks, throughout history, there is no place where people haven’t died.
“Young Master Li, it’s hard to say.”
Steward Su said.
Su Wen was not yet born, so to say he doesn’t believe and yet believes a little, or claims to fully believe, is not possible.
However, as a businessman, considering more profit, the higher the profit, the less consideration needed.
“Anyway, I don’t believe it. If there are really ghosts in the world, scientists would have discovered them long ago.”
Li Yu said.
He didn’t grow up dostically, nor did he get influenced by dostic mysticism, including Feng Shui. Although in Chinatown, first-generation and second-generation Chinese may still be heavily influenced, by his generation, it was completely different.
They belong to true “banana people,” yellow on the outside, white on the inside, looking like Huaxia on the outside, but internally similar to those white people.
“Steward Su, let’s not bother with those things now, let’s acquire that piece of land first. If there’s any Feng Shui issue or problem, we can invite a Feng Shui master to look at it.”
“Yes, Chairman Su.”
Steward Su said.
At nine-thirty in the morning, the relevant leaders and representatives of the real estate enterprises participating in the auction arrived.
Moreover, the real estate enterprises bidding have all paid a deposit of thirty million in advance.
If they win the bid and then abandon that piece of land, they definitely won’t get the thirty million deposit back, as it will be taken as auction-related costs.
So, basically, once the bid succeeds, they will definitely take it.
At nine-forty in the morning, the auction house host opened the projection in front of the podium. From the projection video and PPT images, one could see the detailed introduction of the unfinished building area.
This unfinished building area is roughly 180,000 square ters, including a large area of mountains and land. However, the surroundings are suburbs with most parts still undeveloped.
Now, the situation with the Jinling City governnt is to continue developing toward the Jiangnan suburbs since there is no extra land in the city.
In this way, if Jinling wants to keep developing, the only option is to expand toward the suburbs.
Originally, the location of this unfinished building was quite good, not exceeding fifty kiloters from the Jinling City Center, roughly between thirty-five to forty kiloters.
A few kiloters away from the unfinished building, there are multiple intersecting highways and highway exits. Furthermore, the environnt here is very good, previously targeted by a real estate company for villa developnt due to this favorable environnt.
If really built well here, the environnt might be even better than the current Peach Blossom Source Residential Area in Jiangnan and those luxury villa districts.
After presenting a detailed introduction, the host on the podium ntioned the governnt’s plans and details for the area.
Moreover, if the area develops well, there’s a significant possibility that it will eventually connect to the subway.
After seeing this, the leaders of various major real estate companies seed exhilarated, disregarding the rumors about the unfinished building.
“The city governnt has reclaid this unfinished building, and the auction bid starts at five billion, each increase by fifty million, and within two hours, the highest bidder wins.”
Actually, the city governnt has already capped the highest price at about eight billion, but given the current bidding situation, it is unlikely to reach eight billion.
Therefore, the bidding continues.
After the host’s announcent, the first round of bidding comnced.
Many real estate companies directly raised their placards, calling out five billion, 5.1 billion, up to 5.5 billion when the bidding gradually cald.
Su Wen and the Su Group’s real estate company representative continued watching, knowing that acquiring the land for less than six billion was impossible.
So now they were watching, knowing that the real final opponents would bid over six billion.
Indeed, when it reached around six billion, most of the real estate company representatives fell silent.
“Number 48, bid 6.05 billion, first call.”
“Number 48, bid 6.05 billion, second call.”
After a while, as the third call was about to be made, Secretary Lin beside Su Wen raised his placard and shouted, “6.1 billion.”
Indeed, it was now just the Su Family, Zhao Family, Yun Family, Ning Family, and so representatives from large state enterprise real estate companies bidding.
When it reached 6.8 billion, most real estate companies fell silent again.
In the end, only four major families in Jinling were left in the bidding: Su Family, Ning Family, Yun Family, Zhao Family.
Everyone sat nearby, but now they were all watching each other.
Among the four families, apart from the Su Family being interested in the unfinished building, the other three were not as strongly inclined.
Indeed, when the Su Family bid seven billion, the other three families completely withdrew.
If it were other pri lands in Jinling, they certainly wouldn’t give up so easily.
However, due to the rumors about the unfinished building, it was fear that held them back.
Thus, when bidding reached seven billion, it was already considered recklessness.
“Congratulations to number 35 for successfully winning.”
When the auctioneer tapped the gavel, it signified the end and success of this auction bid.
Su Wen won the unfinished building for the Su Group with a bid of seven billion, both expected and unexpected. The land encompasses nearly 200,000 square ters, qualifying it as a mid-to-large-scale residential area.
If constructed in phases, the potential revenue generated could reach at least thirty billion.
Yet, for so unknown reason, Su Wen felt others were looking at him with strange expressions.
Could there really be an issue with the land?
“Uncle, we got it.”
Li Yu said.
Su Wen did not respond nor expose any pride.
Rising, he ascended the podium and exchanged handshakes with the relevant personnel before preparing to leave with the Su Group’s responsible individuals.
Those who hadn’t left were whispering about the rumors of the unfinished building.
Su Wen, Steward Su, Li Yu, and others exited the auction house. On entering a luxurious rcedes with Li Yu, as Steward Su drove back to the Su Family Courtyard, Su Wen suddenly recalled an incident: Su Luoluo’s bank account had suddenly increased by several million.
He was unsure how Su Luoluo got that money.
Could it be from Li Yu?
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