By Delly Waigeno – EMTV News, Port Moresby
National Capital District Governor, Powes Parkop, today oversaw a ground breaking ceremony for a K90 million housing project at a prime location in Port Moresby.
The site development called Touaguba Hill Paradise will comprise of three buildings with nine levels each, including basement parking.
Governor Parkop and NPL Development Limited officiated the ceremony.
The multi-million kina property is located in one of Port Moresby’s prime locations, the highest point of Touaguba Hill.
Developer, NPL Development Limited, invited NCD Governor Parkop to officiate at the ground breaking.
Parkop said the project is a show of confidence in the country’s economy, will add value to the city and provide employment for citizens.
Jimmy Poh, Managing Director of NPL Development said the construction of the three buildings will begin immediately and is expected to take two years to complete.
The project, with a construction area of 23,373.70m2, will cost K90 million and the target to handover to clients is by June 2018.
When finished, it will comprise 113 fully furnished unit apartments that will be created via a collaboration of an international team of designers.
The apartments will have classy and distinctive interiors, and an array of facilities that will bring a modern style of living. It will also include a swimming pool, gymnasium, children’s playground and 24-hour security for tenants.
With a million kina view of Ela Beach, Koki Bay and partial view of Harbour City, Touaguba Hill Paradise will start with its pre-selling and offer a range of apartment types to suit clients needs.
DAC Real Estate is the sales agent for the Touaguba Hill Paradise.