We’re quite fortunate to get some tips from Papua New Guineans who have realised their dream of owning a home.

Most of them started off with very little but have built their way up.  If simple Papua New Guineans can do it, anyone can do it.  There’s no quick way around it for sure, but it’s possible.


Here are top 10 tips we’ve gathered from Papua New Guineans who now have a home after years of hard work and sacrifice.

  1. It’s not easy but it’s not impossible

You have to be in a mindset that it’s not impossible because it isn’t.  This mindset gives you a more positive look towards your intended goal.

  1. Steady employment

You need to have a history of steady employment.  That’s not to say that you should ignore a fantastic opportunity that comes by because you shouldn’t.   but building a track record of having a steady employment gives comfort to financiers.

  1. Get into the habit of saving

Unless you win the lotto, you’re going to have to grind it out saving.  That doesn’t mean you should forego the necessities because you can’t.  But getting into a savings habit early helps you build your savings.

  1. Start small – cheaper price and build

If you’re on the verge of buying and are now in the process of looking for a property, start small.  Look at what you can afford.  You might start off with land only and gradually build your home as finance becomes available.

  1. look for growth areas

You’re not going to look straight into the luxury areas.  You can look at areas that are growing, that are relatively cheap and build equity over time.

  1. look to build your savings by looking at other revenue generating activities

Sometimes savings isn’t enough. You need to look at other revenue generating opportunities to help you build your equity faster.  Small businesses is a good idea.  If you’re the bread winner and your partner is at home looking after the house, why not get them into a revenue generating activity and make that extra Kina count.

  1. Add more to your super

Sometimes when we have cash in hand, we tend to spend.  How about consulting with your paymaster to contribute more to Super.  With most super you can withdraw for housing purposes.  Even better, you can earn interest on your contributions if the fund invests well and provides positive returns.

  1. Open and contribute to a savings account

Contributing to super is one of many options.  The other option is to become a member of a savings and loans society.  These funds are re-invested and like super, they have the potential to provide positive returns.

  1. Change your lifestyle – reduce consumption of alcohol, betelnut, cigarette

It’s amazing how changing your lifestyle can contribute to higher savings.  Yes, it’s hard to get rid of beer or betelnut.  How about cutting down on these things.

  1. Have a positive outlook on life and work hard

You need to be determined to succeed.  And then work hard for it.  There’s no two ways about it.

If you’re on the verge buying, check out Papua New Guinea’s leading real estate portal www.hausples.com.pg for the latest listings.