China Index Research Institute: In August, China's top 50 property service companies added a contract area of about 51.17 million square meters, and the scale of leading enterprises continued to expand

The Zhitong Finance App learned that on September 3, the China Index Research Institute announced the top 50 new contract areas for Chinese property service companies in August 2026. In August 2026, China's top 50 property service companies added about 51.17 million square meters of contract area, and the scale of leading companies continued to expand; the average new contract area was 1.02 million square meters. Among them, China Resources Vientiane Life, Shanghai Yongsheng Property Management Co., Ltd., and Country Garden Life Service Group Co., Ltd. expanded rapidly, adding more than 3.5 million square meters of contract area.

Third-party market expansion analysis of property service enterprises in August 2026

In August 2026, the total third-party market expansion area of TOP50 property service companies was 46.94 million square meters, with an average value of 939,000 square meters. Among them, the top two companies are China Resources Vientiane Life and Shanghai Yongsheng Property Management Co., Ltd., with third-party market expansion areas of 7.86 million square meters and 7.19 million square meters respectively.

In terms of hierarchy, the average third-party market expansion area of TOP10 companies is 2.93 million square meters, and the average third-party market expansion area of TOP11 to TOP30 companies is 640,000 square meters.

Top 5 city services bid in August 2026

In August 2026, Greentown Property Service Group Co., Ltd. won the bid for Hangzhou Liangzhu Street Public Kindergarten (Gouzhuang, Xitang Yayuan, Xiang Yang, Du Fu) for the September 2026-August 2028 property management service project, with a bid amount of 17.16 million yuan. Guangdong Hongde Technology Property Co., Ltd., Country Garden Life Service Group Co., Ltd., Shanghai Yongsheng Property Management Co., Ltd., and China Construction Yipin Property Operation Co., Ltd. have made achievements in the field of urban services.