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 premium end of the Penang rental market.
5.0 Google Rating · 23 Google reviews (September 2026) · around 30 working days rental-ready delivery
Common Layouts
2-bed (~1,200 sqft) · 3-bed (~1,600 sqft) · Penthouse (~3,200 sqft)
Rental Potential
Depends on layout, condition, furnishing, room configuration, tenant profile, asking rent and current demand — assessed per property.
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
This is an indicative renovation planning guide for owners at this development. It is not a claim that MyReno completed the example shown, and final scope, pricing and timeline require 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 |
Rental potential at Setia V Residences depends on the unit layout, condition, furnishing, room configuration, tenant profile, asking rent and current demand. MyReno assesses the renovation scope for each property individually; indicative furnishing scope for these layouts runs RM 38,000 – RM 80,000.
Project references
Related Penang case study — Karpal Singh Drive, Jelutong, Penang
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 around 30 working 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. Application requirements are confirmed after assessment. Approval and review time are determined by building management or the relevant authority, not MyReno.
Is Setia V Residences good for premium short-stay Airbnb?
Yes — the Gurney seafront, mall connectivity and skyline views suit premium short-stay positioning. Our Airbnb-tuned package focuses on guest-review essentials: blackout curtains, real workstation, full premium kitchenware, designer styling and a printed welcome binder.
Nearby Buildings & Related Reading
Other Penang developments we cover for rental-ready renovation and furnishing, plus the documented numbers from a published case study.
Other developments
Guides & proof
RM34,500 setup; RM3,526.72 owner net recorded in the May 2026 statement month.
Get a Setia V Residences Furnishing Quote
Free site visit at Setia V Residences, Gurney Drive. Itemised quotation timing confirmed after assessment.