Shorefront Residences, Georgetown

Shorefront Residences is a freehold condominium 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
Condominium
Land Tenure
Freehold
Built-up
2,235 sf - 3,033 sf
Market Price
RM2,190,000 - RM3,490,000
Density
76 Units
Completed In
2017
Launch Price
About RM750 psf

This condominium 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, Equator College (Amoy Lane Campus), Segi College Penang, Sentral College Penang and Wawasan Open University. There are also some hospitals here, e.g. Lam Wah Ee Hospital Tcm Branch and St.Johntrendy Hospital.

The current rental yield of Shorefront Residences is around 2.69%, compared to 4.5% a year ago in Q3 2020. The highest rental yield ever recorded was 4.57% in Q2 2021; while the lowest one was 2.67% 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 RM980 psf. For price wise, the most expensive one is 3-bedroom / 3,033 sf with a median price of RM1,150 psf; while the cheapest one is 3-bedroom / 2,235 sf with a median price of RM980 psf.

Latest Shorefront Residences for sale listings:

DateTypeBuilt-upPrice
24 Nov 2021Duplex3,608 sfRM4,800,000
18 Nov 2021Condominium1,715 sfRM2,150,000
18 Nov 2021Duplex3,109 sfRM2,700,000
14 Nov 2021Condominium2,235 sfRM2,300,000
13 Nov 2021Condominium2,602 sfRM2,750,000
4 Nov 2021Condominium2,602 sfRM2,780,000
3 Nov 2021Condominium2,602 sfRM2,750,000
3 Nov 2021Condominium2,214 sfRM2,700,000
3 Nov 2021Condominium2,235 sfRM2,200,000
3 Nov 2021Condominium3,608 sfRM4,800,000

Latest Shorefront Residences for rent listings:

DateTypeBuilt-upRental
TodayCondominium1,700 sfRM5,000
25 Nov 2021Condominium1,700 sfRM5,000
22 Nov 2021Condominium1,782 sfRM5,500
26 Oct 2021Condominium2,250 sfRM6,500
23 Oct 2021Condominium2,602 sfRM10,000
23 Oct 2021Condominium1,410 sfRM6,000
20 Oct 2021Condominium2,250 sfRM6,500
9 Oct 2021Condominium1,790 sfRM5,500
1 Oct 2021Condominium2,990 sfRM7,000
25 Sep 2021Condominium1,700 sfRM8,500
1 user comments on Shorefront Residences
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29 Apr 2019 @ 12:00 AM

Upscale design of units with private lifts