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
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Perniagaan Vorteks 5
|
RM2,200,000
|
RM472
|
4,661 sqft
|
|
|
|
Jalan Perniagaan Vorteks 3
|
RM2,300,000
|
RM493
|
4,661 sqft
|
|
|
Jalan Perniagaan Vorteks 5
|
RM2,200,000
|
RM337
|
6,523 sqft
|
|
|
|
Jalan Perniagaan Vorteks 5
|
RM2,580,000
|
RM396
|
6,523 sqft
|
|
|
|
Jalan Perusahaan Ringan Juru 5
|
RM2,365,000
|
RM363
|
6,523 sqft
|
|
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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
CommercialRM2,300,000
RM396 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 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.