Olive Tree Residences

Persiaran Mahsuri 2, Bayan Baru, Penang

RM 3,000 /mo


Beds

3

Beds

Baths

2

Baths

sqft

1,617

sqft


LRT

860 m (10 mins) from SPICE

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Ready to move in Condominium


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Photos

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Property details

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Condominium for rent
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Fully furnished
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Completed in 1993
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Listed on 29 Jul 2026
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Listing ID - 501813023
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1,617 sqft floor area

About this property

Exclusive Low Density Living At Olive Tree Residences

Experience unparalleled privacy and comfort in this spacious intermediate unit at Olive Tree Residences, located in the heart of the Bayan Baru business hub. Spanning 1,617 sqft, this fully furnished residence offers a refined living environment designed for those who appreciate exclusivity and convenience in a low-density community of only 91 units.

* Generous 1,617 sqft floor plan with 3 bedrooms and 2 bathrooms
* Fully furnished unit ready for immediate move-in
* Mid-floor positioning providing a balanced view and accessibility
* Located within a prestigious mixed development comprising an hotel and retail terrace
* Walking distance to major retail hubs including Sunshine Square and Giant Hypermarket
* Minutes away from the Penang International Airport and the Bayan Lepas Free Trade Zone
* Excellent connectivity to local medical facilities, educational institutions, and lifestyle dining options

This prime property combines the serenity of a private home with the urban convenience of being situated in one of the most strategic locations in Penang. It is an ideal choice for professionals or families seeking a high-quality living experience in a well-maintained, freehold condominium.

Olive Tree Residences is a 23-storey condominium block in Bayan Baru, Penang. It was being developed by Harta Intan Group.

Olive Tree Residences has 91 condominium units on freehold land. Units are available in five different configurations, Type A has 4 bedrooms, 3 bathrooms (1,861 sqft), Type B 3 bedrooms 2 bathrooms (1,721 sqft), Type C 3 bedrooms 2 bathrooms (1,656 sqft), Type D 5 bedrooms 5 bathrooms (2,919 sqft) and Type E 7 bedrooms 6 bathrooms (5,135 sqft). Units are priced from RM900,000 upwards.

Next to Olive Tree Residences is the Olive Tree Hotel, a 24-storey four-star hotel offering 253 rooms.

Facilities include 24-hour security, multi-storey car park, swimming pool, gymnasium, children's playground and BBQ

Interested please call Stephanie 0***** for viewing
Common facilities
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24 hours security

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Parking

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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FAQs

The monthly rental in Bayan Baru, Penang is RM 3,000 /mo.
Yes (24 hours security).
Persiaran Mahsuri 2, Bayan Baru, Penang.
Here is a guide to rent a property in Malaysia including security deposit and understanding the importance of tenancy agreement.
The completion date is in 1993.
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