It’s always interesting to see hotels keeping up with the ever-fluid nature of modern life, particularly as they are such highly experiential places. Airways Residences is one such place that has gone beyond the stars in enhancing better living around eco-friendly initiatives, and the privileges that supplement the experience. Encompassing over 200 fully serviced Apartments, the design of Airways Residences is in harmony with a natural surrounding landscape outshining the rush of daily life in to a residential retreat. The Residences are considerably larger than standard hotel accommodations, affording sufficient space for relaxation. Designed for both long-term and short-term stays, the Apartments feature one, two, or three bedrooms, each complete with separate living and sleeping areas, that allows you the privacy of conducting your own business or entertainment as you would at home. It’s a provocation of your imagination.Kitchens are equipped with modern and well-maintained appliances, and cooking accessories needed to put together an appetizing meal, in addition to ample rooms to stock your favourite foods. A few Apartments have their own backyards and balconies where Residents can unwind quietly, or engage with other Residents in a one-of-a-kind exclusive ‘Recreation Park’ in Port Moresby, with full access to the neighboring award-winning Airways Hotel that shares the landscape. The residential Apartments are surrounded by lush, manicured grounds with medium high-rise and single level villas spread throughout the grounds, together with thoughtful conveniences such as a mini supermarket, an ATM, pharmacy and medical clinic.Airways Residences excels with high standards in both housekeeping and maintenance, and with its strong community spirit, it is a must-live experience.In sync with the Airways Residences are two ground-breaking expansion projects that are coming soon. Both have the capacity to shock and awe Port Moresby, and even Papua New Guinea: C Residences 8 and Gas City. See www.airwaysresidences.com.pg/DEVELOPMENT.The C Residences 8 and Gas City are the blue-print of Airways Residences etched in fully-serviced luxury apartments, up-market contemporary designs, and brooding lavish amenities. Airways Residences will further become a personal story of magnificence and fulfillment for every visitor who wishes to experience the finer things in life.Discover The Airways Lifestyle...Click on the link below to view the one bedroom, mid-range villas available at Airways Residences: https://www.hausples.com.pg/airways-residences-mid-range-villas/13498/

The status of an iconic building can be vastly personal. However, some buildings reach iconic status without dispute, like the incredibly-impressive Noble Center currently under construction in downtown, Port Moresby. Unprecedented in size and sophistication, the Noble Center is a graceful giant in the skyline, opening up views of the silhouettes of surrounding buildings, and the three major intersections; Stanley Esplanade, Champion Parade, and Musgrave Street. Construction is set to conclude in August, 2019. The building itself is a vertical extension of an entrance lobby, parking, and a multi-functional lounge, in addition to the office spaces at a total height of 95.6 meters.Project ForecastConceived by China Railway Engineering Group (PNG) Noble Real Estate Co. Limited, the structure is a 23-storey nirvana of living, working and recreation worth over K550 million, and dominates a significant portion of land overarching Port Moresby’s Fairfax Harbour. The building sits on a 1,808 square meter of area, enclosed by a construction area of 29,125 square meters (also the gross floor area). The Noble Center was designed to allow for the development of approximately 2 basements, a below ground floor, 23 floors above the ground floor, dual reception areas, and 7 commercial areas. This graceful giant sits adjacent to the IRC Building, and between the ANZ Bank, Kina Bank, Bank of PNG, and the Harbourside West and East buildings on the fringes of Fairfax Harbour. The overall design and outlook of The Noble Center from the Fairfax Harbour looking in gives it an organic feel that blends the surrounding environment. Building AttributesSeveral prominent attributes contribute to The Noble Center’s unique structure. Chief among them are the vertical landscaping concept, automatic physical sun-shading, and tenancy access control. Vertical Landscaping ConceptOtherwise known as the Green Concept is the theory, science and style of buildings designed and constructed in accordance with environmentally friendly principles. Concurrently, The Noble Center is utilizing this theory to effect with its vertical gardens visible throughout its structure, and comprises a living tapestry of plants and flowers found locally. This concept has become a worldwide trend and is aimed at addressing IEQ and employee health concerns with a healthier building environment.Automatic Physical Sun-shadingDue to the often dry and humid weather of Papua New Guinea, and the exposure of The Noble Center to direct sunlight, this concept was considered as a measure to control the peak of building heat. The shading device also achieves two objectives in addition to dramatically keeping heat at a minimum.  It improves user visual comfort by controlling glare and reducing contrast ratios, and offers the opportunity of differentiating one building facade from another. This can provide interest and human scale to an otherwise undistinguished design. Tenancy Access ControlThe security of a building and its tenants is of paramount importance. High tech security systems relevant to a building’s design should be considered to ensure a safe and secure location for its occupants. With this in mind, The Noble Center has in place what it terms as a tenancy access control. The system allows tenants to access only their office, the floor on which their office is located, the lift, level 8 and the car park area. It’s the first layer of defense against unwanted visitors. Maintaining the access control system database in line with the tenants wishes is the foundation to the system’s integrity. As a safeguard to only allow the right people to enter the tenants’ offices, the security device is managed through a condensed access control system.AmenitiesThe Noble Center will incorporate a variety of cafeteria concepts and retailing with local and international starters, and modest prices to select.Tenants will enjoy all the amenities that come with occupying this graceful giant in the skyline of downtown, Port Moresby. As well as other additional exclusivities that are iconic, only, to this unique landmark structure - the tallest in Papua New Guinea and the pacific as a whole.For more information, you can visit: https://www.hausples.com.pg/the-noble-center/13448/ or www.hausples.com.pg

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

Attendees will experience a 100,000+ square foot event with an array of real estate news, latest technology, family-friendly events and networking!Hauples and MarketMeri are all hands on deck with the upcoming Home & Car Expo 2019, scheduled for June 21-22 at the Sir John Guise Stadium. This two-day event will bring together real estate professionals and representatives from several associations to network, make deals and explore new technology, and is lauded to be the “best one yet”. Whether it’s a first home purchase, or a perfect plot of land, or even a new car, this show will have something for everyone.“Our real estate shows have grown year on year, since the first one in 2017,” said Tom Snelling, General Manager of Hausples Ltd. “We wanted to explore intricate ways of increasing the diversity of our audience by including similar, high value purchases. Properties and vehicles are both large investments that often go hand in hand, so the Home & Car Expo 2019 makes sense,” he added, noting his excitement about the inclusion of vehicles this time around.Pacific Palms Property, Century 21, Airways Residences, Kupiane Management Services, EDAI Town and the Real Estate Industry Association make up the current list of real estate exhibitors that will be taking part in the Home Show. There will also be a large inclusion from the building industry, represented by CRCEG, Rhodes PNG, PNG Forest Products, Red Sea Housing, Atlas Steel, Hardware Haus, Global Kit Homes and Stratostream. The Banking & Finance sector will constitute BSP, Kina Bank, Trans Pacific Assurance Ltd, Nambawan Super, Fincorp, Westpac and FIFL.  Additional exhibits from Pacific Foam, Post Courier, Pure Water, Shoreline Security, Aspen Medical and Click TV will be on display as well.  Outside will see PNG’s leading car deals, including Ela Motors who will be showcasing the new RAV-4 and HiAce, beside 2 Fast Motors, Freeway Motors and KR Motors, as well as accessory providers like AutoParts Online and Terrain Tamers for the 4WD enthusiasts, along with Islands Petroleum for fuel and lubricant needs. Vehicle tracking will also spotlight highly with participation from Rapid Response, Corp Security and Shoreline.This will coincide with the “Show & Shine”; a collection of supercars, bikes and vehicles of interest. Car, truck and motorcycle devotees, alike, are invited to bring their vehicles for display in the show - all types and age are welcome.In keeping with its family-friendly theme, the Home & Car Expo 2019 will comprise bouncy castles for the children, outside. Plus an indoor supervised creche sponsored by Play-Station, and a variety of food stalls, both indoors (Fab Catering, Food Station, Superior Coffee and Paradise foods) and out. As always, a high-level of security will be ensured by SecurityPlus, in enabling a safe and inviting haven for everyone. The two-day event promises to be informative, entertaining, and educational. Everyone is welcome to attend the free seminars, which will include Kili Tambua of BSP, John Leahy (LLLS), Kym Yong (EDAI Town) as well as panel discussions covering a wide range of land and property related matters. The seminars will be live-streamed into the arena as an enhanced experience.Needless to say, the Home & Car Expo 2019 will offer valuable content to their participants and visitors. Session content will cover a variety of topics ranging from trends and technologies real estate professionals should know, to buildings and climate concerns, to the latest motor vehicle innovation, and more.If you wish to attend the show, you may register either online or on arrival.  Entry is free and we look forward to seeing you there. Register to Visit

Hausples.com.pg threw one of the biggest events last year. It plans to raise the bar even higher, however, with this year’s PNG Home and Car Expo. It’s happening on June 21 and 22 at the Sir John Guise Stadium. The event will be the largest to date, with all of PNG’s leading property businesses there showcasing their goods and services, free seminars, food stalls and the introduction of a spectacular Motor Show.This event will be a gathering of all the top names in PNG’s real estate market. This includes agents, developers, finance and insurance companies and much more. Anyone can come to the show to meet experts, learn about buying a home, or even shop for the best deals if you are getting ready to buy. Save yourself the hassle. Instead of visiting offices all across the country, come when they are all in one place.   Additionally, there will be seminars held in the foyer and industry experts will be discussing key aspects such as legal issues, affordable housing and the First Home Ownership Scheme. There will also be panel discussions which will be open for the public to ask questions. Shifting into high gearThere will be more than just property companies at the show, too. After all, homes and cars are often two of the biggest purchases you will make in your lifetime.Hausples’ sister company and leading classifieds website MarketMeri.com will be hosting the Motor Show just outside.  Ela Motors are taking centre stage and will be launching the new RAV4 and HiAce bus. BSP, Trans Pacific Assurance, Islands Petroleum and 2-Fast Motors will each have their own booth. Corps Security and Shoreline will also be there showing off vehicle tracking systems. Online AutoParts and Terrain Tamer will be present with plenty of parts and accessories and Color Studios with have their flashy vehicle wraps on display.  What’s more, expect to see companies displaying a full range of automotive components including car audio, tyres, pickup services and much more.But wait! A Motor Show isn’t complete without a Show and Shine. MarketMeri thinks this will be the best one you’ve ever seen. There will be a Porsche, a limited edition Range Rover and some classic motorcycles from the ’70s. There will also be some surprise supercars making an appearance. But you’ll have to come to find out for yourself what they will be. Bring the whole familyHausples is committed to providing a safe, family-friendly environment and security will be provided by SecurityPLUS who have a fantastic reputation with events of this scale. There will be food stalls inside and outside as well as a bouncy castle for the little ones.In short, it is sure to be a weekend to learn, to shop, to meet new connections and just a weekend of fun. Entry is completely free. But go to Hausples.com.pg now to sign up for entry or simply register on arrival. With just under two months until the doors are opened at the 2019 Expo, exhibitor bookings are at an all-time high with over 90% of available floor space already sold, so you will have to act quickly if you want to ensure that you have a presence at this huge event. For remaining 2019 PNG Home and Car Expo exhibitor space enquiries contact Civan (English/Tok Pisin language) at +675 74700243 or by email: [email protected]. Read the latest real estate news on hausples.com.pg today!

Hausples.com.pg, Papua New Guinea’s leading property portal, is pleased to release the results of the 2019 Real Estate Survey.  The survey delivers key information about the property market from the perspective of the general public and analyses key factors such as rentals, sales, financial literacy and consumer feedback.This valuable report is the third annual survey of its kind, which means we can compare results against previous years to see the trends that are shaping PNG.For example, indications show a significant increase in middle-income earners which is a positive sign for property sales. The questions were drafted specifically for a local audience.The survey was distributed electronically to the Hausples.com.pg email database, its social network followers and visitors to the Real Estate Shows resulting in nearly 1,500 respondents over a two week period earlier this year.The year 2019 will undoubtedly be an exciting year of progress in PNG. This year we saw a noticeable upward shift in the budgets of our respondents. What this means for society at large is that growth is leading to progress, as people have more money that they want to put to good use. They want it to pay dividends and they are increasingly turning to real estate and property ownership.Results are broken down into categories that span rental properties, purchases, market perceptions, feedback and more. In the renter’s market we saw that, in general, preferred to rent an apartment; a notable change compared to the previous year. The high-demand areas have remained the same, staying in residential-focused suburbs. Most people are still looking for affordable rentals, perhaps because they are saving up for a future property purchase. Suburban areas such as Waigani, Boroko, East Boroko and Korobosea held the most demand, with notable increases in 8 Mile and 9 Mile.Turning to the buyer’s market, there is still a major obstacle with perceived affordability. Most people think real estate is becoming prohibitively expensive. Despite this fact, the perception is that now is as good a time as ever to buy. Houses, specifically high set houses, still account for most buyer demand. It seems that, as far as location goes, buyers want a location that has an attractive price, and one that has the infrastructure. After all, if you put money down for a property, you want it to increase in value. The Chief Executive Officer of Hausples, Mr Mathew Care recognizes that “The survey results display that Papua New Guineans still prefer free-standing PNG style houses in the suburbs of Port Moresby. The 2019 PNG Real Estate Survey provides an opportunity for those involved in the real estate sector to strategize multifaceted plans to create opportunities for quality and affordable housing options for PNG.”Perhaps the most interesting insights of the year came from the shift in media people of PNG use for information about real estate. While Hausples.com.pg remains a popular outlet, the importance of Facebook swelled massively. More people want instant access to information on their mobile phones or computers. “This year's survey has shown distinct shifts in attitude in the type of preferred housing when comparing long-term against short-term living. Apartments appear to be the preferred choice in rentals and high set housing being the preference for sales.” Said Mr Tom Snelling, General Manager of Hausples. “Affordability is still a key issue for most, and we hope that the data contained in this survey will assist those with a vested interest in the real estate market to focus efforts in these areas.”There will be further opportunity for queries or suggestions on the survey results during the next Hausples Real Estate Show at the Sir John Guise Stadium on 21st and 22nd June and Mr Snelling will be discussing the survey results during the seminars.CLICK HERE TO DOWNLOAD FREE

What’s the most expensive thing you own? Maybe it’s a house. Perhaps it’s a car. Maybe you own a 24k gold Rolex. No? Well, we can all dream. For the first two things, however, Hausples.com.pg has an event that you need to check out. The Home & Car Expo 2019 is set to be one of the year’s biggest events in Papua New Guinea. We’ve done shows in the past, but you haven’t seen anything like this.   It’s happening at the Sir John Guise Stadium on June 21 and 22. Whether you want to buy your first home, shop for a new car, or look for that perfect plot of land, this show will have something for you.There will be prizes, car test drives, seminars led by industry experts, and much more. Oh yeah, and did we mention the entry fee? There is none! This event is completely free. Read on to see how you can register now. Kicked Into High GearThe list companies that will be showing at the expo is a who’s who of Papua New Guinea’s business sector. Bank of South Pacific, Pacific Palms Property and Industrialized Business Systems will be at large diamond-class booths. Kina Bank, Airways Residences and Trans Pacific Assurance will also be there waiting to greet you. Additionally, Red Sea Housing, Nambawan Super Limited, Shoreline Security, Rhodes, PNG Forest Products, Century 21 and EDAI Town will be participating along with Westpac, Atlas Steel, Champion Engineering and Pure Water.Outside, Ela Motors will be taking centre stage and showcasing the new range of RAV-4 and XXX, and 2-Fast Motors, BSP, TPAL and Shoreline will be featured at the Motor Show. More huge names are expected in the coming weeks. You won’t want to miss out on the fun.Tom Snelling, general manager of Hausples, noted his excitement about the inclusion of vehicles this time around.“Our real estate shows have grown year after year since the first one in 2017 … Properties and vehicles are both large investments that often go hand in hand, so the Home and Car Expo makes sense,” he said.The Post-Courier is confirmed as a media partner for the event.If you have a business or agency you want to promote at the event, please contact us. There are still a handful of booths available for both the real estate and car sections of the show. Interested parties can contact us here. Bring the Whole FamilyMark your calendar for June 21 and 22. And bring the whole family, as well. This will be a family-friendly atmosphere. There will be a managed creche, bouncy castles, food stalls and refreshments available over the two days. The car show will also have a “Show and Shine” area where special vehicles, including 4WD’s, supercars and vintage vehicles will be on display.And, of course, the real estate section will host tons of agents, developers, dealers and related companies at a central location.But maybe you’re still debating whether you want to buy. There will also be free seminars about the real estate industry in the foyer of the stadium. Experts will weigh in on a range of topics such as how to buy your first home, legal aspects of buying, building techniques, and much more. Everything will be streamed live across the arena. Where Do I Sign Up?Registration is quick and easy. You can register online here. But you can also register on the day of the event when you come. Make sure to be there on June 21 and 22. Also, RSVP on Facebook to get updates as the show draws closer.

A top official of the association of realtors in Papua New Guinea (PNG) said there was a dramatic shift in the real estate sector of Port Moresby in the last few years.Daniel Berry, Vice President of the Real Estate Industry Association (REIA) of Papua New Guinea, noted that the current properly market in PNG’s capital city is markedly different from the one that grew tremendously partly as a result of a major natural gas project.Mr. Berry made this observation while speaking to attendees of the 2018 PNG Real Estate Show held at the Sir John Guise Stadium in Port Moresby.“The residential, commercial, and industrial markets have all shifted from one of low inventory, high prices, and high demand to one of high inventory, lower prices, and lower demand,” noted Mr. Berry, who was speaking on the topic, “Impact of Rapid Growth of Housing Development in Port Moresby”. PNG LNG ProjectIn 2008, PNG launched a $19 billion liquefied natural gas (LNG) project near Port Moresby, triggering an influx of people- both locals and expatriates- eager to cash on or take advantage of the economic and employment opportunities presented by the monumental project.To illustrate the point, Port Moresby, where most of PNG’s real estate can be found, saw its population rise from 364,125 in 2011 to over 400,000 four years later. Consequently, demand for housing and commercial spaces grew exponentially.To meet the high demand, which many developers hope will continue indefinitely as long as the LNG project chugs along on a high gear, many developers started building numerous residential, commercial, and industrial development projects in different parts of Port Moresby and areas nearby.Soon, PNG’s capital city was starting to see more commercial buildings, condo and apartment complexes, and other residential developments.From 2008 up to 2013, the real estate sector in Port Moresby experienced tremendous growth. Demand for property was high, with supply struggling to catch up. Prices and rental rates for real estate were also high.In 2014, the construction phase of the LNG project winded down, and things began to turn differently for the sector. In the next couple of years the property sector flattened, and slowly began a downward spiral.For one, there was an exodus of expatriates, many of them working in the LNG project. Many of these same people were the main customers for upmarket rentals in Port Moresby. In the same time span, the property sector in Port Moresby was also negatively affected by declining government revenues, general economic slowdown, among other factors.Mr. Berry said that supply went up, demand went down, and prices also decreased. The trend has continued to this day, and, sans a major stimulus, is expected to continue into the foreseeable future. Though the property sector did benefit and experienced a short-lived bump in the wake of PNG hosting the Asia-Pacific Economic Conference (APEC) 2018 Summit last month.   Real Estate in Port Moresby“Now, Port Moresby has become a renters market, as there are many vacancies across all sectors of Port Moresby’s real estate industry,” he stressed.A renters market usually occurs when there is more supply than demand in the property market. In such case, rental prices fall and tenants have the luxury to negotiate for a much lower rate.“This is primarily been due to over-development in both commercial and residential units by developers who anticipated that the LNG boom would continue indefinitely,” Mr. Berry added.Mr. Berry’s assessment found support in Mike Quinn, President of REIA. According to Mr. Quinn, the LNG project created a huge, temporary bubble whose effects, once it burst, were largely unanticipated.“The PNG LNG project made a major impact on real estate in Port Moresby and Lae, but it created a big bubble. After the contract finished the market did not anticipate the extent of the downturn that would follow,” Mr. Quinn told the local media.

Savannah HeightsThe busy suburb of Waigani has been a more preferable choice for developers and businesses today as we see the emergence of both commercial and residential properties. And why would they not see this as an ideal location? You have the convenience and accessibility of transport, shopping, sporting venues etc and the fact that it is literally the link to the airport via the Kumul Flyover.Enter Savannah Heights. With the convenience of living within a secure gated community, Savannah Heights offers protection and piece of mind for those looking for accommodation with value. Located in the popular suburb of Waigani, the estate becomes one of the new commercial and residential developments in the heart of PNG’s political home. Appropriately situated within a reasonable distance to Vision City, Hotels, Parliament House, Sir John Guise Stadium and with the added advantage of an effortless route to the airport, it’s easy to see why Savannah Heights would be the “go-to” solution for businesses and dwellers alike. The architectural design sees the main building comfortably perched on the hill which gives it a perfect view stretching as far as to the sight of the airport and allows a soothing breeze to flow through valley where it rests. The structure itself comprises of 3 levels with customizable office space. The top boasts one of Port Moresby’s more popular dining outlets, Bistro, with its wide range of cuisine ranging from western to asian dishes. Not too far from it stands the newest in high rise buildings, the Stratos Towers. The building having been completed end of 2012, provides another option for businesses looking for quality office space with its various advantages. Whether you’re a business or resident, Savannah Heights is definitely worth the consideration. Rosewood ApartmentsBuilt within the well established Savannah Heights, Rosewood Apartments arises as one of Port Moresby’s newest residential investment opportunities, Rosewood Apartments. Completed in 2012, the 5-storey apartments bring the latest in luxury living in the busy suburb of Waigani. Within the building comprises ten luxury apartments that provide elegance and attention to detail for the eye. The generous floor plan of approximately 155 sqm allows three bedrooms to cradle comfortably inside with each room having an ensuite. All apartments are tastefully decorated due to well thought out architectural designs that stand out as soon as you walk through the doors. Tiled floors help to keep the space cool to counter the heat and the airconditioning compliments by adding the extra touch of relief.According to the 2018 Hausples Real Estate Survey, almost a quarter of the total respondents stated Waigani as the most desirable suburb to live in. For expatriates and newcomers, Waigani is not only the seat of the government of PNG but also the suburb with the MOST things to do as a family or individually. Within the secure compound, the apartments provide a convenient location within reach to shopping centres and restaurants which gives it a slight advantage with developments slowing emerging in the suburb of Waigani. Along with the liberal parking space, plus a Bistro and Cafe within the captivating Savannah Heights grounds, Rosewood Apartments presents itself as an extremely attractive option for anyone wishing to reside there. AmenitiesBuilt in a secure and generously spaced compound, the apartments are some of the newest developments in Port Moresby. Each unit is fully furnished with white and brown goods and come with all modern conveniences installed. The block currently has 90% occupancy with a potential return well in excess of K2 Million per annum. Within lush surroundings with stunning views, each floor hosts two apartments with surround balconies.  A large backup generator (confirm KvA) to the rear ensures that power outages are of no concern, and 13 (confirm capacity) water tanks give piece of mind to the residents. The building is built to international standards which includes fire-fighting facilities within public areas. The sufficient car park delivers secure parking and the entire building runs on backup electricity and water in those times of emergencies. SecurityWhen security can be an issue in Port Moresby, Savannah Heights offers secure and convenient services that ensure both residents and property are cared for. Upon entrance into the estate, stands a guard checkpoint that closely monitors visitors who come to and from the premises and can easily ward off those who are not welcome. With a compliment to security, access to the building requires an electronic card system as opposed to the conventional key. This not only allows residents to have peace of mind but also makes it easier to enter in and out of the units with ease. Guards patrols the grounds 24/7 and ensure privacy is maintained. Investment OpportunityRosewood Apartments are currently 90% occupied and with a steady rise in rent for higher end residences, the potential for long term income is immense. Be the first to look into these apartments and invest in a solid future.For an individual or a group that is searching for a sound investment, Rosewood Apartments are a must not to miss opportunity. Enquire now to take advantage of this offer!

A top official of a company renowned for building prefabricated house across Asia and the Pacific said that prefabricated and other types of modular houses are a perfect fit for Papua New Guinea (PNG). Modern Building TechniqueDavid Cusick, General Manager of Rhodes PNG, said that there are plenty of reasons why prefabricated homes are well-suited for PNG. Mr. Cusick made the declaration while delivering a lecture on “Modern Building Techniques” at the 2018 PNG Real Estate Show.  Prefabrication is a modern building technique where large components of a house like walls are built in a factory and then transported and assembled in the actual building site. Prefabricated houses are hugely popular in Europe and North America. Asia and the Pacific are slowly catching up as more people become aware of the advantages they offer. Rhodes ProjectsRhodes is an international construction company that originated from PNG. Rhodes has built different kinds of buildings across PNG, and also throughout Australia, Fiji, Tuvalu, and Philippines. Among its projects are staff housing, churches, schools, courthouses, health clinics, warehouses, and barracks. The company’s specialty is prefabricated and other types of modular houses.The main reason that prefabrication is a good match for PNG, according to Mr. Cusick is affordability. He noted that it is much cheaper to build prefabricated houses than traditional houses.Studies have shown that a prefabricated house is usually 40 to 50 percent cheaper than its traditional counterpart. The short time it takes to assemble a prefabricated house means that you don’t need to pay for expensive labor over a long period of time. This is a luxury not usually afforded to traditional houses.“Affordability increases when homeowners choose to build or assemble their homes themselves,” Mr. Cusick stressed.Mr. Cusick also noted that prefabricated houses are quicker to build and can be transported to any part of the country. Some prefabricated houses can be assembled in a day or two.When building a house on-site you have to contend with the elements. At times, work gets delayed because of bad weather. Stringent zoning regulations also sometimes get on the way, further delaying the project. Prefabricated houses, meanwhile, are usually built inside factories. It means that work continues, rain or shine, and is completed much faster.Also, the possibility of red tape delaying construction is much lesser with prefabricated homes. However, the fact that prefabricated homes are new in the construction industry raises the possibility that some of them will run afoul of local zoning boards as what happened in other countries.   Transporting Prefabricated HomesDespite PNG’s mountainous disposition and the fact that some parts of the country are difficult to access, Mr. Cusick is optimistic that transporting prefabricated homes from the factory to the actual building site will not be a big problem.“You can have a modern, prefabricated home transported to just about anywhere in the country,” he chimed in.Mr. Cusick also pointed out that it is easy to build prefabricated houses that even people with limited skills can build them.“You don’t need a qualified builder to assemble your prefabricated home. This is a real benefit because there is a shortage of qualified builders in Australia. Qualified builders are also very expensive,” he explained.“Assembling a home yourself without unskilled workers is another way to save money and having a modern home more affordable,” Mr. Cusick added.With prefabrication, according to Mr. Cusick, it is also easier to maintain high construction standards.“Mostly, construction takes place in a factory floor, which is a quality-controlled environment. That way, it is much easier to control the quality of prefabricated homes,” he stressed. In a controlled environment, it is much easier for construction managers to supervise and monitor the work. In building a structure with many parts, this is critical.According to Mr. Cusick, there are 12 companies that provide prefabricated homes in PNG. “Having a range of providers to choose from is good as competition often drive prices down,” he pointed out.Despite a recent economic slowdown, industry experts are bullish that prefabricated homes will find a good market in the country. They stressed that with a growing middle class and more people looking for modern, affordable homes, prefabricated homes could become an instant hit in PNG in the near future.Matthew Lewis, Managing Director of Hornibrook NGI, another prefabricated home builder, earlier told the local media that,” In PNG, there is an emerging middle class but the housing is not there. The accommodation that they get is extremely expensive and sub-standard.”

For over 60 years, PNG Forest Products (PNGFP) has emerged as an industry leader and contributed to the building of a better Papua New Guinea. With vast expertise of cumulative experience, PNGFP has “the ability and capacity to produce plywood and sawn timber in impressive volumes to suit the requirements of any client, and project solution capability to meet the pre-fabricated building needs of the mining, exploration, infrastructure, primary industry, tourism, community and residential housing sectors throughout PNG, the South Pacific and beyond”.Due to development in the urban areas of cities in PNG such as Port Moresby and Lae, Real Estate has been a growing market as more and more people look into owning a house one day. With the demand and need for affordable housing, PNGFP  have developed building solutions through their NiuHomes product line that can suit any building need, whether in the urban or rural areas. From the plantation to the end product, the kit homes are pine treated and ensure longevity with minimal maintenance to see you through the years. It is also great to know that they have taken the initiative to ensure forestization programs are implemented with a continual commitment to employing renewable plantation pine, restocked from an extensive nursery in the home base in Bulolo. Homes Built to Last for LifetimesLook no further for home design and construction through NiuHomes, PNG Forest Products line of affordable housing. Being 100% PNG Made, NiuHomes are built and designed to meet the preference and style of a typical Papua New Guinean household. This exciting range of home designs offer quality and affordability that is ideal for a modern yet tropical lifestyle. From executive retreats, family homes and village homes, right through to commercial properties, the NiuHomes team has the right design for you.When building a home you should ask yourself: “How long do I want my new home to last?” If the answer is: “For my lifetime and my kids’ lifetime and their kids’ lifetime and more…” then you need a NiuHome  from PNG Forest Products.NiuHomes is PNG’s first and only choice when it comes to quality, affordable kit homes that are made to last lifetimes. All NiuHomes’ kit homes are constructed from PNGFP’s pressure treated plantation pine timber and plywood. PNGFP’s ability to produce pressure treated pine at their certified and international standard plant ensures quality, durable timber that is protected from termites and rotting. NiuHomes come in a range of styles to suit every budget and lifestyle from village living to executive retreats. And with prices starting from under K100,000 you won’t find better value homes in PNG, particularly when you take into account all the inclusions.“The most common reaction from customers is surprise at how affordable our kit homes are and how many inclusions they come with” said Geno Alu, NiuHomes sales representative. “People just can’t believe that with some models you get everything you need including electrical wiring & fittings; plumbing kit including toilet and shower; hardware kit; joinery kit and even interior and exterior paint at such a low price!”  NiuHomes RangeThe impressive range of unique designs makes NiuHomes the perfect solution for those looking to build. From unique executive and villages home to commercial buildings, NiuHomes are designed to suit the unpredictable PNG environment and weather in any location. With the focus on indoor/outdoor living, NiuHomes are ideal for the tropical lifestyle, with floor plans ranging from 20m2 - 220m2. Having a dedicated NiuHomes team, ensures that designs are tailored to an individual preference to produce contemporary and versatile housing to specific requirements. NiuHomes Quality StandardsBuilding a home can be a strenuous task, especially when it is made of timber. With a renewable and sustainable pine plantation in the township of Bulolo, PNGFP takes prides in its treated pine that is termite resistant by AS standards. Longevity and minimal maintenance is ensured when you choose NiuHomes and with a quick response design team, you can be assured that your dream house is just a thought away. The utilization of quality products and materials through quality roofing, plumbing, electrical and hardware fittings and fixtures along with a complete furniture package represent the integrity of home and fortify PNGFP as being the certified choice for kit homes. Enquire TodayTake advantage and be proud of a home that is 100% PNG Made and enquire today! Contact the friendly NiuHomes team on 323 5995 to find out how you can buy a new home from PNGFP NiuHomes.

The insurance sector, along with the banking and construction industries, is among the most important partners of the real estate industry. In many countries, Papua New Guinea (PNG), included, the trio play an important in a nation’s development. Insurance companies not only partner with the big property developers, but are also there to help ordinary homeowners in times of disasters or emergencies.Speaking during 2018 PNG Real Estate Show, Linda Garo, Senior Underwriting Associate of Trans Pacific Assurance Limited (TPAL), highlighted the importance of property insurance.With property insurance, the owner or renter of a structure is financially reimbursed for damage or loss arising from fire, flood, theft, and other unexpected events. There are several types of property insurance, including homeowners insurance, renters insurance, flood insurance, and earthquake insurance. Insurance is your protectionTPAL is a leading insurance company in PNG. Established in 2014, the company provides home insurance, motor vehicle insurance, medical insurance, and business insurance services.Ms. Garo emphasized that insurance companies are there to help people, including homeowners, in the real estate sector.Generally, it is understood that many insurance companies work with property developers to insure apartment complexes, condominiums, commercial buildings, and other residential, commercial, and mixed-use developments against property risks that usually come with natural or man-made calamities like fire, typhoon, earthquake, etc.For homeowners, Ms. Garo noted that insurance is your protection against liability or property risks you face as an owner.  “For example, if somebody sues you for injury or damage caused by you or your property, the cost of defending that suit will add to thousands of Kina,” said Ms. Garo, referring to the official currency of PNG.In addition, it was pointed out that by Ms. Garo that there are other fees that you need to pay regardless of the outcome of the suit.  It is understood that the amount you have to pay if you lose the suit and other associated costs will be borne by insurance.Ms. Garo also highlighted the fact that insurance is there to help in times of emergencies or other tragic happenings.“If you were to lose your home due to a fire, or have the contents of your property damaged or stolen, you will not have the funds to replace everything all at once,” she pointed out. “That’s why market lenders as a rule require homeowners to buy home insurance,” she stressed. Home Insurance policy coverageMs. Garo then went on to explain about home insurance policy coverage.With many insurance companies in Papua New Guinea, individual home insurance policies vary. However, according to Ms. Garo, the majority of home insurance policies are based on a standard form.“And all of these policies have two important areas- property and liability. Moreover, your policy will cover you for more living expenses should your home not be livable for a period of time. This usually occurs during a time of disaster when a home is destroyed or heavily damaged.According to Ms. Garo, covered personal properties include contents of your home and personal belongings owned or carried by your or members of your family. She noted that there are limits on losses that can be claimed.Ms. Garo said the worth of a property is determined through valuation, with which insurance companies perform differently. “One insurance company will use a different method from the one being used by another insurance firm,” she pointed out. Actual Cost Value, Replacement Coverage and Extended Replacement CostThe common methods, according to her, are actual cash value, replacement coverage, and extended replacement cost.Actual cost value refers to actual cost of an item minus depreciation. “For example, a new television set may cost 1,000 Kina. But if your seven year old TV was damaged by fire and the value depreciated by 50 percent, you will be paid 500 Kina,” Ms. Garo stressed.Replacement coverage is the cost of replacing an item without deducting depreciation, but limited to a maximum Kina.  Citing the previous example, Ms. Garo said that an insurance claimant for the damaged TV will receive the full 1,000 Kina.Extended Replacement Cost is the one that covers cost up to a certain percentage over the policy limit. This protects the policyholder from suddenly high construction costs that usually occur after a disaster when high demand for building materials pushes the prices up.Ms. Garo reminded that it is important to report damage or loss of property to your insurance company representative as soon as possible.She said that you can make emergency repairs to your damaged house, but that you have to inform the insurance provider before making any repairs. “The insurance company has the right to inspect the property in its damaged condition,” she pointed out. If your property is stolen, Ms. Garo advised that you notify the police immediately and call your company representative.In PNG, there is a vibrant insurance industry offering property and other types of insurance.

Banks and the real estate sector have always worked together. More often than not, they have been partners in development.Working or partnering with the real estate sector has exposed banks to some of the challenges the sector is facing. While there are banks that have easily weathered these challenges or hardly been affected by them, some of these banks, including a few in Papua New Guinea (PNG), have been seriously affected. First Home Ownership Scheme (FHOS)Speaking during the 2018 PNG Real Estate Show,  Kili Tambula, Deputy General Manager of Bank South Pacific (BSP), said they encountered firsthand some of these challenges with the First Home Ownership Scheme (FHOS) loan program.FHOS is a joint initiative of BSP and PNG Government under which qualified citizens can avail of a loan to buy their first homes.  Aimed at helping families, the program loans K200,000 to K400,000 to qualified applicants for buying a newly-built home or to erect a new home on Government-owned land.“At 4 percent interest rate and 10 percent equity, that’s the cheapest at the moment, compared to what other commercial banks are doing at the moment,” he stressed.Mr. Tambula said the program is going well so far. “We have seen rapid growth in the market for FHOS. This is largely driven by the LNG construction phase, and also accelerated by the product we have developed together with the Government,” he pointed out.“We got a total portfolio of 597 customers who have already been funded by the loan. We have a book balance of over K200 million, funded out to the customers, and the interest is still growing,” he added.Despite their success, Mr. Tambula said they continue to face challenges. It is understood that the challenges facing BSP is not unique to the bank and are also being encountered by other banks and financial institutions who are working with the real estate industry.“There has been a number of challenges we have encountered,” said Mr. Tambula, who stressed that among the major challenges they had is the accessibility of service land. Customary OwnershipMr. Tambula said the challenge is compounded by the fact that about 97 percent of land in PNG is under customary ownership. “Only 3 percent has been delineated to the State,” he noted.  Customary land ownership in PNG has been viewed as an obstacle to progress.Another challenge identified by Mr. Tambula is lack of access to water, power, road, and sewerage. Many places in PNG, including State-owned areas where houses under FHOS are supposed to be built, don’t have access to enough supply of water for drinking, bathing, washing, and other purposes.Many parts of PNG also suffer from frequent blackouts, sewerage systems are inadequate, and many places are inaccessible or hard to reach because of lack of roads.“Accessibility to water, power, road access, sewerage. That has been lacking. That has been one of the biggest challenges we have seen so far. It impedes some other infrastructure development programs and excellent business opportunities,” he said. Missing Land FilesMr. Tambula also took issue with inconvenience caused by missing land files at the Lands Department.One of the requirements for the loan application is the submission of Title Deed confirming ownership of land/Lease is State-owned. “The missing files have caused a lot of challenges,” he pointed out.According to Mr. Tambula 147 customers, loans already approved but pending settlement because the files are missing and cannot be located.Despite the challenges, Mr. Tambula strongly believes that FHOS is on the right track. “The future prospects remain positive and it is expected to grow,” he stressed.According to him, the prospects for FHOS will especially brighten if another major mining development project like the Wafi-Golpu gold mining in Morobe kicks off. “We will see another big push in the marketplace,” he concluded.

As the City of Port Moresby has seen a boom of infrastructure in the last number of years, residential developers have been taking advantage of the rise and tapped into the high-end spectrum of accommodation. One developer in particular, NPL Development Ltd, has seen the increase in demand for quality accommodation and housing and after 2 years of construction has made their vision a reality.Set on the highest point of Touaguba Hill comes the latest in luxury and stylish architectural design, the towering Touaguba Hill Paradise Apartments. Beginning construction in June 2016 and completed in October 2017, this newest edition to the downtown area has already captured the eyes of investors and would-be tenants alike. Just glancing up from Ela Beach at the impressive structure leaves you fixated in awe at how much of an ambient mood the view from the top would give emanate. From the moment you drive through the front gate, the evenly spaced buildings look just as impressive from up close with the structural stability and flawless designs to match.The location itself conveniently sits within close proximity to the beach, shops, cafes, restaurants, hotels and health centres, making it ideal for those not wanting to venture too far out of town. Stepping into another world is an understatement as you are bombarded with exquisite workmanship from the buildings to the landscaping.    Architecture and DesignNPL Developer Ltd’s Manager Director Dato’ Jimmy Poh has said that "the development of Touaguba Hill Paradise is a collaboration of international team of designers and real estate firm to deliver a very well thought out living space with style and flair." To enter Touaguba Hill Paradise is to enter into a world of classic architecture at it’s finest. The apartment block is divided into three buildings: Blocks A and B together on the lower level with Block C sitting slightly higher above on the hill. It is worth mentioning the vantage point that the upper levels of Block C have to bask in the wondrous views of Ela Beach and the vast sea on the horizon. Built on the highest point of Touaguba Hill, all the buildings boast 7-storeys high and from the exterior to the interior, provide quality finishes inspired by a well thought out architectural plan.The architect and design team have gone to great depths to give an artistic and aesthetic touch. Strategically set from a high point, the buildings and individual units are designed in a way that encapsulates nature and adds value to the picturesque backdrop of ocean views. To counter the sweltering humidity of Port Moresby, each unit is tiled throughout to repel heat and keep the unit cool. The airy floor plan also helps to allow a steady flow of ocean breeze to provide that natural cooling effect especially in the night time. Throughout the unit, the light wall colours help illuminate the interior and with the aid of large windows allow a generous amount of natural light to sweep through. Add in the sweeping views of the ocean as you get higher and the convenience of location, you have yourself an apartment to be proud of. ApartmentsEach apartment has been carefully designed to give a range of preference according to number of rooms/bathrooms and floor area. The buildings have their own lifts with admission to floors strictly with access card to ensure privacy and security. As you make your way into each building you are immediately met by the stellar touches of elegance from the lobby as you exit to lift to the front door of the units.Luxury awaits as you step into each unit with a tiled floor matched with light wall colours that creates a vibrant look. The most notable thing you will notice is the spacious floor plan that makes possibilities endless to inspire the mind to decor at will. Depending on the type of unit, the rooms run symmetrically along or opposite each other from the lounge room and are relatively large in space. Fitted with their own queen sized beds, air conditioning and wall TV, the rooms seem almost nostalgic of a hotel atmosphere. The lounge is just an extension of what the rooms have to offer with an open plan to entertain family and friends when occasions permit. The kitchen provides great space to move around at will and even inspire the inner chef while the balcony creates the perfect opportunity to enjoy a casual afternoon or lazy morning while soaking in the panoramic views and cool breeze of the ocean. AmenitiesTouaguba Hill Paradise takes pleasure in providing alluring facilities and amenities that are complementary to other high-end apartments in its pristine location. The aim of the residence is to cater to its tenants by presenting as many advantages as possible for maximum satisfaction. The main aim is to instill a firm mindset in it’s tenants to enjoy comfort at home and take advantage of these amenities.Located in between the apartment buildings sits perfectly a glamorous sized pool with fountains creating an oasis to indulge in. The pool is perfect for those hot and humid days where you just want to escape from the Moresby heat and treat yourself. When entertaining the guests and family becomes too populated in the units, extend the gathering to the outdoor entertainment area that is designed to invite the cool ocean air and provide a great setting for fun times. On the other hand, if you want to skip the relaxation and burn off some sweat, take a walk into the state of the art gym with its wide range equipment and weights to occupy the casual goer to the gym junkie.With the constant power and water shortages in the city, residents can be well assured through two generators that supply electricity and efficient water supply with nine water tanks. The buildings offer ample basement car parking for both tenants and guests and an easy accessible road through the premises. To keep the high standard of the property, the facilities and grounds are continually serviced and maintained and staff is always on call 24/7 to alleviate any issues.  SecurityFeel safe and secure in a well maintained location without having to worry about security. Touaguba Hill Paradise takes pride in delivering an impressive security system. Designers have taken into consideration extra security and ease of access into each unit by installing a 4-way access on each door through touch screen pin code, access card entry, normal key entry and an impressive fingerprint biometric scanner. For convenience, an intercom with video and voice capabilities allow you to stay within the confines of the unit to monitor visitors as they come and go. The boundaries that border the property are equipped with security lights, electric sensors, motion sensors and cameras and have 24-hour security with a good number of guards that patrol the premises. The grounds are continually monitored with its steady supply of cameras which provide supervision in the well equipped surveillance room. It is safe to say that Touaguba Hill Paradise provides luxury living in premises that solves the problem of security while providing maximum assurance for its tenants.   AvailabilityTouaguba Paradise offers a range of units for rent with one, two and three bedroom apartments starting from just K2,500 per week.  Click Here to make an enquiry.

Papua New Guinea is one of the the most culturally diverse countries in the world and is also one of the most rural with only an estimated 18% living in urban areas. The country has approximately 852 known languages and has a population of over 8 million people.Being one of the least explored countries in the world, PNG has a lot on offer. While the list is long, this article will look at some of the main attractions as well as the best places to live in. AttractionsPapua New Guinea is known as the land of the unexpected or surprises and as one of the least explored places, it has a lot on offer in terms of attractions.The Bird of Paradise is one of the main attractions of PNG and features on the national flag.  This member of the Paradisaeidae family habitats Eastern Australia and New Guinea and is best known for the elaborate mating ritual, where the male displays its plummage in a fascinating unique method. The country is famous for its bird watching as it is home to a thriving bird population due to specific habitats and climates favored by the endemic species and the lack of predatory animals. Birdwatching is available through out the country from he coastal and island locations to the rugged peaks of the highlands. PNG is famous for endemic species such as the Raggiana and the Blue Bird of Paradise including the fire maned Bowerbird.Other attractions include the various mountain peaks such as the Mount Wilhelm which is 4, 509 metres or the country’s 2nd highest peak which is Mount Giluwe which is 4, 367 metres in height. The Tavurvur which is a active stratovolcano near Rabaul on the island of New Britain.Another famous drawcard is the Kokoda Track which is trek of 96 kilometres inland through Owen Stanley Range, made famous as a major battle ground between Allied and Japanese forces during World War Two, or the Black Cat Track which is a rough overland track in the Morobe Province and runs from the village of Salamaua to the mountains then to the township of Wau. Popular residential localities within Papua New GuineaThe following is an overview of popular residential localities within PNG, including security of the area, local amenities such as shopping, essential services, social hubs, proximity to business centres and tourist attractions. National Capital DistrictBorokoBoroko offers quick access to many sporting and recreational facilities, such as the National Football Stadium, the Rita Flynn Netball Centre and Bisini Parade Grounds, all of which are all located along the same road and are an easy five to ten minute walk of each other. Many national and international events are hosted along this stretch of road.From Boroko you have easy access to other suburbs, one of Pom City’s main public bus stops is here, so getting to and from work or school is easier. Boroko offers a police station, a fire station, a post office, banks, a craft market, many grocery stores; service stations; pharmacies and other health services; beauty parlours; schools and an assortment of churches. It is regarded as Port Moresby's central commercial and shopping hub. WaiganiWitness the nation's monumental events at Waigani. Not only is it one of the largest suburbs in the country but Waigani also has the most national and cultural attractions in it. The National Parliament, the National Museum, the Prime Minister's official residence, the Port Moresby National Arts Theatre, the National Library, National Archives, the PNG National Court, Morauta Haus (office of the Prime Minister of PNG) and the city’s only golf course - the Royal Port Moresby Golf Course are all within a five minute drive of each other, essentially sharing fences with each other.Waigani also hosts Vision City, Port Moresby's largest shopping mall and home to fashion outlets, restaurants and the food court and a wide range of both local shops and international franchises.  It has PNG's main cinema on the top floor as well as a popular nightclub, and connects to Stan;ey Hotel.Opposite Vision City is the Sir John Guise Stadium, the main venue of international sporting events.  The stadium is also home to the annual Real Estate Show, hosted by Hausples.Waigani is as versatile a neighbourhood as they come. It has a wide range of educational facilities from private, to church run to public institutions, there is daycare to tertiary institutions that offer an array of skills and subjects. There is entertainment for the artistic, for the athlete, there’s entertainment for the computer and gaming nerds, movies, restaurants, bars, nightclubs and pubs, motor cross clubs - if there is one suburb that truly has it all, it is definitely 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 outlets, 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. Downtown Port MoresbyDowntown Port Moresby or simply ‘Town’ is the most expat preferred suburb because of its captivating view of the sea overlooking both Fairfax Harbour and Walter Bay and the proximity to the city's Central Business District. Prime social clubs (Yacht Club and the Aviat Club) are all within a 10 minute driving radius. Major hotels feature in Town, including Crowne Plaza, Grand Papua and Ela Beach Hotel, all of which offer high quality accommodation and excellent cuisine.The area hosts a number of iconic buildings, such as Kina Haus (formerly Deloittes Tower) which was PNG's tallest building one point.  New developments are now dwarfing Kina Haus, such as the Old Parliament Haus Towers and China Railway building, both of which will boast commercial, residential and shopping facilities.Downtown is also home to the newly developed Ela Beach which is open to the public and features basketball courts, parking and general entertainment and is next to APEC Haus which was completed just this year specifically for the Asia Pacific Economic Cooperation, hosted in Port Moresby for the first time.  Beyond APEC Haus is the new Paga Hill Ring Road which is a beautiful walk or drive around the spit with stunning sea views.  This takes you to the Harbourside complex, home to commercial office space, seafood restaurants and a buzzing nightlife. Morobe ProvinceMorobe Province is located on the North Eastern part of Papua New Guinea. Morobe has one of the most versatile environments in PNG with beautiful white sandy beaches, savannah plains, swamps, low land rainforest to rugged mountain peaks. There are over 101 languages spoken here. The Province is considered the link to highlands and islands.Lae City is the capital of Morobe province, the second largest city in the country, and is the commercial and industrial hub of the country. Morobe province has a massive land area that is yet to be developed and many developers are taking advantage of this by building large industrial type structures and residential properties to accommodate those that will work in those properties. Particularly after the 6 mile suburb onwards there is rapid infrastructure growth. You can travel by road from Lae to Madang or to all the Highlands provinces. Madang ProvinceMadang Province is located on the Northern coast of PNG. It is one of the most popular tourist destinations in PNG with its rugged mountains, dense virgin forest and pristine beaches, in fact it is the most popular dive destination in PNG. Madang is also a popular historical and anthropological area due to it having 173 of PNG’s languages; and World War II left behind a legacy of 34 sunken ship that offer dive sites to explore at Hansa Bay, near Bogia.The colourful Madang Township has been called the "prettiest town in the South Pacific" (Papua New Guinea Travel, 2018). Madang town has modern urban facilities, including hotels, department stores, bustling markets and historical artefact shops and displays in the Cultural Centre. Madang is also a key destination for meetings and conferences.Like Port Moresby, Madang has seen much infrastructural changes in the last 5 years as a result of the rapid growth of mining and tourism industry. There are many new residential type properties in Madang town and the same is occuring in areas outside of Madang town. The highway from Madang continues to either the Morobe province or you can venture up to the Highlands Region. Western Highlands ProvinceMt Hagen is the capital city of Western Highlands province but is also the hub of the Highlands Region with it being the main stopover for road travellers intending to take the Okuk Highway to Wabag, Southern Highlands and Hela Provinces. Hagen is a bustling commercial centre where wealth from coffee and tea plantations had fuelled the initial development of the town, now however the mining industry has spurred the growth of the real estate industry in this province.Western Highlands Province also has a robust tourism industry with majestic mountains and beautiful flora and fauna, this province is known for its beautiful art and craft and it is referred to as the wild frontier of the Highlands region.Kagamuga International Airport being the hub of the highlands airway daily sees flights in and out from private operators that bring in personnel to and from mine sites in the Southern Highlands, Enga Province and Hela Province. East New BritainEast New Britain province is located on an island to the north of the PNG mainland. It is the north eastern part of the island on which both East and West New Britain are located on.Rabaul used to be the major town in East New Britain Province until the disastrous eruptions of Mt Tavurvur and Vulcan in September of 1994. This event signified the moving of all major services to Kokopo town. Tokua Airport is the main airport in East New Britain with plans to upgrade to an international airport in 2019.East New Britain is a major tourist hub in PNG with its riveting World War II history. There are Japanese cave systems, barge tunnels, aircraft wrecks and submarines, volcano climbing, scuba diving, snorkeling and trekking. It a perfect tourism investment location especially considering that the government has chosen this province to invest in for tourism development under its Tourism Master Plan. West New BritainWest New Britain sits on the south western part of the island of New Britain. Kime is the provincial headquarters of West Britain Province. The largest income from this province is from exporting oil and it is covered with many oil palm plantations (especially in Kimbe) and there is also some logging in the interior and on the south coast.Tourism is also fast becoming a profitable industry in this province with Walindi Plantation Dive Resort attracting divers globally, there are also beautiful fishing and snorkeling spots on offer in this area. The Muruk cave system in the Nakanai area of West New Britain is believed to be the deepest recorded in the southern hemisphere.

Property ownership laws in Papua New Guinea have been developed since the arrival of colonists on the island in the 1800’s. Given the emphasis on the significance and utility for livelihood of land in customary times, the laws in PNG have been designed and amended to cater for these values.Despite a lack of empirical evidence, it has been estimated and reported by the Oxford Business Group that around 97% of the land in Papua New Guinea is under customary ownership and many of those are not formally on record with land titles. The remaining 3% is a combination of both State land or freehold land.A careful study of the country’s laws surrounding land ownership as well as the mechanisms involved in acquiring a title or a lease will be advantageous for anyone searching for general information or considering investing in property in PNG. Land Titles & OwnershipThe three main recognized forms of land ownership are leasehold, freehold and customary land ownership, which will each be discussed further below. 1. Leasehold Titles and OwnershipLeasehold titles involve a person who owns the land, but gives it to another who will have possessory title over property on the land for a period of time. In PNG, the most common form of leasehold dealing is through a ‘State lease’ lasting a maximum of 99 years. State leases are given for State or ‘alienated’ land. The term alienated refers to land that was customarily owned but was acquired by the Government for public purposes.The process of administration of State leases is carried out by the Department of Lands and Physical Planning, and begins with an allocation of vacant land in accordance with the physical planning set for a particular area; that is whether a place is to be sold for residential, commercial or industrial purposes. When the allocation has been done, vacant land gets published in the National Gazette under the heading ‘Land Available for Leasing’. Individuals and companies may then apply for the lease of this land from the State.A lease may be applied for a period not exceeding 99 years and at its expiration the State is allowed, but not obliged to, renew the lease. Applications for State Leases are made to the Land Board which considers them and based on their merit, submits to the Minister for his decision. The Minister has the final say in granting or rejecting an application for a State Lease. In an instance where a lease is granted, the application will be published in the National Gazette under the heading ‘Successful Applicant.’A benefit of State Lease titles, particularly in a country where land ownership forms a bulk of legal disputes are that Papua New Guinea had adopted the Torrens Title system of land registration, which means that the is that once it has been registered and certified, that is regarded as conclusive evidence to the validity of the ownership of this title and cannot be challenged or defeated.  2. Freehold TitleFreehold titles indicate that the name of the person or business group on the Certificate of Title (COT) owns both the property and the land upon which it stands. Land which can be converted to freehold is originally customary land and cannot be State Land, it is for that reason that Freehold land can only be applied for by Papua New Guineans and not expatriates. Because the land is not owned by the State, Freehold titles are owned for an indefinite period of time and do not have to revert back to anyone.Freehold titles are administered by the Land Titles Commission and involves an application being made to the Commission for a Conversion Order for the land to be registered as a freehold title.All freeholds titles have “Restrictions” detailed on the back of the Certificate of Title at the time of registration. These restrictions have been specified under Section 26 of the Land (Tenure Conversion) Act prohibiting the title holder from transferring the land for a certain period of time. For instance, one is not allowed to transfer the lease for a period longer than 25 years and removal of these restrictions only this can be done with the approval by the Land Board. Freehold land can not be used as a consequence of bankruptcy, insolvency etc.  3. Customary Land TitleMaking up the majority of land in PNG, it is important to take note of customary land which is also termed “unregistered land” because it doesn’t need a certificate to prove its validity. Given the country’s unique legal system which recognizes both customary and common (English) law land rights, the issue of customary land ownership and the specifics of boundaries are determined through the traditional mediation processes used by customary land owners.Customary land has the potential to be utilized to benefit many people if handled properly. One way is to register land under as an Incorporated Land Groups (ILG). This, among other things, identified all of the people with an interest in the land. This land can then be leased to businesses to conduct operations on the land and the customary landowners may in return receive royalty payments. 4. Incorporated Land Group (ILG)Incorporated Land Group is a concept introduced after the first three forms of property ownership, but still require a mention as they have been encouraged, as reported by Loop PNG, to be a countermeasure to land grabbing. In comparison to freehold, they involve a large number of groups or clans that have come together to register their members and respective customary land under one group. An ILG can then lease this land to businesses (most common mining companies) who operate on their land, in return paying royalties to the members of the ILG.The group will apply to the Registrar of Titles  for recognition and their application must be submitted with survey plans of the proposed land. After deliberation, an issued Conversion Order will be given to the Registrar of Titles (ROT) and they will issue a Certificate of Title.The Land Title Commission is responsible for the carrying out of investigations into applications to ensure that all interests in the land are addressed to prevent future disputes. However, if a dispute arises, the Land Title Commission has a mechanism in place to hear and settle disputes.In order to be kept up to date on the land which is available for sale or for renting, subscribe to our newsletter at Hausples.com.pg.  PNG Property Guide provides potential and existing investors, property developers, home buyers and renters, with an overview of of the Papua New Guinea’s property market including: a broad historic, economic and cultural overview; detailed information regarding property ownership laws, including expatriate property rentals and purchases; and demand and sentiment data from the 2018 PNG Real Estate Survey conducted by Hausples.com.pg.