Guides
Home Loans & Insurance
Different Types Of Mortgages And How They Work
July 30, 2020, 11 a.m.
A home loan is an agreement by which a borrower can use a property as collateral in securing a mortgage. By and large, this term commonly refers to home loans.
What entails this proc…
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PNG's first ever home loan show
Aug. 7, 2018, 4:40 p.m.
So you have identified what property you want to purchase or you have plans for your existing property to make it more livable and/or profitable and you are itching to get your project going but you …
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Protect your home: Get home insurance
June 20, 2018, 6:48 p.m.
Esther and Thomas were excited, this was the day that they had been saving up for years! Their three children were laughing loudly, overjoyed at the thought of having their own rooms at last! Yesterd…
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How to ensure a quality home purchase in Papua New Guinea
Feb. 5, 2018, 10:52 a.m.
When you buy a home, you naturally will want it to last. Given how much a home in PNG can cost you (47,521.33 K per square metre, according to Numbeo), purchasing an apartment in Port Moresby is a si…
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Tips for First Home Buyers and Their Loan Options
Dec. 12, 2017, 1:50 p.m.
If I was considering buying a house with a Home Loan, what should I do?
There is always a first time for everything. Buying a house for the first time can be challenging, as the proc…
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Why should you ensure that you're Insured?
Dec. 12, 2017, 1:50 p.m.
One of the most positive aspects of the Papua New Guinea economy is the growth of the real estate sector. With the recent emergence of real estate as a valuable asset for locals, ma…
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BSP Reduces Home Loan Interest Rates
Dec. 12, 2017, 1:48 p.m.
Port Moresby, 31st May, 2017 | Bank South Pacific (BSP) has reduced its standard Housing Loan Rates by 1% from 8.45% pa to 7.45% pa. The interest rate for the Housing Loan products will be eff…
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First Home Ownership Scheme: A Catalyst for Growth
Dec. 12, 2017, 1:48 p.m.
Real estate has been one of the main focuses of the Papua New Guinean government, both to offset homelessness brought about by poverty and to improve the economic growth. Many projects have been done…
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Trans Pacific Assurance Ltd to Provide Superior Insurance Services
Dec. 12, 2017, 1:48 p.m.
Recently fire damage has caused huge losses for property owners. Houses have been lost, businesses have ceased operating and motor vehicles destroyed. The health of those effected has suffered and of…
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