Petanak, Kuching · Completed 2013 · Subsale
Riverine Sapphire
A single 22-storey tower of 168 condominium units by RB Development, an IJM Land company, on the Sarawak River at Petanak, part of the Kuching Riverine Resort, with homes mostly of about 1,200–1,500 sq ft on the resale market.
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Answer block
Riverine Sapphire at a glance
Every figure here comes from the developer, the government housing register or the property records named at the foot of the page. Where sources disagree, the range is shown. Where nobody has published a number, it is not on this page.
Development
Riverine Sapphire
By RB Development Sdn Bhd (an IJM Land company), within Kuching Riverine Resort
Address
Jalan Petanak
93100 Kuching
Tenure
Records differ
PropertyGuru and Mudah say freehold; iRumah says leasehold. Check the title
Completed
2013
Target given in 2011; Mudah lists 2022, so records differ
Tower
1 × 22 storeys
Phase two of the Riverine Resort scheme
Units
168
EdgeProp and PropertyGuru
Layouts
About 1,100 sq ft and up
2 and 3 bedrooms; PropertyGuru also lists penthouses up to about 4,400 sq ft
Foreign buyers
Possible, with state approval
Sarawak sets no minimum for strata homes, per law firms
Why this address
Four things buyers weigh at Riverine Sapphire
A riverside tower on the edge of the city centre. Here is the case, and the catch.
On the Sarawak River
The tower is part of the Kuching Riverine Resort, which was planned with a waterfront esplanade alongside the residential towers.
Close to the old town
PropertyGuru notes access via Jalan Padungan, Jalan Abell and Jalan Tunku Abdul Rahman, so the Padungan shops and the city centre are a short drive away.
A known developer
RB Development Sdn Bhd, an IJM Land company, developed the scheme and IJM Land handled sales; the newer Riverine Diamond towers nearby are by the same group.
What to weigh: few recorded sales, older building
EdgeProp has no 48-month median here, so asking prices are hard to test. The tower is more than ten years old, and tenure records disagree; check the title and the sinking fund.
The development
Riverine Sapphire, decoded
One tower of 168 units, the second of four planned phases at Kuching Riverine Resort, which was to include the Emerald and Sapphire residential towers, an office tower and a hotel tower.
Facilities
As listed by PropertyGuru and in the 2011 project report.
Water
Pools
- Swimming pool
- Wading pool
- Spa pool
Active
Fitness
- Gymnasium
- Sauna and steam bath
Residents
Shared spaces
- Multi-purpose hall
- Function room
- Children’s games room
- Landscaped garden
- 24-hour security
Where the project is now
Layouts
All 4 Riverine Sapphire layouts
4 layout types, from 1,115 to 4,420 sq ft. Sizes from the developer’s published plans, checked October 2026. Other layouts may exist; ask for the full list. Tap any layout and the drawing comes to your WhatsApp.
Price and rent by layout
What each layout is asking at Riverine Sapphire
Asking prices and rents seen on iProperty in October 2026, matched to each layout by size. Asking prices are not sale prices; compare them with the recorded transactions above.
| Layout | Size | Asking price | Asking rent | Listings |
|---|---|---|---|---|
| Smallest layout | 1,115 sq ft | – | RM2,400/mo | 1 |
| – | about 1,000 sq ft | – | RM2,300/mo | 1 |
| – | about 1,200–1,250 sq ft | – | RM2,800/mo | 1 |
Location & connectivity
Where Riverine Sapphire sits
Jalan Petanak, 93100 Kuching, Sarawak, within Kuching Riverine Resort.
The recorded numbers
The price numbers
Recorded sales and asking prices are different things. Transacted figures come from deals recorded with the government valuation department; asking figures are what owners or the developer are listing at.
| Measure | Figure | Source and date |
|---|---|---|
| Transacted price recorded high and low | RM450 psf (Sep 2014, 2,863 sq ft) · RM216 psf (May 2012, 1,389 sq ft) | EdgeProp, viewed Oct 2026 |
| Asking price for sale, 1,200–1,500 sq ft (9 listings) | RM565,000–620,000 | Mudah listings, Jul–Oct 2026 |
| Asking price per sq ft | About RM429–586 psf | PropertyGuru, Oct 2026 |
| Asking rent 2 and 3 bedrooms | About RM2,300–3,000 a month | Mudah and PropertyGuru listings, Oct 2026 |
EdgeProp shows no median for the last 48 months, so the only transacted figures are its recorded high and low. All other rows are asking prices from listings, not sales.
Track record
About RB Development Sdn Bhd
The developer of record is RB Development Sdn Bhd, an IJM Land company, with sales and marketing by IJM Land (The Borneo Post, Oct 2011). PropertyGuru, EdgeProp and iRumah list IJM Land Berhad.
A 2011 report described it as phase two of the four-phase Kuching Riverine Resort. IJM Land later added the Riverine Diamond towers in the same area.
Around the building
What is near Riverine Sapphire
The closest places on the map, measured in a straight line from the building. Driving distances are longer.
🚉 Getting around
- Kuching City Center Bus Station~1.9 km
- Bus K21 to Kubah National Park~1.9 km
🛍️ Malls
- Sarawak Plaza~600 m
- Tun Jugah Mall~600 m
- Centrepoint Shopping Centre~600 m
🎓 Schools
- Chung Hua Primary School No. 3~600 m
- SK Song Kheng Hai~600 m
- SK St. Theresa Padungan (M)~600 m
- SK Gersik~800 m
🏛️ Colleges and universities
- SEGi College Sarawak~800 m
- Akademi Percukaian Malaysia Kuching~1.2 km
- SIDMA College Sarawak~2.2 km
🏥 Hospitals
- Hospital Umum Sarawak~2.7 km
- Borneo Medical Centre~3.1 km
- Normah Medical Specialist Centre (NMSC)~4.1 km
Map data © OpenStreetMap contributors. Names as recorded on the map; check opening and enrolment details yourself.
Is it for you?
Which kind of buyer are you?
The same building suits different people for different reasons. Pick the line that sounds like you.
🏠 Living here yourself
Layouts here run from about 1,115 to 4,420 sq ft. Ask me which stacks get the better view and the least afternoon sun; that changes the price more than the floor.
💰 Buying to rent out
Compare the recorded rents in "The price numbers" above with the instalment on your loan. Smaller layouts usually rent faster; larger ones hold tenants longer.
👨👩👧 Family with children
Check the school and clinic distances in the location section, the number of car parks per unit and how busy the lifts are at 7.30 am.
✈️ Buying from overseas
Foreigners can only buy above the state minimum price and pay 8% stamp duty from 2026. Ask me which units here qualify before you shortlist.
Straight talk
What I will not hide from you
Every project has trade-offs. These are the ones I would want to know before paying a deposit.
- ⚠️ More than ten years old. Ask for the last AGM minutes and how much maintenance owners still owe; arrears show up as poor upkeep later.
- ⚠️ Asking prices are not sale prices. Compare any offer with the recorded transacted price per sq ft above before you commit.
The real cost
What buying here costs in 2026
Worked example for a unit at RM620,000,000,000, around the typical asking price here. Your figures will differ with the price and the bank.
| Malaysian buyer (90% loan) | Foreign buyer (70% loan) | |
|---|---|---|
| Purchase price | RM620,000,000,000 | RM620,000,000,000 |
| Down payment | RM62,000,000,000 | RM186,000,000,000 |
| Loan amount | RM558,000,000,000 | RM434,000,000,000 |
| Stamp duty on transfer (MOT) | RM24,799,984,000 | RM49,600,000,000 |
| Stamp duty on loan (0.5%) | RM2,790,000,000 | RM2,170,000,000 |
| Lawyer, sale agreement (incl. 8% SST) | RM82,350 | RM82,350 |
| Lawyer, loan agreement (incl. 8% SST) | RM82,350 | RM82,350 |
| Cash needed before keys | RM89,590,148,700 | RM237,770,164,700 |
| State consent fee for foreigners | – | Set by each state; ask me for the figure |
Estimates only. Stamp duty: 1–4% tiers for Malaysians and PRs, 8% flat for foreigners from 1 Jan 2026. Legal fees follow the Solicitors’ Remuneration Order 2023. First-time Malaysian buyers of homes up to RM500,000 may get a stamp duty exemption until 2027. Valuation, disbursements and moving costs are not included.
Get these numbers for a real unitCalculate my exact costs →Straight answers
Frequently asked questions
How many units are there and how big are they?
168 units in one 22-storey tower. Resale listings are mostly 1,200–1,500 sq ft with 2 or 3 bedrooms; PropertyGuru gives a full range of about 1,115 to 4,420 sq ft, including penthouses.
Is Riverine Sapphire freehold?
Records differ. PropertyGuru and Mudah list it as freehold, while iRumah lists leasehold. A title search will confirm.
Can a foreigner buy here?
In Sarawak a foreigner may buy an individual strata parcel under section 13E(2)(b) of the Sarawak Land Code. Law firms citing the 2019 Direction say strata homes carry no minimum market value, though some guides quote RM600,000, so confirm with your lawyer. Approval comes through the Land and Survey Department, Sarawak, the purchase must be in the buyer’s own name, and low-cost and Bumiputera-reserved units are excluded. Stamp duty on the transfer of a home is a flat 8% for foreign buyers from 1 January 2026. Asking prices here are about RM565,000–620,000.
How much does it rent for?
Two- and three-bedroom units were listed at about RM2,300 to RM3,000 a month in October 2026.
Berapa harga Riverine Sapphire?
Harga tawaran semasa sekitar RM565,000 hingga RM620,000 untuk unit 1,200 hingga 1,500 kaki persegi (Mudah, Julai–Oktober 2026). Bangunan ini siap pada 2013.
Riverine Sapphire 价格多少？
根据Mudah，1,200至1,500平方尺单位目前挂牌价约RM56.5万至RM62万；月租约RM2,300至RM3,000。2013年完工，共168个单位。
Which schools are near Riverine Sapphire?
On map data, the nearest schools are Chung Hua Primary School No. 3 (~600 m), SK Song Kheng Hai (~600 m), SK St. Theresa Padungan (M) (~600 m). Distances are straight-line from the building.
Is there a train or bus station near Riverine Sapphire?
The nearest stations on map data are Kuching City Center Bus Station (~1.9 km), Bus K21 to Kubah National Park (~1.9 km).
What is the nearest hospital and mall to Riverine Sapphire?
The nearest hospital on map data is Hospital Umum Sarawak (~2.7 km), and the nearest mall is Sarawak Plaza (~600 m).
How much cash do I need to buy at Riverine Sapphire?
For a unit at RM620,000,000,000,, a Malaysian buyer with a 90% loan needs about RM82,350 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM89,590,148,700, before the state consent fee. The full table is in "What buying here costs in 2026".
Compare
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Prices move and the better units go first. Tell me your budget and whether you are buying to live in or to rent out, and I will send back the units that fit, not a generic brochure.
Buying, selling or renting: one conversation, no obligation.
Jason Lim
10 years in Malaysian property · Johor Bahru & Kuala Lumpur · REN 84424 · IQI Realty Sdn. Bhd. E (1) 1584/6
I work with local families, investors and buyers from Singapore and overseas. If a project is not right for what you need, I will say so; that is usually worth more than the brochure.