Chapter 273: Chapter 201 - Double Preparation
The National Day holiday is just around the corner.
The spoiled brat comes home every night laughing and clearly can't wait.
But she adapted quickly after entering the international school.
Unlike the previous schools, international schools focus more on nurturing interests.
Rather than just pursuing high scores.
The spoiled brat isn't great with grades, but she has a wide range of interests.
She can play a little bit of a suona, and sit on the bridge edge playing the big erhu.
This type of international class suits her better; none in her class can compete with her.
It's still your An'an, after all.
When she gets home, she helps her grandma water the plants and grow vegetables, which have been flourishing enough to eat in a few months.
The spoiled brat picks them ahead of time.
His wife, a dashing figure in a red dress, has been driving out in the Phantom lately, which is much longer than ordinary cars.
One parking space isn't enough; it takes two.
"Honey, there's a concert in a couple of days, and all the employees from Water Cloud Space will be going too,"
Song Yanxi said as she pulled him to sit down and have tea in the yard. The concert at the Bird's Nest on National Day, featuring the Four Great Singers, was of massive scale.
The Water Cloud Space employees were all applying for half day leave to watch, and once Song Yanxi had a word with Bai Xin, they naturally got over a thousand tickets.
"Sure, since it's all free anyway,"
Chen Pingsheng passed her a cup of tea, and the spoiled brat rushed over to join in, "Dad, aren't you going to Magic City for a sea trip during the seven-day National Day holiday?"
"Haven't you seen there are things to take care of in the group? Sailing isn't urgent; we can wait until after the concert."
Fine… Chen An'an scurried off to the second floor to loosen the soil again.
Song Yanxi had more matters to discuss with him. She had bought eleven clubhouses this year, totaling an investment of nearly 1.3 billion.
Along with the billion thrown into the Magic City, this year's harvest was quite impressive.
"Husband, I want to buy a headquarters building for Water Cloud Space in Magic City."
"If you want to buy it, then buy it. But are you buying this building under the name of Magic City's Water Cloud Space or under our own names?"
"Under our own names,"
Song Yanxi thought for a moment and said, "You mentioned that we're going to recruit some shareholders for the Magic City branch, didn't you? If we buy under the name of Water Cloud Space, the investment would undoubtedly be too high. I'll just buy it under my name and then rent it to Water Cloud Space as the headquarters at a low price."
"That works."
Chen Pingsheng also likes Magic City, and next year, their family business will be expanding there big time.
"Where exactly do you want to buy it?"
"Still, The Bund, it's close to home and has nice scenery."
Song Yanxi was inspired by Tengying spending a billion on a building in Capital City and wanted to do something similar in Magic City.
With the current situation, real estate prices are still skyrocketing.
Her husband has stopped investing in residential real estate, but buying a headquarters building can still withstand inflation.
With housing prices rising non-stop and living costs steadily increasing,
It may seem unrelated, but ordinary people's bank savings are depreciating every year.
Song Yanxi is taking precautions early.
There's a Water Cloud Space Academy in Capital City, so there's no need to buy a separate headquarters.
But they definitely need one in Magic City.
Properties on The Bund aren't cheap; they start from at least 300 to 500 million.
Chen Pingsheng didn't mind; his wife had plenty of money on hand anyway.
He just suggested, "Let's sell those small houses in Capital City that we don't live in, and just keep two of the better ones for An'an to live in when she grows up."
Uh– Song Yanxi didn't expect him to make this suggestion.
Li Ka-shing has been out for a year, and everyone thinks he miscalculated the mainland housing market.
Otherwise, with the rise in house prices this year, he could have earned tens or even hundreds of billions more.
Since Song Yanxi started speculating in real estate at the beginning of 2013, she had invested nearly over two billion in total.
Now, at the end of September 2015, she has made a small profit of double in three years.
The original two billion turned into about five billion or so.
Chen Pingsheng said, "Take the money from selling these houses and open two more Tenghui Department Stores in Capital City."
Tenghui Department Store has low profits but good business.
The profit of a single store won't be less than fifty million a year.
Plus, commercial real estate prices are rising even faster than housing prices. Song Yanxi feels that this shift would indeed be much better.
Just leaving the houses there, relying solely on housing price rises, is unsustainable in the end.
Opening department stores is different.
The income is stable and reliable.
She still went to the same female agent who sold her the Siheyuan, but in fact, there was no need for an agent.
Song Yanxi let Chen Qi post an internal notice on Water Cloud Space's intranet.
Her family wants to sell thirty-six small houses in Capital City.
You don't realize how much until you count them; she actually bought so many over the years.
Except for Wanliu Academy and that old Shijingshan villa, she decided to sell the rest.
Her family no longer needs so many houses in Capital City.
With so much commercial real estate, there's no point in hoarding more houses.
As soon as Chen Qi posted the message on the internal network, managers and store managers from various shops came to inquire.
The boss's houses, never lived in even once.
That's like brand new.
The key was the sentence Chen Qi added below, an 88% discount for internal staff.
Houses at an 88% discount?
What kind of concept is that?
It's equivalent to saving over a million for each house.
There's no choice, housing prices in Capital City are just that outrageous now.
Even a decent location within the Fifth Ring is at least 30,000 to 40,000 per square meter.
20,000 used to be considered super expensive, and now it's casually 50,000 to 60,000 per square meter.
These store managers at Water Cloud Space, even the lowest salary is three million a year.
The company gives the store managers 8% in profit-sharing stocks.
They'll definitely make no less than four million a year, plus their salary, so buying a house is actually pretty easy.