Olive Tree Residences

Persiaran Mahsuri 2, Bayan Baru, Penang

RM 1,050,000

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Beds

4

Beds

Baths

3

Baths

sqft (floor)

1,861

sqft (floor)

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RM 564

psf (floor)


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Photos

map

Map View

Property details

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Condominium for sale
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Fully furnished
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Completed in 1993
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Freehold tenure
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Listed on 3 Feb 2026
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Listing ID - 500713273

About this property

Olive Tree 1861sqft Fully Furnished 4 Bedrooms Bayan Lepas

Property Details:

- Built-up: 1861 sqft
- 4 Bedrooms, 3 Bathrooms
- 2 Car Parks
- Fully Furnished
- kitchen renovated
- Best for value

Asking for RM 1,050,000 only
100% Real Unit
Please contact Elvis Lim 林子凯 0***** to arrange a viewing.
Amenities
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Air conditioner

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Balcony

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Bed

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Cooker hood

Common facilities
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24 hours security

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Parking

Affordability

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Mortgage breakdown
Est. monthly repayment
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RM 0 Principal
RM 0 Interest
Upfront costs
Total downpayment
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Downpayment
RM 0 Loan amount at 0% Loan-to-value

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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 unit for sale in Bayan Baru, Penang is RM 1,050,000.
Yes (Security Guard).
Persiaran Mahsuri 2, Bayan Baru, Penang.
The estimated loan repayment amount is RM 4,403 / mo.
The completion date is in 1993.