Setia V Residences Georgetown
Check out the most recent available units, pricing, and best prices for Setia V Residences in Georgetown.If you’re looking to own, find a rental, or sell, let our experts help now.
Property Overview
Setia V Residences is a luxurious condominium located in the heart of Georgetown, Penang, offering a sophisticated blend of modern architecture and timeless elegance. This exclusive property features two towers, reaching up to 48 stories, with a selection of spacious units ranging from 2,624 to 7,119 square feet. Each residence is designed with high-end finishes, floor-to-ceiling windows, and expansive balconies that offer breathtaking views of the city skyline and the Andaman Sea.
Residents of Setia V Residences enjoy an array of top-tier facilities, including an infinity pool with panoramic views, a fully-equipped gym, a yoga room, private function rooms, and lush landscaped gardens. The property also boasts a secure, 24-hour concierge service to cater to every need.
Strategically located, the condominium is within walking distance to vibrant local attractions, renowned eateries, upscale shopping malls, and cultural landmarks. It offers easy access to public transportation and major roads, making it a convenient hub for both leisure and business.
The estimated price range for purchasing a unit at Setia V Residences is between RM 3 million to RM 8 million, depending on the size and floor level. Rental prices typically range from RM 10,000 to RM 20,000 per month, making it an attractive option for discerning residents seeking premium living in Georgetown.
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Why Should You Choose Setia V Residences, Georgetown
Transport & Connectivity
– Penang International Airport: Approximately 18 km from Georgetown; provides domestic and international flights.
– Penang Ferry Terminal: About 2 km away; connects Penang Island to the mainland.
– Rapid Penang Bus Service: Offers extensive coverage within Georgetown and to other parts of Penang.
Shopping & Dining
– Gurney Plaza: Located around 5 km from Georgetown; offers a mix of retail stores and dining options.
– Komtar: Situated approximately 2 km away; features shopping, dining, and entertainment under one roof.
– New Lane Hawker Centre: Less than 1 km from Georgetown; popular for street food and local delicacies.
Healthcare
– Penang General Hospital: Roughly 3 km from Georgetown; a leading healthcare provider with comprehensive services.
– Island Hospital: Located about 3 km away; known for advanced medical facilities and expert healthcare professionals.
– Gleneagles Penang Medical Centre: Approximately 4 km away; offers a wide range of specialized medical treatments.
Education
– Universiti Sains Malaysia (USM): Situated around 10 km from Georgetown; a major Malaysian public research university.
– St. Xavier’s Institution: Located less than 1 km away; one of the oldest and most prestigious schools in Penang.
– Penang Free School: About 6 km from Georgetown; known for its history and quality education standards.
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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 specific needs. 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 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 buying process
It depends on your needs. Brand new properties often offer early-bird discounts and incentives like rebates and lower upfront costs, 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 weigh the pros and cons based on your preferences.
You should have your identification card, proof of income (payslip/EPF statement/bank statements), and a loan approval (if needed) to speed up the process.
Aside from the down payment (usually a small percentage), you’ll need to budget for government charges, lawyer costs, bank processing charges, and valuation charges.
Yes! We study the market, review recent sales, and negotiate with the seller to help you secure the most favorable price.
We search for listings that fit your budget and preferences, schedule viewings, and negotiate rental terms with the property owner to secure the best deal for you.
For renting a home, the tenant typically pays an agency fee, which is equal to one 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.
Typically, if you terminate your tenancy early, you may lose your deposit unless you find a new tenant to take over.