Port Moresby Real Estate
Looking to buy or rent property in the Port Moresby real estate market? Visit PNG's one stop real estate site for a comprehensive listing.
Port Moresby is the capital and business hub of Papua New Guinea (PNG). Being the main city, Port Moresby also has the biggest real estate market in the country.
The Port Moresby real estate market, like many capital cities around the world is diverse. The properties range from luxurious executive properties in gated communities and apartment blocks or modern multi story office buildings in the CBD to the very basic dormitory style accomodation with shared facilities or affordable commercial properties in the outer suburbs.
www.pngbuynrent.com lists properties to suit all property seekers whether they are on a budget or are looking for a specific property you have a better chance of finding what you are looking for on our website.
Investing in the Port Moresby real estate market has proven to be very lucrative. This has been especially true over the last 4 years up to the end of 2013 where Port Moresby has seen high demand and low supply of properties causing a property boom. This property boom is showing signs of slowing down in 2014, particularly now that the PNG LNG project construction phase is also coming to an end in 2014. This slowing down will bring much needed releif to the residents of Port Moresby particularly those in the mid to low income bracket who have been struggling to keep a roof over their head for the last few years.
The Port Moresby real estate market still has some investment potentual in the near future with the talk of expansion of the PNG LNG project and Inter Oil together with it's joint venture partner Total SA, building the second LNG project outside Port Moresby.
Happy searching and remember go first to www.pngbuynrent.com
About time we had something like this, we have been relying on newspaper ads for too long. Thank you for the one-stop shop alternative.
Your website is informative and convenient for us people who are in search of buying and renting properties, keep up the good work!