Mbf Tower
53, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia
53, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia
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Selling in Mbf Tower? Homes here sold for a median of RM450,000.
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Mbf Tower
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Mbf Tower, 53, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia
MapsMbf Tower in Timur Laut, Penang recorded 0 subsale transactions in 2021, 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 RM360K 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 RM319.75 to RM492.25, 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.