THE SPRING

THE SPRING in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 628K and a median price per square foot (PSF) of RM 519.

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 628K, with most transactions falling within a stable range of RM 593K to RM 663K, and a typical market range of RM 584K to RM 671K.

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

For price per square foot, the median is RM 519, with most transactions between RM 496 and RM 542. The usual range is RM 493.00 to RM 544.00, 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. Limited transaction history suggests carefully evaluating comparable sales data.