Eco Spring, Austin

Eco Spring (also known as EcoSpring) is a freehold mixed housing estate located in Austin, Johor Bahru. It comprises Bradford Residences, Chester Residences, Dover Residences, Eco Palladium and Kent Residences. There are 460 houses available at this project with built-up from 2,360 sf to 3,680 sf for houses and 1,539 sf for shop-offices. 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 81 property projects in Malaysia. Other similar projects by the same developer are Eco Summer, Eco Tropics, Mangga and Rambai.

Property Type
Mixed Housing Estate
Land Tenure
Freehold
Built-up
2,360 sf - 3,680 sf (House)
1,539 sf (Shop-Office)
Market Price
RM1,160,000 - RM1,730,000 (House)
Density
460 Landed Houses
Completed In
2017
Launch Price
RM440 psf (House)

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 RM1,160,000 to RM1,730,000 (about RM490 psf) for houses; while the monthly rentals are from RM2,900 to RM5,500 (about RM1.27 psf) for houses and RM7,000 (about RM4.55 psf) for shop-offices. The highest median price psf ever recorded was RM506 psf in Q1 2018 (House); while the lowest one was RM440 psf in Q1 2015 (House).

The current rental yield of Eco Spring is 3.11% for houses. The highest rental yield ever recorded was 4.07% in Q3 2018 (House); while the lowest one was 3.11% in Q2 2019 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size combination at Eco Spring for houses is 4-bedroom / 2,360 sf with a median price of RM490 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 / 3,680 sf with a median price of RM470 psf.

Shop-Office Layouts

Lastly, the most popular layout and size combination at Eco Spring for shop-offices is 1,539 sf with a median rental of RM4.55 psf. For rental wise, the most expensive one is 1,539 sf with a median rental of RM4.55 psf; while the cheapest one is 1,539 sf with a median rental of RM4.55 psf.

Latest Eco Spring for sale listings:

DateTypeBuilt-upPrice
15-Aug-19House2,860 sfRM1,300,000
15-Aug-19House-NA-RM1,150,000
15-Aug-19House2,860 sfRM1,700,000
11-Jul-19Semi-Detached3,690 sfRM1,600,000
11-Jul-19House3,150 sfRM1,530,000
11-Jul-19House2,860 sfRM1,300,000
11-Jul-19House3,150 sfRM1,550,000
11-Jul-19House2,860 sfRM1,300,000
11-Jul-19House2,360 sfRM1,150,000
11-Jul-19Semi-Detached3,680 sfRM1,600,000

Latest Eco Spring for rent listings:

DateTypeBuilt-upRental
03-Aug-19Shop-Office2,519 sfRM4,500
03-Aug-19Shop-Office3,282 sfRM7,000
02-Aug-19Shop-Office1,680 sfRM5,000
02-Aug-19Shop-Office1,539 sfRM3,800
02-Aug-19Shop-Office1,539 sfRM3,800
01-Aug-19Terrace1,210 sfRM2,900
05-Jul-19House3,120 sfRM3,400
10-Jun-19Shop-Office3,283 sfRM11,000
10-Jun-19Shop-Office1,980 sfRM4,500
08-Jun-19House2,360 sfRM3,000

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