Following the positive response to the sixth edition of the yearly PNG Residential Real Estate Survey, Hausples is delighted to share with you the results of the 2022 PNG Commercial Real Estate Survey, the first of its kind.The survey provides valuable insights into PNG's commercial property market, focusing on both commercial property owners (who are usually also business owners) and on commercial property seekers. The objective is to define the current business landscape in PNG along with the demand and preferences for commercial properties.The first part of the survey includes responses from individuals that own or rent a commercial space to run their business, focusing specifically on commercial offices, retail, industrial, and hospitality spaces. This provides invaluable information about COVID-19’s impact on businesses, the introduction of work from home (WFH) policies, past and projected sales, staffing, and the digitisation of operations.The second part of the survey addresses the current sentiment of commercial property seekers, showcasing demand and supply distribution by property type and suburb in PNG. It also provides time frames for buying or renting and general preferences in the market.The 2022 Commercial Real Estate Survey is the first of its kind and will be followed by the 2023 Commercial Real Estate Survey which will provide a comparative analysis from this year. Any interested company or advertiser is encouraged to contact Hausples as soon as possible to secure advertising space.Hausples thanks everyone who took the time to complete the survey, and the sponsors who have made this publication possible. We hope that the findings will greatly benefit both the private and public sectors. CLICK HERE TO DOWNLOAD SURVEY REPORT

Do you own or rent commercial properties? Are you a business owner? This is your chance to have your say and contribute to the commercial real estate market! Hausples is proud to launch the first ever Commercial Survey dedicated to commercial properties in PNG.Have your say and find out the trend in the industry!Click Survey Here

Hausples.com.pg is excited to launch the first "PNG Handbook". The most comprehensive guide for travellers and frequent visitors to Papua New Guinea.The guide provides a general overview of PNG with in-depth information on major topics such as:Properties and accomodation in PNGLifestyle and cost of livingThings to do in PNGShopping centresTourism attractionsLocations overview accompanied by video guides!Visas and permitsSchools informationGyms and fitness centresClubs, nightlife and barsEmbassiesHotels and restaurantsThe guide has been distributed to major locations like embassies, hotels, restaurants and many many more and is available for download (free) on the Hausples website.DOWNLOAD 2024 PNG HANDBOOK

The Hausples Online Flash Sale event offering discounted properties for rent to the public for a limited period of time has received a record of over 1,000 registrations with many property seekers demanding additional stock.The event has been marketed in April as the first online event of its kind in an effort to sustain the real estate industry during the Covid-19 lockdown. In anticipation of the actual event, Hausples made properties visible to the public on Thursday 6 May - one week prior to the discounts being revealed - allowing property seekers to browse through properties and bookmark those of interest. Discounts were revealed at the start of the event on Thursday 13 May and were due to be withdrawn on Saturday 15 May; however, as a result of popular demand the Hausples Group decided to extend the offering for a further week until Wednesday 19 of May. As a result, additional registrations of interest were received for all advertisers, including real estate agencies, the Bank of South Pacific, Telikom PNG, Boroko Motors and many others.   “We are very pleased with the response received from property seekers. Considering this is the first online flash sale ever in PNG, we can safely say that it has been a successful proof of concept and we will definitely plan another event before the end of the year.” says Tom Snelling, Hausples Pty Ltd General Manager.The response by property seekers has been overwhelming and the online event has registered over 1,000 users over a one month period.  “We didn’t expect to receive such an overwhelming response and are delighted to see that people welcome online initiatives such as this one.” added Tom Snelling.Based on the data retrieved it has emerged that over 56% of property seekers were actually looking after properties for sale and were ready to buy. “We are in the process of analysing the data to improve on our next offering; however, early results show a huge demand for properties for sale in the capital city and in regional areas even from overseas investors. In the next event we will capitalise on this and will offer properties for sale at discounted prices.” concluded Snelling.With over 40 properties for rent showcased during the event, Hausples has definitely made a splash in the real estate market by supporting real estate agencies, industry related businesses and property seekers during an unprecedented time.The dates and business program of the next online event have not been released, yet Tom Snelling advised that Hausples Pty Ltd is already receiving unsolicited requests to participate and advertise in the next event and suggests advertisers get in touch for an early bird offer.If you would like to advertise your properties or business in the next event please contact the Hausples team on 7470 0243 or email [email protected]

BSP PNG| “It’s an unbelievable feeling when they hand you the keys to your house - something that you can call your own,” recalls Margaret Neme when she recently received keys to her first home made possible through BSP’s First Home Ownership Loan (FHOL).Margaret is one of over 1,000 first homeowners to purchase a home under BSP’s FHOL, a home loan product that continues to be very popular and remains an important financial objective for many.“I had a choice of preference for what my dream home would be, but I was unsure about making a big investment in my life. I thank God for seeing my family through during these unprecedented times and having made this bold move was great courage in itself.  I can now say, my family’s future is safely secured, and a place we can call our own,’ Margaret said.“Thank you to BSP for the competitive fixed interest rate, with repayments over a 40 year term, I told myself that it was worth a try. I was not too confident about my application, but giving this an attempt, I made sure, I provided all requirements for loan processing,” Margaret added and, with a few amends and adjustments to her requirements, she successfully qualified for a BSP First Home Ownership Loan.Today, she shows off her keys to her new home. “It’s an unbelievable feeling when they hand you the keys to your house – something that you call your own,” Margaret further added.As at April, 2021, BSP Financial Group Limited (BSP) has approved loans to the total value of K312 million under the BSP FHOL.BSP Group CEO Robin Fleming said while the product is a joint initiative with the government that begin in 2014, BSP has fully funded the program after the government’s liquidity support for the facility “did not eventuate years ago”. “While our FHOL remains at the fixed interest rate of 4%, the lowest offered by Commercial Banks at K400,000 maximum funding availability, our Standard Home Loan Interest rate is 5.5% for those looking at properties above K400,000.  That is not just for a number of years but the duration of loan repayment period,” Mr Fleming added.The interest in the home ownership and for affordable Home Loan Products has been relatively high since the introduction First Home Owners Loan product in 2015. The majority of loans funded are mostly in Port Moresby largely due to size of market and increased interest from housing developers.However, interests from potential homebuyers also remain high across PNG, from young professionals to long-serving employees in both the public and private sectors.In the recently published Hausples survey, results showed that 16% of respondents to the survey were employed in the public sector, who were keen to own a home.Over 70% of respondents surveyed were looking to buy their first home, and 80% of the total respondents needed a mortgage to buy a home. Customers interested in BSP’s First Home Ownership Loan can fill out the form here: https://www.hausples.com.pg/banks-finance/

In light of the ongoing COVID-19 pandemic PNG’s leading proptech company, Hausples.com.pg, is innovating to help property seekers and the real estate industry via the launch of the Hausples Online Flash Sale. The Hausples Online Flash Sale will showcase the best deals on property for sale and rent across PNG, giving property hunters and owners the chance to transact quickly and easily despite the pandemic.   What is the Hausples Online Flash Sale?The Hausples Online Flash Sale is a three day online event giving property hunters the chance to secure a home for rent or sale at the lowest possible price. PNG’s leading agencies and developers will be offering hefty discounts on selected properties made available on the website: onlineflashsale.hausples.com.pgWhen is the Hausples Online Flash Sale?The event will start at 9am Thursday 13 May and will close at 5pm Saturday 15 May 2021. How do renters, buyers, landlords and owners participate in the event?Property renters and buyers must pre-register at: onlineflashsale.hausples.com.pg Registration and participation is completely free. Hausples will send important information to registered users in the lead up to the event.When will property discounts be revealed?The available properties will be revealed in the lead up to the event, giving property hunters the chance review and make a selection. However, discounts and booking will only be revealed/accepted at the commencement of the event at 9am on Thursday 13 May and bookings will close at 5pm on Saturday 15 May 2021. During this time, registered users will be able to submit a reservation for properties of interest to lock in the discounts and progress the purchasing/rental process.Are you an agency, developer or have properties you want to rent or sell?Landlords, owners, developers and real estate agencies who would like to market property during the event and secure easy and fast transactions should contact the Hausples team on 7470 0243 or email [email protected].  Are you a related business and would like to market your services? Are you a business offering services to the property industry such as finance, insurance, building, homeware or related supplier? Hausples can put your brand in front of tens of thousands of people searching for a home, contact the Hausples team on 7470 0243 or email [email protected].

Real estate enthusiasts had much to gain from Valentine's Day than the average night-for-two hotel package. PNG’s leading property portal, Hausples Limited, revealed the PNG Real Estate Survey 2020 last Friday, 14th of February, 2020 at the Lamana Hotel.  The occasion was more than just appealing to real estate professionals, VIPs and a few guests. Invitees were treated to an insightful three hours, punctuated by key sentiments concerning the current property market, as identified by the survey. “The survey isn’t just about numbers. It gives us feedback on what the consumer is actually after,” said the General Manager of Hausples Limited, Tom Snelling. “It gives us an idea of the wants and needs of the consumer, such as how many bedrooms the people want? What’s the landmass that people want? How much money are people willing to spend on houses? This is the information we need in order to build properties that sell at the end of the day.”     With four years of data on hand, Hausples is able to update and single out consistency in the data, since the first survey edition in 2017. However, according to Mr. Snelling, anomalies are a given every now and then. So what the number one property portal does is to visit the blueprint of these anomalies, in order to determine a corresponding standard.Hausples proclaims that such occasions are strategic paths for real estate and related industry professionals to extend their market reach, as well as improve their list of genuine business partners. In retrospect, this survey is designed to benefit real estate agents, developers, builders and contractors. Some of the key outcomes that were noted during the occasion were: Nearly half of the respondents claimed they share the same roof with their immediate family or extended family; hence, PNG is a family oriented societyMean occupancy is between 4 to 6, where a surprising 16% had over 10 occupants Household  incomes appear to have dropped significantly since last year. Those earning less than K2,000 per month has jumped to 36% (against 27% in 2019)Last years survey was conducted just 5 weeks after APEC, so those results may have been overstatedThere is an increase in the under 30’s, which represents the portion of the population that earns less than their elders. Number of people wanting to rent a house has increased to 54% (40% in 2019, but 58% in 2018)Apartments have dropped against last year’s results Again, this could be the result of APEC Usual suspects in terms of preferred Location to buy property were Boroko and Gerehu, topping out the listThere is an notable increase in demand for outer-city locations such as 9-Mile, 7-Mile, Napa Napa/Lea Lea - almost certainly due to cheaper pricesTokarara was favorable among buyers in the sales market, compared to the rental marketHi-Set houses are still the most popular choice and the results are mostly consistent with previous years, except “Land Only” which improved by 5 points for this yearInterestingly, Apartments are extremely unpopular in the Sales market at 4%, compared to the rental at 40%New properties are more popular than established ones - and “Serviced Land” is also in demand.Looking deeper into the types of houses our respondents want to buy; 3-Bed to 4-Bed is a must, and little demand for anything smaller. Again, PNG is a family oriented society. People are prepared to accept modern materials over brick or timber, probably due to the price difference.Acreage-wise, 300-500 sqm or above is the most popular choice. In comparison, the average block  size in Australia is 474sqm. This gives us a lot of information for property developers about the type of housing, location, sizes, and preferred materials. But the question is, how much are people prepared to spend?  As expected, anything within the First Home Ownership Scheme is most sought after, a probable cause for higher prices to wither quickly. Basically, the task is to build a 3-bed house for less than K400,000. However, we have established a demand for Serviced Land at a similar proportion to less than K200,000. The majority would expect to put a minimum 10% down as a deposit. The deposit would mostly come from a Housing Advance, but the bulk of the finance points to a home loan.Most respondents would be first home buyers How people view other financial products, such as insurance, shows maturity in financial literacyAbout ¾ would definitely take out an insurance policy and 23% saying maybe. Again, the majority (88%) requested more information on home insurance. “More affordable housing” is the biggest request change in the property market, and most of the sentiments revolved around price regulation. Realistically, regulation would be almost impossible to implement. However, it does show that there is concern within the market about property prices.“Such property events are very helpful and informative, especially the latest from surveys. It helps us real estate professionals in many ways, and not just property managers, but all stakeholders like property contractors and developers,” advised Mr. Carlito Adlawan, property manager of KMS Property. “In my line of duty, I rely on information on the Hausples website, to understand the locals’ perception of the affordability of the property market and pricing demands. These events are in themselves informative and today was no different. I’m wishing now that I should’ve asked my mates from Primus and Salcon Builders to come along. It’s the kind of information they’ll be interested in.” Moreover, the event proved worthy as an ideal platform for extensive business growth and networking in PNG’s real estate sector. From a consumer’s standpoint, the sentiments become the instrument for companies to measure the level of satisfaction around their products and services, and are suggestive of what’s working, what’s not, what should be done, and what is expected. For more information, simply: Visit www.hausples.com.pg, email: [email protected], or call: (+675) 74700243. CLICK HERE TO DOWNLOAD FREE

Imagine coming across a property in the newspapers or on Hausples website that features everything you’ve always desired in a property. You’re instantly hooked the minute you caught sight of it. A deja-vu? You wonder. How could this be? Is it possible that your answers in a recent survey were taken into much consideration? Possibly! This is why surveys are mission-critical. And this is why we do surveys.  You see, stories hurt and stories heal. Stories make us who we are - they are our voice. And our voice represents the unseen within. It is your voice that influences property construction, design and the real estate market. It is your voice that brings about change. Even shape the future of the country. That’s how powerful your voice can be. But your voice can go unheard among the hundreds of individual opinions thrown around daily, and this is where a survey becomes effective. Voicing your needs and preferences via a survey has a causal effect. Once viral, it can easily dictate the success or failure of a business. Therefore, knowing what makes you happy and what makes you sad puts a business in a better position to think up ways to solve your problems. In this article, we’ll cover 10 reasons why surveys are important and how they benefit both a company and its consumers. 1. Acquire Valuable InsightA positive, working relationship between a business and its consumers is a fine art. No business has ever existed without customers. Consumers are the lifeline of a business; their preferences, concerns and needs make up the crucial element of survival for businesses. Therefore, a consistent barrage of consumer feedback acquired, analyzed and put into perspective can make or break a business’s development. Acquiring valuable insights from consumers help to determine the level of satisfaction gained from using products and services on offer. These valuable insights also help to recognize which areas of business operations need improvements, and which areas need consistent capitalization.   2. Understanding Customers’ Thoughts And FeelingsBy understanding what customers are thinking and feeling, a business is able to respond correctly to the consumer’s needs and wants. Empathy, either in a business-to-business or business-to-customer setting, leads to stronger social connections. In itself, empathy is the signature expression of a quality consumer experience, and it doesn’t breed contempt, rather procreates loyalty.Once a business begins empathizing with its consumers, it tends to regulate its emotions and ends up with an optimized market offering centered around consumers’ thoughts and feelings. Conducting a survey only solidifies this reality. 3. Knowing How Customers View BusinessesHow a business is perceived by consumers has a lot to do with areas that the business needs improvement in. It also sheds light on aspects of the business that has been overlooked previously by the consumer, or which the consumer may not have thought about.  4. Determine Business PrioritiesAt this point, a survey will outline the strengths and weaknesses of a business, average out the responses to see where each aspect of a consumer’s experience stands in the greater scheme, and modify certain processes that appear the best avenue to plough. Businesses may also want to find out the performance of their agents and to conclude if further upskilling is required.  5. Impressing CustomersEvery business thrives on consumer satisfaction. But only satisfying consumers is becoming a thing of the past. In a contemporary property market, a business only has the competitive advantage when it’s able to impress its customers, rather than just satisfying them. Knowing all about the aspect of a product or service that propagates a positive impression on consumers always leads to a positive brand image. And a positive image means growth and survivability in the market.  6. Tracking Changes In Customer PreferencesSurvey feedback is one way businesses find out how a consumer reacts to changes made by the business. Tracking changes in consumer preferences has the capacity to inspire new business practices. This is an opportunity in which businesses use customer feedback from a survey to devise a product or service that fits a consumer’s personality. 7. Preserving PrestigeA survey is an exciting medium in enabling a flexible communication between a business and its consumers. It is the brainchild of consumer feedback, because without feedback, how can a business know if it is offering the right product and service to its customers? Anticipating consumer feedback via a survey shows just how much a business cares about its consumers. 8. Word-Of-MouthSo much has been said and done to improve communication channels in this contemporary age and lifestyle. Despite immense benefits brought about by social media platforms and new technology, nothing beats good old worth-of-mouth recommendations from a reliable source. All things considered, word-of-mouth is the tip of the spear in the business world. And for a good measure, it can bring about doom or gloom upon a business. 9. LoyaltyLoyalty is not a given. Like trust and respect, it is earned. Loyalty is the by-product of offering a product or service that mirrors a consumer’s personality. Whether positive or negative, what the consumer experiences with a particular product or service reflects on the kind of loyalty that is to be earned. 10. Identifying behavioral cluesSurveys are rarely a one-time thing. As consistent as they should be, surveys assist companies in pinpointing similarities in behavioral clues in the form of trends within consumer feedback. Realizing these trends as actionable items lead companies down the avenue of improving their overall consumer experience and, therefore, delighting their consumers in the long run. Listing well over 3,000 properties for sale and rent throughout Papua New Guinea, the PNG Real Estate Survey 2020 is executed with one goal in mind...YOUR SAY. So let your voice echo across the real estate market. Let it embed itself in the hearts and minds of property developers, builders, and agents and bring forth a property that embodies your story.With one week left before the conclusion, don’t forget to take part in the PNG Real Estate Survey 2020. Your answers will go into a draw to win a Galaxy A50 smartphone worth over a thousand kina...Kudos!

The PNG Real Estate Survey 2020, currently hosted by Hausples Limited, seeks to address demands for affordable housing, purchasing power, property prices and desired reforms that mirror customer expectations. So far, more than 1,500 completed surveys have been submitted, and the number continues to rise daily. The survey is conducted annually among a supply of subscribers who receive regular updates from Hausples. Because of these surveys, Hausples is able to gain greater insights into new real estate trends, which is then made available to interested parties who have a special take on the property market.“Surveys of this nature give an opportunity for the general public to state their preferences in the real estate market,” says Tom Snelling, General Manager for Hausples. “It’s important to understand what homebuyers are looking for - the price range, acreage, etc., so that developers and planners can build accordingly.”Voicing your concerns and preferences or feedback is paramount to any survey, likewise the PNG Real Estate Survey 2020. From a customer standpoint, your voice becomes the instrument for companies to measure your level of satisfaction with their products or service, and is suggestive of what’s working, what’s not, what should be done, and what is expected.  The 2020 survey tallied responses from property agents, developers, investors and basically everyone else. Just under half represent the government, banking and finance, oil and mining, and real estate and construction sectors, while retail, education, hospitality, medical, self-employed and others comprised fair portions. Among the notable results:The average age of respondents is between 31-40. Compared to last year, the progressive number of respondents in this bracket has gone up by 3%.The survey also shows a dip in percentage of low income earners, but not so true for middle-income earners who are experiencing a gain;The general perception of the real estate market, however, falls within the confines of “unaffordability”, especially for rentals and sales; Still consistent, compared to previous years, Waigani is the most sought after location for residing. But an overwhelming interest points to out of town locations such as 8 Mile, 9 Mile, Edai Town and so forth;Over half of the respondents said they are likely to spend between K200,000 and K400,000 on a property; and,Contrastingly, financial literacy has greatly improved and most likely will continue to improve in the years to come “As far as the current survey goes, we are seeing growth in the mid to upper income earners, which is inspiring for PNG’s economy and individual purchasing power,” Mr. Snelling added. “And despite the general feeling that property prices are high, with limited appraisal for affordable housing, the survey indicates significant changes in attitudes and that suggests maturity in the real estate market in PNG.”The 2020 survey has been refined in order to obtain as accurate and unbiased information as possible. Location preferences include the whole of PNG as well as suburbs of the capital. There also appears to be a trend towards the purchase of land-only, for which Hausples is trying to gain a deep understanding of this reality. The general purpose of these surveys is to assess how satisfied the general public is with different aspects of the real estate landscape. Identifying unhappy customers is as important as identifying extremely happy ones (potential advocates).To wrap things up, the overall goal of any survey is obtaining actionable customer feedback that can be used for improving overall customer experience; hence, your satisfaction in the product/service offering. Nevertheless, measuring and tracking overall customer satisfaction is the first and most important step towards creating amazing experiences.You only have a week left to fill in the survey if you haven’t done so yet. Your answers will go into a draw to win a Galaxy A50 smartphone.

As 2019 comes to a close, Hausples avails this moment to appreciate the year. Since January, Hausples has remained consistent in maintaining its reputation as PNG’s number one real estate portal. From property developers, to property builders, to real estate agents, and investors, we have had so many amazing conversations and relationship building behind the scenes, and we hope to continue this trend in 2020 with greater significance.  However, our successes in achieving our goals would not have been possible without you - our beloved real estate community - and all that you’ve given as inspirational tools for our growth.  Here’s a roundup of our favorites for this phenomenal year, as far as our successes go. Home & Car Expo 2019As never before experienced in PNG’s real estate scene, Hausples and Market Meri fair-and-squarely pulled off PNG’s first-ever Home & Car Expo in June of this year. The Home & Car Expo 2019 fulfilled many a home and automotive needs in unexpected ways. Participants and visitors alike were treated to an array of housing and motor vehicle narratives under one roof. The two-day event was filled with entertainment, educational incentives, and informative cues. Many elated attendees went home with a piece of mind.Major players representing the real estate market and other related markets took advantage of this opportunity, thus making it one of the biggest events of 2019.For Hausples, this was nothing short of brilliant.  The Noble CenterNothing was nobler in 2019 than China Railway Engineering Group’s Noble Center in downtown, Port moresby. Unprecedented in size and sophistication, the Noble Center was completed in August of this year. Standing tall at a height of 95.6 meters, constituting a 23-storey nirvana of living, working and recreation, the Noble Center was one of the most featured topics of 2019.Being a major client of Hausples with several listings on our website, we are proud to consider China Railway Engineering Group (PNG) Noble Real Estate Co. Limited as part of our real estate community. Hats off to their successes in 2020 and beyond!   Lae Real Estate Show 2019Due to popular demand, Hausples decided on a second Lae Real Estate Show. Rather than allowing routine to dictate everyday scenarios, visitors assimilated to their curiosity of the event’s undertaking.Major players such as BSP Lae Branch, Nambawan Super, Hornibrook NGI, PNG Institute of Architects, Guard Dog Security Systems, Laga Industries and Niugini Electrical Limited, just to name a few, had much to brag about at the end of the show. New interests, new leads and qualified prospects were the highlight of the Lae real estate event. Attendees who were on the scene to get the pulse of the event shared the same sentiments and, like their counterparts at the Home & Car Expo in Port Moresby, went away with a piece of mind.  OPH Commercial Towers 1 & 2It’s a well known fact that a first impression will always be the last impression. Where personality counts, the newly built OPH Commercial Towers 1 & 2 by Lamana Development Limited in partnership with Nambawan Super, strikes a chord between presentable, confident and professional. The OPH Commercial Towers only add to 2019’s plethora of PNG’s built environment, serving the country’s major industries and providing the general public a number of probable causes to work, shop, socialize and relax.  All in all, this year was another challenging year for everyone here at Hausples and Market Meri. A new terrain comes with a new approach, likewise a new year breeds new challenges with new mindsets, and so was the case this year. But, we wouldn’t have reached that level of success without your support.Thanks to you, we have built a system of conformity with specific insights and unlimited comforts. The results of 2019 for Hausples sheds much light on our continuous ability to see new trends quickly, complete tasks with minimal oversight, and conclude several projects on time. Your support has also given us the ability to exceed expectations and to maintain our strong presence as PNG’s number one real estate portal, so far. We would also like to thank the following major clients and sponsors for this phenomenal year. A happy new year to:Pacific Palms PropertyBank South PacificNambawan Super LimitedEla MotorsTrans Pacific Assurance LimitedKina BankCentury 21REIAAirways ResidencesRhodes PNGHornibrook NGICRCECPNG Forest ProductsPost CourierFM100 As well as those who have made our progress in 2019 a success.That’s a wrap for 2019. But we can’t wait to share what next year has in store for property developers, agents, and investors like Y-O-U. Until then, keep smiling, keep living and subscribe to our monthly newsletters for the latest real estate happenings and insight.Don’t forget to take part in our survey and win yourself a smartphone worth a thousand kina.

In 2014, Papua New Guinea’s real estate market was on the brink of an ambitious result. The year witnessed the initiation of the LNG Project to which the property industry was at the forefront of a bright future. However, from 2015 onwards, homeowners who had bought at the height of a bloated real estate market found themselves underwater with their loans riding high. Owing more than what their homes were worth on the market, during the turn of events, these risky loans partnered with negative equity to cause an upset between investors and banks in every manner possible. Today, it’s a completely different story altogether. The gradual move towards a healthy property market, far outweigh the events that immediately followed the LNG projects.With the current boom in high-rise buildings, luxury apartments and commercial suites, the scene in Port Moresby has transformed beyond recognition. However the nagging question. However the nagging question that has a habit of popping up from time to time is: how has this change in the property market helped the average Papua New Guinean? This question and more like, do we really know what needs to be built? With a land tenure system that limits land availability, demand surefire answers that bring about “real change”, as well as asking, should developers focus on apartment blocks or should we review our leasing system, in order to spread our wings across PNG’s ample landmass?This is where having an in-depth understanding of the real estate market is critical. Because of the fact that real estate markets are usually unpredictable, you can only project as much. Factors such as home prices, interest rates, and market trends evolve on a daily basis, so a good grasp of these drawbacks and cascades can help you become a better investor in the long run. For three years now, Hausples has been running sentiment surveys to get a better understanding of the wants and needs of home buyers across the country. We know, for example, that only 4% of respondents would actually want to buy an apartment.High-set (stilted) properties are in great demand, however, with 44% stating this as a first preference. Interestingly, demand for land sales are also increasing, suggesting a trend towards erecting prefabricated and kit-homes as a way of keeping costs down.And in terms of location,with respect to the outer suburbs of Port Moresby such as 8-Mile, 9-Mile, and what have you, are becoming highly popular areas of interest, perhaps due to more affordable, land prices and improved road conditions.Less surprisingly, the desire for property prices below K400,000 made up nearly 60% of all respondents; a slight decrease on previous years, yet again, proving that affordable housing remains high on the agenda.Also worthy of note, trends in property prices, new housing statistics, interest rates, plus other economic indicators pose external influences as well on real estate markets. Conversely, being tuned-in to the real estate market - not just what’s happening nationwide - is important when you’re planning to invest in, buy, sell, or rent real estate. This is why the moods and sentiments of prospective buyers and sellers cannot be ignored, because real estate does not exist in a vacuum.The 2020 Real Estate Survey is YOUR opportunity to have your say in PNG’s property market. Whilst we can’t promise that changes are on the horizon, we can, however, convey the information to government departments, real estate professionals, investors and developers. From how much you are willing to pay for your next home, to what type of materials you would like your home to be made of, to your dream land size, are just some of the survey questions that produce concrete insights on the type of background and mindset participating in the survey.Better yet, your answers will help the next generation of home builders and planners in ensuring that housing developments in the future are built around your requirements. In other words, building properties with you in mind. You will also come across questions regarding finance, commercial properties and changes within the industry, which can help to determine what actually influences your preferred choices. All answers will be held in the strictest of confidence.  REASONS TO TAKE PART IN THE SURVEYReceive the latest information on PNG’s real estate marketHave your say in the property marketWin a phone

There’s something smooth about visiting real estate shows - and watching experts piece together their equipment for the inquisitive mind, or discuss with prying interests what it is that makes them unique. Even more clever are the moments of reckoning conjured by the quick-draw mcgraws of the event: Crossroads Hotel offered a taste test of their very own avocado chicken sushi, parallel to their lucky draw promotion which included an accommodation for two with free breakfast, a pizza voucher and a cooler bag.Day two of the 2019 Lae Real Estate Show was as exciting as the day before but with a twist. Nothing spelt “twist” better than day two. Post courier had an array of caps, backpacks, water bottles with pouches and cooler bags on display. Their mascot gave everyone a smile through random photo taking and simply having fun.For budding ice cream lovers, Laga Industries kept them busy. Central Mamina, in close proximity, gave visitors a good run for their money with a tasty coffee experience for K5 a cup and a choice of donut or egg sandwich to complete the experience.  PNG Institute of Architects, in affiliation with Lae Biscuit Company, gave away biscuit-filled plastic bags to unsuspecting visitors to their booth, aside from their purposeful exhibitioning. In front, the PNGIA team displayed a model impression of Lae Biscuit Company’s Transient Employee Accommodation among a series of latest visions planned for Lae.    Niugini Electrical was another show-stopper with their unique range of solar powered equipment such as freezers and fridges. Those in remote villages were enthusiastic to know more about how these products function, as they imagined the odd connection between a solar powered equipment, family gathered around a warm fire, and a coleman lamp.  Security Systems even attracted the curious to their home and business security booth, displaying the gallagher monitoring perimeter fencing and a new generation of starlight cameras with improved light sensitivity, and other essential home security tools. Individual exhibitors, on the day, had much to discuss and elaborate on, in order to be fair to their visitors in knowledge and in understanding. While the show was on target with attendees getting a piece of the pie, other participants such as BSP, Eco Housing, PNG Forest Products, Nambawan Super, Atlas Steel, Hausples and MarketMeri had a piece of the recipe, instead. From home loans, to Trimdek for use on roof and external cladding, and all things property relevant, the exhibitors (named) had it all on sight and on paper.The 2019 Lae Real Estate Show happened in a manner that exceeded everyone’s expectations, with aroused interests, more sign ups, and sufficient brand exposure. Every attendee went home with a piece of mind, and that was the bottom line. It was a day of reckoning with a final hurdle to conquer in the coming weeks: exhibitors to convert genuine, potential leads into sales.

If there was a better theme in today’s Real Estate Show at Sir Ignatius Kilage Stadium in Lae, it would be Hausples’ impressive commitment to the Real Estate Industry in Lae and PNG’s most reliable and trusted online real estate portal. Nothing can compare to such dedicated focus, let alone the ability to pull it off.With the first day complete, the exhibitors are geared up for a busy Saturday. The 2019 Lae Real Estate Show took off smoothly with a healthy, and occasionally overwhelming, crowd. More promising were the number of interests into the stadium and in front of individual booths - a telltale sign of how impressive the collective efforts of Hausples has amounted to.In a more delightful manner, few exhibitors had surprises up their sleeves such as Atlas Steel, who showed up with brand ambassador and former Kumul, Brandy Peter, and Niugini Electrical with their solar powered refrigerator and washing machine. Also joining the fun was Crossroads Hotel, who took advantage of the opportunity to do a lucky draw promotion that centered around free Japanese-inspired breakfast, and affordable living spaces as a whole. “All you have to do is write your name, contact details and drop it into a container which we will draw on the final day,” said Max Meta, senior Chef for Crossroads Hotel, who was also pleased with the turnout of day one, in terms of visitors to their booth. MarketMeri shared the same sentiment, witnessing a fair share of crowd that gave them no room for break.Overall, the general mood was tender, full of smiles and moderate yet fantastic networking, which attracted an estimated  1,000 visitors (a 100% increase on last year). Thus, ending day one of the Lae Real Estate Show 2019 on a promising note.We look forward to Day Two.

One location, one event, two days of interaction between real estate professionals and investorsHausples Limited is a pioneer in real estate shows in Port Moresby and Lae, and is returning to Lae on Friday October 4th and Saturday October 5th, to host an expected 2000 plus visitors and exhibitors under one roof at the Sir Ignatius Kilage Stadium. Hausples delivered the first ever real estate show in Port Moresby back in 2017. In the following year, Hausples brought the inaugural event to Lae. As the only real estate show organizer in PNG, Hausples brings together real estate buyers, sellers, developers and agents under one roof to create a one-stop resource center for real estate investing, in that spirit.  “The 2019 Lae Real Estate Show offers an opportunity for Real Estate related companies to exhibit under one roof and showcase their products to the public in Lae,” said Sharon Tanasu Snelling, events consultant for Hausples Limited, and coordinator for the 2019 Lae Real Estate Show. “This also enables the people of Lae City to have the opportunity to meet with financial institutions, superannuation funds, real estate companies and developers at the venue over the two day period.”  Hausples, together with MarketMeri, recently staged yet another successful show, in conjunction with a car show. The dual event tapped into both the automotive and real estate vibrant markets.The two-day show will serve as a “one-stop” center for serious home buyers, developers, kit home providers, leading banks, insurance and superannuation providers. The event is solely sponsored by Hausples Limited. Since the first-ever real estate show in 2017, at the Sir John Guise Stadium in Port Moresby, Hausples continues to provide an avenue for qualified real estate professionals and investors to meet, learn and plan for real estate purchases. “Property prices have been on the decline since the LNG boom, which affects both rentals and sales, and as such you can say that it is currently a buyers market,” said Tom Snelling, General Manager for Hausples Limited, and also a coordinator for the Lae Real Estate Show 2019. “This is good news for buyers, however it is generally acknowledged that property prices in PNG are still comparatively high. We can’t say if prices will continue to fall, but we can say with certainty that, in the long-term, prices will go up.”   CLICK HERE TO REGISTER FREEAboutHausples Limited is a pioneer in real estate shows in Papua New Guinea, and currently manages Hausples.com.pg website, PNG’s most trusted and highly recommended real estate portal. The site lists well over 2,000 real estate properties for sale and rent throughout PNG.Since its establishment in 2017, Hausples has developed a special bond with its clients and partners, mostly in the realm of real estate, such as developers, sellers, buyers and agents, and investors.Anything from properties for sale, to newest developments, to office spaces for lease in Port Moresby, Lae, or around PNG, Hausples provides a wide variety of information you can rely on for all your real estate needs.  Contact info:Name: Tom Snelling, General Manager of HausplesOrganization: Hausples LimitedAddress: PO Box 32, Port Moresby, NCDPhone: +67574700243 CLICK HERE TO REGISTER FREE

A booming real estate industry in PNG due to a double-digit increase in investment demands - for property, land and building - are the motivation behind the 2nd edition of the Lae Real Estate Show in October.Establishing new leads, promoting products and services, and networking often share the same common goals - increase interest, rejuvenate conversions, and build a general audience of devotees. The 2019 Lae Real Estate Show offers the ideal conditions for Real Estate professionals to exhibit their products and services to discerning visitors. And it works best when it’s all planned and executed in one place.This two-day event scheduled for October 4th and 5th will be held at the Sir Ignatius Kilage Stadium in Lae.First-time home buyers may need a lot of guidance. Investors anticipate a lot more data. Most prefer transactional help, lots of interpretation of documents, and assistance with decision-making. This event is all about these and much, much more.The 2018 event attracted dozens of exhibitors, representing major local property developers in PNG, as well as a 1,000+ visitors comprising different ethnic backgrounds. Participants attended the 2018 Real Estate Show to make valuable contacts, explore new markets, exchange ideas with real estate experts, and keep up-to-date with the latest trends and projects. The 2019 Lae Real Estate Show aims to connect exhibitors from major real estate agencies with as many receptive real estate interests looking for investment opportunities in and around Lae.The real estate event hopes to include local leading real estate developers, service providers and financial institutions to offer a variety to visiting interests. WHY EXHIBIT?With the current demand for property, land and building interests across residential, commercial, hospitality and industrial sectors continuing an upsurge trend, a real estate event such as the 2019 Lae Real Estate Show remains a viable source for potential leads. WHY VISIT?There are many good reasons to visit especially if you’re a real estate enthusiast, be it first-time home buyer or investor. This two-day event promises to be highly informative and educational. Network with industry experts in real estate and financial institutions, or learn more about the role of attracting sustainable real estate investment locally and internationally. Whatever it is that appeals to you, visit and be updated. It’s a once-in-a-blue-moon occasion.

More than 10,000 visitors are expected to attend The Home and Car Expo 2019 at the Sir John Guise Stadium this Friday and Saturday, June 21 to 22. The annual event is an opportunity for people to have access to a "one-stop shop" in, especially, the real estate industry. It gives attendees a chance to experience first-hand what’s new and trending, in addition to a safe and friendly environment without the hassle of long lines and busy schedules. This year, however, Hausples and MarketMeri have decided to bring in the automotive industry parallel to its show for 2019, hence the home and car show. This aligns with popular requests by clients in last year’s 2018 Real Estate Show, and has achieved the status of being the First Car Show in PNG, rewriting the aphorism “The More, The Merrier” to “Even Bigger, Even Better.” Here’s why:ExhibitorsThis time around, not only is the show intriguing for the real estate leaders, but also the who’s who of related industries, to which the likes of Pacific Palms Property, Bank South Pacific, China Railway Construction Engineering Real Estate Co. Limited (CRCEG) and Nambawan Super have each secured a spot. The other confirmed exhibitors include:Airways Residences, Century 21, Kupiane Management Services, EDAI Town and the Real Estate Industry Association representing the Real Estate sector. A large portion of the building industry will also serve the purpose of this event, and is spoken for by PNG Forest Products, Rhodes PNG, Red Sea Housing, Monier, Primus, Hardware Haus, Atlas Steel, Global Kit Homes and Stratostream. The Banking & Finance sector encompasses Trans Pacific Assurance Ltd, NSL, Kina Bank, Fincorp, Westpac, and First Investment Finance Limited, who will be joining both BSP and MoniPlus. The outdoors in front of the indoor complex will be dominated by the automotive industry: Ela Motors to take centre stage with the launching of their latest RAV-4s and HiAce buses. Motorist Mart, the sole distributor of the Futon vehicle models in PNG, will unveil their brand new fleet alongside a range of vehicles and services by 2-Fast Motors and Freeway Motors. AutoParts Online, Terrain Tamers for the 4WD enthusiasts, and Color Studios showcasing their vehicle wrapping, will be close at hand. As well as Islands Petroleum with a variation of fuel and lubricant needs. The security and tracking sector will entail a comprehensive list of security-oriented products and services by Corps Security, Rapid Response, and SecurityPlus.  Additional exhibitors constitute Pacific Foam, Post Courier, Pure Water, Aspen Medical and Lightspeed Internet, going side by side with Post PNG, Telikom, Womens Resource Centre, PNG SME Magazine, RSPCA and PNG Institute of Architects. SP Brewery have also registered with a tent to promote their When You Drive, Never Drink campaign, next to an outstanding 4 Wheel Drive display, also outdoors.SeminarsAt the heart of the Home & Car Expo 2019 are the seminars. A definitive business opportunity for clients and exhibitors to interact, in order to better understand each others’ needs and wants, and gain additional insights into factors affecting decision-making on both sides of the spectrum.Industry experts like Tom Snelling (Hausples Limited), Daniel Berry (REIA), and Kili Tambua (BSP) will be joined by John Leahy (LLLS), Linda Garo (TPAL), Kym Yong (EDAI Town Ltd), David MacKenzie (Rhodes PNG), and Yawetau Salem (Kina Bank) in the panel discussions. The expert speakers will cover specific subjects such as stratos titles, house pricing, and home loans. Supplementary topics will take on affordable housing and finance, building techniques, and home security. The panel discussions are interactive and public participation is greatly encouraged.FM 100’s Cullighan Tanda will host and moderate the seminars.The seminars will take place in the foyer and will be live streamed to the exhibition area. Access is available between the Rhodes and PNG Forest Products booths and entry is free. Show and ShineA Motor Show is not complete with a Show and Shine; a display of unique and modified cars in PNG. Porches, BMWs and Mercedes to highlight the show and shine plus heaps more.Amenities Creche or Kids’ CornerGiving parents an extra hand with childcare while they explore the show, was a special consideration for the Home & Car Expo 2019.  An area has been allocated for children to relax and be entertained under the professional supervision of PlayStation.A bouncy castle will also add to the kids’ entertainment. Food StallsHausples and MarketMeri had to ensure the event runs smoothly and safely for attendees when eating. Clean, spacious food stalls will count towards this initiative. Modelling the food stalls are Fab Catering, Food Station, Paradise Foods, Central Mamina Fresh Coffee and Italian Gelato, plus other smaller outdoor cafeterias. SecurityThe safety and security of visitors and exhibitors is a key concern for the planners, and this will be overseen and managed by SecurityPlus. Security personnel to be strategically placed inside and out. Visitors will be checked on entry, and weapons of any kind are strictly prohibited.CCTVs will feature throughout various angles of the indoor and outdoor arenas. It’s a counter measure by the organizers in ensuring a high level of safety and security for both visitors and exhibitors. EmergencyIn the unlikely event of a medical emergency, Aspen Medical will have trained professionals and an ambulance on standby. Registration DesksA vital component to the success of any event are the visitors. This is why the Home & Car Expo 2019 has registration desks at the entrances. Registration is free, and if you haven’t registered yet online, you can still register upon arrival. On the whole, this Friday 21 and Saturday 22, suspense will end, anticipation will conclude, and understanding begins. It’s the “Even Bigger and Even Better” exposition for real estate in 2019. The show starts at 9am and ends at 4pm. Again, entry is free, and everyone is welcome.Hausples Limited wishes to extend its gratitude to the Sponsors, Exhibitors and Media Partners who have made this event possible.

BSP PNG | THE Home & Car Expo is set to be bigger and better this year with the backing of Diamond Sponsors such as Bank South Pacific (BSP) who chipped over K49,000 for this event scheduled for Friday 21st to Saturday 22nd June, 2019, in Port Moresby.Staged by Hausples, it will once again be held at the Sir John Guise Stadium Indoor Complex. With the added feature of the Car Expo, which will be staged outdoor, this event is set to provide potential Home and Car owners all the necessary information on how to go about owning a home or buying a car.In receiving the BSP sponsorship commitment, Hausples General Manager Tom Snelling said, the show will continue to offer agents, developers and those related to the property industry, the chance to exhibit to a large local and international audience of buyers, renters and investors.“As PNG’s leading bank and provider of home loans, BSP’s presence is very important to the show.  The financial side of Real Estate is one of the biggest challenges that face every potential home buyer and it is critical that they understand exactly what options they have,” said Mr Snelling.In presenting the K49, 025 sponsorship cheque, BSP Area Manager – NCD, Natasha Sirimai, said that her team from the NCD branches will be available during the two days to showcase and provide information on BSP’s Home Loan and First Home Ownership Loan products available to the public.“We can also do initial pre-assessment for customers at the expo and provide advice,” said Ms Sirimai. “Visitors to BSP’s Booth and fellow exhibitors will also have the opportunity to open personal accounts and to learn more about BSP and its various products and services through face to face conversations with our team on site who will be happy to assist.”BSP’s Deputy General Manager – Sales & Customer Service, Kili Tambua will also be part of a panel of discussion and will highlight BSP’s Home Loan products during this session on Friday 21st June, 2019, at 11 am.

Technology may have changed the face of real estate investment, but annual real estate shows remain an effective tool for developing interest in your property and generating curiosity.The best business case to attend the Home & Car Expo 2019, this Friday 21st and Saturday 22nd at the Sir John Guise Stadium, is the wealth of knowledge and actionable strategy that you will take home.Hausples Limited saw a need to bring together the real estate industry under one roof to give the public a first-hand insight of the sector: how it functions and the factors affecting decision-making behind the scenes. Better still, the inclusion of a car show that has inspired a show and shine, expanded list of exhibitors, high-level lineup of seminar speakers, and enhanced amenities like the preferred bouncy castle, incredible snacks and goodie bags. Of course, there’ll be goodie bags filled with enough information to help with your home buying experience.As the adage, “No man is an island”, likewise no event exists as an island on its own. The Home & Car Expo 2019 is part of a larger movement - in your industry and your neighborhood. An all-inclusive list of cross-section products and services from a variety of related industries, apart from home and car, will be on offer.The moment you set foot in the entrance, you’ll be on a path of interaction, information and education.So if you haven’t registered yet, click here. You can also register on the day when you attend.Your registration will go a long way in helping us plan future events that are tailored to your needs.  Register to Visit

Aspiring homeowners have much to contemplate in a fluid real estate market. Nobody wants to forge a blunder when purchasing a home, or even a car. Everyone deserves an answer.Meet with the best in real estate, car and finance this June 21-22, at the Sir John Guise Stadium. The Home & Car Expo 2019, exists to address the needs of prospective home or car buyers. As an evolution of The 2018 Real Estate Show, it is set to be “even bigger and even better.”.An expanded list of real estate contributors from agents, builders, finance and the security industries will be exhibiting their products and services in the air-conditioned comfort of the Sir John Guise Stadium’s indoor arena.Ela Motors, one of the major contributors, will promote their new and improved HiAces and Rav-4s outdoors, as well as the other services they have to offer. Some of the exhibitors of the Motor Show include 2 Fast, KR and Freeway Motors - as used car dealers. The Security Industry will see Corps Security, Rapid Response and Shoreline exhibit each of their uniquenesses in their products and services as well. Islands Petroleum (fuel), BSP, First Investment Finance and Moni Plus (finance), in conjunction with Online Autoparts, Color Studios and Trans Pacific Assurance will also showcase their products and services.This will run adjacent to a Show and Shine;  a collection of supercars in PNG which will include Porches, BMW, Mercedes and more. If you have a car worthy of consideration for the Show and Shine, please feel free to contact us! Family, friends, or solo; everyone’s welcome. Entry is free. There’s something  for everyone to enjoy, such as supervised kids corner and bouncy castles for the children, and clean and spacious food stalls for those who come with an empty stomach, and a chill zone for the grown ups.Attendees (both the public and industry experts) will also get the chance to interact with each other through the seminars held in the foyer of the stadium. From homeownership schemes, to building technologies, to controlling your home security with your phone; discover how to connect the dots and know what to do, when to do it and why you’re even doing it in the first place.A safe and secure location for all is paramount for this occasion, and will be warranted by SecurityPlus. Aspen Medical will be on hand to administer medical help if needed. Based on previous experience, Hausples and MarketMeri saw this as a welcome essential.The Home & Car Expo 2019 is sure to be entertaining, highly informative and educational. This is a great opportunity to rub minds with the best in the business, when they share their knowledge, experience and success tips. So be sure to mark your calendar for June 21-22. Prepare to be overwhelmed, because you’ll be leaving this event feeling optimistic.  Register to Visit

Hausples and MarketMeri are delighted to announce some of the speakers for the corresponding seminars in the upcoming Home & Car Expo 2019 at the Sir John Guise Stadium on June 21-22. Register to Visit Tom Snelling, General Manager of Hausples and MarketMeri will open the discussions, outlining the plenary topics and the expected outcomes from the speakers and panel discussions. Mr. Snelling’s professional background commands immense experience in marketing and web design, particularly in the real estate industry.Kili Tambua, BSP’s Retail Deputy General Manager, has a Master’s Degree in Business Administration from the University of Papua New Guinea, combined with a record 20+ years at BSP. He will be expanding on BSP’s role in helping to improve the growth of Real Estate, and address frequently asked questions regarding BSP’s First Home Ownership Scheme.Linda Garo, a regular participant and enthusiastic insurance professional, will address evolving FAQs surrounding Home Insurance. Ms. Garo continues to be a shining example of how being an integral part of a team can help progress your career through dedication and hard work.  Additional speakers include:David Mackenzie, Business Development Manager of Rhodes PNGDaniel Berry, Business Development Manager of Raku37 and President of REIAYawetau Salem, Head of Personal Customer for Kina BankAge S. Patana, Business Development Manager of Shoreline TechnologiesJohn Leahy, Partner at Leahy, Lewin, Lowing, Sullivan LawyersKym Yong, Director of EDAI Town Development LimitedThere will also be a range of panel discussions, whereby leading experts will discuss a variety of subjects from finance, to building techniques, to affordable housing and comprehensive insurance options. You ask, we discuss. Public participation is a welcome compulsory.This pulsating event will embody a forum of knowledge exchange and partnership development, guaranteed to be the go-to-place to get inspired by the best and brightest who are directly or indirectly linked to the real estate industry, to gain valuable resources and to experience tons of fun. Audiences are sure to leave with a sense of optimism.Panel discussions will start at 10am and conclude at 4:30pm on both days, Friday 21 and Saturday 22.Seminars will be held at the foyer area of the Sir John Guise Indoor Arena.  Free access is available through the doors in between Rhodes and PNG Forest Products booths. The seminars will also be live streamed to a projector in the main exhibition arena.For more information on the Hausples, please visit http://www.hausples.com.pg  Register to Visit