MBF Tower Georgetown
Discover the newest homes, pricing, and best prices for MBF Tower in Georgetown.Whether you’re looking to buy, rent, or put your home on the market, receive professional advice now.
Property Overview
MBF Tower in Georgetown is a prominent commercial skyscraper offering a blend of sophistication and functionality in the heart of Penang’s bustling business district. This iconic high-rise is known for its modern architectural design and premium office spaces, ideal for corporations seeking a prestigious address. The tower features state-of-the-art facilities, including high-speed elevators, 24-hour security, and spacious meeting rooms.
Key amenities include a dedicated parking area, an on-site café, and access to a fitness center, ensuring a convenient and comfortable working environment. Positioned strategically, MBF Tower is surrounded by an array of dining options, retail shops, and essential services. It’s just minutes away from major transport links, enhancing connectivity across Georgetown.
The estimated price range for purchasing office space in MBF Tower starts from MYR 1,500 per square foot, while rental prices typically range between MYR 4 to MYR 6 per square foot per month, offering competitive rates for businesses aiming to establish their presence in this prime location.
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Why Should You Choose MBF Tower, Georgetown
Transport & Connectivity
– Penang International Airport: Approximately 18 km, offers domestic and international flights.
– Georgetown Bus Terminal: Central hub for local and longer-distance buses, located within the city.
– Ferry Terminal: Approximately 2 km from the city center, connects the island to the mainland.
Shopping & Dining
– Gurney Plaza: About 4 km, provides a variety of retail stores and dining options.
– Little India: Around 1 km, famous for authentic Indian cuisine and cultural goods.
– Chowrasta Market: Approximately 1 km, traditional market offering local produce and snacks.
Healthcare
– Penang General Hospital: Located about 2 km from the city center, major public healthcare facility.
– Island Hospital: Approximately 3 km, known for specialist medical services.
– Adventist Hospital: Nearly 4 km away, recognized for excellent patient care.
Education
– Universiti Sains Malaysia (USM): Roughly 10 km, premier institution for higher education.
– Penang Chinese Girls’ High School: About 3 km, reputable secondary education school.
– St. Xavier’s Institution: Within 1 km, known for its long history and academic excellence.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your budget, preferred location, and specific needs. We also negotiate on your{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.} {For most property purchases, our service is free for buyers as we earn commission from the seller. We provide professional guidance at zero cost to you.} behalf and guide you through the property purchase journey
It depends on your priorities. Brand new properties often come with developer perks like rebates and flexible payment plans, but they require a waiting period before handover. Resale properties are available immediately, 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/KWSP record/bank statements), and a loan approval (if needed) to expedite the process.
Aside from the initial deposit (usually 10%), you’ll need to consider government charges, legal fees, bank processing charges, and valuation charges.
Yes! We analyze the property trends, review past transactions, and negotiate with the property owner to get you the best deal.
We filter listings that match your price range and preferences, schedule viewings, and negotiate rental terms with the property owner to secure 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 lease term.}
Typically, you will need your IC or passport, recent payslips, and proof of income like a bank statement or employment letter. Additional documents may be required depending on the landlord’s preferences.
The usual deposit required is 2 months’ security, 1 month’s rent in advance, and a utility deposit.
Typically, if you terminate your tenancy early, you may lose your deposit unless you find a new tenant to take over.