Gurney Drive Β· Subsale Market
Setia V Residences Subsale β Gurney Drive, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Setia V Residences is a completed freehold condominium in Gurney Drive, Penang, completed in 2017 by SP Setia. It has 178 units. Subsale asking prices currently run about RM911β1593 per sq ft (from roughly RM 1.58M).
Price at a glance
Prices as at September 2026 β Subsale asking prices basis. Last checked 2026-08-04.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,400β4,118 | RM1.58M | RM911 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Setia V Residences subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Gurney Drive's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Setia V Residences.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How Setia V Residences is priced within Gurney Drive
At roughly RM911 psf, Setia V Residences sits toward the value end of Gurney Drive's condo band (RM750β1800 psf). That usually reflects building age, floor level, or distance from the area's prime frontage β worth checking which, because the first two are negotiable and the third is not.
vs NAPIC median
-7%
Area median RM980 psf (all residential)
Area gross yield
~3.8%
Typical for Gurney Drive condos
Building age
9 years
Completed 2017
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data β see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
The Setia V Residences pre-purchase checklist
- 1.Remaining lease (if leasehold) β Ask for the exact expiry year. Banks tighten lending as the remaining term shortens, which affects both your loan and your future buyer's.
- 2.Outstanding charges and caveats β Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
- 3.Genuine transacted comparables β Ask for recent transacted prices in the same block, not asking prices. Asking prices tell you what sellers hope for, not what the market pays.
- 4.Exit tax position β Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
- 5.Vacant possession terms β Agree in writing what stays β air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.
Setia V Residences price 2026
What Setia V Residences trades at on the sub-sale market, last checked 2026-08-04.
| Asking from | RM1.58M β RM4.1M |
| PSF | RM911 β 1593 |
| Built-up | 1,400 β 4,118 sqft |
| Completed | 2017 |
| Units | 178 |
Verified sub-sale asking prices. Asking is not transacted β expect movement between the two.
The building is 9 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporationβs problem and, through the sinking fund, partly yours. Check what was actually rectified.
A foreign buyer can purchase here β the RM1M minimum is cleared. Add the state levy, a flat 8% stamp duty and 3β4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β and if you are near the five-to-six-year line, the date matters more than the price.
Setia V Residences for sale & for rent
Looking to buy or rent a unit in Setia V Residences? Asking prices and rents move with the market and with the specific unit β floor, facing, condition β so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
Setia V Residences key facts
- Developer
- SP Setia
- Area
- Gurney Drive, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2017
- Total units
- 178
- Asking PSF
- RM911β1593
- Price from
- RM 1.58M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Setia V Residences:
View full Setia V Residences profile βGurney Drive β area snapshot
Full area guide βGurney Drive is Penang's prestige address for high-end residential. Limited land and consistent demand from local professionals and overseas Malaysians keep prices elevated.
Price range
RM 1.1M β RM 3.5M
asking prices in area
Active projects
1
selling or under construction
Subsale condos
7
completed projects
Total tracked
9
properties in this area
Other projects in Gurney Drive
All 8 others we track here, cheapest first β 1 of them still selling.
- 1 Persiaran Gurney (PG1)RM1.15M
- Sunrise @ GurneyRM1.25M
- SOHO @ GurneyRM1.34M
- Marriott ResidencesRM1.6M
- W Residence Gurney BayRM2.37M
- 11 Gurney DriveRM2.7M
- Gurney ParagonRM2.85M
- 8 Gurney (The Shore)RM3.48M
Setia V Residences subsale β common questions
What is the price of Setia V Residences?
Setia V Residences runs RM1,580,000 to RM4,100,000. These are verified sub-sale asking prices, not transacted figures β expect movement between the two. That works out to about RM911β1,593 per square foot. Checked 2026-08-04.
Is Setia V Residences freehold or leasehold?
Setia V Residences is freehold. We do not hold the land title class on record β confirm it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at Setia V Residences?
Yes. Penang Island sets a RM1,000,000 minimum for foreign buyers. Add a state levy, a flat 8% stamp duty, and 3β4 months for state consent.
When was Setia V Residences completed?
Setia V Residences completed in 2017, developed by SP Setia. Units here trade sub-sale.
How big are the units at Setia V Residences?
Built-ups run 1,400 to 4,118 sq ft. There are 178 units in total.
Is it a good building for own-stay?
Yes β as a listed-developer product with dependable management, larger layouts and a prime Gurney position, it suits own-stay and long-term rental. Unit facing matters most here.
More on the neighbourhood:
Gurney Drive area guide β schools, transport, PSF, lifestyle scorecard βSubstitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.