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 2,858,000
|
RM 613
|
4,661 sqft
|
|
|
|
Jalan Perniagaan Vorteks 5
|
RM 2,863,000
|
RM 614
|
4,661 sqft
|
|
|
Jalan Perniagaan Vorteks 5
|
RM 2,875,000
|
RM 447
|
6,426 sqft
|
|
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Market Snapshot
CommercialRM 2,863,000
RM 613 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 3 subsale transactions in 2021, with a median price of RM 2.86 million and a median price per square foot (PSF) of RM 613.
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 2.86 million, with most transactions falling within a stable range of RM 2.86 million to RM 2.87 million, and a typical market range of RM 2.86 million to RM 2.88 million.
Most transactions involved 4 - 4 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 613, with core pricing between RM 535 and RM 692. Market pricing typically extends from RM 586.70 to RM 639.70, reflecting moderate variation in unit pricing. With an IQR of RM 53.00 and MAD of RM 78, 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.