Many Property Management Companies in Mainland China Do Very Little, Often Just Muddling Through Day by Day

@刘掌柜深圳：Do property management companies handle water leaks? The answer is, except for public pipes, once the pipes enter your home, they generally do not intervene.

Do they have the ability to detect the source of a leak? Most lack both professional technicians and specialized equipment. The most common scenario is that property management introduces a technician, who often includes a hefty "referral fee" in the quote.

Property management fees in Shenzhen are above the national average. If you persist in asking, most will claim they aren't making money and are operating at a loss. In reality, management fees are only a portion of their income; there are various other ways they make money.

People often say Hong Kong properties are well-maintained, with many buildings still looking quite new after decades. This is built on the foundation of high property management fees and actual investment. The median property management fee in Hong Kong is 41 yuan per square meter, and it is rarely below 30. For an ordinary three-bedroom apartment, a monthly management fee of 3,000 to 5,000 yuan is considered normal.

Many property management companies in mainland China actually do very limited work; most of the time, they just muddle through day by day. That's just the reality.