Chapter 316 - 225: The Big Boss_3
Song Yanxi sat on her own double bed, too excited to sleep the whole night.
She’d grinned stupidly all evening.
In Capital City, Splendid Night raked in around 1.3 billion in sales, subtracting the cost of the event and various product expenses, gross profits were still around 800 to 900 million.
Plus, the music festival held in Magic City, Water Cloud Space really became the top beauty salon brand in the country overnight.
This month, two flagship stores, each with an investment of over 100 million, had also opened in Magic City, and the other thirty-two had a combined investment of 800 million.
All were currently under renovation, expected to officially open before June.
In the blink of an eye, three years had passed.
Water Cloud Space had grown from its original Shijingshan store to this scale.
Its net profits could bring her family over ten billion a year.
It was pretty exaggerated, to say the least. n/ô/vel/b//jn dot c//om
"Husband, why do I feel like we have too much money to spend?"
"What you’re feeling is completely an illusion; you wouldn’t think so if you went to Xiangjiang," he said.
Song Yanxi cocked her head and was quite tempted, after all, their family had never been to Xiangjiang before.
If you compare it to the inland property prices, Capital City, Magic City, Guangzhou, and Shenzhen are the ceiling of housing prices.
But compared to Xiangjiang, these are nothing.
Over there, houses are sold by the foot. If you convert that into square meters, the mid-to-high-end properties are about 400,000 per square meter.
The super-first-tier mid-to-high-end in the mainland is on the 100,000 level, which is about four times higher.
Xiangjiang got rid of public shares in the property a long time ago.
With such exaggerated housing prices, who could stand having public shares?
There is a three-day holiday for New Year’s Day, and only a few people need to work overtime.
Overtime is also done at home, and Song Yanxi suddenly wanted to take a look at Xiangjiang.
The chunky girl had long wanted to go there; Chen Pingsheng didn’t mind, taking the whole family for a trip was fine.
The next day.
After washing up, the two had a mild breakfast of egg noodles fried with chili and meat.
Then, they took the whole family on a detour to Xiangjiang.
Xiangjiang is a great place.
The most ordinary workers or sanitary cleaners, security guards, and the like, earn at least twenty to thirty thousand a month.
The wages are high, and the prices are astronomical.
Of course, the most exaggerated are Xiangjiang’s houses.
The mid-to-high-end areas cost about 400,000 per square meter.
As for those top-tier mansions on the Mid-Levels, the properties on Galleon Peak Road, and the like, the prices start at 1.2 million per square meter.
Ordinary people can’t even think of buying a house here, renting is a luxury.
The wealthy live on the mountain tops, the poor cram into pigeon-holes, six people squeezed into a space of just a few square meters.
Eating side by side with the toilet.
You can imagine that kind of life, how suffocating it must be.
The Chen family was welcomed by a few scions of Xiangjiang’s wealthy families.
He had quite a few rich friends here, like the third generation of the Guo family and Liu Zihao of the Liu family.
They had met in Magic City and had even collaborated on several projects.
After coming here, it was natural to get in touch with some acquaintances.
Chen Pingsheng sat in the spacious rear seat of the Phantom, where Luo Dayou’s "Queen’s Road East" was playing.
Looking around, there were billionaires on the hill, and life was tough below.
"Dad, do you think I could earn ten thousand a day playing the erhu here?"
The chubby girl, having always wanted to visit Xiangjiang, was finally here.
She was beyond happy.
"Well, you’d have to pay a stall fee of several hundred thousand first, then we can talk about playing the erhu on the street."
"That expensive?"
"What else did you expect?"
The family first stayed at the Peninsula Hotel, where the room rates weren’t steep, just over thirty thousand a night.
If you talk about what’s special in Xiangjiang, there’s the gambling boats, the entertainment, and endless glitz.
Chen Pingsheng, with a three-day holiday, didn’t want to think about anything else but accompany his wife and kids shopping.
Chen An’an wore a pair of large sunglasses and carried her Small Erhu on her back, thankful that she didn’t bring her large golden bowl.
Otherwise, he really wouldn’t want to walk too closely to her.
There are many duty-free shops in Xiangjiang, and luxury goods are obviously cheaper than in the Mainland.
Quite a few people made their fortunes on these items.
For instance, a bottle of wine sold for over 400,000 in Xiangjiang—if you could take it to the Mainland,
avoiding customs inspection,
and hand it over to someone, you could make a clear profit of fifty to sixty thousand.
Of course, if it got inspected, that wine worth hundreds of thousands would be gone.
Earning a few million a year depends on luck and guts, and if you want no upper limit,
it depends on your connections.
This is smuggling, simply put, tax evasion.
Song Yanxi bought quite a lot of luxury goods, but what she really wanted to buy was real estate.
Although the housing prices in Xiangjiang were high, to her, it was just so-so.
After selecting back and forth, she settled on TWELVEPEAKS at 1 Galleon Peak Road on Xiangjiang’s mountaintop.
It came with a private garden and swimming pool, offering a view of the Southern District sea.
She fancied a mansion with an excellent view, with a practical area of 450 square meters.
No public shares involved.
Which equated to over 600 square meters on the Mainland.
Many bigwigs from the Mainland had bought properties here, like the famous number 22 Baijia Dao.
Mr. Ma spent 1.5 billion HKD on it.
Sooner or later, their family was bound to buy a house in Xiangjiang.
Once the super-yacht was complete, it too would be moored at Xiangjiang’s harbor.
The big girl particularly liked it here; the house hadn’t been bought yet, but she sat alone on the mountaintop, playing the Small Erhu, feeling invincible and bursting with inspiration.
She vowed to create a world-famous song right there and then.
That kind of talk is just hot air and nothing more.
Song Yanxi had her eye on the house, but the price did make her wince.
The unit price was 1.8 million per square meter.
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That was after negotiating it down to the lowest possible price.
450 square meters added up, amounting to 8.1 billion HKD on the ground.
To claim it wasn’t outrageous would be a lie; the family’s large flat on The Bund in Magic City, at over 500 square meters, cost just 1.2 billion.