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Appraisal Result Report 1 The Entrusting Party Name Deheng Ceng Home Address Construction management and real estate college Chongqing University 2 The Entrusted Appraising Party 3 Appraised Object The appraised object is the real estate located at Room0302 Unit11 Building1 No 196 Shangjie District Changzhi Road Taiyuan City with the building area of 141 70 square meters 4 Appraisers Lalian Snow 5 Appraisal Working Date October 10 2012 to October16 2012 Appraisal Technical Report 1 Individual Elements Analysis 1 Status of Proprietorship Location Longfor Huaqianshu Middle Road University town Shapingba Chongqing City Category of Property Private Building No 1 Room No HQS Structure Steel reinforced concrete Total Building Floors 36 Floor No of the Appraised Object 1 Building Area 73 86 square meters Use of Design Commercial 2 Regional Effects Analysis区区域因素分析域因素分析 1 District General Condition Xiaodian District is located at t University town of Chongqing City The economic strength of Xiaodian District is potential Nowadays it owns many existing business enterprises including commerce diet service and transportation etc Since it was established Government vigorously implement the strategy of prosperity in virtue of business development by investing 2 Location and Transportation Condition Many bus routes have been distributed at surroundings for instance bus 276 288 251 271 It s only need 10 minutes to walking to subway station 3 Infrastructural Facilities Condition Situated at the area where is equipped with a complete set of supporting facilities and advanced business service facilities hospital bank school hotel supermarket bus station and subway station etc can all be found easily Yonghui Shopping Mall Longfor Huaqianshu Chamber Sijiaxinyi Hotel Xunhao Hotel Langlang Holiday Inn In addition many financial institutions including Urban forest park China Construction Bank Industrial and Commercial Bank are also scattered around here The educational facilities and medical treatment facilities in this area are all convenient Chongqing University Sichuang Art college People primary School University Town No 1 School and Chongqing No 8 School and Chongqing Hospital The area endures sheer pedestrian volume and enjoys business prosperity as well as graceful environment 3 Choice of the Appraisal Method In view of the real estate of the same kind has a high frequency of leasing in the university city as a result of this the appraisers calculate the price of the appraised object by market comparison method 4 Process of the Appraisal Price Calculation 1 Calculation Formula Market Price of the Appraised Object Price of Comparative Object Transaction Rectification Rectification of Trade Date Rectification of Regional Factor Rectification of Individual Factor 2 Choose the Trade Case A Longteng Commercial Street which is located at Jianbolu Street of ChenJiaqiao Town Building with Steel reinforced concrete structure one floors and was built in 2011 the Commercial building is a frontageshop 80 square meter high grade decoration water electricity gas television the transaction price in June 2012 is RMB199 000 00 Yuan B Fuli City Commercial Street which is located at Middle Road of Uinversity Town 2 floors and was built in 2012 Building with steel reinforced concrete structure the house is in the first floor 72 square meter common decoration water electricity gas television the transaction price in July 2012 is RMB22 220 00 Yuan C Longfor U city which is located at North Road of University Town 36 floors and was built in 2012 Building with Steel reinforced concrete structure the house is in the first floor 72 square meter no decoration water electricity gas television the transaction price in Septembe 2012 is RMB18 750 00 Yuan Item Estimated Properyt A BC Unit Price Yuan M2 Wait for Estimated 199002222018750 Transaction Situation Wait for Estimated NormalNormalNormal Trade Date 15 10 201206 201207 201209 2012 Level of AggregationWellWellWellWell Traffic Condition ConvenientConvenientConvenientConvenient Bus Routes ManyManyManyMany Level of Prosperity ProsperousProsperousProsperousProsperous Environ mental Factor Landscape of Humanity WellWellWellWell Transport Facility PerfectPerfectPerfectPerfect Infrastructure PerfectPerfectPerfectPerfect Limitation of Programming CommercialCommercialCommercialCommercial Convenient Level of Traffic ConvenientConvenientConvenientConvenient Frontage Road Middle Road University town Jianbolu Road Chenjiaq iao town Middle Road Universi ty town North Road University town Situation of Frontage Frontage shopsFrontage shopsFrontage shopsFrontage shops Neighborhood WellWellWellWell Date of Complete 2012201120112012 Landscape of Humanity WellCommonWellWell Artificial Environment WellCommonWellWell Facility WellWellWellWell Aera 74807272 Decoration NoHigh grade Decoration Common Decoration No Elevator YesNONOYes Utilization 95 8 98 95 8 95 5 Quality WellWellWellWell Structure Steel concrete structure Steel concrete structure Steel concrete structure Steel concrete structure Floors Level 1 361 11 21 36 Indivi dula Factors Property Management WellCommonCommonWell 5 Rectification of Comparative Factors ItemEstimatedA BC Unit Price Yuan M2 Wait for Estimated 199002222018750 Transaction Situation100 100100 100100 100100 100 Trade Date100 100100 100100 100100 100 Level of Aggregation 100 100100 100100 100100 100 Traffic Condition 100 100100 100100 98100 100 Bus Routes 100 100100 100100 100100 100 Level of Prosperity 100 100100 100100 100100 100 Landscape of Humanity 100 100100 98100 100100 100 Environmental Factor Transport Facility 100 100100 100100 100100 98 Infrastructure 100 100100 100100 100100 100 Limitation of Pragamming 100 100100 100100 100100 100 Convenient Level of Traffic 100 100100 100100 100100 100 Frontage Road 100 100100 100100 100100 100 Situation of Frontage 100 100100 100100 100100 100 Neighbourhood 100 100100 100100 100100 100 Date of Complete 100 100100 100100 100100 100 Landscape of Humanity 100 100100 98100 100100 100 Artificial Environment 100 100100 98100 100100 100 Facility 100 100100 100100 100100 100 Aera 100 100100 100100 100100 100 Decoration 100 96100 100100 98100 96 Elevat

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