Vortex Business Park
31, Jalan Perniagaan Vorteks 4, Pusat Perniagaan Vorteks, 14100 Simpang Ampat, Pulau Pinang, Malaysia
31, Jalan Perniagaan Vorteks 4, Pusat Perniagaan Vorteks, 14100 Simpang Ampat, Pulau Pinang, Malaysia
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Vortex Business Park
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM2,739,000
RM410 psfMedian transaction price
31, Jalan Perniagaan Vorteks 4, Pusat Perniagaan Vorteks, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsVortex Business Park in Seberang Perai Selatan, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM2.74 million and a median price per square foot (PSF) of RM410.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM2.74 million, with most transactions falling within a stable range of RM2.55 million to RM2.93 million, and a typical market range of RM2.48 million to RM3.00 million.
Most transactions involved 4 - 4 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM410, with most transactions between RM390 and RM430. The usual range is RM383.00 to RM436.00, showing that most units are priced quite close to each other. With an IQR of RM53.00 and MAD of RM20, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.