The combined amount of real estate-related loans in South Korea has reached nearly one-thousand-700 trillion won. 

A Bank of Korea report submitted to the National Assembly on Thursday showed local households collectively owed one-thousand-two trillion won in mortgage and other property-related loan debts as of March, while companies took out 667 trillion won in such loans. 

The total marks a seven-point-seven percent increase from a year earlier with the amount of household loans and corporate loans rising four-point-three percent and 13-point-nine percent, respectively. 

The percentage of corporate loans out of the total increased to 40 percent from 33-point-nine percent at the end of 2013.