Reborn Rich: Prices Dropped, My Savings Didn't novel Chapter 143

Chapter 143: Chapter 141: Sold

Kael Jennings’s guess was correct. After Cecilia Sterling bid 218,000 Dollars, the Lane Group had only two thousand dollars of bidding room left.

Just enough for one more bid from the Lane Group!

"220,000 dollars!"

In the end, the Lane Group raised the bid to their ceiling, a price that was also nearly the highest the Jennings Group was willing to go.

Walter Lane knew full well that if anyone else kept bidding, the land would slip from his group’s grasp. For the Lane Group to make another offer, they would need to commit an additional four thousand dollars in cash flow. The group was massive, but it couldn’t go all-in on a single project. If any operational issues were to arise, it would trigger a domino effect, potentially even shaking the company to its core.

"220,000, going once!"

"220,000, going twice!"

"220,000..."

Walter Lane was uncharacteristically tense, his heart in his throat as he waited to hear the sound of the gavel sealing the deal.

But—

"222,000 dollars!"

The Jennings Group representative slowly raised his paddle. He sat ramrod straight, looking at the auctioneer on the stage and calling out the bid.

"Bidder number 5 adds two thousand dollars. The current bid is now 222,000 dollars. Do I have any other bids?"

On the other end of the line, Walter Lane heard the bid and slammed his fist on the table. The loud thud made the representative at the auction flinch, but he didn’t dare to even breathe.

He quietly awaited further instructions from the Chairman.

This price already far exceeded every industry player’s valuation of the land.

Even though this was in Lorcain, the Sunstone District was far less developed than the other bustling districts. If not for the ideal location and size of Genesis Fashion Park, the bidding would never have gotten this high.

However, only Cecilia Sterling knew that in the near future, the Sunstone District would be designated as a key development area for the City of Lorcain. At that time, land prices throughout the entire district would skyrocket.

In her previous life, it was the Lane Group that had picked up this heaven-sent opportunity. This time, however, the winds seemed to have shifted, as Cecilia Sterling noticed the Jennings Group appeared more confident of victory than the Lane Group.

But just when everyone thought the Lane Group would be knocked out of the running, their representative raised his paddle once more. "224,000 dollars!"

Walter Lane was going all out. This was a unilateral decision, an exercise of his authority, because the price had already surpassed the ceiling approved by the board.

If this move caused a cash flow crisis for the company, Walter Lane could even risk being impeached from his position as chairman.

But he had always possessed excellent business foresight. Otherwise, in her previous life, he wouldn’t have brought Timothy Rowe’s team into the fold after they were turned away by the Goodman Group.

He had faintly sensed that big things were on the horizon for the Sunstone District, which was why he was fighting so desperately for this land.

To achieve great things, one must possess a boldness ordinary people lack.

A collective gasp went through the room. Everyone knew this plot was the main event of the day, but no one had expected the price to be pushed this high.

Even the Jennings Group’s representative was stunned. ’I thought the Lane Group was out last round!’

Kael Jennings was also shocked. Based on his knowledge of the Lane Group, even if they managed to secure the land with that bid, the company would take a massive hit.

This was no joke!

"That’s enough. We’re out."

VERIFYCAPTCHA_LABELVerify