Olive Tree Residences

Olive Tree Residences: Low-Density Freehold Condominium in Bayan Baru, Penang

Olive Tree Residences is a freehold condominium located in the strategic hub of Bayan Baru, Penang. Completed in late 2015, this single-block, 23-storey development by Harta Intan Group offers an exclusive, low-density living experience with only 91 units. It is part of a mixed development that also includes the Olive Tree Hotel and Olive Tree Terrace Shops. The residence is designed for those who value privacy and convenience, featuring a maximum of only six units per floor.

Project Details and Facilities

Olive Tree Residences provides spacious units with built-up areas ranging from 1,656 sq ft to 5,135 sq ft. Layouts vary, accommodating different lifestyle needs with configurations from 3-bedroom to 7-bedroom units. Residents benefit from a dedicated facilities floor, known as the "Club Floor," located on the 7th level. This floor hosts a swimming pool, gymnasium, children's playground, games room, function room, and a barbecue area. The development ensures resident safety with a two-tier security system, video intercom, and CCTV surveillance in common areas.

Nearby Amenities and Accessibility

Shopping & Groceries

• Walking Distance: The property is conveniently located less than a 2-minute walk from a Giant Supermarket and the Bayan Baru wet market.
• Short Drive: Queensbay Mall, one of Penang's premier shopping destinations, is less than a 10-minute drive away. Sunshine Square is also nearby.

Education

• Primary Schools: SJK(C) Min Sin is approximately 1 km away, and both SJK (C) Chong Cheng and SRK Bayan Baru are also in the vicinity.
• International Schools: Fairview International School is located about 3 km away.
• Higher Education: Universiti Sains Malaysia (USM) is accessible within a 7-minute travel time.

Healthcare

Several medical facilities are located close to the residence, including Pantai Hospital Penang, which is just 1 km away. H Medical Centre is also nearby.

Connectivity & Public Transport

• Major Roads: The residence is easily accessible via Jalan Tun Dr Awang, providing excellent connectivity to the north and south of Penang.
• Bridges & Airport: It is strategically positioned less than 10 minutes from both Penang Bridges and the Penang International Airport (6.5 km).
• Public Transport: A RapidKL bus stop and a taxi stand are located right across the street, while the Bayan Baru Rapid Penang Bus Hub is also nearby.

Recreation

The property is situated directly adjacent to the Penang International Sports Arena (PISA), now known as the Subterranean Penang International Convention & Exhibition (sPICE) Centre.

The Developer

Olive Tree Residences was developed by Harta Intan Group, a mid-sized real estate group with a portfolio of around 8 projects in Malaysia. The group is also responsible for the adjacent Olive Tree Commercial development.