Shorefront Residences Georgetown
Check out the latest available units, rates, and best prices for Shorefront Residences in Georgetown.Whether you’re looking to buy, find a rental, or sell, let our experts help here.
Property Overview
Shorefront Residences in Georgetown is a prestigious waterfront development offering luxurious living with breathtaking sea views. This upscale property features elegantly designed units with modern interiors, ranging from spacious apartments to lavish penthouses, catering to discerning tastes. Residents can enjoy state-of-the-art facilities including a stunning infinity pool, fully-equipped gym, serene landscaped gardens, a private residents’ lounge, and 24-hour security.
Nestled in the vibrant heart of Georgetown, Shorefront Residences is conveniently located near a plethora of amenities. Explore an array of gourmet dining options, chic cafes, and boutique shopping experiences all within walking distance. Cultural landmarks and recreational parks are also easily accessible, offering a balanced urban lifestyle.
The estimated price range for purchasing a unit is between $800,000 and $2.5 million, while rental prices range from approximately $3,000 to $8,500 per month, reflecting the exclusivity and premium living experience offered at Shorefront Residences.
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Why Should You Choose Shorefront Residences, Georgetown
Transport & Connectivity:
– Penang International Airport: Approximately 17 km from Georgetown, offering both domestic and international flights.
– Penang Ferry Terminal: About 2 km away, providing ferry services to the mainland.
– Komtar Bus Terminal: Central hub within Georgetown for seamless bus connectivity around the island.
Shopping & Dining:
– Gurney Plaza: Located around 4 km from central Georgetown, featuring a wide array of retail outlets and eateries.
– Chowrasta Market: Approximately 1 km away, this popular market offers local produce and traditional snacks.
– New Lane Hawker Centre: Just 2 km from Georgetown, offering a variety of local street food options.
Healthcare:
– Penang General Hospital: Roughly 3 km away, providing comprehensive medical services and facilities.
– Island Hospital: Situated approximately 4 km from Georgetown, known for its specialized medical care.
– Loh Guan Lye Specialists Centre: Located about 5 km from the city center, offering multi-disciplinary medical treatments.
Education:
– Universiti Sains Malaysia: Approximately 10 km from Georgetown, one of Malaysia’s premier universities.
– Penang Free School: About 5 km away, known as the oldest English-medium school in Southeast Asia.
– St. Xavier’s Institution: Situated around 2 km from Georgetown, offering secondary education with a distinguished history.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your financial plan, preferred location, and specific needs. We also negotiate on your{For most property purchases, our assistance comes at no cost for buyers as we are paid by the seller. We provide professional guidance at no extra charge to you.} {For most transactions, our service is free for buyers as we earn commission from the seller. We provide professional guidance at no extra charge to you.} behalf and assist you with the property purchase journey
It depends on your needs. New launch properties often offer early-bird discounts and incentives like rebates and flexible payment plans, but they take time to complete. Resale properties are ready to move in, allowing you to see the actual condition before buying. We can help you weigh the pros and cons based on your preferences.
You should have your identification card, proof of income (payslip/EPF statement/financial records), and a pre-approved home loan (if needed) to expedite the process.
Aside from the initial deposit (usually a small percentage), you’ll need to budget for stamp duty, lawyer costs, loan agreement fees, and property assessment fees.
Yes! We analyze the market, review past transactions, and discuss terms with the seller to help you secure the best deal.
We filter listings that fit your budget and preferences, arrange viewings, and discuss rental terms with the landlord to finalize the best deal for you.
For rental properties, the renter typically pays an agency fee, which is equal to one month’s rent, depending on the lease term.}
For renting, you will need your IC or passport, recent payslips, and possibly an employment letter. You may also need to provide a security deposit and utility deposits. Some landlords may request extra documents, depending on their requirements.
Typically, you will need to pay 2 months’ security deposit, 1 month’s advance rent, and a utility deposit.
If you want to terminate your tenancy early, you could forfeit your deposit unless you arrange for a replacement tenant, as most agreements require a minimum stay.