Vortex Business Park

31, Jalan Perniagaan Vorteks 4, Pusat Perniagaan Vorteks, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

7 subsales grouped by size · 4-Sty Shop →

Median
RM 2,827,000
PSF
RM 444
Price Size
Period
transactions middle 50% (P25–P75)
1,550 sqft
4-Sty Shop
RM 3,200,000
Jalan Perniagaan Vorteks 5
1,561 sqft · RM 2,050 PSF
4,650 sqft
4-Sty Shop
RM 2,827,000
Jalan Perniagaan Vorteks 5
4,661 sqft · RM 607 PSF
RM 1,600,000
Jalan Perniagaan Vorteks 4
4,661 sqft · RM 343 PSF
RM 1,800,000
Jalan Perniagaan Vorteks 4
4,661 sqft · RM 386 PSF
6,450 sqft
4-Sty Shop
RM 2,728,000
Jalan Perniagaan Vorteks 5
6,426 sqft · RM 425 PSF
RM 2,854,000
Jalan Perniagaan Vorteks 5
6,426 sqft · RM 444 PSF
RM 2,984,000
Jalan Perniagaan Vorteks 5
6,426 sqft · RM 464 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 2,827,000

RM 444 psf

Median transaction price

Vortex Business Park
© OpenStreetMap · CARTO

31, Jalan Perniagaan Vorteks 4, Pusat Perniagaan Vorteks, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

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 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 2.83 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.

Price per square foot shows a median of RM 444, though individual units vary from RM 0 to RM 1,011 in the core range. The broader market spans RM 417.63 to RM 470.63, indicating diverse property characteristics. A wider spread (IQR: RM 53.00) and deviation (MAD: RM 567) 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.