20/07/2026
REPOST
NBC MORTGAGEE SALE
RESIDENTIAL PROPERTY FOR TENDER
TENDER NO: HO.10.10/2026
Property Details:
- Location: Warakum, Mt. Hagen, Western Highlands Province
- Type: Two-level Residential Property
- Layout: 1 bedroom unit on ground level + 6 bedroom residence on upper level
- Tenure: State Lease - Volume 107, Folio 103, Allotment 27, Section 65
- Note: Sold Without Vacant Possession
Tender Requirements:
- Provide evidence of available funds to complete the purchase
- Pay a 10% deposit within 14 days of bid acceptance via cash or internet banking
- Enter into a Contract of Sale in compliance with the Bank's terms and conditions
- Pay the balance of the purchase price upon completion
Tender Information:
- Non-refundable Tender Fee: K200.00 per tender application
- Tender forms: Level 4, PwC Haus, Harbour City, Port Moresby. Applicants outside POM can get forms from nearest NBC branch
- Submission deadline: Thursday 30 July 2026
- Inspection: Bidders advised to inspect the property prior to submitting bids
Contact:
- Asset Recoveries and Collection, National Banking Corporation Limited
- PO Box 103 Boroko, National Capital District
- Phone: 8599 9009
- Email: [email protected]
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National Banking Corporation
Source: The Nation