Setia V Residences Georgetown
Find out the latest homes, rates, and offers for Setia V Residences in Georgetown.If you’re looking to own, lease, or list your property, let our experts help here.
Property Overview
Setia V Residences is an epitome of luxury living situated in the vibrant heart of Georgetown, Penang. This prestigious property stands out with its sleek contemporary architecture, offering an unparalleled panoramic view of the city and the azure waters of the Strait of Malacca. Comprising two towers with a collection of spacious, elegantly designed units, Setia V Residences promises a lifestyle of comfort and sophistication.
Key facilities include an infinity pool, state-of-the-art gym, serene landscaped gardens, a playground for children, and 24-hour security, ensuring both leisure and peace of mind for residents. The development also boasts a strategic location, providing easy access to an array of amenities. It’s just a stone’s throw from Gurney Drive’s bustling dining and shopping scene, as well as top-tier schools and medical facilities.
The estimated price range for units in Setia V Residences varies from MYR 2.5 million to MYR 6 million for sale, while rental prices range from MYR 7,000 to MYR 13,000 per month, depending on the unit size and floor level. This makes it an ideal choice for discerning buyers and renters seeking luxury, convenience, and a vibrant urban lifestyle.
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Why Should You Choose Setia V Residences, Georgetown
Transport & Connectivity
– Penang International Airport: Approximately 18 km, providing access to domestic and international flights.
– Penang Sentral: Approximately 25 km, serving as the main transportation hub with buses and ferries.
– Rapid Penang Bus Services: Comprehensive local bus network for easy commuting within the city.
Shopping & Dining
– Gurney Plaza: Approximately 5 km, a popular shopping mall with international brands and diverse dining options.
– Chowrasta Market: Located within Georgetown, a bustling market offering local produce and traditional snacks.
– New Lane Hawker Centre: Approximately 1 km, famous for an array of local street food.
Healthcare
– Penang General Hospital: Located within Georgetown, providing comprehensive healthcare services.
– Gleneagles Penang Medical Centre: Approximately 2 km, a private hospital offering specialized medical care.
– Loh Guan Lye Specialists Centre: Approximately 3 km, known for a wide range of medical specialties.
Education
– Universiti Sains Malaysia (USM): Approximately 10 km, one of the leading universities in Malaysia.
– Penang Free School: Approximately 4 km, the oldest English-medium school in Southeast Asia.
– St. Xavier’s Institution: Located within Georgetown, offering quality secondary education.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your budget, preferred location, and requirements. We also negotiate on your{For most property purchases, our service is free for buyers as we are paid by the seller. We provide professional guidance at no extra charge to you.} {For most property purchases, our service is free for buyers as we are paid by the seller. We provide expert advice at no extra charge to you.} behalf and assist you with the buying process
It depends on your needs. Brand new properties often come with developer perks like cashback deals and lower upfront costs, but they require a waiting period before handover. Sub-sale properties are ready to move in, allowing you to inspect the unit before buying. We can help you weigh the pros and cons based on your requirements.
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 10%), you’ll need to consider stamp duty, legal fees, bank processing charges, and property assessment fees.
Yes! We study the property trends, compare past transactions, and negotiate with the property owner to get you the best deal.
We search for listings that match your budget and preferences, arrange viewings, and negotiate rental terms with the landlord to finalize the best deal for you.
For renting a home, the renter typically pays an service charge, which is equal to a full month’s rent, depending on the rental duration.}
Typically, you will need your IC or passport, recent payslips, and proof of income like a bank statement or employment letter. Additional documents may be required depending on the landlord’s preferences.
Typically, you will need to pay 2 months’ security deposit, 1 month’s advance rent, and a utility deposit.
Typically, if you terminate your tenancy early, you may lose your deposit unless you find a new tenant to take over.