Chapter 250: Luohu Mountain!

Luohu Mountain?

As soon as these words were spoken, the three of them were stunned.

As residents of Shenzhen and people who had lived in Binhai City for several years, they were familiar with Luohu Mountain.

It was a small hill, not very large, nestled beside a lake, and the scenery was quite pleasant.

However, no developer had ever shown interest in developing it.

Even when officials sent people to inspect the area, the plan eventually fell through.

This small hill was mostly visited by elderly people or those who enjoyed hiking and mountaineering.

After all, the environment was decent.

But if they were to develop the area, the project would not only be huge but also very difficult.

In addition, there was a local legend in Shenzhen about the bad feng shui of Luohu Mountain, which deterred most people from looking at the area.

So, when Shen Fei mentioned this mountain, after the initial shock, the others were filled with doubt.

What was so special about this mountain that made Brother Fei choose it as the first site for their real estate venture?

“Brother Fei, are you really sure you want to make that place the first development site?” Jiang Tiancheng was the first to voice his concerns.

“Yes, what’s wrong?” Shen Fei replied.

“There’s this rumor about bad feng shui… Should we look at other places?” Jiang Tiancheng asked hesitantly.

“Isn’t that just a rumor?” Shen Fei chuckled lightly and continued,

“That area is the most suitable for building high-end villas. Not only is the land large, but the environment is also fantastic! If the feng shui is bad, then why does the surrounding scenery look so pleasant? I’ve roughly calculated that if the land is well utilized, we could build around seventy to one hundred villas! The location is prime, with convenient transportation, and the environment is unique in Shenzhen! If we design and build properly, Luohu Mountain will definitely become a famous spot in Shenzhen!”

“Most importantly, the design concept has to be very innovative, and top-tier facilities will be the selling point! In short, we need to make the consumers feel like it’s an incredible deal, that they’ll regret not buying! I’m very confident about this!”

Shen Fei’s mysterious confidence in front of Jiang Tiancheng, Hu Yuantai, and Duan Guxiang came from his previous life experiences with Luohu Mountain.

In his past life, Luohu Mountain was only developed five years later.

When the news about Luohu Mountain being developed first spread, many developers scoffed at it, and a lot of mocking internet memes were created, such as “Don’t buy houses in Luohu Mountain,” “Only the naive and rich would buy in Luohu Mountain,” and so on.

This disdainful attitude persisted until the villas were completed.

When people saw the transformed Luohu Mountain, many were stunned, and the design of the villas was highly praised.

The creation of Luohu Mountain villas not only introduced a new design concept but also brought the comfort of high-end residential areas to life.

Once launched, they were snapped up by wealthy individuals, even though a single villa cost several hundred million RMB.

What amazed those who bought the villas even more was the high security of the Luohu Mountain villas. Not only did they protect the residents’ privacy, but they also gave them a sense of safety.

From being put on sale to selling out, it only took about a month and a half.

This caused ordinary citizens to reassess the wealthy elite.

In fact, five years after that, the market economy wasn’t as strong as it is now, and it was even in the midst of an economic crisis.

Even so, the Luohu Mountain villas didn’t restrict the buying power of the wealthy.

One could imagine that if it were developed now, the rush to buy would be even more intense than in his past life.

Especially after the success of Luohu Mountain in the previous life, many struggling developers saw it as an opportunity and started to learn and imitate the advanced design concept.

Even though their imitations weren’t perfect, many ordinary citizens were able to live in what they considered “luxury homes.”

Shen Fei had witnessed such madness before.

He had also experienced the advanced design.

So, now that he was entering the real estate market, he was very confident.

In fact, he planned to make this development even more perfect than in his past life!

But just because Shen Fei had confidence didn’t mean Jiang Tiancheng and the others would share that confidence.

It was the first time they had heard Shen Fei say this, and they couldn’t help but feel a little uneasy.

“Brother Fei, if we’re going to build a hundred or so high-end villas, the initial investment cost would need to be at least tens of billions to achieve that, right?”

Jiang Tiancheng was uncertain.

“If that’s the case, making hundreds of billions might be difficult… Maybe we’ll have to adjust the selling price!” Hu Yuantai frowned.

“No need! Don’t rich people always care about good luck? 660 million RMB! Making hundreds of billions won’t be a problem!” Shen Fei replied.

As soon as he finished speaking, the others stared at him in disbelief.

660 million RMB?

There were plenty of wealthy people in the country, but how many of them would be willing to spend that much on a villa?

Of course, except for Duan Guxiang’s nouveau riche father, Duan Guoan.

But even so, not many people would dare spend over six hundred million RMB on a villa!

“Brother Fei… this…” Jiang Tiancheng hesitated.

“You can still back out now if you want!” Shen Fei smiled.

“Hey, who said I want to back out? Besides, you’re leading us, so how could I not trust you? Didn’t I say, if you tell me the air on Mount Himalaya is valuable, I’ll go there without even thinking about it and collect the air! I’m just saying, even if I only have five percent of the shares, when it comes to investing, I don’t know if my little bit of money will be enough!” Jiang Tiancheng lowered his head.

Although he had made billions following Shen Fei, building high-end villas was not as simple as buying a plot of land…

The investment was going to be hundreds of billions—how much could he contribute?

“We don’t need to worry about that for now. The most important thing right now is getting a shell company!” Shen Fei waved his hand.

“Brother Fei, do we have the development rights for Luohu Mountain?” Hu Yuantai asked with concern.

Without the development rights for Luohu Mountain, all of this would be meaningless!

But Luohu Mountain wasn’t ordinary land. Would it be that easy?

“Of course! After all, the government has no use for the land, right? If I’m not mistaken, the government will soon open up a bidding process for Luohu Mountain’s land! Compared to leaving it idle, the government probably hopes it will be developed!” Shen Fei said with confidence.