Midas Residences

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

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.

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

Midas Residences is developed by Tang Yu Chiang Construction.

**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.