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Midas Residences
Built by Tang Yu Chiang Construction, Midas Residences brings 58 double-storey terrace houses to Sibu, Sarawak, at Lorong Ulu Sungai Merah 63. A show house can be viewed on site, and the developer’s summary estimates completion in 2025.
Every unit follows a single design, offered either as an intermediate or as a corner lot. On the developer’s specification sheet the footprint is 7.5 m x 11.5 m, which the same sheet converts to 25 ft x 38 ft. Spread over the two floors, that gives about 1,900 sq ft of built-up.
Inside, you get 3+1 bedrooms and four bathrooms. Downstairs holds the living and dining space, a kitchen backed by a laundry area, a store, a study room and a bathroom. On the first floor sit a master bedroom with ensuite bathroom and balcony, two more bedrooms, a family hall and another pair of bathrooms.
Nothing in the specification is left vague. The structure is a reinforced concrete frame with walls of calcium silicate board or red earth brick, under Colour Bond metal roofing. Living and dining floors get 600 mm porcelain tiles; bedrooms, the family hall and the stairs are laminate. Bathrooms and the kitchen are tiled in porcelain right up to the ceiling. Along the boundary there is a plastered brick wall 1.8 m high plus a mild steel gate.
Quick answer: Midas Residences is a leasehold landed property development by Tang Yu Chiang Construction in Sibu, Sarawak. It offers 58 units, with 3+1 bedroom layouts, from 1,900 to 1,900 sq ft, with completion targeted for 2025.
Development at a Glance
Everything below comes from the developer’s own material. These are the figures that are fixed at construction — renovation changes none of them, so they are worth checking before anything else.
- Developer — Tang Yu Chiang Construction
- Property type — Landed Property
- Tenure — Leasehold
- Land title — Residential
- Storeys — 2 storeys
- Total units — 58
- Architect — Structure in reinforced concrete; walls in calcium silicate board or red earth brick; roof in Colour Bond metal
- Completion — 2025
What the numbers actually say
At 58 homes this is a small scheme — the whole development is effectively one street, which usually means a single construction phase and a short handover window.
There is one house type across the whole development, so the choice you are really making is the lot, not the layout. Walk the actual plot: an end or corner position buys side land that no floor plan shows.
Completion is stated as 2025. Ask to see that date on the statutory panel rather than in the brochure headline, and hold the developer to the panel version.
Unit Types
| Type | Size | Bedrooms | Bathrooms | Notes |
|---|---|---|---|---|
| Double Storey Terrace | 1,900 sq ft | 3+1 | 4 | Sold as intermediate or corner terrace. House measures 7.5 m by 11.5 m, which the specification sheet gives as 25 ft by 38 ft. Ground floor: entrance, living, dining, kitchen, laundry, study room, store and one bathroom. First floor: master bedroom with ensuite and balcony, two further bedrooms, family hall and two more bathrooms |
All 58 houses share the same plan, and buyers choose between intermediate and corner positions. It is a 3+1 arrangement: three bedrooms on the upper floor, with a study room at ground level that can serve as a fourth bedroom, a guest room or an office. There are four bathrooms, one of them downstairs. Upstairs, the family hall is large enough to act as a second lounge instead of a mere landing. Per the developer’s specification sheet, each house is 7.5 m x 11.5 m (25 ft x 38 ft), and the two floors together come to roughly 1,900 sq ft.
Layout & Floor Plan
The plan below is the developer’s own drawing.
- Type Double Storey Terrace — 1,900 sq ft with 4 bathrooms and 3+1 bedrooms, available as a corner or intermediate terrace. The footprint is 7.5 m x 11.5 m, shown on the specification sheet as 25 ft x 38 ft. Downstairs: entrance, living and dining areas, kitchen, laundry, a store, the study room and a bathroom. Upstairs: master bedroom with balcony and ensuite, two other bedrooms, a family hall and two additional bathrooms.
Facilities
In the house
- Study room on the ground floor
- Family hall on the first floor
- Master bedroom with ensuite bathroom and balcony
- Laundry area off the kitchen
- Store room
Finishes
- Living and dining floors: 600 mm porcelain tiles
- Laminate flooring to bedrooms, family hall and staircase
- Kitchen and bathroom walls tiled in porcelain up to the ceiling
- Plaster ceiling to living, dining, kitchen and bedrooms
- Stainless steel handrail
- Aluminium sliding windows with tinted glass
Services
- Single-phase concealed conduit wiring
- 18 lighting points, 11 power points and 2 air-conditioner points
- Concealed plumbing
- Stainless steel sink to kitchen
External
- Mild steel gate
- 1.8 m plastered brick boundary wall
- Colour Bond metal roof
- Weather-resistant external paint
Location & Connectivity
The address is Lorong Ulu Sungai Merah 63, within Sungai Merah, the district just north of Sibu town. Far from being a fresh frontier, this is long-settled residential Sibu. The area runs its own market, schools and commercial centre, and it has taken in the town’s outward expansion over several decades.
For most local families, what matters is that both key schools can be reached on foot. SJK(C) Nang Sang and SMK Ulu Sungai Merah line the same stretch of road, and the commercial centre lies in between. By car, Jalan Ling Kai Cheng leads to Jalan Ulu Sungai Merah, which in turn takes you into Sibu town for the government offices, Wisma Sanyan and the Central Market. Near Sibu Jaya, about 23 km away, is Sibu Airport.
- SMK Ulu Sungai Merah — local secondary school, located along this road
- SJK(C) Nang Sang — close-by Chinese primary school
- Ulu Sungai Merah commercial centre — a strip of neighbourhood shops for everyday errands
- Jalan Ling Kai Cheng — link road leading into the rest of Sungai Merah
- Sungai Merah town — long-established shopping district just north of central Sibu
- Sibu town centre — home to the express boat terminal, Central Market and Wisma Sanyan
- Sibu Hospital — the principal public hospital for central Sarawak
- Sibu Airport — roughly 23 km away, beyond Sibu Jaya
Developer Background
Midas Residences is developed by Tang Yu Chiang Construction.
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Frequently Asked Questions
What is the land tenure at Midas Residences?
The tenure is leasehold, on a Residential title.
What unit types are available at Midas Residences?
1 layout: Type Double Storey Terrace is 1,900 sq ft with 3+1 bedrooms and 4 bathrooms.
Where is Midas Residences?
It is in Sungai Merah, Sibu, Sarawak, at Lorong Ulu Sungai Merah 63 just off Jalan Ling Kai Cheng. The local commercial centre sits between two schools on that road, SJK(C) Nang Sang and SMK Ulu Sungai Merah.
How many units does Midas Residences have?
There are 58 homes, all double-storey terraces built to a single design, in either corner or intermediate positions.
How big is a Midas Residences house?
Each house has roughly 1,900 sq ft built-up over two floors. The footprint on the developer’s specification sheet is 7.5 m x 11.5 m, listed on the same sheet as 25 ft x 38 ft.
How many bedrooms and bathrooms?
Four bathrooms and three upstairs bedrooms, with a study room at ground level as the extra room. One bathroom is downstairs, the master bedroom has an ensuite plus a balcony, and the first floor holds two further bathrooms.
What is on each floor?
Downstairs: entrance, living and dining areas, kitchen with laundry at the rear, study room, store and a bathroom. Upstairs: master bedroom with balcony and ensuite, two other bedrooms, two bathrooms and a family hall.
Is Midas Residences freehold or leasehold?
It is leasehold. The developer’s summary gives a 60-year term, typical for land of this class in Sarawak. Before signing, check the title for the land classification and how much of the term remains.
When will Midas Residences be completed?
Completion is estimated for 2025 in the developer’s summary. Since that figure predates the circulation of the sales material, ask the developer where handover currently stands.
Unit Sizes
| Type | Size | Bedroom | Bathroom |
|---|---|---|---|
| Type Double Storey Terrace | 1,900 sqft | 3+1 Bedroom | 4 Bathroom |
Is Midas Residences Right For You?
Why Buy at Midas Residences
Walk the children to school. SJK(C) Nang Sang and SMK Ulu Sungai Merah can both be reached on foot, and the commercial centre sits in between. For a Sibu family, that alone settles it: no driving across town and no daily school run.
More rooms than the footprint suggests. The 3+1 layout’s ground-floor study room earns its keep as an office, a room for visiting parents, or a fourth bedroom for anyone who struggles with stairs. Having four bathrooms in a terrace this size is also generous.
An upstairs lounge, not just a landing. In many double-storey terraces the top of the stairs is only a passage. Here the family hall is a usable room, and for households with children that shifts how the whole house gets used.
A full, candid specification sheet. It lists the reinforced concrete frame, the roofing system by name, tile dimensions and precisely how many lighting and power points each house gets. That lets you compare like for like with other Sibu terraces, something few developers make possible.
A neighbourhood that already works. Sungai Merah’s market, schools and shops have been operating for decades. You move into a settled community instead of waiting and hoping one grows up around you.
Why Midas Residences May Not Suit You
Leasehold, 60 years on the developer's own summary. That is a shorter term than the 99 years most buyers assume, and it matters for financing and for resale in twenty years' time. Verify the remaining term on the title before you go further — this is the single most important check on this project.
One house type, take it or leave it. No smaller unit, no larger unit, no single-storey option. If the 7.5 m frontage or the two-storey layout does not suit, there is nothing else here.
The completion year in the sales material has already passed. The summary says 2025. Ask directly where the project stands, what has been handed over, and what has not.
You will want a car. Sungai Merah has its own shops and schools, but Sibu town, the hospital and the airport are all a drive away, and public transport in Sibu is thin.
Sibu is a hold market, not a trading one. Buyers here are overwhelmingly local and multi-generational, and stock turns slowly. That is fine if you intend to live in it; it is a real constraint if you expect to sell quickly.
Our Take
Who is Midas Residences best for?
Midas Residences in Sungai Merah, Sibu is best for a family that needs three bedrooms upstairs plus a room downstairs: the ground-floor study sits beside the downstairs bathroom. All 58 houses share one plan of about 1,900 sq ft on a 7.5 m frontage, so choose by lot. Our pick is a corner lot.
- Why a corner lot
- The plan's corner house adds a 3,000 mm side garden along the living and dining areas, side windows to both, and a side door from the dining area. In an intermediate house the dining area has no outside wall.
- Pick differently if
- An intermediate lot if you want the same 3+1 rooms and four bathrooms without a side garden to keep up.
- Check before you book
- On the plan, the corner lot's side is dimensioned as 3,000 mm of garden plus a further 3,026 mm strip. Ask which part sits inside that lot's title before you choose.
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By the MyDreamProp team · Updated · Our view, based on the developer's brochure floor plan and specification sheet.
Looking to rent or buy at Midas Residences?
Midas Residences is completed, so units come up for rent and resale. We have none listed right now; send us your budget and we will check what is available.
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Area Deep Dive: Sibu, Sarawak
Schools and campuses5
- SMK Methodist Sibu
- Sacred Heart Secondary School
- SMK Sungai Merah
- Laila Taib College
- Politeknik Mukah campus outreach
Healthcare3
- Sibu Hospital
- Rejang Medical Centre
- Klinik Kesihatan Sibu Jaya
Daily essentials6
- Wisma Sanyan
- Star Mega Mall
- Sibu Central Market
- Delta Mall
- Sibu Bus Terminal shophouses
- Medan Mall
Transit and highways4
- Sibu Airport
- Pan Borneo Highway to Bintulu and Kuching
- Sibu Express Boat Terminal on the Rajang
- Sibu Bus Terminal
Distances vary by exact address and time of day. Drive your intended commute at peak hour before deciding.
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