Mbf Tower

53, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM450,000
PSF
RM406
Period
transactions middle 50% (P25–P75)
1,100 sqft
Condo
RM450,000
Level 10
1,109 sqft · RM406 PSF
RM400,000
Level 12
1,109 sqft · RM361 PSF
RM760,000
Level 29
1,076 sqft · RM706 PSF
Legend Recent Highest Price Highest PSF

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Mbf Tower
© OpenStreetMap · CARTO

Mbf Tower, 53, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia

Maps

Mbf Tower in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM450K and a median price per square foot (PSF) of RM406.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM450K, with most transactions falling within a stable range of RM400K to RM500K, and a typical market range of RM400K to RM540K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM406, with core pricing between RM361 and RM451. Market pricing typically extends from RM319.52 to RM492.02, reflecting moderate variation in unit pricing. With an IQR of RM172.50 and MAD of RM45, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.