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.
This apartment has many amenities nearby, such as schools, universities and hospitals. The following are some of the major schools here:
- Convent Light Street School
- Methodist Boys' School
- SMK Convent Lebuh Light
- Shih Chung Branch School
- Shih Chung Primary School
- Shin Chung School
- St Xavier High School
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:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 17 Feb 2020 | Apartment | 1,757 sf | RM3,300,000 |
| 17 Feb 2020 | Apartment | 2,253 sf | RM5,500,000 |
| 17 Feb 2020 | Apartment | 1,432 sf | RM2,000,000 |
| 19 Feb 2020 | Apartment | 2,235 sf | RM2,600,000 |
| 19 Feb 2020 | Apartment | 3,033 sf | RM2,500,000 |
| 19 Feb 2020 | Apartment | 2,650 sf | RM3,100,000 |
| 20 Feb 2020 | Apartment | 1,850 sf | RM2,200,000 |
| 21 Feb 2020 | Apartment | 2,900 sf | RM2,900,000 |
| 21 Feb 2020 | Apartment | 3,971 sf | RM5,500,000 |
| 21 Feb 2020 | Apartment | 3,033 sf | RM2,500,000 |
Latest Shorefront Residences for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 16 Feb 2020 | Apartment | 1,400 sf | RM4,000 |
| 16 Feb 2020 | Apartment | 2,900 sf | RM8,000 |
| 19 Feb 2020 | Apartment | 3,033 sf | RM9,000 |
| 21 Feb 2020 | Apartment | 1,600 sf | RM8,500 |
| 26 Feb 2020 | Apartment | 2,253 sf | RM8,000 |
| 27 Feb 2020 | Apartment | 1,600 sf | RM10,500 |
| 3 Mar 2020 | Apartment | 1,758 sf | RM7,500 |
| 3 Mar 2020 | Apartment | 1,782 sf | RM7,500 |
| 3 Mar 2020 | Apartment | 1,648 sf | RM7,500 |
| 3 Mar 2020 | Apartment | 1,648 sf | RM5,500 |
Upscale design of units with private lifts