Suddenly being cued, Gu Jia immediately felt the nervousness of being caught slacking off.

She forced a smile and nodded faintly, "Oh, well... actually, it's like this. Chairman Chen has an apartment in the same building as us," she said, pointing upward, "right above our place."

"I only met Chairman Chen after paying a visit."

As she spoke, Gu Jia suddenly realized that this was a perfect opportunity to leverage his influence.

To make it more convincing, Gu Jia subconsciously acted like a close friend, "It just so happens that Chairman Chen knows my good friend, and they are about the same age, so we are a bit familiar."

Mrs. Li, Mrs. Yu, and Mrs. Wang immediately understood what was going on.

So it was still just sucking up and trying to climb the social ladder.

The three of them breathed a sigh of relief, but didn't say much else and continued chatting casually.

On the golf course, after a few holes, Chen Cheng and Xiao Ye's score wasn't much higher than that of the old guys' group.

Xiao Ye, being a novice, was a total liability; whenever it was her turn to hit, she would increase the difficulty for Chen Cheng.

However, it was okay; they didn't lose too badly.

Xiao Ye only needed to hit the ball and fulfill her turn.

As for the rest, Chen Cheng would naturally find a way to make up for it.

After Chen Cheng finished his turn, the group continued walking toward the landing point, and Ye Jinyan walked up.

"I heard Company Name is looking for an office building?"

Chen Cheng narrowed his eyes immediately. So that's why he invited me to play golf out of the blue.

He was waiting for me here.

He wants the money in my pocket.

And here I was, thinking about helping you two improve your father-daughter relationship.

Chen Cheng smiled and nodded, "Yes, that is the case."

"The business is growing, and the various points are too scattered, which is becoming a bit of a hindrance."

Ye Jinyan didn't hide it anymore and got straight to the point: "Company Name does have an office building near the TV tower."

"Chairman Chen, are you interested?"

Xiao Ye gave Ye Jinyan an unhappy look, but didn't say anything.

Chen Cheng smiled, "Company Name has a need, and President Ye has one ready—that's quite a coincidence."

"How large is the area?"

A warm smile appeared on Ye Jinyan's face, "32 floors above ground, 78,000 square meters; three floors underground. 130 meters high."

"Super Grade A office building, current occupancy rate is 82%."

"To the south is Financial Street Park, one street to the north is the Huangpu River, and 300 meters away is the Financial Street subway station."

Chen Cheng's lips curled up slightly; he already knew which building Ye Jinyan was talking about.

That square glass box, currently named Zhenyan Tower.

It's just one street away from Company Name's current office.

He raised an eyebrow, "President Ye, with such a good location, are you really willing to sell?"

Ye Jinyan smiled, "In real estate, selling is natural; it's just a matter of finding the right opportunity."

"Since Company Name happens to need it, this opportunity has arrived."

Chen Cheng chuckled; sure enough, every founder is the best salesperson for their company.

He asked casually, "Selling it as a package?"

Ye Jinyan nodded, "Yes, selling the whole thing as a package."

Chen Cheng asked for specific details directly, "What about the building age? And the price?"

"Completed 6 years ago, the land was acquired 8 years ago, with 32 years of usage rights remaining. For the above-ground portion, the unit price is 45,000; for underground parking spaces, 600,000 each."

"..."

Chen Cheng felt that this price was a bit expensive.

He didn't hesitate and countered directly, "35,000!"

Ye Jinyan: "..."

He was stunned. He had offered an honest price for his daughter's sake, and this kid came back with a massive counter-offer.

Seeing that he didn't speak, Chen Cheng smiled, "Otherwise, President Ye, if you vacate the top six floors, I will rent them for five years at the market rate."

He turned his head and looked at Ye Jinyan with a smile, "By then, if Company Name still wants to sell, we can talk again."

"However, the price might not be today's price."

Ye Jinyan's face was calm, but his heart was in turmoil. "It seems Chairman Chen is very certain that housing prices will fall."

Chen Cheng smiled faintly, "It's an obvious fact; there's no need to talk about being certain."

"The total amount of housing in the country should have reached over 400 million units. Calculated at 3.5 people per household, the total housing supply is already saturated. The actual situation is that there is still a lot of shared renting, group renting, and dormitories."

"Overproduction and falling commodity prices are an inevitable economic law."

This was something Ye Jinyan also knew, so he wasn't too surprised when Chen Cheng brought it up, and his face still wore a warm smile.

"This is Financial Street, the heart of Shanghai, the core of the core area."

"Will it fall that quickly too?"

Chen Cheng chuckled, "President Ye, it's actually the same."

"The market is always determined by supply and demand."

"In the initial phase, the market will experience a period where the surrounding areas fall first, while the central area remains firm."

"Then the central area follows suit, and after that, it enters a downward spiral."

"And after that..."

"My judgment is that in about 5 years, the market will just be starting to enter the cycle where the central area follows the decline."

"President Ye, the era of obsession with skyscrapers and the pursuit of ultimate time efficiency is slowly heading toward the dust of history."

"If time allows, I would actually be more willing to acquire a piece of industrial land far from the city center and build a campus myself."

"Low density, convenient transportation, no traffic jams or congestion worries, and the air is fresh."

"Why not do that?"

Chen Cheng smiled as he spoke, "President Ye is in such a hurry to sell the building; I'm afraid you've heard some news, haven't you?"

"Hmm?"

A hint of surprise flashed across Ye Jinyan's steady, aged face.

He narrowed his eyes, "Chairman Chen also knows about the Three Red Lines?"

Chen Cheng wouldn't admit that he knew news that hadn't been announced yet, so he shook his head, "I don't know anything about Three Red Lines or Four Red Lines."

"I only know that the country wants to undergo an economic transformation, so it must get a grip on sectors that are already showing high levels of bubbles."

"It can neither let it continue to inflate nor let it burst directly."

"Then inject economic vitality into a new reservoir."

"Seek new economic growth points."

"Before I returned to the country, I had discussed the issue of domestic economic transformation with my teacher, Professor Ouyang, a long time ago."

"We had some predictions."

"What should the first step be? What needs to be done? What issues should be noted? And other details..."

Chen Cheng smiled, "Judging from President Ye's reaction, the authorities are indeed going to step on the brakes for the real estate industry, which has been galloping forward for twenty years."

"And President Ye has already received the news."

"Let me guess again."

"Judging from the urgency to dump assets, the 'red lines' President Ye mentioned should be related to the high asset-liability ratio in the real estate industry, right?"

"Once the brakes are applied and the money supply is tightened, the high-turnover strategy of the real estate industry won't be able to continue."

"Someone will definitely be buried in the dust of history."

"And the bigger the ship, the harder it is to turn around."

As he spoke, Chen Cheng turned his head and looked at Ye Jinyan with a smile, "I haven't paid attention to Company Name's latest financial report."

"Judging by Company Name's financial report from last year, President Ye must be very anxious."

Ye Jinyan looked at Chen Cheng solemnly and nodded appreciatively, "No wonder Chairman Chen has been able to be invincible in the secondary market for so many years."

"It turns out your sense of smell for economic development and your perception of the environment are sharper than anyone else's."

As he spoke, Ye Jinyan sighed with sincere admiration, "The younger generation is indeed formidable."

Chen Cheng shrugged. buddy is a prophet! A cheater!

Ye Jinyan glanced at Xiao Ye, who had been following silently without speaking, blinked, and said:

"Let the people below handle the price negotiation."

"After all, Chairman Chen hasn't seen it yet, so it can't be decided."

Chen Cheng nodded, "Okay!"

According to his estimate, the final transaction price would likely be below 38,000.

78,000 square meters above ground; doing the math, it would take about 3 billion;

Adding the 10,000-plus square meters of underground parking, it would likely head toward 3.3 billion.

Parking spaces on Financial Street are insanely expensive...

A single parking space costs 1,500 yuan a month just to rent.

That's for a relatively normal office building; there are some outrageous ones where two or three thousand isn't unheard of.

If selling, a parking space in an office building here ranges from 600,000 to 800,000, and for residential properties, it can double that.

Chen Cheng himself didn't expect that playing a round of golf would result in planning out over 3 billion yuan.