Setia V Residence
You’ll find: Video (coming soon), Layout, floor plan, facilities and details of this properties, including prices for sale & rent and most importantly our review for Setia V Residence.
Table of Contents
Setia V Residence LOCATION
- Walking Distance to Clinics, Convenience store
- Walking distance to shopping mall: Gurney Plaza & Paragon
- 11 km to Penang Bridge
- 16 km to Bayan Lepas Free Industrial Zone FIZ
- 19 km to Penang International Airport
- 2 km to Island Hospital
- 2 km to Gleneagles Hospital Penang
- 2.5 km to Penang Adventist Hospital
- 2.5 km to Penang General Hospital
- 3 km to Loh Guan Lye Specialist Hospital
- 5 km to Georgetown Specialist Centre
- 6 km to Lam Wah Ee Hospital
- 17 km to Pantai Hospital
International School
- 2.5 km to St. Christopher’s International School
- 6.5 km to Dalat International School
- 7 km to Tenby International School
Primary School
- 2 km to SJKC Phor Tay (Chinese Primary School)
- 2.5 km to SJK (C) Union (Chinese Primary School)
- 2.7 km to Pykett Methodist School
- 3.5 km to SJK (C) Heng Ee (Chinese Primary School)
- 3.5 km to SJK (C) Aik Hua (Chinese Primary School)
- 4 km to SJK Tong Sian C (Chinese Primary School)
- 4 km to SJKC Shih Chung
- 4 km to SJK (C) Convent Datuk Keramat (Chinese Primary School)
- 5 km to SJKC Shang WU (Chinese Primary School)
- 5 km to SJK (C) Han Chiang (Chinese Primary School)
- 5 km to SJK (C) Sum Sun (Chinese Primary School)
- 5 km to SJK (C) Hun Bin (Chinese Primary School)
- 5 km to SJK (C) Moh Ghee Branch (Chinese Primary School)
- 5 km to SJK (C) Kong Min Center
- 6 km to SJKC Kheng Tean (Chinese Primary School)
- 6 km to Wesley Methodist School Penang (International)
- 6.3 km to S.R..K. (C) Jelutong (Chinese Primary School)
- 7 km to SJK (C) Poay Wah (Chinese Primary School)
Secondary School
- 4 km to SMJK Perempuan China
- 4 km to Union High School
- 4 km to SMJK Convent Datuk Keramat
- 4.5 km to Han Chiang Independent High School (Chinese High School)
- 5 km to SMJK Heng Ee
- 6 km to SMJK Chung Ling
- 5 km to SMJK Heng Ee
- 6.7 km to Chung Hwa Confucian SMJK
Tertiary Education
- 2.5 km to the One Academy
- 3 km to UOW Malaysia KDU Penang University College
- 7 km to Tunku Abdul Rahman University College
- 12 km to USM
- 15 km to INTI
- 1.5 km to Gurney Plaza
- 4 km to 1st Avenue, Prangin Mall, Komtar
- 14 km to Queensbay Mall
- 15 km to Bukit Jambul Complex
- Setia V Residences, Lorong Burma, 10250 George Town, Penang
- penangpropertydeals@gmail.com
- +6011-1098 4066
- Click here to WhatsApp Us
If you need help to let (rent) or to sell your property please click here or WhatsApp us
Who is the developer? – SP Setia
Setia V Residences is a high rise luxury Condominium with low density feature situated at Lorong Burma, Georgetown, Penang. Total units of Setia V Residence is only 178 units with 2 towers and 8 levels of facilities to be enjoyed exclusively.
Key Features / Summary of Setia V Residences
Property Type of Setia V Residence
Setia V Residence is built in condominium type
Tenure
Setia V Residence at Georgetown, Penang by SP Setia is a FREEHOLD property
Developer
SP Setia
Maintenance Fees of Setia V Residence
approx. RM 0.40 PSF
Built up / Size
7 main types of layout from 1,376sf - 4,987sf @ 3 to 4 bedrooms
Setia V Residence Date of completion
Approx year 2017
Total Units
Total 2 towers
Total level: 31 & 48
Total Unit: 178
Real Estate Negotiator
More About Setia V Residence
The overall façade of Setia V Residence comes in a contemporary lifestyle elegantly fused with charming nostalgia.
Key selling features includes strategic location, private elevators, unparalleled facilities and ample space for flourishing lives, where developer offer a brand new heightened sense of sophistication.
Setia V Residence Facilities
Level 1:
Badminton Court
Level 2 & 3
Viewing deck
Level 4
Squash Court
Lounge area
Level 5
Viewing Deck
Level 6
Children’s Pool
Chindren’s Playground
Chindren’s play room
Level 7
viewing deck
Level 8
Function Hall
Pavilion
Sky Garden
Recreation Room
Level 9
Viewing Deck
Level 10
Gymnasium
Pavilion
Yoga Deck
Dance Studio
Level 11
Infinity Pool
Sauna & steam room
Sun & Viewing deck
BBQ Garden
Concept kitchen
Sky Facilities @ Tower B
Sky Aqua Gym
Sky Lounge
Sky Pavilion
Get a limited & private dip pool unit and enjoy exclusive sea view here at Setia V Residence
Get an amazing sea view here at Setia V Residence and enjoy the short travelling distance to Gurney Drive and Gurney Plaza.
Setia V Residence layout
Setia V Residence unit for sale
Unsure of which one to choose? Talk to Us
Setia V Residence market rate as at May 2022
Unit For Sale
Unit for rent
3+1 bedrooms
2,624 - 2,753 sq ft-
3+1 Bedrooms
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3+1 Bathrooms
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1 Balcony
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FREE S&P Legal Fees
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FREE Loan Legal Fees
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Sea View & City View
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Private Dip Pool
2+1 bedrooms
1,376 - 1,869 sq ft-
2+1 Bedrooms
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2+1 Bathrooms
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1 Balcony (except type B1)
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FREE S&P Legal Fees
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FREE Loan Legal Fees
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Sea View / City View (depends on facing)
4+1 bedrooms
type A1 @ 4,118 sq ft-
4+1 Bedrooms
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4+2 Bathrooms
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1 Big Balcony
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FREE S&P Legal Fees
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FREE Loan Legal Fees
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4 car parks
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Private Dip Pool
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Sea View & City View
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Private Lift Lobby
Setia V Residence For Sale
Setia V Residence Showroom for Sale
RM 4.33m @ Fully Furnished, 4,118 sq ft @ 4+1 bedrooms
RM 2.23m @ Fully Furnished, 1,869 sq ft @ 2+1 bedrooms
Setia V Residence For Rent Market Rental Rate
Setia V Residence For rent
RM 8,000 Fully Furnished @ Middle floor
Setia V Residence Penang For rent
RM 4,500 Fully Furnished @ Middle Floor
Frequently Asked Questions (FAQs) about Setia V Residence
Setia V Residence Related Questions:
Setia V Residence is completed around 2017
As far as I know as at May 2022, no potential project directly in front of Setia V Residence other than the new Andaman Island by E&O which is quite some distance away and you will be able to enjoy the sea view and city view once Andaman Island is completed !
Another BONUS would be the Gurney Wharf project by Penang Government which would spend about Rm 200 million to further enhance the environment and property price of this area!
If you’re looking for a brand new unit in Setia V Residence, the sales packages come with free legal fee for loan and sales and purchase agreement (S&P)
Fittings like Aircond, kitchen cabinet are included.
Fully furnished would be required to top up.
Yes there is if you’re buying a brand new unit, with just a top up and you’ll get a fully furnished unit.
Yes you can. However, if it is a new project / under-constructions / developer’s unit , developers are giving free legal fees ya.
Developers would be happy if you help them save cost
Yes you can. As long as I’m awake I will answer your call & reply your message.
You can also call me at +6011-1098 4066
Rest assured. We are here to help & provide solution. We promise no hard selling or pushing. Tell us what’s in your mind and we’ll try our best to help
Yes you can. Please contact us via 011-1098 4066 to visit and get more information!
Yes you can, please don’t hesitate to contact us for more details.
Can i take loan with local banks? Yes you can but there’s certain criteria you have to fulfill in order to apply loan from the local banks. Talk to us and we’ll help you with our best & show you important fees to be involved / get prepared.
Get e-Brochure for Setia V Residence
Setia V Residence Review
Is Setia V Residence a Good Buy ?
Our Analysis / Opinion
Is Setia V Residence Good for Own Stay Purpose?
Setia V Residence might be 5 star location for certain group of people. The most suitable property & location will be the best for you as it is a different standard for each group of people.
You can expect an above average quality because this is a development by SP Setia which is one of the top developer in Malaysia.
Walking distance to Gurney Plaza & Gurney Paragon and places to relax with family.
Is Setia V Residence Good for Investment ?
You can expect a higher capital gain and rental rate when our economy recovers and our Penang government is having planning with the Gurney Wharf hence it is definitely another bonus.
How's the rental ROI for Setia V Residence
The ROI in terms of rental rate shall be around 2% to 3% due to recent down trend of property industry and the impact of Covid-19.
If you’re purchasing with bank loan, your will have a net cash outflow. Rental rate shall be around RM 5,000 to RM 10,000 depends on the size of your unit as at May 2022.
Is it easy to sell Setia V Residence in the foreseeable future?
I would say it is moderate level to sell your unit at Setia V Residence if you plan to make an investment here or to sell in a foreseeable future due to its price.
And reason it is easy:
1. It is a low density development therefore you have lower existing competition.
2. Great location.
3. Unique and limited layout for each level.
My Personal preference & comment for Setia V Residence as an agent
The only funny or I should say imperfect is the carpark, in order to get a lower level carpark you’ll have to pick up high floor unit otherwise your carpark will be located high floor.
Other than carpark, most of the features are just great regardless city view or town view unit both view are just fine.
As what the government plan shows the Gurney Wharf will be another bonus for all the owners and the new Andaman Island by E&O is quite some distance away. You will be able to enjoy the sea view and the upcoming city view as well.
What if Tsunami comes? #YouAreNotAlone.
Developer is SP Setia, so better than average quality project. Low density development with more privacy and peaceful environment with the excellent sea view.
Customers reviews
99.99% of my clients are happy !
More Testimonials at Facebook
Rating
Trustworthy, Fast action, Super patience with customers' enquiries. He even replied my message in the midnight 1AM 😂 Scott 's superb service surely beyond your expectation. Highly recommended for those who need a reliable agent. 👍
He was very polite and kind to me, who didn't know anything. Thanks to that, I can live with peace of mind. Thanks to you, I'm comfortable.
More Testimonials at Google
Let’s arrange for a visit to Setia V Residence
Interested with any of the project you saw here in our website ? Just click on the “Message” / “WhatsApp” button and let us know.
We’ll send you detailed info & invite you to the showroom / sales gallery / actual site.
You can also reach us at +6011-1098 4066
We’ll assist you throughout the process, if you’re happy, just pick up a unit, we have ready bankers & lawyers to assist your loan application & sales & purchase process.
However, if you think our proposal is not able to suit your criteria, do feel free to let us know please don’t say “I’ll consider and come back to you”. We know you wont come back so just let us know so we can help you with our best. Again, we promise, no hard-selling.
Voilà, congratulations, u can sign relevant documents now if everything approves / goes well. Sit back and relax to wait for your keys / vacant possession.
What if loan rejected ? No worry, fully refundable for your booking fees. We’ll let you what could be the potential reason your loan is rejected, and then we start from there to build your profile again ! (Don’t be disappointed, it happens to some of our clients sometimes)
About My Property Deals - Scott Seow
Real Estate Negotiator (REN 43700)
I’m Scott Seow, a real estate negotiator focusing on new projects, sharing of news and updates related to Penang & Malaysia’s property. I’m an detailed & transparent person, what I know will definitely be what you know. Nobody likes hidden fact when it comes to decision-making.
I deliver SHARP DETAIL for my clients throughout the entire property hunting journey. You need sharp detail because of information overload, unorganized, overpromising agent and developers. Right now, having someone who is SHARP & DETAILED is key to your success. Other people do not provide SHARP DETAIL and as a result, you’ll probably experience an incomplete information, confused or even wrong purchase decision!
That is why I am the perfect solution to your problem
You can reach me at +6011-1098 4066 or the contact button in the page or email me at penangpropertydeals@gmail.com if you need my service.
Detail-Oriented Agent.
If you need help to let (rent) or to sell your property please click here or WhatsApp us
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