The Shore, Bandaraya Melaka
The Shore is a freehold integrated apartment & retail development located in Bandaraya Melaka, Melaka.The built-up available at this project is 435 sf to 1,320 sf for apartment units. It was developed by Kerjaya Prospek Group, and was completed in around 2014.
Kerjaya Prospek Group is a medium-scale property development group, and it has built about 10 property projects in Malaysia. Other similar projects by the same developer are 288 Residensi, Bloomsvale Residences, Kaleidoscope, Residency V, Residensi 222, Straits Residences, Taman Mesra Jaya, Viridian and Vista Residences.
This integrated apartment & retail development has many amenities nearby, e.g. schools, universities and hospitals. The following are some schools here:
- Pay Fong Middle School Malacca
- SJK (C) Pay Teck
- SJK (C) Ping Ming
- SJK (C) Yok Bin
- SJK (T) Melaka (Kubu)
- SK (P) Durian Daun
- SK Kubu
As for universities, there are Cosmopoint College, Inti International University & Colleges, MARA University Of Technology Malacca City Campus, Malacca College Of Science & Management Myhighst, Melaka International College Of Science And Technology (Micost) and UiTM.
The current rental yield of The Shore is 5.45% for apartment units. The highest rental yield ever recorded was 6.1% in Q2 2020 (Apartment); while the lowest one was 4.63% in Q4 2019 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at The Shore for apartment units is 3-bedroom / 1,232 sf with a median price of RM660 psf. For price wise, the most expensive one is 3-bedroom / 1,320 sf with a median price of RM980 psf; while the cheapest one is 3-bedroom / 1,232 sf with a median price of RM660 psf.
Latest The Shore for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 2 Jan 2021 | Condominium | 1,232 sf | RM776,000 |
| 28 Dec 2020 | Condominium | 1,232 sf | RM765,000 |
| 28 Dec 2020 | Studio | 435 sf | RM350,000 |
| 19 Dec 2020 | Condominium | 1,232 sf | RM690,000 |
| 19 Dec 2020 | Studio | 461 sf | RM328,000 |
| 4 Dec 2020 | Studio | 461 sf | RM370,000 |
| 27 Nov 2020 | Condominium | 1,232 sf | RM810,000 |
| 27 Nov 2020 | Condominium | 895 sf | RM869,000 |
| 27 Nov 2020 | Studio | 660 sf | RM667,000 |
| 24 Nov 2020 | Condominium | 1,232 sf | RM788,000 |
Latest The Shore for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 30 Dec 2020 | Condominium | 1,157 sf | RM3,500 |
| 22 Dec 2020 | Studio | 468 sf | RM1,000 |
| 4 Dec 2020 | Condominium | 1,232 sf | RM3,500 |
| 2 Dec 2020 | Condominium | 1,232 sf | RM3,300 |
| 23 Nov 2020 | Condominium | 1,232 sf | RM3,500 |
| 10 Nov 2020 | Condominium | 1,200 sf | RM3,200 |
| 4 Nov 2020 | Condominium | 1,200 sf | RM3,800 |
| 25 Oct 2020 | Condominium | 1,232 sf | RM3,500 |
| 25 Oct 2020 | Condominium | 1,200 sf | RM2,800 |
| 23 Oct 2020 | Condominium | 1,232 sf | RM2,800 |
Shops have no business and many of them have closed down since November 2017. Now it has very limited food and beverages and shopping options here. Even tangs, which originally had 2 levels, now only has 1 level, due to the fact that there are very few people shopping here. If the shops did not close down, I would certainly have given a higher rating.