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Residential Property Market Overview in Papua New Guinea The residential real estate landscape in Papua New Guinea is diverse, with a range of property types and features to suit various preferences. Out of the current 170 available properties offered for sale, prices fluctuate from K800,000 reaching up to K3,500,000, where the median property value is pegged at K1,500,000. Investors and homebuyers can choose from an array of property types including houses, apartment complexes, blocks of units, and vacant lands. The most appealing attributes associated with these properties are their strategic locations – proximal to schools, retail shops, transport facilities – in addition to comprehensive safety measures such as full fencing. Our data suggests that 3-bedroom configurations are the most commonly sought after, although options range from 3 to 4 bedrooms. The majority of these residential offerings provide between 1 to 2 bathrooms, along with a median number of 2 parking spaces per property. In terms of orientation, south-west facing properties surface as the top choice, followed by north-east and south-east directional alternatives. As for the sizes of these properties in Papua New Guinea, the average floor area calculates to 111 square meters, running a spectrum between 100 and 216 square meters. The freshest listing in our portfolio was posted just 2 days and 13 hours ago. Numerous agencies manage the sales of these properties, with DAC Real Estate Head Office and Professionals Real Estate leading the market. Plunge into the captivating real estate world of Papua New Guinea and tap into the opportunities it presents.
