Millionaire Suddenly Appears - C207 The Bid Was Successful
C207 The Bid Was Successful
As the auctioneer announced his starting bid, the audience started to bid one after the other.
Many people were optimistic about this area and soon raised the price to 50 million. Wu Tian also raised the price.
“55 million…”
After Wu Tian raised the plate, the scene gradually quieted down.
The current market value of this piece of land was around 40 million, and the premium was not more than 50 million. If the price were to exceed 50 million, it would be impossible to make profits with the later development.
“56 million …”
Just as the audience went silent, Geng Yunguang, who was not far away, couldn’t help but raise his price.
As soon as he threw the card, everyone clamored. None of them expected that the property tycoon would bid for the land at a premium.
Actually, no one knew that Geng Yunguang wasn’t interested in the land, he was just purposely going against Wu Tian.
“Fifty-seven million.” Wu Tian did not back down and bid again.
He was very interested in this land, and he didn’t want to lose to Geng Yunguang.
“58 million.” Geng Yunguang continued to bid.
“59 million.”
“Sixty million …”
The bidding competition between the two began, and the whole venue was filled with the thick smell of gunpowder.
Everyone could see that there was clearly a grudge between the two of them and they were bidding against each other fiercely.
In the end, 30 million land masses were called up to 80 million.
“A hundred million …” Wu Tian didn’t have the patience to continue bidding and directly raised his card to bid a hundred million.
This was because every plot of land had a maximum price. If the price exceeded the maximum, it would be automatically obtained. The dissolving price of this plot of land was one hundred million.
“Alright!”
The auctioneer pointed at Wu Tian and immediately announced: “Congratulations No. 22, you have bid 100 million for this land”
“Pa Pa Pa …”
A round of applause rang out from the audience.
Geng Yunguang’s expression was even uglier than dog shit. He never thought that Wu Tian would be so bad. He completely did not follow the rules and directly quoted the final price.
In this small secret battle, he lost to Wu Tian in the end.
Soon, the land auction ended and everyone left.
Geng Yunguang walked in front of Wu Tian with a cold expression and said with a sneer, “Brat, you lost five hundred million for nothing. How are you feeling?”
“Don’t worry, I can afford to lose. Unlike some people who have no chance of winning at all.” Wu Tian grinned and replied, “I’m afraid a lot of people at the venue will think the real estate magnate lost to a young man. What a shame.”
“Kid, you really want to fight me?”
“I do not wish to fight you because I am very busy. However, I will not be afraid of you. As long as you wish to fight, I will accompany you to the end.”
“Good boy, I’ll soon let you know how powerful I am.” After Geng Yunguang said this, he threw a cold glare and turned around to leave.
Seeing Geng Yunguang walk away, Liu Mengyao nudged Wu Tian with her arm and complained, “Are you stupid? You spent a hundred million to buy that crappy piece of land.”
“I’m not dumb, I just feel that P30’s potential is limitless.” Wu Tian frowned with a serious look.
“Near the suburbs, outside of the Third Ring, what potential do you have?” Upon hearing those words, Liu Mengyao was even more confused.
Her family was in the real estate business, and she knew a little about these things.
In her opinion, the land Wu Tian spent money to buy was not worth much. It was definitely not worth a hundred million.
“What if P30 had a light rail?”
“If there is a light rail line, it will definitely be ten times stronger.” Liu Mengyao could not help but ask, “But there is no light rail in that place.”
“Light Rail Line One.”
“Are you crazy? The light rail line 1 is so far away.”
“Currently, the light rail is only at the Second Ring, but I believe that it will be extended to the Third Ring very soon. This is the law of the city’s development.”
“There’s no plan. Even if there is an extension line, how can you be sure that it will pass through the P30 plot?” Liu Mengyao had a big question mark on her face.
“I’ve already thought about what you were thinking.” Wu Tian turned around and pointed to the Luzhou map hanging on the wall, and explained: “According to the plan, the light rail will definitely end up in the Merchant City, and the curve of the light rail will not be too big. Along the way, they will always pass by the densely populated area …”
Wu Tian explained everything with great patience.
After listening to her explanation, Liu Mengyao nodded her head in agreement. “What you said seems to make a lot of sense.”
“According to the characteristics and construction cost of the light rail, a large probability of the extension line would have to pass through the P30 plot.” Wu Tian put his hands in his pockets and looked up proudly, “If the extension line passes by, the development value of P30 will be increased by three times.”
“There are too many factors affecting the movement of the light rail. What if the extension line doesn’t go through P30?”
“If the light rail doesn’t pass by, then I will lose.” Wu Tian shrugged indifferently and said with a smile, “This is a big bet for me. If I lose, I lose 50 million. If I win, my profit will be many times higher.”
Actually, if it wasn’t for Geng Yunguang, the price would only be 60 million this time, so it would be impossible for it to be so high.
“Pa Pa Pa …”
At this moment, Liu Jun walked over while clapping his hands. He stretched out his thumb and complimented, “Your vision is really long. If you don’t tell me, I wouldn’t even think about the light rail extension line.”
He had been standing behind and eavesdropping on the conversation between Wu Tian and Mengyao.
Listening to these analyses, he felt that it made a lot of sense.
The extension line would be repaired sooner or later. According to Wu Tian, if it was repaired, it would definitely pass near the P30 plot.
The key issue at hand is uncertainty about the duration of the repair extension line, which is a big risk after a decade.
“To be honest, I don’t understand much about real estate. The reason I spent so much money to buy this land is mainly to gamble.” After Wu Tian said this, he added, “Of course, it’s also to restrain Geng Yunguang.”
“Could it be that you have a grudge with Boss Geng?”
“Not really.” Wu Tian shook his head and explained, “I just ruined that guy’s plans.”
He then recounted in detail what happened in the washroom.
“Tian, it’s not worth it to offend Geng Yunguang for such a small matter.” After learning of what had happened, Liu Jun couldn’t help but softly reprimand him. 2
“I only care about right and wrong. As long as I think it’s right, I will do it.” Wu Tian said with a smile.
Liu Mengyao, who was at the side, expressed her support, “Yes, I think Wu Tian did not do anything wrong this time. He has a sense of justice.”
“What do you know?” Wu Shuang rolled his eyes at his daughter, then his gaze fell on Wu Tian, “Geng Yunguang is rich and powerful, and narrow-minded. If you offend him this time, according to his personality, he won’t let you off.”
“I’m going to block him since he wants to deal with me.”
“It’s not that simple. If Geng Yunguang made a move, you would be in big trouble.” Liu Jun sighed lightly. His eyes were filled with anxiety and unease, and his heart was worrying for Wu Tian.
“I don’t take the initiative to cause trouble, but I’m never afraid of trouble either.” Wu Tian acted like he didn’t care and said confidently, “I believe I can handle it.”
“Then you must be careful.”
“Don’t worry, I’ll be fine.”