Setia V Residences Georgetown
Discover the newest homes, rates, and best prices for Setia V Residences in Georgetown.If you’re looking to purchase, lease, or put your home on the market, get expert guidance today.
Property Overview
Setia V Residences is a luxurious condominium development located in the heart of Georgetown, Penang. This prestigious property boasts two impressive towers, offering spacious units designed with modern elegance and breathtaking views of the city and sea. Key details include a variety of unit layouts, ranging from 2,300 to 7,100 square feet, catering to diverse lifestyle needs.
Residents can enjoy state-of-the-art facilities such as an infinity swimming pool, fully-equipped gymnasium, landscaped gardens, and a serene sky lounge. For relaxation and recreation, there’s also a sauna, a children’s playground, and a multi-purpose hall.
Setia V Residences is strategically situated near essential amenities, including shopping malls, fine dining restaurants, international schools, and medical centers, providing an unparalleled living experience in a vibrant neighborhood.
The estimated price range for purchasing a unit at Setia V Residences is between RM 2 million to RM 6 million, while rental prices generally fall between RM 7,000 to RM 15,000 per month, depending on the unit size and furnishings. This development is perfect for those seeking an upscale urban lifestyle with convenience and comfort at their doorstep.
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Why Should You Choose Setia V Residences, Georgetown
Transport & Connectivity:
– Penang International Airport: Approximately 20 km from Georgetown, providing domestic and international flights.
– Rapid Penang Bus Services: An extensive network in the city with stops within Georgetown for easy travel.
– Penang Ferry Terminal: Around 2 km, offering ferry services to Butterworth and other locations.
– Penang Sentral: 2.5 km, a major transport hub connecting buses and trains.
Shopping & Dining:
– Gurney Plaza: About 4 km, a major shopping mall with a variety of retail outlets and dining options.
– Penang Street Food: Local hawker centers and street vendors scattered throughout Georgetown offering diverse cuisines.
– Penang Times Square: Roughly 1.5 km, featuring shops, eateries, and entertainment facilities.
– Chowrasta Market: Within 1 km, a traditional market with local produce and food.
Healthcare:
– Penang General Hospital: Approximately 3 km, offering various specialized medical services.
– Island Hospital: Around 5 km, providing comprehensive healthcare services and facilities.
– Gleneagles Penang: Roughly 4 km, known for its advanced medical care and services.
– Loh Guan Lye Specialists Centre: About 3.5 km, specialized in multiple healthcare disciplines.
Education:
– University of Science Malaysia (USM): Approximately 9 km, a leading public research university.
– Penang Free School: About 3 km, one of the oldest English-medium schools in Southeast Asia.
– St. Xavier’s Institution: Roughly 2 km, a renowned school offering quality education.
– The International School of Penang (Uplands): Approximately 10 km, offering international curriculum for expatriate and local students.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your budget, desired area, and specific needs. We also negotiate on your{For most property purchases, our assistance comes at no cost for buyers as we earn commission from the seller. We provide expert advice at zero cost to you.} {For most transactions, our service is free for buyers as we are paid by 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. Brand new properties often come with developer perks like cashback deals and flexible payment plans, but they take time to complete. Sub-sale properties are available immediately, allowing you to see the actual condition before buying. We can help you compare options based on your requirements.
You should have your identification card, salary details (payslip/KWSP record/financial records), and a loan approval (if needed) to speed up the process.
Aside from the initial deposit (usually a small percentage), you’ll need to budget for government charges, legal fees, loan agreement fees, and property assessment fees.
Yes! We study the property trends, review recent sales, and negotiate with the seller to get you the most favorable price.
We search for listings that fit your budget and requirements, schedule viewings, and negotiate rental terms with the property owner to finalize the best deal for you.
For rental properties, the tenant typically pays an agency fee, which is equal to one month’s rent, depending on the lease term.}
Typically, you will need your IC or passport, recent payslips, and proof of income like a bank statement or employment letter. Some landlords may request extra documents, depending on their requirements.
The usual deposit required is 2 months’ security, 1 month’s rent in advance, 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.