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The Spring

Lebuh Sungai Pinang 2, 11600 Jelutong, Penang
Condominium
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Developer

Developer of The Spring, IJM Land Berhad
IJM Land Berhad
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Chinese ad 4621 326x150 01

Facilities

Barbecue area
Clubhouse
Covered parking
Gymnasium
Playground
Sauna
Multipurpose hall
Tennis court
Visitor car park area

Property Details

2008 Oct
(Year of Completion)
This project was completed 16 years ago
RM330,000 - RM440,000
From RM575,000
From RM1,300
RM0.20psf
Built Up
925 SQ. FT - 1,281 SQ. FT
Land Title
Residential
Tenure
Leasehold
Total Blocks
1
Total Storeys
22
Total Units
396
Parking
Min. 2

Description

The Spring is a high rise residential development located along the Jelutong Expressway. Neighbouring Ocean View Apartment and Serina Bay, residents will enjoy panoramic views of both the Straits of Malacca and the Penang Bridge due to its specially designed layout.

Emphasising on its Tropical Garden feature, each unit comes with a modern and contemporary design. Also, with their big built-up areas, these homes make for a perfect home. Enjoying its strategic location where The Spring is easy accessible from the Bayan Lepas Free Trade Zone and Georgetown, the selling point of this development is definitely its excellent connectivity.

Also, The Spring is surrounded by a wide range of amenities such as hypermarkets, banks, a wet market and education institutions. With all the conveniences within a stone's throw of home, this development truly makes for a great home.

24-hour
Security
No
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No
Eco Friendly (None)
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Nearby Amenities:

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Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
The Spring Oct 2008 RM500,000 - RM810,000
RM 533 psf - RM 783 psf
RM1,100 - RM1,100 NIL 2.87 %
Grace Residence 2019 RM600,000 - RM1,450,000
RM 504 psf - RM 878 psf
RM1,800 - RM1,800 NIL 2.51 %
The H2O 2016 RM735,000 - RM880,000
RM 443 psf - RM 550 psf
RM1,800 - RM1,800 NIL 2.67 %
The Maritime Feb 2014 RM560,000 - RM1,100,000
RM 666 psf - RM 1,157 psf
RM1,800 - RM1,800 NIL 4.55 %
86 Avenue Residences 2014 RM810,000 - RM810,000
RM 600 psf - RM 611 psf
RM1,350 - RM1,350 NIL 2.7 %
Hexagon Tech Park 2013 From RM288,400 From RM1,540 NIL NIL
Summer Place 2011 RM615,000 - RM1,150,000
RM 607 psf - RM 838 psf
RM650 - RM650 NIL 2.48 %

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 SQ. FT - - RM 494 psf
500 - 1,000 SQ. FT RM 537 psf - -
1,000 - 1,500 SQ. FT RM 618 psf - -
1,500 - 2,500 SQ. FT - - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 466 psf
Non Landed Properties
RM 680 psf
Landed Properties
RM 484 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 33,000
Loan Amount ( 90 %) RM 297,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
RM185 ±
RM 0.2 psf (925 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

Disclaimer

The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.

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