NRI director Dr Charles Yala

Report assesses factors behind property prices

Released last Wednesday (July 27), issues paper 19, “ASSESSMENT OF MARKET PRICES FOR RESIDENTIAL PROPERTIES IN PORT MORESBY: Do location and property type matter”, presents a snapshot of residential property market trends in Port Moresby.

It examined the supply and prices of residential properties in Port Moresby and investigates whether property type and location influence the prices.