Setia V Residences Renovation & Furnishing in Gurney Drive
Setia V Residences is a premium seafront development on Gurney Drive with direct strait views, infinity-edge facilities and walking distance to Gurney Plaza, G Hotel and the Gurney hawker belt. The development draws MM2H expats, senior corporate executives and medical professionals — the highest-yield rental segment in Penang.
5.0 Google Rating · Verified owner reviews on Google · 30-45 day rental-ready delivery
Common Layouts
2-bed (~1,200 sqft) · 3-bed (~1,600 sqft) · Penthouse (~3,200 sqft)
Typical Rental Range
RM 4,500 – RM 10,000/mo
Furnishing Package
RM 38,000 – RM 80,000
Who Rents at Setia V Residences?
Setia V tenants are MM2H expats on 2-5 year leases, senior corporate executives on company packages and senior medical professionals from Gleneagles / Pantai. They expect designer-grade interiors, premium appliances and a master suite that photographs at magazine standard.
Our Rental Assessment of Setia V Residences
What we've learned quoting and furnishing units at this address. Figures are indicative and subject to a site assessment.
Setia V Residences is the quietest of the Gurney Drive high-rises, with a low unit count per floor and sea-facing stacks that command the top of the local rent band. Because the building is positioned at the luxury end, the tenant pool is small but well paid: senior expatriates, medical specialists and a steady flow of corporate lets arranged through relocation agents. Small pool plus high expectation means presentation decides everything — an unfurnished unit at this address can sit for months while a fully styled one is taken by the second or third viewing.
We budget more here for lighting, curtains and soft furnishings than we would anywhere in Bayan Lepas, because those are the elements that photograph the sea view instead of fighting it. Owners should also plan for the management office's contractor deposit and restricted lift booking windows; furniture delivery is staged so bulky items land in one booked slot rather than several.
Layout-by-layout: how Setia V Residences units are usually let
| Layout | Best-fit rental strategy | Furnishing scope it needs |
|---|---|---|
| 3-bedroom sea-facing | Corporate or expat lease | View-first living layout, blackout curtains, full kitchen |
| 4-bedroom | Family relocation lease | Four wardrobes, dining for six to eight, study |
| Penthouse | Premium negotiated lease | Custom scope, two living zones, upgraded lighting design |
Rent achieved at Setia V Residences typically falls within RM 4,500 – RM 10,000/mo; furnishing scope for these layouts runs RM 38,000 – RM 80,000.
What we did nearby
Nautilus Bay case study — RM59,390 fit-outFull cost breakdown of a landed Airbnb fit-out on Karpal Singh Drive, ongoing since October 2024.
What MyReno Does for Setia V Residences Owners
Setia V Residences Renovation FAQs
How much to furnish a Setia V Residences 2-bed for expat rental?
A rental-ready 2-bed at Setia V Residences typically lands between RM 42,000 and RM 55,000 — premium living/dining, master and second bedroom with proper wardrobes, full designer kitchen, curtains, designer lighting and styling. Most projects close inside 35-45 days.
Does MyReno handle Setia V's renovation approval process?
Yes. We file the Setia V Residences renovation application, post any deposit, book the service lift and obtain contractor passes. Furnishing-only jobs are typically approved within 1-2 working days.
Is Setia V Residences good for premium short-stay Airbnb?
Yes — the Gurney seafront, mall connectivity and skyline views drive top-decile nightly rates. Our Airbnb-tuned package focuses on guest-review essentials: blackout curtains, real workstation, full premium kitchenware, designer styling and a printed welcome binder.
Do you handle sub-sale Setia V refurbs?
Yes — much of our Setia V work is sub-sale refurbishment. We retain built-ins that hold value, refresh soft furnishings and lighting, and coordinate wet works if needed. Premium-tier refurbs typically run 25-40% cheaper than a full new fit-out.
Nearby Buildings & Related Reading
Other Penang developments we furnish, plus the numbers behind a completed project.
Other developments
Guides & proof
RM34,500 setup returning RM3,526.72/month owner net.
Get a Setia V Residences Furnishing Quote
Free site visit at Setia V Residences, Gurney Drive. Itemised quote within 48 hours.