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1、RealEstateAppraisalReportProjectName:AppraisalReportofRealEstateofConsignor：Ms.Consignee：TianjinWandaRealEstateAppraisalCo・，Ltd.Appraiser：,CertifiedRealEstateAppraiserDateofAppraisal：FromAugust29th,2011toSeptember1st,2011FileNo.:TianjinWandaRaiEstateApprai
2、saI(2011)NoJ101232ContentLettertoconsignor3II.Statementofassessor4IILPretextandlimitationconditionofappraisal6IV.Appraisalreportofconclusion7VAnnexation11VI.TechnicalReportofappraisal(Onlyforfileandreviewbyauthorityinchargeof)14LettertoConsignorTo:Ms.ShenW
3、enUnderyourconsignment,we,inaccordancewiththeGB/T50291・1999CodeforRealEstateAppraisalofP.R.Candrelevantrulesandregulations,herebyvaluedthesubjectresidentialrealestateinsteelandconcretestructurewith116.91m2ofbuildingareaand5&4m2ofanareawithuserightofState-o
4、wnedland,locatedatNo.23-1-601,RuiwanGarden,NorthwestofIntersectionofChangjiangRoadandXiangyangRoad,NankaiDistrictwiththepurposeofconcludingtheopenmarketpricefortheconsignor'sreferenceasofthedatewhenweperformtheappraisal.Theobjectivevaluationisconductedbase
5、dontheeffectivevaluesasoftheappraisaldateAugust29th,2011.Followingstandardappraisalprocedureandprinciple,andaccordingtothepurposeofappraisal,weadoptedmarketcomparisonapproachandcarriedouton-sitehomeinspectionandmarketsurvey.Thereby,weconcludethattheopenmar
6、ketvalueofthesubjectpropertyasoftheappraisaldateisRMB2,017,700(RMB17,259persquaremeter),saidRMBYuanTWOMILLIONSEVENTEENTHOUSANDSEVENHUNDRED.TianjinWandaRealEstateAppraisalCo.,Ltd.LegalRepresentative(Seal)：HuangJishengSeptember1st,2011StatementofAppraiserWeh
7、erebysolemnlydeclarethat1.Thefactsstatedinourappraisalreportaregenuineandaccurate.2.Wedonothaveanybenefitrelationtotheappraisalobjectandneitherhaveanybenefitrelationandprejudicewithregardstotherelativeparties.3.AccordingtotheNationalStandardGB/T50291-1999C
8、odeforRealEstateAppraisal,wemadeouranalysis,remarkandconclusionandcompilethisappraisalreport.4.Theanalysis,remarksandconclusionmadeinourappraisalreportarebasedonourprofessionalandfairjudgment,butlimitedbythep
