Momase News

Housing Company positive on Lae Rental Market


Despite the tough economic times, a Real Estaste Company is bucking the trend to open a set of 6 high-end Units last Saturday evening.

Venture PNG Properties Limited, said Lae’s property market was forecasted to be stable before the company embarked on building the apartments.

And that the company’s risk checks were done according to rental property market trends in the city.

The company said the units would appeal to corporate and individual clients.

The property comes with essential amenities for Lae’s irregular power and water supply such as back up water tanks and a generator set, a gym and recreational facilities.


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