| As a fundamental and leading industry,for densely populated, the real estate industry has vast developmental foreground for China that has numerous population and lift off economics. Although the real estate industry of our country starts to compatively late, grow up not so well up to now, it develops quickly, good enough to shock the world.However,with the restrict on the real estate industry being lift, the high profit rate of the real estate industry draws on a great deal of funds flow into the field which makes the investment increase too fast in the recent years. Because of various reason, the real estate market price rising quickly but the turnover descend, houses empty increment, industry structure of property lose balance. The consumptive requirement and living idea of consumers change greatly and consumers have higher standard toward the living quantity; Administration on land and banks' loan of government become strict and normalised increasingly, the related law laws is gradually sound, and the nation adjust and control with macro instrument, banks improve interest rate, strengthen the loan condition and the land is listed for traded publicly. Such situations make developmental difficulty of real estate becomes greater, developmental cost increaset, profits descend, threshold heighten and competition harshly the industries to great extent. That will results in a shuffle among the developmental enterprises of domestic real eastate. If the developmental enterprises want survive and grow up in market competetion, choosing to compatatively good of investment items, building up the scientifical system about analysis and evaluation to to analyze and test on investment items seem to be of more importance.This paper trys to take the economics foundation theories as the sill, takes contemporary investment analysis and the financial analysis theorieses as kernel, analyze and test the investment items of real estate from the micro aspect in antecedent stage. We will combine the an actual item of real estate in Nanning, aim at the basic characteristics of investment of the real estate industry, apply modern item investment basical principles and financial analytical methods, analyze from macro and micro aspects with the item environment, make use of methods of the financial analysis, risk and the indetermination analysis, to carry out overall and comprehensive analysis and arguments of investment antecedent plan of developmental item of real estate for expecting the argument to provide a referenced financial analytical system to the antecedent argument of real estate item. This will have widespread operational significance for estate's business enterprises. |