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 19
|
RM500,000
|
RM540
|
926 sqft
|
|
Condo |
|
Level 3
|
RM505,000
|
RM546
|
926 sqft
|
|
Condo |
|
Level 13
|
RM510,000
|
RM551
|
926 sqft
|
|
Condo |
|
Level 16
|
RM540,000
|
RM583
|
926 sqft
|
|
Condo |
|
Level 17
|
RM770,000
|
RM601
|
1,281 sqft
|
|
Condo |
|
Level 18
|
RM670,000
|
RM523
|
1,281 sqft
|
|
Condo |
|
Level 16
|
RM535,000
|
RM578
|
926 sqft
|
|
Condo |
|
Level 8
|
RM488,000
|
RM527
|
926 sqft
|
|
Condo |
|
Level 10
|
RM520,000
|
RM562
|
926 sqft
|
|
Condo |
|
Level 2
|
RM505,000
|
RM539
|
936 sqft
|
|
Condo |
|
Level 9
|
RM520,000
|
RM562
|
926 sqft
|
|
Condo |
|
Level 16
|
RM548,000
|
RM592
|
926 sqft
|
|
Condo |
|
Level 15
|
RM488,000
|
RM527
|
926 sqft
|
|
Condo |
|
Level 21
|
RM500,000
|
RM540
|
926 sqft
|
|
Condo |
Selling in The Spring? Homes here sold for a median of RM515,000.
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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
ResidentialRM515,000
RM548 psfMedian transaction price
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Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia
MapsThe Spring in Timur Laut, Penang recorded 14 subsale transactions in 2024, with a median price of RM515K and a median price per square foot (PSF) of RM548.
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 RM515K, with most transactions falling within a stable range of RM488K to RM592K, and a typical market range of RM488K to RM559K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM548, with most transactions between RM524 and RM573. The usual range is RM522.73 to RM573.73, 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. Limited transaction history suggests carefully evaluating comparable sales data.