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 1,700 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 Kondominium Rakyat, Midfields, Midfields 2, 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
1,700 sf - 3,033 sf
Market Price
RM2,490,000 - RM2,910,000
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 3.2%. The highest rental yield ever recorded was 3.92% in Q3 2019; while the lowest one was 2.74% 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 RM1,190 psf. For price wise, the most expensive one is 3-bedroom / 1,700 sf with a median price of RM1,500 psf; while the cheapest one is 3-bedroom / 3,033 sf with a median price of RM820 psf.

Latest Shorefront Residences for sale listings:

DateTypeBuilt-upPrice
17 Feb 2020Apartment1,757 sfRM3,300,000
17 Feb 2020Apartment2,253 sfRM5,500,000
17 Feb 2020Apartment1,432 sfRM2,000,000
19 Feb 2020Apartment2,235 sfRM2,600,000
19 Feb 2020Apartment3,033 sfRM2,500,000
19 Feb 2020Apartment2,650 sfRM3,100,000
20 Feb 2020Apartment1,850 sfRM2,200,000
21 Feb 2020Apartment2,900 sfRM2,900,000
21 Feb 2020Apartment3,971 sfRM5,500,000
21 Feb 2020Apartment3,033 sfRM2,500,000

Latest Shorefront Residences for rent listings:

DateTypeBuilt-upRental
16 Feb 2020Apartment1,400 sfRM4,000
16 Feb 2020Apartment2,900 sfRM8,000
19 Feb 2020Apartment3,033 sfRM9,000
21 Feb 2020Apartment1,600 sfRM8,500
26 Feb 2020Apartment2,253 sfRM8,000
27 Feb 2020Apartment1,600 sfRM10,500
3 Mar 2020Apartment1,758 sfRM7,500
3 Mar 2020Apartment1,782 sfRM7,500
3 Mar 2020Apartment1,648 sfRM7,500
3 Mar 2020Apartment1,648 sfRM5,500
1 user comments on Shorefront Residences
via
Google Reviews
29 Apr 2019 @ 12:00 AM

Upscale design of units with private lifts