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
|
| 2023 | |||||
|
Level 11
|
RM680,000
|
RM549
|
1,238 sqft
|
|
Condo |
|
Level 20
|
RM530,000
|
RM573
|
926 sqft
|
|
Condo |
|
Level 5
|
RM550,000
|
RM581
|
947 sqft
|
|
Condo |
|
Level 9
|
RM490,000
|
RM529
|
926 sqft
|
|
Condo |
|
Level 17
|
RM605,000
|
RM520
|
1,163 sqft
|
|
Condo |
|
Level 6
|
RM495,000
|
RM523
|
947 sqft
|
|
Condo |
|
Level 4
|
RM498,000
|
RM538
|
926 sqft
|
|
Condo |
Selling in The Spring? Homes here sold for a median of RM530,000.
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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
ResidentialRM530,000
RM538 psfMedian transaction price
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Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia
MapsThe Spring in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM530K and a median price per square foot (PSF) of RM538.
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 RM530K, with most transactions falling within a stable range of RM490K to RM595K, and a typical market range of RM490K to RM574K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM538, with most transactions between RM516 and RM560. The usual range is RM512.47 to RM563.47, showing that most units are priced quite close to each other. With an IQR of RM51.00 and MAD of RM22, 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.