Property enterprises, namely property management companies, are enterprise-type economic entities established in accordance with legal procedures, with corresponding qualifications and engaged in property management business, and are independent enterprise legal persons. It belongs to a service enterprise and has an equal subject relationship with the owners or users. Accept the entrustment of the owners, carry out professional management of the property in a specific area in accordance with the provisions of relevant laws and regulations or the provisions of the contract, and obtain corresponding remuneration. Property is a low-profit enterprise. Generally speaking, the profitability of residential property is around 10%. High-end residential areas can achieve 15%. Most apartments and villas can achieve 20-25%. Affordable housing is around 5%.
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