Reborn as a tycoon in Hong Kong

Chapter 144 Progress of Real Estate Company

On the second day after arriving in Japan, Lin Baicheng contacted Iwasaki Mineryu and went to Bailong Commercial Club with him.

The ten-story office building where Bailong Commercial Club is located was purchased for US$15 million. The location is not in the center of Tokyo, otherwise it would not have been possible to buy it with this amount of money. Fortunately, the location is not too far away, so it’s pretty good.

"Chairman, Director Iwasaki!"

Hirato Sasaki, the president of Bailong Commercial Co., Ltd., is already waiting with his management and employees.

"Um!"

Lin Baicheng nodded. Bailong Commercial Club now has about thirty employees, which is not a small number.

The group went to the conference room, and only the management remained. Lin Baicheng recognized the people and asked the management to get to know him as the chairman.

After getting to know the management, Lin Baicheng looked at Hirato Sasaki and said, "I heard from Haruko that the company has purchased two pieces of land?"

Boruto Sasaki replied: "Yes, thanks to the relationship of Director Iwasaki, the company has acquired a piece of land in Shinagawa District and Ota District respectively. The area in Shinagawa District is 15,000 square meters, and the area in Ota District is 15,000 square meters. 28,000 square meters.”

Haruko Mouri, who was sitting next to her, took over the words: "The location in Shinagawa District is better, so the price is higher. It costs 125,000 yen per square meter. If converted into Hong Kong dollars, it is 2,500 Hong Kong dollars per square meter. The total cost is nearly 9 million. U.S. dollars. The location in Ota City is slightly worse, so it only costs 120,000 yen per square meter. When converted into Hong Kong dollars, it is 2,400 Hong Kong dollars per square meter. The total cost is 16 million U.S. dollars. Including the cost of managing relationships, it cost a total of 120,000 yen to buy two pieces of land. Around $25.5 million.”

The Iwasaki family's reputation is indeed useful, otherwise Bailong Commercial Club would not be able to acquire two pieces of land in a short period of time. However, no matter how useful the relationship is, there is still some management that should be done. At least you should spend some management fees. If you don’t pay a penny, then just wait for others to mess with you and cause trouble for you.

"Iwasaki-kun, I have to rely on you to buy the land."

Lin Baicheng looked at Iwasaki Mineryu and said, although Shinagawa and Ota wards are located on the fringes of Tokyo, they are still within the Tokyo economic circle. Land prices will definitely skyrocket in the future. If you buy them now, you will make money, and you will make a lot of money. kind of.

"Don't worry, Mr. Lin, the company is half as good as mine, so there's no reason why I shouldn't try my best."

Iwasaki Mineryu said with a smile, but even though he said so, the real estate industry is still in the correction stage and the future prospects have not yet been revealed, so he has not exerted too much effort, otherwise with his relationship, in the more central Land can be obtained in Shibuya, Minato, and Shinjuku wards.

If you don't see the rabbit, don't spread the eagle. Without seeing the prospect of extremely high profits, Iwasaki Mineryu will certainly not use too many connections to obtain land for Bailong Commercial Association, because he is not sure whether it is worth it.

Lin Baicheng said: "Although two pieces of land have been acquired and the company has to enter the construction stage, the land acquisition cannot stop. Therefore, Mr. Iwasaki will need to work harder to allow the company to hoard more land."

"This is what I should do."

Iwasaki Mineryu nodded and agreed. Obtaining land from areas like Shinagawa and Ota wards does not require too many connections, so Iwasaki Mineryu did not refuse.

The role of Iwasaki Mineryu is to acquire land and protect the company from wind and rain when the Japanese real estate industry is booming at a higher level. Now Iwasaki Mineron's role is only to take land. When Iwasaki Mineron agreed, Lin Baicheng breathed a sigh of relief.

Lin Baicheng is really worried that Iwasaki Mineryu thinks that two pieces of land are enough for the time being, and is not planning to hoard any more land. He has to wait until the land in hand is developed before buying land. However, the cost of acquiring land will only increase as time goes by. Fortunately, this didn't happen. Otherwise, if Iwasaki Mineryu is unwilling to take the land, Lin Baicheng can only persuade him. If he fails to persuade, there is nothing he can do. After all, it depends on Iwasaki Mineryu to get the land.

"Sasaki, how do your management plan to develop these two pieces of land?"

"Chairman, the location in Shinagawa District is better and the area is smaller. Therefore, after discussion with our management, we decided to develop it into an office building, which will be slightly larger than the company's office building. The land in Ota District is used for construction. A residential area," Boruto Sasaki replied.

Lin Baicheng nodded: "How long will it take to complete the work?"

Hirato Sasaki said: "It usually takes nearly a year to build an office building of more than ten floors, and the residential area will take a little longer, about two years. However, the company's engineering team has just been assembled. So it will take a little longer than normal, depending on the construction progress."

"Take your time and don't rush. Safety work must be done during the construction process to prevent safety accidents."

Lin Baicheng warned, and then said: "Also, whether it is an office building or a residential area, the construction and materials must be well controlled, and safety aspects such as fire prevention and earthquake prevention must be taken into consideration. Especially in terms of earthquake prevention, Japan is prone to earthquakes. In a prone area, I don’t want the property under my company’s name to collapse.”

After all, Lin Baicheng is a foreigner. Although he is developing real estate in a joint venture with Iwasaki Mineryu, he must pay special attention to safety. If a serious safety incident occurs, he will definitely be unlucky. By then, given the relationship between the Iwasaki family, Iwasaki Mineryu will definitely be picked out, and he will become a scapegoat.

"Yes, Chairman!"

Hirato Sasaki agreed, and then said: "Chairman, if this happens, our costs will be higher and our profits will be relatively lower."

"When the time comes, we will publicize the safety of our property more and sell it at a higher price than other houses. I believe someone will pay attention to this aspect. If it doesn't work, just make less, because safety is the most important thing."

The wool comes from the sheep, so Lin Baicheng's first choice is to allocate these costs to the customers. If the customers really don't buy it and are more willing to buy cheaper other houses, then they will have to lower the price and make less money. It would be better to earn less, and safety aspects cannot be ignored.

Iwasaki Mineryu didn't object. After all, this was not a big deal.

"In terms of construction, Sasaki and you are rich in experience, so I won't say more. It's up to you to figure out what to do."

Lin Baicheng never did anything like commanding an expert by an outsider. Not only was it thankless, but it was also prone to accidents.

"yes!"

Boruto Sasaki responded.

Lin Baicheng and others did not stay at Bailong Commercial Club for too long. After gaining a comprehensive understanding of Bailong Commercial Club, he left the company.

Iwasaki Mineryu also left together, and he invited Lin Baicheng to have tea. In Japan, tea ceremony culture is also popular, especially in upper-class communication, where it is often used.

Of course Lin Baicheng went with his bodyguard and Maori Haruko, but the bodyguard stayed outside, while Maori Haruko was brought in to drink tea with him.

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