Chapter 450: Movie City and Happy Valley
The price level always starts to rise imperceptibly.
The housing prices within the third ring road of Beijing have exceeded 10,000 yuan, and the lowest is more than 8,000 yuan, and the housing prices in Nanhua City have also exceeded 3,000 yuan.
In 2002, banks lowered the interest rate on personal loans, which led to a rapid increase in the number of people applying for housing loans, which greatly promoted the sales of commercial housing.
The two real estate properties in Hanbei District developed by Feiya Real Estate Company were very hot, and they were all booked in a short time after they opened, and most of them paid a deposit, because the commercial houses in these two places are close to the Trade Valley, and the price of the houses exceeds 3,000 yuan per square meter.
Liao Fanmin also booked two sets of commercial houses here, of course, he is not thinking about what to do, but he has taken a fancy to the educational resources here, Nanhua City's excellent primary schools, middle schools, high schools and universities are not very far from here, in comparison, Hannan District does not have such advantages.
The net profit of commercial housing sales has been preliminarily calculated, and the net profit of two commercial houses has exceeded 300 million.
This is something that Liao Fanmin never expected, although the labor wages of construction workers have increased a little, and the price of reinforced concrete has also risen a little, but it is still far from the level of rising housing prices.
The price of the pre-sale of commercial housing was determined by Shen Zukang and Qin Yuhua, Liao Fanmin did not interject, he did not know much about the entire real estate in Nanhua City, and he was not qualified to speak, but he was still a little toothy for the two commercial houses to earn a net profit of more than 300 million.
Some people in Nanhua City have also begun to speculate on houses, and Feiya Real Estate Company's commercial housing is naturally the focus, and people who buy several sets of commercial houses at one time are gradually emerging.
Liao Fanmin of course understands the meaning of this, it should be said that capital has begun to enter the real estate for profit, this phenomenon has long appeared in first-tier cities such as Beijing and Shanghai, and it is showing a hot trend, Nanhua City is not as good as Beijing and Shanghai, but it is also a big city in the central part of the country, and it is a matter of time before capital enters the real estate here.
It may be that the prosperity of the trade valley has prompted capital to accelerate the pace of entering the real estate of Nanhua City.
The plans for the film city and Happy Valley are all out.
The film city is planned to cover an area of 100 acres, including a series of supporting facilities, such as electronic entertainment rooms and Internet cafes, etc., and the Happy Valley plan covers an area of 1,500 acres, integrating singing, dance, opera, entertainment, adventure and education.
The total investment is expected to be 1.8 billion, including 100 million in the cinema city and 1.7 billion in Happy Valley.
The investment is divided into two parts: static investment and land acquisition and storage investment, of which the investment in land acquisition and storage purchase has reached about 800 million, accounting for about half of the total investment.
Liao Fanmin shook his head, this is the so-called land finance, in the next few years, many local governments will rely on land finance to operate, so that the real estate industry and the government are tightly tied together.
"Mom, I'm going to the company, and I'm not necessarily coming back for dinner in the afternoon. β
"I know, it's rare to rest at home, and I don't know how to relax and relax, how much I care about Xiaoling, and I'm still so busy. β
Less than a month before Shen Yaling's due date, Xu Wenqing came to Nanhua City to take care of Shen Yaling, Liao Fanmin has no experience in this regard, Liao Zexi supports Xu Wenqing to help take care of Nanhua City, which is to reduce Liao Fanmin's burden.
Shen Yaling's movements were already a little inconvenient, and she spent most of her time at home.
"Husband, come back early. β
Liao Fanmin looked at Shen Yaling, nodded and smiled.
With the due date approaching, Shen Yaling is almost inseparable from Liao Fanmin's care, although Xu Wenqing has come to Nanhua City to take care of her, but Liao Fanmin is already Shen Yaling's spiritual pillar, if you can't see Liao Fanmin for a whole day, Shen Yaling always feels uneasy and shows a restless form.
Shen Zukang and Qin Yuhua are both in Feiya Company.
Liao Fanmin entered the reception room.
"Mr. Liao, you have already seen the overall plan of the film city and Happy Valley. β
Liao Fanmin nodded and put the plan on the coffee table.
"I am most concerned about the issue of investment, the overall investment of 1800 million in the plan, the source of the land in the plan is calculated according to the land before the land is expropriated, we can save part of the investment, but the amount is not large, the whole can not exceed 200 million, and there is still 1.6 billion investment. β
Shen Zukang looked at Liao Fanmin and slowly spoke.
"Xiaomin, is the investment too big, feeling the pressure. β
Liao Fanmin nodded briskly.
"Yes, I feel the pressure, for the company, the investment of 1.8 billion is real, it is unrealistic to rely entirely on the company, you must rely on bank loans, aside from bank interest, there is a lot of pressure to repay the loan, the movie city and Happy Valley are not suitable for direct external sales, and there is no such a large company to take over in a short time, plus the time spent in the construction process, I roughly calculated that when the project is completed, the loan borne by the company is likely to reach or exceed 1.8 billion. β
Shen Zukang nodded.
"Xiaomin, you calculated well, just now I have discussed with Mr. Qin, plan to borrow one billion yuan from the bank, the remaining part of Feixiang Group and Feiya Company to take a part, and part of the funds can be temporarily slowed, the overall cycle of project construction is one and a half years, the construction period must be tightened, to be fully rolled out, there can be no delay, even if the New Year must adhere to the construction, our plan is that the film city is open to the outside world to attract investment, find a company to take over, the specific price is determined according to the future market conditions, Happy Valley will implement the way of shareholding, widely raise funds, and repay the bank loan as soon as possibleγ β
"Dad means to let other businesses and companies take shares. β
Shen Zukang nodded.
Qin Yuhua, who had never spoken, spoke at this time.
"Mr. Shen, Mr. Liao, since you have decided to operate by way of shareholding, why not implement it in advance, just like the pre-sale of commercial housing, wouldn't it be able to raise more funds and reduce bank loans. β
Shen Zukang didn't answer, and looked at Liao Fanmin.
Liao Fanmin looked at Qin Yuhua and shook his head slightly.
"Mr. Qin, Happy Valley is the Feixiang Group and Feiya Company painstakingly come up with the plan, if the construction is taken before the way of shares, then the entire construction process will suffer from external interference, those major shareholders always want to intervene, it is likely to lead to delays, serious and even may be because of disagreement, resulting in a short period of stoppage, this phenomenon can never appear, the company to the bank loan of one billion, does need to bear a lot of interest, but this is a necessary investment, anyway, these investments will eventually be calculated into the shares, by other companies and enterprises willing to take sharesγγγ β
Qin Yuhua suddenly realized, and Shen Zukang nodded with a smile.
"Xiaomin is right, the construction project of Happy Valley and the film city, we must hold it firmly in our hands, and do not allow external forces to interfere, even if there are enterprises and companies that want to buy shares, but do not think about being able to interfere with the project. β
After Shen Zukang finished speaking, Liao Fanmin followed and spoke.
"Dad, Mr. Qin, I suggest that before the start of construction, make a special promotional video, which should not only include the benefits that the film city and Happy Valley will produce, but also fully promote the entertainment role of the film city and Happy Valley, so as to attract investment enterprises, and the company can negotiate with those companies that are willing to invest in advance, so that we can grasp the initiative. β
Qin Yuhua turned his head to look at Shen Zukang, with a look of surprise on his face.
"Mr. Liao, Mr. Shen also said this just now, and asked to make a promotional video, and the promotional film must be exquisite. β
"The hero sees the same thing, haha... β
Shen Zukang smiled, his face full of joy.
The joint investment of Feixiang Group and Feiya Company in the construction of the cinema city and Happy Valley was soon revealed.
The news is very hot, of course, there is the credit of Governor Liu Fangsheng, in an important meeting, Governor Liu Fangsheng talked about the upcoming construction of the film city and Happy Valley, and praised this forward-looking investment and construction.
Several large enterprises in Nanhua City are all tempted, including Hewlett-Packard Group, Wahaha Group and Lenovo Group, etc., all of which have approached Feiya to discuss the matter of becoming a shareholder.
Jia Yunmao came to Nanhua City and found Liao Fanmin, and the New Century Company also wanted to be able to buy shares, and even more wanted to be able to contract part of the project.
At this time, Liao Fanmin put forward a suggestion to hold a special introduction meeting to comprehensively introduce the project of the film city and Happy Valley, and invite the media of the central government in Jianghan Province, as well as the media of Jianghan Province and Nanhua City to participate, and this suggestion was immediately supported by Shen Zukang.
The briefing was held in early September, and Shen Zukang even invited the responsible persons of the Nanhua Municipal Party Committee and Municipal Government to attend.
At the introduction meeting, the promotional video was broadcast, Qin Yuhua gave a comprehensive introduction to the film city and Happy Valley program, and Shenzhen Happy Valley also sent people to participate in the introduction meeting, and vigorously promoted the form of Nanhua Happy Valley joining Shenzhen Happy Valley.
The convening of the briefing and the publicity of the media have made the upcoming film city and Happy Valley projects famous.
The bank's loan was implemented in the shortest possible time, and a billion dollars went into the company's account.
Formal negotiations for a stake in the company also began at this time.
On September 20, 2004, the construction of the film city and Happy Valley officially started.
Hongda Construction Company and New Century Company are one of the construction companies, because the project is too large, and because of the strict time requirements, so the number of construction companies involved in the construction has reached four.
The negotiation of the shareholding was very smooth, and the company that was willing to invest in the shares reached an agreement of intent with Feiya Company, but Feiya insisted that the time for capital investment must be when the project of the film city and Happy Valley was nearing completion, that is to say, the company that invested in the company had no right to interfere with the construction of the project of the film city and Happy Valley.