Chapter 120: The Value of School District Houses

After the host went on stage, he gently patted the microphone and checked the equipment. When he saw that everything was normal, he cleared his throat and said, “Welcome to today’s land auction. This auction is organized by the Baiyun City Hall. The government currently owns the land that is up for auction. Everyone here is a core force of Baiyun City’s real estate world. I hope that everyone can gain something today and contribute to the construction of Baiyun City.”

“The entire process of this auction will be transparent throughout. Based on public, fair, and just principles, the entire process will be legal and regulated under the witness of a notary from Haicheng District. Now, I announce that today’s auction has officially begun!”

As soon as he finished speaking, the big screen in the hall lit up. A video of a huge piece of land started playing on the screen.

“What everyone is looking at now is the first piece of land for today’s auction.” The host looked at the screen and introduced it to everyone. “This piece of land is located in Wanbao District. With an area of twelve thousand square meters, it can be expanded to a large area. The location of this piece of land is outstanding. It’s close to key schools such as Wanbao Road Primary School, Baiyun Railway Secondary School, and Baiyun Sanzhong. It is the largest piece of land in our city currently. The starting bid for this piece of land is twenty-five million yuan. The increase per bid is three million yuan. The bidding begins now!”

As soon as the host finished speaking, a real estate company representative raised his bid. “Twenty-eight million yuan!”

“Thirty-one million yuan!”

“Thirty-four million yuan!”

…

The bidding war was very intense. The usable area of twelve thousand square meters of this piece of land was very attractive to everyone. Such a large area could be fully utilized for the construction of a business district or a residential area.

When Bai Zhou heard everyone’s bid, he couldn’t help but turn to look at Jian Ai. He asked in a low voice, “Boss, do you want it?”

Jian Ai leaned back in her chair with her arms crossed and stared at the video on the screen. After a while, she said, “Yes, but let’s wait a while longer.”

In Jian Ai’s eyes, this piece of land was a priceless treasure. Because Jian Ai was reborn from the future and had been in the domestic real estate market for over ten years, she could tell at a glance whether the land had developmental value or not.

Although this piece of land was located in Wanbao District and was not as prosperous as Haicheng District, Wanbao District was famous for many schools. Just this piece of land had three to four key schools surrounding it, including primary, secondary, and high schools. The value of school district houses in the future was something these people would not expect now.

Just as Jian Ai had expected, the bid stopped at forty million yuan. Private conversations started in the room.

“The land is good, but this location is not ideal…”

“Yes, there are too many schools around. The city explicitly prohibits construction around students when they are in school. This is too harsh for the development conditions.”

“We can’t possibly start work during the winter and summer holidays, right? When will this ten thousand square meters of land be completed? No company can withstand such a consumption!”

Some representatives of real estate companies felt that the location was not ideal, especially because the development resistance was too strong, since there were too many schools around.

At this time, forty million yuan was already shouted for the second time. Just as the host was about to strike the hammer, Jian Changsheng suddenly raised his card. “Forty-three million yuan!”

Everyone couldn’t help but look up when they heard that. Seeing that it was the chairman of the Jian Group, they understood. Probably only a corporation like the Jian Group could manage this piece of land.

However, before the host could count down, Jian Ai slowly said in a small voice, “Forty-six million yuan!”