The Spring

  • Property Type
    Condominium/Apartment
  • Tenure
    Freehold
  • Street Name
    Lebuh Sungai Pinang 2
  • District / Planning Area
    Sungai Pinang
  • Completion
    2008
About The Spring

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.

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Profitable Transactions (Limited to 5 Total of 11 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
31 Dec 1220 Feb 18926 ft²61752782,8883.1
18 Oct 1219 Oct 171,238 ft²525420130,0004.6
16 Nov 1230 Aug 16936 ft²59351375,0003.9
16 Apr 1009 May 16926 ft²635332281,00011.3
01 Sep 1015 Sep 15926 ft²635350264,00012.5

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 6 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 1 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
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.

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