99,000 homes break ground in greater Seoul; gov't eyes 80 pct of annual target

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SEOUL, Oct. 16 (Yonhap) -- Construction has begun on about 99,000 homes in greater Seoul so far this year, less than 40 percent of the annual target, with the figure expected to reach only around 80 percent of the goal by year-end, the government said Friday.

The Ministry of Land, Infrastructure and Transport and the Office for Government Policy Coordination released an updated housing supply outlook amid growing concerns over rising home prices, and a tightening rental market in Seoul and surrounding areas.

Apartment complexes are under construction in Seoul on Oct. 11, 2026. (Yonhap)

The government earlier announced a broader housing supply plan to begin construction on more than 1.5 million homes in the 2026-30 period to address supply shortages and ease upward pressure on property prices.

For this year, the government has set a target of starting construction on 268,000 homes, including 62,000 public housing units.

As of the second week of October, construction had begun on approximately 99,000 homes, accounting for just 37 percent of the annual target, according to the ministry.

Despite the sluggish pace, the government projected that between 218,000 and 235,000 units would break ground by year-end, or about 81-88 percent of the target.

To accelerate supply, the government plans to step up public housing construction, purchase privately built homes for public use and expedite redevelopment projects in existing residential areas.

ejkim@yna.co.kr (END)

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99,000 homes break ground in greater Seoul; gov't eyes 80 pct of annual target

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首尔，10月16日（韩联社）——韩国政府周五表示，今年迄今为止，首尔大都会区已开工建设约9.9万套住房，不到年度目标的40%，预计到年底也只能达到目标的80%左右。

鉴于人们越来越担心首尔及周边地区房价上涨和租赁市场趋紧，国土交通部和政府政策协调室发布了最新的住房供应展望报告。

2026年10月11日，首尔的公寓楼正在建设中。（韩联社）

政府此前宣布了一项更广泛的住房供应计划，将在 2026 年至 2030 年期间开工建设超过 150 万套住房，以解决供应短缺问题并缓解房地产价格上涨的压力。

今年，政府设定了开工建设26.8万套住房的目标，其中包括6.2万套公共住房。

据该部称，截至 10 月第二周，已开工建设的房屋约有 99,000 套，仅占年度目标的 37%。

尽管进展缓慢，但政府预计到年底将有 218,000 至 235,000 套住房破土动工，约占目标的 81% 至 88%。

为加快供应，政府计划加大公共住房建设力度，购买私人建造的房屋供公众使用，并加快现有住宅区的重建项目。

ejkim@yna.co.kr (完)

（新闻快讯）首尔市长表示将继续推进住房供应计划

首尔市政府将长期住房供应不足归咎于前市长的政策。

政府计划公开出售119万套出租房屋，以应对房价压力。

首尔大都会区9.9万套住宅破土动工；政府力争完成年度目标的80%。