The Spring
Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia
Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia
| LIST.MY · The Spring | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 17
|
RM770,000
|
RM601
|
1,281 sqft
|
|
Condo |
|
Level 18
|
RM670,000
|
RM523
|
1,281 sqft
|
|
Condo |
| 2022 | |||||
|
Level 23
|
RM615,000
|
RM480
|
1,281 sqft
|
|
Condo |
|
Level 13
|
RM600,000
|
RM468
|
1,281 sqft
|
|
Condo |
Selling in The Spring? Homes here sold for a median of RM642,500.
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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
ResidentialRM642,500
RM502 psfMedian transaction price
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Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia
MapsThe Spring in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 1,275 and 1,324 sqft, with a median price of RM643K and a median price per square foot (PSF) of RM502.
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 RM643K, with most transactions falling within a stable range of RM600K to RM709K, and a typical market range of RM600K to RM686K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM502, with core pricing between RM450 and RM554. Market pricing typically extends from RM476.10 to RM527.10, reflecting moderate variation in unit pricing. With an IQR of RM51.00 and MAD of RM52, 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.