Setia V Residences, Gurney Drive, Penang

Setia V Residences is a condominium in the Gurney Drive area of Penang Island. This guide covers its location and nearby developments, plus practical points to check if you are thinking of buying or renting a unit here.

About Setia V Residences

Setia V Residences, also known as Setia V Residences @ Gurney Drive, is a condominium development on Penang Island in the state of Penang. It is one of 24 developments listed in the Gurney Drive area in our directory, so buyers and tenants have plenty of nearby options to compare it against. Condominiums in Malaysia are usually high-rise homes with shared areas run by a management body. This type of property often suits people who want to live close to the city.

Location and neighbourhood

Gurney Drive is a seafront stretch on the edge of George Town, the state capital. Penang locals know the area for its waterfront promenade and its food, and it has long been a popular place to live on the island. The area is built up, with many residential towers close together. Several other developments sit very close to Setia V Residences. All distances below are straight-line: - Gurney Palace (condominium), about 0.1 km away - Bella Vista (apartment), about 0.2 km away - H Residence (One Ritz Residence / Kelawai View) (condominium), about 0.2 km away - Maica Court (apartment), about 0.2 km away - Millennium Tower (condominium), about 0.2 km away - Sunrise Gurney (serviced residence), about 0.2 km away Having this many neighbouring developments nearby makes it easy to view and compare several properties in one visit.

Living here: what to check before you buy or rent

Before committing, ask the agent or the management office about the tenure and confirm it on the title. Check whether the strata title has been issued. Ask about the monthly maintenance fee and sinking fund, and whether there are any outstanding charges on the unit you are considering. Request an up-to-date list of the facilities and find out which ones are working and open to residents. Always view the unit in person, ideally at different times of day, to judge light, noise and the view. Look at the condition of the lifts, corridors and car park, as these reflect how well the building is maintained. If you are renting, read the tenancy agreement carefully. Confirm the deposits, what furniture and appliances are included, and who pays for repairs. If you are buying, a lawyer can carry out the necessary title and ownership checks for you.