Papua New Guinea Real Estate Sector Research Highlights

Interview

Brian Hull, Executive Chairman, Century 21 Siule: Interview
OBG
plus

Interview:Brian Hull What has been the impact of government policies on the local real estate sector? BRIAN HULL: The first homeowner scheme, which has been handed over to Bank South Pacific, has had a significant effect on the real estate market. Under this scheme, people can apply for a loan of up to PGK400,000 ($118,000) at 4% interest for 40 years, with the borrower putting up 10% equity.…

Analysis

What is Papua New Guinea doing to reform land ownership?
OBG
plus

Accelerating land reform has been a key priority in enabling socio-economic progress in Papua New Guinea, and several development programmes have been put in place to this end. Since being elected in 2019, Prime Minister James Marape and his administration have placed a particular focus on mobilising large areas of customary land for development, while also emphasising the empowerment of customary…

Overview

What is driving construction activity in Papua New Guinea?
OBG
plus

Papua New Guinea’s construction sector is closely tied to its extractive industries. This is in part due to the substantial contribution of extractives to the country’s economy, accounting for around 28% of GDP in 2019. The performance of extractives also dictates access to foreign exchange (forex), with the segment representing roughly 94% of exports that same year. PNG’s construction…

Overview

How Papua New Guinea is working to bridge the housing gap
OBG
plus

Boosting the supply of affordable housing is central to efforts aimed at improving the lives of citizens in Papua New Guinea. Housing availability has become an increasingly pressing issue in recent years, especially as real estate prices for both renters and buyers have been driven up by the limited availability of land for development and the high cost of construction. The government of Prime…

Country Report

The Report: Papua New Guinea 2020
OBG
plus

The government of Papua New Guinea faces some challenges in 2020, with the electorate calling for improvements to social and economic infrastructure, and greater efforts to combat both real and perceived corruption. Despite these difficulties, PNG’s resource wealth and strategic location between the industrial centres of north-east Asia, the rising economies of the Association of South-east Asia

Chapter

The Report: Papua New Guinea 2020: Construction & Real Estate
OBG
plus

The government has demonstrated notable early enthusiasm to boost the ease and transparency of land ownership processes, which should stimulate activity in the construction sector. Recent years have seen the industry hindered by vulnerability to foreign currency shortages, limited availability of land for development, a lack of transparency and insufficient human capital. Ongoing efforts to improve…

Country Report

The Report: Papua New Guinea 2019
OBG
plus

Papua New Guinea has seen a mixed performance over the last 12 months, with the extractive industries recovering from the impact of the 2018 earthquake, while political uncertainty contributed to fluctuating investor confidence. It remains to be seen to what extent Prime Minister James Marape and his recently reshuffled government will enact far-reaching reforms to laws and regulations governing t

Overview

City planners strive to create efficient spaces as urban populations swell around the world
OBG
plus

In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural dwellers. The UN estimates that by 2030 urban areas will…

Overview

Planners strive to create efficient spaces amid rapid urban population growth worldwide
OBG
plus

Overview

Major construction projects in PNG ahead of APEC 2018
OBG
plus

While resources-related projects will always be the engine of the sector, the rising number of residential, hotel, retail, transportation and office developments are becoming increasingly important, as the country’s hosting of APEC events in 2018 and the expanding middle class continue to shift Papua New Guinea’s construction priorities. The skyline of Port Moresby is rising, while large housing…

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Licence or Product Purchase Required

Papua New Guinea Real Estate Sector Research Highlights

Featured Sectors in Papua New Guinea

Featured Countries in Real Estate

Featured Reports in Papua New Guinea

Contact Us