Nambawan Super Limited (NSL) has advised that all squatters on the NSL land Portions 2157, 2156 and 2159, including NSL members are required to relocate to enable orderly redevelopment.
NSL previously informed its members on the NSL owned 9-Mile land Portions that there will be no exceptions made for members or any other organization, group or body illegally squatting on the land Portions.
To ensure the best development outcome, and lot configurations, the site must be vacant. Major civil works will be required across sites to deliver power, water, drainage and sealed roads.
NSL notes that no services, such as power or water, are available on site. Delivering this infrastructure is key to future redevelopment so that all homeowners can have proper services available. Thus, NSL hopes that squatters haven’t illegally tapped into services, as this causes problems for water and power systems within Port Moresby.
In a statement, NSL sympathizes with the members that would be affected, however, as the Trustee for over 208,000 hardworking Papua New Guineans; they remain committed to protecting the interests of the Fund’s membership.
Through recent social mapping exercises, NSL has identified 210 members illegally residing on the NSL land Portions. Of the 210 members, our records indicate a small percentage applied for housing advance, and a very small percentage were successful in having a housing advance approved.
Securing the titles for the land Portions at 9-Mile has been a challenging process, ultimately delaying progress on the site and leading to confusion that resulted in squatters being misled.
NSL stated that no housing advances have been approved since the Court Ruling of 2020, which had granted rightful ownership of the land, Portions 2156, 2157 and 2159 to NSL.
Since the Court Ruling, 24 members have applied and been advised that they were not eligible to receive a housing advance as their proposed site would illegally encroach on NSL land.
NSL advises members that have applied for or believe they have received housing advances from NSL for construction or improvements made on the 9-mile land Portions should register their queries with the 9-mile Project Management Team (PMT) via email to 9mile@nambawansuper.com.pg or in person at the Project office on Portion 2157.
NSL emphasized that they will ensure all their products and services offered to members follow the strict regulations set up by the Superannuation (General Provisions) Act 2000 and regulated by the Bank of PNG.
As such, NSL has systems in place to vet all applications for housing advances and other products to ensure that they are meeting the needs of their members, while complying with statutory regulations.
NSL stated their primary objective is to provide members with superannuation services that aim to deliver real returns and create wealth for members to enjoy in their retirement.
“NSL is not mandated to provide housing schemes. However, recognizing the need for appropriate housing in PNG, we do provide Housing Advances to our eligible members as a subsidiary service.
“At present, we are not selling any land at 9-mile, however, parties interested in purchasing land upon the completion of the redevelopment project should register their interest with the PMT,” According to NSL
NSL has also advised that it is not accepting deposits to secure land at this time and anyone found accepting deposits should be reported to the PMT and/or the appropriate authorities.
“NSL will prosecute anyone who is continuing to sell Portions of NSL lands, all such activities are to cease immediately.”