The Spring

Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia

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Selling in The Spring? Homes here sold for a median of RM535,000.

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Market Snapshot

Residential

RM535,000

RM546 psf

Median transaction price

Low

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The Spring
© OpenStreetMap · CARTO

Lebuh Sungai Pinang 2, George Town, Pulau Pinang, Malaysia

Maps

The Spring in Timur Laut, Penang recorded 0 subsale transactions in 2025, with a median price of RM535K and a median price per square foot (PSF) of RM546.

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 RM535K, with most transactions falling within a stable range of RM500K to RM570K, and a typical market range of RM491K to RM579K.

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

For price per square foot, the median is RM546, with most transactions between RM523 and RM569. The usual range is RM520.50 to RM571.50, showing that most units are priced quite close to each other. With an IQR of RM51.00 and MAD of RM23, 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.