5 Houses for Sale at The Park Residence
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.
Explore PropertyGuru
Drawing on 30 days of PropertyGuru search activity, this project maintains notable traction in local search behaviour, recording a 1.09% share within the township. Recent search patterns show that the development remains a visible name for buyers exploring options in the condominium segment. This level of interest reflects a steady presence in the market as seekers evaluate available inventory.
Pricing by Unit Types:- 3-Bedroom Units:
- Avg Asking Price: RM 750K
- Avg PSF: RM 500 psf
- Available Units: 2
- 5+ Bedroom Units:
- Avg Asking Price: RM 4.00M
- Avg PSF: RM 589 psf
- Available Units: 1
Location & Lifestyle Highlights — The Park Residence This development brings a refreshing 'Live in Park' concept to Tabuan Tranquility, blending modern apartment living with expansive landscaped gardens for a peaceful retreat. It is a great choice for those who want a quiet, secure home environment without giving up the convenience of having shops and schools just a short drive away. Nearby hotspots: Education & Early Learning:
- SEKOLAH SUKAN NEGERI TABUAN JAYA (516m, 6-7 mins) — A specialized sports school nearby that is perfect for student-athletes and active families.
- CHUNG HUA PRIMARY SCHOOL NO. 2 (1200m, 14-15 mins) — A well-regarded local primary school that provides a solid educational foundation for young children.
- TUNKU PUTRA - HELP INTERNATIONAL SCHOOL (1551m, 18-19 mins) — A comprehensive campus offering a wide range of academic programs within easy reach.
- PMG PHARMACY TABUAN TRANQUILITY (622m, 7-8 mins) — A handy local pharmacy for picking up daily health essentials and prescriptions.
- HAPPY FARM FRESH MART (306m, 3-4 mins) — A very close spot to grab fresh produce and groceries for your daily home cooking.
- EMART TABUAN JAYA (736m, 8-9 mins) — A large retail hub nearby that makes weekend grocery runs and household shopping very easy.
- PREMIER FOOD REPUBLIC (464m, 5-6 mins) — A local food court offering a variety of affordable and tasty dishes for a quick family meal.
- MCDONALD'S (471m, 5-6 mins) — A convenient fast-food option just a short walk away for those busy days or late-night snacks.
- ZUS COFFEE (704m, 8-9 mins) — A popular spot nearby to grab a quality brew or meet up with friends for a casual chat.
- KOLEJ I-SYSTEMS KUCHING (1646m, 19-20 mins) — A nearby higher learning institution that adds value for students and academic staff looking for local housing.
Market & Sale Insights
The Park Residence demonstrates significant capital growth potential within its market segment based on recent transaction trends.
- PSF Appreciation:RM279.252 psf → RM525.253 psf over recent years (+88.09%) from 2023 - 2026
- PG Pulse Insight: The project has shown substantial PSF growth, indicating a strong upward trend in property valuation for investors.
Published date: November 4, 2026








































