Shorefront Residences, Georgetown
Shorefront Residences is a freehold condominium located in Georgetown, Penang. There are 76 units available at this project with built-up from 2,235 sf to 3,033 sf. It was developed by YTL Land & Development Bhd with a launch price of around RM750 psf, and was completed about 2017.
YTL Land & Development Bhd is a large real estate company listed on KLSE, and it has undertaken around 37 real estate projects in Malaysia. Other similar projects by the same developer are Andalucia, Midfields, Midfields 2, Pantai Hillpark 1, Pantai Hillpark 2, Pantai Hillpark 5, The Capers, The Fennel, The Saffron and The Tamarind.
This condominium has many amenities nearby, such as schools, universities and hospitals. The following are some of the major schools here:
- Convent Light Street School
- Penang Free School
- SMK Convent Lebuh Light
- Shih Chung Branch School
- Shih Chung Primary School
- St Xavier High School
As for universities, there are Equator College, Equator College (Amoy Lane Campus), Segi College Penang, Sentral College Penang and Wawasan Open University. There are also some hospitals here, e.g. Lam Wah Ee Hospital Tcm Branch and St.Johntrendy Hospital.
The current rental yield of Shorefront Residences is around 2.69%, compared to 4.5% a year ago in Q3 2020. The highest rental yield ever recorded was 4.57% in Q2 2021; while the lowest one was 2.67% in Q4 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Shorefront Residences is 3-bedroom / 2,235 sf with a median price of RM980 psf. For price wise, the most expensive one is 3-bedroom / 3,033 sf with a median price of RM1,150 psf; while the cheapest one is 3-bedroom / 2,235 sf with a median price of RM980 psf.
Latest Shorefront Residences for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 24 Nov 2021 | Duplex | 3,608 sf | RM4,800,000 |
| 18 Nov 2021 | Condominium | 1,715 sf | RM2,150,000 |
| 18 Nov 2021 | Duplex | 3,109 sf | RM2,700,000 |
| 14 Nov 2021 | Condominium | 2,235 sf | RM2,300,000 |
| 13 Nov 2021 | Condominium | 2,602 sf | RM2,750,000 |
| 4 Nov 2021 | Condominium | 2,602 sf | RM2,780,000 |
| 3 Nov 2021 | Condominium | 2,602 sf | RM2,750,000 |
| 3 Nov 2021 | Condominium | 2,214 sf | RM2,700,000 |
| 3 Nov 2021 | Condominium | 2,235 sf | RM2,200,000 |
| 3 Nov 2021 | Condominium | 3,608 sf | RM4,800,000 |
Latest Shorefront Residences for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | Condominium | 1,700 sf | RM5,000 |
| 25 Nov 2021 | Condominium | 1,700 sf | RM5,000 |
| 22 Nov 2021 | Condominium | 1,782 sf | RM5,500 |
| 26 Oct 2021 | Condominium | 2,250 sf | RM6,500 |
| 23 Oct 2021 | Condominium | 2,602 sf | RM10,000 |
| 23 Oct 2021 | Condominium | 1,410 sf | RM6,000 |
| 20 Oct 2021 | Condominium | 2,250 sf | RM6,500 |
| 9 Oct 2021 | Condominium | 1,790 sf | RM5,500 |
| 1 Oct 2021 | Condominium | 2,990 sf | RM7,000 |
| 25 Sep 2021 | Condominium | 1,700 sf | RM8,500 |
Upscale design of units with private lifts