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VORTEX BUSINESS PARK

Seberang Perai Selatan, Pulau Pinang · Commercial · 20 recorded sales, Nov 2021 to Sep 2024

No sale recorded since Sep 20244 - 4 1/2 Storey Shop · 12Semi-Detached Factory/Warehouse · 8
RM 461psf median, against main floor area · 20 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 427 – 514 psf
Median price
RM 2,739,000
Price range
RM 1.60m – RM 3.20m
Main floor area
1,556 – 6,430 sq ft
Land area
3,660 – 10,495 sq ft
Median price per sq ft of land
RM 410

Median of 20 sales that carry a usable area, out of 20 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 6,523 sq ft against 4,664. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Sep 2024. Last on record: 20 Sep 2024.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20213 · RM 613 psf
20227 · RM 444 psf
20235 · RM 472 psf
20245 · RM 451 psf

Quarterly medians · not a price trend

2151,2342,2532021 Q4 — RM 613 psf, 3 sales2022 Q1 — RM 444 psf, 3 sales2022 Q3 — RM 424 psf, 3 sales2022 Q4 — RM 2,056 psf, 1 sale2023 Q1 — RM 507 psf, 1 sale2023 Q2 — RM 437 psf, 2 sales2023 Q3 — RM 483 psf, 2 sales2024 Q1 — RM 412 psf, 1 sale2024 Q2 — RM 439 psf, 2 sales2024 Q3 — RM 497 psf, 2 sales
2021 Q42024 Q3
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Pulau Pinang long or clean enough to state a direction, so this page states none.

Distribution · 20 priced sales

RM 359–441 psf — 6 salesRM 441–524 psf — 9 salesRM 524–606 psf — 1 saleRM 606–688 psf — 3 salesRM 688–770 psf — 0 salesRM 770–852 psf — 0 salesRM 852–934 psf — 0 salesRM 934–1,016 psf — 0 salesRM 1,016–1,098 psf — 0 salesRM 1,098–1,180 psf — 0 salesRM 1,180–1,262 psf — 0 salesRM 1,262–1,344 psf — 0 salesRM 1,344–1,426 psf — 0 salesRM 1,426–1,508 psf — 1 sale
RM 359RM 1,508 psf

Each bar counts sales in a RM 82 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 20 of 20

DateTypeArea (sq ft)PricepsfTenure
20 Sep 2024Semi-Detached Factory/Warehouse6,430RM 2,950,000459Freehold
2 Aug 2024Semi-Detached Factory/Warehouse4,664RM 2,500,000536Freehold
10 Jun 2024Semi-Detached Factory/Warehouse6,430RM 2,900,000451Freehold
10 Jun 2024Semi-Detached Factory/Warehouse6,430RM 2,750,000428Freehold
6 Mar 2024Semi-Detached Factory/Warehouse6,430RM 2,650,000412Freehold
15 Aug 20234 - 4 1/2 Storey Shop4,664RM 2,200,000472Freehold
14 Jul 20234 - 4 1/2 Storey Shop4,664RM 2,300,000493Freehold
17 Apr 2023Semi-Detached Factory/Warehouse6,430RM 2,580,000401Freehold
6 Apr 2023Semi-Detached Factory/Warehouse4,664RM 2,200,000472Freehold
24 Feb 2023Semi-Detached Factory/Warehouse4,664RM 2,365,000507Freehold
22 Dec 20224 - 4 1/2 Storey Shop1,556RM 3,200,0002,056Freehold
17 Aug 20224 - 4 1/2 Storey Shop4,664RM 1,600,000343Freehold
10 Aug 20224 - 4 1/2 Storey Shop4,664RM 2,827,000606Freehold
6 Jul 20224 - 4 1/2 Storey Shop6,430RM 2,728,000424Freehold
15 Feb 20224 - 4 1/2 Storey Shop6,430RM 2,854,000444Freehold
14 Feb 20224 - 4 1/2 Storey Shop4,664RM 1,800,000386Freehold
11 Jan 20224 - 4 1/2 Storey Shop6,430RM 2,984,000464Freehold
15 Dec 20214 - 4 1/2 Storey Shop6,430RM 2,875,000447Freehold
12 Nov 20214 - 4 1/2 Storey Shop4,664RM 2,863,000614Freehold
12 Nov 20214 - 4 1/2 Storey Shop4,664RM 2,858,000613Freehold

Others in Seberang Perai Selatan · commercial

VERVEA
RM 438 psf · 35 sales
BANDAR NIBONG TEBAL
RM 229 psf · 26 sales
TMN FAJAR
RM 195 psf · 24 sales
TAMAN NURI
RM 113 psf · 19 sales
TAMAN TANGLING INDAH
RM 304 psf · 12 sales
PUSAT PERNIAGAAN STAR AVENUE
RM 472 psf · 11 sales
KAW P'GAAN SIMPANG EMPAT
RM 179 psf · 6 sales
PEKAN SUNGAI BAKAP
RM 190 psf · 6 sales

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.