Hausples.com.pg

PNG's No. 1 Real Estate Marketplace Since 2013

Hausples.com.pg is PNG's leading real estate marketplace, with a deep integration to the leading real estate agents within the country

History

Hausples.com.pg (tok pisin (the native language of Papua New Guinea) for ‘House Place’) was established by DCG in late 2013 as a provider of real estate websites, social media integration and customer relationship management systems (CRM) to real estate agents in Papua New Guinea.

DCG pursued this strategy with a clear view to digitising real estate listing data and building deep relationships with real estate agents as a precursor to launching a real estate portal.

In March 2014 the Hausples.com.pg real estate portal was launched and quickly became the leading online real estate marketplace in Papua New Guinea. Hausples.com.pg acts as an aggregator for the online marketing of properties for sale and rent on behalf of real estate agents countrywide. The company’s clients include the major real estate groups in Papua New Guinea including Century 21 Siule, L.J Hooker, Strickland Real Estate, DAC Real Estate and Pacific Palms Property.

Market

DCG chose to commence operations in Papua New Guinea due to its substantial population (9 million people), vast natural resources wealth (total GDP exceeds USD $23 billion), and rapidly growing internet penetration which is currently 15% and growing at 25% year on year.

In addition, Papua New Guinea has a chronic undersupply of housing which the government is currently addressing via a range of initiatives, including a first homeownership loan scheme, land rezoning and accelerating new development approvals. These initiatives are giving rise to substantial public and private property developments. A number of Australian, Chinese and Malaysian property developers are launching large scale projects, some of which exceed 5,000 homes.