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.
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 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:
| Date | Type | Built-up | Price |
|---|---|---|---|
| Today | Condominium | 1,588 sf | RM2,250,000 |
| Yesterday | Condominium | 1,715 sf | RM2,200,000 |
| Yesterday | Duplex | 2,900 sf | RM2,730,000 |
| Yesterday | Duplex | 2,900 sf | RM2,750,000 |
| 15 Oct 2020 | Condominium | 2,039 sf | RM2,100,000 |
| 14 Oct 2020 | Condominium | 3,109 sf | RM3,800,000 |
| 16 Oct 2020 | Condominium | 2,235 sf | RM2,200,000 |
| 16 Oct 2020 | Condominium | 2,635 sf | RM2,600,000 |
| 16 Oct 2020 | Condominium | 1,588 sf | RM2,250,000 |
| 16 Oct 2020 | Condominium | 1,588 sf | RM2,250,000 |
Latest Shorefront Residences for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 27 Sep 2020 | Condominium | 1,648 sf | RM5,500 |
| 6 Oct 2020 | Condominium | 2,900 sf | RM7,000 |
| 2 Oct 2020 | Condominium | 1,648 sf | RM4,500 |
| 29 Sep 2020 | Condominium | 1,580 sf | RM5,500 |
| 21 Sep 2020 | Condominium | 1,410 sf | RM5,500 |
| 4 Sep 2020 | Condominium | 1,400 sf | RM5,500 |
| 16 Sep 2020 | Condominium | 2,800 sf | RM5,900 |
| 17 Sep 2020 | Condominium | 2,253 sf | RM6,500 |
| 18 Sep 2020 | Condominium | 1,571 sf | RM6,500 |
| 2 Jul 2020 | Condominium | 1,700 sf | RM8,000 |
Upscale design of units with private lifts