Shorefront Residences

Lebuh Farquhar, George Town, 10200 George Town, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM2,135,000
PSF
RM1,251
Period
transactions middle 50% (P25–P75)
1,400 sqft
Condo
RM1,750,000
Level 3
1,398 sqft · RM1,251 PSF
1,600 sqft
Condo
RM1,900,000
Level 4
1,588 sqft · RM1,196 PSF
1,750 sqft
Condo
RM2,550,000
Level G
1,757 sqft · RM1,451 PSF
RM2,135,000
Level G
1,757 sqft · RM1,215 PSF
2,100 sqft
Condo
RM2,800,000
Level G
2,123 sqft · RM1,319 PSF
Legend Recent Highest Price Highest PSF

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Lebuh Farquhar, George Town, 10200 George Town, Pulau Pinang, Malaysia

Maps

Shorefront Residences in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM2.14 million and a median price per square foot (PSF) of RM1,251.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM2.14 million, with most transactions falling within a stable range of RM1.75 million to RM2.52 million, and a typical market range of RM1.81 million to RM2.46 million.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM1,251, with most transactions between RM1,196 and RM1,306. The usual range is RM1,199.48 to RM1,303.48, showing that most units are priced quite close to each other. With an IQR of RM104.00 and MAD of RM55, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.