The Spring
Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia
Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 21
|
RM525,000
|
RM554
|
947 sqft
|
|
|
|
Level 19
|
RM580,000
|
RM627
|
926 sqft
|
|
|
|
Level 8
|
RM500,000
|
RM540
|
926 sqft
|
|
Selling in The Spring? Homes here sold for a median of RM552,500.
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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
ResidentialRM552,500
RM547 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 in 2021, with a median price of RM553K and a median price per square foot (PSF) of RM547.
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 RM553K, with most transactions falling within a stable range of RM500K to RM606K, and a typical market range of RM509K to RM596K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM547, with most transactions between RM506 and RM588. The usual range is RM521.69 to RM572.69, showing that most units are priced quite close to each other. With an IQR of RM51.00 and MAD of RM41, 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.