The Investment Analysis And Feasibility Study For BinjiangRoad Garden Project In Fengdou County

Real estate item involve huge investment, long period, lots of unstable affecting factors and thus big risks. Along with the disciplining of the market and increasingly fiercer rival in this field, developers will have fewer chances to build their success on the basis of luck. Therefore decision stage in item, In order to avoid and reduce the blindness of investment, more and more real estate investors pass the possibility research make policy to provide important basis for the investment.But the real estate of China already through developed to be close to 20 years, investment front of possibility research development compare slowly. Some developer does not do the possibility research for the blindness investment, the other wants to work well the possibility research but lacking in experts, market information and methodology at present market will reasonably lead to errors in feasibility study.This paper taking a program in Fengdou county as example, make use of the general theories of the possibility research to the item of market background, item district market condition, the item good and bad carried on the overall analysis, put forward the market fixed position of the item and project to conduct the item. At this foundation on, forecast the item economy ascend whether in reason, finance ascend whether earnings. Pass the possibility research, should develop whether item can go or not definitely.In the process of estimating the cost and revenue of this item, the author prospects two prices of this item by utilizing two estimate-methods, cost method and market-comparison method, and compares two prices to decide the reasonable data for the financial evaluation of this item.In the process of financial evaluation, according to the investment plan and the fund arrangement forms of this item, the author makes the scientific solutions in the profitability, the solvency and the uncertainty for this item by using some mathematic methods and models, for example, the cash-flow form, the quantity-capital-interest model, the sensitivity analysis and the possibility analysis.Because the building dish list price is an importance but again complicated markets decision, need to weigh concrete circumstance that everyone face. But in actual operation, the decision maker is interference by other information of market easily, doing to take the decision of have the thicker subjective color. For making the item price even match the market actual, in the decision of sale price, we use comparable quantitative price-setting method and two place linear regression equation. idea at to thorough understanding of market and to the item foundation of objective confidence up, dzaw up a reasonable of market price. In addition, this text carries on the certain feedback to the conclusion that possibility study, the analysis results in actual reason of the error margin. Purpose of do like this is for investigating the concrete method that the accurate degree of conclusion can be advanced, thus grind to provide to draw lessons from for the possibility research that the aftertime carries on the real estate development item.The study shows that the investment of the garden project is feasible. it is embodied by the followings: First, under the situation of macro adjustment, the real estate market in Fengdou County still has an excellent state; Second, contrast to the main competitors, the garden project has a strong advantage; Thirdly, this project can bring a good economic effect and it is anti-risky. Fourthly, this project is socially effected and good to environment.Along with the development of the real estate market, the possibility research meeting toward wear more professional turn, acculturation of direction development, so this paper certainly have actual meaning.