7 Properties for Rent at Olive Tree Residences

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Listed by
Hao Tan

Listed by
Hao Tan

Listed by
Hao Tan

Listed by
Jeff Ooi

Listed by
Jessey W

Listed by
Ryan P.

Listed by
Ryan P.
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Olive Tree Residences
Persiaran Mahsuri 2 11900(l7c3z) Bayan Baru
Summary

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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Project details
TypeCondominium
Completion year1993
TenureFreehold
No. of blocks1
Total units198

Top facilities
24-hour security
Parking

Developer
Frequently Asked Questions
There are 7 properties for rent.
The rental price of a property in Malaysia can vary depending on its location, type, and size. Other factors that may also affect the price include the amenities and facilities available, the proximity to public transportation, and the demand for rental properties in the area.
They vary depending on the renter's preferences, lifestyle, budget and needs. When considering where to rent in Malaysia, remember to factor in personal requirements like transportation options, safety, lifestyle preferences and more, before making a decision.
Popular property rent types include apartments, condominiums, bungalows, terraced houses, and studios. Rooms for rent is also a popular option in Malaysia.