South Korea's construction cost index hit a record high of 133.28 in January, marking the fifth consecutive monthly peak since September, as experts warn that rising oil prices from U.S.-Iran tensions could further burden domestic builders already facing cost pressures with sales ratios exceeding 90%.
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[Iran Crisis Check] Construction Costs Hit Record High - 'Immediate Impact on Domestic Builders'
South Korea's construction cost index hit a record high of 133.28 in January, marking the fifth consecutive monthly peak since September, as experts warn that rising oil prices from U.S.-Iran tensions could further burden domestic builders already facing cost pressures with sales ratios exceeding 90%.