South Korean construction companies racked up 35 percent more domestic orders in October than a year earlier, aided by a continued recovery in the local property market, data showed Friday.

According to the data compiled by the Construction Association of Korea, local builders received 11.99 trillion won (US$10.3 billion) in October, which, however, represents a pullback from the previous month's record 20.41 trillion won worth of orders.

Of the orders tallied, they bagged 2.79 trillion won worth of orders from the public sector and 9.2 trillion won from the private sector.

Local builders have received a slew of plant orders from refiners and private power generators this year, and a boom in the housing market also helped jack up construction orders as well.

An association official predicted that this year's domestic orders may hit a record high on the back of increased public sector contracts as the government is enforcing its extra budget and pushing for social overhead capital spending. (Yonhap)