LIST

Penang, Timur Laut, Georgetown

THE SPRING

Area Intelligence
2022
Median Price
RM 587,500
PSF: RM 547
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Residential PSF Trends

Median Price

RM 587,500

PSF: RM 547

THE SPRING in Timur Laut, Penang recorded 6 subsale transactions in 2022, with a median price of RM 588K and a median price per square foot (PSF) of RM 547.

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 588K, with most transactions falling within a stable range of RM 561K to RM 614K, and a typical market range of RM 544K to RM 615K.

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

The median PSF stands at RM 547, with core pricing between RM 488 and RM 606. Market pricing typically extends from RM 521.50 to RM 572.50, reflecting moderate variation in unit pricing. With an IQR of RM 51.00 and MAD of RM 59, 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

OSM

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Transactions

6 transactions grouped by size

View Type

Grouped View Individual View

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 575,000
Level 18
936 sqft · RM 614 PSF
RM 535,000
Level 20
926 sqft · RM 578 PSF
RM 570,000
Level 20
936 sqft · RM 609 PSF
1,150 sqft
Condo/Apartment
RM 600,000
Level 5
1,163 sqft · RM 516 PSF
1,300 sqft
Condo/Apartment
RM 615,000
Level 23
1,281 sqft · RM 480 PSF
RM 600,000
Level 13
1,281 sqft · RM 468 PSF

No Properties For Sale

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

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