Chapter 853: Future City Pre-sale
"At this price, what would be our profit margin?"
Zhang Fan asked curiously.
"If you sell at this price, the profit can reach about 40 percent......"
The words of the person in charge made Zhang Fan take a breath. A profit margin of forty percent is definitely a very high figure for the real estate industry.
We all know that real estate is profitable, but the profit margin can be more than 20%. Only some of the best projects can do 20 percent.
Don't underestimate this profit margin, know that the scale of real estate projects is very large. Some projects invest billions and tens of billions at every turn.
If you invest 10 billion, if you are 20 percent, you can get a profit of 2 billion. Because the overall scale of real estate is large, the profit is also high.
You must know that in the Future City project, Longteng Group announced that it would invest 500 billion US dollars. Create a true city of the future.
Other real estate projects are all about developing a community. Longteng Group, however, directly develops a city.
Business districts, tourist areas, hotel complexes, private residential areas, industrial areas, CDBs and much more.
The area of the entire industrial park of Longteng Future City is equivalent to three Singapores. This scale is unprecedented, and Zhang Fan's ambition is also to build a city belonging to Longteng Group here.
In the residential area alone, the construction area is as high as 36 million square meters, and it is expected that more than one million people will live here in the future.
It's not a neighborhood anymore, it's a city. A city that belongs to its inhabitants. The city belongs to its inhabitants.
People from outside need a series of levels to come here. The entire residential area is separated, and you need a pass to go home or anything.
Strict management makes this place very safe. The residential density is not high, you must know that the area of the entire residential area is equivalent to half of Singapore.
But the population is only one-fifth of Singapore's, and it's all residential. There are no other facilities.
At the same time, the three-dimensional living scheme is adopted, and there are no vehicles on the ground. The entire complex is a huge park on the ground.
All kinds of greenery is called a beautiful one, and the environment is also beautiful. There are also a lot of attractions.
36 million square meters, which is not full of the area of serviced apartments. It is only the floor area of a private residential complex.
At current prices, the average price of the area here is around 30,000. The price already includes everything.
After all, there is a lot of shared area here, 36 million, and the average price is 30,000 per square meter. If they are all sold, the total amount of smiles in this project will be as high as 1.08 trillion yuan.
If the profit is 40 percent, the profit of the entire residential complex will reach 432 billion yuan, which is as high as 63 billion US dollars at the current exchange rate.
And that's not just residential areas, but also commercial areas, hotel apartments, tourist destinations, and so on. If these projects are counted, the entire profit will exceed 100 billion dollars.
Terrifying profits, Zhang Fan couldn't help but swallow his saliva after reading the report. No wonder they all like to play real estate, although the investment is large, but the profit is really large.
In addition to this kind of profit, Longteng Group's future profits will be longer. In the future, when it is built, it will have a permanent population of several million.
The clothing, food, housing and transportation of these millions of people are all responsible for Longteng Group. From these people alone, Longteng Group can also make a lot of money every year.
"Mr. Teo, the target of Future City sales is mainly aimed at the wealthy and middle class in China, as well as the Chinese in Malaysia and Singapore. This price is completely acceptable, after all, our project is still very attractive......"
The words of the person in charge made Zhang Fan nod. The attraction of the whole project is still very large. Especially for the rich and middle class in the ancient country.
Freehold, beautiful environment, especially suitable for the elderly. Medical education is very advanced, especially in education.
Where will Longteng International School be established, and some well-known schools will also be introduced. In the future, the branch of Zhang Fan University will also be built there.
These conditions are very attractive to domestic consumers. Coupled with the convenience of a second home plan, buying a house here is much more cost-effective than buying a house in China.
Besides, the whole city is managed by Longteng Group, and they also trust Longteng Group. Especially for those who care for the elderly, this place is indeed very suitable for the elderly.
The transportation is also very convenient, and it is a short time to get to the airport from the residential area. There are many domestic flights every day.
There are also flights that are small private jets, which are similar to public transportation, inexpensive, and only two or three hours to China.
For Malaysians, it is a gathering place for Chinese. Moreover, it is a gathering place for money, and it is safer to own one's property here, and at the same time, it is more convenient to do business.
For Singaporeans, it's very close to Singapore. The nearest place is only two or three kilometers.
Compared to the crowded Singapore, they can live here. At the same time, the prices here are cheaper than Singapore, and the living environment is better than Singapore.
Combining these three types of people, Longteng Group is still very confident in selling the house.
After reading the report, let's look at the entire sand table. Zhang Fan nodded with satisfaction. This project is also crucial for Longteng Group.
This project is not just a city, but also the headquarters of Longteng Group in ASEAN.
In the future, Longteng Group's products will start from here and conquer the entire ASEAN, which is very important for Longteng Group to expand the ASEAN market.
"Now it's all ready. Then start the promotion and start the pre-sale. ”
Zhang Fan's words made the person in charge nod. The whole project is now officially under construction, and the pre-sale mode will also be opened.
"Longteng Future City, give you a home ...... the future"
On the Internet, the advertisement of Longteng Future City was officially opened. Especially in China, the advertisements in Putian on the Internet are.
Enter Alipay and you can see. You can see shopping with Longteng Mall, you can see browsing the web, and you can see QQ chat......
At the same time, Zhang Fan's Weibo also posted an advertisement. As soon as there were a dozen advertisements, the propaganda came up all at once.
Many people are attracted by the advertisement, and after clicking in, there is a detailed introduction inside. There are also video animations.
"I'll go, Future City is so awesome......"
"It's so beautiful, it's so nice to live here......"
"The climate here is better than Sanya, and it should be very comfortable to live in......"
"Price comparison is suitable for pension ......"
"Buy an apartment and live there for a few months a year......"
"It's so expensive......"
"It's OK, it's the area in the suite, and the parking space is also sent, or the fine decoration, it's okay......"
Longteng Future City opened pre-sale, which caused an uproar in China.