220: Chapter 220 Reaching Expectations

The shops in the Yuanhong Trading Market were not cheap; even the most affordable ones cost over a hundred taels.

This was even after taking the opening day into account, where the Pei Clan had offered significant discounts.

The prices were not much lower than those on Shiming Street, the most prosperous area in Wuyang City where the Pei Clan was located.

The fact that these wealthy families and merchants were able to purchase shops on the opening day undoubtedly demonstrated a certain level of determination.

It was their trust in the Pei Clan and their absolute confidence in the Yuanhong Trading Market.

Of course, this did not rule out the existence of a few gamblers.

As for the Great Families who came at the invitation of the Pei Clan, the Pei Clan gifted each of them one shop.

Furthermore, the Pei Clan provided even greater discounts to these Great Families when they purchased additional shops.

Without exception, besides the shop gifted by the Pei Clan, these Great Families all purchased other shops as well.

Since they were able to come here, it was natural that they favored the Pei Clan and wanted to build good relations with it; otherwise, they would not have come.

"Yesterday, a total of 115 shops were sold and 262 shops were leased, with a transaction volume of 205,210 taels." Pei Tianrong took a deep breath and methodically explained the specific situation of the Yuanhong Trading Market.

"Two hundred thousand taels..." Pei Qingyun whispered softly.

In his vision, the Great Families invited this time were the main force behind the consumption.

If the sales volume of the Yuanhong Trading Market could reach 100,000 taels on the first day, it would be considered a success.

However, yesterday's sales volume was more than double what he had envisioned.

This could not help but make him feel somewhat surprised.

After multiple revisions to the plans, the total cost of the first phase of the Yuanhong Trading Market construction had soared to over 400,000 taels.

If everything were sold out, the sales volume should be around three million taels.

Compared to the real estate of his past life, Pei Qingyun considered his fivefold profit margin to be quite reasonable.

In the Great Jing Dynasty, land reclamation outside the city was considered private land and did not require additional land taxes, and the buying and selling of houses on the land fell within the scope of private transactions, which also did not require taxation.

Besides that, labor costs were very low.

Even if the Pei Clan had doubled the wages, the proportion of the entire development cost remained very low.

With this back and forth, the potential costs were at least reduced by more than half.

For one thing, the barren land outside the city had little value in itself. It was like a modern mountain village; even if you developed a villa in the mountains, it would only have the residential value of the property itself. If the owner really wanted to sell it at a high price, it would be impossible.

This world was the same, perhaps even more so.

Whether it was wild beasts in the mountains, Vicious Beasts, or Demons wandering at night, they all posed a huge threat to the survival of ordinary people.

The main reason why houses in the city could sell for high prices was that they could provide a safe and relatively convenient living environment.

For this reason, during the construction of the Yuanhong Trading Market, the Pei Clan dispatched several guard teams every day to take turns on duty to ensure the safety of the personnel.

But even so, during the seven-month construction process, there were still dozens of casualties.

For the casualties, the Pei Clan provided a generous burial allowance. This gave great comfort to some families who were plunged into grief due to the loss of their loved ones.

The casualties did not bring fear; instead, they stimulated their enthusiasm.

Human life is just that cheap.

Ordinary people are just cheap lives.

Their lives are not as important as hard, cold silver.

Although the Great Jing Dynasty was not in a chaotic era, the living environment for the bottom-level commoners was just like this—still difficult.

In comparison, those from Great Families, wealthy families, and merchant backgrounds cherished their lives more.

At the same time, they were the main force of consumption in the Early Stage development of the Yuanhong Trading Market.

To put it bluntly, the monthly consumption of a direct descendant from a wealthy Family was at least worth the food and clothing expenses of an ordinary Family of four for a year, or even several years.

Therefore, the Pei Clan would still need to continue investing funds in the future, and the number of guard team members would need to at least double.

By this calculation, a fivefold profit was not much. If development went smoothly, further increases in the future would be reasonable.

Turning his thoughts back, Pei Qingyun looked at Pei Tianrong again, "As for this 110,000 taels, which part is it mainly from, and what is the transaction situation?"

Pei Tianrong understood immediately and explained slowly, "The shops sold this time are mainly concentrated in the South District. My positioning for that area is that it will be the central location of the Yuanhong Trading Market in the future, and the transaction price is 50% higher than in other areas."

"The one that bought the most is the Huaishui Qi Family, which purchased a total of ten shops. Two of the Type 1 layout and eight of the Type 2 layout. The Jinhuai Xu Family purchased eight shops..."

Before long, Pei Tianrong explained the sales situation in detail.

With Qi Yanran marrying into the Pei Clan, the interest entanglement between the Huaishui Qi Family and the Pei Clan became more frequent. They could be considered the closest in-law Family to the Pei Clan in recent years.

He was not surprised that the Huaishui Qi Family could purchase ten shops in one go. Regardless of the relationship between the two, or future considerations, it was worth it for the other party to do so.

It was this Jinhuai Xu Family that made him take a few extra looks. These eight shops were not cheap, and altogether they amounted to 20,000 taels.

Don't look at the Pei Clan as having a large Family and business, with an annual profit that could reach over a million taels.

For an ordinary third-rate family, the annual income would be at most 200,000 taels. A considerable portion of this needed to be used for other expenses, such as daily expenses for Family members, servant salaries, social interactions, and repairs to the ancestral grounds, so the amount that could actually be deposited into the Family treasury was not much.

The Jinhuai Xu Family being able to invest one-tenth of their annual income is certainly no small amount.

It could be said that the bulk of the sales this time was basically in the hands of these Great Families, while wealthy families and merchants only accounted for 30%.

After understanding all of this, Pei Qingyun was satisfied overall.

Regardless of the reason, recovering nearly half of the cost on the first day was absolutely a sales miracle in the eyes of modern real estate.

But wanting to achieve this effect again in the future was absolutely impossible.

The subsequent fermentation of the matter, thereby expanding influence, was the top priority.

Thinking this through, Pei Qingyun asked with concern, "You have worked hard on this matter. For the follow-up, just leave it to Tianqi to handle. By the way, have you encountered any difficulties in your Cultivation recently?"

"Cultivation is going smoothly so far, it's just that after achieving Major Achievement in the Evergreen Art, progress is really too slow." Pei Tianrong paused and said in a deep voice.

Subsequently, Pei Qingyun had him demonstrate the first part of the Pei Family Evergreen Art to provide guidance.

Regarding the Cultivation Technique, it mainly depended on Comprehension Ability.

If the Cultivation Aptitude was not good, one could still use pills. If the Comprehension Ability was not good, then he really had no way to help.

"Alright, this bottle of Five Viscera Return Pills is for you. Step into the Mid stage of Five Viscera Realm as soon as possible; your Cultivation speed is still too slow." Pei Qingyun said.

"Thank you, Old Ancestor."