The Spring, Bandar Sri Pinang

The Spring is a freehold apartment 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 174 property projects in Malaysia. Other similar projects by the same developer are Bayswater, D'Ambience Residences, Riana Green, Seri Riana Residence, Summer Place, Suriamas Suites, The Epic Residences, The Light Collection 2, The Light Collection 3 and The Light Linear.

Property Type
Apartment
Land Tenure
Freehold
Built-up
925 sf - 1,281 sf
Market Price
RM540,000 - RM760,000
Density
396 Units
Completed In
2009
Developer
Launch Price
About RM240 psf

The only amenities nearby this apartment are schools. Some of the schools here include SJK (C) Beng Teik Cawangan, SK Jelutong, Wesley International Methodist School, Wesley Methodist School Penang (International) and Wesley School.

The current rental yield of The Spring is around 3.56%, compared to 3.49% 2 years ago in Q4 2019. The highest rental yield ever recorded was 4.52% in Q2 2012; 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 combination at The Spring is 3-bedroom / 925 sf with a median price of RM580 psf. For price wise, the most expensive one is 4-bedroom / 1,281 sf with a median price of RM590 psf; while the cheapest one is 3-bedroom / 925 sf with a median price of RM580 psf.

Latest The Spring for sale listings:

DateTypeBuilt-upPrice
20 Feb 2021Condominium935 sfRM638,000
19 Feb 2021Condominium925 sfRM480,000
19 Feb 2021Condominium925 sfRM638,000
19 Feb 2021Condominium925 sfRM530,000
9 Feb 2021Condominium1,283 sfRM730,000
6 Feb 2021Condominium925 sfRM540,000
3 Feb 2021Condominium925 sfRM499,000
1 Feb 2021Condominium1,238 sfRM749,000
1 Feb 2021Condominium925 sfRM638,000
1 Feb 2021Condominium920 sfRM610,000

Latest The Spring for rent listings:

DateTypeBuilt-upRental
27 Feb 2021Condominium925 sfRM1,500
26 Feb 2021Condominium935 sfRM1,500
25 Feb 2021Condominium966 sfRM1,600
25 Feb 2021Condominium1,000 sfRM1,500
25 Feb 2021Condominium1,000 sfRM1,450
24 Feb 2021Condominium925 sfRM1,599
24 Feb 2021Condominium966 sfRM1,600
23 Feb 2021Low-Cost Flat1,280 sfRM2,200
23 Feb 2021Condominium925 sfRM1,600
22 Feb 2021Condominium1,238 sfRM1,600
0 user comments on The Spring