South Korea - Building Permits
South Korea: Building Permits
| Mnemonic | HPMT.IKOR | |
|---|---|---|
| Unit | Ths. m² | |
| Annual | 89542.96 % | |
| Data | 2019 | 144,292,891 |
| 2018 | 160,964 | |
Series Information
| Source | Statistics Korea |
| Release | Building Permits |
| Frequency | Annual |
| Start Date | 12/31/1999 |
| End Date | 12/31/2019 |
South Korea: Real Estate
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Vacancy | Aug 2020 | 28,831 | 28,883 | #, NSA | Monthly |
| Building Permits | 2019 | 144,292,891 | 160,964 | Ths. m² | Annual |
| Residential Building Permits | 2019 | 46,241,856 | 57,325 | Ths. m² | Annual |
Release Information
Construction permits; for South Korea, cities and provinces; detailed by use and material; monthly and annual from 1999.
Data on permits issued and new orders are collected at all administrative levels by local government officers from registered documents. Building application and permission documents for wards, towns or counties are reported to the administration of the corresponding city or province. Cities or provinces then process and forward data, including their own building permissions, to the Ministry of Construction and Transportation.
For permits, the count is of structures. A structure may contain multiple dwelling units; multiple structures may be authorized by one permit.
