MBF Tower

Condominium
No. 53, Jalan Sultan Ahmad Shah, Penang
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MBF Tower is a tower of residences and offices located in the heart of Penang within the city of Georgetown. It an old development but is well maintained, neighbouring Menara BHL Tower and the Southern Bank. It is located in a very busy area, with the Wawasan Open University located just across the road and Gurney Drive a very short drive away.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants


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1988
(Year of Completion)
This project was completed 31 years ago
  • NIL
  • From RM 680,000
  • From RM 2,200
  • RM0.20psf
Built Up
From 1,200 sq ft
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storey
28
Total Units
NIL
Parking
Min. 1

Nearby Amenities

(CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES)

CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES

Did you know?

Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
MBF Tower 1988 NIL RM 700,000 - RM 850,000
RM 636 psf - RM 708 psf
Setia V Residences 2016 RM 1,906,750 - RM 8,962,800 RM 1,539,000 - RM 2,350,000
RM 1,118 psf - RM 1,536 psf
Tropicana 218 Macalister 2018 From RM 520,000 NIL
2 For Sale in MBF Tower 7 For Rent in MBF Tower 6 For Sale in Setia V Residences 7 For Rent in Setia V Residences 3 For Rent in Tropicana 218 Macalister

Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
MBF Tower 1988 RM 700,000 - RM 850,000
RM 636 psf - RM 708 psf
RM 2,300 - RM 2,300 NIL 3.58 %
Mansion One 2015 RM 650,000 - RM 1,300,000
RM 906 psf - RM 1,116 psf
RM 2,300 - RM 2,300 NIL 4.04 %
Scott Residence 2015 RM 1,149,000 - RM 1,800,000
RM 712 psf - RM 884 psf
RM 2,000 - RM 2,000 NIL 2.31 %
The Manor Dec 2013 From RM 5,050,000 NIL NIL NIL
8 Gurney 2013 RM 3,225,000 - RM 6,500,000
RM 464 psf - RM 607 psf
RM 7,000 - RM 7,000 NIL 1.97 %
Residence 21 2012 RM 2,830,000 - RM 4,200,000 NIL NIL NIL
H Residence 2009 RM 2,600,000 - RM 2,800,000
RM 550 psf - RM 604 psf
RM 7,000 - RM 7,000 NIL 2.56 %
2 For Sale in MBF Tower 7 For Rent in MBF Tower 13 For Sale in Mansion One 6 For Rent in Mansion One 6 For Sale in Scott Residence 6 For Rent in Scott Residence 7 For Sale in 8 Gurney 3 For Rent in 8 Gurney

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 sq ft - - -
500 - 1,000 sq ft RM 660 psf - RM 464 psf
1,000 - 1,500 sq ft RM 941 psf - -
1,500 - 2,500 sq ft - - -
2,500 - 4,000 sq ft RM 678 psf - -
4,000 sq ft and above RM 577 psf - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 594 psf
Non Landed Properties
RM 675 psf
Landed Properties
RM 532 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees
  • My Affordability

    Down Payment (10%) RM 68,000
    Loan Amount ( 90 %) RM 612,000
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    RM 240 ±
    RM 0.2 psf (1,200 sq ft)
    Total Monthly Expenses
    RM 3,000 ±

    Disclaimer

    The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

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    Cleanliness
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