TV Football Commentator's Remarks:
This is exactly Henda Group's next major project!
The location for the football stadium was not among the highly speculated hotspots that the public had been debating. Instead, the site was chosen 30 kilometers outside the city in the suburbs.
The reason for this selection is that the location is at the intersection of Jiangzhou and several surrounding cities.
Of course, that alone is not enough for Henda Group to decide to build a professional football stadium there.
The most critical reason is that the extended section of Jiangzhou Metro Line 10 will pass through the area.
With this development, what was once considered a remote and desolate area will transform into a highly sought-after location. This is because it connects Jiangzhou with several neighboring cities!
Ye Chen vividly remembered.
In his past life, when Henda Group announced the stadium's location, it went viral on social media.
Everyone thought Henda Group had lost its mind. The poor transportation infrastructure discouraged many local fans living in Jiangzhou from attending games. People claimed Henda Group was focusing too much on expanding its fanbase by attracting spectators from surrounding cities while ignoring the inconvenience to local fans.
However, ten days later, the Jiangzhou municipal government announced the extension of Metro Line 10.
When the news broke, not only Jiangzhou but also the surrounding cities were ecstatic.
This announcement not only solved the issue of fans commuting to the stadium but also greatly benefited the residents of nearby cities.
Overnight, savvy investors turned their attention to the previously overlooked suburban area, now considered a gold mine.
The location was poised to become a major transportation hub, attracting massive foot traffic and becoming a golden district.
However, not everyone was happy.
Reports said that dozens of original residents in the suburban village were filled with regret.
When Henda Group initially began offering hundreds of thousands to a million yuan to acquire properties, the villagers were overjoyed. After all, the houses were old, dilapidated, and some could even be deemed hazardous structures.
In terms of value, the land underneath had some worth, but its remote location meant it wasn't worth much.
Yet, just ten days later, with the announcement of the Metro Line 10 extension, regret wasn't strong enough to describe their feelings.
If they had waited just ten more days, they could have sold their properties for several times the original price!
Reflecting on this, Ye Chen took out his phone and checked the date: July 8th.
This was one week before Henda Group would begin acquiring properties in that neighborhood.
He needed to act quickly!
But in that instant, Ye Chen realized he was in a tough spot.
Although he knew that purchasing these properties now and selling them later to Henda Group would yield tenfold returns, he had already invested all his assets in shorting Sihai Group through Li Changfeng.
He hoped the trap at Maple Leaf Hotel would spring soon. Otherwise, he would have to pull out.
Even so, Ye Chen had no regrets about diverting his money to short Sihai Group.
After all, buying those old houses also required significant funds.
With 27 million yuan, he could only buy around 20 properties at most.
But after the windfall from shorting Sihai Group, he could purchase at least 40 properties.
Given the prospect of tenfold returns, even if Ye Chen had recalled Henda Group's plans earlier, he likely would have made the same choice.
Standing up, Ye Chen left his home and hailed a cab.
"Driver, please take me to Jinzhong Village in the suburbs!"
About an hour later, Ye Chen arrived at Jinzhong Village.
This was the site where Henda Group's football stadium would be built.
His first impression? Filthy, chaotic, and run-down!
It was even worse than Jiangzhou's worst urban village near Jinlin Mansion.
If it weren't for the fact that Jinzhong Village fell under Jiangzhou's jurisdiction, no one would believe such a place existed in the city.
Then again, it made sense. Otherwise, how could Henda Group have acquired the area at such a low price in his past life?
"Excuse me, how can I find the person in charge of Jinzhong Village?" Ye Chen asked a middle-aged man as he entered the village.
"Person in charge? Jinzhong Village only has a few dozen households. There's no one officially in charge!" the man replied, looking at Ye Chen warily.
"Who are you? What do you want here?"
"I'm just wondering if anyone here is willing to sell their houses, including the land beneath them," Ye Chen said.
"Huh?"
The man, initially slouched on his motorcycle, immediately straightened up.
"You want to buy houses in Jinzhong Village?"
The man's eyes narrowed suspiciously.
Who in their right mind would want to buy property here?
This place was like a no-man's-land, filled with dilapidated homes over 20 or 30 years old.
"No one sane would want to invest here!"
"Yes, my boss is looking for cheap properties in Jiangzhou, and after scouring the city, I figured Jinzhong Village might be a fit," Ye Chen lied smoothly.
"What? You're looking to buy several properties? Are you joking?"
The man's breathing quickened.
The villagers had long wanted to leave this run-down area, but without money, they couldn't move elsewhere.
"Do I look like I'm joking?" Ye Chen said with a harmless smile.
"Alright, then how much are you offering?"
"That depends on the size of your houses," Ye Chen replied.
"The houses are all built on old collective farmland. Most are around 120 square meters, some two-story, some three-story," the man said. Then, as if struck by a thought, he eagerly pressed, "How much are you offering?"
"If that's the case, let me give you a base price: 1 million yuan for three-story houses, 900,000 yuan for two-story ones," Ye Chen said.
The man froze, stunned.
"Are you serious? One million for three-story houses? Nine hundred thousand for two-story ones?"
His voice was trembling with disbelief.