Property Prices in Papua New Guinea
| Index |  |
|---|---|
| Price to Income Ratio: | 418.55 |
| Mortgage as Percentage of Income: | 6,706.72% |
| Loan Affordability Index: | 0.01 |
| Price to Rent Ratio - City Centre: | 10.56 |
| Price to Rent Ratio - Outside of Centre: | 503.95 |
| Gross Rental Yield (City Centre): | 9.47% |
| Gross Rental Yield (Outside of Centre): | 0.20% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 14,657.06 RM | |
| Apartment (1 bedroom) Outside of Centre | 3,087.14 RM | |
| Apartment (3 bedrooms) in City Centre | 13,037.52 RM | |
| Apartment (3 bedrooms) Outside of Centre | 3,700.97 RM | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 2,422.91 RM | |
| Price per Square Feet to Buy Apartment Outside of Centre | 26,795.30 RM | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,878.52 RM | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 15.25 |
These data are based on 56 entries in the past 18 months from 12 different contributors.
Last update: January 2025
Our data for each country are based on all entries from all cities in that country.
Sources and References
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