Setia V Residences Georgetown
Find out the newest listings, prices, and deals for Setia V Residences in Georgetown.No matter if you’re looking to buy, find a rental, or sell, get expert guidance today.
Property Overview
Setia V Residences is a prestigious and luxurious condominium located in the heart of Georgetown, Penang. This upscale development features two striking towers, offering spacious units that range from 2,624 to 7,119 square feet, catering to discerning individuals and families seeking elegance and comfort. Each unit is meticulously designed, boasting modern finishes and panoramic views of the city and sea.
Residents enjoy access to a wealth of facilities, including a stunning infinity pool, state-of-the-art gymnasium, lush landscaped gardens, a children’s playground, a multi-purpose hall, and 24-hour security. Setia V Residences is strategically located close to a plethora of amenities, including renowned eateries, shopping malls, schools, and medical facilities. Additionally, the historic charm of Georgetown’s UNESCO World Heritage site is just a short drive away.
The estimated price range for purchasing a unit at Setia V Residences is between MYR 2.8 million to MYR 7 million, depending on the unit size and view. For those interested in renting, monthly rental prices typically range from MYR 8,000 to MYR 15,000. Ideal for those seeking a blend of luxury, convenience, and urban sophistication, Setia V Residences offers a prime lifestyle opportunity in one of Malaysia’s most vibrant cities.
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Why Should You Choose Setia V Residences, Georgetown
Transport & Connectivity:
– Public Bus Service: Efficient Rapid Penang buses frequently cover routes across Georgetown and other parts of Penang, providing affordable and accessible transportation options.
– Ferry Service: Georgetown is well-connected to Butterworth on the mainland via the Penang Ferry Service, approximately 10 km.
– Penang International Airport: Located about 18 km from Georgetown, offering a range of domestic and international flights.
Shopping & Dining:
– Gurney Plaza: A popular shopping mall located around 6 km from Georgetown, featuring local and international brands.
– Chulia Street Night Hawker Stalls: Approximately 1 km from the city center, this is a bustling spot for street food enthusiasts looking to explore local flavors.
– 1st Avenue Mall: Located about 2 km from central Georgetown, offering a mix of retail, dining, and entertainment options.
Healthcare:
– Penang General Hospital: A comprehensive healthcare facility located around 3 km from the city center.
– Island Hospital: A private hospital approximately 2 km from Georgetown, offering a wide range of medical services.
– Loh Guan Lye Specialists Centre: Situated about 3 km from the heart of Georgetown, known for specialized medical care.
Education:
– University of Science Malaysia (USM): A major public research university located roughly 10 km from Georgetown.
– St. Xavier’s Institution: One of the oldest schools in Malaysia, located 2 km from central Georgetown.
– Penang Medical College: Situated about 2 km from the city center, focusing on healthcare and medical education.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your financial plan, desired area, and specific needs. We also negotiate on your{For most transactions, our service is free for buyers as we are paid by the seller. We provide expert advice at zero cost to you.} {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.} behalf and assist you with the buying process
It depends on your priorities. 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 available immediately, allowing you to inspect the unit before buying. We can help you weigh the pros and cons based on your preferences.
You should have your identification card, salary details (payslip/KWSP record/bank statements), and a pre-approved home loan (if needed) to speed up the process.
Aside from the initial deposit (usually 10%), you’ll need to budget for government charges, legal fees, bank processing charges, and property assessment fees.
Yes! We study the market, compare past transactions, and negotiate with the property owner to get you the most favorable price.
We filter listings that fit your budget and requirements, arrange viewings, and negotiate rental terms with the property owner to finalize the best deal for you.
For renting a home, the tenant typically pays an service charge, which is equal to a full month’s rent, depending on the rental duration.}
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.
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.