Setia V Residences Georgetown
Find out the newest homes, prices, and best prices for Setia V Residences in Georgetown.Whether you’re looking to purchase, rent, or sell, get expert guidance now.
Property Overview
Setia V Residences is a luxurious residential development located in the heart of Georgetown, Penang, offering an exquisite blend of modern living and urban convenience. This prestigious property boasts two striking towers with a total of 166 spacious units, each designed with sophisticated interiors and panoramic views of the city and coastline. Residents can enjoy a range of top-notch facilities including an infinity swimming pool, fully-equipped gym, landscaped garden, and a multipurpose hall. Additionally, a dedicated children’s play area and 24-hour security ensure a safe and family-friendly environment.
Setia V Residences is strategically situated close to a variety of amenities such as upscale shopping malls, renowned educational institutions, and esteemed medical facilities. The vibrant cultural and culinary scene of Georgetown is just a short distance away, offering residents an immersive lifestyle experience.
The estimated price range for purchasing a unit at Setia V Residences is between RM 2 million to RM 6 million, while rental prices typically fall between RM 7,000 to RM 15,000 per month, depending on the unit size and floor level. With its prime location and exceptional offerings, Setia V Residences stands out as an ideal choice for those seeking refined living in one of Malaysia’s most charming cities.
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Why Should You Choose Setia V Residences, Georgetown
Transport & Connectivity:
– **Rapid Penang Bus Services**: Comprehensive bus network connecting Georgetown with other parts of the island.
– **Penang International Airport**: Approximately 16 km away, offering domestic and international flights.
– **Penang Ferry Terminal**: About 4 km from Georgetown, providing ferry services to the mainland.
Shopping & Dining:
– **Gurney Plaza**: Located 4 km from Georgetown, featuring a mix of international and local brands.
– **Penang Street Food**: Notably around George Town’s Lorong Baru, offering a variety of local delicacies.
– **Queensbay Mall**: Approximately 11 km away, known for its extensive retail and dining options.
Healthcare:
– **Penang General Hospital**: Roughly 3 km from Georgetown, provides comprehensive medical services.
– **Island Hospital**: Situated about 2 km away, known for its specialized medical treatments.
– **Lam Wah Ee Hospital**: 6 km from Georgetown, offering a wide range of healthcare services.
Education:
– **University of Science Malaysia (USM)**: About 11 km from Georgetown, one of the leading universities in Malaysia.
– **Penang Free School**: Situated roughly 4 km away, providing secondary education with a rich history.
– **INTI International College Penang**: Approximately 8 km away, offering various pre-university and degree programs.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your budget, desired area, and specific needs. We also negotiate on your{For most property purchases, our assistance comes at no cost for buyers as we are paid by the seller. We provide expert advice at zero cost to you.} {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.} behalf and assist you with the property purchase journey
It depends on your priorities. Brand new properties often come with developer perks like rebates 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 compare options based on your preferences.
You should have your IC, salary details (salary slip/KWSP record/financial records), and a loan approval (if needed) to expedite the process.
Aside from the initial deposit (usually a small percentage), you’ll need to consider government charges, lawyer costs, loan agreement fees, and valuation charges.
Yes! We study the property trends, review recent sales, and negotiate with the property owner to get you the most favorable price.
We filter listings that match your budget and requirements, arrange viewings, and discuss rental terms with the property owner to secure 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 lease term.}
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.
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.