Sarawak · Area guide
Sibu property
Central Sarawak’s main town on the Rajang River, with condominiums and landed homes around the Wawasan area and the town centre.
3 projects on this site
Projects in Sibu
Each has its own page with layouts, facilities, recorded prices and rents, and the rules for foreign buyers.
Wawasan, Sibu
College Square Wawasan
A small block of 36 two-bedroom apartments in Sibu, within walking distance of Kolej Laila Taib and UCTS.
A campus address · Low entry price
Completed
Facts and buying guide →
📷 6Lorong Nan Sang, Sibu
Crown Residence
90 leasehold apartments off Lorong Nan Sang in Sibu, 1 to 3 bedrooms, minutes from UCTS and Sungai Merah.
Close to Sungai Merah and the colleges · Shared facilities
Completed3 min to UCTS
Facts and buying guide →
Jalan Wawasan, Sibu
Rian Hwa Wawasan
44 double-storey terraced houses on Jalan Wawasan, Sibu, each with 3 bedrooms and 2 bathrooms.
Low landed entry price · A practical lot
Completed
Facts and buying guide →The numbers
Prices and rents in Sibu
One line per project, as cited on its page: recorded transactions where published, otherwise asking prices, with the source and date.
| Project | Tenure | Completed | Price | Rent |
|---|---|---|---|---|
| College Square Wawasan | Leasehold (records differ) | 2019 | — | RM1,700 a month (one listing) Skyroof Realty listing, Jan 2025 |
| Crown Residence | Leasehold | 2023 | RM565,000 · about RM476 psf EdgeProp listing, Sep 2026 | — |
| Rian Hwa Wawasan | Leasehold | 2022 | — | — |
Figures and sources as shown on each project page, checked October 2026. Asking prices are what owners want, not what units sold for.
Living here
What to know about Sibu
Getting around
Sibu Airport has flights to Kuching and Kuala Lumpur, most residents drive, and express boats run up the Rajang to Kapit.
Everyday life
Sibu Central Market, the riverside town centre, the shops and eateries of Wawasan, and the Sibu Heritage Centre.
Before you buy
Sarawak land rules differ from Peninsular Malaysia. Check the title type and the state consent needed with a local lawyer before you buy.
Foreign buyers
The Sarawak rules that apply in Sibu
Sarawak Land Code (Cap. 81), not the National Land Code
Sarawak has its own land law. Section 13A bars foreigners from holding land unless an exception applies. Source: Mondaq / Low & Partners; S.K. Ling & Tan Advocates.
Strata units: allowed, no Sarawak minimum price
Section 13E(2)(b) lets foreigners buy individual parcels in a building subdivided under the Strata Titles Ordinance 1995. Law firms citing the 2019 Direction say commercial and residential strata units carry no minimum market value. Some secondary guides quote RM600,000 for strata too, so confirm with your lawyer. Source: Lo & Partners; S.K. Ling & Tan; IQI Global.
Landed homes: RM600,000 in Kuching Division, RM500,000 elsewhere
Set by the Land (Market Value of Property for Foreign Acquisition) (Amendment) Direction 2019. The same figures apply to house purchases under the S-MM2H programme. Source: Mondaq; S-MM2H programme page.
Summary of the state rules on the Sarawak property page. Confirm the current position with your lawyer. See also Can a foreigner buy it?
Nearby
Other areas in Sarawak
Straight answers
Frequently asked questions
Are there freehold projects in Sibu?
None of the projects listed here for Sibu is freehold. Check the years remaining on the lease, which affects loans and resale.
Can a foreigner buy property in Sibu?
Yes, subject to the Sarawak rules: Sarawak Land Code (Cap. 81), not the National Land Code; Strata units: allowed, no Sarawak minimum price. State consent is needed and stamp duty for foreigners buying a home is 8% from 1 January 2026.
What do units in Sibu rent for?
Examples from the project pages: College Square Wawasan: RM1,700 a month (one listing) (Skyroof Realty listing, Jan 2025).
Can you find me a unit in Sibu?
Yes. Send me your budget, size and timing on WhatsApp and I will shortlist units across the IQI network, with recorded prices for each building.
Looking in Sibu?
Tell me your budget, size and timing. I will send a shortlist with recorded prices and rents for each building.