VORTEX BUSINESS PARK
Commercial Market
Median Price
RM 2,739,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
4-Storey Storey Shop
12 properties
Median Price
RM 2,827,000
-11.3% CAGR
Median PSF
RM 418.00
+4.4% CAGR
Semi-D Factory
8 properties
Median Price
RM 2,557,500
+16.3% CAGR
Median PSF
RM 392.50
+16.3% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| 4-Storey Storey Shop | 12 |
RM 2,827,000
±36K MAD
|
-11.35% |
RM 418.00
±12 MAD
|
+4.39% | |
| Semi-D Factory | 8 |
RM 2,557,500
±193K MAD
|
+16.28% |
RM 392.50
±30 MAD
|
+16.25% |
VORTEX BUSINESS PARK in Seberang Perai Selatan, Penang recorded 20 subsale transactions between 2021 and 2025, with a median price of RM 2.74 million and a median price per square foot (PSF) of RM 410.
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 RM 2.74 million, with most transactions falling within a stable range of RM 2.55 million to RM 2.93 million, and a typical market range of RM 2.48 million to RM 3.00 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 RM 410, with most transactions between RM 390 and RM 430. The usual range is RM 383.00 to RM 436.00, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 20, 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. Moderate transaction volume may require patience when buying or selling.
Filter by type, year, price, and size
Transactions
20 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN PERNIAGAAN VORTEKS 5
|
RM 2,200,000
|
RM 601.00
|
3,660 sqft
|
Aug 2023
|
|
JLN PERNIAGAAN VORTEKS 4
|
RM 1,600,000
|
RM 371.00
|
4,316 sqft
|
Aug 2022
|
|
|
JLN PERNIAGAAN VORTEKS 4
|
RM 1,800,000
|
RM 417.00
|
4,316 sqft
|
Feb 2022
|
|
JALAN PERNIAGAAN VORTEKS 5
|
RM 2,500,000
|
RM 383.00
|
6,523 sqft
|
Aug 2024
|
Semi-D Factory |
|
JALAN PERNIAGAAN VORTEKS 4
|
RM 2,750,000
|
RM 422.00
|
6,523 sqft
|
Jun 2024
|
Semi-D Factory |
|
JALAN PERNIAGAAN VORTEKS 4
|
RM 2,900,000
|
RM 445.00
|
6,523 sqft
|
Jun 2024
|
Semi-D Factory |
|
JALAN PERNIAGAAN VORTEKS 4
|
RM 2,650,000
|
RM 406.00
|
6,523 sqft
|
Mar 2024
|
Semi-D Factory |
|
JALAN PERNIAGAAN VORTEKS 5
|
RM 2,200,000
|
RM 337.00
|
6,523 sqft
|
Apr 2023
|
Semi-D Factory |
|
JALAN PERNIAGAAN VORTEKS 5
|
RM 2,580,000
|
RM 396.00
|
6,523 sqft
|
Apr 2023
|
Semi-D Factory |
|
JLN PERUSAHAAN RINGAN JURU 5
|
RM 2,365,000
|
RM 363.00
|
6,523 sqft
|
Feb 2023
|
Semi-D Factory |
|
JALAN PERNIAGAAN VORTEKS 5
|
RM 2,827,000
|
RM 433.00
|
6,523 sqft
|
Aug 2022
|
4-Storey Storey Shop |
|
JLN PERNIAGAAN VORTEKS 5
|
RM 2,728,000
|
RM 406.00
|
6,717 sqft
|
Jul 2022
|
|
JLN PERNIAGAAN VORTEKS 5
|
RM 2,854,000
|
RM 422.00
|
6,771 sqft
|
Feb 2022
|
|
JALAN PERNIAGAAN VORTEKS 5
|
RM 2,858,000
|
RM 420.00
|
6,803 sqft
|
Nov 2021
|
|
JALAN PERNIAGAAN VORTEKS 5
|
RM 2,863,000
|
RM 418.00
|
6,846 sqft
|
Nov 2021
|
|
JLN PERNIAGAAN VORTEKS 5
|
RM 2,950,000
|
RM 426.00
|
6,921 sqft
|
Sep 2024
|
|
JLN PERNIAGAAN VORTEKS 5
|
RM 2,875,000
|
RM 413.00
|
6,953 sqft
|
Dec 2021
|
|
JALAN PERNIAGAAN VORTEKS 3
|
RM 2,300,000
|
RM 310.00
|
7,427 sqft
|
Jul 2023
|
|
JLN PERNIAGAAN VORTEKS 5
|
RM 2,984,000
|
RM 330.00
|
9,042 sqft
|
Jan 2022
|
|
JALAN PERNIAGAAN VORTEKS 5
|
RM 3,200,000
|
RM 305.00
|
10,495 sqft
|
Dec 2022
|