Setia V Residences Georgetown
Find out the most recent listings, rates, and deals for Setia V Residences in Georgetown.Whether you’re looking to purchase, lease, or list your property, receive professional advice today.
Property Overview
Setia V Residences is a prestigious luxury condominium located in the vibrant heart of Georgetown, Penang. This iconic residence boasts two towers, with Tower A offering 48 stories and Tower B featuring 31 stories, showcasing lavish designs and breathtaking views. Key features include expansive units ranging from 2,624 to 7,119 square feet, each thoughtfully designed to provide exquisite living spaces.
Residents enjoy a wealth of world-class facilities, including a sky lounge, infinity pool, state-of-the-art gymnasium, children’s playground, and lush landscaped gardens. The presence of 24-hour security ensures a safe and serene environment. Situated in a prime location, Setia V Residences is in close proximity to renowned amenities such as Gurney Plaza, Gurney Paragon, top-notch healthcare facilities, international schools, and vibrant dining options.
The estimated price range for purchasing a unit in Setia V Residences is between MYR 3.5 million to MYR 7 million, reflecting its status as a premier luxury development. For those looking to rent, prices typically range from MYR 8,000 to MYR 15,000 per month, offering an exquisite lifestyle in one of Georgetown’s most coveted locations.
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Why Should You Choose Setia V Residences, Georgetown
Transport & Connectivity:
– Penang International Airport: Approximately 17 km from Georgetown, offering domestic and international flights.
– KOMTAR Bus Terminal: Centrally located in Georgetown, provides comprehensive bus services throughout Penang.
– Penang Ferry Terminal: Around 1 km from the city center, connects Georgetown to Butterworth on the mainland.
– Penang Sentral: Approximately 3 km, integrated transport hub providing bus, rail, and taxi services.
Shopping & Dining:
– Gurney Plaza: About 5 km from Georgetown, features international and local retail outlets.
– Penang Street Food: Widely available within Georgetown, offering authentic Malaysian cuisines.
– 1st Avenue Mall: Approximately 1 km, offers a mix of shopping, entertainment, and dining options.
– Little India: Centrally located, known for vibrant street food and specialty shops.
Healthcare:
– Penang General Hospital: Roughly 2 km from the city center, provides comprehensive medical services.
– Island Hospital: Located around 3 km, a private healthcare facility renowned for specialized treatments.
– Loh Guan Lye Specialists Centre: Approximately 3 km away, offers a wide range of medical services.
Education:
– Penang Free School: About 5 km from Georgetown, one of the oldest schools in Southeast Asia.
– Universiti Sains Malaysia: Located roughly 10 km away, a leading public research university.
– Methodist Boys’ School: Centrally situated, offering secondary education programs.
– KDU Penang University College: Approximately 10 km, known for its diverse educational programs.
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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 requirements. We also negotiate on your{For most transactions, our assistance comes at no cost for buyers as we are paid by the seller. We provide professional guidance at zero cost to you.} {For most transactions, our assistance comes at no cost for buyers as we earn commission from the seller. We provide professional guidance at zero cost to you.} behalf and guide you through the buying process
It depends on your needs. Brand new properties often come with developer perks like rebates and lower upfront costs, 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 compare options based on your requirements.
You should have your IC, salary details (salary slip/EPF statement/financial records), and a pre-approved home loan (if needed) to expedite the process.
Aside from the down payment (usually a small percentage), you’ll need to budget for stamp duty, legal fees, bank processing charges, and valuation charges.
Yes! We study the market, review recent sales, and discuss terms with the property owner to get you the most favorable price.
We filter listings that fit your price range and preferences, arrange viewings, and discuss rental terms with the property owner to finalize the best deal for you.
For renting a home, the tenant typically pays an agency fee, which is equal to a full 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.
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.