Wukang Road is a quiet road in the West District of Shanghai. On the morning of August 9, Zhao Jianping, general manager of Stamford House Replacement Company, took four agents on this street to take photos and register. In their jargon, they were "sweeping the streets," that is, looking for housing. Stamford Company just opened its first store on this street on August 1. It is currently the only company in Shanghai that specializes in the sale and lease of old houses.
More than 400 families live in this small street less than 3,000 meters away, including more than 100 old garden houses. The owners of these old bungalows were once prominent. Huang Xing lived at No. 393 and died here on October 31, 1916; Tang Shaoyi lived at No. 1, Lane 40, and he served as the first prime minister of the Yuan Shikai government; brothers Chen Guofu and Chen Lifu lived at No. 2, Lane 105, respectively. No. 67, the two places are more than 100 meters apart, and there are still several old employees of the former Agricultural Bank of China living there; the chief executive of Zhengguanghe Soda Drink Factory lives in No. 99; Canadian Fu Kaisen lives in No. 390, he was once a senior industrial engineer. The supervisor of Xuetang (the predecessor of Shanghai Jiao Tong University) and the owner of "The News", and Wukang Road was called Fukaisen Road before liberation.
“The profit from selling a real estate may not be as good as selling an old house.” Chen Wanchun, chairman of Stamford Company, told reporters. In Chen Wukang Road's view, the short Wukang Road is simply a cornucopia. "If you include the nearby Hunan Road, Xinhua Road, and Huaihai Middle Road, there are more than 300 sets of old garden houses here." 32-year-old Chen Wukang Road is also one of the most popular in the country. The founder of "I Love My Home", the largest chain of house rental companies, has been involved in the sale of old houses in Shanghai since 1995. Sitting in his BMW X5 Jeep, he pointed out to reporters the houses he had traded along the way. In recent years, he has sold more than 100 old houses in a row, not counting the ones he rented out. The most recent big deal was the sale of an old house on Wanping Road where Rong Yiren once lived for 50 million yuan. If calculated based on the prevailing commission of 3.5% in the industry, a commission of 1.75 million yuan can be raised for one transaction. "Furthermore, this is a cyclic market. If you buy a house, you may sell it again, and I will buy it again and package it, and the same can be done." Make a lot of money”.
In fact, most agents may not have a department specializing in bungalows, but they will definitely not let go of the bungalow business. "The commission for a business transaction often reaches more than 1 million yuan, which is more than the total profit of a store in a year." said Zheng Wei, manager of Yuyuan Store of Shanghai House Replacement Co., Ltd.
"As of 1949, there were more than 5,000 old garden houses in Shanghai, covering an area of ??more than 3 million square meters. Most of them are hidden in ordinary alleys." Archives of Shanghai Modern Architectural Design (Group) Co., Ltd. Office director Lou Chenghao told reporters. In terms of price, garden houses and commercial houses are completely different concepts. "Someone asked me last week which houses can be bought." Lou Chenghao said, "I told him, you should prepare 10 million first." At present, the price of old houses in Shanghai The price is 10,000 to 30,000 yuan per square meter, and the total price often reaches 20 million to 30 million yuan per set. "Now the top floor of the World Trade Center can be sold for 35 million." Shao Fei, manager of the Shanghai Deyou franchise store of 21st Century Real Estate Said, "House prices in Shanghai continue to rise, why can't garden houses be sold more expensively?"
If we simply calculate, the average price of each of the 5,000 houses is 10 million yuan, and the total value will be an astronomical figure. . However, the market prospects of old bungalows are not that simple. “The biggest bottleneck in the market is the issue of property rights,” Sun Yi said. He is the manager of the planning department of Shanghai Dahua Group. Shanghai’s garden houses have gone through several historical stages such as private property, state-owned assets, confiscation during the Cultural Revolution, and implementation of policies. Not many of the original owners are still alive, and those with inheritance relationships are scattered in all directions. Most property rights still belong to the government, but the users have There are government agencies, institutions, and ordinary residents; the property rights relationship is extremely complex. Shao Fei said that there are generally only 40 or 50 sets of garden houses with clear property rights that can be circulated.
The issues of property rights and property rights also confuse investors. Can returns be protected? Taiwanese architect Lu Chuanhui was an early investor in Shanghai's old houses. In 1999, he obtained a 10-year lease on the "Green House", the "No. 1 mansion in the Far East", with an annual rent of 1.28 million yuan, and promised to invest 5 to 6 million yuan. Repair and protect the house. "Because it is a cultural relic unit, the government will hold a discussion meeting. During this period, the rent has to be paid, but I can't work at all.
"He rented out the first and second floors at a monthly rent of 200,000 yuan, but the owner, the Shanghai Municipal Planning Bureau, objected to this. At present, Lu Chuanhui has not paid the rent for 4 months. If normal, Lu Chuanhui can make more than 100,000 yuan a year. Earning more than 1 million yuan in rent, he still felt that he had lost money.
Who touched Li Hongzhang’s garden
Li Hongzhang, an important official in the late Qing Dynasty, not only started the Westernization Movement and founded the Beiyang Navy. , and left a lilac garden to future generations. The lilac garden is the best example of old garden houses in Shanghai. The garden alone covers an area of ??26,600 square meters, with a total construction area of ??2,934 square meters. A Huashan Road divides the lilac garden into two large blocks. , the east side is currently the Shanghai Veteran Cadre Activity Center, and a Hong Kong businessman rented a building near the entrance to open Shen Yuexuan Restaurant; the west side is now renamed "Lilac Villa"
Two years ago, "I". Chen Wuchun, the president of "Love My Home", signed an eight-year lease contract with the housing management department and rented the western part of Lilac Garden, which included a villa and more than 1,000 square meters of lawn. "I then invested more than 10 million yuan in the garden. Four new villas were built and rented to foreigners together with the original old houses. "Chen Wuchun told reporters, "This place was renamed Lilac Villa accordingly. ”
Chen Wanchun can get 6 million yuan in rent from each house every year. According to Chen Wanchun, in May this year, the land was sold to Shanghai Datong by the governing agency for 160 million yuan. The real estate company, Datong Company, terminated the lease with Chen. "At the same time, Datong Company wanted the tenants to move out, so the losses to me and those tenants were compensated by Datong Company." ”
As to whether he will lose money or make money from this “breach of contract”, Chen Wanchun said: “I am a businessman. Apart from the liquidated damages I have to pay to those tenants, of course I want to make money.” "Judging from the current market, the profit from this business should be far more than the more than 10 million that Chen Wanchun invested at the time. "I'm not sure what the use of Datong Company is for buying this house. I heard that the former The villas built in the past two years have all been demolished, leaving only the old bungalow. It is not sure whether the land will be stored or used for mortgage loans. "
Chen Wanchun, who graduated from the Department of Economics of Fudan University, started to get involved in the garden house agency business in 1995. "At the beginning, the policy restrictions were very strict, and buying and selling was strictly prohibited. The only channel was leasing. Previously, I worked as a broker in a real estate agency that targeted high-end clients, and I had high-quality clients. On the other hand, I was familiar with Shanghai, so I started looking for some old houses in this market, rented them, renovated them, and then sublet them to foreigners at high prices. As the economy developed better and better, more and more multinational institutions entered Shanghai, and the demand for such houses almost exceeded supply. "Chen early spring told reporters.
In the second half of 1998, Chen went to Beijing to work in the second-hand housing market and the housing rental market, and continued to develop Stamford Company, focusing on the development of the housing rental market. In April 2000, he established "I "Love My Home" House Replacement Co., Ltd. has developed into the largest house rental company in two years, and currently has more than 400 chain stores across the country.
After the business in Beijing was on track, Chen Zaochun returned to Shanghai to continue His villa business. According to his statistics, among all customers who buy old villas, enterprises account for only 20%, while individuals account for 80%. When it comes to renting old villas, enterprises account for 70% and individuals account for 30%. Eighty-nine percent of customers use the old houses they buy or rent as residences, especially buyers from Taiwan and Hong Kong. Foreign Chinese and Southeast Asian businessmen are also the main force.
Stanford Company does not deal with the house business. It is not limited to leasing and buying and selling. There are 9 garden houses located at No. 889 Julu Road, which were originally built by the Asia Petroleum Company in the 1920s. According to Zhao Jianping, manager of Stamford Company, they are cooperating with the Jing'an District Government. , these 12 English-style conjoined bungalows will be transformed into a comprehensive consumption and entertainment center, tentatively named 'Julu Road European Style Leisure Street'. "The total investment in the first-phase property rights replacement and the second-phase overall environmental renovation is about 1.46. billion. " Zhao Jianping said.
Map of old houses in Shanghai
"The earliest Western-style building in Shanghai appeared in 1872, the tenth year of Tongzhi in the Qing Dynasty, and was built by the British Consulate. In 1895, garden houses of a certain scale began to be formed. The more accurate name of garden houses should be "detached houses". There are currently more than 5,000 buildings built before liberation, covering an area of ??more than 3 million square meters, of which the area of ??high-end garden houses alone reaches 1.6 million square meters.
" Lou Chenghao, director of the archives of Shanghai Modern Architectural Design (Group) Co., Ltd., said in an interview, "The earliest owners were military and political dignitaries, big businessmen, and celebrities. These people are more likely to absorb foreign culture in Shanghai and like to be new and different. It can be said that these old garden houses were all popular international styles at that time, and there were also works by some masters, including Hudec and Essex Rogers. ”
The layout of a garden house is generally that the main house faces south, and the foundation should be square. Cedars and cypresses are planted in front of the house, and there is often a lawn in the middle. A marble statue or fountain is set as the center of the garden. A pond is set up to reflect the trees. The front side of the main house has a terrace and high steps. In the later period, it was a low floor and was even connected to the interior. It was only separated by a large glass window and was often connected to the "lower room". "Or a garage, as well as a flower room or a heated garden shed. In the late luxurious garden houses, swimming pools and tennis courts were also added. "The architectural styles of old houses in Shanghai are rich, including European, American, Russian, Spanish, and Japanese styles. Style; there are both luxurious and solemn European Renaissance style, as well as clear, lively and free country villa style, modern style, etc. " Lou Chenghao said.
According to preliminary statistics, garden houses are mainly distributed in four downtown districts: Xuhui District accounts for about 39%, Changning District accounts for about 29%, Luwan District accounts for about 9%, and Jing'an District accounts for about 39%. The district accounts for about 8%. "Shanghai develops from east to west, and the racecourse moved three times in one year: from Henan Middle Road to Hebei Road, and then to People's Square, all moving westward. "Lou Chenghao pointed to the map and said, "The earliest Western buildings were along the Huangpu River, which was later bounded by Tibet Middle Road. Garden houses were mainly concentrated on the west side of this road, along Nanjing Road, Yan'an East Road, Huaihai Middle Road, etc. Main roads are distributed from east to west. In addition, many garden houses have been built on both sides of cross-border road construction areas, such as Liyang Road, Duolun Road, Huashan Road, Yuyuan Road, and Hongqiao Road. Fenyang Road, Taiyuan Road, Yuyuan Road, Wukang Road, Hunan Road, Sinan Road, Changle Road, Huashan Road, Xingguo Road, and Maoming Road are the areas with the highest concentration of old houses. Many political dignitaries live in the Xuhui area, and businessmen Living in the area of ??Yuyuan Road and Huashan Road, the intellectuals and technical elites are mainly concentrated in Luwan District. After liberation, most of the garden houses were nationalized as bureaucratic capital.
< p> “At present, more than 20 villas have entered Shanghai’s key cultural relics protection list, and the current situation of garden villas is not optimistic. " Lou Chenghao said that there were more than a dozen bungalows in Lane 1478, Huaihai West Road that he inspected that were severely gnawed by termites. "The government lacks enough funds to repair all the buildings. In this situation, they rent or sell them. A group of properties can attract private funds to protect more buildings. ”In fact, only a very small part of the old houses can be maintained in a timely manner. Zheng Wei, manager of Yuyuan Store of Shanghai House Replacement Co., Ltd., talked to reporters about a 20 million yuan business they did: “The homeowner is an old lady in her 60s. She has lived in this bungalow for too long and wants to live in a high-rise building near the river. Autumn rain in Shanghai always comes unexpectedly, leaving her with no time to close the window that splashes rain, and no time to plug the leaking ceiling. There are yellow water stains on the ceiling, dripping down, and the rest of the water flows along the wall to the root of the wall, forming a A small pool of water - because the early wooden floor had decayed into holes of different sizes. Her washbasins, buckets and even cups never seem to be enough, and they all come in handy in the rainy autumn. This old lady only believed in cash. After lunch on the day of the payment transaction, she invited the buyer and the agent to her home. She carefully counted the 20 million yuan in cash on the floor of her home one by one. She made sure that there were no counterfeit coins. Then I handed over the keys, went out and hailed a taxi. ”
Confusion about property rights
No. 31, Lane 1136, Yuyuan Road, is currently the Changning District Children’s Palace. It is a Gothic building with a Spanish style in part. It is three stories high and has an extraordinary momentum. This was originally the private residence of Wang Boqun, the Minister of Transportation of the National Government. It was built in 1934 and was occupied by Wang Jingwei. Later, Chen Gongbo and Zhou Fohai lived there. After the victory of the Anti-Japanese War, the original owner Wang Boqun passed away and his wife Baozhi passed away. When Ning returned to Shanghai, the property had been taken over by the Kuomintang Military Command Bureau. In 1947, Bao Zhi Ningyang asked his in-law He Yingqin to intercede before taking back the house. After the liberation of Shanghai in May 1949, the villa was rented to the Press Office. It was used by military agencies and later as the Changning District Committee Office. In 1960, it became the Changning District Children’s Palace.
“Almost all the most famous old houses in Shanghai have experienced changes in property rights.
"Sun Yi, manager of the planning department of Dahua Group, said, "This turbulent change has led to a series of inherent problems in the current garden house market. "The most important question is which houses can be traded?
According to Sun Yi, the property rights of old houses currently have three states. After liberation, the assets of the former National Government, bureaucratic capital, and reactionary leaders were nationalized , became state-owned assets, managed by housing bureaus at all levels, and are mostly used by government agencies and institutions at all levels. In addition, the Donghu Hotel under the municipal government operates several top properties such as the former Du Yuesheng Mansion and Mahler Mansion, and the Foreign Affairs Housing Service Company. We have represented more than ten old bungalows, including Zhang Xueliang's mansion, and rented them to foreign government embassies and consulates in Shanghai. The property of national capitalists has been protected. Some bungalows were state-owned by the government in the public-private partnership, and some are still private properties. It was confiscated during the "Cultural Revolution" and later returned to the owner or compensated after the implementation of the policy. "There are two situations. One is that the policy is fully implemented and the property is obtained by the heirs. The other is not thorough enough. Due to historical reasons, it is difficult for other residents to move out of the bungalows. The residents have the right to use the houses, but the landlord cannot accept the residents’ cheap rent, thus forming a three-party conflict between the state, the landlord, and the tenant. Contradictions are all issues left over from history. ”
“Old houses that are state-owned assets are basically not sold, or they are only rented but not sold. If they are sold, they must be strictly reviewed and approved by the Housing Authority. In principle, church assets can be sold, but the procedures are very complicated and require approval from the religious association. Those whose policies are not fully implemented cannot be listed on the market, and their property rights are not clean enough; only completely private properties can be traded. "Sun Yi said.
Even private properties with clean property rights still have operational difficulties. Shao Fei, manager of the 21st Century Real Estate Shanghai Deyou franchise store, said: "The property rights of the property were once artificially interrupted. Many of the owners are no longer alive, and they will have many heirs. The house can only be sold if all heirs agree. When selling a garden house, you often need to prepare several signing rooms when closing the deal. Some heirs who are abroad do not want to come back to sign, so they have to go through the authorization procedures and notarize the documents. It often happens that the economic conditions among the heirs are unbalanced, the eldest brother is rich and the younger brother is poor. Some people think that selling a house is a waste of money, but some people need money. "Even so, it is necessary to find out whether the house has been sealed by the court and whether it has a mortgage loan in the bank. In these cases, the transaction cannot be made.
For Chen Wanchun, the biggest risk is that the property rights relationship is "clearly unclear. ". He once ran a house that was uninhabited and nationalized after liberation. However, after the sale, the heirs suddenly came to visit from overseas, and he had to pay a large sum of money. "Almost every bungalow The complexity of property rights varies, depending on our investigative capabilities. "Zhao Jianping said, "There are many companies competing for a bungalow. Whoever knows the property rights of the bungalow can start to win the bungalow in advance. We have supporting departments that specialize in dealing with housing authorities and government departments, and can generally obtain the background of bungalows as quickly as possible. If it is a bungalow with only the right of use, such as a bungalow occupied by an administrative unit, the bungalow must first be converted into a property with property rights. We can help him complete this process, but we will agree on the specific transaction details beforehand. ”
It is not easy to get a house with “clean” property rights. Many times you have to figure it out yourself. Shao Fei told reporters that a Taiwanese businessman once took a fancy to a garden villa on Yongjia Road, but among the There are 8 households. He first finds work for each household, buys back their use rights, consolidates the 8 use rights into one use right, then pays the land transfer fee, obtains unified property rights, and then sells the house for 12 million yuan. It turns out that the actual relocation cost is only 6 million yuan. If one of the aspects is not negotiated properly, all the efforts will be wasted.
Generally speaking, the operation cycle of a garden house is also very long, which takes 6 to 12 months. p>
The price is too high
How many houses can be circulated on the market? According to Shao Fei’s experience, there are generally only 40 to 50 houses at one stage. “Due to historical reasons, Houses with clean property rights are rare." Often when a house is released, agents will flock to it. "The value of old garden houses lies in their scarcity. Buy one and get one less." Rare things are more valuable. The current price of old houses in Shanghai The price of a house with a room area of ??700 square meters and a garden of 500 square meters is 10,000 to 30,000 yuan per square meter, and the total price is 25 million to 30 million yuan.
"The price elasticity of garden houses. It’s huge and has no frame of reference. "Sun Yi said, "The location and history are different, so the price will vary greatly.
The larger the area, the higher the selling price because the possibility of development for commercial use is greater. The bungalows on Taiyuan Road are definitely more expensive than those on Huaihai Road because they are more quiet. ”
At present, the price of garden houses is generally determined based on the transaction price of houses in similar road sections and similar areas. Dahua Asset Appraisal Company is a valuation company in Shanghai that specializes in evaluating old houses. Chairman Li Zezhao said in an interview Said: "For the same house worth tens of millions, the perspective of inspection is different when buying an old bungalow and buying a new property such as 'Wangjiang Mansion'. The main perspectives when looking at houses are: humanities, history, emotion, style, etc. To evaluate how much a bungalow is worth, first look at the location. It must be close to the city center. Whether it is an investment or a place to live, location is extremely important for old houses. Looking at the size of the floor space, a house without a garden is not considered a bungalow. Top-end bungalows will have at least one block and a large lawn. The larger the lawn and the larger the land area, the higher the price coefficient. The accumulation of history and culture is even more important. Most of the old bungalows were once inhabited by dignitaries and were prominent for a time. They were first built by celebrities and then changed hands several times over the decades, all among celebrities. For example, a bungalow on Xingye Road was once lived in by Huang Jinrong, who was Chiang Kai-shek’s teacher. With such a story, the price is boundless. Old bungalows pay great attention to a quiet environment and an independent courtyard style. It is best to be surrounded by tall French plane trees. These will add a lot of color to the old bungalows. If there are tall buildings built around it, the value will be greatly reduced. The structure of the house also determines the value of the bungalow. Both the exterior and interior should be preserved intact. After a few decades, the exterior will look a little dilapidated, and it is this feeling that makes it valuable. "
The internal details of old bungalows also have a great impact on the price. "The most photogenic corners are actually the corners, especially the angles between the walls. Only these places can express the depth of the house. The terrace is also a must-visit, with its commanding position offering unobstructed views of the gardens and surroundings. "Li Zezhao said that the old details in the bungalow are also of great value, such as the rusty door handle of Bei Runsheng's old house on Nanyang Road, the coiled dragon on the roof, the carving of two dragons playing with beads on the stairs, and the longevity inscription on the wall. The pictures and the trapezoidal column angles all aroused the interest of the house-sitters. “A friend in the United States said that if the old iron windows of this bungalow were removed and sold in New York, and the story was told to him, he could sell it for at least US$10,000. ”
Medium and long-term investment
In the eyes of many real estate agents, buyers are not a problem at all once the property is obtained. Home buyers are basically divided into two categories, those for their own residence and those for investment Shao Fei once accompanied an old Swiss overseas Chinese to look at houses on Fenyang Road. “He showed me the place where he went to primary school and where he played. Money was not an issue for him. He had a budget of tens of millions. Now I would rather spend more than 10,000 yuan a month on rent rather than buy another house."
In the personal consumption market, overseas Chinese and overseas people are the main force. Cushman & Wakefield? Fancheng (China) Comprehensive Residential Services Company A customer survey was conducted. Executive Director Wu Shaocong said that foreigners accounted for 70%, and the other compatriots from Hong Kong, Macao and Taiwan, customers from other provinces and cities, and Shanghainese accounted for the remaining 30%; only 13.3% of customers had more than 1 year of experience. They can be called "experience customers" due to their living experience in villa properties.
In addition, large companies are also chasing after old bungalows, and this kind of consumption has a strong investment quality. "Buying a bungalow is also an investment." For real estate, when it comes to bank mortgage loans, the price will only be overvalued and not undervalued, which will bring good cash flow to the company. " Sun Yi said. In Wu Shaocong's view, investing in old houses is different from investing in ordinary real estate. It does not rely on frequent transactions to realize its investment value, but like investing in art, it requires enough patience and confidence to grasp it. For its appreciation, there should be enough time to protect its value.
The investment value of a bungalow depends not only on the opportunity and vision of acquisition, but also on the subsequent renovation and renovation, which also affects the rent and resale price. The principle is to keep the old as it was and add modern facilities, Zhao Jianping said. It is best to replace all water, electricity, and gas pipelines and meters with new ones. It is best to maintain the old exterior walls as necessary maintenance. You can ask a professional to clean it, and if necessary, paint it with paint that is close to the original color. Steel windows generally do not need to be replaced. Copper handles and latches are also part of the flavor of the old house and should be retained as much as possible; wooden windows are old and face outwards. One side should retain its original color. The old floor should be sanded, primed and then waxed. The kitchen should be in the style of a whole kitchen. The old style is better to raise the floor to prevent moisture.
The gardens of old bungalows usually have old and luxuriant precious tree species, which also require routine maintenance by professional companies. "If you are not careful and destroy the 'taste', the house will not be sold at a good price."
Sun Yi told reporters that according to the current market situation, a 400-square-meter garden house on Taiyuan Road can be rented for US$11,000 a month, with a minimum rent of US$9,000. "Many factors determine the 'overlord' status of old bungalows in the market. This is an undisputed fact in the short term." Li Zezhao said that old bungalows are "antiques" of real estate and are very resistant to falling. With the increase in the number of old bungalows, With every transaction and change of hands, all aspects of the conditions will continue to be improved, which will increase the value of the entire house, so investors may wish to hold old bungalows for the "medium and long term."
Gu Chuanhui and "The First Luxury House in the Far East"
Gu Chuanhui is an early Taiwanese businessman who invested in garden houses in Shanghai. His parents are both from Shanghai. In 1997, he entered the mainland building materials business and was once an architectural designer. One day in 1999, when Gu Chuanhui was driving through the intersection of Beijing West Road and Tongren Road, he saw "a beautiful green arc." He stopped the car and ran over to take a look. It was a 4-story green arc-shaped building, like a cruise ship. "I had a telepathic connection with this building, and I decided it was an extraordinary work. I was also renting a building in Jiangsu at that time. I bought a garden house. I looked at many ocean houses in Shanghai, and they were basically shear-wall colonial buildings, but this house has a beam-and-column structure and is a new building." Four years later, Gu Chuanhui was shocked. His arc area, recalling the first impression, is still thrilling.
Later, Gu Chuanhui checked the information and found that this was once the old residence of Wu Tongwen, the Shanghai pigment king. Wu Tongwen was the son-in-law of the wealthy businessman Bei Runsheng and the uncle of the architect I.M. Pei. Wu Tongwen asked the Hungarian architect Hudec to design this house for him. This was Hudec's last work in Shanghai. When it was completed in 1938, Hudec assured Wu Tongwen that it would not be outdated even in 100 years. At that time, this green house was called "the first mansion in the Far East", with elevators, air conditioning, Floor heating and boiler room. "Hudec designed the International Hotel in Shanghai, which has been the tallest building in Asia for more than 40 years, and I.M. Pei also said that he was deeply influenced by Hudec." Gu Chuanhui said, "Hudec liked to use arcs, and the design of this house A large number of arcs are used in corridor staircases and ceilings, and even the elevators are in the shape of lotus leaves. I.M. Pei also likes geometric shapes, sharp angles, and cones. This should be their teacher-inheritance relationship. ”
< p> During the "Cultural Revolution", this mansion was used by the Shanghai Tricycle Union and was placed under the jurisdiction of the Shanghai Planning Institute. Later, the Planning Institute built a new building next to it, and this garden house became a photo studio. When Gu Chuanhui knocked on the door and entered, there were only two photo-posters in the room, and the air was filled with the stench of ammonia potion. "I can only use two words to describe it - broken, most of the glass is broken, The air-conditioning units were hung in a mess outside, and there was an exit of a civil defense fortification in the garden, which was covered with white tiles. "Gu Chuanhui wanted to buy the house, but was not allowed. In the end, he paid an annual rent of 1.28 million yuan for 10 years. During the lease period, they promised to spend 5 to 6 million yuan on repairs and maintenance of the house. "My thoughts at the time were very simple. I thought that as a Shanghainese, I should preserve this excellent building."But the next development was unexpected by Gu Chuanhui. "Because it is an outstanding building in Shanghai, repairs must be approved by the Cultural Affairs Bureau, the Housing and Land Bureau, and the Planning Bureau. Every department and every expert has a theory; the seminar has been going on for two years, and I pay more than 1 million in rent every year. "I paid the bill, but couldn't start the work." Gu Chuanhui said, "I'm a businessman and I still have to do business." By 2001, the renovation of the house was finally completed. He handed over 40,000 yuan to dismantle the entrance to the civil air defense fortifications. He used the fourth floor as his bedroom, the third floor as a company, and opened an Internet cafe on the first and second floors. “It was the most luxurious Internet cafe in Shanghai. I used Compaq. The host computer and LCD monitor cost 20 yuan an hour. I didn’t understand this business, and the Internet cafe closed down a year later, and I lost 5 million yuan.”
“Green House” has a history of more than 70 years. The water seepage in the house was quite serious. Gu Chuanhui made a waterproof layer on the roof, but the housing management department did not agree to clean the exterior facade, and the leakage in the wall could not be solved. "There are many small cracks in the wall. How can we solve it without removing the tiles? The steel bars are already rusted." Gu Chuanhui said that he was lying upstairs. Whenever a large car passed by, he would feel the room shaking. "How long can it continue to shake?" What? I don't know. Maybe it only has 20 years left.
"
1999 was the bottom of Shanghai's real estate market, and it began to rise all the way in 2001. In 2002, Gu Chuanhui rented the first and second floors to a Singaporean businessman and opened a restaurant called "Sunny Sky". One month's rent 200,000 yuan, with a lease term of 5 years. However, the landlord, the Planning Institute, objected to Gu Chuanhui's subletting. At present, "Yanyangtian" has stopped paying rent to Gu Chuanhui for 4 months.
Gu Chuanhui is most worried. What is puzzling is that he wants to spend 120,000 yuan to repair the elevator, but the protection units have too many concerns. "Even the labor department has to take care of it. The responsibility is scary." Now I have no choice but to do one less thing rather than one more thing."