48 Houses for Rent at Olive Tree Residences
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.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. The property is conveniently located less than a 2-minute walk from a Giant Supermarket and the Bayan Baru wet market. Queensbay Mall, one of Penang's premier shopping destinations, is less than a 10-minute drive away. Sunshine Square is also nearby. SJK(C) Min Sin is approximately 1 km away, and both SJK (C) Chong Cheng and SRK Bayan Baru are also in the vicinity. Fairview International School is located about 3 km away. Universiti Sains Malaysia (USM) is accessible within a 7-minute travel time.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. The residence is easily accessible via Jalan Tun Dr Awang, providing excellent connectivity to the north and south of Penang. It is strategically positioned less than 10 minutes from both Penang Bridges and the Penang International Airport (6.5 km). 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.The property is situated directly adjacent to the Penang International Sports Arena (PISA), now known as the Subterranean Penang International Convention & Exhibition (sPICE) Centre.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.
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Recent search data shows the project remains relevant to active rental seekers in the area, drawing on 30 days of PropertyGuru search activity. This development continues to draw rental interest in the local market, maintaining its position within the broader property landscape.
Pricing by Unit Types:- 3-Bedroom Units:
- Avg Asking Price: RM 3K
- Avg PSF: RM 2 psf
- Available Units: 11
- 4-Bedroom Units:
- Avg Asking Price: RM 3K
- Avg PSF: RM 2 psf
- Available Units: 27
- TERMINAL BAS BAYAN BARU (120m, 1-2 mins) — Major transit point offering reliable connections for those working in the nearby Free Industrial Zone.
- HAB BAYAN BARU (167m, 1-2 mins) — Secondary bus hub providing additional route options for a smooth daily commute across Penang.
- STRAITS INTERNATIONAL SCHOOL (899m, 10-11 mins) — High-quality private education within walking distance for families seeking a global curriculum.
- SMK RAJA TUN UDA (947m, 11-12 mins) — Established local secondary school nearby, making the morning school run much simpler for parents.
- SJK(C) MIN SIN (1112m, 13-14 mins) — Reputable vernacular primary school that is a popular choice for families in the Bayan Baru area.
- JN DENTAL SURGERY (304m, 3-4 mins) — Professional dental care located just a short stroll away for routine check-ups and family oral health.
- RELAU RURAL CLINIC (714m, 8-9 mins) — Accessible community healthcare services for general medical needs and consultations.
- PANTAI INTEGRATED REHAB (SATELLITE) (799m, 9-10 mins) — Specialized physiotherapy and rehabilitation services located conveniently close to home.
- JAYAMAS (460m, 5-6 mins) — Local retail spot perfect for picking up daily essentials without having to drive.
- MAYANG MALL (654m, 7-8 mins) — Nearby shopping destination offering a variety of retail outlets and services for weekend errands.
- D'PIAZZA MALL (690m, 8-9 mins) — Lifestyle mall featuring a mix of food, tech shops, and service providers just minutes away.
- SYED CAFE BRIYANI (10m, 1 min) — Famous local flavors located right next door, ideal for a quick and satisfying meal any time.
- PAPER LOBSTER (19m, 1 min) — Unique seafood dining experience situated just steps from the residence entrance.
- AZUMA SUSHI (251m, 3-4 mins) — Quality Japanese cuisine nearby for those who enjoy fresh sushi and sashimi in a comfortable setting.
- BANK ISLAM (541m, 6-7 mins) — Full-service banking branch nearby for easy management of personal and business finances.
- MAYBANK (688m, 8-9 mins) — Convenient access to Malaysia's largest bank for all essential financial transactions.
- COSMOPOINT COLLEGE (229m, 2-3 mins) — Higher learning institution located very close by, making it a great location for students or academic staff.
- KOLEJ KOMUNITI BAYAN BARU (914m, 11-12 mins) — Local community college offering various vocational courses within the immediate neighborhood.
- MYNEWS.COM (470m, 5-6 mins) — Handy spot for grabbing a morning coffee, snacks, or the latest magazines on the way to work.
- HAPPY MART (665m, 8-9 mins) — Reliable 24-hour convenience store for late-night essentials and quick grocery top-ups.
- MASJID RELAU (669m, 8-9 mins) — Local mosque providing a nearby space for prayer and community activities for Muslim residents.
- MASJID UMAR AL KHATAB (957m, 11-12 mins) — Another significant place of worship within the vicinity, serving the local Bayan Baru community.
Published date: June 3, 2026