A popular place for a stroll or relax, the square is a beautifully landscaped park with neat lawn and flora native to Labuan. The square's design reflects the island's status as an International Offshore Financial Centre.

There are a few houses of colonial design fronting the Town Padang. One of them has a high gabled roof of orange tiles with eaves and cool recesses. Four old Flame of the Forest trees stand in a square area, casting a shade over park benches and commemorative stones. They were planted by the Chinese, Malay, Indian and European communities in Labuan in 1953 to mark the coronation of Queen Elizabeth 11.

There is an interesting granite slab with inscriptions done by sailors on Captain Rodney Mundy's ship 'Iris' on route to Labuan from Hong Kong. It was intended for the handing over ceremony of Labuan by the Bruneis. During the Japanese Occupation, it was tossed aside by the Japanese but was later retrieved and remounted. It is amazingly in good condition despite all this.