Port Moresby continues to evolve as a city with its architectural landscape pointing to a nation in transition.
A decade of positive economic growth and windfall revenue, generated by a spike in investments in the resource sector, triggered a building boom in the Papua New Guinea (PNG) capital. Buildings with contemporary architecture and offered modern amenities were constructed in different parts of the city.
The new look Port Moresby saw it hosting of the 2015 Pacific Games, 46th Pacific Islands Forum Leaders Summit, the 2016 FIFA U-20 Women’s World Cup, the 2017 Rugby League World Cup and this year’s APEC.
The real estate industry has been the main beneficiary of this investment in property development with multistory buildings and houses constructed in suburbs such as Town, Touaguba Hill, Paga Hill, Waigani and Seven Mile. Properties in Town, Touaguba Hill and Paga Hill are considered upmarket – due to increased security presence and accessibility to amenities as well as the CBD – but are within the same price range. Prices drop as one begins to move away from the three suburbs to other localities.
Renting in other suburbs such as Boroko, East Boroko, Waigani and Gordon has its benefits including cheaper shopping and shorter walking and driving distance to government buildings, diplomatic missions and public amenities.
Short-term and long-term rental are available and regardless of whether you are looking to rent or buy, feel free to visit the best property site in PNG www.hausples.com.pg.
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Ela A1-2: 3BR The Residency Apartment
Call Agent - Ela A1-2: 3BR The Residency Apartment
Contact Agent - Ela A1-2: 3BR The Residency Apartment
DRL B6-3 : 2BR Tierra Apartment in Town
Call Agent - DRL B6-3 : 2BR Tierra Apartment in Town
Town, Port Moresby, NCD, Papua New GuineaMichael Pinoko
Contact Agent - DRL B6-3 : 2BR Tierra Apartment in Town
5Bedrooms All En Suite @ Bella Villa Apartments
Call Agent - 5Bedrooms All En Suite @ Bella Villa Apartments
Town, Port Moresby, NCD, Papua New GuineaDeborah Hairoi
+675 325 0822
Contact Agent - 5Bedrooms All En Suite @ Bella Villa Apartments
5 Bedrooms @ Bella Villa Apartments
Call Agent - 5 Bedrooms @ Bella Villa Apartments
Town, Port Moresby, NCD, Papua New GuineaShirley Yip
+675 325 0822