In April 2025, the top 50 Property Service companies in China added contract area of approximately 52.25 million square meters, with leading companies continuing to expand in scale; the average new contract area was 1.04 million square meters.
According to reports from the Zhitong Finance APP, data released by the China Index Property Research shows that in April 2025, the top 50 Property Service companies in China added contract area of approximately 52.25 million square meters, with leading companies continuing to expand in scale; the average new contract area was 1.04 million square meters. Among them, CHINA RES MIXC Co., Ltd., Shanghai Yongsheng Property Management Co., Ltd., and China Merchants Jin Yu Industry Operation Service Co., Ltd. rapidly expanded, with new contract areas exceeding 3.5 million square meters.
01. In April 2025, analysis of the third-party market expansion of Property Service companies.
In April 2025, the top 50 Property Service companies had a total third-party market expansion area of 38.22 million square meters, with an average of 0.76 million square meters. The top two companies were Shanghai Yongsheng Property Management Co., Ltd. and China Merchants Jin Yu Industry Operation Service Co., Ltd., with third-party market expansion areas of 4.5 million square meters and 3.18 million square meters respectively.
By tier, the average third-party market expansion area for the top 10 companies was 2.21 million square meters, while for the top 11 to top 30 companies, it was 0.64 million square meters.
02. In April 2025, analysis of the contracted area for related Property Service companies.
As China's "guaranteed delivery of buildings" work continues to progress steadily, the effects are becoming evident. The sales area of related parties of property service companies generally converts into the contracted area of those property service companies, thus forming endogenous scale increments. Based on the situation of the sales area of the new residential properties added by property companies in April 2025, the China Index Property Research analyzes the area situation undertaken by property service companies in relation to this.
In April 2025, the total area undertaken by the top 50 companies from related parties is approximately 16.86 million square meters. Among them, the average newly undertaken area of related parties managed by the top 50 companies reaches 0.34 million square meters, and the threshold for the area to be converted by the top 10 companies is 0.45 million square meters.
Taking on projects from brother companies is an important means for property management companies to expand their scale. Leading companies such as CHINA RES MIXC Co., Ltd., POLY PPT SER, and Wanwu Yunkong Technology Service Co., Ltd., with the support of their parent companies and related parties, will add more than 0.9 million square meters of managed area. Relying on the development of related real estate companies, the stability of the increase in the managed area of property service companies is effectively guaranteed.
03. In April 2025, the top 10 winners in urban services.
In April 2025, according to monitoring, Shen Ye Property Operation Group Co., Ltd. particularly stood out in winning the bid for the integrated sanitation service project in Dongmen Street, Luohu District, Shenzhen, with a bid amount of 26.6 million yuan. Shenzhen Jindi Property Management Co., Ltd., Hangzhou Binjiang Property Management Co., Ltd., and Greentown Property Service Group Co., Ltd. also achieved victories in the urban services sector.
