The construction of 100 affordable houses in Port Moresby will be the launchpad for similar projects elsewhere in Papua New Guinea, predicts Joe Webb, the Managing Director of Australian joint venture partner Amode.
Amode’s Joe Webb
Amode has formed a 50-50 joint venture with Papua New Guinea’s Anitua Group, a landowner company based in New Ireland Province, to form Amode RCS PNG Limited.
Together they are developing an affordable housing estate at 7-Mile, near Jacksons International Airport on the Hubert Murray Highway and close to shopping centres, schools and the CBD.
The dwellings are built to Australian standards, with steel frames, aluminium skirting boards and door jambs, as well as fibre cement floors and walls.
The structure has been designed for a 50-year life, which ‘few others’ could offer in Papua New Guinea, Amode’s Managing Director, Joe Webb, tells Business Advantage PNG.
The first stage of the project involves building 100 affordable houses, 40 of which have already been built, with varying designs and styles.
‘It’s housing for the local people, the rising middle-class, not the expatriate market,’ says Webb.
‘It will transition people out of state housing or settlements.
‘The structure has been designed for a 50-year life, which ‘few others’ could offer in Papua New Guinea.’
‘We are working through pricing and sizing for future stages at the moment. It’s potentially substantially larger but we’re not a point where we can discuss the next stages.’
RCS is also putting in a 4,400 square metre commercial precinct, which will house a supermarket, hardware store and a mezzanine level area with offices for doctors and other professionals.
‘There are several communal areas, like a pool and basketball courts and open parks and land.’
The first batch is priced between K400-500,000 as a house and land package. It’s a secure compound with perimeter fencing and sealed roads. All the infrastructure – power, water and sewage – is now in place.
Anitua ‘a natural fit’
Webb says Amode’s joint venture deal with Anitua ‘is a natural fit’.
‘We will have one or two expatriate specialists with 60-100 workers on site. We’re expecting that once we train the local people, they can take those skills to other locations across PNG.’
‘It has its own construction company and they have secured the rights to our system for the rest of PNG, including Bougainville, and Solomon Islands. The system itself is not only for housing but also education, commercial and industrial precincts as well.
A model Amode RCS PNG house
‘Some of the building materials will come from offshore and some from onshore. The building doesn’t come as a module, but it’s a system that will be installed on site. It gives us the ability to train local people.
‘We will have one or two expatriate specialists with 60-100 workers on site. We’re expecting that once we train the local people, they can take those skills to other locations across PNG.’
Launchpad
‘The 7-Mile project is a launchpad for bigger plans,’ says Webb.
‘There’s been a lot of investment over the last 10 years for expatriates and executive housing and during that time a rising middle-class has developed,’ says Webb, ‘and there is a much larger market that sits below the K400-K500,000 level.
‘We want to be able to provide affordable housing from the village level to the cities like Port Moresby and Lae.
‘Given PNG’s position in the region, it’s critical to get the infrastructure – roads, housing – put in place now. We want to play our part in the education and housing now and we’re excited about the potential.’
Funding
The 7-Mile housing project is part of an ambitious O’Neill government plan to build 40,000 affordable houses in Port Moresby in the next 10 years to relieve a chronic housing shortage. The government has allocated K200million to the project, funded by China’s Exim Bank.
Mortgages are provided under a 2014 agreement between the National Government and the Bank of South Pacific, which will be able to provide housing loans to approved first home borrowers, over a 40-year term and at an interest rate of four per cent per annum.
So far, 25 loans worth K8.4 million have been approved, according to local media reports.
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Hi Dear,
Kindly forward me brochures for the houses and its price ranges.
Looking forward to hearing from you soon
Hi there kindly please give me full details of the houses and the prices plus specifications as well..
Thanks Barbara
I am very interested thus living in Lae and is enquiring if similar set up will be done in Lae ?
Could you kindly email me more details on the homes and the prices.
Thank you.
Mulina
Please supply me details of homes and prices
I am more than interested . Could you please.send me more informations about .
Hi Joe,
This is the intervention PNG is waiting on for a very long time.
For me personally, it does matter little if the price sours above the K400,000.00 range.
I desperately need my own home where I can house my family and live a normal life.
Can you send me all the necessary forms to start the acquisition process.
Best regards
Current realty market prices are very high whilst 300/400,000 per houses is reasonable but i wonder if the prices include land & construction of the building. if so; then the house will be smaller with small parcels of land for the building compared to the picture shown.
With output of 100 houses monthly we can only archive 12 000 out of 40 000 within the 10 years duration of the program (25%). That’s if only 1 contractor is engaged. There’s 4 major kithomes production facilities in PNG and only three is operational (1in pom & 2in lae) others produce on smaller scale. The best facility in the country has a maximum turnaround of 30 houses per month so if all the facilities combined to deliver. We’ll still fall short and most of the materials will travel by sea to construction sites; half of the production will be steel components or steel frame houses which will definitely rust within 2-3 years.
40 000 houses @ K300/400 000 = K12/16 Billion less profits, huge budget which we can archive by borrowing but then we will only be archiving 25% only. We shall need 4x more resources to full accomplish the project. The program will be long delaying its target if only one contractor is engaged.
My advice: Mobilize participation of all operating in sector.
(Samting blo skelim)
I have land, full clear title and wish to order/purchase one of your kit homes. Please provide cost details for your model homes… Would really appreciate that
Thanks
Ida
Hello Ida,
Since you already have a land. I can assist you with a kit-home of your choice. Designs and costing available for your perisal. Note: building erection & statuory approvals is excluded or can be included if required.
Regards
Paul
Please email me specifics of the availability of the current home sale on the market…thanks
Please forward me details of home types and prices.
Ta.
Pike
I am interested, please email more detailed information about the types of houses and the prices.
Regards.
Paul Kailou
Please I am need to buy one house if still available. Could you please email me the costs of houses.
Thank you
Can yu give us contact details so we can call and see house models and enquire on cost etc?
Am so interested
Regards
Nancy TARU
Interested, how do I apply for one of these Amode houses.
Hi,
Please supply me with prices for the houses and the types you, trying to utilize my accomodation allowance.
Thankyou,
Pauline
I am interested, please send me the detail of houses and the purchase prices.
Thankyou
Yvonne
Please provide details , am interested as a new home buyer
Please notify me for inspection/ look see, email me relevant information the soon possible.
Please can we have such organize project in Lae, Morobe Province.
Very interested at looking forward to in the future for such affordable price.
Thank you
Lester BASA
Interested in buying a house between K300 000 & K400 000. Please send details via the information provided..
Thanks intetested client.
Interested in buying house for k400,000. I need some assistance.
I am interested and would like pricing /quote to submit to BSP for Loan.
Phone 76898026
Email prices and the contact numbers, interested.
Hi,
I am interested. I would like more information on this. Who do I contact for an inspection.
Thanks
I am interested pls i would like more information on the cost and type of properties you have.
I would like to have the contacts please to contact you any time when you when I am ready with the requirements/more written information
Send design and cost of different sizes of houses please
Lily
I am interested, and looking at price range of K300.000 – K400.000.
Please supply more info.
Very interested. Please email me details
Thanks
Ben
Hello Phil.Arcadiou
could you send me your email address please
Please supply me detail of the homes and the prices.
Thank you.
R. Kera
Interested so please send me the prices for the different types of house available for sale
Email me details of any that is currently available to buy.
Hi, I am interested, and am looking at properties within the price range of K300.000 – K400.000. How do I apply? Please need more infor..
Interested, please send me details and prices.
Interested by too expensive for a average wage earner in PNG…
Still not meeting the standard of Average Wage yearn , Therefore many average wage yearnings can’t afford and still striving to own a house in the near future. I am one of the average earners can’t get one becaus if i have applied for one house than i can’t meet the food, School fees for Children, Hospital injurance, and …….etc.
Therefore needs review.
Sir,
I’m interested in properties between the price range of K300-400,000.00 so please supply me with price listings and other property details like , bed room, floor area and etc.
Regards
I am a Public Servant and these houses are more expensive than what I earn annually, how can the government of the day preach about providing affordable accommodation or housing for Papua New Guineas and yet a medium type house can cost K400,000.00 Plus PGK.
Please something has to be done the government with its stakeholders, commercial Banks and the developers have to come up with a solution to help public servants, because in other words they(Public Servants) are the men on the ground that implements and moves the economy where services cannot reach.
How can I get the application ,criteria for eligibility and some more information
Please send me more information, designs and costs.
Please email me details of this project as I am interested.
Hi
I’m interested in properties between the price range of K300-400,000.00 so please supply me with price listings and other property details like , bed room, floor area and etc.
Cheers
I think the Papua New Guineans can’t meet the requirement of home shortage. It too costly according to people working under wages. This looks like only for rich getting homes and poor living in settlements. The government need to learn from how it is done in Australia, more housing homes for people who can’t have homes. Wrong decisions made by the Png government for people with money, still not reducing the issues face today in png.
How could we get sales prices of the homes you are selling?
I am interested and would like full information on the house and how to purchase it. Please forward me the information.
Please email me details of the houses including the price .
Very much interested. Enquire for further details.
Cheers
Albert
K300,000. to K200,000. is not at all affordable for an average Papua New Guinean like me who want to provide quality housing for my small family. I have planned and prayed on buying a home for years and half of my life span is gone but I still pursue my dream come true of owning a home and I am ready to proceed with my plans next year.
looking forward
I’m enquiring about two separate things.
1. I am interested to buy a property. Please email me more information on the design and the cost.
2. I have a small family run professional cleaning business – we can provide construction clean up service, and carpet (vacuum & shampoo) and vinyl floor polishing.
Email me for more information if you are interested. Thank you,
Dason
I’m so interested, could you please send me the design and cost of the house…
Am interested for my parents in the village, they have land, would like the cost of one of these homes.
Thank you,
Fonzie
Iam very interested. Please forward pricing for housing products
Thanks
hi, could you please email me the details as am interested in just the house costing if i were to purchase..
thank you
I am interested please email me more information.
Kind regards,
Stelly
I Am Interested.
Please forward me details of pricing.
I’m interested. Please email me more information on the prices, the houses and how I can apply for one.
Thank you.
Email me pictures of sample houses and the price list and land size..
House & Land price between K400, 000.00 – K500, 000.00 for middle class Papua New Guineans is not affordable. Anything below K400, 000.00 is affordable. I think the term affordabilty should be re-looked at in this case.
A hint: Land Area of 400-450 m2 is minimum for a single 3 bedroom high set house. In keeping with Physical Planning & Building Board Requirements, houses built on each allotment should be positioned to achieve maximum privacy plus the surrounding areas better utilised. Also high set houses give home owners flexibilty in rooming the underneath when family expands.
I’m currently designing an Affordable Housing that will costs Land/House below K400, 000.00 for Middle Class Papua New Guineans. This will be rolled out in the very near future. Keep an eye out for this for those who may be interested.
i am interested please email me details jpitz12@hotmail.com
I am interested, could you email me details of the plan you have. i am organizing a HOS for an entity.
I am very much interested. Please email me pictures of house and size of land & prices.
Pls email me further information about purchasing and inspection. Thanks
Hi Robert,
Please keep us kin first home loan buyers posted about your housing project. I agree with you, K400-500,000 is not at all affordable for average working class Papua New Guineans who want to provide quality housing for our growing families. My husband and I have planned and prayed on buying a home for years and we are ready to proceed with our plans come next year.
I will be looking out for your posts.
All the best!
God bless.
Please forward me detail
Really interested to buy house and land package priced from k300,000 to k350,000. please let me know through contact provided.
Hi,
I work for the Dept Of Treasury as Housing Officer. If you can email me so I can chat with your on our staff housing matters. (Correction on email address.)
Thanks,
Jori Kesi
Bro, I am interested, I do agree with the collegues. Please keep me posted
Hi Robert,
I am very interested, please kindly forward me any information/updates about your project.
Thanks
Ray
Please email me additional information on mcminnala@icloud.com
You have a potential buyer lined up in me.
I am interested.. Please email with more information.
Hi Phil,
If I were to go for the K440,000.00 haus, how much equity I need to secure to get a loan from BSP?
Thanks
Hi,
I am interested and would like to request for more information regarding the housing project.
Please email the details plus the price listing to my email address~lsilas89@gmail.com. I’m interested.
Hi, pls send me details on how i can apply on purchasing a house. Very interested .
oh Great will there be any for Madang in the near future and for Pom please supply me with Price List.
When will the first batch of home buyers be moving into their houses? Give an approximate time please
Great development but cost can accelerate with high inflation rate in PNG and fluctuation of floating bank rates. Fixed term might be good for the borrower as there is no rate reductions but rising rates are the usual bank practices world-wide. 4% is still too high even though govt has provided guarantee. Bring it down to 3-3.5% would be appropriate for middle income earners (low income earners will not qualify under this scheme).
Could you send me more informtion on the this matter. This includes the costings and types of house available.
Could you send me more informtion on the this matter. This includes the costings and types of house available
Below is my address
more information please on how to have access to this facilities
hi there
am interesting in purchasing a pty please provide pricelist for me to choose from
Its a great opportunity for Papua New Guinean..Could you provide me with the price list for its type of house and the application form.
Great opportunities. Can you sent me more information regaring the price an types of houses available to customers. Thank you
Am interested. Please send me more details of the houses , land area and the price range.
Thank you,
Great start… Please send me information i would like to visit, especially when you consider that the land sizes are between 400 and 600 square meters, larger than any other developer i have visited. Really interested.
I’m interested and Would like more information on the cost off the pre done homes please.
Interested, How do i go about?
I am interested how can i apply and enquire for further details
We are interested, how do we apply now. please send me a email as soon as possible with contact details.
kind Regards
Please need more information on the cost in building the houses — any contact details?
Hello, how much would it cost to build a H90 house alone, town water, electricity, building material plus labour…rough estimate will do.
Thank You,
Trevor Guise
Hello, please send me details andprices on the houses. Thank you.
V.Kanawi
Its okay in the name of development and of the place and the new face it might look of the environment it is located but then it is business after all because two banks are involved in this case which in return will be expecting profits and divident out of the borrowers (individuals) and Govt for (China Exim Bank) in this the Contractor/Developer walks away without any burden of the loans. The total number of such building is 100 and so on.
Generally, this is done to settle housing issues and to met some of the Govt development plans but then if we view our employment statistics in the nation’s capital, you find out that only 10 or less 5% of the people are at a decent stage to apply for loans and or can afford such luxury. Majority of the population in POM are middle classes/low classes and settlement dwellers or ordinary people of this nation.
Comment is yet to complete need more detail data on that…………..
I would like to meet with someone here in the Pom office to discuss supply of paint for the homes so if someone can give me details of contact numbers and personnel so I can arrange an appointment to meet with them.
Regards,
Gaye Kapi
DuluxGroup
Sorry Gaye,
All homes are pre done in the factory before arrival. No painting needed.
This whole imagined affordable housing scams are turning ordinary hard working Papua New Guineans into slaves.
The only real winners is the State, BSP and the Developer.
Selling prices above K75,000.00 cannot be “affordable housing” at all for the PNG middle class. At the bank’s rate of interest, it will take too long and cost at the end about a K1m for a K 500,000.00 house. The would be paid half way past the life of a 50 year life span.
I would like to request more information on the cost of houses to be built by Amode. I have a block of land therefore only need the building costs plus builder’s costs to seek finance for.
Thank you.
Regards
Linus Kaidoga
Sinus,
Email me details & i will be glad to assist.
Please supply me detail of the homes and the prices.
Thank you.
Alice