商業(yè)計(jì)劃書BusinessPlan中國(guó)西部美國(guó)ChinaWesternTown

四川省環(huán)福投有限公司SichuanCircleFocusInvestmentCo.Ltd2006.08目

錄Contents一、背景介紹BackgroundInformation二、市場(chǎng)需求及政策持MarketandGovernmental三、地理位置和區(qū)位勢(shì)2

GeographicPositionandLocationAdvantages四、開發(fā)計(jì)劃DevelopmentPlan五、投資概算、收益測(cè)InvestmentandProfit六、項(xiàng)目業(yè)主和項(xiàng)目營(yíng)公司ProjectandOperationCompany一、背景介紹I.“中國(guó)西部美國(guó)城落戶于成都雙流現(xiàn)代商貿(mào)集中發(fā)展區(qū)位于成都雙流東升鎮(zhèn)總占地面積1139畝(約187.94英畝)是四川省最大的綜合商業(yè)地產(chǎn)開發(fā)項(xiàng)目之一。其主要建設(shè)項(xiàng)目是“美國(guó)產(chǎn)品展示和交易中心”以及星級(jí)酒店、高尚住宅區(qū)商業(yè)中心學(xué)校醫(yī)院等總投資約億人民（約3億5萬美圓分?jǐn)?shù)期投入完成建設(shè)。ChinaWesternAmericanTown(CWAT)，locatedatShuangliuDevelopingModernTradeCenter,DongShengTown,Shuangliu,Chengdu,coversan3

areaof1139muacre).Itisoneofthelargestcommercial/residentialcomplexpropertiesinSichuanProvince.MainconstructionprojectsincludeAmericanProductsExhibitionandExchangeCenter(APEEC),five-starhotel,high-endresidentialcommunities,shoppingmall,school,hospital,etc.,withtotalinvestmentofaroundRMB2.5billion(aroundUSD313million)tobeinvestedbyinstallments.中國(guó)西部美國(guó)城的建設(shè)宗旨是建立一套沒有中間商的直接行銷通路讓美國(guó)產(chǎn)品能夠大量進(jìn)入中國(guó)市場(chǎng)增加美國(guó)出口額增加美國(guó)公民就業(yè)機(jī)會(huì)減少中美貿(mào)易逆差。在中國(guó)境內(nèi)設(shè)立的美展中心，其作用在維護(hù)中國(guó)消費(fèi)者的權(quán)益，讓中國(guó)消費(fèi)者可以使用物美價(jià)廉的美國(guó)產(chǎn)品之外可享有美國(guó)式的產(chǎn)品售后服務(wù)。TheobjectiveofCWATistobuildadirectmarketingplatformwithoutmiddlemen，willhelpalargenumberofAmericanproductsenterintoChinese，increaseAmericanexportvolume，increaseemploymentopportunityforAmericancitizensandnarrowSino-UStradedeficit.TheAPEECsetupinChinaistoprotecttherightsandinterestsofChineseconsumers，ChineseconsumerstopurchasequalityAmericanproductsatareasonableprice.Besides,ChineseconsumerscanenjoyAmericanhigh-qualityafter-salesservices.中國(guó)西部美國(guó)城將引進(jìn)美國(guó)政府的州辦事處及州展館使中美雙方人民在商貿(mào)、投資、觀光、教育、文化及公共關(guān)系方面的深度交流。引進(jìn)美國(guó)金融融資服務(wù)引進(jìn)美國(guó)科技發(fā)明專在中國(guó)尋求合作投資以及進(jìn)一步的研發(fā)生產(chǎn)；4

引進(jìn)美國(guó)法律會(huì)計(jì)機(jī)構(gòu)；引進(jìn)美國(guó)文化及藝術(shù)表演及展示等……StateofficesandstateexhibitionhallsoftheU.SwillbesetupinCWAT，whichwillsignificantlypromotebilateralexchangeofbusinessandtrade,investment,sightseeing,education,cultureandpublicrelations.CWATwillbringinAmericanfinanceservice;introduceAmericanscienceandtechnologypatentsofinventiontoseekcooperation,investmentandfutureR&D,productioninChina;bringinAmericanlawandaccountinginstitutions;andbringinperformanceandexhibitionsofAmericancultureandarts,etc.中國(guó)西部美國(guó)城的龍頭項(xiàng)目是“美國(guó)產(chǎn)品展示交易中心并綜合商業(yè)地產(chǎn)開發(fā)修建酒店、大型聯(lián)體商城、高尚住宅區(qū)等，共同促進(jìn)當(dāng)?shù)亟?jīng)濟(jì)的繁榮發(fā)展。CWATishighlightedbyAPEEC,integratingcommercialpropertydevelopmentincludinghotel,mall,high-endresidentialcommunity,etc.,toboomthelocaleconomicdevelopment.“美國(guó)產(chǎn)品展示交易中心建立為美國(guó)產(chǎn)品在中國(guó)市場(chǎng)提供一個(gè)直接的展示銷售平臺(tái)該平臺(tái)的建立縮短了美國(guó)產(chǎn)品在中國(guó)銷售中間環(huán)節(jié)節(jié)約產(chǎn)品流通成本，利用中國(guó)保稅區(qū)的售前免關(guān)稅政策，提供短、中、長(zhǎng)期定點(diǎn)展覽及連接中國(guó)百余個(gè)大城市的商貿(mào)服務(wù)代理。APEECistoprovideadirectexhibitionandsaleplatformforAmericanproductsinChinamarket,whichwillcutdownmiddleagentsofAmericanproductsinChina,andreducethecirculationcost.Bymakingfulluseoftariffexemptionpolicyinthefreetradezone,itprovidesshort,medium,andlong-termfixedsitedisplaysandconnectsbusinessandtradeagentsinover5

hundredChinesebigcities.“美國(guó)產(chǎn)品展示交易中心由美國(guó)聯(lián)邦商務(wù)部及五十個(gè)州政府協(xié)助并參與所組成的美國(guó)產(chǎn)品在亞洲的行銷中心它的建立為直接縮小中美貿(mào)易逆差引進(jìn)美國(guó)金融融資服務(wù)，兩國(guó)民間的商業(yè)貿(mào)易和文化交流起到極大的作用。APEECisanAmericanproductmarketingcentreinAsiajoinedandassistedbytheUSDepartmentofCommerceand50Stateauthorities.TheestablishmentofAPEECwillreduceSino-UStradedeficit,bringinAmericanfinancingandplayanimportantroleinfacilitatingciviliantrade,businessandculturalexchange.二、市場(chǎng)需求及政策支持由于房地產(chǎn)市場(chǎng)的持續(xù)繁榮，房地產(chǎn)價(jià)格的在近年來呈現(xiàn)快速增長(zhǎng)的勢(shì)態(tài)。2005年都市新建商品房成交總量高達(dá)萬平方米(17221.49平方英尺)，同比增7.71%；銷售金額高507.79億元，同比增21.88%。由于土地供應(yīng)的限制，今年第一季度住宅和商業(yè)房的供應(yīng)量均下降了。成都房地產(chǎn)市場(chǎng)保持著健康、穩(wěn)定的發(fā)展態(tài)勢(shì)。Becauseofthecontinuedprosperityoftherealestatemarket,housingpriceshowsarapidgrowthinrecentyears.In2005,totaltransactionamountof6

thenewlybuiltcommercialhousinginChengdureachesashighas16millionsquaremeters(172millionsq.ft.),increasedby7.71%comparedwiththesameperiodoflastyear;thesalesvaluereachesashighasRMB50.779billionYuan(USD6.34bil),increasedby21.88%comparedwiththesameperiodoflastyear.Asaresultofthelandsupplylimit,theresidentialandcommercialsupplydroppedby30%atfirstquarterofthisyear.Chengdurealestatemarketismaintainingasound,stabledevelopmentmomentum.市場(chǎng)調(diào)研顯示，在半徑10公里(6.214英里范圍內(nèi)，目前居住有近40萬人口僅有兩個(gè)較大型的商場(chǎng)隨著武侯區(qū)國(guó)際社區(qū)的建設(shè)雙流縣東升新區(qū)和牧馬山國(guó)際社區(qū)的建成，該區(qū)域內(nèi)的居住人口會(huì)大幅度的上升，預(yù)計(jì)在年居住人口會(huì)升至60萬。另外，成都市的私家車擁有量為全國(guó)第三，代步工具的變革將空間距離縮小……以上的原因使大型的商業(yè)地產(chǎn)開發(fā)項(xiàng)目蘊(yùn)含了極大的開發(fā)和增值潛力。Accordingtothemarketsurvey,therearenearly400,000peoplelivewithin10kilometers(6.214miles)radiibutwithonlytwolargestores.Itisestimatedthat,withthedevelopmentofWuhouDistrictInternationalCommunityandShuangliuCountyDongshengNewDistrictandMountainMumaInternationalCommunity,theresidentpopulationwillriseupto600,000in2010.Besides,theamountofprivatecarsinChengduranksNo3.amongmajorcitiesofChina.Thetransformofwalk-insteadvehiclesgreatlynarrowsthespacedistance…Forthereasonsmentionedabove,largecommercialpropertydevelopmentprojectisbestowedwithhugedevelopmentandappreciationpotential.“中國(guó)西部美國(guó)城項(xiàng)目對(duì)當(dāng)?shù)亟?jīng)濟(jì)發(fā)展是最重要的里程碑項(xiàng)目之一當(dāng)?shù)卣?

府給予了極大的重視并提供一系列的優(yōu)惠政策。CWATprojectisoneofthemostsignificantmilestoneprojectsforlocaleconomicdevelopmentandhasbeenattachedgreatimportancebylocalgovernmentwhohasprovidedaseriesofpreferentialpoliciesfortheproject.美國(guó)城項(xiàng)目總占地畝(187.94英畝)，建設(shè)用地為897畝(148.01英畝)，用地性質(zhì)為商貿(mào)，其中兼容住宅20%項(xiàng)目正式啟動(dòng)后，作為省上重點(diǎn)項(xiàng)目宅用地比例將根據(jù)需要調(diào)增40%品展示中心占地約100畝(16.5英畝)，剩余畝(131.51英畝)的商貿(mào)用地除建設(shè)住宅配套項(xiàng)目外，擬建大型Mall、酒店住宅、學(xué)校和醫(yī)院等項(xiàng)目。CWATcoversanareaof1139mu(187.94acre)with897mu(148.01acre)forconstructionuse.Thenatureofthelandisforbusinessandtradepurpose.Amongwhichtheresidentialpartis20%(theresidentialproportionshallbeadjustedupto40%accordingtothedemand).APEECcoversanareaofapproximately100mu(16.5acre).Theleftareaof797mu(131.51acre)willbeusedforconstructionofresidentialsupportingfacilities,large-scaleshoppingmall,hotel,apartment,schoolandhospital,etc.對(duì)項(xiàng)目提供的優(yōu)惠政策包括：建筑規(guī)費(fèi)收取的減免（項(xiàng)目報(bào)建規(guī)費(fèi)除招標(biāo)費(fèi)、質(zhì)檢費(fèi)減半收取外，其余費(fèi)用一律免；項(xiàng)目基礎(chǔ)設(shè)施建設(shè)配套費(fèi)的優(yōu)惠；水、氣收費(fèi)在一定時(shí)期內(nèi)內(nèi)參照工業(yè)用地的費(fèi)用征收標(biāo)準(zhǔn)府承擔(dān)一部分基礎(chǔ)設(shè)施的改造工作等等……Preferentialpoliciesprovidedfortheprojectincludes:reductionandexemptionoffees(Theapplicationfeeforprojectconstructionisexemptexceptthebiddingfeeandthequalitytestingfeewhichwillbechargedby8

50%);infrastructureconstructionmatchingexpenseswillbechargedfavorably;waterandgaswillbechargedaccordingtothestandardoflandforindustrialuseinacertainperiodoftime;localgovernmentwillundertakepartofinfrastructuresengineering,etc.雙流縣積極爭(zhēng)創(chuàng)一流的投資軟環(huán)境切實(shí)提高辦事效率雙流縣政務(wù)服務(wù)中心為客商提供優(yōu)質(zhì)“一站式服務(wù)現(xiàn)代商貿(mào)集中發(fā)展區(qū)管委會(huì)針對(duì)美國(guó)城項(xiàng)目的具體情況，還采取“一企一策”等辦法，急事急辦，特事特辦。ShuangliuCountyendeavorstocreatethefirst-classinvestmentenvironment,andenhancetheworkingefficiency.TheShuangliuCountyGovernmentalAffairServiceCenterprovideshighquality"one-stopservice"forinvestorsandbusinessmen.ModernBusinessTradeCentralizationDevelopmentAreaCommitteetakessomemeasureslike"onepolicyforoneenterprise",thetimelysolutionsforurgentmatters,andthespecialproceduresforspecialmatterstosupportCWAT.三、地理位置和區(qū)位優(yōu)勢(shì)III.GeographicLocationLocationAdvantage美國(guó)城項(xiàng)目位于緊鄰成都武侯區(qū)的成都雙流東升鎮(zhèn)的成都雙流現(xiàn)代商貿(mào)集中發(fā)展區(qū)內(nèi)。CWATislocatedatShuangliuDevelopingModernTradeCenter,DongShengTown,Shuangliu,Chengdu.雙流現(xiàn)代商貿(mào)集中發(fā)展區(qū)園區(qū)啟動(dòng)于9月，位于雙流縣新城區(qū)北部與成都市南部接壤的黃金地帶，規(guī)劃面積5.51方公里(2.13平方英里)。緊臨全9

國(guó)第四大國(guó)際樞紐機(jī)場(chǎng)—雙流國(guó)際機(jī)場(chǎng)南地區(qū)最大的貨運(yùn)中心—成都火車南站。成都老川藏路、新川藏路、成都繞城高速路、雙流繞城環(huán)路穿越全境；緊臨機(jī)場(chǎng)高速成雅高速成樂大件路等交通干線構(gòu)成密集的公路網(wǎng)絡(luò)體系縣境內(nèi)的華陽成都航運(yùn)港可直達(dá)樂山港、重慶港；園區(qū)內(nèi)水、電、氣、道路、通訊、主干線（網(wǎng)）等基礎(chǔ)設(shè)施齊備；組成集航空、鐵路、公路、航運(yùn)為一體的立體交通網(wǎng)絡(luò)，是成都地區(qū)交通運(yùn)輸體系最發(fā)達(dá)的地區(qū)。寬米(459.31英尺的雙楠大道實(shí)現(xiàn)雙流城區(qū)與成都市區(qū)的零距離對(duì)接離三環(huán)路分鐘車程進(jìn)一步構(gòu)成園區(qū)得天獨(dú)厚的環(huán)境優(yōu)勢(shì)。ShuangliuDevelopingModernTradeCenter(SDMTC)wasestablishedinSep2005.ItlocatesinthegoldenareaborderingthenorthofShuangliuNewCityandsouthofChengduCitywithtotalplanningareaof5.51squarekilometers(2.13e).Itisneartothedomesticfourthbiggestinternationalairport--ShuangliuInternationalAirportandthebiggestfreightcenterinSouthwestChina--ChengduSouthRailwayStation.TheOldandNewSichuan-Tibetroads,ChengduLoopHighwayandShuangliuRingRoadrunthroughthearea.ItisintheintensiveroadnetworksystemwhichconsistsofAirportHighway,Chengdu-YaanHighwayandChengdu-LeshanRoad.TheHuaYang–ChengDushippingportinShuangliuCountydirectstoLeShanportandChongQingport.Theinfrastructureiswell-equippedwithsupplyofwater,electricityandgas,road,telecom,maintrunkcircuits,etc.Thetransportationnetworkintegratingaviation,railway,highwayandshippingcomesintobeing.ItisdeemedasanareawithmostdevelopedcommunicationsandtransportationsysteminChengdu.140m-width(459.31ft.)ShuangnanAve.connectsShuangliuCountyandChengduCenterCity.園區(qū)分區(qū)規(guī)劃于2005年1026日通過成都市規(guī)劃委員會(huì)審定，明確園區(qū)以“汽車城、物流、商業(yè)購物、中高檔商住”為產(chǎn)業(yè)發(fā)展目標(biāo)，并被確定為成都市10

四大物流中心之一。PlanningofSDMTChaspassedthereviewofChengduMunicipalPlanningCommitteeonOct26,2005.ItwillfocusondevelopingindustriesincludingMotorTown,logistics,shoppingmallandproperties.SDMTCisplannedasoneofthefourthbiggestlogisticscenterinChengdu.2006年10月1日雙楠大道全線通車。通車后，雙流新城與市區(qū)的距離將縮短至10分鐘車程。雙楠大道起于外雙楠，途經(jīng)武侯大道、武侯國(guó)際社區(qū)、繞城高速接待寺跨線立交橋，最終直達(dá)雙流新城。大道全長(zhǎng)2.7公里(1.68英里)，140米(459.31英尺)，寬雙向8車道，路兩旁將建設(shè)米(98.42英尺寬綠化帶。該區(qū)域內(nèi)多是中高檔樓盤，平均價(jià)格已經(jīng)達(dá)到人民幣/平方米（美圓52-58元／平方英尺雙楠大道的正式通車使該區(qū)域內(nèi)的樓盤具備了高大的增值空間。ShuangNanAve.willbeopentotrafficonOct1,2006.Afterthat,car-tripbetweenShuangliunewcityandChengdudowntownwilltakesonly10minutes.ShuangNanAve.beginsfromouterShuangNan,passesthroughWuHouAve,WuHouInternationalCommunity,JieDaiSiOverpassonLoopHighway,anddirectstoShuangLiunewcity.Theavenueisabout2.7kilometers(1.68mile)longand140meters(459.31ft.)widewithtwo-way8lanes.30-meter（98.42）widegreenbeltwillbebuiltonbothsidesoftheAve.Mostofthepropertiesinthisareaarehigh-endresidentialcommunitieswithaveragesalespricereachinguptoRMB4500-5000Yuan/sq.m(USD52.28-58/sq.ft.)……WithShuangnanAve.totraffic,propertiesinthisareaisbestowedwithgreatpotentialforappreciation.我們的選址同時(shí)也得到了雙流縣政府的大力支持流縣政府認(rèn)為本項(xiàng)目立足雙流將會(huì)把雙流和成都直接連接在一起進(jìn)一步推動(dòng)雙流的經(jīng)濟(jì)發(fā)展是把雙流推向世界的一個(gè)大好時(shí)機(jī)所以雙流政府不僅給足土地指標(biāo)而且還給出一個(gè)最11

優(yōu)惠的土地價(jià)格。We’vegainedfullsupportfromShuangliuCountyGovernwhobelievesthatthisprojectwillconnectshuangliumorecloselywithChengduandwillfurtherpromoteShuangliuseconomicdevelopmenttobringShuangliutotheworld.ShuangliuGovernment,therefore,notonlygrantsadequateland,butalsooffersamostfavorablelandprice.本項(xiàng)目的土地增值也正在以驚人的速度上升楠大道未開工前土地價(jià)格大約是28萬/畝(美圓21.21萬／英畝)當(dāng)雙楠大道雙流段開工該地段的土地就已漲至萬/畝（美圓／英畝20064月27土地拍賣結(jié)果，緊鄰美國(guó)城項(xiàng)目的土地成交價(jià)格為萬/畝(美圓128.75／英畝詳見表1

美國(guó)城項(xiàng)目周邊樓盤最新調(diào)查表和表2美國(guó)城項(xiàng)目周邊地塊拍賣地價(jià)情況介紹）Thelandisappreciatedbyasurprisingspeed.LandinthisareawasvaluedataboutRMB280,000Yuan/mu(USD212,100/acre)beforeconstructionofShuangnanAve.ThepricerosetoRMB1.7miilonYuan/mu(USD1.29mil/acre)sincetheconstructionofShuangNanAve.AccordingtothelandauctiononApril27,2006,thepurchasepriceoflandneighboringtoCWATis1.7millionYuan/mu(USD1.29mil/acre)（.PleaserefertoTable1SurveyontheNeighborhoodPropertyProjectsandTable2SurveyonStreetValueofNeighborhoodLandfordetails.)12

表1美城目邊盤新查1項(xiàng)名

項(xiàng)地

物類

建類

單（/㎡Project

ProjectLocation

Property

ConstructionType

UnitPriceType

(RMByuan麓山國(guó)際社區(qū)塞維

麓山國(guó)際社·塞維蒙第2蒙第2批LushanInternational

批LushanInternational

別墅Villa

多層Multi-Level

9000USDCommunity

Community

106.77/sq.ft錦鎮(zhèn)

雙流縣東升鎮(zhèn)老川藏路口Jin

DongshengTown,

中式別墅

多層

4000ShuangliuCounty

Villa

Multi-Level

USD46.47/sq置信麗·園城第2組團(tuán)

成都市武侯大道

電梯公寓

小高層

4500ZhixinGardenCity

WuhouAve.

LiftApartment

MiddleLevel

USD52.28/sq西郡·林

外雙楠大石西路西延線

花園洋房

多層

3480XiTown·FragrantForest

DashixiluRoad,WaishuangnanAve.

Town

Multi-Level

USD40.43/sq13

表美城目邊塊賣價(jià)況紹2of拍時(shí)AuctionDate

地位Location

面(畝Areamu

用Usage

起價(jià)萬/畝BasePrice(RMB10,000yuan/mu

（Purc(RMyu武侯區(qū)簇橋鄉(xiāng)順江村八組（武侯大道

二類居住用地2004-7-6

旁）

71.72

2nd-TypeResidential

60WuhouAve.,WuhouDistrict雙流東升鎮(zhèn)塔橋村3社2005-5-12DongshengTown,ShuangliuCounty

87.49

Land

USD454,545/acreUSD50USD378,788/acreUSD雙流西南航空港常樂村2006-3-28151.15

商住

70WesternAirport,ShuangliuCounty

USD530,303/acreUSD1雙流縣東升鎮(zhèn)一桿旗北路2006-4-27316

商住

70DongshengTown,ShuangliuCounty

USD530,303/acreUSD,14

四、開計(jì)劃美國(guó)城項(xiàng)目計(jì)劃分三期開發(fā)完成。總建筑面積約1,016,604㎡(10,938,659.04sq.ft.)，其中：美展中心㎡(968,400sq.ft.)住宅299,001㎡(3,217,250.76sq.ft.)業(yè)MALL268,801㎡(2,892,298.76sq.ft.)、公寓㎡3,860,709.52sq.ft.)。詳見表美國(guó)項(xiàng)目開發(fā)計(jì)劃。CWATisscheduledtocompletebythreestages.Thetotalconstructionareais1,016,604㎡(10,938,659.04sq.ft.),including90,000(968,400sq.ft.)

ofAPEEC,

299,001

㎡(3,217,250.76sq.ft.)ofresidentialcommunity，268,801㎡(2,892,298.76sq.ft.)shoppingmall,39847.20㎡358,802㎡(3,860,709.52sq.ft.)ofapartment.PleaserefertoTable3AmericanTownDevelopmentPlanfordetails.15

表3美城目發(fā)劃3分項(xiàng)項(xiàng)Item

總面積TotalConstructionArea

一期開面積AreainthestStage

二期開面積Areainthe2ndSt美展中心

90，000

45，000

45，APEEC

968,400sq.ft.)

(484，sq.ft.)

(484，s住宅ResidentialCommunity

299,001㎡(3,217,250.76sq.ft.)

99667㎡996(1，072，416.92sq.ft.)(1072416.92s商業(yè)MallShoppingMall

268,801㎡(2,892,298.76sq.ft.)

134400.50㎡(1，446，149.38sq.ft.)酒店公寓

358,802㎡

179，Apartment

(3,860,709.52sq.ft.)

（1930354.76s16

五、現(xiàn)金流、投資和收益估算onFlow,Pleaserefertothefollowingtablesfordetails:表美國(guó)城項(xiàng)現(xiàn)金流算表Table4CashFlowEvaluation表美國(guó)城工建設(shè)項(xiàng)總投資估算Table5TotalInvestmentEvaluation表美國(guó)城工建設(shè)項(xiàng)投資估算表A展Table6TotalInvestmentEvaluation–APEEC表美國(guó)城工建設(shè)項(xiàng)投資估算表B宅Table7TotalInvestmentEvaluation–Residential表美國(guó)城工建設(shè)項(xiàng)投資估算表C寓Table8TotalInvestmentEvaluation–Apartment表美國(guó)城工建設(shè)項(xiàng)投資估算表D業(yè)Table9TotalInvestmentEvaluation–ShoppingMall17

表4美城目金估表單：民萬）4Cash2008年

2009年

2010年2011年現(xiàn)金流入Cashinflow:銷售收入

會(huì)展APEEC

71,910SalesIncome

住宅Residential

31,395

34,535

50,710公寓Apartment商業(yè)Mall

22,604

37,351

41,11958,545

30,067150,341租金收入LeaseIncome

會(huì)展APEEC商業(yè)Mall

2,1604,838

6,48016,93453,999

78,884

173,788252,318現(xiàn)金流出CashOutflow:土地成本LandCost

50,900建筑及其他成本ConstructionCost稅金Tax

會(huì)展APEEC住宅Residential公寓Apartment商業(yè)Mall營(yíng)業(yè)稅OperationTax

16,66213,32980,891

9,25916,66219,99433,18379,098

9,25922,21619,99413,32977,428128,89713,32912,616房產(chǎn)稅PropertyTax所得稅IncomeTax

000

8400840

2,8103,7326,542

059,76272,378凈現(xiàn)金流NetCash

-26,892-1,054

166,610備注Remarks:1)每年售價(jià)增長(zhǎng)按(2003年為、2004為、2005為13%。Annualincreaseofsellingpriceiscalculatedas10%(8.39%in2003,11%in2004,13%in2005).2)公寓之售價(jià)按住宅減少10%算。Sellingpriceofapartmentsiscalculatedaslessthanresidentialby10%.3)住宅容積率估計(jì)為其他為1.5Plotratioforresidentialpartis2.5,forotherpartsis1.5.4)商業(yè)和會(huì)展中心先作出租后才出售。MallsandAPEECwillbefirstleasedandthensold.18

19

續(xù)表45)市場(chǎng)預(yù)測(cè)MarkerForcast：2008年

2009年

2010年

2011年估計(jì)出售面積EstimatedSold

會(huì)展APEEC

90,000(968,400sq.ft.)Area

住宅

89,700

89,700

119,600(平米(M2)

Residential

(965,172sq.ft.)(965,172sq.ft.)

(1,286,896sq.ft.)公寓Apartment

71,760(772,137.6107,641(1,158,217.16107,641(1,158,217.1671,760(772,137.6sq.ft.)sq.ft.)sq.ft.)sq.ft.)商業(yè)Mall80,640(8,676,86.4sq.ft.)

188,161(202944.4sq.ft.)估計(jì)出租面積EstimatedLeasedArea(平米(M2)估計(jì)售價(jià)EstimatedSoldPrice(元方米)(RMByuan/M2)估計(jì)年租金EstimatedAnnualRent(元方米)(RMByuan/M2)

會(huì)展APEEC商業(yè)Mall會(huì)展APEEC住宅Residential公寓Apartment商業(yè)Mall會(huì)展APEEC商業(yè)MALL

6,000(64560sq.ft)3,500(37,660sq.ft)3,150(33,894sq.ft)6,000(64,560sq.ft)

45,000(484,200sq.ft.)80,640(867,686.4sq.ft)6,600(71,016sq.ft)3,850(41,426sq.ft)3,470(37,337.2sq.ft)6,600(71,016sq.ft)480(5,164.8sq.ft)600(6,456sq.ft)

90,000(968,400sq.ft.)188,161(2,024,612sq.ft)7,260(78117.6sq.ft.)4,240(45,622.4sq.ft)3,820(41,103.2sq.ft)7,260(78,117.6sq.ft)720(7,747.2sq.ft)900(9,684sq.ft)

7,990(85,972.4sq.ft)4,660(50141.6sq.ft)4,190(45,084.4sq.ft)7,990(85,972.4sq.ft)960(10,329.6sq.ft)1,200(12,912sq.ft)20

表5國(guó)工建項(xiàng)總資算單：民萬）5TotalInvestment(Unit:技術(shù)經(jīng)濟(jì)指標(biāo)TechnologicalIndex序號(hào)S/N

總額(萬元)項(xiàng)目和費(fèi)用名稱TotalAmountItemsandFees(RMB10,000yuan)

單位Unit

工程量EngineeringWorkLoad

單位指標(biāo)（元）UnitIndex(RMByuan)

占總投資的比例Percentageintotalinvestment123

總圖工程（包括圖紙?jiān)O(shè)計(jì)）GeneralPlan報(bào)建成本ApplicationforConstruction總平及綠化工程SitePlanandVirescence

8,1334,3218,133

1,016,6041,016,6041,016,604

804380

456

土地費(fèi)用(淨(jìng)用地)Landcost(Netusableland)土地費(fèi)用(其他)LandCost(Others)建安工程SecurityProjects

6,050129,169

ha.ha.

897242

1,016,604

500,000250,0001,271

18.16%52.31%7891011

開辦費(fèi)包括水電氣等Launchcost地方建設(shè)費(fèi)LocalConstructionFee施工監(jiān)理及質(zhì)檢費(fèi)SupervisionandQualityInspectionFee財(cái)務(wù)費(fèi)用FinancialCost管理費(fèi)用（包括人員管理工資等）AdministrationFee

5,0832,0334,5753,050

1,016,6041,016,6041,016,6041,016,6041,016,604

50204515030

12

銷售費(fèi)用

SellingCost

1,016,604

100

1314

維修基金MaintenanceFund不可預(yù)見費(fèi)Contingencies

3,5582,542

1,016,6041,016,604

3525

15

總成本TotalCost

246,910

1,016,604

2,429

Total

USDmil

Sq.ft.

USD28.2121

表6美國(guó)城工程設(shè)項(xiàng)投資估表-A會(huì)展（單位人民幣萬元6Total-(Unit:RMByuan)技術(shù)經(jīng)濟(jì)指標(biāo)TechnologicalIndex序號(hào)S/N

項(xiàng)目和費(fèi)用名稱ItemsandFees

總額(萬元)TotalAmount(RMB10,000yuan)

單位Unit

工程量EngineeringWorkLoad

單位指標(biāo)（元）UnitIndex(RMByuan)

占總投資的比例Percentageintotalinvestment123

總圖工程（包括圖紙?jiān)O(shè)計(jì)）GeneralPlan720報(bào)建成本ApplicationforConstruction383總平及綠化工程SitePlanandVirescence720

8080

4

土地費(fèi)用(淨(jìng)用地)Landcost(Netusableland)4,500

畝

90

500,000

19.05%5

土地費(fèi)用(其他)LandCost(Others)

600

畝

24

250,000

6

建安工程Projects

Security

1,400

53.35%78

開辦費(fèi)用（包括水電氣等）Launchcost地方建設(shè)費(fèi)LocalConstructionFee

450180

5020

施工監(jiān)理及質(zhì)檢費(fèi)9SupervisionandQualityInspectionFee

405

451011

財(cái)務(wù)費(fèi)用FinancialCost管理費(fèi)用（包括人員管理工資等）AdministrationFee

1,350270

15030

12

銷售費(fèi)用

SellingCost

900

100

1314

維修基金MaintenanceFund不可預(yù)見費(fèi)Contingencies

31522