The Papua New Guinea National Research Institute reports that the land owned by the State is limited and almost exhausted.
There’s only three percent land that belongs to the government and 97 percent belongs to customary landowners.
This implies that there is a need to free up more customary owned land for residential property sector.
PNGNRI researcher for the property development research program, Professor Eugene Ezebilo, said it’s difficult to access customary land because private investors are skeptical in investing on customary land.
