The Shore, Bandaraya Melaka
The Shore (also known as The Shore @ Malacca River) is a freehold integrated condominium & retail development located in Bandaraya Melaka, Melaka Tengah.The built-up available at this project is 435 sf to 1,232 sf for condominium 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, Kaleidoscope, Residency V, Residensi 222, Straits Residences, Taman Mesra Jaya, Viridian and Vista Residences.
This integrated condominium & 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 & Technology (Micost) and UiTM.
The current rental yield of The Shore is 6.1% for condominium units. The highest rental yield ever recorded was 6.1% in Q3 2021 (Condominium); while the lowest one was 4.63% in Q4 2019 (Condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at The Shore for condominium units is 3-bedroom / 1,232 sf with a median price of RM640 psf. For price wise, the most expensive one is 1-bedroom / 461 sf with a median price of RM830 psf; while the cheapest one is 3-bedroom / 1,232 sf with a median price of RM640 psf.
Latest The Shore for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 16 Nov 2021 | Condominium | 660 sf | RM510,000 |
| 3 Nov 2021 | Condominium | 461 sf | RM380,000 |
| 3 Nov 2021 | Condominium | 1,232 sf | RM850,000 |
| 18 Oct 2021 | Condominium | 1,232 sf | RM765,000 |
| 10 Oct 2021 | Condominium | 580 sf | RM350,000 |
| 24 Sep 2021 | Condominium | 1,232 sf | RM677,000 |
| 17 Sep 2021 | Condominium | 428 sf | RM360,000 |
| 15 Aug 2021 | Condominium | 1,200 sf | RM850,000 |
| 10 Aug 2021 | Condominium | 1,232 sf | RM788,000 |
| 3 Aug 2021 | Condominium | 1,232 sf | RM850,000 |
Latest The Shore for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 21 Nov 2021 | Condominium | 925 sf | RM4,000 |
| 21 Nov 2021 | Condominium | 656 sf | RM3,000 |
| 27 Oct 2021 | Studio | 470 sf | RM1,300 |
| 12 Oct 2021 | Condominium | 1,232 sf | RM1,800 |
| 12 Oct 2021 | Studio | 468 sf | RM1,000 |
| 10 Oct 2021 | Condominium | 1,231 sf | RM2,800 |
| 10 Oct 2021 | Condominium | 1,232 sf | RM2,800 |
| 10 Oct 2021 | Condominium | 925 sf | RM4,000 |
| 10 Oct 2021 | Condominium | 925 sf | RM4,000 |
| 10 Oct 2021 | Condominium | 925 sf | RM4,000 |
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.