Deciding Method of Capability Vs. Price of Real Estate

The authors determine the index system and the index weight of capability of real estate by applying Delphi method and AHP method, and found the fuzzy comprehensive evaluation model of capability of real estate. They creates the model of capability Vs. price based on value engineering theory. The authors analysis detailedly deciding method of capability Vs. price of real estate combined with a practice example and application. The method adapts to a house as well as the type of the house. The method resolves the problem which capability Vs. price of real estate was only described by qualitatively for ages, which supplies theory basis to developer and consumer.     

The Real Option Method of Real Estate Exploitation Evaluation

Real estate exploitations have high risk and its exploitation environment is quite uncertain. The traditional investment value methods, such as the net present value and discount cash flow methods, usually undervalue the real estate value. In this paper the real option pricing theories and methods are applied to discuss real estate investment value under uncertainty. This method provides a new approach for real estate items.     

Analysis on Location Selection for Real Estate Development Based on Set Theory

In order to increase the early decision-making accuracy of the real estate development and lower the overall risk of real estate investment, this paper explored the locations for projects of real estate development in the aspects of theoretical methods and technical levels. The evaluation system of housing project sites was established. It constructed the set model for real estate development projects and studied the concrete operation of the model in practice with a prac- tical example with the rough set theory. The test results showed that the method can reduce impacts from the experience and subjective awareness of decision-makers and increase the accuracy of location decisions.     

Valuation Analysis of Commercial Real Estate Using the Nearest Neighbors Appraisal Technique

The Nearest Neighbors Appraisal Technique (NNAT) is pitted against the traditional real estate appraisal process and ordinary least squares (OLS) estimates of value for various types of commercial real estate in Dallas, Texas. Additionally, time is explicitly entered into NNAT. NNAT estimates of value are significantly more accurate than the traditional appraisal process for all types of commercial real estate, it is significantly more accurate than OLS estimates for retail and miscellaneous properties, and it is more accurate, but not significantly so, than OLS estimates for other types of commercial real estate.     

Design and implementation of comprehensive evaluation model for long distance oil-gas pipeline

Existing pipeline safety evaluation models commonly use the subjective methods such as the expert evaluation method, but the subjective consciousness has serious influence on the determination of index weight. Therefore, the match degree of the evaluation and the real condition is low and the evaluation result lacks of comprehensiveness. This paper determines the major evaluation index of long-distance oil-gas pipelines through the analysis of the goals and features of the safety evaluation. Fuzzy mathematics method is applied to build the comprehensive evaluation model of long-distance oil-gas pipelines and to analyze the key technology of the evaluation model. Variation coefficient method and analytic hierarchy process are comprehensively utilized to make a quantitative analysis of the criteria layer weight, and preferential relation matrix and fuzzy consistent matrix are established to determine the index layer weight. Finally, some examples are given to verify the feasibility and accuracy of the proposed model.     

A Study on the Phases Division of Real Estate Project Life Cycle in China

Recently,many large and medium-sized real estate companies in China have attempted to construct a standard project management system regarding project culture,organization and value chain,to enhance their ability of integrating resources and effectively delivering projects.An appropriate definition of project phases is the base of standard management for these enterprises.According to the existed literature and the observation of some real estate companies,a Six-Phase(SP) approach is presented.The method standardizes real estate project in China by dividing a project life cycle into six phases.A case study shows that the six phases correspond appropriately with those suggested by the departments of four real estate companies.An industry survey by means of questionnaire has also been conducted.The respondents,most of which are the CEOs from 50 real estate companies in China,agreed that this approach is reasonable and acceptable.     

古树名木价值等级的评估研究

古树名木作为自然、文化遗产具有重要保护意义。笔者以北京古树名木调查为基础,运用德尔菲法从3个方面价值（自然、文化、景观）确定古树名木价值评估体系,同时运用层次分析法提出古树名木价值评估标准,构建价值评估模型,将古树名木定性分为A级、AA级、AAA级、AAAA级、AAAAA级5种级别,为其资源保护提供一套综合考虑的价值衡量体系。     

Research on Calculating Method of Capitalization Rate in Real Estate Appraisal

In order to formalize China's real estate appraisal, an examination and registration system for real estate appraisers has been put into practice. China Institute of Real Estate Appraisers has edited a series of textbooks for this purpose and the standard rules and specifications for real estate appraisal are available. During reading the text book as well as the rules and specifications, the author found that there are some mistakes and uncertainty in the formula of overall capitalization rate. Because of its sensitivity to the value of real estate, it is extremely important to use correct overall capitalization rate. Based on the information collected, the author has systematically analyzed the overall capitalization rate formula, and clearly defined the concept involved. In this paper, it is expected to provide some insight into the improvement of real estate appraisal theory in China and offer some valuable reference for real estate practice.     

Main Influences of Credit and Loan Adjustment Policy on the Real Estate Enterprises and Their Countermeasures

In conjunction with the current situation of the real estate market in China, the main influence caused by the credit and loan adjustment policy is analyzed. On this basis, it has proposed some suggestions on how to strengthen the competitiveness and ability to resist risk of the real estate enterprise. At the end, it is emphasized, that the credit and loan adjustment policy not only makes the enterprise under enormous pressure, but provides a great opportunity of reducing rivals and expanding its own scale to those really powerful real estate enterprises. The real estate enterprise should seize this opportunity to meet the challenge to expand and strengthen itself.     

Method for Analyzing the Value of Stocks of Listed Real Estate Companies

The new listed real estate companies will greatly influence the real estate stocks in Shenzhen and Shanghai Stock Exchanges. Based on this special background, this paper established an operable model by comprehensively applying the Grey Theory, DEA Appraisement and its sequence arrangement method to compare various values of real estate stocks.     

宁夏清水河产业带新型城镇化与房地产业耦合发展空间分析

基于新型城镇化与房地产业耦合发展为视角,建立了宁夏清水河产业带新型城镇化与房地产业发展耦合度评价指标体系,借助耦合协调度模型与耦合发展度模型,对该区10个县(区)单元的新型城镇化与房地产业发展的耦合关系进行空间分析。结果表明：① 研究区新型城镇化与房地产业整体协调度处于磨合阶段,系统之间相互作用与影响力显著,但并没有达到协调水平,协调度最高的是同心县,最低的是红寺堡区；② 新型城镇化与房地产业整体发展度处于中等水平,且空间格局差异较大,耦合发展度最高的是沙坡头区,最低的是红寺堡区；③ 依据耦合协调度与发展度的组合可将研究区新型城镇化与房地产业发展耦合关系分为4大类型：高发展协调区、高发展磨合区、中发展拮抗区、低发展拮抗区。建议在未来新型城镇化建设过程中政府应因城因地的采取差别化的房地产宏观调控政策,促进房地产业发展与新型城镇化建设的协调关系。     

Application of the Idea of Chinese Traditional Philosophy to Landscape Garden Design in Real Estate Development Project

In this paper, how to apply the pith of the Chinese traditional philosophy to landscape garden design in real estate developing project is discussed with emphasis on applying the harmonious and integrating philosophy idea of "unity of the heaven and human beings" to landscape garden design. At the same time, some problems of landscape garden design in real estate developing project nowadays are analyzed.     

Application of Residential Environmental Adaptability to Environmental Influence Assessment of Real Estate Project

In this paper, the Environment Influence Assessment (EIA) characteristics of real estate are analyzed and the application of residential environmental adaptability to the EIA of real estate is mentioned.The assessment index system of residential environmental adaptability and the method of assessment are submitted, which can be used to guide the EIA of real estate in order to create a suitable residential environment and improve the living standard.     

基于GIS的广西暴雨灾害风险实时评估技术研究

为了科学应对广西暴雨灾害频发、影响日趋严重这一问题,选用广西自动站实时降雨量数据、历年暴雨灾情数据、广西社会经济数据及基础地理数据,采用主成分分析法、层次分析法等方法,结合GIS技术,研究了暴雨灾害危险度实时评估的技术方法,并基于暴雨灾害实时危险度、孕灾环境脆弱度、承灾体易损度和抗灾力等4个因子,构建了广西农业暴雨灾害风险度实时评估模型,选择2011年的一次暴雨过程对模型进行验证,验证结果表明：评估结果与实际灾情较为吻合,模型实践检验效果较好。     

Investment Choice for the Tail Part of Real Estate Based on a Fuzzy Comprehensive Evaluation

As the real estate industry in P. R. China developed rapidly in recent years and the housing price constantly rose, the Tail Part of Real Estate (TPRE) became a new investment option for shrewd investors due to its huge profit possibilities. We appraise the investment values of different TPREs and provide the investor with scientific decision making support regarding the selection of TPREs. We introduce the TPRE concept and analyze the causes and factors influencing TPRE formation. We construct a mathematical fuzzy comprehensive evaluation model to analyze the investment options for TPREs. We provide an example showing how to analyze the TPRE investment choices using our method provided herein. It could be a good reference for the investors in choosing a TPRE for investment.     

Cost Management of Real Estate Development

After China's entry into WTO, some well-rounded foreign real estate agencies and home financial company have entered into China's real estate market. Encountered with gradually matured market, the real estate enterprises pay more attention to the issue of how to preserve the biggest profit space. In this paper, the cost management will be investigated deeply and related measures will be put forward. This paper follows the principle of standing out the emphasis and exploring deeply the essential problem. With the theory-coupled-examples method, the fundamentality of cost management in decision-making and programming design stage is studied. The object system method is used to evaluate the quality of the decision-making and using compound engineering designing principle to manage the cost. The results prove that the decision-making as well as programming design stage is the key of cost management, which should be taken seriously by China's real estate enterprises.     

Decision Model for Location Selection of the Resident Project

Started with studying the evaluation standard, which are influencing the decision for location selection of the resident project, this paper set up a decision model for the location selection. It confirmeds evaluation rule of the location selection according to the characteristic of the resident project and selects all the location by fuzzy mathematic and AHP. After this selection, AHP is used again to taxis all the suitable location to build in the most suitable place. This model is provided with a scientific and rational decision result in the location selection for companies of the real estate.     

The Influence of Interest RateReduction on the Real Estates

The fluctuation of interest rate may affect the market of real estate.In Oct. l997,the central bank declared the interest rate reduction.This will promote the investment in the field of real estate,on the other hand,the developers' interest burden will be reduced as well.Thus,the cost of building will be declined and its price also will fall.At present,if we want to stir the real estate market,the overstocked buildings must be sold .The decline of interest rate makes the goal possible to reach.     

Theory On Internal Control In The Real Estate Enterprise

Whether the international economic and financial environment pressure or domestic economy grows dynamical inadequacy suggests that the economy may enter a downward cycle in 2012. Policy is still the most important factor which will determine the trend of the real estate market. In the face of tighter monetary environment, limiting the purchase, credit limit, limit and strict regulation of real estate and the rapid growth of the low-income housing supply, housing price quantity fall into a downward trend, market situation is complex and severe. Strengthening the construction of internal control in the real estate enterprise is effective means to manage enterprise strictly, innovate in management, improve management efficiency ,prevent various risks, achieve business objectives and goals .Through the internal control principle in the real estate and the necessity of analysis , the paper presents the main control measures in the real estate development process.     

土地征收中农地市场价值的测算思路

对农地的市场价值进行合理评估是推进中国征地制度改革的关键问题之一。目前,国家在土地征收过程中,提倡划分区片、按价征地,要按农地的市场价值计算征地区片综合地价。针对于此,笔者在文章中提出合理确定征地区片综合地价的测算方法。通过对土地征收过程中政府与农民集体之间的权益进行综合分析,借鉴城市地价评估的方法,指出可应用收益还原法、假设开发法和社会价值量化法三种评估方法来测算农地市场价格,并具体分析了这三种方法的应用途径。