THE SPRING

THE SPRING in Timur Laut, Penang recorded 23 subsale transactions between 2021 and 2025, with a median price of RM 520K and a median price per square foot (PSF) of RM 554.

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 RM 520K, with most transactions falling within a stable range of RM 492K to RM 548K, and a typical market range of RM 488K to RM 564K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 554, with most transactions between RM 525 and RM 583. The usual range is RM 528.50 to RM 579.50, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 29, 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.