Prev
Ch. 130 / 77817%
Next

Chapter 130: Purchase of Island-Encircling Villa

~7 min read 1,330 words

Chen Yang chose to empty his position, and Zhuo Wenyuan temporarily lost his direction. He discussed with Huang Bai Ming and Zhao Feiyang, selling 2 million shares of Xinfei Technology at an average price of 28. After the stock price was smashed, he bought back 1 million shares at an average price of 27, which could be considered a small T.

After Chen Yang saw they had finished their operations, he prepared to say goodbye and go home. Unexpectedly, Zhao Feiyang called out to stop him.

"Director Chen, I heard Director Ye say you like investing in real estate. Our company still has some riverside villas for sale; I don't know if you're interested."

Chen Yang had inquired about Zhao Feiyang through Liu Shijie, who said he was the close nephew of the boss of Wu Shi Real Estate. Their company is stronger than Liu Shijie's real estate firm, having invested over 200 million on a River-center Island in the western suburbs of Xingcheng along the Dongjiang River to develop a luxury villa cluster.

However, the situation is similar to what Liu Shijie encountered when developing high-end residential complexes. The sales of the villa cluster invested by Wu Shi Real Estate are not very ideal; currently more than half remain vacant.

Chen Yang's interest in investing in villas is less than that in school district houses and shops. Because school district houses and shops are essential needs, renting them out can yield high rents. If they were to be resold, their liquidation speed would also be faster than that of villas.

Meanwhile, villas can only be used for self-occupation, with little appreciation potential in the short term. By the time they would appreciate, newer, more luxurious villa districts would have sprung up. Which wealthy boss wouldn't want to live in a new house?

Of course, since Zhao Feiyang had spoken up, Chen Yang couldn't directly refuse. He decided to first go take a look, and if he found something to his liking, he would buy two units for personal use.

"Director Zhao, has your company considered letting a brokerage handle the sale of your villas?"

Zhao Feiyang was worried about insufficient manpower for selling the villas; having a broker willing to cooperate was exactly what he wanted. "Sure, Director Chen, do you have a suitable recommendation?"

Chen Yang explained: "It's like this; I partnered with a friend to open a real estate brokerage. If Director Zhao is willing to cooperate, I'll bring my partner over later to take a look at the properties."

Zhao Feiyang looked at Chen Yang with some surprise. "Director Chen, you also set up a real estate brokerage?"

Chen Yang chuckled. "I have too many properties, and I'm too lazy to manage them, so I thought of finding a partner to slack off a bit."

"No problem!" Zhao Feiyang had been promoting his villas to many friends these days; people as straightforward as Chen Yang are rare. "Where is your partner? Do you need me to send a dedicated car to pick them up?"

"No need to trouble yourself." Chen Yang shook his head and told Zhao Feiyang, "Give me an address; I'll go to the company to pick her up, then we'll meet up with you."

Zhao Feiyang said, "Why don't we go together? That way I can also take a look at your brokerage."

Chen Yang no longer declined, bringing Zhao Feiyang to the Xiao Li Real Estate that he co-owns with Zhao Xiaoli. After picking up Zhao Xiaoli there, they all headed together to the villa district developed by Wu Shi Real Estate in the western suburbs.

On the way, Zhao Xiaoli reported to Chen Yang the operating situation of Xiao Li Real Estate. Besides properly arranging the one hundred street-front shops under Chen Yang's name, they also handled the rental business for fifty second-hand properties and acted as agents for the sale of over a dozen second-hand homes.

For a newly opened real estate brokerage, this performance is quite good.

"Xiaoli Sis, later we'll use the company's name to buy a BMW around 300,000 for you to use for business!" Zhao Xiaoli is three years older than Chen Yang. Since we are now partners, using the former title from Liu Shijie's side would be inappropriate, so Chen Yang changed to calling her "Xiaoli Sis."

"The company already has a van, which is quite convenient for me to drive around." Zhao Xiaoli declined Chen Yang's kindness. The company has just started; there are many places needing money, so she must tightly control financial expenditures.

Chen Yang said earnestly: "To find high-quality clients, you must first dress yourself well. A BMW is the stepping stone to attract such clients."

Zhao Xiaoli understood Chen Yang's meaning; she just felt a bit reluctant to spend money. "Boss, I think a BMW is still a bit expensive; how about we first buy a Santana?"

Chen Yang laughed: "As an investor, I don't mind spending; what are you worried about? You can save some money, but when it comes to the company's image, there's really no need to skimp. For example, if you're now handling Director Zhao's villas, without a nice car to uphold the facade, which wealthy boss would have confidence in the products you're promoting?"

Seeing Chen Yang insist on buying a BMW, Zhao Xiaoli could only nod in acceptance.

Chen Yang also reminded her: "Remember to buy a new car; spending a bit more doesn't matter. Don't let people think our company is too shabby."

Zhao Xiaoli didn't expect her thoughts to be guessed again by Chen Yang; she could only nod in agreement once more. She realized that this boss of hers is strange—although he just graduated from university, he seems to possess decades of social experience, like a seasoned veteran of the martial world.

After driving for about forty minutes, they finally arrived at their destination, Jiangmen Island in the jurisdiction of Jiangmen Town outside the western suburbs of Xingcheng.

Jiangmen Island is like a dazzling pearl, quietly set in the middle of the Dongjiang River, covering a total area of 300 hectares. It is surrounded by clear, mirror-like river water, as if isolated from the world, creating a tranquil and mysterious atmosphere.

The Wu Shi Group, for the sake of convenience, jointly built a 100-meter-long cross-river bridge with the Jiangmen Town government.

After the vehicle slowly crossed the cross-river bridge, a breathtaking scene first entered the view of Chen Yang and Zhao Xiaoli. A massive villa complex lay upon the land like a sleeping giant beast, delivering a soul-shaking visual impact. These villas were neatly arranged along both sides of the road, endless at a glance, resembling a long dragon formed of luxurious architecture, winding forward.

Each villa has its own distinct style—some European modern, some Chinese classical—yet all exude nobility and refinement. Moreover, the villas are encircled by lush green trees; dense foliage acts as a natural barrier, separating the villa complex from the outside world's clamor.

Chen Yang couldn't help but marvel; the Wu Shi Group's vision is quite good—this is indeed a suitable place for wealthy people to settle.

Zhao Feiyang arrived before Chen Yang, having already parked his car at the island entrance waiting. Following his guidance, Chen Yang drove around the island's circular road and finally selected two adjacent three-story villas near the outer side of the island, with a total land area of seven hundred square meters.

Zhao Feiyang was also generous, quoting two million per villa and directly discounting to 1.5 million each. He also signed an agency sales contract with Zhao Xiaoli.

After Chen Yang successfully purchased the new villas, he immediately abandoned the idea of renovating a new home in the Sunshine Garden community. He plans to demolish the wall between the two River-center Island villas, merge them into one, add an artificial swimming pool, and plant some flowers and grasses around—this would be an ideal spot for leisurely vacations and retirement settlement.

◈

End of Chapter

Prev
Ch. 130 / 77817%
Next
Prev
Ch. 130 / 77817%
Next