Ten High-End Residences

"It's okay, it's just out of power. There's a data port here." Xiao Chen took out a data cable and then a power bank.

Ding! The keypad lit up.

"Mr. Ye, it's ready. You can open the door now."

"Uh, I forgot the code." Ye Chen could only say this now; otherwise, what else could he say?

"Mr. Ye, why don't you try your birthday or your ID number?"

"This..." Ye Chen hesitated for a moment and actually tried his ID number's last four digits.

Ye Chen entered his birthday, beep, wrong code.

Then Ye Chen tried the last four digits of his ID number again, ding, the door unexpectedly opened, leaving Ye Chen dumbfounded.

At the same time, he wanted to give himself a slap. Why didn't he think of it earlier? Otherwise, he wouldn't have wasted so much money.

Anyway, saving over 60,000 yuan, he planned to treat Xiao Chen to a meal later.

"Mr. Ye, just change the battery for this later."

"Okay, thank you."

"You're welcome, it's my duty."

As soon as they entered, Ye Chen was amazed by the swift renovation. Unlike those villas, the decoration here was particularly modern.

Although he didn't know how much was spent on the decoration, it was definitely not cheap. With a size of 376 square meters per floor, you can imagine how big it is.

Chinese and Western-style dining rooms, Chinese and Western-style kitchens, the house had five bedrooms, two living rooms, two kitchens, and six bathrooms. Yes, besides each bedroom having a bathroom, there was also a common bathroom.

On the coffee table in the living room, Ye Chen saw the property certificate, along with the keys to the door. These weren't the keys to the external door but the ones inside the house.

Not seeing any car keys, Ye Chen breathed a sigh of relief. If there were cars here, he would really be in trouble.

He handed the property certificate to Xiao Chen for registration. After registering the five units in this building, the two went to the other building, which also had five units. However, these five units were all four-bedroom units, and they were also the largest in terms of area.

Each unit had an area of 252 square meters and parking spaces, with two per unit, all near the elevator.

All five units in this building were four-bedroom units, so each had two parking spaces allocated based on the size of the unit.

The five units in this building were 1901, 2201, 2601, 2701, 2801, and the password remained the same—Ye Chen's last four digits of his ID number.

In about an hour, they completed the registration for these ten units, and Ye Chen also took away the property certificates for ten units.

He handed the keys directly to Xiao Chen, and there was nothing he needed to carry. Yes, there were no clothes, watches, or anything else.

He didn't even change the password, as it was entirely unnecessary. Xiao Chen would bring people to view the house later, and he couldn't come every time. He only needed to come once when signing the contract.

Of course, cleaning the rooms was also left to Xiao Chen because she was the housekeeper assigned to Ye Chen by the agency.

To be honest, this job was really good, and Ye Chen was a bit envious. Let me put it this way: just renting out these houses, their agency could earn tens of millions.

And this was just unilateral commission. Xiao Chen could get about five percent of this commission, which amounted to between one to two million.

This mainly depended on how much these houses were rented for. The higher the rent, the more money their agency would make, and thus, the more commission Xiao Chen could earn.

After registering, Ye Chen calculated the property prices here again and then calculated the rental income.

The four-bedroom units were 252 square meters, calculated at $270,000 per square meter, which was about $6.8 million. Plus the decoration, calculated at $30,000 per square meter, it was over $7 million.

In other words, the value of this house was over $7.5 million. Based on a 70-year lease, the annual depreciation of this house would be over $1 million.

In other words, the minimum annual rent for this house would be over $1 million, without even considering the property management fee, as Ye Chen didn't know how much it was.

"Mr. Ye, for such high-end residences, the grade is paid in US dollars. What do you think about $30,000?"

"$30,000?"

"Yes, $30,000 per month."

$30,000 equaled about 200,000 RMB, which meant it was $2.4 million per year. Even if the property management fee was included, it wouldn't matter.

"Okay, $30,000."

Of course, this was for the price of the four-bedroom unit. The five-bedroom unit was over 100 square meters larger, so the final price was $45,000 per month, equivalent to 300,000 RMB per month.

Then Ye Chen asked Xiao Chen to wait here for a while. He went to the property management company, and sure enough, they hadn't paid the property management fee for a year.

Also, the property management fee here was very expensive, reaching $12 per square meter, so for a four-bedroom unit, the annual property management fee reached over $32,000.

The total area of his houses here was over 3,100 square meters, and the annual property management fee was over $450,000. Ye Chen paid for two years, just over $900,000.

Anyway, it was much cheaper than the villa. This was normal; he used such a large area alone in the villa, while here, it was shared with everyone.

It was simply two different concepts. Otherwise, why would rich people buy villas?

But no matter how you looked at it, the property management fee of over 400,000 yuan per year was really not cheap.