The Spring

Condominium
Lebuh Sungai Pinang 2, 11600 Jelutong, Penang
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Developer

IJM Land Berhad
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Developer of The Spring, IJM Land Berhad

Facilities

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

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
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants


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2008 Oct
(Year of Completion)
This project was completed 11 years ago
  • RM 330,000 - RM 440,000
  • From RM 575,000
  • From RM 1,300
  • RM0.20psf
Built Up
925 sq ft - 1,281 sq ft
Land Title
Residential
Tenure
Leasehold
Total Blocks
1
Total Storey
22
Total Units
396
Parking
Min. 2

Nearby Amenities

(CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES)

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Did you know?

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

Property Name Year of Completion Launch Price Ad Selling Price
The Spring Oct 2008 RM 330,000 - RM 440,000 RM 545,000 - RM 810,000
RM 575 psf - RM 743 psf
Straits Garden 2016 From RM 318,000 RM 295,000 - RM 800,000
RM 453 psf - RM 1,030 psf
Artis 3 Dec 2019 RM 200,000 - RM 1,240,000 RM 790,000 - RM 790,000
RM 632 psf - RM 632 psf
Sandiland Foreshore 2020 RM 72,500 - RM 400,000 RM 770,000 - RM 830,000
RM 575 psf - RM 620 psf
13 For Sale in The Spring 21 For Rent in The Spring 25 For Sale in Straits Garden 16 For Rent in Straits Garden 1 For Sale in Artis 3 7 For Sale in Sandiland Foreshore 4 For Rent in Sandiland Foreshore

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 RM 545,000 - RM 810,000
RM 575 psf - RM 743 psf
RM 1,100 - RM 1,100 NIL 2.77 %
Grace Residence 2019 RM 1,450,000 - RM 1,450,000
RM 878 psf - RM 878 psf
NIL NIL NIL
The H2O 2016 RM 800,000 - RM 900,000
RM 500 psf - RM 562 psf
RM 1,500 - RM 1,500 NIL 2.33 %
The Maritime Feb 2014 RM 560,000 - RM 930,000
RM 800 psf - RM 1,016 psf
RM 3,500 - RM 3,500 NIL 6.44 %
86 Avenue Residences 2014 RM 730,000 - RM 810,000
RM 600 psf - RM 710 psf
RM 1,350 - RM 1,350 NIL 2.22 %
Hexagon Tech Park 2013 From RM 288,400 From RM 1,540 NIL NIL
Summer Place 2011 RM 615,000 - RM 1,100,000
RM 607 psf - RM 785 psf
RM 1,450 - RM 1,450 NIL 2.76 %
13 For Sale in The Spring 21 For Rent in The Spring 1 For Sale in Grace Residence 2 For Sale in The H2O 11 For Rent in The H2O 6 For Sale in The Maritime 2 For Rent in The Maritime

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 - - -
500 - 1,000 sq ft - - -
1,000 - 1,500 sq ft RM 666 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 422 psf
Non Landed Properties
RM 680 psf
Landed Properties
RM 500 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
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    RM 185 ±
    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.

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