MBF Tower Georgetown
Check out the most recent available units, prices, and best prices for MBF Tower in Georgetown.If you’re looking to purchase, find a rental, or put your home on the market, let our experts help now.
Property Overview
MBF Tower is a prominent skyscraper located in the heart of Georgetown, Penang. This modern high-rise building offers a blend of commercial and residential spaces, attracting businesses and residents alike. The tower boasts state-of-the-art facilities including a 24-hour security system, high-speed elevators, and ample parking spaces. For leisure and convenience, MBF Tower is equipped with a fitness center, rooftop garden, and a variety of dining options within the building.
Situated in a prime location, MBF Tower provides easy access to a plethora of amenities. Residents and businesses benefit from proximity to shopping malls, such as Gurney Plaza and Penang Times Square, as well as renowned dining establishments and cultural landmarks. Public transportation is easily accessible, ensuring seamless connectivity to the rest of the city.
The estimated price range for properties within MBF Tower varies, with sale prices typically ranging from MYR 1.5 million to MYR 3 million, depending on the unit size and floor level. Rental prices generally range from MYR 4,000 to MYR 10,000 per month, making it an attractive option for professionals and families seeking modern, urban living in 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 Services:** Comprehensive network with multiple routes connecting Georgetown to other parts of Penang.
– **Penang Ferry Terminal:** Around 2 km, providing ferry services between Penang Island and the mainland.
Shopping & Dining:
– **Gurney Plaza:** Located about 5 km away; a popular shopping mall with international and local brands.
– **Penang Street Food:** Within 1 km, known for diverse and authentic Malaysian street food stalls.
– **1st Avenue Mall:** Approximately 1 km, a modern mall with a variety of stores and dining options.
Healthcare:
– **Penang General Hospital:** Situated roughly 3 km away, offering extensive public healthcare services.
– **Island Hospital:** Located about 2.5 km from Georgetown, known for its quality private healthcare services.
– **Loh Guan Lye Specialists Centre:** Approximately 2 km, providing comprehensive specialist services.
Education:
– **Universiti Sains Malaysia (USM):** Around 10 km from Georgetown, a leading public research university.
– **St. Xavier’s Institution:** Approximately 1 km away, one of Penang’s oldest and most prestigious schools.
– **The International School of Penang (Uplands):** Located about 15 km, offering international curriculums for expatriate and local students.
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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 specific needs. We also negotiate on your{For most property purchases, our service is free for buyers as we are paid by the seller. We provide expert advice at zero cost to you.} {For most property purchases, our service is free for buyers as we are paid by the seller. We provide professional guidance at no extra charge to you.} behalf and assist you with the property purchase journey
It depends on your priorities. 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 ready to move in, allowing you to see the actual condition before buying. We can help you weigh the pros and cons based on your preferences.
You should have your IC, salary details (salary slip/EPF statement/bank statements), and a loan approval (if needed) to expedite the process.
Aside from the initial deposit (usually a small percentage), you’ll need to budget for government charges, legal fees, loan agreement fees, and valuation charges.
Yes! We analyze the market, review past transactions, and negotiate with the seller to get you the most favorable price.
We filter listings that fit your price range and requirements, schedule viewings, and negotiate rental terms with the property owner to finalize the best deal for you.
For rental properties, the renter typically pays an service charge, which is equal to one month’s rent, depending on the rental duration.}
For renting, you will need your IC or passport, recent payslips, and possibly an employment letter. You may also need to provide a security deposit and utility deposits. 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.