Property Prices in Papua New Guinea
| Index |  |
|---|---|
| Price to Income Ratio: | 450.40 |
| Mortgage as Percentage of Income: | 6,590.54% |
| Loan Affordability Index: | 0.02 |
| Price to Rent Ratio - City Centre: | 14.97 |
| Price to Rent Ratio - Outside of Centre: | 486.12 |
| Gross Rental Yield (City Centre): | 6.68% |
| Gross Rental Yield (Outside of Centre): | 0.21% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 13,790.04 RM | |
| Apartment (1 bedroom) Outside of Centre | 3,086.10 RM | |
| Apartment (3 bedrooms) in City Centre | 12,378.47 RM | |
| Apartment (3 bedrooms) Outside of Centre | 3,501.34 RM | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 3,241.19 RM | |
| Price per Square Feet to Buy Apartment Outside of Centre | 25,349.94 RM | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,708.23 RM | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 13.67 |
These data are based on 55 entries in the past 18 months from 13 different contributors.
Last update: September 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
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