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
| Price | PSF | Size | Date | Type |
|---|
|
RM 2,950,000
|
RM 426
|
6,921 sqft
|
|
Semi-D Factory |
|
RM 2,500,000
|
RM 383
|
6,523 sqft
|
|
Semi-D Factory |
|
RM 2,200,000
|
RM 472
|
4,661 sqft
|
|
4-Sty Shop |
|
RM 2,580,000
|
RM 396
|
6,523 sqft
|
|
Semi-D Factory |
|
RM 2,200,000
|
RM 337
|
6,523 sqft
|
|
Semi-D Factory |
|
RM 3,200,000
|
RM 2,050
|
1,561 sqft
|
|
4-Sty Shop |
|
RM 2,750,000
|
RM 422
|
6,523 sqft
|
|
|
|
RM 2,900,000
|
RM 445
|
6,523 sqft
|
|
|
|
RM 2,650,000
|
RM 406
|
6,523 sqft
|
|
|
RM 2,300,000
|
RM 493
|
4,661 sqft
|
|
|
RM 2,365,000
|
RM 363
|
6,523 sqft
|
|
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Market Snapshot
CommercialRM 2,788,500
RM 444 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 18 subsale transactions between 2021 and 2026, priced from RM 2.00 million and above, with a median price of RM 2.79 million and a median price per square foot (PSF) of RM 444.
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 2.79 million, with most transactions falling within a stable range of RM 2.51 million to RM 3.07 million, and a typical market range of RM 2.53 million to RM 3.05 million.
Most transactions involved 4 - 4 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 444, though individual units vary from RM 71 to RM 818 in the core range. The broader market spans RM 417.86 to RM 470.86, indicating diverse property characteristics. A wider spread (IQR: RM 53.00) and deviation (MAD: RM 374) indicate significant PSF variations, likely due to diverse property types or conditions.
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.