The Spring, Bandar Sri Pinang
The Spring is a freehold condominium located in Bandar Sri Pinang, Jelutong. There are 396 units available at this project with built-up from 925 sf to 1,281 sf. It was developed by IJM Land Bhd with a launch price at about RM240 psf, and was completed in around 2009.
IJM Land Bhd is a very big-scale property developer listed on Bursa Malaysia, and it has built about 178 property projects in Malaysia. Other similar projects by the same developer are Bayswater, D'Ambience Residences, Kalista Residence, Monte Bayu, Riana Green, Summer Place, Suriamas Suites, The Epic Residences, The Light Collection 2 and Vertiq.
The only amenities nearby this condominium are schools. Some of the schools here include Akidz Schooling Community, Cambridge International School, SK Jelutong and Wesley Methodist School Penang (International).
The current rental yield of The Spring is around 2.96%, compared to 2.56% 2 years ago in Q4 2021. The highest rental yield ever recorded was 3.69% in Q2 2020; while the lowest one was 2.25% in Q1 2015. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at The Spring is 3-bedroom / 925 sf with a median price of RM590 psf. For price wise, the most expensive one is 4-bedroom / 1,162 sf with a median price of RM590 psf; while the cheapest one is 4-bedroom / 1,238 sf with a median price of RM570 psf.
Latest The Spring sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 10 Mar 2022 | Condominium | 936 sf | RM510,000 |
| 26 Jan 2022 | Condominium | 1,270 sf | RM730,000 |
| 24 Jan 2022 | Condominium | 936 sf | RM525,000 |
| 22 Jan 2022 | Condominium | 925 sf | RM550,000 |
| 22 Jan 2022 | Condominium | 925 sf | RM525,000 |
| 22 Jan 2022 | Condominium | 925 sf | RM590,000 |
| 22 Jan 2022 | Condominium | 925 sf | RM590,000 |
| 17 Jan 2022 | Condominium | 1,281 sf | RM730,000 |
| 16 Jan 2022 | Condominium | 925 sf | RM590,000 |
| 12 Jan 2022 | Condominium | 936 sf | RM538,000 |
Latest The Spring rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 22 Jan 2022 | Condominium | 1,169 sf | RM1,600 |
| 21 Jan 2022 | Condominium | 1,169 sf | RM1,600 |
| 17 Jan 2022 | Condominium | 950 sf | RM1,500 |
| 15 Jan 2022 | Condominium | 1,238 sf | RM1,600 |
| 13 Jan 2022 | Condominium | 1,169 sf | RM1,600 |
| 13 Jan 2022 | Condominium | 925 sf | RM1,500 |
| 13 Jan 2022 | Condominium | 1,281 sf | RM1,800 |
| 30 Dec 2021 | Condominium | 1,281 sf | RM1,550 |
| 30 Dec 2021 | Condominium | 1,169 sf | RM1,600 |
| 30 Dec 2021 | Condominium | 947 sf | RM1,800 |