Disadvantages

Mei Yun quickly recounted all the drawbacks of taking over this unfinished building project.

From General Manager Chen's words, he could tell that General Manager Chen had the intention to take over that unfinished building.

However, the drawbacks of that unfinished building were simply too numerous.

He felt it was necessary to make them clear.

"So many drawbacks!"

Chen Mo listened to Mei Yun's account, his brows relaxing.

He wouldn't want it if there weren't any drawbacks.

The more drawbacks, the better.

"I understand this unfinished building now. It's excellent. Go ahead and negotiate, then calculate the approximate funds needed to develop it. The deadline is September 15th. Just submit it to me."

Chen Mo tapped the desk lightly and made his decision directly.

"General Manager Chen, you really want to take over that unfinished building?"

A flash of disbelief crossed Mei Yun's eyes. He hadn't expected that even after laying out the drawbacks of the unfinished building so thoroughly, General Manager Chen would still want to take it over.

This was something he had completely not anticipated.

"That's right, just take over that unfinished building."

"But there is a very high probability that it won't make money after taking it over, and there's even a possibility of losing even more."

"That's where you're wrong. How can you say it won't make money? You haven't even built it yet, so how can you say it won't make money?"

Chen Mo looked at Mei Yun and guided him patiently.

"But even if it could make money, the profit margin wouldn't be as high as other real estate projects, and the probability of making money is very low. This isn't just me guessing; I've investigated the properties already built in the surrounding area."

"The selling price of those properties is much lower than elsewhere, and there aren't many buyers. In that Complex, nearly three-quarters of the units are unoccupied."

Mei Yun continued to speak, hoping that General Manager Chen would give up on the plan to take over the unfinished building.

Whether it was out of his duty as an employee of General Manager Chen, or because General Manager Chen had done so many charitable deeds that he admired, he did not want to see the General Manager fall into this huge pit.

Chen Mo frowned slightly upon hearing Mei Yun's words. The surrounding Complexes actually had a 25% occupancy rate.

This wouldn't do.

A 25% occupancy rate was too high.

It must be because the housing prices were too low. It would be better to raise the housing prices later; preferably, set them as the highest in all of Jiang City.

That way, no one would buy property in this place.

As for why the pricing would be so high, that was easy to handle: use high-quality materials during construction.

The landscaping of the Complex, along with other supporting facilities, would all be top-tier.

In that case, having higher housing prices shouldn't be a problem, right?

With construction costs up and expenses increased, and then failing to sell—the loss-making plan would complete its closed loop directly.

Simply perfect!

In his heart, Chen Mo put a perfect period on this plan of his.

"I have already made my decision, just carry it out."

"By the way, these next few days, you need to register a construction company, and then choose a location for the company. The only requirement is that the company's area must be large, no less than 2,000 square meters."

"If you don't understand how to register a company, you can find Tang Qiu from Hundred Books Law Firm. She is very knowledgeable about these matters."

"Also, once the company's location is chosen, it will definitely need renovation. Just find Wang Yang for the renovation; you know him."

Chen Mo looked up at Mei Yun and said with a serious expression.

Previously, company registration had always been Tang Qiu's job, but now that Tang Qiu had established her own law firm, it wasn't appropriate to keep asking her to handle these things, though asking for advice wouldn't be a problem.

And then there was Wang Yang. Wang Yang had been working on renovations at the apartment Complex, and Mei Yun had also been there, so the two were already familiar with each other.

He didn't need to say much more.

"I understand, General Manager Chen."

Mei Yun sighed inwardly. Since the General Manager's attitude was firm, he couldn't persuade him any further.

"Then General Manager Chen, if we are registering a construction company, what name should we choose?"

"A name!"

Chen Mo pondered for a moment before speaking.

"Let's call it Wuren Real Estate."

"Wuren Real Estate?"

Mei Yun was stunned. Was this name really appropriate for a real estate company?

"Yes, Wuren Real Estate."

Chen Mo nodded in confirmation.

He hoped that the Complex he built would have absolutely no one living in it.

If the houses couldn't be sold, wouldn't he be losing money?

"Then General Manager Chen, I will go handle the company matters as soon as possible."

"Mm!"

Chen Mo nodded.

Having received the General Manager's approval, Mei Yun got up and left the office directly.

Just as he reached the door, he happened to see Shen Rou walking in carrying a food basket. He greeted her and walked out.

Entering the elevator,

In his mind, he kept thinking about the unfinished building. Even now, he didn't know what General Manager Chen's intention was in choosing that unfinished building.

Ding!

The elevator suddenly stopped.

Two figures walked in; judging by their attire, they should be management.

The floor was the 23rd, so that would be management from Boring Short Videos. However, he hadn't joined Mingri Group for very long, and he had been busy handling matters at the apartment Complex the whole time.

Therefore, he wasn't very familiar with the people here.

He didn't recognize the two people who entered the elevator either, so he nodded politely to greet them.

Soon, the elevator continued to descend, and a few more people entered, also management personnel he didn't recognize.

The elevator descended again and stopped.

The elevator doors opened.

This time, three more people entered.

Those two greeted the people in the elevator familiarly, but when they saw him in the back, they paused, then smiled and spoke.

"Brother Yun!"

"Why are you here?"

Luo Xiao came to Mei Yun's side, looking surprised.

He had just finished discussing matters with Zhang Lan and hadn't been back long; he didn't expect to run into Mei Yun.

"Oh, General Manager Chen called me over to discuss some things."

Mei Yun replied.

"Is that so? Then let me make some introductions."

Luo Xiao nodded upon hearing this and didn't press further.

Instead, he turned to look at the others in the elevator.

"This is General Manager Wei Yan from Cangxue Games, this is General Manager Fang Chang, and Director Zhao Bowen. And these two are General Manager Li Shen and General Manager Wu Yu from Boring Short Videos. This is General Manager Wang Bin, he is in the same company as me."

"This is Mei Yun, currently managing affairs over at Corner Home."

The people in the elevator greeted him one by one after hearing Luo Xiao's introduction.

"Hahaha, we are all people from the same Group, don't be so reserved."

"By the way, it's just lunch time now, let's go to the cafeteria to eat together. I don't know if Brother Mei has eaten at the company cafeteria before."

Wang Bin leaned out from the side and said enthusiastically.

The cafeteria?

Mei Yun was stunned. The few times he had come, he had left as soon as he finished his business, so he really hadn't been to the company cafeteria.

"That's right, everyone should get to know each other. Also, General Manager Wei is recognized as the person in the company who understands General Manager Chen the best. If General Manager Chen arranges something for you that you don't quite understand, you can go to General Manager Wei to figure it out."

Luo Xiao chimed in from the side.

Things he didn't quite understand?

Mei Yun suddenly thought of General Manager Chen's decision just now.