4 Houses for Sale at MBF Tower, George Town, Penang
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MBF Tower is a freehold apartment in George Town, Penang. There are currently 4 listing(s) available for sale on iProperty Malaysia. The listings start from RM500K for units with 1,000 sqft.
You can search for other projects within George Town such as Springtide Homes, HelicoNia Hotel, and The Rice Miller City Residences. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
The iProperty Take on Buying MBF Tower
Over the last 30 days, roughly 1 in 100 property searches in George Town went to MBF Tower. There are 3 total units available for sale at this project. The three 3-Bedroom units currently listed are priced well below the George Town average. These 3-Bedroom units represent the rarest configuration currently on the market, a reflection of its rarity rather than a shift in the wider market.
Developer & Launch
MBF Tower is a Condominium located in George Town. The project reached completion in 1988.
The property is held under Freehold tenure. It consists of 1 building that stands 28 floors high.
Top Amenities & Facilities at MBF Tower
MBF Tower provides a selection of essential facilities designed to support the daily needs and lifestyle of its residents. These on-site amenities offer convenience and recreational options within the development.
- Badminton hall
- Covered car park
- Lounge
- Nursery
Pricing by Unit Type
- 3-Bedroom
- Average asking price: RM 625K
- Asking PSF: RM 547 psf
- vs. George Town avg. PSF: RM 747 psf (26.74% below average)
- Positioning: Budget-friendly.
- Listings: 2
Neighbourhood at a Glance
MBF Tower is situated within George Town, providing buyers with verified proximity to essential services and local amenities. The location offers direct access to healthcare, transport, and retail points within the immediate vicinity.
- TRANSPORT: Northam Hotel Bus Stop, 91 m (1 minute walking distance)
- HEALTHCARE: Gleneagles Medical Centre Penang, 416 m (5 minutes walking distance)
- RETAIL: France Taipei Bridal Penang, 696 m (8 minutes walking distance)
- EDUCATION: Homestead, 432 m (5 minutes walking distance)
- FOOD & BEVERAGE: Le Brunch, 258 m (3 minutes walking distance)
- CONVENIENCE STORE: Mynews.Com, 263 m (3 minutes walking distance)
Past Transaction & Price Insights
MBF Tower recorded an observed period of 2024 to 2025 with a median PSF of RM406 PSF. The typical range for transactions during this time was between RM384 PSF and RM406 PSF.
The property saw a PSF decline of -10.58%.
Ready to Make Your Move?
2 homes are currently for sale at MBF Tower, starting from RM550,000. See what's currently on the market and compare layouts side by side.
This copy was published on 25 September 2026.