VORTEX BUSINESS PARK
Commercial Market
Median Price
RM 2,615,000
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 8 Semi-D Factory properties subsale transactions between 2021 and 2025 for semi-d factory properties, with a median price of RM 2.62 million and a median price per square foot (PSF) of RM 401.
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 2.62 million, with most transactions falling within a stable range of RM 2.37 million to RM 2.86 million, and a typical market range of RM 2.36 million to RM 2.87 million.
Within the Semi-D Factory category, 4 - 4 1/2 storey shop dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 401, with most transactions between RM 368 and RM 434. The usual range is RM 374.50 to RM 427.50, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 33, 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.
Filter by type, year, price, and size
Transactions
8 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JALAN PERNIAGAAN VORTEKS 5
|
RM 2,500,000
|
RM 383.00
|
6,523 sqft
|
Aug 2024
|
|
JALAN PERNIAGAAN VORTEKS 4
|
RM 2,750,000
|
RM 422.00
|
6,523 sqft
|
Jun 2024
|
|
JALAN PERNIAGAAN VORTEKS 4
|
RM 2,900,000
|
RM 445.00
|
6,523 sqft
|
Jun 2024
|
|
JALAN PERNIAGAAN VORTEKS 4
|
RM 2,650,000
|
RM 406.00
|
6,523 sqft
|
Mar 2024
|
|
JALAN PERNIAGAAN VORTEKS 5
|
RM 2,200,000
|
RM 337.00
|
6,523 sqft
|
Apr 2023
|
|
JALAN PERNIAGAAN VORTEKS 5
|
RM 2,580,000
|
RM 396.00
|
6,523 sqft
|
Apr 2023
|
|
JLN PERUSAHAAN RINGAN JURU 5
|
RM 2,365,000
|
RM 363.00
|
6,523 sqft
|
Feb 2023
|
JLN PERNIAGAAN VORTEKS 5
|
RM 2,950,000
|
RM 426.00
|
6,921 sqft
|
Sep 2024
|