Right in the heart of tourist-infested belt, Kuching City’s golden triangle, Kuching Waterfront will soon undergo a plush transformation to deliver a phenomenon of the 21st century urban state-of-the art living while retaining Sarawak’s most prime sites of historical relics and its rich cultural heritage.
The new Kuching Waterfront Extension Project, slated to be a 5 year project, will be extending beyond the existing Grand Margherita Hotel for a distance of approximately 1 km.
This colossal project is a joint venture between Ibraco Berhad (Ibraco) and Land Custody and Development Authority (LCDA) via Ibraco Pelita Sdn Bhd, Ibraco’s subsidiary.
The new frontier will be an iconic landmark displaying a contrast of styles and architectural motifs: modernization versus rustic colonial flavour of Brooke era without disrupting the harmony of the ensemble. The rejuvenation and regenerated new Kuching Waterfront will inevitably transform the City of Kuching to become a world-class tourist attraction. A hub boosting with vibrant business and leisure activities, enhancing the social and economic status of all communities in Sarawak.
The new Kuching Waterfront promenade set against the backdrop of Kuching’s pristine views of nature will include a landscaped garden plaza, an entertainment hub, an office park for both local and expatriate firms, a residential development with an exclusive private jetty and fully equipped with comprehensive security system and underground parking.
A riverside walk, stretching approximately 1.5 km, links the hotel precinct to downtown Kuching. These modern “self-contained” facilities will provide for entertainment, refreshment, relaxation, cultural enjoyment and arts appreciation. The majestic historical sites undoubtedly become a gateway to a kaleidoscope of great historical multi-ethnic diversity of Sarawak since its inception of town development.
Potential investors looking for a rich ROI in the near future will not be disappointed. This integrated development is definitely a great choice be it commercial or residential.
