Metropolis: Paying Off The Debt of Dad At The Start

Chapter 213

The second option is to use this land to build a commercial complex.

A land area of ​​200,000, which is a large area. The construction of a commercial complex, that is, a medium-sized shopping mall + residences + office buildings + hotels, is completely sufficient. In this way, the advantages of this land can be fully utilized.

Compared with the first option, the second option is obviously much more profitable.

Therefore, everyone’s view is still inclined to the second option.

It’s just this second option, can the S city government agree to it? As a super first-tier city, S City is not short of money financially. The plan is to build a landmark building and a super large shopping mall in this area to improve its image and compelling city.

You are now going to build an urban complex on this piece of land. How is this different from the usual land sales in S City? S City is full of real estate developers engaged in commercial complexes. This thing S City is not rare at all. What they want in City S is the largest shopping mall in Asia to improve their city image, not a commercial complex everywhere.

So, this thing is really difficult.

Lin Feng doesn’t know what to do. He can only make two detailed investment calculation plans according to these two plans first. Then Lin Feng will know the return on investment and know the next step when he gets the plan. What to choose.

Following Lin Feng’s order, these teams in the investment department broke their legs.

After five days of high-intensity overtime work and detailed measurement and planning on the ground, the two newly completed plans were handed over to Lin Feng.

Lin Feng opened the plan.

The first solution: [Super shopping mall in Jiading District][Return on investment: 281%][Period: 15~20 years][System opinion: It is recommended to rent but not sell. With the future development, the surrounding supporting facilities will be more complete, and the population density will continue to grow. This place will gradually become the commercial center of Jiayu District and Longyun District, and even the business of the entire S City One of the focuses, but the payment cycle is too long. If the host has enough funds for a long time, it can be considered]

The second option: [Jiading District Urban Commercial Complex][Return on investment: 109%][Cycle: 1.5 years to 3 years][System Opinion: It is not recommended. There are many surrounding commercial complexes, which have no characteristics and cannot conduct differentiated competition. The profit is relatively low, and the proportion of funds is huge, and the return period of funds is too long.]

After reading these two plans, Lin Feng couldn’t help being a little surprised.

He didn’t expect that the first option that was least favored by everyone could actually bring such a high rate of return.

Of course, the second option is not very optimistic. People think it may be profitable, but the profit is very low. The display on this system is similar to what everyone analyzed.

Then it seems that the first type is completely interesting.

Although this payment cycle is too long, 15-20 years, but Lin Feng has a way to get the funds quickly.

That is project pledge!

Commercial real estate is completely different from residential real estate. Commercial real estate can use future earnings as a guarantee, and the entire project can be pledged.

For example, I can see how much rent my shopping mall has in a year. I use this rent as a guarantee, and then take the entire project to the bank to freeze, pledge the project, and then get the loan. If I don’t repay the loan, This mall will be given to you. If you continue to rent this mall, you will not lose money.

Residential real estate will not work, because residential real estate is sold, it is not rented out. This collective property right is continuously divided and sold out. How do you pledge in this case?

In the state of asset pledge, it cannot be sold and cannot be moved.

There is a simple truth. You have already pledged it, which is equivalent to temporarily going back to the bank. How can you sell it?

Unless you don’t sell!

But this is definitely not in line with the reality of residential real estate, right, you do not sell the project, what are you doing there?

Therefore, only commercial real estate can engage in project pledge, and commercial real estate can only be rented but not sold..

In this way, as long as Lin Feng is short of money, he can take the project to the bank for pledge in exchange for a huge loan.

Of course, a certain amount of interest must be paid, but the rent completely exceeds the interest.

Therefore, even if the payment cycle is slower, it does not matter. Lin Feng still has a way to get the funds quickly.

What are you waiting for, just do the first plan.

Now that Lin Feng decides to do it, then he has to think about other things next.

First of all, this first plan was rushed out by everyone in a hurry, and it is relatively rough. Therefore, the next step is to let the group spend a lot of manpower and energy, and invite the most powerful design team in the industry to fine-tune this project. It is guaranteed that it will be a very good building in the next few decades.

After all, the cycle of this project is too long. It takes decades to do it. Now if you don’t get the best, the image of the future project will be aging and there will be problems with the building. If you want to change it, you can’t change it.

In other words, this is a lifelong event.

Now that you get it to the end, you can still sell it in ten or twenty years.

The shoddy work you are doing now, the entire shopping mall will not know what it has been ruined in more than ten or twenty years, and it is extremely outdated. Not only will the rent drop drastically, but it will also be difficult to sell a good price.

Therefore, the design, materials, layout, and structure must be carefully crafted only now. This is a matter of the next few decades and must not be sloppy.

The second one is the issue of lowering prices.

Lin Feng can squeeze 1 billion down, and he can earn 1 billion more. Now this is the hot potato of the project SASAC, and when Haoyuan Group takes over the project, it must be blown up again, and 10 billion will be wasted. Cost, so in this case, it is better to keep the price down.

Now that the decision is made, these must be considered. .