A planned expansion in Myanmar’s business capital, Yangon, will nearly double the city’s residential capacity, helping to support its property market.
Construction
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Following successful completion of the Papua New Guinea liquefied natural gas project, the country is experiencing a surge of optimism about foreign investment and overall economic growth. PNG remains favoured by its traditional investors such as Australia, but it is increasingly a target for new players, including China and Japan.
Interviews & Viewpoints | Andrew Potter, General Manager, Pacific Palms Property: Interview from The Report: Papua New Guinea 2015
With real estate prices in Papua New Guinea gradually coming down, is the country likely to see an end to its property boom?
Articles & Analysis | PNG's contractors are busy preparing for the 2015 Pacific Games from The Report: Papua New Guinea 2015
The construction boom from the Papua New Guinea liquefied natural gas project may be slowing after years of fast growth, but the sector is still in the midst of expansion, led by infrastructure projects ahead of the 2015 Pacific Games. An opportunity to showcase the country’s rapid development and natural beauty, the games prompted major upgrades to stadia and transport...
Articles & Analysis | Affordable housing creates investment opportunities in PNG from The Report: Papua New Guinea 2015
Much like the construction industry, Papua New Guinea’s real estate sector has recorded strong growth in recent years as the nation rolled out its $19bn PNG liquefied natural gas (LNG) project. Rising inflation, as recorded in the country’s consumer price index (CPI) housing category, saw property prices and rental rates spike between 2008 and 2013. This trend continued...
Articles & Analysis | PNG real estate prices rise with rapid urbanisation from The Report: Papua New Guinea 2015
The residential real estate sector has soared in recent years, as the government wrapped up construction on the $19bn PNG liquefied natural gas (LNG) project in Port Moresby. With rents and home prices showing a sharp increase, there is a growing concern that home ownership remains out of reach for the average citizen. If the strong GDP growth projections for 2015 are...