China Index Research: In August, China's top 50 property service companies added a contract area of about 54.9 million square meters, and the scale of leading enterprises continued to expand

The Zhitong Finance App learned that the China Index Research Institute announced the top 50 new contract areas for Chinese property service companies in August 2025. In August 2025, TOP50 companies added about 54.9 million square meters of contract area, and the scale of leading companies continued to expand; the average new contract area was 1.1 million square meters. Among them, China Resources Vientiane Life Co., Ltd., Shanghai Yongsheng Property Management Co., Ltd., and Shimao Service Holdings Co., Ltd. expanded rapidly, adding more than 5 million square meters of contract area.

01. Third-party market expansion analysis of property service enterprises in August 2025

In August 2025, the total third-party market expansion area of TOP50 property service companies was 47.14 million square meters, with an average value of 940,000 square meters. Among them, the top two companies are Shanghai Yongsheng Property Management Co., Ltd. and China Resources Vientiane Life Co., Ltd., with third-party market expansion areas of 5.63 million square meters and 5.57 million square meters respectively.

In terms of hierarchy, the average third-party market expansion area of TOP10 companies is 3.01 million square meters, and the average third-party market expansion area of TOP11 to TOP30 companies is 620,000 square meters.

02.Volume analysis of property service enterprises undertaking related aspects in August 2025

As China's “security and handover” work continues to advance steadily, the results are showing. The sales area of related parties of a property service enterprise is generally converted into the contract area of the property service enterprise, thus forming an endogenous increase in scale. Based on the sales area of commercial housing added by property companies to undertake related development enterprises in August 2025, the China Index Property Research analyzes the volume situation of property service companies undertaking related areas.

In August 2025, TOP50 companies undertook a total of about 9.86 million square meters in related areas. Among them, the average management area of the TOP50 enterprises added to the relevant parties reached 200,000 square meters, and the threshold value of the TOP10 enterprise area to be converted was 280,000 square meters.

Undertaking projects from brother companies is an important means of expanding the scale of property management companies. Some companies, such as Wuhan City Service Group Co., Ltd., Zhonghai Property Management Co., Ltd., and Poly Property Service Co., Ltd. will add more than 700,000 square meters of management area with the support of parent companies and related parties. Relying on the development of related housing enterprises, the stability of the growth in the management area of property service enterprises is strongly guaranteed.

03.In August 2025, urban services won the top 5 bids

In August 2025, according to monitoring, Shenzhen Jindi Property Management Co., Ltd. won the bid for the Pingshan Street Public Affairs Center project in Pingshan District, Shenzhen, with a bid amount of 47.48 million yuan. Companies such as Shenzhen Xinghe Zhishan Life Co., Ltd., Zhonghai Property Management Co., Ltd., and Hainan Property Management Group Co., Ltd. all made gains in the field of urban services.