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Midas Residences
Midas Residences is a 58-unit double-storey terrace development on Lorong Ulu Sungai Merah 63 in Sibu, Sarawak, by Tang Yu Chiang Construction. The developer’s summary puts estimated completion at 2025, and a show house is open on site.
There is one house type, sold as an intermediate or a corner lot. The house measures 7.5 m by 11.5 m — 25 ft by 38 ft on the developer’s own specification sheet — for a built-up of roughly 1,900 sq ft across two floors.
The layout is a 3+1 with four bathrooms. The ground floor carries the living and dining areas, kitchen with a laundry area behind it, a study room, a store and one bathroom. Upstairs are the master bedroom with its own bathroom and balcony, two further bedrooms, a family hall and two more bathrooms.
The specification is straightforward and stated in full: reinforced concrete frame, red earth brick or calcium silicate board walls, Colour Bond metal roofing, 600 mm porcelain tiles to the living and dining areas, laminate flooring to the bedrooms, family hall and staircase, and porcelain wall tiles to ceiling height in the bathrooms and kitchen. A 1.8 m plastered brick wall and a mild steel gate close off the boundary.
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 — Reinforced concrete frame, red earth brick or calcium silicate board walls, Colour Bond metal roofing
- 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 |
One house type across all 58 units, sold as either an intermediate or a corner lot. The layout is a 3+1: three bedrooms upstairs plus a ground-floor study room that works as a fourth room, guest room or home office, and four bathrooms including one downstairs. The family hall on the first floor is a genuine second living space rather than a landing. The developer’s specification sheet states the house as 7.5 m by 11.5 m (25 ft by 38 ft); built-up is about 1,900 sq ft across the two floors.
Layout & Floor Plan
The plan below is the developer’s own drawing.
- Type Double Storey Terrace is 1,900 sq ft, 3+1 bedrooms and 4 bathrooms — 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.
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
- 600 mm porcelain tiles to living and dining
- Laminate flooring to bedrooms, family hall and staircase
- Porcelain wall tiles to ceiling height in bathrooms and kitchen
- 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
Midas Residences sits on Lorong Ulu Sungai Merah 63, in the Sungai Merah area north of Sibu town. This is established residential Sibu rather than a new frontier: Sungai Merah has its own commercial centre, its own schools and its own market, and has been absorbing the town’s outward growth for decades.
The practical draw of the address is that the two schools most families here care about are within walking distance — SMK Ulu Sungai Merah and SJK(C) Nang Sang both sit on the same stretch of road, with the commercial centre between them. Jalan Ling Kai Cheng carries you out to Jalan Ulu Sungai Merah and from there into Sibu town, where Wisma Sanyan, the Central Market and the government offices are. Sibu Airport is roughly 23 km out near Sibu Jaya.
- SMK Ulu Sungai Merah — the neighbourhood secondary school, on the same road
- SJK(C) Nang Sang — Chinese primary school nearby
- Ulu Sungai Merah commercial centre — the local row of shops for daily needs
- Jalan Ling Kai Cheng — the connecting road out to the wider Sungai Merah area
- Sungai Merah town — the older commercial centre north of Sibu town proper
- Sibu town centre — Wisma Sanyan, the Central Market and the express boat terminal
- Sibu Hospital — the main government hospital serving central Sarawak
- Sibu Airport — about 23 km out, past 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. Type Double Storey Terrace is 1,900 sq ft with 3+1 bedrooms and 4 bathrooms.
Where is Midas Residences?
On Lorong Ulu Sungai Merah 63, off Jalan Ling Kai Cheng in the Sungai Merah area of Sibu, Sarawak. SMK Ulu Sungai Merah and SJK(C) Nang Sang are both on the same stretch of road, with the local commercial centre between them.
How many units does Midas Residences have?
58 double-storey terrace houses, sold as intermediate or corner lots. There is one house type.
How big is a Midas Residences house?
The developer’s specification sheet gives the house as 7.5 m by 11.5 m, which it states as 25 ft by 38 ft. That works out to about 1,900 sq ft of built-up across the two floors.
How many bedrooms and bathrooms?
Three bedrooms upstairs plus a ground-floor study room, and four bathrooms. The master bedroom has its own bathroom and a balcony; there is one bathroom on the ground floor and two more on the first floor.
What is on each floor?
Ground floor: entrance, living, dining, kitchen with laundry behind it, study room, store and one bathroom. First floor: master bedroom with ensuite and balcony, two bedrooms, a family hall and two bathrooms.
Is Midas Residences freehold or leasehold?
Leasehold. The developer’s summary states a 60-year term, which is standard for this class of land in Sarawak. Confirm the remaining term and the land classification on the title before committing.
When will Midas Residences be completed?
The developer’s summary gives an estimated completion year of 2025. Check the current handover position with the developer, as that estimate was issued before the sales material was circulated.
| 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
Two schools on the same road. SMK Ulu Sungai Merah and SJK(C) Nang Sang are both within walking distance, with the commercial centre between them. For a family in Sibu that is the whole argument — no school run, no crossing town.
A 3+1 with four bathrooms at terrace-house scale. The ground-floor study room is the piece that does real work: guest room for visiting parents, home office, or a fourth bedroom for someone who cannot manage stairs. And four bathrooms in a terrace house of this size is generous.
The family hall is a second living room. Most double-storey terraces give you a landing. This one gives you a proper upstairs space, which changes how a family with children actually uses the house.
The specification is published in full and it is honest. Reinforced concrete frame, named roofing system, tile sizes, the exact count of lighting and power points. You can price a comparison against any other Sibu terrace on the same terms, which is unusual.
Sungai Merah is established, not speculative. The shops, the market and the schools are already there and have been for decades. You are buying into a working neighbourhood rather than betting on one forming.
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.
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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