MBF Tower, Georgetown

MBF Tower is a freehold apartment located in Georgetown, Penang.The built-up available at this project is 1,075 sf to 1,200 sf. Other neighbouring projects around here are 1 Persiaran Gurney, 11 Gurney Drive, 7 Arratoon Road, 8 Gurney, Arratoon Court, Aurora Court, Icon Residence, Mansion One, Sri Pangkor and Sri Perdana.

Property Type
Land Tenure
1,075 sf - 1,200 sf
Market Price
RM830,000 - RM850,000
Completed In
Launch Price

This apartment has some amenities nearby, for example hospitals and universities. The following are some main hospitals here:

The current rental yield of MBF Tower is around 3.0%, compared to 4.67% 2 years ago in Q2 2018. The highest rental yield ever recorded was 4.67% in Q2 2018; while the lowest one was 2.79% in Q2 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at MBF Tower is 3-bedroom / 1,200 sf with a median price of RM710 psf. For price wise, the most expensive one is 3-bedroom / 1,100 sf with a median price of RM770 psf; while the cheapest one is 3-bedroom / 1,200 sf with a median price of RM710 psf.

Latest MBF Tower for sale listings:

25 Feb 2020Apartment1,100 sfRM600,000
27 Feb 2020Apartment1,200 sfRM649,000
29 Apr 2020Apartment1,200 sfRM1,200,000
8 Feb 2020Condominium1,075 sfRM950,000
6 Sep 2019Condominium1,150 sfRM796,000

Latest MBF Tower for rent listings:

4 Mar 2020Apartment1,400 sfRM2,000
5 Apr 2020Apartment1,200 sfRM2,500
10 Apr 2020Apartment1,200 sfRM2,200
13 Apr 2020Apartment1,200 sfRM2,000
1 May 2020Apartment1,600 sfRM2,000
5 May 2020Apartment1,200 sfRM2,300
9 May 2020Condominium1,100 sfRM2,000
31 Mar 2020Condominium1,200 sfRM2,000
22 Mar 2020Condominium1,200 sfRM2,700
15 Feb 2020Condominium1,200 sfRM2,200
1 user comments on MBF Tower
Google Reviews
10 Jun 2017 @ 2:00 PM

They simply charge the parking fee without follow the rate and no receipt given. I ask why six dollar cos the rate only 3.
The guard shout at me "who ask you to park here!"
Nonsense !