The Spring, Jelutong, Penang

    The Spring is a Leasehold Condominium located in Jelutong, Penang. The building has 23 floors and a total of 396 units. The build-up size is 925 to 1,281 sq ft. This is a Residential Strata property. There are 83 listings for sale and 40 listings for rent in The Spring.

    Facilities at The Spring include Parking, Sauna, 24-hours security, Club house, Playground, Tennis court, BBQ.

    The median transacted price is RM 563 per sq. ft. The Spring has a capital growth of -0.58%. The estimated rental yield is 4.6%.

    Nearby transportation: Sultan Abdul Halim Terminal (Butterworth) (Ferry), Raja Tun Uda Terminal (Georgetown) (Ferry)

    Nearby medical: Peace Medical Centre, Optimax Eye Specialist Hospital (Penang), Hospital Lam Wah Ee, Pure Lotus Hospice Of Compassion, Carl Carrynton Medical Centre

      Price overview of The Spring

      • Price range for sale
        RM 520,000 - RM 730,000
        RM 549.10 - RM 637.84 /sq. ft.
        83 For Sale
      • Price range for rent
        RM 1,398 - RM 2,300
        RM 1.38 - RM 1.92 /sq. ft.
        40 For Rent
      *90% of the properties listed are between this price range
    Property type
    Land title
    Property title type
    Built-up size
    925 to 1,281 sq ft
    No. of floors
    Total units
    Year built

    About The Spring

    The Spring is a leasehold condominium located at Lebuh Sungai Penang 2, Jelutong, Pulau Penang. Pulau Penang is known for being a tourist destination and food heaven among Malaysian states. 

    IJM Land Bhd, the group responsible for developing The Spring, completed this project in 2017. This elegant condominium covers 4.77 acres of land and consists of 23 storey. There are a total of 396 units within this condominium and the built-up size of units range from 925 sq ft to 1,281 sq ft. 

    The Spring consists of a wide array of facilities for the convenience of residents and these facilities include a clubhouse, gymnasium, playground, landscaped garden, nursery, barbeque pit, tennis courts, basketball courts and a covered parking area. There is also round the clock security surveillance to ensure that no danger will befall residents. 

    The food heaven of Penang offers a wide variety of popular Malaysian dishes, including hokkien mee, curry laksa, nasi lemak and fried kuey teow. Residents can feast on these dishes at either Uncle B Kitchen (900m), Sungai Penang Food Court (2km) or Fisherman Wharf Food Corner (3km). Residents can also spend weekends visiting popular tourist destinations such as the serene beaches at Batu Ferringhi (19km), the challenging Escape Theme Park (24km) and the artistic murals in Georgetown (3km). There are also plenty of malls close by for residents to pick up their daily necessities, namely 1st Avenue Mall (2km), Maritime Piazza (600m), Prangin Mall (2km) and Queensbay Mall (8km).  

    The Spring is located adjacent to the Tun Dr Lim Chong Eu Highway. From this highway, residents can easily access the Penang bridge or reach Jalan Sultan Azlan Shah. Thus, travelling to the mainland or throughout Penang Island could never be easier. 

    • The nearest bus stations: Pangsapuri Ocean View, Jalan Sungai Penang
    • The nearest train stations: Butterworth KTM, Bukit Tengah KTM, Bukit Mertajam KTM

    The education system in place at Penang Island is top notch, whereby there are multiple schools scattered throughout the island. Several schools and colleges nearby The Spring include SJK(C) Sum Sun (2km), SRJK(C) Jelutong (2km), SMK Jelutong (3km), SMK Georgetown (4km), MSU College (3km) and KDU Penang University College (3km).  

    Residents can easily seek medical help from Poliklinik Khoo (1km), IM Clinic (2km) or Klinik Harmony (2km). If their medical situation requires better attention, they can consult doctors at Lam Wah Ee Hospital (3km) or Penang General Hospital (3km) instead. 

    Individuals who enjoy feasting on the cheap and delicious food of Penang, while enjoying the modern amenities that this tourist destination has to offer should definitely consider the condominium units at The Spring.

    Updated on 27-June-2022

    Facilities in The Spring

    24-hours security
    Club house
    Tennis court
    Show more

    Photos of The Spring

    Explore the unique features and spaces around the building

    Property market insight for The Spring

    All data based on max of 12 months only – Apr 2021 to Mar 2022

    Median transacted price

    RM 580,000
    4.92% YoY
    Lower: RM 570,000Upper: RM 600,000

    Median transacted price per sq.ft. (psf)

    RM 563/sq. ft.
    0.58% YoY
    Lower: RM 496Upper: RM 620
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