On Friday, a land auction involving only four real estate companies began. Two small supporting companies each bought a small plot of land in the Pudong suburbs, while the two most attractive prime plots in core Pudong became the targets of competition between He Wenjie and Madam Lin. The first plot was a piece of land where demolition plans had already been completed; the buyer could immediately begin design and construction after purchase. The second plot was in a better location than the first, but its drawback was that it still contained a large number of resident households, and it was estimated that just mobilizing these people for demolition would require a considerable amount of effort. The competition between the two was fierce, and in the end, He Wenjie bought the first plot at a price fifty percent higher than its value at the time. In the competition for the second plot, He Wenjie still pursued Madam Lin relentlessly, and ultimately Madam Lin won the bid for this land at 1.4 times its value.
The reason Madam Lin focused on winning the second plot was because she was confident she could relocate the residents within this area in the shortest possible time, so in her view, the land value of this second plot was even higher than the first.
After the auction ended, Madam Lin suddenly received news that made her want to vomit blood: the network of connections she had cultivated in Shanghai over the years suddenly changed their attitude toward her entirely. This sudde…
Chapter 410