Recent Articles

Introducing the 2018 Hausples Lae Show
Introducing the 2018 Hausples Lae Show
June 15, 2022, 1:58 a.m.
News
Events & Announcements
Are you based in Momase, or the Highlands or Islands region and are in the process of building, renovating or purchasing your dream property?Have you got questions that you want an expert to answer? Picture a room with experts that can answer your technical, financial and practical questions in more accessible Lae City. The 2018 Hausples Lae Show will be that and more for you!Traditionally the focus of the property industry centers around the nation’s capital, however, Lae is undoubtedly the commercial and industrial hub of PNG and Hausples is eager to increase its presence throughout the provinces. The Hausples.com.pg Lae show will be hosted at the Sir Ignatius Kilage Stadium on Friday the 2nd and Saturday the 3rd of November, from 10am to 4pm. Sir Ignatius Kilage Stadium from the Lae Yacht Club | Source: RainyLaeThe Lae Show is set to be as spectacular an event as its precursors in Port Moresby which were deemed a huge success by over 10,000 Papua New Guineans and expatriates who visited the shows; the same sentiments were shared by the 80 plus booth holders that showcased their products and services in the previous shows.What to expect as a visitor?The show provides the perfect opportunity to meet all of the stakeholders in the property industry under one roof and walk out armed with ALL of the information you need to buy, rent, renovate etc a property. In fact this is the ONLY place where you will have free access to relevant, accurate information and make comparisons on prices and options available in PNG - under one roof!You can also expect to listen to practical advice from industry experts and witness interactive displays, receive brochures/pamphlets and of course the chance to talk face to face with a representative from a leading firm. Do not miss out! Click Here to register to attend.What to expect as exhibitor?The opportunities are endless! Make contact with your target audience the home buyers and make an impact; get provisional contracts signed; build your network - all in only two days in secure and convenient location!The show held in June provided finance and insurance providers, property developers, home builders and real estate agencies infinite traffic from individuals and corporate clients. These companies greatly increased the visibility of their products and services with 78% of the total attendees making inquiries leading to more business. Several agencies experienced client walk-ins  that resulted in provisional agreements signed! The Hausples Lae show will provide an avenue for you in the industry with business headquarters in the Momase, Highlands and Niugini Islands region to solidify your position and showcase your product and services as imaginatively as you dare - in the faces of THOUSANDS of home and investment searchers. Make it your mission to have a huge presence at the Lae Show and make your mark in PNG real estate industry!Take advantage of this opportunity Register Here as an exhibitor or you can Register Here as an attendee to attend the Hausples.com.pg Lae Show.
PNG's first ever home loan show
PNG's first ever home loan show
June 15, 2022, 1:58 a.m.
News
Home Loans & Insurance
Events & Announcements
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 are not sure what your options are in terms of financing? Perhaps you already have a floor plan, or you already own property and have been planning to meet with a loans officer at your bank to see what options are available? Is your biggest challenge your hectic schedule with work, getting offspring to daily activities, shopping and attending to those endless family obligations?If this has been your set-back to getting your dream home financed - Hausples.com.pg has the perfect opportunity for you!  Envision yourself surrounded by representatives, brochures and audio visual presentations from the prime banks in PNG - in air conditioned elegance that only the Stanley Hotel can offer.Hausples presents to you the first ever PNG Home Loan Show! An exclusive ONE DAY only, seminar-based event that will be hosted at the prestigious Stanley Hotel & Suites in October 2018.Do not miss this unique opportunity to talk to the most reputable banks in one room to find out what options you have available for you to finance your dream home, or your prized development and get provisionally approved loans on the same day.This event is an exclusive invitation only event so it is vital that you Register your interest Here. You can also  Subscribe to our Newsletter for further information on events and to find what rental and purchase prospects are available on Hausples.com.pg.
How to get your property noticed
How to get your property noticed
June 15, 2022, 1:58 a.m.
News
Advice
Many of us take out a loan, invest a significant amount of time and money to getting our property perfect for making a solid income. We know that once the loan is paid off by the monthly rentals, the income that the property generates will be the ticket to larger projects and bigger balances. The majority of property owners seek the services of a reputable real estate agency to sell their property, others will seek out potential tenants through their private networks and thousands more will decide to market their property on hausples.com.pg.The common thought is - that to sell a property you simply take clear pictures of the yard, the living room, kitchen, bathroom, toilet and advertise the features and the cost per week or month. Sometimes listings are there for months without a concrete lead and the vacancy continues for digging a bigger hole in your pocket repaying that loan.To avoid a prolonged vacancy period and to get that price you desire, you must make your property not only as attractive as possible but there is certain information that tenants want to see straight away to convince them that your property is the best value for their money. Here are 5 tips to making sure you get your property noticed as soon as you list.1. Pictures SellThere are many things that you could say about your property to make it sound like the dream house or unit but if you don’t have the pictures to show people what you’re boasting about - you are wasting your words and time. You should have at least 10 clear, high resolution images of your property showing the bathroom/s, kitchen and living area, the rooms, any featured room (eg. Laundry area, study or library, entertainment room etc), the properties best front and back yard views. Images should be less than 150kb so that they don’t load too slowly on our PNG networks. 2. Details matterOne thing that makes searching for an ideal place to buy or rent more frustrating is when you only have half of the information you need in order to make your decision! To make your property stand out - give as much information as possible about it. In your description you should ensure that all spelling and grammar is correct, then you must make clear:a) The layout of the property (square meters, number of rooms, bathrooms, toilets etc)b) Name of the suburb and street the property is located on - Hausples offers a google map that you can pinpoint your property on.c) Describe all amenities (fully furnished with white and brown goods, backup electricity & water, aircon, pool, bbq area, gym, tennis court, bar etc), names of nearby schools or shops or any other feature that makes the area enticingd) Clearly describe any recent improvementse) If you have recently renovated the bathroom or have had the kitchen retiled etc it is eye catching to have this mentioned along with a photograph 3. Describe security statusPeople that are new to the area and especially expatriates want to know how safe the neighborhood is, make sure that state what security features you provide on your property, what security features are in the vicinity of the property and generally describe the neighbourhood clearly.4. State the costs clearlyAt Hausples we display rentals at per week price, to make sure you get the quality of tenants you want you should list the weekly rental, the bond required and how much (if any) is refundable. If there are any other further costs let your potential tenants know when they inquire.5. Make rules clearTo avoid any issues between you and your tenant it is really good to make clear any restrictions you put on your property. If you do not allow alcohol or pets or in the PNG context betelnut - make sure potential tenants are aware from the startThe above tips will help you get your property noticed and bring in more inquiries so you will get that tenant renting at the price you want or that buyer purchasing at the price you desire. It is also extremely vital that you protect your investment and have your property and its contents valued by a registered valuer and insured by a quality insurance firm. If you would like to make queries on getting your rental property and its contents insured you can Click Here to get in touch with Trans Pacific Assurance Limited.For more tips on how to market your property or to find out what is on the market currently, you can Subscribe to our Newsletter Here or email [email protected]
The perks of living at Rainbow Heights
The perks of living at Rainbow Heights
June 15, 2022, 1:59 a.m.
Advice
Housing Projects
Pictured above Rainbow Heights systematically laid out streets. Expanding your network in order to further your career is made easier if you are located close to the headquarters of as many organizations as possible.This makes downtown Port Moresby one of the most sought after work locations in Papua New Guinea especially for those that are in their early 20s to mid 40s. This age group is also most likely to be in the process of searching, purchasing and establishing their own family home. This process is another challenge when one is in the nation's capital, where there are many options, many prices and some risks.Currently the trend being witnessed in Pom City is a steady decrease in rental prices and an increase at the same rate in purchase prices. If the same trend continues then a perfect time to purchase and make a sound investment in property is right now! There is a huge variety of house types, compounds, developments and land for sale in Port Moresby but one has to be careful when choosing to spend hard earned money. You don’t want to spend on a property that will deteriorate fast, that has many plumbing and electrical issues - this will only result in making a larger hole in your bank account with a new repair job every month or so. You also don’t want to be purchasing a property only to have to worry about the safety of your property, other assests and the occupants. If you want a house in a safe, reliable, easy to access location, that has back up water and electricity and with security provided; then Rainbow Heights Bungalows will be perfect for you!Pictured above Rainbow HeightsRainbow Heights Bungalows are located along the recently sealed Sivari Road in the newest part of Gerehu. This road makes downtown Port Moresby and the CBD an easy 10 minute daily commute via Baruni Road. There are a number of churches, a radio station, three commercial complexes and several businesses located along this stretch of road creating a network of security stops that were not there five years ago.Pictured above Rainbow Heights showing back up water and electrcity.The gated compound has 43 elegant, two storey, four bedroom houses. The houses have 725 sqm yards, providing adequate space for kids to play or for those hard to avoid family gatherings, offer three bathrooms including an ensuite in the master bedroom. The backup electricity and water, 24/7 security, a reinforced fence and security lights that keep the streets well lit make the K1,200,000  Rainbow Heights properties an attractive price for an extremely attractive location to put down roots and raise a family.If you would like to see other residential property for sale within Gerehu click Here or if you would like to see what property is available for sale in PNG click Here. For a monthly newsletter subscription to find other attractive investment opportunities you can click Here or you can email [email protected].
Koki Bay City
Investment opportunities in Papua New Guinea at Koki Bay City
June 16, 2022, 5:28 a.m.
News
Advice
Finding a sound investment opportunity can be like finding a needle in a haystack, especially if you have only a vague idea of where the haystack is located; of course if one had a magnet, this would solve the problem in mere seconds.Today let Hausples be that magnet for you. There is an investment opportunity that would be perfect for you that is looking to set up your business’s office, showroom or retail outlet in a strategic area in Papua New Guinea. This area always has a ridiculous amount of foot traffic, is less than 5 minutes drive from the capital city's CBD, is also five minutes drive from ALL the commercial banks that operate in PNG and this investment property is located on the shoulder of an arterial road making suburb hopping a piece of cake.Koki has always been a bustling area in Port Moresby. Since the early 70s it has had a busy waterfront with locals and expatriates congregating the area because of the quality vegetable, fruit and seafood market. Today Koki boasts Port Moresby’s only seafood and fish market, an outlet of PNG’s most popular chicken and chips chain, several government and non-governmental organizations offices, service stations, banks, a police station and many monuments that add an aesthetic allure to the seaside drive. Koki is also a major shopping hub because it provides a last shop-stop in town for many Motuan villagers. Pictured above is Port Moresby's only fresh seafood market Koki Fish Market | Source: JolygramWhich brings us to Koki Bay City. Port Moresby’s latest investment opportunity. Pictured below is the property with units that are up for rent at K20,000+GST per month (AUD$6,918.00)  or purchase for K2,250,000 (AUD$778,275.00). Koki Bay City is in an ideal location along the Hubert Murray Highway which flows into the Poreporena Freeway making it easy for one to get in and out to another suburb in minutes. There is extensive security, with 24 hours security services provided along with security windows and the compound is securely fenced. The 300sqm units are split over two levels, they come equipped with their own kitchen and bathroom facilities including steady air conditioning. The Koki Bay City compound provides ample and secure parking for tenants and customers alike and of course to ensure the smooth flow of business, back up electricity and water is provided. Koki Bay City - ideal location, ideal set up and perfect investment opportunity.If you would like to more information on Koki Bay City or other investment opportunities in PNG, you can Subscribe to our monthly newsletter or you can email [email protected]. If you would like to see what properties there are for residential purposes in this same area you can click Here.
An explanation of the residential property types in PNG
An explanation of the residential property types in PNG
June 16, 2022, 5:30 a.m.
Advice
Housing Projects
Solwara ApartmentsApartment, flat, condo, bungalow, townhouse, duplex, bedsitter, serviced apartment, terrace, compound, gated community - there are many terms and classifications for property types worldwide. Many times you hear people describing their home using one of those phrases. The term a person uses to describe a particular property varies, most times this depends on where they are originally from. While this can be made clear during a conversation the same cannot be said if one is searching for a particular type of property or listing their property online.We will try to make this less confusing for you that is searching for a property in Papua New Guinea (PNG). Hausples.com.pg offers over 3,000 listings that you can filter and search; for a particular property type, in a particular location and with a particular budget.On Hausples, we have categorized real estate into two main types: Residential and Commercial.Industrial and land for commercial purposes are included in the commercial property types along with offices, retail, warehouses and hotel or tourism. In PNG most commercial properties come with back electricity, water and security. You can have a look at the 1200+ commercial properties we have available by clicking Here.Residential Property TypesWe have 7 residential types of property that we will explain in greater detail. Residential property types seem to raise more questions especially for expatriates looking for investment or short and long term stay options. Most property whether residential or commercial offer security services with back up water and electricity.1. Bedsit or roomA bedsit or a room is self explanatory. It is a room that can either be self contained or have shared bathroom and kitchen facilities. In PNG most bedsitters or rooms are available either as part of a house or as part of a building. If the room is available in a building the landlord most likely will restrict to either female only or male only occupants with high security provided if it’s a female only building. Previously most single rooms or bedsitters were made for the low end market but recently more single room type accomodation for the high end market have been created, these offer attractive, fully furnished with all gadgets that a modern home would desire (aircon, dishwasher, flatscreen, microwave, dryer, washing machine etc), secure rooms for expatriates who are on short term contracts here in PNG. Rental prices of rooms/bedsitters range from K190 (AUD$)to K16,500 ( (AUD$5,661.15). You can click Here to see the rooms available in PNG.2. ApartmentThe Americans call them ‘apartments’, the British call them ‘flats’ and Australians call them ‘units’. A subdivision of a bigger building, something that is self contained and has its own bathroom, kitchen and two or more rooms and all on one floor, is what we classify as an apartment here in PNG. Apartments are the most popular property type for expatriate rental in PNG because of the convenience and security they provide. Prices depend on location and rental prices range from K550 (AUD$188.71) to K10,000 (AUD$3431.00) per week. Most apartments in PNG come with security and backup water and electricity. Click Here to see the range of apartments available in PNG.Inside an apartment at Downtown Port Moresby | Source: Hausples3. Serviced apartmentNow ‘serviced apartment’ are apartments that cater for the higher end market and usually have one or all of the following services offered as well: fully furnished, all white, brown goods provided, security alarms, access to maintenance services (electrician, plumber, etc), access to a pool, gym and/or other recreational facilities, airport shuttles, access to wifi. Rental prices of serviced apartments range from K1,600 (AUD$548.96) to  K15,000 (AUD$5,146.50) per week. There are many serviced apartments on offer in various locations, to see the range of serviced apartments available on Hausples.com.pg you can click Here.Windward East Apartments | Source: Hausples4. TownhouseA townhouse is one property type that causes some confusion. What Americans, Australians and Papua New Guineans call a townhouse is what the British call a terrace. Townhouses are usually houses with more one floor,  that offer the privacy of their own front and back yard, are built next to each other and may share common facilities like a pool and recreational facilities. Townhouses in PNG also offer security, backup water and power and may also offer services as with serviced apartments. Rental prices range from K1,300 (AUD$446.03) to K10,000 per week (AUD$3431.00), to see the range available you can click Here.Townhouse at Gordons Port Moresby | Source: Hausples5. DuplexSo what is the difference between a townhouse and a duplex you may ask? A duplex has commonly only two units attached to each other, that offer the privacy of a front and back yard, some may offer shared facilities like a pool. In PNG duplexes also offer security and may offer back up water and power. Rental prices range from k600 (AUD$205.86) to K6000 (AUD$2058.60) Click Here to see what duplexes are available on Hausples.Duplex at Port Moresby | Source: Hausples6. HouseThere are many house types in PNG but the most common houses are built on high stilts with a large verandah, are fenced and commonly have three bedrooms including one with an ensuite bathroom, two parking spaces, car parking space for two vehicles is usually under the house. A typical PNG style house is shown below. You can click Here to see the houses available for rent, with prices range from K650 (AUD$223) to K6,500 (AUD$2,230.15) per week.LandWe have mentioned land in both residential and commercial categories however to rent or purchase land there are various steps that one must to take diligently in order to mitigate legal and in extreme cases security issues. Land is an extremely sensitive topic to Papua New Guineans and there are currently several court cases that could have been avoided if advice had been given correctly. You can click Here to read an article explaining Land Titles in PNG. You can also  get information from various agencies and we have a range of agencies available which you can click Here to get contact details to discuss land purchase or rental. Prices vary greatly and you can be looking at prices as low as K1 for 1M² to K100 per 1M² .  If you are looking to purchase land in PNG you can click Here. If you would like to receive updates on residential or commercial property types available in PNG, or if you would like to find out other real estate relevant information including land purchasing and land titles information you can Subscribe to our newsletter or email [email protected].
Property
What is property valuation and why is it important?
June 16, 2022, 5:31 a.m.
News
Advice
The Papua New Guinea real estate industry is currently experiencing exponential growth, there are developments being completed every month throughout the country. The 2015 Pacific Games, along with the building stage of the Liquified Natural Gas Project and this years hosting the Asia Pacific Economic Cooperation meetings have helped to drive this growth. It doesn’t matter if you’re in the Highlands or the Niugini Islands, the Momase or the Southern region - everywhere you go, there are new building complexes, new residential developments, new hotels, airports and roads are being constructed in every region.This is an opportune time to invest in real estate. Whether you are in the process of selling, or renting out your property, it is vital to have an understanding of the value of your property in order to get it priced correctly for the market. A property that is overpriced will take a long time to sell and in the real estate world the first month is the most vital for getting your property sold, there are scenarios where a property is priced too high in the beginning and the owner ends up selling for less than the true value of the property. This why it is vital to get your property valued accurately and by the correct people. Below is brief description of what and who is involved in the valuation process.What is property valuation?Property valuation is basically a rough calculation of how much a property will sell for (this is called capital value) or can be rented out for (this is called market value) at a given time. This value also may include land and/or buildings in that given location.A number of factors influence this calculation like: location of the property, materials used, how old the property is (the wear and tear), the size and layout of the rooms and any added features of the property can add or subtract from the value of a property. At the time of valuation it is also important to remember that trivial things like how tidy your property is can also affect the value. If you are thinking of having your property valued it is advisable to tidy it up and make everything from the yard, the rooms, everything should look the best it can.What is involved in property valuation?The Valuations ActIn Papua New Guinea the Valuations Act (Chapter 327) governs all the processes and persons involved in valuations. The Office of the Valuer GeneralAlong Waigani Drive, in Eda Tano Haus, is the Department of Lands and Physical Planning and which has a division called the Office of the Valuer General. This division oversees all valuations, registration of valuers, payments to register valuations, land taxes and conflicts to do with valuations. Source: ETS ArchitectsThe Valuation RollThe valuation roll is a legal document that consists of property information of all rateable properties within the boundaries of a local level government in PNG. This roll is meant to be updated every 5 years in order for city authorities to be able to update land taxes, to plan future tariffs and provide access to sanitation and safe water.Registered ValuersIn order to get your property valued accurately and have that value recognized by all institutions you must make certain you get your property valued by a certified valuer. Many real estate agencies on Hausples.com are able to provide a registered valuer, you can click Here to see a full list. Financial institutions also conduct valuations and there are professional valuation agents in the country.What is the process involved for property valuation?For example Elaine would like to sell her house which comes with the land that it is built upon, so she requests for her property to be valued. This is classified as a private valuation.Elaine makes a deposit of the valuation fee as discussed and agreed upon with the agent or agency that she is engaging to value her property.The valuer inspects her property.The valuer checks sales data collections, combines it with market research and provides an analysis.The valuer makes a compilation of a valuation certificate and a report, altogether providing a document that at most times is from 4 to 10 pages long. It is printed, bound and signed.How long does it take to get a valuation done?Depending on the data available, the size of the property and if all necessary paperwork is available the valuation can take from a working week up to two working weeks.What is the cost of a valuation?The fees will depend on who is conducting the valuation and the scale of the project. It also must be noted that cost of valuation is always proportionate to the value of the property. The larger and more expensive the property, the greater the cost of the valuation will be. You should make it your business to request for a proposal with a description of services to be provided and the estimate costs involved. To enlist the services of the Office of the Valuer General the costs are as below.Why should I get my property valued?There are four main purposes for an accurate and registered valuation:When you want to sell property to be able to set your price so that it is competitive with current market prices and not too high or too low.When you want to purchase property you will require a valuation in order for you to make an informed decision and also for your bank to make a decision on a loan if you are requesting for one to purchase.When you want to use your property as equity to get a large loan for other purposes.When you want to get your property insured, the insurance firm will want to know the value of your property from a certified valuer.In other finance and accounting circumstances where you will need to have a complete value of everything you own it is also adivsable to get a property valuation.If you would like more information on valuations, land titles and property for rent or sale throughout Papua New Guinea, subscribe to our weekly newsletter Here or you can email [email protected].
Home Insurance
Protect your home: Get home insurance
June 16, 2022, 5:32 a.m.
Home Loans & Insurance
Advice
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! Yesterday the family had been given the keys to their new home, today they would be moving their belongings from the 2 bedroom flat they’d been renting for the last 8 years into their new 4 bedroom house.They had taken out a large loan with a bank and the home was mortgaged to them for many years and insurance was taken out in conjunction with the loan.Esther would finally have her dream kitchen. The electric stove with the 6 hotplates and fan oven, a fridge and her prized washing machine. Her husband Thomas was just as excited about the expansion of his communications business. The space downstairs next to the laundry had been lovingly converted into a studio; with a mixer and a computer equipped with all that he’d need for audio, video and image editing.Source: Hausples.com.pgThe family eagerly carried, heaved, dragged and pushed their belongings into their dream home - the beginning of happy times in their new home.Or at least it was meant to be. You see Esther and Thomas had NOT anticipated a fire would hit just months after moving into their new home! Esther and Thomas looked helplessly on, not only was their house badly damaged but Thomas’s business prospects had been cut short by the fire.Does this situation sound familiar? Do not get caught up in a mountain of debt without having a safety net.  For many of us being prepared and protected means having the right equipment, the right contacts and knowing the correct ways. BUT there is one fundamental method of preparation and protection that many of us often overlook. The best preparation and protection we can have is ‘insurance’.InsuranceMany people do not understand the world of insurance. So what is insurance? To put it simply it is an arrangement that an insurance company makes with you that will compensate for a specific loss or damage covered by your policy, to your home and belongings in return for payment of a premium at a specified time. To best protect your home however, what you need is home insurance.Source: Trans Pacific Assurance LimitedWhat is home Insurance?It can be best described as the insurance policy that can assist with the replacement of your contents or repair of damage to your home. Home insurance policies insure the home itself along with the contents of your home.Esther and Thomas in our story have taken home insurance covering the contents they could have Thomas’s studio equipment and their other belongings covered and have the damage caused by the fire repaired. How to go about getting home insurance?In Papua New Guinea, Trans Pacific Assurance Limited (TPAL) has a variety of products that can be tailored to suit your needs. TPAL boasts an excellent response time, typically responding to queries and applications well within a working day.To apply for home insurance there are three main requirements:1.An accurately and fully completed Proposal Form.2.A Valuation Report from a financial institution of your choice3.Photographs depicting the property accurately if you are outside of Port Moresby, if you are in Port Moresby TPAL will send a representative to inspect your property.Once you have these requirements you can either email, or mail, or send via facsimile a copy.What happens?After you agree on a policy and have completed all the necessary paperwork and paid the premium, your home and contents are now insured. For example in the event that a fire damages your home the first thing you must do is contact Trans Pacific Assurance Limited and report what damage has happened. If you are able to take pictures or a video that will be very helpful. Make sure you accurately complete the claim  form with all of the information about the damage that has been caused it is that simple! After you file your claim, a representative from TPAL will be there to make an assessment. After an assessment has been made then repairs can then commence to your home.What are the other benefits of home insurance?Contents - whatever you have inside your home you need to get them insured to ensure that you have the items protected. For example Esther has taken out home insurance, her dream kitchen will be repaired.For property owners who intend to rent out their property it is wise to enquire about the many options available for you. There is a burglary cover so if your property gets broken into you can get your belongings replaced. There is a fire cover a will assist you if your property gets damaged as a result of these events.It can seem very large task, but once you begin making enquiries you will be pleasantly surprised at how simple it really is. Be like Esther and Thomas and invest your hard earned money not only in making your dream home a reality but ensure to have protection in place to cover such an event. Make sure that you contact Trans Pacific Assurance Limited on +675 321 6808.You can also click Here if you wish to send an email to get the protection in place to cover your dream home.  For more information you can Subscribe to our Newsletter to receive news and updates about new developments, land titles news, insurance information, real estate & housing demand trends and other information for developers or home buyers.
Airways Residences Pom City
The ultimate guide for expat rentals: Pom city's hot picks
June 16, 2022, 5:32 a.m.
News
Advice
Source: OnePNGMany expatriates move to Papua New Guinea (PNG) with only a vague idea that it is someplace north of Australia. That’s about it. Nevermind where Port Moresby is. It is only natural then, to ask people that have worked in PNG and ask google about the country.Most of what you come across will range from tourist type reviews to notorious stories of holds up and theft. It is wise to be cautious and follow your embassy, high commission and employer's security advise but you should not let that scare you into not accepting the offer to move to PNG. The majority of expats that move here are pleasantly surprised at the amazingly unique experiences that they've had.A little about Pom CityMost of PNG’s non-national residents are posted to work in the National Capital District (NCD) the capital of PNG. Port Moresby is the ONLY district in the nation’s capital, to locals it is known simply as Pom City. It’s a city that has seen a rapid growth in short span of time. Less than five years ago there was a clear demarcation of state and customary land boundaries; of business districts, industrial areas and residential areas. The city has grown so much that these boundaries are blurred and thousands are now living in what used to be the outskirts of Pom city. Several high impact projects like the Liquified Natural Gas (PNG-LNG) project, the 2015 Pacific Games and the APEC meetings which PNG is hosting this year have been catalysts of this rapid growth in infrastructure.Suburbs in Pom CityExcluding subdivisions of suburbs (eg. Hohola 1 - 4), the nation’s capital has 28 suburbs: Downtown/Port Moresby, Kone, Badili, Koki, Taurama, Gabutu, 2 mile, 3 mile, Korobosea, Manu, Boroko, East Boroko, 4 mile, 5 mile, Gordons, Gordons 5, Hohola (1- 4), Tokarara, 6 mile, 7 mile, 8 mile, 9 mile, Gerehu (1 - 7), Waigani, Ensisi Valley, Waigani Heights, Erima, Morata. Many local and international developers and financial institutions have invested in building residential properties over the last 10 years creating a significant increase in availability of residential properties at the same time a drop in rental prices - a welcome situation currently being experienced in the city.Recommended apartments and suburbsThere are a variety of properties available from condominiums to townhouses, detached houses to apartments in all these suburbs. There are certain suburbs that are preferred by the expat community because of the higher security rating, the surrounding community and proximity to general conveniences and social hubs. If your organization has not already taken care of your accommodation - here are four suburbs and six apartment buildings that we recommend based on the surrounding environment and community, security and proximity to amenities and certain landmarks or features.The transition to a new environment can be made more enjoyable if there is less for you to organize while acclimatizing, unpacking and familiarizing yourself with a new country. This is why an apartment within a secure, fully serviced compound is the easiest option for a new comer. The following apartments offer a variety of features including pool areas, entertainment areas, gyms and access to maintenance services from professional electricians, carpenters, plumbers, gardeners, pest control providers and waste removers.Airways ResidencesLocated at 7 mile along Jacksons Parade, Airways is a great place to go home and simply forget the hustle and bustle of your work world. Within this secure and tastefully landscaped environment, is a park with a playground, a pool, a gym, tennis courts, 5 world class restaurants, a massage and beauty parlour, Westpac Bank with an ATM, a pharmacy and a well-stocked convenience store. The beautiful thing is that you have everything you need and more within walking distance. Click here for more information.Chesterfield ApartmentsChesterfield Apartments are located on Chester Street downtown. They boast breathtaking views of Walter Bay’s sparkling turquoise waters, a lush tropical pool and outdoor spa and a barbeque area equipped with a bar. These apartments are five minutes drive from the CBD. Click Here for more information.Era Matana ApartmentsOne of the newest properties to be built in the city, Era Matana is another amazing place to set up in a new country. It is within a 5 minute drive from the town CBD and has truly breathtaking views of both Fairfax Harbour and Walter Bay and some of this you can take in while you are working out! The aesthetics are out of this world and would definitely lessen the stress of moving countries. Click Here for more information.Sol Wara ApartmentsThe Sol Wara Apartments are located on the waterfront of Konedobu. The apartments are located in one of the most convenient corners of Pom City with the Yacht Club practically next door and the two largest supermarkets less than five minutes drive away. You are afforded a view of Fairfax Harbour and because of its location just off the Poreporena Freeway this makes working and school drop offs in other suburbs less of a hassle. For more information click here.Ela Vista ApartmentsEla Vista Apartments can offer the perfect sea breeze and relaxing view of Walter Bay. Tropical plants arranged thoughtfully along terraces, ample parking space, a gym with a view and all this located on peaceful Chester Street. If swimming is your thing Ela Vista's lap pool offers a swim with a awe inspiring view. Click Here for more information.Windward ApartmentsThe Windward Apartments provide quick access to the Poreporena Freeway if you need to get to other suburbs, the beachfront and the CBD. Windward also boasts a gym, tennis courts, a barbaque area and is practically next door with a less than 5 minute drive from the newly constructed APEC Haus. Click Here for more information. TownDowntown Port Moresby or simply Town is the most preferred suburb because of its captivating view of the resplendent sea overlooking both Fairfax Harbour and Walter Bay, the whispering sea breeze and the proximity to Pom’s prime social clubs (Yacht Club and the Aviat Club), all within a 10 minute driving radius. In minutes you can get from the social clubs to the Crowne Plaza and Grand Papua Hotels. In the same amount of time you can get to the shopping centres, Waterfront Boroko Foodworld and Stop N shop Harbour city. A five minute walk up the street, will bring you to ANZ, Westpac, BSP and Kina Bank branches.Rentals within this area begin at K1,800 per week (appx AUD$600), there are many apartments and duplexes in fully serviced gated communities to choose from. Click Here to see more property available for rent in Town.BorokoBoroko is one of the two most sought after suburbs to live in according to respondents in the 2018 PNG Real Estate Survey. Boroko used to be one of the busiest commercial hubs in the late 80s and had many shopping centres who’ve since left leaving a number of vacant spaces. Boroko is a largely residential area with more than 10 schools, the three international high schools are located at East Boroko a suburb of its own now but which used to be a part of Boroko.  Boroko Market offers a great variety of fresh, organic local produce at cheap prices but it’s best to go with a local guide the first couple of times you go. The is across the road from the National Football Stadium, Rita Flynn Netball Courts, the Cricket grounds, the country’s central sports arena is located within Boroko.Rentals within this area begin at K700 per week (appx AUD$240). Click Here to see more property available for rent in Boroko.WaiganiThe second most livable suburb is Waigani or as locals know it Wagga. Waigani is known as the seat of the government as it hosts almost all government institutions. The National Parliament, National Museum, Port Moresby National Arts Theatre, National Library, the National Archives building and the Supreme Court of PNG are all in Waigani. Port Moresby’s only golf course is located in this suburb just 10 minutes drive from the Sir John Guise Stadium and the country’s only mega mall, Vision City. PNG’s 2 movie cinemas are also located in this suburb. The UN Building which will host all UN agencies and the World Bank will be also within this suburb once construction is complete. Three are the Stop N Shop chain of shops (Waigani North and Waigani Central), Jack’s, the Stanley Hotel and Suites, Holiday Inn, Laguna Hotel, Dream Inn Hotel and BSP and ANZ banks are all within in a 20 minute drive of each other taking traffic into consideration. There are a number of gated communities like Islander Village, Lamana and Savannah Heights which would take you 10 minutes drive to get to any of these establishments. For a variety of activities and also the convenience of a short travel Waigani is a great location to rent. Gordon’s 5, a suburb which has the Solomon Islands, British and Australian High Commissions; Indonesian, Japanese, Chinese and Korean Embassies all within a five minute walk of each other - shares a boundary with Waigani. Rentals within this area begin at K650per week (appx AUD$240). Click Here to see more property available for rent in Waigani.GordonsThe Gordons suburb is the industrial hub of the capital city. It has the most businesses and warehouses but it also features a vast residential area with many standalone houses. Gordons is the closest to Jackson’s International Airport out of the four suburbs featured. Boroko Foodworld and RH two of the largest shopping centres are located within Gordons. For many expatriates this suburb is attractive because of its ease of its location in the city - easy to get to offices in good time and if you want a weekend escape outside of town to explore the rugged mountains or the white sandy beaches of Central Province then this is an ideal location to search.Rentals in this area begin at K600 per week (appx AUD$204). Click Here to see more property available for rent in Gordons. For more information you can Subscribe to our Newsletter to receive news and updates about new developments, land titles news, insurance information, real estate & housing demand trends and other information for developers or home buyers.
Gordons 5 NCD Papua New Guinea
What is Hausples?
June 16, 2022, 5:33 a.m.
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Events & Announcements
Aerial view of Gordons 5, NCD | Source: FlipboardYou probably have gotten an email, or seen the posts on Facebook, Instagram, maybe you have been hearing about it on the radio and seeing the red, black and white themed ads on the digital billboards at Waigani. Yes Hausples.com.pg has fast become a household name throughout Papua New Guinea. Recently Hausples organized the 2018 PNG Real Estate Show that was attended by over 8,000 people. But there are many that are still unsure what this Hausples is about.So what exactly is Hausples?The best online real estate portalMaybe you have been seeing this phrase but don’t know what an ‘online portal’ is. Basically it means that Hausples.com.pg is the best website in Papua New Guinea to help you buy, rent and sell property. There are over 3,000 properties listed by individuals, developers, builders and agencies.No feesTo sell or lease property on Hausples.com.pg you simply need to register - for free! There is NO commission charged, there is NO registration fee to market your property on Hausples.com.pg. If you are searching for property to rent or buy you simply subscribe to the website - for free! There is no charge for searches or requests for further information.Easy to useAs soon as you enter the Hausples website a pop-up chat menu activates with a real person chatting with you - no automated responses, no bots! The site is easy to navigate regardless of your computer literacy. If you are searching or leasing out, or selling, your experience will always be pleasant. If you report an issue it will get attended to - promptly. If you do get confused there are alternative contact details provided, for example you can email [email protected] or you can call D: +675747 00243 | B: +675752 64887.Furthest ReachHausples is the most effective website to market your land or property with a network that reaches over 65,000 local and international followers. As mentioned before Hausples also utilizes three social media platforms that bring additional additional traffic to the website.Facts you should know about Hausples:Hausples was founded in 2013.Hausples works with the region's leading real estate agencies, developers and lenders .Real estate customer relationship management systems and websites are offered to many leading real estate agents in the region.Hausples is NOT a real estate agency.Hausples does NOT charge a registration fee.Hausples does NOT charge commission.Hausples has over 65,000 global followers on the website, facebook, instagram and twitterHausples has over 3,000 property listings.For more information you can Subscribe to our Newsletter to receive news and updates about new developments, land titles news, insurance information, real estate & housing demand trends and other information for developers or home buyers.
Real Estate Show Glory Group
The 2018 PNG Real Estate Show showcasing the Glory Group - PNG’s most versatile property development and construction company
June 16, 2022, 5:36 a.m.
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Many Papua New Guineans, especially residents of the nation's capital are working, planning and saving to purchase their own homes. Regardless of age, professional background and level of income most people seek similar circumstances when searching for a home; a secure neighbourhood, close proximity to amenities including distance to schools and bus stops and most importantly we are all seeking affordable purchasing prices!The demand in NCD has been extremely high whilst the supply has been severely low for economically viable housing, this has led to many organizations in both the private and public sector working to ensure that citizens have access to financial and legal support to achieve this aim.  Pictured above: Ela Vista ApartmentsThe Glory Group is a property development and construction company that has property in various locations that tick many of the boxes that Papua New Guineans are looking for when searching for housing. The Glory Group offers homes in safe neighbourhoods, that are conveniently located close to bus stops, markets, schools and the best thing is the Glory Group is able to cater for all sectors of the market. From Ela Vista Apartments for the high end market to the economical Sky View Estate and Glory Gardens. The 2018 PNG Real Estate Show gives you the opportunity to find out what further exciting developments the Glory Group has planned in the near and distant future.Come to the Sir John Guise Indoor Complex for the 2018 Real Estate Show on either the first or the second of June; and talk to an expert representative the Glory Group. The real estate show will be happening on the first and second of June. You will find the Glory Group booth directly opposite the tantalizing food stalls at the show. You can register by clicking here on REGISTER or you can email [email protected] or call B:75264887 | D:74700243.
Real Estate Show Nambawan Super
Learn how to save more for a better tomorrow with Nambawan Super Ltd at the 2018 PNG Real Estate Show
June 16, 2022, 5:36 a.m.
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In our society, it does not matter whether you have a regular and stable income or not - there will always be *haus krais, *kaikais, bride price ceremonies and generally there will always be customary obligations that require funds. When one reaches retirement age this becomes a stress factor in many families, most times the retiree feels a sense of guilt and gets upset that they are not able to maintain what they used to be able to offer as support to their extended family. Instead of relaxing and enjoying retirement the retiree stresses about activities such as this or about other finance related issues.Retirement should not be like this! It should be a time of relaxation and strengthening ties with family. There is one such organization that can offer advice and various methods of building a secure nest to assist you to make that future retirement less stressful and more enjoyable! Nambawan Super Ltd the corporate trustee of the Public Officers Superannuation Fund is THE organization you should make an appointment to come and have a chat with at the Sir John Guise Indoor Complex next week at the 2018 PNG Real Estate Show.If you want to find out what steps you need to take in order to increase you and your employees contribution to your retirement fund, or the best way to save for that property or register your business, or you just want to make sure that you have enough to get by and be able to contribute to *kastom wok - you should not miss the Nambawan Super booth! Come to the 2018 PNG Real Estate Show on either Friday 1st or Saturday 2nd of June, enter for FREE; and make sure that you pay a visit to the superfund pros to get relevant and up to date information to make your future more comfortable - and keep up to date with your kastom wok no matter your employment status.You can register here by clicking on REGISTER and entering your details and if you have any queries you can email [email protected] or call B: 75264887 OR D: 74700243.*haus krais - traditional Papua New Guinean wake.*kaikais - feast or food or to eat depending on which context used, in this context it means a feast.*kastom wok - various processes associated with customary obligations.
Pacific Palms Property Real Estate Show
Come talk to Pacific Palms Property - PNG’s most innovative property developers at the 2018 PNG Real Estate Show
June 16, 2022, 5:37 a.m.
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If you are in process of moving your business to a new location, it is ideal to find a premises where you need not organize your own security, furniture, pest control, maintenance and is as good is for you and your staff to move in and begin work.Or perhaps your family has to be relocated for work? You will want a home away from home, a residential area that offers detailed security, recreational facilities and easy access to general amenities without you having to stress about an inattentive landlord.If you are looking for these or maybe you are looking to invest in a property that features Papua New Guinea's mountainous majesty in the highlands region, or a backdrop of the sparkling azure Pacific Ocean within the islands - then do not miss the opportunity to come to the PNG Real Estate Show at the Sir John Guise Indoor Complex and speak to the pros of Pacific Palms Property who have just the sorts of property that you are interested in!Pictured Above:Windward ApartmentsPictured above: Hagen Central Commercial CenterPacific Palms Property offers a variety of options for you to rent or purchase a home or office space in some of the most exclusive and statuesque residential and commercial properties in Papua New Guinea. Come to the PNG Real Estate Show and talk to a friendly specialist about the services Pacifc Palms Property offers, their upcoming developments and more. At the show the Pacific Palms Property booth will be one of the easiest to find, just three booths to your left from from the main entrance.Pictured above: Pacific Palms Property booth at the 2017 PNG Real Estate ShowThe second annual real estate show will be happening on Friday the first and Saturday the second of June. The show offers you the freedom to speak to experts in secure and comfortable surroundings with catering specialists, builders, architects, banks, insurance firms, property developers, real estate agents, electrical and furniture retailers and wholesalers - in fact everyone you need to talk to when setting up a home or an office will be present at the Sir John Guise Indoor Complex next weekend!You can register by clicking on REGISTER and filling in your details - do not miss out on this opportunity to speak to the experts FREE of charge. Yes you read right - free entry, free parking and free opportunity to attend seminars and expert presentations at the PNG Real Estate Show next weekend.For more information you can email [email protected] or call D:747 00243 or B:75254887
PNG Real Estate Show
Come and witness industry experts present at the 2018 PNG Real Estate Show
June 16, 2022, 5:37 a.m.
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Events & Announcements
Have you been considering investing in real estate? Have you got a family home that has potential to be converted into rental units and provide additional income? Have you plans to renovate and put your house up for sale? Do you own land and want to bring in investors but do not want to be taken advantage of?The 2018 PNG Real Estate Show is the perfect opportunity to have all these questions and more answered!Register by clicking on REGISTER to attend the 2018 PNG Real Estate Show and talk to professionals in the real estate industry at their booths.The PNG real estate show will not only allow you to learn from these specialists at their exhibition stalls, but there will be informative panel discussions on topics that impact the market. Topics like building and finance and many more - will be discussed at the show by panels of experts at the seminar section in the foyer.There will also be opportunity for you at the show to receive gems of information from experts who will be speaking of their experiences and knowledge in their respective fields.The following is a sneak preview on who you can expect at PNG’s premier real estate show.Pictured above: Chris Hawkins - PNG APEC Authority Chief Executive Officer; who will be sharing the impact of APEC on the real estate market.Pictured above: Kili Tambua - Bank South Pacific’s Retail Deputy General Manager will be giving us perspective on banking and the associated challenges in real estate.Claire Lee - Corporate Affairs Manager at the Glory Group of companies speak about choosing the right homes.Pictured above: John Leahy - Partner in prestigious law firm Leahy, Lewin, Lowing and Sullivan will expound on the use of company titles for real estate.Pictured above: Andrew Avenell - Managing Director of Rhodes PNG will elaborate on the specifics of modern building techniques.Pictured above: Kym Yong - Director of Edai Town Development will share with you some easy steps to affordable home ownership.Pictured above: Mike Quinn - President of the PNG Real Estate Industry Association, has information on the impact of rapid growth of housing developments in Port Moresby.Pictured above: John Nell on behalf of Poly Allied Products will be speaking about clean safe drinking water solutions to remote communities from any water source whether your source is contaminated freshwater, brackish or seawater.Chris Giddings - Managing Director of Trans Pacific Assurance Limited.Pictured above: Tom Snelling - General Manager of Hausples.Do not miss out on this opportunity - be there at the Sir John Guise Indoor Complex on the 1st and 2nd of June 2018.For more information call our hotline on D: 74700243 or B: 75264887
Monier 2017 RES
Get the best advice for safely storing and filtering drinking water at the 2018 PNG Real Estate Show
June 16, 2022, 5:37 a.m.
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PNG currently ranks at the bottom of all Pacific countries for all WASH (or Water Sanitation and Hygiene) related health statistics, with over 6,000 diarrheal deaths per year and a re-emergence of cholera in 2009, according to UNICEF statistics. Something that you should be giving considerable attention to particularly if you are in the process of purchasing, building or renovating your home in any location that doesn't have access to piped and treated water supplies.  Where you store your drinking water, the material of the container, the volume of water you store and how easily you can access clean water and sanitary tanks - all these are vital considering that this is the age of water borne disease risks as a result of El Nino, La Nina weather patterns. Home renovators or builders should consider installing a system that will purify, store and keep water safe without too much maintenance, fuss or cost in whatever area of PNG you are located at.  Poly Allied Products or PAP a subsidiary of Monier Ltd specializes in providing solutions for water borne risks! PAP provide assorted water storage tanks, and are the specialists in water filtration systems not matter the sources of water; be it bore water, well water, river, sea water and bay water - PAP have options to filter it and make it acceptable and safe for drinking.  The 2018 Real Estate Show will be your opportunity to speak to a professional from Poly Allied Products and get up-front, up-to-date information for FREE! All you have to do is spare an hour of your time on either the first or the second of June. Come on down to PNG’s prestigious real estate show at the Sir John Guise Indoor Complex and talk to one of their professionals to find out exactly what product will suit your budget and needs.REGISTER HERE or you can email [email protected] or call B: 74700243 D: 75264887 for more information.
PNG Real Estate Show
THE 2018 PNG REAL ESTATE SHOW - 17 DAYS AWAY!
June 16, 2022, 5:38 a.m.
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Events & Announcements
The 2018 PNG Real Estate Show is 17 days away!If you didn’t already know - the show is an exposition of over 30 organizations that supply expert services and products to the real estate industry in PNG and internationally. You will have FREE access to each one of these organizations in air conditioned comfort at the Sir John Guise Indoor complex! Yes you read correctly - FREE ACCESS. No gate fee, no parking fee and for your contentment, security will be hyped up.Financial and insurance institutions will be at the show for you to find out what you need to not only finance buying, building and developing your home but it's an excellent opportunity to find out the benefits of insuring your assets. Many of us do not see the value of getting our property insured, which is quite ironic considering Port Moresby’s reputation for being a high security risk city. It makes sense to to find out what options are available for your peace of mind when you’re going about your daily business.  Quite a number of us do not make adequate inquiries into professional home builders and end up spending alot on maintenance, a situation which could have been avoided had the structure been built precisely with the correct material. Come to the show and talk to the experts to find out what material and structure is best for the type of property you want, the location you’re building at and what weather elements you need to consider when building.There are many ways in which one can utilize different spaces in their home by the furnishings, the appliances and decorations they choose in their home. If you can use your bedroom as an office, a bedroom, a store room and and a room to exercise in - imagine what business you could run in a two bedroom unit?! The 2018 Real Estate show provides an opportunity for you to find out choices and prices from different experts that sell versatile furniture, electrical appliances, decorative items and other home furnishings.There is also a growing number of us that are in that stage of life where we have a house for our family, our children are in the process of leaving home and we are looking to invest in property that will allow us to make a comfortable retirement nest. It is wise to ask those that have been in the property development business what risks and benefits there are to be made in investing in different upcoming developments throughout the country. Make it your business to come on down to the show and talk to the different property developers to learn more about what’s happening in the market.The majority of us rely on the three main mobile network providers for internet access, at the show you can talk to alternative internet providers and see what packages are available in PNG.For parents with younger children, there will be a teacher supervised creche for the kiddies at the show! Make a plan to visit the booths and then some time out with the children with a variety of food booths just down the aisle.First aid and medical emergency services available in the country will also be exhibited  at the show. Once again in case you forget - the PNG Real Estate Show is an exposition of all those that play a defining role in the real estate industry.Make it your business to visit the 2018 PNG Real Estate Show on either the first or second of June. Click on REGISTER to register for the day and for more information email: [email protected] or phone: D: +675 7470 0243|B: +675 7526 4887
2017 PNG Real Estate Show - BSP Booth
BSP Making Home Ownership a Reality
June 16, 2022, 5:38 a.m.
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The dream of owning your own home may not be too far off.You have been looking through different property for sale on the Hausples.com and Marketmeri.com websites. You may have decided where you want to build and perhaps already have a home builder or a developer in mind. The next thing you will want to do, is to get as much information as you can in order to finance this plan and make it become a reality.BSP will be at the 2018 PNG Real Estate Show on Friday the 1st and Saturday the 2nd of June to give you exactly the type of information you need to help you take the final steps to purchase your home. The BSP booth will be the second booth from the left as soon as you enter the main arena.The 2017 PNG Real Estate Show - visitors at the BSP Booth At BSP they know that, owning a house or property is not only a good investment, it gives you security, a stable place for your family and the freedom to build a home that you can call your own.The Bank offers two main Home Loan Products, the Standard BSP Home Loan which now offers 7.45% pa and First Home Ownership Scheme (FHOS) with an interest rate of 4% pa. The main difference between these two products is; the Standard BSP Home Loan is for individuals seeking to purchase, build or extend a home to live in or to refinance an existing debt from a known financial institution. The FHOS Loan is available to customers who wish to buy their first home for their own dwelling.The FHOS offers loan amounts between K200, 000 to K400, 000 while the Standard BSP Home Loan amounts vary. Customers who fall outside of the FHOS can still take advantage of the reduced interest rates and obtain a Standard Home Loan for a term of 40 years. The equity requirement under the Standard BSP Home Loan is 20% while the FHOS requires 10% equity with special conditions that apply.Standard BSP Home LoanWhat do I need?Completed BSP Home Loan ApplicationThree (3) latest pay slipsLetter of offer disclosing the purchase priceAcceptance of offer by the vendorCopy of Title deed from vendor confirming ownershipEvidence of 20% equity contributionConfirmation letter of employment from employer disclosing salary and housing allowance (if any) or copy of contract of employment (if any)First Home Ownership Scheme LoanEligibilityBe a PNG Citizen and a first home buyerProvide proof and evidence of 10% equityBe an employee of either public service or the private sector and earninga regular incomeWhat do I need?Provide three (3) months statement if account is held with another bankProvide three (3) latest payslipsConfirmation of employment or copy of contract of employmentHow to ApplyComplete a BSP Loan ApplicationSubmit copy of Title Deed confirming ownership of land/Lease is State ownedStatutory declaration confirming acquisition is your first and will be owner occupiedRestrictions will apply on refinancing or resale of the property under this housing scheme. While there has been interest, BSP continues to encourage potential home buyers to have a plan, set goals and start saving for your home equity.You can register here and come visit the BSP exhibition booth during the 2018 PNG Real Estate Show on Friday June 1st and Saturday June 2nd in order to get more information on what steps you need to take in order to own your own home. For more information you can email [email protected] or call D: +675 7470 0243|B: +675 7526 4887
PNG Real Estate Show
Anticipating The 2018 PNG Real Estate Show
June 16, 2022, 5:38 a.m.
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The 2018 PNG Real Estate Show is less than thirty days away! This year's show is set to exceed the resounding success of last year’s event which connected over 3,000 visitors and over 30 businesses from all around the globe. The inaugural show was created in 2017 to promote a diverse set of exhibitors within a world-class venue to encourage growth for potential investors, property buyers, property renters, and the public. The two day event is an ideal opportunity for those looking to get a foot into the Papua New Guinea real estate market.The Papua New Guinea Real Estate Show 2018 will also give registered guests the opportunity to listen and learn from even more presenters at a more private set-up, the seminars have been moved to the foyer to allow visitors better listening comfort. Presenters include industry experts like Mike Quinn, who is the President of the PNG Real Estate Industry Association and John Leahy, partner of Leahy, Lewin, Lowing, Sullivan Lawyers. Pictured above: Presentation by Kim Yong, Director of Edai Town Development There will be greater diversity in discussion topics that will contribute to the current dialogue on the growth in the PNG real estate market’s current and upcoming developments, financial opportunities, and how these will contribute to the country’s socio-economic development.With thirty eight exhibition booths to choose from; attendees will be able to sharpen their knowledge about the ins and outs of buying and renting during the country’s present real estimate climate, giving them a competitive edge over other buyers and renters. A few featured exhibitions include: Monier, Bank South Pacific, Pacific Palms Property, Nambawan Super Ltd, Glory Estate, NASFUND, Century 21, Trans Pacific Assurance Limited and Kina Bank. There will also be displays from: Credit Corporation, Strickland Real Estate, Airways, Post Courier, Pacific Balance Fund, Akzo Nobel, Shoreline, Kenmore, Rhodes PNG, PNG Forest Products and Click/Light Speed.Pictured above: Monier Exhibition booth during 2017 PNG Real Estate Show Pictured above: Nambawan Super Ltd Exhibition booth during 2017 PNG Real Estate Show If guests are looking for something to eat, after checking out the different real estate agents and businesses within the vicinity, they have the opportunity to move to the appetizing food and refreshment stalls, which will be serving up better food options than last year. Parents bringing their kids along won’t have to worry about carrying their children during all of this as there will be a crèche to help keep the young ones entertained.As always, entry to the exhibitions and seminars is absolutely free and there will also be secure parking provided for free. Entry is completely Free and all attendees are welcome to bring in friends and family members.The Papua New Guinea Real Estate Show 2018 will be held from June 1 to June 2 and registering has never been so easy. Just click 2018 PNG Real Estate Show Registration, type in your details, click submit and then you’re done.If you are an agency, developer or a company related to the real estate services and would like to exhibit at the show and reserve a booth please send and email to [email protected] at the earliest.