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China's Top 50 Property Management Firms Added 61.6 Million Sq. Meters in July, China Index Academy Reports
China's top 50 property management service companies added a combined 61.57 million square meters of new contract area in July 2026, signaling sustained expansion among the industry's largest players, according to a report from the China Index Academy.
Top Firms Drive Expansion
The total new contract area for the top 50 firms averaged 1.23 million square meters for the month. The report highlighted that market leaders are rapidly increasing their scale.
Three companies in particular showed strong performance, each adding over 4 million square meters in new contract area:
- China Resources Mixc Lifestyle
- Shanghai Yongsheng Property Management Co., Ltd.
- Country Garden Services Holdings Company Limited
Third-Party Growth Shows Market Strength
AdThe China Index Academy's data primarily tracks third-party market expansion, which excludes projects awarded by affiliated parent developers. This metric is a key indicator of a firm's ability to compete in the open market. In July, the top 50 companies secured a total of 55.73 million square meters through third-party bids.
China Resources Mixc Lifestyle led in this category, securing 10.37 million square meters from third-party clients, followed by Shanghai Yongsheng Property Management with 5.6 million square meters. A clear gap exists between the top-tier firms and the rest of the market; the top 10 companies averaged 3.44 million square meters in third-party expansion, while firms ranked 11th to 30th averaged just 0.78 million square meters.
Urban Services Sector Sees New Wins
Beyond residential and commercial property management, leading firms also secured contracts in the urban services sector. Poly Property Services Co., Ltd. won a notable sanitation and cleaning project in Dongguan's Songshan Lake Ecological Park area, with the contract valued at 38.48 million yuan.
Other companies, including China Overseas Property Management, Gold Service Group, New Hope Property Services, and Country Garden Services, also reported new contracts in the urban services domain, according to the academy's monitoring of public bids.
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