Jalan Merdeka, Bandar Labuan · Completed · Subsale
Labuan Times Square
A 9-storey block of 182 serviced residences off Jalan Merdeka in Labuan town, part of a mixed development with shoplots and offices, close to Financial Park, the Labuan Museum and the international ferry terminal, with units of about 580 to 1,820 sq ft and some sea and harbour views.
Replies on WhatsApp from Jason himself · No obligation
Answer block
Labuan Times Square 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
Labuan Times Square
Serviced residences in a mixed development of shoplots, offices and apartments on the south side of Labuan town
Address
Off Jalan Merdeka
87000 Bandar Labuan
Tenure
Leasehold
About 66 years left, per 2026 listings
Status
Completed
Completion year not published
Building
9 storeys
Units
182
Sizes
About 581–1,819 sq ft
2 and 3 bedrooms, from listings
Foreign buyers
Larger units only
Labuan minimum is RM1 million
Why this address
Four things buyers weigh at Labuan Times Square
A town-centre address in a small market. Here is the case, and the catch.
In the middle of town
Listings place it within reach of Financial Park, the Labuan Museum, the beach, the international ferry terminal and the Grand Dorsett hotel.
Sea and harbour views
Several listings describe sea or harbour views and balconies on the upper floors.
Corporate and oil and gas tenants
Rental listings target professionals and oil and gas workers, with 2- and 3-bedroom units asking about RM2,000–2,500 a month.
What to weigh: lease and a thin market
About 66 years remain on the lease, which can limit bank financing and resale. Only a handful of units are listed at any time, so prices are hard to benchmark.
The development
Labuan Times Square, decoded
One 9-storey block of 182 serviced residences, part of a mixed development with shoplots and office units, held under a leasehold master title.
Facilities
As listed on Mudah and PropertyGuru; the developer’s own list was not found.
Building
Basics
- 24-hour security
- Lifts
- Parking
- Minimart
Residents
Shared spaces
- Gym
- Jogging track
- BBQ area
- Multipurpose hall
Where the project is now
Layouts
All 5 Labuan Times Square layouts
5 layout types, from 581 to 1,819 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.
3 bedrooms (large) — 1,475 sq ft
3 bed 2 bath · 1,475 sq ft
Get this floor planAsk price & availability →2 bedrooms (largest) — 1,819 sq ft
2 bed 2 bath · 1,819 sq ft
Get this floor planAsk price & availability →Location & connectivity
Where Labuan Times Square sits
Off Jalan Merdeka, Bandar Labuan, 87000 Federal Territory of Labuan, in the town-beach area.
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 |
|---|---|---|
| Asking price 3 bedrooms, 1,475 sq ft | RM650,000 · about RM441 psf | Mudah listing, Aug 2026 |
| Asking price 2 bedrooms, 1,819 sq ft, fully furnished | RM1,300,000 · about RM715 psf | Mudah listing, Sep 2026 |
| Asking rent 2 and 3 bedrooms, 581–1,206 sq ft | RM2,000 – RM2,500 a month | Mudah listings, Jul–Sep 2026 |
No transacted median was published for this building on the portals we checked. Listing figures are asking prices, not transactions. One fully furnished 1,300 sq ft unit, listed under the name Paragon, asks RM4,200 a month.
Around the building
What is near Labuan Times Square
The closest places on the map, measured in a straight line from the building. Driving distances are longer.
🚉 Getting around
None found nearby on the map
🛍️ Malls
- Supermarket~500 m
🎓 Schools
- SK Pekan II~700 m
- SJK (C) Chi Wen~800 m
- SMK Labuan~900 m
- SK Pekan 1~900 m
🏛️ Colleges and universities
- GiatMARA Labuan~2.0 km
🏥 Hospitals
- Labuan Hospital~4.4 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 581 to 1,819 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.
- ⚠️ Leasehold title. Check how many years remain on the lease; banks lend less, and buyers pay less, as the lease gets shorter.
- ⚠️ Serviced apartments usually sit on commercial land. Utility tariffs and some loan terms can be less favourable than for a residential title.
- ⚠️ 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 RM1,300,000, 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 | RM1,300,000 | RM1,300,000 |
| Down payment | RM130,000 | RM390,000 |
| Loan amount | RM1,170,000 | RM910,000 |
| Stamp duty on transfer (MOT) | RM36,000 | RM104,000 |
| Stamp duty on loan (0.5%) | RM5,850 | RM4,550 |
| Lawyer, sale agreement (incl. 8% SST) | RM15,390 | RM15,390 |
| Lawyer, loan agreement (incl. 8% SST) | RM13,986 | RM11,178 |
| Cash needed before keys | RM201,226 | RM525,118 |
| 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 does Labuan Times Square have?
182 units in a 9-storey building, according to PropertyGuru.
Is it freehold?
No. It is leasehold; 2026 listings say about 66 years remain.
How much does it rent for?
2- and 3-bedroom units are listed at about RM2,000 to RM2,500 a month (Mudah, 2026).
Can a foreigner buy here?
Labuan is a Federal Territory, and published guides agree that a foreign buyer needs a property priced at RM1 million or more, plus consent from the land authority. Stamp duty on the transfer of a home is a flat 8% for foreign buyers from 1 January 2026. Most units here are listed below RM1 million, so only the largest units would qualify. Listings describe the land as a non-Bumi lot.
Berapa harga unit di Labuan Times Square?
Harga tawaran sekitar RM650,000 untuk unit 1,475 kaki persegi hingga RM1.3 juta untuk unit 1,819 kaki persegi berperabot penuh (Mudah, 2026). Sewa sekitar RM2,000 hingga RM2,500 sebulan.
Labuan Times Square 价格多少？
2026年挂牌价约RM65万（1,475平方尺）至RM130万（1,819平方尺，全套家具），月租约RM2,000至RM2,500。租赁地契，剩余约66年。
Which schools are near Labuan Times Square?
On map data, the nearest schools are SK Pekan II (~700 m), SJK (C) Chi Wen (~800 m), SMK Labuan (~900 m). Distances are straight-line from the building.
Is there a train or bus station near Labuan Times Square?
Map data shows no train or bus station within about 4 km, so most residents drive or use e-hailing.
What is the nearest hospital and mall to Labuan Times Square?
The nearest hospital on map data is Labuan Hospital (~4.4 km), and the nearest mall is Supermarket (~500 m).
How much cash do I need to buy at Labuan Times Square?
For a unit at RM1,300,000,, a Malaysian buyer with a 90% loan needs about RM11,178 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM201,226, before the state consent fee. The full table is in "What buying here costs in 2026".
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View project →Get the current price list and units available at Labuan Times Square
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.