MBF Tower Georgetown
Find out the latest listings, prices, and best prices for MBF Tower in Georgetown.If you’re looking to own, rent, or sell, let our experts help here.
Property Overview
MBF Tower, located in the heart of Georgetown, stands as a prominent mixed-use skyscraper that blends modern architectural design with strategic convenience. This iconic building, a notable part of Penang’s skyline, offers both commercial office spaces and residential units.
Property Overview:
MBF Tower boasts a sleek, contemporary façade with high ceilings and expansive windows, providing breathtaking views of the cityscape and the Malacca Strait. Designed for flexibility and comfort, it caters to professionals and urban dwellers seeking a vibrant city lifestyle.
Facilities:
The tower features state-of-the-art facilities including a fully equipped fitness center, a rooftop swimming pool, and 24-hour security services. Residents and tenants can also enjoy ample parking space, high-speed elevators, and a stylish lobby area. Additionally, the building is equipped with advanced communication infrastructure and eco-friendly initiatives to ensure sustainability.
Nearby Amenities:
Strategically situated, MBF Tower offers convenient access to various amenities. Within walking distance, you’ll find gourmet restaurants, chic cafes, shopping outlets, and cultural landmarks such as the Penang State Museum and the historic Blue Mansion. The building is also well-connected by public transport, making commuting around the city effortless.
Price Range:
The estimated price for purchasing a unit at MBF Tower ranges from MYR 600,000 to MYR 2,000,000, depending on the unit size and floor level. Rental prices range between MYR 2,500 and MYR 8,000 per month, offering a competitive rate for its premium location and facilities.
MBF Tower provides an unparalleled urban living and working experience, all within the bustling hub of Georgetown.
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Why Should You Choose MBF Tower, Georgetown
Transport & Connectivity:
– **Penang International Airport**: Approximately 18 km from Georgetown, offering both domestic and international flights.
– **Rapid Penang Bus Service**: Comprehensive bus network with routes connecting various parts of the island to Georgetown.
– **Penang Ferry Terminal**: Approximately 2 km from the city center, providing ferry services to the mainland.
Shopping & Dining:
– **Gurney Plaza**: Located about 4 km from Georgetown, featuring international and local stores as well as dining options.
– **Chowrasta Market**: Only 1 km away, offering local produce, street food, and traditional products.
– **Penang Street Food**: Georgetown is famous for its diverse street food like char kway teow, laksa, and more, easily accessible around the city.
Healthcare:
– **Penang General Hospital**: Approximately 2.5 km from the city center, offering comprehensive medical services.
– **Loh Guan Lye Specialists Centre**: Around 3 km away, providing specialized healthcare services.
– **Island Hospital**: About 4 km from Georgetown, known for its wide range of medical services.
Education:
– **University of Science, Malaysia (USM)**: Located approximately 10 km away, providing diverse undergraduate and postgraduate programs.
– **Penang Free School**: About 3 km from the city center, one of the country’s oldest and most prestigious secondary schools.
– **St. Xavier’s Institution**: Just under 1 km away, known for its quality education and historical significance.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your financial plan, preferred location, and requirements. We also negotiate on your{For most property purchases, our service is free for buyers as we are paid by the seller. We provide professional guidance at zero cost to you.} {For most transactions, our assistance comes at no cost for buyers as we are paid by the seller. We provide expert advice at zero cost to you.} behalf and assist you with the property purchase journey
It depends on your needs. Brand new properties often come with developer perks like cashback deals and flexible payment plans, but they require a waiting period before handover. Sub-sale properties are available immediately, allowing you to see the actual condition before buying. We can help you compare options based on your requirements.
You should have your identification card, salary details (payslip/KWSP record/bank statements), and a loan approval (if needed) to speed up the process.
Aside from the initial deposit (usually 10%), you’ll need to consider stamp duty, legal fees, bank processing charges, and property assessment fees.
Yes! We analyze the market, compare recent sales, and negotiate with the property owner to help you secure the most favorable price.
We search for listings that match your budget and preferences, arrange viewings, and negotiate rental terms with the landlord to finalize the best deal for you.
For rental properties, the tenant typically pays an agency fee, which is equal to one month’s rent, depending on the rental duration.}
Typically, you will need your IC or passport, recent payslips, and proof of income like a bank statement or employment letter. Some landlords may request extra documents, depending on their requirements.
You are generally required to pay a 2-month security deposit, 1-month advance rent, and a utility deposit when renting a property.
Most agreements have a minimum stay period (e.g., 1 year). If you leave early, you may lose your deposit unless you find a replacement tenant.