You need to change your plan

"President Chen!"

Mei Yun walked to the desk and greeted him respectfully.

"Hmm! Sit down."

Chen Mo looked at Mei Yun, who had just entered, and gestured to the chair in front of the desk.

"Tell me, how are things going with the unfinished building project?"

"President Chen, Wuren Construction has already been registered. The site location has been decided, and I've already discussed the renovation with Wang Yang. Once we secure the site, Wang Yang can immediately go to take measurements. He will definitely produce the design drawings at the fastest possible speed, and then we can proceed with the renovation."

"As for the unfinished building, I have already prepared a detailed report. You can take a look."

Mei Yun quickly recounted the tasks assigned by President Chen and then took a report from his pocket and handed it over.

Chen Mo nodded slowly as he listened to Mei Yun's account, then reached out to take the report.

He started flipping through it casually.

The content of the report was very detailed, covering basically how to take over the unfinished building, what procedures needed to be handled, and how to continue construction after taking it over.

According to the data provided by Mei Yun, there were a total of 10 buildings, some of which were already half-built.

It would be entirely possible to continue building on the existing structures.

This would save time and also save a portion of the funds.

Chen Mo frowned slightly as he read this content.

Saving funds? This was the last thing he wanted to see. He took over this unfinished building specifically to spend money. If you save money for me, where am I supposed to spend it?

He complained slightly to himself and moved on to the budget at the back.

When he saw the price in the budget, Chen Mo's brow, which had just slightly relaxed, furrowed tightly again.

To take over an unfinished building, the budget was only 700 million? This was simply too far from the 1.7 billion he wanted to spend.

"President Chen, is there a problem?"

Seeing President Chen's tightly furrowed brow, Mei Yun couldn't help but feel a bit worried.

"Naturally, there is a problem."

Chen Mo looked up at Mei Yun, thinking to himself, 'Your plan makes me spend 1 billion less, how could there not be a problem?'

"President Chen, if there is a problem, please tell me. I will go back and change it."

Mei Yun spoke quickly. When he came, he hadn't expected his plan to be approved by President Chen on the first try, so he was already prepared to make changes.

Chen Mo looked at Mei Yun's humble attitude and nodded slightly.

This was the attitude he needed from his employees.

"Hmm!"

"There are many things in your plan that need to be changed."

"The first point is the issue of how to handle the unfinished building. I do not agree with your plan to take over the unfinished building and continue construction on the existing project."

"After all, we don't know the quality of the previous construction. Moreover, the most important thing for a building is its foundation. If we are building a building where we didn't even lay the foundation, would you trust the quality of that building?"

"President Chen, what do you mean?"

Hearing President Chen's words, Mei Yun already had a slight guess in his heart.

"Rather than trusting others, it is better to trust ourselves."

"Since we are building a building, we must build one that is completely created by us. Only then will we feel at ease."

Chen Mo stated his thoughts directly.

"President Chen, if that's the case, the budget will likely need to increase significantly. I estimate it will require about 800 million in funds."

"Budget? You don't need to consider that. This is settled. Tear down all the previous structures and rebuild them."

"President Chen, aside from the budget, there are some other issues."

"We discussed this before; this unfinished building project already had nearly 100 units pre-sold. After we take over, we naturally have to take over those 100 pre-sold units. But if we tear it down and rebuild, and the layout changes, how should we communicate with those homeowners?"

Mei Yun looked troubled. Actually, the biggest trouble with unfinished buildings was those homeowners who had already purchased pre-sold houses.

Those homeowners had spent money—some of them even their life savings.

Before, they couldn't find anyone to hold accountable. Now that this unfinished building had been taken over by President Chen, as soon as those people heard the news, they would definitely come looking for an explanation at the first opportunity.

If some extreme individuals did something irrational, who knew if it would cause irreparable consequences?

Therefore, if those homeowners weren't given a proper explanation, even if the situation was stabilized for now, a lot of troublesome things would arise during the process of rebuilding the project later on.

For example: if you are halfway through the project and those people come to the site to cause trouble, how would you handle it? Even if it was handled, it would delay the progress of the project.

"That's easy to handle."

Hearing the problem Mei Yun was worried about, Chen Mo smiled indifferently.

"How much was the housing price for those 100 pre-sold units?"

"70 million."

Mei Yun answered, not knowing why President Chen was asking this.

"Then we will just take out 70 million and return the money they used to buy the houses to them."

Chen Mo said as if it were a matter of course.

He couldn't possibly build the same layouts as before for those current buildings, so there was simply no way to give those people houses. Since that was the case, just give them money.

Whatever amount they used to buy the house, just return that amount to them. They could take the money and buy another house if they wanted, or do whatever they pleased.

Of course, in this process, those who bought houses with loans would still lose money—the interest on the mortgage they had paid over the past few years. But that was not something he could concern himself with.

Losing the interest versus not getting the entire house payment back—he believed that as long as those people weren't stupid, they would make the right choice.

Furthermore, housing prices were falling now, and with the eastern part of the city not yet developed, prices were falling even more.

When they initially bought the houses, they had all bought them at a premium. If calculated this way, the property they bought, even if it hadn't become an unfinished building, would still be in a state of loss, perhaps even more than the loss of interest.

Therefore, if one were to calculate carefully, whether these people lost or gained, no one could say for sure.

"Refund the money?"

Mei Yun was stunned.

He hadn't expected this decision from President Chen. If they did it this way, President Chen would lose even more money.

If those people bought a house for 600,000, and if he gave them a house, the actual construction cost of that house would probably only be around 400,000-500,000, or even lower. But if he refunded the money, that would be a concrete 600,000 spent!

"That's right, just refund the money. I have my own ideas for the construction of the unfinished building, so there is no way to give those people houses. Refunding the money is the best choice."

Chen Mo looked up at Mei Yun and made the decision directly.

"I understand, President Chen. Are there any other problems with this plan?"

Mei Yun nodded and noted down President Chen's requirements.

"Naturally, there are. That is the issue of your budget for the unfinished building."

Chen Mo said seriously. What was discussed before was just minor stuff; now they were getting to the real point.

"Is the budget a bit too high? President Chen, the price in my budget was estimated based on mid-range designs. If it's too high, we can still lower the budget."

Mei Yun spoke quickly.