The Spring
Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia
Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 19
|
RM500,000
|
RM540
|
926 sqft
|
|
|
|
Level 3
|
RM505,000
|
RM546
|
926 sqft
|
|
|
|
Level 16
|
RM540,000
|
RM583
|
926 sqft
|
|
|
|
Level 13
|
RM510,000
|
RM551
|
926 sqft
|
|
|
|
Level 16
|
RM535,000
|
RM578
|
926 sqft
|
|
|
|
Level 2
|
RM505,000
|
RM539
|
936 sqft
|
|
|
Level 17
|
RM605,000
|
RM520
|
1,163 sqft
|
|
|
|
Level 5
|
RM600,000
|
RM516
|
1,163 sqft
|
|
|
Level 11
|
RM680,000
|
RM549
|
1,238 sqft
|
|
|
|
Level 20
|
RM640,000
|
RM517
|
1,238 sqft
|
|
|
Level 18
|
RM670,000
|
RM523
|
1,281 sqft
|
|
|
|
Level 17
|
RM770,000
|
RM601
|
1,281 sqft
|
|
|
|
Level 23
|
RM615,000
|
RM480
|
1,281 sqft
|
|
|
|
Level 13
|
RM600,000
|
RM468
|
1,281 sqft
|
|
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The Spring
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Market Snapshot
ResidentialRM535,000
RM546 psfMedian transaction price
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Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia
MapsThe Spring in Timur Laut, Penang recorded 31 subsale transactions between 2021 and 2026, with a median price of RM535K and a median price per square foot (PSF) of RM546.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM535K, with most transactions falling within a stable range of RM500K to RM570K, and a typical market range of RM491K to RM579K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM546, with most transactions between RM523 and RM569. The usual range is RM520.03 to RM571.03, showing that most units are priced quite close to each other. With an IQR of RM51.00 and MAD of RM23, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.