Eco Spring, Austin
Eco Spring (also known as EcoSpring) is a freehold mixed housing estate located in Austin, Johor Bahru. It comprises Eco Palladium and Eco Summer. There are 460 houses available at this project with built-up from 1,875 sf to 2,860 sf for houses. It was developed by Eco World Development Bhd (fka Focal Aims) with a launch price at about RM440 psf for houses, and was completed in around 2017.
Eco World Development Bhd (fka Focal Aims) is a gigantic property developer listed on Bursa Malaysia, and it has built about 43 property projects in Malaysia. Other similar projects by the same developer are Eco Majestic, Eco Summer, Mangga and Rambai.
This mixed housing estate is not very ideal for own stay or investment, as it has no amenities around.
The current market prices for Eco Spring are from RM690,000 to RM1,400,000 (about RM450 psf) for houses; while the monthly rentals are from RMHouse:1800 to RMHouse:2200 (about RMHouse:1.19 psf). The highest median price psf ever recorded was RM444 psf in Q4 2018 (House); while the lowest one was RM381 psf in Q3 2017 (House).
The current rental yield of Eco Spring is 2.51% for houses. The highest rental yield ever recorded was 3.04% in Q4 2017 (House); while the lowest one was 2.51% in Q4 2018 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Eco Spring for houses is 4-bedroom / 2,360 sf with a median price of RM450 psf. For price wise, the most expensive one is 4-bedroom / 2,860 sf with a median price of RM490 psf; while the cheapest one is 4-bedroom / 1,950 sf with a median price of RM360 psf.
Latest Eco Spring for sale listings:
Latest Eco Spring for rent listings: