Setia V Residences Georgetown
Check out the most recent homes, rates, and deals for Setia V Residences in Georgetown.If you’re looking to purchase, rent, or list your property, get expert guidance now.
Property Overview
Setia V Residences is a prestigious condominium located in the heart of Georgetown, Penang, offering a blend of luxury and modern living. This elegant property features spacious units with panoramic views of the city and the sea, designed with meticulous attention to detail and high-quality finishes. Residents can enjoy a range of premium facilities including an infinity pool, state-of-the-art fitness center, sky lounge, and landscaped gardens. The development is strategically situated near essential amenities such as shopping malls, renowned dining establishments, educational institutions, and healthcare facilities, making it ideal for families and professionals alike.
The estimated price range for purchasing a unit at Setia V Residences is between RM 2.5 million to RM 4.5 million, depending on the size and floor level. Rental prices typically range from RM 7,000 to RM 12,000 per month. This property not only promises an upscale lifestyle but also represents a sound investment in one of Georgetown’s most sought-after locations.
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Why Should You Choose Setia V Residences, Georgetown
Transport & Connectivity:
– Penang International Airport: Approximately 18 km, offering flights to major regional destinations.
– Penang Sentral: About 20 km, providing bus, train, and ferry services for efficient travel across Penang and to the mainland.
– Public Buses: Frequent and reliable services operated by Rapid Penang, with routes throughout Georgetown and beyond.
Shopping & Dining:
– Gurney Plaza: Located around 5 km, a premier shopping destination with various international and local brands.
– Penang Street Food: Within the city, offering a rich variety of hawker stalls and local culinary delights.
– Little India: Approximately 1.5 km, known for vibrant markets and authentic Indian cuisine.
Healthcare:
– Penang General Hospital: Roughly 5 km, a major public hospital providing comprehensive medical services.
– Island Hospital: About 3 km, a private hospital known for specialized treatments and medical tourism.
– Loh Guan Lye Specialist Centre: Approximately 4 km, offering a full range of specialist healthcare services.
Education:
– Universiti Sains Malaysia: Located 10 km away, one of Malaysia’s top universities known for research and education.
– St. Xavier’s Institution: In the heart of Georgetown, a historic and prestigious secondary school.
– Penang Free School: Roughly 5 km, the oldest English school in Southeast Asia, offering quality 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 earn commission from the seller. We provide expert advice at no extra charge to you.} {For most transactions, our service is free for buyers as we earn commission from the seller. We provide professional guidance at zero cost to you.} behalf and guide you through the property purchase journey
It depends on your needs. New launch properties often offer early-bird discounts and incentives like rebates and flexible payment plans, but they require a waiting period before handover. Sub-sale properties are available immediately, allowing you to see the actual condition before buying. We can help you compare options based on your preferences.
You should have your identification card, proof of income (salary slip/KWSP record/financial records), and a loan approval (if needed) to expedite the process.
Aside from the down payment (usually a small percentage), you’ll need to consider government charges, legal fees, loan agreement fees, and property assessment fees.
Yes! We study the property trends, review past transactions, and discuss terms with the property owner to help you secure the best deal.
We filter listings that fit your price range and preferences, arrange viewings, and negotiate rental terms with the property owner to secure the best deal for you.
For rental properties, the renter 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. Additional documents may be required depending on the landlord’s preferences.
You are generally required to pay a 2-month security deposit, 1-month advance rent, and a utility deposit when renting a property.
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.