Average Sales Price
Setia V Residences is a freehold condominium situated along Persiaran Gurney and Jalan Kelawei, Georgetown, Penang in Malaysia. The developer of this condominium is SP Setia, a prominent Malaysia-based property development company which has won multiple awards due to its outstanding contribution to property development industry in the country. Some of the prominent awards that the developer prides in include The Edge Malaysia Top Property Developer, Euromoney Top Property Developer as well as the FIABCI Prix d’Excellence for Best Development Master Plan. Besides Setia V Residences, the developer has developed other popular residential properties as you are going to see here later on. Coming back to Setia V Residences, it was completed in 2016 and contains two high-rise condominium blocks hosting 166 units in total. The units are very spacious and come with different built-up sizes, the minimum size being 2,624 square feet while the maximum is 7,119 square feet.
If you are looking forward to living in a lavish home in Georgetown, then, certainly Setia V Residences has you covered. From its innovative and tastefully designed interiors to the state-of-the-art facilities found inside, this property takes condominium lifestyle in the area a notch higher. From your unit here, you’ll be waking up to panoramic views of the Georgetown city or the Indian Ocean. If you choose to reside in Tower A, you’ll be spoilt with a vast balcony featuring a dip pool. Considering its location, which is very strategic, epic innovative design and a wide array of in-house facilities, the condominium is also a good investment option for savvy investors.
Standing in a strategic location, this condominium can be easily located through Persiaran Gurney as well as Jalan Kelawei. Buses and taxis are the most widely used means of public transport in the vicinity of the property. In the surroundings of the development, you’ll find various public amenities consisting of shop lots, food outlets, restaurants, offices, education institutions, salons, banks, petrol stations, places of worship and healthcare facilities, among others. The kindergartens, primary schools, secondary schools and tertiary educational institutions found near the condominium include Childhood Garden, Institut Perkim-goon Jalan Cantonment, GPEX Education, Taska Little Angels Sanctuary, Sekolah Menengah Sri Pelita, Adventist College of Nursing & Health Sciences, Phor Tay Private High School,Tenby International School, Penang, SMK Convent Pulau Tikus, SK Convent Pulau Tikus, SMKA (L) Al-Mashoor, SK St Xavier Cawangan, SJK(T) Azad, Sekolah Menengah Cina Phor Tay Persendirian, SJK(C) Phor Tay and SMK Westlands. Others also found within a two-kilometre radius include SMK Georgetown, SMK Air Itam, SJK(C) Union, Tenby International School, Penang, Spk Jalan Hutton (P), SJK(C) Perempuan China, SMjk Perempuan China Pulau Pinang and SK Jalan Residensi. For convenient healthcare service access, the property is in proximity to many relevant institutions including Penang Adventist Hospital, Gleneagles Medical Centre, Adventist Medical Centre, Hope Children Hospital, Hospital Pulau Pinang, Island Hospital, Loh Guan Lye Specialists Centre and several government clinics. All these facilities are found within a radius of 1.8km from the condominium. The nearest prominent shopping venues include Gurney Paragon, Gurney Plaza, Penang Plaza, Island Plaza and Straits Quay shopping malls as well as several convenience stores.
Setia V Residences has an abundance of facilities including a glass-walled badminton court, barbecue pits, game room, covered car park, multi-use hall, infinity pool, kids’ pool, Jacuzzi, children’s playground, dance studio, indoor and outdoor play areas, game room, reading room, sky lounge, sauna, yoga deck, squash court, steam bath and a landscaped garden. Besides, property is safe all the time, courtesy of 24-hour security. The security consists of an intercom, CCTV surveillance, an alarm system as well as a card access system fitted at the lift lobbies and lifts.
Occupying a 1.8-acre freehold land, the property is made up of two condominium blocks, namely Tower A and Tower B. Tower A has 48 floors while Tower B is 43-storey high. Both blocks host 166 units in total. Some of the units come with a standard layout while others are penthouses. The penthouses in Tower A have built-up sizes ranging from 4,593 to 7,119 square feet while those of Tower B have built-up areas ranging from 5,647 to 6,019 square feet. Standard units in tower A have built-up sizes ranging from 2,624 to 4,118 square feet while those of Tower B have built-up areas ranging from 3,158 to 6,019 square feet.
The property is estimated to have been completed in 2016, with launch prices of Tower A’s units starting from RM2,008,500 while those in Tower B had a minimum launch price of RM3,164,880.
SP Setia Group has developed several other prestigious projects such as TRiGON Luxury Residences @SetiaWalk, Dwiputra Residences, Duta Tropika, and Trefoil @SetiaCity. Setia V Residences neighbors many other prominent residential developments like Summer Place , 8 Gurney (The Shore) , Scott Residence , Mansion One and Sri Saujana.
Facilities & Amenities
24 hours security