MRSM owns a couple of executive residential properties in National Capital District.
- Property Portfolio
Property Portfolio
The MRDC Group strategically invests in a diverse portfolio of executive residential and commercial properties in Port Moresby, showcasing a commitment to sustainable growth and economic diversification. These investments are meticulously managed by individual Trustee companies, representing resource landowners, who aim to generate stable and long-term revenue streams for their beneficiaries. This approach ensures financial security and community development, complementing the direct benefits derived from the resource projects on their land. By focusing on high-quality properties, the MRDC Group contributes to the urban development of Port Moresby while fostering opportunities for landowners to build enduring wealth and resilience.
Ex Word Publishing
This prime commercial property comprising a warehouse and residential units is fully leased by one sole tenant. It is located on Section 209, Allotment 2, Hohola.
Tanatana Apartments
Tanatana Apartments is a 12 by 3 bedroom tri level executive units, located on Section 08, Allotment 20, Boroko (Tanatana Street Apartments)
Portlock Apartments
Portlock Apartments is located on Section 14, Allotment 22, Granville (Portlock Street Apartments) on Touaguba Hill. It comprises 6 x 3-bedroom split-level high quality executive type apartments.
MROT owns a couple of residential apartments and a commercial building in Port Moresby.
Prestige Apartments
Prestige Apartments is located on Touaguba Hill comprises 4 x 3 bedroom executive apartments
Sienna Apartments
MROT owns the Condominium Apartments, known as Sienna Apartments. The apartment is located on Lot 37, Section24, Ela Beach, Port Moresby. The executive apartments comprise a total of 18 units (9 x 3 & 9 x 2 bedrooms).
Park Services Apartments
Park Services Apartments is located at 2 Mile Hill. It comprises a total of 10 x 3 bedroom serviced apartments.
Hohola Villas Apartments
MROT owns the Hohola Villas Apartments, located on Allotments 8, Section 2, Hohola. It comprises of 8 x 2 bedroom residential units.
Commercial Properties - Fly River Haus
MROT owns Fly River Haus (WMI Building). It comprises 3 levels of office floors. It is located on Section 63, Lot 24, Gordon’s, NCD.
PRK owns the vacant at Ela Beach known as Section 7, Lot 44, Granville, NCD. It is located along the Ela Beach Road and next to Ela Beach Hotel.
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Related Information
MRDC's success hinges on a strong culture
We strive to fulfill our mission of creating wealth for Papua New Guineans, particularly our beneficiaries. This ambitious goal demands a united and high-performing workforce that embodies the MRDC RAITE Values, fostering the right culture for our journey.