On August 4, China Index Research released the "TOP50 Chinese Property Service Companies by New Contract Area Added in July 2025," "TOP50 Chinese Property Service Companies by Third-Party Market Development in July 2025," and "TOP50 Chinese Property Service Companies by Affiliated Party Area Undertaking in July 2025."

In July 2025, TOP50 companies added approximately 50.48 million square meters of new contract area, with leading companies continuing their scale expansion. The average new contract area was 1.01 million square meters. Among them, SHIMAO SERVICES, Shanghai Yongsheng Property Management Co., Ltd., and China Merchants Shekou Industrial Zone Holdings Co., Ltd. expanded rapidly, with new contract areas exceeding 3.3 million square meters.

**01 Analysis of Property Service Companies' Third-Party Market Development in July 2025**

In July 2025, the TOP50 property service companies' third-party market development area totaled 42.56 million square meters, with an average of 850,000 square meters. The top two companies were SHIMAO SERVICES and Shanghai Yongsheng Property Management Co., Ltd., with third-party market development areas of 4.11 million square meters and 3.38 million square meters respectively.

From a tier perspective, the average third-party market development area for TOP10 companies was 2.36 million square meters, while TOP11 to TOP30 companies averaged 760,000 square meters.

**02 Analysis of Property Service Companies' Affiliated Party Area Undertaking in July 2025**

With China's "building delivery guarantee" work continuing to advance steadily, results are becoming apparent. The sales area of property service companies' affiliated parties generally converts to contract area for these property service companies, forming endogenous scale increment.

Based on the new commercial housing sales area added by affiliated development companies of property enterprises in July 2025, China Index Research analyzed the situation of property service companies undertaking affiliated party areas.

In July 2025, TOP50 companies undertook a total of approximately 9.63 million square meters of affiliated party areas. The average new affiliated party management area for TOP50 companies reached 190,000 square meters, with the threshold value for TOP10 companies' areas to be converted at 280,000 square meters.

Undertaking brother company projects is an important means for property management companies to expand their scale. Leading companies such as Wuhan Urban Service Group Co., Ltd., Poly Property Services Co., Ltd., and Vanke Cloud Space Technology Service Co., Ltd. will add more than 800,000 square meters of management area with support from their parent companies and affiliated parties.

Relying on the development of affiliated real estate companies, the stability of property service companies' management area growth is strongly guaranteed.

**03 Urban Services Bidding TOP10 in July 2025**

In July 2025, according to monitoring, Shenzhen Gemdale Property Management Co., Ltd.'s successful bid for the Shenzhen Nanshan District Nantou Street Office project was particularly outstanding, with a bid amount of 64.45 million yuan. Greentown Property Service Group Co., Ltd., Guangdong Hongde Technology Property Co., Ltd., Shenzhen Galaxy Smart Life Co., Ltd., and Poly Property Services Co., Ltd. also achieved success in the urban services sector.