Core Insights - The report from the China Index Academy highlights the expansion of the top 50 property service companies in China, with a total new contract area of approximately 54.9 million square meters in August 2025, averaging 1.1 million square meters per company [1][2]. Group 1: Top 50 Companies by New Contract Area - China Resources Vientiane Life Co., Ltd., Shanghai Yongsheng Property Management Co., Ltd., and Shimao Service Holdings Co., Ltd. are leading the expansion, each exceeding 5 million square meters in new contract area [1][2]. - The average new contract area for the top 50 companies is 1.1 million square meters, indicating a robust growth trend in the property service sector [1][2]. Group 2: Third-Party Market Expansion - The total third-party market expansion area for the top 50 property service companies reached 47.14 million square meters in August 2025, with an average of 940,000 square meters per company [6][7]. - Shanghai Yongsheng Property Management Co., Ltd. and China Resources Vientiane Life Co., Ltd. led the third-party market expansion with areas of 563,000 square meters and 557,000 square meters, respectively [6][7]. Group 3: Associated Area Analysis - The total area contracted from associated developers by the top 50 companies was approximately 9.86 million square meters, with an average of 200,000 square meters per company [12]. - Companies like Wuhan Urban Services Group Co., Ltd., China Overseas Property Management Co., Ltd., and Poly Property Services Co., Ltd. are expected to add over 700,000 square meters to their managed area due to support from parent companies [12]. Group 4: City Service Bidding - In August 2025, the top five companies in city service bidding included Shenzhen Jindi Property Management Co., Ltd. with a winning bid of 47.48 million yuan, followed by Shenzhen Xinghe Zhishan Life Co., Ltd. and China Overseas Property Management Co., Ltd. [13][14]. - The report notes significant wins in city service projects, particularly for Shenzhen Jindi Property Management Co., Ltd. in the public affairs center project in Pingshan District, Shenzhen [14].
中指研究：8月中国物业服务TOP50企业新增合约面积约5490万平方米 头部企业规模持续扩张