penangproperty
Shorefront Residences β€” subsale condominium in Gat Lebuh Leith, George Town seafront

Georgetown Β· Subsale Market

Shorefront Residences Subsale β€” Georgetown, Penang

Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.

Shorefront Residences is a completed freehold condominium in Georgetown, Penang, completed in 2018 by YTL Land & Development Bhd. It has 76 units. Subsale asking prices start from roughly RM 2.75M.

Price at a glance

Prices as at September 2026 β€” Subsale asking prices basis. Last checked 2026-07-21.

Unit typeSize (sqft)Price fromPSF from
All unitsβ€”RM2.75Mβ€”

Available Listings

No listings currently on file. Zac may have off-market units available.

Ask Zac about availability

Why buy a Shorefront Residences subsale (vs a new launch elsewhere)

Immediate occupancy

Move in within 3 months of SPA. No 36-month construction wait.

Verified surroundings

Georgetown's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Shorefront Residences.

Established maintenance

Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.

The Shorefront Residences pre-purchase checklist

  1. 1.Remaining lease (if leasehold) β€” Ask for the exact expiry year. Banks tighten lending as the remaining term shortens, which affects both your loan and your future buyer's.
  2. 2.Outstanding charges and caveats β€” Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
  3. 3.Genuine transacted comparables β€” Ask for recent transacted prices in the same block, not asking prices. Asking prices tell you what sellers hope for, not what the market pays.
  4. 4.Exit tax position β€” Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
  5. 5.Vacant possession terms β€” Agree in writing what stays β€” air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.

Shorefront Residences price 2026

What Shorefront Residences trades at on the sub-sale market, last checked 2026-07-21.

Asking fromRM2.75M – RM3.3M
Completed2018
Units76

Verified sub-sale asking prices. Asking is not transacted β€” expect movement between the two.

The building is 8 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.

A foreign buyer can purchase here β€” the RM1M minimum is cleared. Add the state levy, a flat 8% stamp duty and 3–4 months for state consent.

Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β€” and if you are near the five-to-six-year line, the date matters more than the price.

Shorefront Residences for sale & for rent

Looking to buy or rent a unit in Shorefront Residences? Asking prices and rents move with the market and with the specific unit β€” floor, facing, condition β€” so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.

Shorefront Residences key facts

Developer
YTL Land & Development Bhd
Area
Georgetown, Penang
Type
condominium
Tenure
freehold Β· residential
Completed
2018
Total units
76
Price from
RM 2.75M

Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Shorefront Residences:

View full Shorefront Residences profile β†’

Georgetown β€” area snapshot

Full area guide β†’

Georgetown is the UNESCO World Heritage City and Penang's urban core. Heritage shophouses and modern serviced suites coexist; buyer profiles range from heritage lovers to city professionals.

Price range

RM 436K – RM 1.0M

asking prices in area

Active projects

4

selling or under construction

Subsale condos

4

completed projects

Total tracked

9

properties in this area

Other projects in Georgetown

All 8 others we track here, cheapest first β€” 4 of them still selling.

Shorefront Residences subsale β€” common questions

What is the price of Shorefront Residences?

Shorefront Residences runs RM2,750,000 to RM3,300,000. These are verified sub-sale asking prices, not transacted figures β€” expect movement between the two. Checked 2026-07-21.

Is Shorefront Residences freehold or leasehold?

Shorefront Residences is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.

Can a foreigner buy at Shorefront Residences?

Yes. Penang Island sets a RM1,000,000 minimum for foreign buyers. Add a state levy, a flat 8% stamp duty, and 3–4 months for state consent.

When was Shorefront Residences completed?

Shorefront Residences completed in 2018, developed by YTL Land & Development Bhd. Units here trade sub-sale.

How big are the units at Shorefront Residences?

There are 76 units in total.

More on the neighbourhood:

Georgetown area guide β€” schools, transport, PSF, lifestyle scorecard β†’

Substitutes worth comparing

Open full comparison β†’

Same area family, same property type, similar price band β€” what most buyers actually cross-shop.

πŸ”” Join 600+ Penang buyers on Zac's New Launch Alert

Be first to know when new projects drop β€” before they go public.

Join via WhatsApp β†’