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#593 - Hao Kong Commercial Building

To facilitate travel in Macao, Su Cheng directly bought three Mercedes-Benz cars and three Volkswagen commercial vans from the largest car dealership in Macao on the same day.

Although he could borrow the Governor's official car, it was completely unnecessary.

Cars, in the eyes of ordinary people in this era, might be luxury goods, but in Su Cheng's view, it was just a small expense. Getting three Mercedes-Benz cars cost him just over 200,000 Macao Patacas, less than 100,000 Macao Patacas per car.

As for the total price of the three Volkswagen commercial vans, it only cost him over 100,000 Macao Patacas.

Since the exchange rate between the Macao Pataca and the Hong Kong dollar was not much different, the two were roughly the same.

As for Rolls-Royces, in Hong Kong, they only cost 300,000 to 400,000 Hong Kong dollars each.

The market here was not large, and there were basically no specialized independent brand car dealerships. Even ultra-luxury brands like Rolls-Royce could only be purchased in Hong Kong. Being able to buy Mercedes-Benz here was already beyond Su Cheng's expectations.

Macao's territory was so small. Take the Macao Peninsula, the most prosperous area of Macao, for example. The entire peninsula's area was only 9 square kilometers. Even walking along the coastline wouldn't take too long to complete a circle. Therefore, apart from some bosses and wealthy people, there weren't many people who bought cars. Having a bicycle or motorcycle was enough.

Most people's lives either revolved around the Macao Peninsula or Taipa Island. They rarely went out, and even if they did, there was public transportation available.

In the evening, Su Cheng moved into the largest and most luxurious villa he had bought earlier for the first time.

As for the other five villas, three of them had been rented out, and the remaining two were waiting to be rented.

Apart from Su Cheng, all the other key subordinates were arranged to stay at the Pousada at Taipa Hotel.

It wasn't that Su Cheng was unwilling to let these people live in the villas temporarily, but that apart from Su Cheng's villa, the other villas had not been furnished with new furniture, toiletries, and the like. It was better to let them stay in the most luxurious hotel, where the service was also better.

The villa where Su Cheng lived was slightly larger than his Su family villa.

After all, compared to the prime location of Hong Kong's city center, Macao was nothing. Otherwise, it would have been impossible for him to buy this villa, which was even more luxurious than the Su family villa, for only over 500,000 Macao Patacas.

If it were located in the Barker Road area of Hong Kong, such a villa would be worth more than three million Hong Kong dollars in minutes.

Zheng Qingbo's arrangements were indeed good. He had people completely renovate this villa from top to bottom.

In addition, all the furniture, appliances, and the like had been replaced with new ones.

Furthermore, Tianqi Property Company had a dedicated house butler. Even if Su Cheng didn't live here often, people would often come to clean, so the overall cleanliness of the villa was very good.

However, Su Cheng didn't have any feelings for this villa after all, and didn't regard it as a real home. Therefore, for Su Cheng, this was just a temporary place for him to live.

In the blink of an eye, another night passed.

Su Cheng somewhat regretted not bringing Ajiao and Amei over this time. Otherwise, they should have had a very comfortable time coming here.

There were many beautiful women in Macao. If he wanted, beautiful women could line up to offer themselves to him.

However, Su Cheng was not such a casual person. Only the women he took a fancy to would he touch.

This was also why Su Cheng was now so rich, but in Hong Kong, he only had Zhong Chuhong and Guan Jia Hui as women who could be regarded as girlfriends.

As for Ajiao and Amei, they had not yet reached the level of girlfriends. At most, they were a bit like the concubine maids of ancient times.

Early the next morning, Su Cheng got up early.

Overall, he felt that it was more comfortable to live in Hong Kong.

After casually eating a Cantonese breakfast at a tea restaurant on the street, Su Cheng, accompanied by bodyguards, came to a building called Macao Business Building.

This building was not very tall. The entire building was only 15 stories high, but it was already one of the top three tallest buildings in Macao.

Macao in later generations was full of high-rise buildings.

This Macao Business Building had only been built for five years. After Su Cheng planned to invest in Macao, he looked for information and then asked Tianqi Property Company to buy it.

The price was not high. Su Cheng only spent five million Macao Patacas, and the location was still in the most prosperous city center of Macao.

If it were such a location and such a building in Hong Kong, it would cost at least tens of millions of Hong Kong dollars.

This was the difference between Macao and Hong Kong today.

In Hong Kong, the financial industry and commercial trade were developed, and commercial buildings were in short supply. Even if they were bought for rent, it was not difficult.

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And Macao was different. Large companies had their own buildings, and small companies rarely rented commercial buildings for office use.

Therefore, according to Su Cheng's understanding, before Su Cheng bought this Macao Commercial Building, the occupancy rate of the entire building was only a pitiful 30%.

Such a location and such a landmark building, if placed in Hong Kong, such an occupancy rate would be unimaginable.

Just like the Federal Building that Su Cheng took over, now the New Su's Group Building, before Su Cheng took over, the vacancy rate of the Federal Building was only 20%, that is to say, the occupancy rate reached 80%.

This was also why Su Cheng only spent five million Macao Patacas to take down this building. Converted into Hong Kong dollars, it was even less than five million Hong Kong dollars.

Moreover, it was very smooth to take down this building at the beginning.

When he learned that someone was interested in this building, the original owner, who originally offered seven million Macao Patacas, even agreed without bargaining when Su Cheng directly cut the price to five million Macao Patacas.

This almost made Su Cheng think that he had bargained too little.

What Su Cheng didn't know was that because the occupancy rate was too low, the original owner had long wanted to sell this building.

However, it was not easy to sell this building at all.

At the beginning, he also saw that commercial buildings in Hong Kong were so profitable, so he planned to try developing commercial buildings in Macao.

The result was conceivable, a complete failure.

Not only was the occupancy rate low, but the rent was also cheap. No one would rent if it was expensive.

This led to the fact that he invested in this building for several years, and it was impossible to recover the cost by relying on rent, let alone make money.

Therefore, in the past two years, this owner had long planned to sell this building at a loss.

However, even if it was sold at a loss, it was not easy to find a buyer.

So, Su Cheng got a bargain. (End of this chapter)

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