LIST

Penang, Seberang Perai Selatan, 14

VORTEX BUSINESS PARK

Area Intelligence
2022
Median Price
RM 2,827,000
PSF: RM 406
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Commercial PSF Trends

Median Price

RM 2,827,000

RM 406 PSF

VORTEX BUSINESS PARK in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2022, with a median price of RM 2.83 million and a median price per square foot (PSF) of RM 406.

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 2.83 million, with most transactions falling within a stable range of RM 2.26 million to RM 3.20 million, and a typical market range of RM 2.57 million to RM 3.09 million.

Most transactions involved 4 - 4 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 406, with core pricing between RM 360 and RM 452. Market pricing typically extends from RM 379.50 to RM 432.50, reflecting moderate variation in unit pricing. With an IQR of RM 53.00 and MAD of RM 46, 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.

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VORTEX BUSINESS PARK, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

7 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
4,300 sqft
4-Storey Shop
RM 1,600,000
JALAN PERNIAGAAN VORTEKS 4
4,316 sqft · RM 371 PSF
RM 1,800,000
JALAN PERNIAGAAN VORTEKS 4
4,316 sqft · RM 417 PSF
6,500 sqft
4-Storey Shop
RM 2,827,000
JALAN PERNIAGAAN VORTEKS 5
6,523 sqft · RM 433 PSF
6,700 sqft
4-Storey Shop
RM 2,728,000
JALAN PERNIAGAAN VORTEKS 5
6,717 sqft · RM 406 PSF
6,750 sqft
4-Storey Shop
RM 2,854,000
JALAN PERNIAGAAN VORTEKS 5
6,771 sqft · RM 422 PSF
9,050 sqft
4-Storey Shop
RM 2,984,000
JALAN PERNIAGAAN VORTEKS 5
9,042 sqft · RM 330 PSF
10,500 sqft
4-Storey Shop
RM 3,200,000
JALAN PERNIAGAAN VORTEKS 5
10,495 sqft · RM 305 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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