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 Andalucia, Midfields, Midfields 2, Pantai Hillpark 1, Pantai Hillpark 2, Pantai Hillpark 5, 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
RM2,350,000 - RM2,550,000
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 3.32%, compared to 3.78% 2 years ago in Q2 2019. The highest rental yield ever recorded was 3.92% in Q3 2019; 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 RM840 psf. For price wise, the most expensive one is 3-bedroom / 2,235 sf with a median price of RM1,050 psf; while the cheapest one is 3-bedroom / 3,033 sf with a median price of RM840 psf.

Latest Shorefront Residences for sale listings:

DateTypeBuilt-upPrice
7 Jan 2021Condominium1,751 sfRM1,822,000
10 Jan 2021Condominium1,588 sfRM1,640,250
7 Jan 2021Condominium1,402 sfRM1,899,900
7 Jan 2021Condominium1,588 sfRM1,640,250
6 Jan 2021Condominium2,214 sfRM2,600,000
5 Jan 2021Condominium1,713 sfRM2,200,000
29 Dec 2020Condominium1,785 sfRM2,090,000
27 Dec 2020Condominium3,033 sfRM2,250,000
17 Dec 2020Condominium1,588 sfRM1,822,500
16 Dec 2020Condominium1,588 sfRM1,822,500

Latest Shorefront Residences for rent listings:

DateTypeBuilt-upRental
19 Jan 2021Penthouse2,650 sfRM5,000
15 Dec 2020Condominium2,253 sfRM6,500
15 Dec 2020Condominium1,735 sfRM7,000
2 Dec 2020Condominium1,648 sfRM6,000
1 Dec 2020Condominium1,600 sfRM10,500
1 Dec 2020Condominium2,214 sfRM7,500
26 Nov 2020Condominium2,840 sfRM5,000
21 Nov 2020Condominium1,757 sfRM9,500
17 Nov 2020Duplex3,109 sfRM7,500
17 Nov 2020Condominium1,580 sfRM5,000
1 user comments on Shorefront Residences
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29 Apr 2019 @ 12:00 AM

Upscale design of units with private lifts