The Spring
Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia
Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia
Selling in The Spring? Homes here sold for a median of RM660,000.
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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
ResidentialRM660,000
RM533 psfMedian transaction price
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Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia
MapsThe Spring in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,225 and 1,274 sqft, with a median price of RM660K and a median price per square foot (PSF) of RM533.
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 RM660K, with most transactions falling within a stable range of RM640K to RM680K, and a typical market range of RM640K to RM680K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM533, with most transactions between RM517 and RM549. The usual range is RM507.68 to RM558.68, showing that most units are priced quite close to each other. With an IQR of RM51.00 and MAD of RM16, 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. Limited transaction history suggests carefully evaluating comparable sales data.