LIST

Penang, Timur Laut, Georgetown

THE SPRING

Area Intelligence
2024
Median Price
RM 515,000
PSF: RM 549
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Residential PSF Trends

Median Price

RM 515,000

PSF: RM 549

THE SPRING in Timur Laut, Penang recorded 14 subsale transactions in 2024, with a median price of RM 515K and a median price per square foot (PSF) of RM 549.

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 515K, with most transactions falling within a stable range of RM 509K to RM 500K, and a typical market range of RM 488K to RM 500K.

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

For price per square foot, the median is RM 549, with most transactions between RM 542 and RM 555. The usual range is RM 523.00 to RM 574.00, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 7, 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.

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THE SPRING, Timur Laut, Penang

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Transactions

4 transactions grouped by size

View Type

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Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
950 sqft
Condo/Apartment
RM 500,000
Level 19
926 sqft · RM 540 PSF
RM 488,000
Level 8
926 sqft · RM 527 PSF
RM 488,000
Level 15
926 sqft · RM 527 PSF
RM 500,000
Level 21
926 sqft · RM 540 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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