MBF Tower Georgetown
Check out the latest listings, prices, and offers for MBF Tower in Georgetown.If you’re looking to purchase, rent, or sell, receive professional advice today.
Property Overview
MBF Tower is a prominent commercial office building located in the heart of Georgetown, Penang. With its modern architectural design and strategic positioning, the tower offers a prime business address for companies seeking visibility and convenience. The building boasts state-of-the-art facilities, including high-speed elevators, advanced security systems, and ample parking space. Tenants can enjoy an on-site cafeteria and access to meeting and conference rooms.
Located within close proximity to Penang’s financial hub, the MBF Tower is surrounded by a variety of amenities. It is just minutes away from upscale dining options, shopping centers, banks, and major public transport links, providing ease for both employees and visiting clients. The tower also offers stunning views of the city and the waterfront.
The estimated price range for purchasing office spaces in MBF Tower ranges from MYR 500,000 to MYR 1.5 million, depending on the size and floor level. Rental prices typically vary between MYR 3,500 to MYR 10,000 per month, making it an attractive choice for businesses of all sizes looking for a prestigious location in Georgetown.
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Why Should You Choose MBF Tower, Georgetown
Transport & Connectivity:
– Rapid Penang Bus Terminal: Primary hub for local and intercity buses, about 1 km.
– Penang Ferry Terminal: Offers ferry services to Butterworth, approximately 2 km.
– Penang International Airport: Major air travel gateway, around 18 km.
Shopping & Dining:
– Gurney Plaza: Popular shopping mall featuring international and local brands, approximately 4 km.
– Chowrasta Market: Traditional market with local produce and street food, around 1 km.
– New Lane Hawker Centre: Renowned for diverse street food stalls, about 2 km.
Healthcare:
– Penang General Hospital: Main government hospital offering comprehensive medical services, roughly 3 km.
– Island Hospital: Leading private healthcare provider, about 3 km.
– Gleneagles Medical Centre: Offers a wide range of specialized medical services, approximately 4 km.
Education:
– University of Science Malaysia (USM): A leading public research university, located about 10 km.
– St. Xavier’s Institution: Historic school known for high-quality education, approximately 2 km.
– Penang Free School: The oldest school in Southeast Asia, around 5 km.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your financial plan, desired area, and requirements. We also handle negotiations and assist you with the property purchase journey
It depends on your needs. Brand new properties often come with developer perks like rebates and lower upfront costs, but they take time to complete. Sub-sale properties are available immediately, allowing you to see the actual condition before buying. We can help you compare options based on your preferences.
You should have your IC, proof of income (payslip/KWSP record/financial records), and a pre-approved home loan (if needed) to speed up the process.
Aside from the initial deposit (usually 10%), you’ll need to consider stamp duty, lawyer costs, bank processing charges, and valuation charges.
Yes! We analyze the property trends, compare past transactions, and negotiate with the seller to get you the best deal.
We filter listings that fit your budget and requirements, arrange viewings, and discuss 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.
You are generally required to pay a 2-month security deposit, 1-month advance rent, and a utility deposit when renting a property.
If you want to terminate your tenancy early, you could forfeit your deposit unless you arrange for a replacement tenant, as most agreements require a minimum stay.