Chapter 535 Stick to Four Bare Walls!
Boss Pei’s praise had co out of nowhere. Liang Qingfan was shocked.
Two minutes later, he regained his composure. He looked slightly embarrassed as he said, “But Boss Pei, this is not just about the design —it’s about the cost as well!
“Take this apartnt for example. It costs five hundred thousand yuan. Full renovations and modifications would cost at least three hundred thousand yuan. That’s almost as much as the house itself! It wouldn’t be worth
“On top of that, you’re buying two buildings. That’s thirty-two apartnts in total. If the renovation of each apartnt cost three hundred thousand yuan, it would add up to close to ten million yuan in total...
“There were seventy-seven apartnts in the previous residential-comrcial building as well. If the renovation of each of those apartnts cost 120 thousand yuan or so, it would add up to another ten million yuan.
“Including the cost of making those apartnts look more luxurious, renovation of all these new buildings alone would cost twenty million yuan...”
Pei Qian fell silent.
Liang Qingfan heaved a long sigh. It was just as well. Pei Qian had not done his calculations before this. He was only deciding to buy those buildings because they were cheap. He had not considered the cost of renovation.
Renovation of the building in the Dawn of Prosperous City cost a lot as well, but the apartnts were huge! What’s more, they were exquisitely renovated. That ant they could attract ballers to rent the apartnts.
On the other hand, these apartnts were so run down that no one wanted to buy them or live in them. Spending three hundred thousand yuan just to renovate each of them would be too foolish!
It was not utterly useless, but the price-quality ratio would be extrely low.
However, after a few seconds, Pei Qian asked, “Twenty million yuan... could we increase it? Would it be difficult to spend another ten million yuan?”
Buying the buildings would spend almost all the revenue earned from the sale of Tomorrow is Beautiful’s tickets. However, Aili Island was still going to split their profits with Tengda! After winning an award last month, Tomorrow is Beautiful’s views on Aili Island were ballooning. Under the contract for shared profits, Tengda Corporation was to receive a huge sum of money each month. Pei Qian could only wish to spend as much money as possible on renovations. After all, there were very low risks involved in pouring money into renovations.
Liang Qingfan blinked and then realized that he had misunderstood Boss Pei. What did he an? Boss Pei had not thought that twenty million was too much, but too little?
Liang Qingfan frowned as the cogs in his brain turned at full speed.
“Boss Pei, I understand now.
“Do you want to renovate the apartnts exquisitely and luxuriously to give these ordinary houses a luxurious character? Is your aim to rent these apartnts at high prices to tenants who would not be sensitive to price?
“The previous apartnts were huge and expensive, leaving us with very little choice of tenants other than ballers. However, these new apartnts are much smaller, and the buildings are cheap. Are you planning to make them look grand to attract ordinary petit-bourgeois and give them a chance to experience the high life...?”
Pei Qian: “Let’s not add a single cent to twenty million yuan.”
Liang Qingfan’s reminder suddenly made Pei Qian realize that there would be dire consequences to his actions.
The System had an upper limit for Sloth Apartnts’ rent. Although it would take the extent of renovations into consideration, the prices would still be based on the location, area, and average price of apartnts with such configuration.
The apartnt that Pei Qian was living in could be pegged at such a high price because of its large surface area.
However, the new buildings were all small-sized. The apartnts in the residential-comrcial building were less than forty square ters while the apartnts here were less than seventy.
What’s more, the forr was a residential-comrcial building and the latter was in a bad location. No matter how nicely they were renovated, the System would not allow Pei Qian to charge too high a rent.
He guessed that each apartnt would cost about two to four thousand yuan.
If Pei Qian made the apartnts look luxurious by spending large sums of money on branded sofas, gigantic televisions, branded furniture, and the like... and if Liang Qingfan designed the apartnts well...
They would be able to dissuade particularly poor tenants, but they would also attract all the yuppies!
Those pretentious, cultural youngsters would see that the apartnt was small, oddly-shaped, and had poor lighting; they would not be able to buy their own furniture, and they would face a lot more problems; and monthly rent would cost a thousand yuan more than other houses. However, the apartnts looked grand!
Just one sofa would cost ten to twenty thousand yuan. For an additional one thousand yuan each month, those yuppies would be able to live a luxurious life. Of course, they would fight one another to stay in the Sloth Apartnts.
After regaining his composure, Pei Qian understood that these apartnts could not be as extravagantly designed and furnished as the previous ones. After all, the previous ones were huge, and few ballers in Jingzhou would be able to afford them. However, the smaller the apartnt, the less sensitive tenants would be toward premiums.
Furthermore, these apartnts were extrely small; limiting tenants to entire tenancies would be much less effective in dissuading people from renting.
“Let’s work according to the standard that you set earlier-twenty million yuan. Spend three hundred thousand yuan on renovating each apartnt here and 150 thousand yuan on renovating each apartnt in the residential-comrcial building. That’s it, then.” Pei Qian emphasized once more.
Liang Qingfan: “...”
Wasn’t Liang Qingfan supposed to understand Boss Pei’s intentions better? Today was only his first attempt, and yet he was already failing so badly?
Indeed, this was a technical job that required much more practice. Liang Qingfan had thought that he already understood Boss Pei’s way of thinking. However, just as he voiced out his thoughts, Boss Pei ruthlessly slapped him across the face.
He could not help but feel disappointed.
Yet, as Pei Qian looked into Liang Qingfan’s eyes, the forr could not help but grow in appreciation.
Good. I like brothers like those who are not good at hiding their words and who say things as they are!
The other employees try to figure
out behind my back and then don’t tell
when they think they’ve figured
out. You work at understanding
right in front of
and then tell
exactly what you understood.
You’re teachable because you correct
before I have a chance to take a possible misstep!
Pei Qian cleared his throat. “Mr. Liang, I asked you to be the person-in-charge of Sloth Apartnts earlier. Have you considered it?
“Of course, more accurately put, you would be a partner. You would enjoy the treatnt of Tengda Corporation’s higher managent, and you’ll be awarded a bonus each month based on your project’s initial investnt and rating on TPDb.”
Liang Qingfan was moved.
A month ago, Pei Qian had already expressed his interest in recruiting Liang Qingfan. At the ti, Liang Qingfan avoided giving Boss Pei a reply, in an attempt to act aloof.
During that one month, Liang Qingfan had processed a lot more information on Tengda and had made up his mind.
Of course, he would work for Tengda Corporation. The treatnt was too good to turn down!
As the person-in-charge, he would get generous bonuses based on his project’s reputation and initial investnt. Compared to his previous workspace, his inco would be significantly higher.
What’s more, he would get to work with a leader like Boss Pei. That would greatly boost his career prospects!
Liang Qingfan almost agreed imdiately, but he hesitated and said, “Boss Pei, can I make a tiny request?”
Pei Qian was surprised.
Hey, this brat can withstand the temptation of Tengda Corporation’s benefits and attempt to haggle with ?
Not bad. I like young n like you, who would raise prices for . It’ll save
the energy of having to think of reasons to increase your pay.
Co on, extort
as much as you can!
Pei Qian nodded. “Of course, you can. Speak your mind!”
Liang Qingfan cleared his throat. “Boss Pei, I noticed that you have set up many physical shops, such as Fish-Catching Internet Cafe, Fish-Catching Take-Out, and Deposit Fitness, and that you’re rapidly expanding.
“Of course, I can’t run from being in charge of Sloth Apartnts’ renovations.
“However, I also noticed how ordinary the style of your other shops is. If you plan to renovate those physical shops in the future... can you hand those projects to
as well?
“I’m asking for no other reason than that I think the current style of the shops does not match up to Tengda’s class.”
Pei Qian could not help but feel disappointed.
That was it?! Aren’t you going to take the opportunity to ask for a raise?
However, on further thought, that was not a bad suggestion either.
Pei Qian nodded. “Of course! I’ll leave them all to you! How about this? Once you’re done with the Sloth Apartnts, start looking for the best-performing shop; you can renovate that one!”
In the past, before Fish-Catching Internet Cafe beca popular, Pei Qian would have turned down Liang Qingfan’s request at once.
Redo the renovations? I’m doing perfectly well, incurring losses; why would I redo the renovations?
However, things were different now.
Fish-Catching Internet Cafe was extrely popular, and it was always fully-booked. Redoing the renovations would have a limited effect on its popularity and profits. Furthermore, Pei Qian could spend money on the renovations, and the shops would not be able to operate by then.
How much would that cost him in total? It would be so worth it!
Thus, Pei Qian emphasized that Liang Qingfan should only choose shops that were generating a lot of profit. Shops that were incurring losses, such as Deposit Fitness, should not be touched at all.
Liang Qingfan nodded. “Alright, Boss Pei! Thank you for your trust in !” Although he did not understand why Boss Pei wanted him to start from the most successful shops, Liang Qingfan did not ask too many questions. The fact that Boss Pei was leaving him with such an important task showed how much he trusted him.
“Alright, Boss Pei. I’ll work on a few renderings based on the new apartnts. Once you’ve picked your favorite, I will look for a construction team to start work!” Liang Qingfan was filled with renewed motivation.
The residential-comrcial building was slightly easier because the hard renovations were nearly done, and soft renovations would take a much shorter ti. On the other hand, the buildings in Binhu District were more troubleso. Two buildings needed hard renovation, and Liang Qingfan would have to hire huge construction teams. The tiline was very tight.
Of course, the good thing was that all the apartnts had the sa configuration. Thus, he only needed to co up with one set of plans.
“New renderings? No, no, no. There’s no need for that anymore. Stick to the sa style as before,” said Pei Qian. “Minimalism.”
After so consideration, Pei Qian added, “Don’t bother adding the smart furniture and huge television. Total up the cost of all the renovations. The most important thing would be to stick to the sa general style!”
Each television cost 240 thousand yuan, and they were limited edition. Not anyone could buy them. What’s more, Pei Qian was worried that putting such an expensive television in such a small apartnt would attract huge groups of people who would only want to rent the apartnt for the sake of the television. What would he do, then? After all, rent for the smaller apartnts would be much lower than that for the huge apartnts in Dawn of Prosperous City. He had to stick to creating four bare walls so that ordinary people would be dissuaded from renting the apartnts. At the sa ti, he had to avoid luxurious decorations so as not to attract pretentious, cultured youths or yuppies.
Liang Qingfan was stunned. “These apartnts are to be minimalist as well?
“Boss Pei, all of the new apartnts are small. Making these small apartnts minimalist would greatly discount the overall effect. What’s more, storage space is extrely important for small apartnts. If you get rid of all of them, these apartnts would be unlivable.”
Pei Qian was elated.
Greatly discount the overall effect? The apartnts would be unlivable?
That’s aweso!
That’s exactly what I want!
Even a professional architect thinks it would be impossible. How can I possibly earn any money from this?
I absolutely can’t!
Pei Qian smiled. “Don’t worry. That’s the style of the Sloth Apartnts. Since they’re of the sa brand, they must be of the sa style, right?”
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