The Spring

Lebuh Sungai Pinang 2

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
Total Units
396
Tenure
Freehold
Land Area
4.77 sqft

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

View map

Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Profitability

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.

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 ±

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