Scott Residence, Georgetown

Scott Residence (also known as Scotts Residence) is a freehold condominium that is located in Georgetown, Penang Island. There are 62 units available at this condominium with built-up from 2,020 sf to 2,035 sf. It was developed by Red Rock Hotel Realty Sdn Bhd with a launch price of around RM560 psf, and was completed around 2015. Red Rock Hotel Realty Sdn Bhd is a privately held small-sized real estate organization, and it has undertaken only this project in Malaysia.

Property Type
Condominium
Land Tenure
Freehold
Built-up
2,020 sf - 2,035 sf
Market Price
RM1,520,000 - RM1,530,000
Total Units
62 Units
Completion Date
2015
Launch Price
About RM560 psf

This condominium has some amenities nearby, such as universities, schools and hospitals. The following are some main universities here:

As for schools, there are Cms Methodist Girls' School, Pykett Methodist Primary School, SMJK Convent Datuk Keramat, SMK (P) Methodist and SRJK (C) Union. There are also some hospitals here, e.g. Gleneagles Hospital Penang, Island Hospital, Peace Medical Centre and Penang General Hospital.

The current rental yield of Scott Residence is around 2.75%, compared to 2.9% a year ago in Q3 2021. The highest rental yield ever recorded was 3.26% in Q2 2022; while the lowest one was 1.73% in Q3 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Scott Residence is 3-bedroom / 2,035 sf with a median price of RM750 psf. For price wise, the most expensive one is 3-bedroom / 2,035 sf with a median price of RM750 psf; while the cheapest one is 3-bedroom / 2,020 sf with a median price of RM750 psf.

Latest Scott Residence sale listings:

DateProperty TypeBuilt-upPrice
6 Mar 2024Condominium2,045 sfRM1,470,000
15 Feb 2024Condominium2,035 sfRM1,450,000
5 Feb 2024Condominium2,035 sfRM1,500,000
26 Jan 2024Condominium2,035 sfRM1,450,000
24 Jan 2024Condominium2,035 sfRM1,650,000
29 Dec 2023Condominium2,000 sfRM1,500,000
25 Dec 2023Condominium2,035 sfRM1,500,000
22 Dec 2023Condominium2,035 sfRM1,500,000
20 Dec 2023Condominium2,035 sfRM1,450,000
15 Dec 2023Condominium3,900 sfRM2,750,000

Latest Scott Residence rental listings:

DateProperty TypeBuilt-upRental
27 Jan 2024Condominium2,035 sfRM2,800
8 Jan 2024Condominium2,020 sfRM3,500
22 Dec 2023Condominium3,900 sfRM4,500
16 Dec 2023Condominium2,035 sfRM3,800
11 Nov 2023Condominium2,020 sfRM3,500
1 Nov 2023Penthouse3,700 sfRM4,200
18 Oct 2023Condominium2,000 sfRM4,300
4 Oct 2023Condominium3,700 sfRM4,300
30 Sep 2023Condominium2,035 sfRM3,900
31 Aug 2023Condominium2,020 sfRM3,500
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