6 Houses for Sale at Springs Ville (Segemal Indah), Butterworth, Penang
Springs Ville is a freehold condominium development project that is located in the area of Butterworth in Penang. It is located at Bagan Lalang, Penang. The development project was completed very recently in the year of 2018 and it was developed by CNH Group Sdn Bhd. CNH Group Sdn Bhd is formerly known as Cheng Wah Holdings Sdn Bhd. CNH Group Sdn Bhd was founded by the current managing director, Mr Yap Cheng Hwa in the 1990s. The business was started in the field of construction and civil engineering incepting CNH Construction (M) Sdn Bhd in 1995. Fast forward to the year 2001, the company set its track, diversifying into the market as a property developer. The Springs Ville condominium development project was designed to bring a luxurious lifestyle to the middle class families. It is a suitable place for family living as it is highly accessible and close to a lot of amenities. It is highly recommended for the residents of Springs Ville to have their own vehicle due to the lack of nearby public transports. As mentioned above, the Springs Ville condominium development project has high accessibility. Despite having a lack of public transports, Springs Ville is situated in a strategic location where it is very convenient for vehicle owners. Springs Ville is located directly opposite Taman Segemal, just 3 minutes of driving distance to reach the Butterworth Outer Ring Road. Also, it would only take 5 minutes to enter into the Nouth-South Highway. The Penang Sentral is also only 10 minutes away for those who needs to take the bus, train of ferry. Last but not least, it will only take 15 minutes of driving to get to the Penang Bridge if the residents want to go over to the Penang Island. There are a few schools located within the vicinity of Springs Ville, making it suitable for growing families and some those schools include Sekolah Menengah Kebangsaan Bagan Jaya and Chung Ling Butterworth High School. Other educational amenities around the area include Kidz Houz Preschool, Kindergarten Champion Excellent, Pusat Seni Kreatif, Melody Kindyland Raja Uda and many more. There are also medical amenities located nearby and those medical amenities include Kedai Ubat Weng Hoe Tong, Pinnikle and LLK Chemical Analysis Consultancy Sdn Bhd. For recreation, there is a number of parks located near to Springs Ville and those parks include Delink Taman Segar Jaya, Ronald Cycling Park, Taman Segar and Taman Mekar. Apart from this, there is a lot of eateries located within close proximity of Springs Ville and those eateries include Restoran Kheng Sheng, Ruman Asap Kenyalang Café, V Garden Café, Old House Restaurant, Bojio 101 Burger and many more. Residents can drive to Sunway Carnival Mall, which is located 10 minutes away, to the upcoming Northern Region’s Largest Megamall, which is 15 minutes away, or use the Penang Bridge, which is located 15 minutes away to locate more amenities on the island. Springs Ville offers condominium facilities to its residents and those facilities include 24 hours security, swimming pool, wading pool, outdoor gymnasium, gymnasium room, children’s playground, BBQ area and a multi-purpose hall. The Springs Ville condominium development project has a total of 108 units, spread across 12 floors. There are 3 different unit layouts which are Type A, Type B and Type C. The built-up size for Type A is from 1,507 sqft, making it the largest among the 3. The built-up size for Type B is from 1,367 sqft and the built-up size for Type C is from 1,173 sqft, making Type C the smallest. All unit consists of 3 bedrooms and 2 baths. The selling price for each unit ranges from RM450K to RM650K with RM329 to RM431 per sqft. Other nearby projects include Woodsbury Suites @ Harbour Place, Ocean View Residences @ Harbour Place, Wellesley Residences @ Harbour Place, Sea View Tower @ Harbour Place and Park View Tower @ Harbour Place.
DeveloperCNH Group Sdn Bhd
Explore iProperty
Springs Ville (Segemal Indah) is a freehold condominium in Butterworth, Penang. There are currently 5 listing(s) available for sale on iProperty Malaysia. The listings start from RM600K for units with 1,500 sqft.
You can search for other projects within Butterworth such as Taman Meranti (Taman Sri Ceraya), The Park @ Mak Mandin, and The Residence @ Taman Cengkeh Indah. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
The iProperty Take on Buying Springs Ville (Segemal Indah)
Over the last 30 days, 100% of property searches in Taman Segemal were directed at Springs Ville (Segemal Indah). There are currently 6 total units available for sale at the project. Asking prices for 4-Bedroom units are slightly below the Taman Segemal average. The 3-Bedroom configuration is well above the township average, with just 2 of the 6 units currently listed, a reflection of its rarity rather than a shift in the wider market.
Developer & Launch
Springs Ville (Segemal Indah) is a Condominium project by CNH Group Sdn Bhd located in Taman Segemal. The development reached completion in 2018.
This Freehold property consists of 108 units within 1 building that stands 12 floors high. Unit configurations include Type A with 3 bedrooms and 2 bathrooms at 1507 sq ft, Type B with 3 bedrooms and 2 bathrooms at 1367 sq ft, and Type C with 3 bedrooms and 2 bathrooms at 1173 sq ft.
Top Amenities & Facilities at Springs Ville (Segemal Indah)
Springs Ville (Segemal Indah) provides a selection of essential facilities designed to support the daily routines and recreational needs of its residents. These amenities offer spaces for physical activity and social gatherings within the community.
- Swimming pool
- Playground
- BBQ
- Gym
- Multi-purpose hall
Pricing by Unit Type
- 3-Bedroom
- Average asking price: RM 562K
- Asking PSF: RM 411 psf
- vs. Taman Segemal avg. PSF: RM 352 psf (16.79% above average)
- Positioning: Premium, scarce.
- Listings: 2
- 4-Bedroom
- Average asking price: RM 617K
- Asking PSF: RM 411 psf
- vs. Taman Segemal avg. PSF: RM 453 psf (9.38% below average)
- Positioning: Fair value.
- Listings: 4
Neighbourhood at a Glance
Springs Ville (Segemal Indah) is located within Taman Segemal, providing buyers with verified proximity to local education and retail services. The area features a variety of essential amenities situated within walking distance of the property.
- TRANSPORT: Jalan Ong Yi How Bus Stop, 1.1 km (13 minutes walking distance)
- HEALTHCARE: Klinik Desa Sungai Puyu, 842 m (10 minutes walking distance)
- RETAIL: Tatt Giap Hardware, 765 m (9 minutes walking distance)
- EDUCATION: Chung Ling Butterworth High School, 850 m (10 minutes walking distance)
- FOOD & BEVERAGE: Ong Cheng Huat Seafood, 586 m (7 minutes walking distance)
- CONVENIENCE STORE: 88 Minimart, 460 m (6 minutes walking distance)
Past Transaction & Price Insights
Springs Ville (Segemal Indah) recorded historical transactions from 2023 to 2025 with a median price of RM392 PSF. The typical range for these transactions was between RM370 PSF and RM422 PSF.
A 3-bedroom Type A unit of 1,507 sqft sold for RM550,000 (RM365 PSF) in September 2023. The project saw a price rise of 11.7% during the observed period.
Who It's For
Value-Conscious Buyers & Investors
This project accounted for 100% of property searches in Taman Segemal over the last 30 days, demonstrating significant market validation. The 4-Bedroom unit, which makes up most of the current listings, is priced slightly below the Taman Segemal average to offer value without an outsized premium.
Ready to Make Your Move?
6 homes are currently for sale at Springs Ville (Segemal Indah), starting from RM505,000. See what's currently on the market and compare layouts side by side.
This copy was published on 25 September 2026.





