The Spring

Lebuh Sungai Pinang 2, Sungai Pinang, Penang

About this project

The Spring is a high-rise condominium located in the developing township of Sungai Pinang in Penang. The Spring consists of a 23-storey condominium tower with a total of 396 units. Each unit comes with two parking bays. Facilities available at The Spring are covered parking, tennis court, BBQ area, clubhouse, gymnasium, Sauna, playground, basketball court and 24-hour security. Amenities in the vicinity include a hypermarket, banks, a wet market, schools and the ferry terminal. This project is easily accessible via Jelutong Express Highway.
Property Type
Condominium/Apartment
No of block
1
No of storey
23
Total Units
396
Completion Year
2008
Beds
3 - 3 bedrooms
Built up
646 sqft - 1292 sqft
Tenure
Freehold
Land Area
4.77
Transacted Price
RM 230,850 - RM 900,000
Asking Price (Sale)
RM 538,000 - RM 800,000
Asking Price (Rent)
RM 1,600 - RM 2,100
Developer name
IJM Land Sdn Bhd

Facilities & Amenities

  • done
    24-hour Security
  • done
    Car Park
  • done
    Basketball Court
  • done
    Tennis Court
  • done
    Sauna
  • done
    Fitness Centre
  • done
    BBQ Area
  • done
    Others

Location

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Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Profitability

Profitable Transactions (Limited to 5 Total of 16 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
21 May 0831 Dec 211,238 ft²517297294,2004.6
11 Feb 1107 Oct 21926 ft²627367240,0005.1
23 May 0802 Oct 21936 ft²619285316,0006.1
26 Mar 1408 Oct 20947 ft²5865875,0000.1
05 Apr 1203 Sep 19926 ft²583421150,0004.5

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 11 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 2 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
31 Mar 1726 Sep 19926 ft²518529-10000-
14 May 1408 Jul 14936 ft²582598-15000-16.5

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.

Affordability

  • Down Payment (10%)RM 0
  • Loan Amount (%)RM 0
  • Tenure Years0 Years
  • Interest Rate0%
  • Loan Amount 90%
  • Down Payment 10%
Monthly Installment

RM 0±

Mortgage Provided by Hong Leong Bank

Maintenance Fees

RM 0 ±

RM 0 psf (0 sq ft)

Total Monthly Expenses

RM 0±

Disclaimer

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