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Map of Hohola, Port Moresby, NCD

Office for Rent in Hohola

Hohola, Port Moresby, NCD

K3,000/moK86per m² per annumAbout 5% under the district's rate per m²

Listed 2 years, 7 months agolast updated 1 year, 11 months agoworth asking whether it is still availablePrice Reduced

35 m² floorFloor 1

From the agency

About this property

Renovated Office Space in Hohola, Port Moresby: The Ideal Workspace

In the bustling heart of Port Moresby, the capital city of Papua New Guinea, lies a gem of a workspace – a 34 square meter office space in Hohola, National Capital District (NCD). Recently renovated to meet modern standards, this office space offers a prime location coupled with essential amenities that make it the perfect choice for businesses seeking a functional and secure workspace.

Located in Hohola, a strategic area known for its accessibility and proximity to the Central Business District (CBD), this office space provides unparalleled convenience for businesses of all sizes. With easy access to major transportation routes and key business hubs, commuting to and from this location is a breeze, saving valuable time for employees and clients alike.

Market intelligence

Where this home sits

From the 80 Offices for Rent in Port Moresby on the market right now

Hohola has only 7 of this kind listed, so this compares against Port Moresby.

Monthly renthigher than 23%

cheapest heredearest here

K3,000/mo against a district median of K15,000/mo. The middle 60% of the 77 Offices for Rent in Port Moresby that publish a rent ask between K1,590/mo and K45,068/mo.

Spacelarger than 3%

smallest herelargest here

35 m² — larger than 3% of the 39 Offices for Rent in Port Moresby that publish both a price and a floor area. Of the 77 that publish a price, 38 publish no floor area at all. The median is 327 m², and the largest tenth start at 811 m².

K15,000/moDistrict median
K91Median per m² a month
K86This home per m² a month

Put those two together and the price makes sense: it asks less because there is less of it, not because it is good value for what it is. Per square metre this home works out at K86 a month against a district median of K91, which is above 46% of the 39 Offices for Rent in Port Moresby that publish both a rent and a floor area. That is 18 of them asking less per square metre than this one, and 20 asking more.

Rent per m² a month, against the district

Every figure here is a monthly asking rent divided by a floor area, across the 39 Offices for Rent in Port Moresby that publish both.

The cheapest quarterthe 25th percentileK57/m²
This homeK3,000/mo over 35 m²K86/m²
Typical herethe district medianK91/m²
The dearest quarterthe 75th percentileK110/m²

The wider market

The same measure — monthly rent divided by floor area — across this district, the one above it and the city.

Port Moresby39 of 80 publish a floor areaK91/m²
NCD39 of 80 publish a floor areaK91/m²

77 of 80 listings carry a price · the per-m² figures use the 39 that also publish a floor area; 38 publish none · These are asking prices on live listings, not sold prices — Papua New Guinea has no public record of what homes actually sell for · See all 80 in Port Moresby →

The home

What this offers

Amenities

Air Conditioning

Security

Safe24 Hour SecuritySecurity Lights
Property typeOffice
Property ID30795
Listed2 years, 7 months ago
Updated1 year, 11 months ago

The neighbourhood

Location

Hohola, Port Moresby, NCD

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