Shorefront Residences, Georgetown

Shorefront Residences is a freehold apartment 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 Midfields, Midfields 2, Pantai Hillpark 1, Pantai Hillpark 2, Pantai Hillpark 5, Sang Suria, The Capers, The Fennel, The Saffron and The Tamarind.

Property Type
Apartment
Land Tenure
Freehold
Built-up
2,235 sf - 3,033 sf
Market Price
RM2,580,000 - RM2,590,000
Density
76 Units
Completed In
2017
Launch Price
About RM750 psf

This apartment has many amenities nearby, such as schools, universities and hospitals. The following are some of the major schools here:

As for universities, there are Equator College, Olympia College Penang, Segi College Penang, Sentral College Penang and Wawasan Open University.

The current rental yield of Shorefront Residences is around 4.5%, compared to 3.78% a year ago in Q2 2019. The highest rental yield ever recorded was 4.5% in Q4 2020; while the lowest one was 2.69% in Q2 2020. 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 / 3,033 sf with a median price of RM850 psf. For price wise, the most expensive one is 3-bedroom / 2,235 sf with a median price of RM1,160 psf; while the cheapest one is 3-bedroom / 3,033 sf with a median price of RM850 psf.

Latest Shorefront Residences for sale listings:

DateTypeBuilt-upPrice
TodayCondominium1,588 sfRM2,250,000
YesterdayCondominium1,715 sfRM2,200,000
YesterdayDuplex2,900 sfRM2,730,000
YesterdayDuplex2,900 sfRM2,750,000
15 Oct 2020Condominium2,039 sfRM2,100,000
14 Oct 2020Condominium3,109 sfRM3,800,000
16 Oct 2020Condominium2,235 sfRM2,200,000
16 Oct 2020Condominium2,635 sfRM2,600,000
16 Oct 2020Condominium1,588 sfRM2,250,000
16 Oct 2020Condominium1,588 sfRM2,250,000

Latest Shorefront Residences for rent listings:

DateTypeBuilt-upRental
27 Sep 2020Condominium1,648 sfRM5,500
6 Oct 2020Condominium2,900 sfRM7,000
2 Oct 2020Condominium1,648 sfRM4,500
29 Sep 2020Condominium1,580 sfRM5,500
21 Sep 2020Condominium1,410 sfRM5,500
4 Sep 2020Condominium1,400 sfRM5,500
16 Sep 2020Condominium2,800 sfRM5,900
17 Sep 2020Condominium2,253 sfRM6,500
18 Sep 2020Condominium1,571 sfRM6,500
2 Jul 2020Condominium1,700 sfRM8,000
1 user comments on Shorefront Residences
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29 Apr 2019 @ 12:00 AM

Upscale design of units with private lifts