Vortex Business Park

31, Jalan Perniagaan Vorteks 4, Pusat Perniagaan Vorteks, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM2,300,000
PSF
RM396
Price Size
Period
transactions middle 50% (P25–P75)
4,650 sqft
4-Sty Shop
RM2,200,000
Jalan Perniagaan Vorteks 5
4,661 sqft · RM472 PSF
RM2,300,000
Jalan Perniagaan Vorteks 3
4,661 sqft · RM493 PSF
6,500 sqft
Semi-D Factory
RM2,200,000
Jalan Perniagaan Vorteks 5
6,523 sqft · RM337 PSF
RM2,580,000
Jalan Perniagaan Vorteks 5
6,523 sqft · RM396 PSF
RM2,365,000
Jalan Perusahaan Ringan Juru 5
6,523 sqft · RM363 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM2,300,000

RM396 psf

Median transaction price

Vortex Business Park
© OpenStreetMap · CARTO

31, Jalan Perniagaan Vorteks 4, Pusat Perniagaan Vorteks, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Vortex Business Park in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2023, with a median price of RM2.30 million and a median price per square foot (PSF) of RM396.

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 RM2.30 million, with most transactions falling within a stable range of RM2.20 million to RM2.44 million, and a typical market range of RM2.20 million to RM2.56 million.

Most transactions involved 4 - 4 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM396, with core pricing between RM335 and RM456. Market pricing typically extends from RM369.03 to RM422.03, reflecting moderate variation in unit pricing. The spread of RM53.00 (IQR) and deviation of RM61 (MAD) suggest moderate price variations reflecting different property features.

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.