THE SPRING

THE SPRING in Timur Laut, Penang recorded 31 subsale transactions between 2021 and 2025, with a median price of RM 535K and a median price per square foot (PSF) of RM 546.

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 535K, with most transactions falling within a stable range of RM 500K to RM 570K, and a typical market range of RM 491K to RM 579K.

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

For price per square foot, the median is RM 546, with most transactions between RM 523 and RM 569. The usual range is RM 520.50 to RM 571.50, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 23, 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.