Tisa Rua Multistorey Development
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Overview
Delivering a Premium Mixed-Use Landmark with Cultural Depth and Commercial Purpose
Kramer Asia Pacific were engaged by Teachers Savings and Loan Society (TSL) as a returning client, to provide full suite of professional services for a new ten (10) storey development in Waigani.
The site is adjacent to the existing seven (7) storey Tisa Haus building Kramer Asia Pacific previously designed and project managed over two decades ago.
As a well-managed savings and loan society, TSL sought to invest into property and development while also catering to their own growing requirements for additional commercial office space. TSL then engaged KAPAC to provide initial concept assessment and site master planning services.
The multistorey development is a mixed-use podium and tower, consisting of retail and restaurants on ground floor and level 1 podium, with commercial office space occupying tower levels 2-8, with one level of 3 luxury residential penthouse apartments. The project aspires to be a high-end quality development appealing to the discerning retail, commercial, or residential tenant.
Industry
- Commercial & Residential
Disciplines
Project Management Design,
Contract Administration,
Superintending Construction Verification
Location
Waigani, Port Moresby, Papua New Guinea
Client
Teachers Savings & Loan Society (TSL)
Completion
est. November 2022
Problem
Meeting Growth Demands While Maximising Investment Potential
TSL, a growing savings and loan society, faced a dual challenge:
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Space Constraint
Their existing Tisa Haus facility no longer accommodated expanding commercial operations.
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Strategic Investment
TSL sought a high-value, income-generating real estate project that aligned with their long-term financial goals.
Given the premium urban site and increasing demand for quality office and retail space, the client required a sophisticated, landmark development that could meet their internal needs and attract premium tenants.
Tisa Rua is inspired by the architectural nuances of the Kairuku stilt house
Tisa Rua Multistorey Development
Solution
A Landmark Development Blending Cultural Identity with Commercial Vision
Kramer Asia Pacific (KAPAC) delivered a holistic project solution across all phases:
Design & Planning
- Master planning and conceptual development that respected the cultural heritage of the site, inspired by the Kairuku Hiri stilt house.
- Integrated Environmentally Sustainable Design (ESD) principles suited to the Pacific climate.
- Developed a mixed-use building:
- Retail & restaurant (Ground & Level 1)
- Commercial offices (Levels 2–8)
- 3 luxury residential penthouses (Top Level)
Project Management & Delivery
- Full lifecycle management: Design, tender, approvals, contract administration, and superintendence.
- Managed all statutory approvals, including Physical Planning and Building Board.
- Administered AS2124 Contract Conditions and contractor oversight, ensuring the project stayed under budget and ahead of schedule, even amid COVID-19 challenges.
Engineering & Technical Services
- Structural, civil, and building services engineering across all stages.
- Partnered with specialist consultants for lighting, surveying, geotechnical, and certification.
- Coordinated multi-disciplinary teams, conducted site inspections, and issued regular progress and compliance reports.
An Integrated, Culturally-Inspired Mixed-Use Development in Port Moresby
The Tisa Rua Multistorey Development stands as a testament to what’s possible when strategic vision, cultural insight, and technical expertise align. Through a fully integrated approach, Kramer Asia Pacific supported Teachers Savings & Loan Society in delivering a high-quality, future-focused development that balances commercial returns with architectural significance.
Completed ahead of schedule and under budget, the project reinforces KAPAC’s ability to lead complex, multi-stakeholder developments from concept through to completion — delivering value, efficiency, and enduring impact in the heart of Port Moresby.
- 36 months Project Duration
- >PGK 100m Project Value
- 10 storeys Tower Levels
See the Complete Project Details
Access the complete project factsheet for a comprehensive overview of our role, the project’s challenges, and the successful outcomes. This report provides key technical data and a full description of our management approach.
