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 13
|
RM510,000
|
RM551
|
926 sqft
|
|
|
|
Level 16
|
RM540,000
|
RM583
|
926 sqft
|
|
|
|
Level 16
|
RM535,000
|
RM578
|
926 sqft
|
|
|
|
Level 8
|
RM488,000
|
RM527
|
926 sqft
|
|
|
Level 17
|
RM770,000
|
RM601
|
1,281 sqft
|
|
|
|
Level 18
|
RM670,000
|
RM523
|
1,281 sqft
|
|
Selling in The Spring? Homes here sold for a median of RM520,000.
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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
ResidentialRM520,000
RM546 psfMedian transaction price
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Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia
MapsThe Spring in Timur Laut, Penang recorded 21 subsale transactions between 2021 and 2026, with a median price of RM520K 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 RM520K, with most transactions falling within a stable range of RM488K to RM593K, and a typical market range of RM488K to RM564K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM546, with most transactions between RM521 and RM570. 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 RM24, 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.