This was revealed in findings of a report released this week by the Papua New Guinea National Research Institute (PNG NRI).
The report is titled: “Potential Gains from the Development of a Viable Residential Property Market in PNG” (NRI Spotlight article Volume 9, Issue 6).
This Spotlight contributes to the debate on property development and a sustainable housing policy in PNG.
It focuses on one of the findings of the recent article by Associate Professor Eugene Ezebilo (2016) concerning residential property prices in Port Moresby.
