New housing developments in Port Moresby

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Papua New Guinea’s capital city is seeing a construction boom this year, with many commercial and housing developments in the pipeline.

Hausples launches new businesses on the back on ‘exponential’ internet traffic growth

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The COVID-19 crisis has forced companies in Papua New Guinea to find new ways of doing business. Matthew Care, Chief Executive and Founder of real estate portal Hausples, explains to Business Advantage PNG that his company has never been more innovative.

Top-end woes: expat flight affects Papua New Guinea’s high-end real estate

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The upper end of the housing market in Papua New Guinea is being adversely affected by the closure of the international borders, according to Tom Snelling, General Manager of property classifieds site Hausples.com. But he expects that there will be more movement in the cheaper areas of the real estate market.

Land ownership in Papua New Guinea explained

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A guide to Papua New Guinea’s landownership rules for foreign investors.

Property still prohibitively expensive in Papua New Guinea

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A new report indicates that most Papua New Guineans still consider house prices to be out of reach, although some believe this is an ideal time for buying. 

In Brief: signing of the Papua LNG project agreement deferred and other business stories

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The signing of the Papua LNG project deferred, PNG LNG signs Singapore deal, and Minister flags new Mining Act. Your weekly digest of the latest business news.

Hausples property survey finds a positive outlook towards property but prices are still considered unaffordable

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Hausples.com.pg has released its Real Estate Survey 2018, which shows that the biggest challenge for the market is supply side factors such as land titles, infrastructure and private sector investment. But it says these issues ‘are slowly being addressed’ and that there is ‘unequivocal market demand for housing at various price points.

Home building set to rise sharply in Papua New Guinea says real estate website CEO

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Home building in Papua New Guinea is set to accelerate sharply, according to Matthew Care, Chief Executive and founder of the real estate website Hausples.com.pg, which has an expo in Port Moresby this weekend. He tells Business Advantage PNG that the growth is being driven by pent-up demand.

Papua New Guinea’s real estate market maturing, says Hausples CEO

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The Chief Executive and Founder of real estate portal Hausples, Matthew Care, explains to Business Advantage PNG that the company is set to take advantage of higher rates of internet usage in Papua New Guinea. He expects rates of urbanisation to increase.

Releasing more land key to increasing Papua New Guinea home ownership

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Demand for housing in Papua New Guinea is strong but there is a shortage of supply, according to the latest survey by Hausples, a Port Moresby-based real estate technology company.