Setia V Residences
Timur Laut, Penang · High-rise (condo, apartment, flat) · Freehold
Homes in Setia V Residences have sold for a median of
RM3,200,000
RM1452 psf on the recorded floor area
Half of the 35 recorded sales fell between RM1,775,000 and RM5,779,660. One in ten went under RM72,500, one in ten over RM5,927,260. Sales run from 29 July 2021 to 15 October 2025.
Up 133% from a RM2,120,000 median in 2021 to RM4,936,830 in 2023.
These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.
How to read this page
The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.
What kind of home, and what title
The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.
Year by year
| Year | Median sold | Per sq ft | Sales |
|---|---|---|---|
| 2021 | RM2,120,000 | RM1145 psf | 5 |
| 2022 | RM3,200,000 | RM1460 psf | 21 |
| 2023 | RM4,936,830 | RM1500 psf | 6 |
| 2024 | RM3,075,000 | RM1193 psf | 2 |
| 2025 | RM1,860,000 | RM1280 psf | 1 |
A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.
Nearby, and where this one sits
Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, Setia V Residences sits 153 of 154 in that set.
146 cheaper schemes above
Against Penang
Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Setia V Residences’s own median is RM3,200,000 — higher than that state median. Full Penang table.
Cash and monthly on the RM3,200,000 median
Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.
Cash at offer
- Down payment (10%): RM320,000
- Transfer duty (MOT): RM112,000
- Loan duty (0.5%): RM14,400
- Total cash: RM446,400
Monthly carry
- Instalment (35y @ 4.00%): RM12,752
- Total monthly: RM12,752
4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote
Questions this record answers
- What have homes in Setia V Residences sold for?
- A median of RM3,200,000 (RM1452 psf), from 35 land-office transactions between 29 July 2021 and 15 October 2025.
- What is a typical band here?
- Half of recorded sales fell between RM1,775,000 and RM5,779,660. One in ten went under RM72,500; one in ten over RM5,927,260.
- Has the median moved?
- From RM2,120,000 in 2021 to RM4,936,830 in 2023 (+133%), using only years with five or more sales.
Read next
From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.