Area guide

Korobosea

Port Moresby, NCD

14 homes are for sale here, too few of them priced for us to publish a typical figure.

Median asking price
Not published
Needs 30 priced listings; 14 here
 
Median asking rent
Not published
Needs 30 priced listings; 15 here
 
Price per m²
Not published
Needs 30 homes stating a floor area
 
Gross yield
Not published
Needs 30 priced listings on both sides
 

Where it sits

Korobosea against the other sangkats of Port Moresby

Every figure below is measured the same way, at the same moment, for all 26 of them. That is the only thing that makes a number like this mean anything.

Compared

Korobosea against the other sangkats of Port Moresby

Two counts cannot tell you which one to live in. Tap a heading to re-rank.

Korobosea1415
8 mile1213
Gerehu90
Touaguba Hill920
2 Mile88
9 Mile80
Boroko846K1,800
Town781K3,500
7 mile619
Ela Beach632K3,600
Gabutu60
Tokarara67
Gordons520
Hohola513
Konedobu58
Boroko East49
Other40
Malolo Estate30
Napa Napa30
Waigani315
5 mile019
6 Mile06
Gordons 507
Islander Village05
Koki05
Paga Hill012

A dash is not a zero. A median needs 30 priced listings behind it and a yield needs 30 on each side; 26 of these fall under that on at least one measure, so those figures are withheld rather than printed off a handful of homes.

Straight questions

The questions people ask about Korobosea

Answered from the listings themselves, and recomputed every morning.

What kind of property is for sale in Korobosea?

Mostly block of units, house, apartment. Of the 14 homes for sale, 8 are listed as block of units.

Living here

What Korobosea is actually like

Korobosea is a residential suburb in Port Moresby, situated between East Boroko, Kirakira Village, and the Two Mile Hill area. It benefits from its proximity to important health facilities, including Port Moresby General Hospital (PMGH) and Pacific International Hospital (PIH).

Originally, many properties in Korobosea were government-owned medium to high-cost covenant housing. These homes were later sold to tenants, mainly public servants, or transitioned to private ownership through various government schemes.

Korobosea International School, a private institution under the International Education Agency (IEA), provides quality education for grades 3 to 6. Its primary school, Boroko International School, is situated in Boroko and serves early learning through grade 2.

Korobosea is well-connected to East Boroko, Boroko’s commercial area, and Port Moresby’s CBD via a privately-run public transport system that travels through Two Mile Hill.

History

The suburb is named after Korobosea, a large village historically inhabited by the Motu-Koitabu people, the traditional landowners of Port Moresby. Situated on a hill overlooking Joyce Bay and Walter Bay, Korobosea was the first village established by this indigenous population.

Over time, some villagers moved from Korobosea to settle at the foot of the hill, forming what is now known as Kirakira. Mahuru village, located between Korobosea and Kirakira, emerged as an offshoot of Kirakira village.

Today, the descendants of the original settlers of Korobosea continue to reside at the site of the old village, with a growing population exceeding 1,000 residents.

Population

Residential

An increasing number of homeowners, who previously resided in government-owned medium to high-cost covenant housing, have reinvested in their properties and are now offering them for rent.

Korobosea’s close proximity to Port Moresby’s two major healthcare providers, along with its accessibility to the Boroko commercial district, makes it an attractive residential option for working-class Papua New Guineans seeking rental accommodations.

Schools

Korobosea is home to Korobosea International School, which is operated by the International Education Agency (IEA). Other schools nearby include Port Moresby Grammar School, Port Moresby International School (POMIS), Kilakila Secondary School (near Kirakira village), and Ted Diro Primary School, located at Murray Barracks.

Healthcare

In addition to the services provided by the Port Moresby General Hospital (PMGH) and Pacific International Hospital (PIH), Korobosea residents have access to several other healthcare facilities. These include Paradise Private Hospital, 2K Medical Centre and the University of Papua New Guinea (UPNG) School of Medicine and Health Sciences dental clinic.

The UPNG School of Medicine and Health Sciences, located adjacent to PMGH, plays a vital role in training the country’s future doctors.

 

Shopping

There are a few supermarkets in the area that provide the neccessities for residents of Korobosea and nearby suburbs however the Boroko shopping centres are only a 5 minute drive around the corner and offer sports, home and furniture, clothing and other items. The nearest large supermarket is Supa Value Stoa (SVS), located adjacent to PNG Motors and opposite Murray Barracks, the headquarters of the Papua New Guinea Defence Force. For smaller shopping needs, China Town in East Boroko offers additional options.

 

 

Every word above is already written, and already on the site.

From here

On the market in Korobosea right now

About eventhe sale and rental markets here are about the same size.
3 of 14homes for sale state a floor area, which is what makes a price per square metre a real division.

Straight answers

What these figures are, and what we will not print

Where these figures come from, and where they stop.

Asking, not sold

Every price here is what a seller or landlord advertises on this site today. Cambodia publishes no register of transaction prices, so nobody can honestly print what homes actually sold for.

Why there is no price chart

Our historical figures are not measured consistently enough to compare one year with another, so we would rather show no trend line than a misleading one.

Small samples are withheld

A median needs 30 priced listings behind it, and a yield needs 30 on each side. Below that the figure is a dash. A dash is an admission; a number would be a claim.

Per square metre is computed

Price divided by floor area, every time, over the homes that state one. The per-square-metre figure agents type into the listing form is never used here.

These counts match the search

Every count is what the search results page returns for the same area, because it is the same query.

Written by people

The sections under "Living here" were researched, written and photographed for this site. Nothing on this page is generated prose.