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
|
RM 2,500,000
|
RM 383
|
6,523 sqft
|
|
|
|
Jalan Perniagaan Vorteks 4
|
RM 2,750,000
|
RM 422
|
6,523 sqft
|
|
|
|
Jalan Perniagaan Vorteks 4
|
RM 2,900,000
|
RM 445
|
6,523 sqft
|
|
|
|
Jalan Perniagaan Vorteks 4
|
RM 2,650,000
|
RM 406
|
6,523 sqft
|
|
|
|
Jalan Perniagaan Vorteks 5
|
RM 2,200,000
|
RM 337
|
6,523 sqft
|
|
|
|
Jalan Perniagaan Vorteks 5
|
RM 2,580,000
|
RM 396
|
6,523 sqft
|
|
|
|
Jalan Perusahaan Ringan Juru 5
|
RM 2,365,000
|
RM 363
|
6,523 sqft
|
|
|
Jalan Perniagaan Vorteks 5
|
RM 2,950,000
|
RM 426
|
6,921 sqft
|
|
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Market Snapshot
CommercialRM 2,615,000
RM 401 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 8 Semi-D Factory properties subsale transactions between 2021 and 2026, 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 374.39 to RM 427.39, 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.