PropTech is injecting new vitality into the real estate sector. With China’s commitments to reach peak carbon emissions by 2030 and carbon neutrality by 2060, digitalisation, intelligent operations, and emissions reduction have become hot topics in the real estate and construction industry. Many property developers are optimising their management practices, improving business processes and identifying new business scenarios to enhance customer experience, save costs and increase revenue. PropTech is being applied across a wide range of real estate sub-sectors, from property design, construction and development, to investment, sales and operational management of real estate projects.  These technologies are also penetrating various aspects of the traditional real estate sector, including residential properties, industrial properties, commercial properties and apartment hotels.

KPMG is committed to support innovation and the development of local players through our annual China Leading PropTech 50 selection. As part of KPMG China’s signature “Future 50” ranking series, the 2021 China Leading PropTech 50 identifies leading and emerging enterprises in China’s burgeoning PropTech sector. This summary report translated from the original Chinese includes an overview of this year’s selected enterprises and the selection process, as well as KPMG’s analysis of eight key trends that are shaping China’s PropTech sector in 2022 and beyond.