This research is to explore the physical properties of recycled polyester chips and recycled polyester fibers from different types of polyester fabrics. Firstly, the polyester cloth must be made into recycled polyester chips, and then blended with virgin polyester chips and melt spinning to obtain recycled polyester fibers. Different types of polyester fabrics have direct impacts on the physical properties of recycled polyester chips (such as intrinsic viscosity (I.V) and dynamic viscosity), and the physical properties will finally affect the spinning process ability and mechanical properties of fibers. In the research, it was found that the recycled polyester chips and fibers made from white gray cloth and white cloth have good physical and mechanical properties; among them, the fiber strength can be more than or equal to 4g/d and is close to that of ordinary virgin polyester fibers.