11 Houses for Sale at The Park Residence
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The Park Residence is a luxurious leasehold condominium developed by the reputable Ibraco Berhad, offering a new standard of urban living in the prime area of Tabuan Tranquility, Kuching. Completed around 2016, this development combines modern architecture with lush, landscaped gardens, embodying a 'Live in Park' concept. It is strategically located at Jalan Tabuan Tranquility, providing residents with easy access to city amenities while being nestled in a serene environment. The Park Residence consists of four blocks, with two 10-storey towers (90 units) and two 6-storey towers (88 units), offering a total of 178 exclusive homes. Unit layouts are varied, including three-bedroom and four-bedroom configurations, as well as penthouse units, with built-up areas ranging from 1,015 sq ft to over 2,988 sq ft. Each unit comes with two free covered car park lots and a private storage room on the ground floor. Residents' safety is prioritized with a 4-tier security system that includes 24-hour guarding, CCTV surveillance, residents-only card access, and an intercom system. The development boasts a lavish clubhouse and a comprehensive suite of facilities:Swimming pool and wading pool Fully-equipped gymnasium overlooking a central green Children's playground Barbecue pit Indoor games room and children's playroom Guest rooms available for rent The Park Residence is conveniently located near various retail and shopping centres. The Giant Hypermarket at Tabuan Tranquility Commercial Centre is just a short drive away. Other notable shopping destinations include Vivacity Megamall and The Spring Shopping Mall. Emart Tabuan Jaya is also located within the Tabuan Tranquility Commercial Centre. The area is close to several educational institutions, making it ideal for families. Nearby schools include SJK Chung Hua No. 2 and SMK Tabuan Jaya. For early education, Eduwis TT3 kindergarten is also in the vicinity. The development is also a short drive from major higher learning institutions like Universiti Malaya Sarawak (UNIMAS) and Universiti Teknologi Mara (UITM). Access to healthcare is excellent, with several facilities nearby. Primecare Medical Clinic and Edon Healthcare are located within the Tabuan Tranquility Commercial Centre. For more comprehensive medical services, Kuching Specialist Hospital and Borneo Medical Centre are also in close proximity. The Park Residence offers great connectivity. It is located just a few minutes' drive from the city centre and is approximately 12.7km from Kuching International Airport. The Park Residence is a project by Ibraco Berhad, a medium-sized real estate company listed on KLSE with a portfolio of around 14 projects across Malaysia. Ibraco is known for developing properties in sought-after locations like Tabuan Tranquility.
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Recent search data shows the project remains relevant to active buyer seekers in the area, drawing on 30 days of PropertyGuru search activity. The development continues to attract interest within the local market as property seekers evaluate available condominium options.
Pricing by Unit Types:- 3-Bedroom Units:
- Avg Asking Price: RM 699K
- Avg PSF: RM 513 psf
- Available Units: 7
- 5+ Bedroom Units:
- Avg Asking Price: RM 4.00M
- Avg PSF: RM 589 psf
- Available Units: 1
- SEKOLAH SUKAN NEGERI TABUAN JAYA (857m, 10-11 mins) — Conveniently close for student athletes to balance their training and academic schedules.
- CHUNG HUA PRIMARY SCHOOL NO. 2 (1200m, 14-15 mins) — A reputable local primary school option that is within a manageable distance for morning school runs.
- TUNKU PUTRA - HELP INTERNATIONAL SCHOOL (1585m, 19-20 mins) — Provides a comprehensive international curriculum for families seeking global educational standards.
- PMG PHARMACY TABUAN TRANQUILITY (622m, 7-8 mins) — Handy for picking up daily health essentials and prescriptions just a short walk from home.
- DR KHO DENTAL SURGERY (1968m, 23-24 mins) — Professional dental care services available within the wider Tabuan Jaya neighbourhood.
- HAPPY FARM FRESH MART (306m, 3-4 mins) — Ideal for grabbing fresh produce and groceries quickly without needing to drive.
- EMART TABUAN JAYA (736m, 8-9 mins) — A major retail anchor nearby that makes weekly household shopping very straightforward.
- GOLDEN DRAGON CITY (1965m, 23-24 mins) — Offers additional variety for retail needs and household goods in the local area.
- PREMIER FOOD REPUBLIC (464m, 5-6 mins) — A great local spot with a variety of food stalls for easy family dinners.
- MCDONALD'S (471m, 5-6 mins) — Quick and familiar meal option located just a few minutes away for a hassle-free treat.
- ZUS COFFEE (704m, 8-9 mins) — Perfect for a morning caffeine fix or a casual spot to meet up with friends nearby.
- PUBLIC BANK | STUTONG BRANCH (1917m, 23-24 mins) — Essential banking services located within the busy Stutong commercial area.
- KOLEJ I-SYSTEMS KUCHING (1646m, 19-20 mins) — Nearby higher education facility providing convenient access for students and academic staff.
- 7M DAILY SDN BHD (STUTONG) (1933m, 23-24 mins) — Useful for late-night snacks or last-minute household items.
The Park Residence has demonstrated significant capital growth in recent years, reflecting a strong upward trend in property valuation.
- PSF Appreciation: RM279.252 psf → RM486.753 psf over recent years (+74.31%) from 2023 - 2025.
- PG Pulse Insight: The project shows substantial capital appreciation with a PSF growth of +74.31%, indicating a strong upward trajectory for property values.
Published date: July 2, 2026





