Olive Tree Residences

Persiaran Mahsuri 2, Bayan Baru, Penang

RM 1,200,000

Negotiable

Beds

3

Beds

Baths

2

Baths

sqft (floor)

1,712

sqft (floor)

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RM 701

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 17 Nov 2025
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Listing ID - 500383509

About this property

For Sale – Olive Tree Residence, Penang

For Sale – Olive Tree Residence, Penang

Selling Price: RM1,300,000
Built-up: 1,712 sqft
3 Bedrooms | 2 Bathrooms | 2 Car Parks
Fully Furnished Luxury Unit

Spacious and beautifully furnished unit at Olive Tree Residence.
Modern interior design with quality fixtures and well-maintained condition.
Prime location in Bayan Lepas — walking distance to Olive Tree Hotel, SPICE Arena, eateries, shops, and commercial hubs.
Low-density development with excellent condo facilities and 24-hour security.
Perfect for own stay or investment.

Contact Joey at 0***** for viewing.
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出售 – Olive Tree Residence 槟城

售价:RM1,300,000
建筑面积:1,712平方尺
3房 | 2浴室 | 2车位
全装修豪华单位

宽敞大单位,装修精美,家具电器齐全,拎包入住。
地点优越,靠近 SPICE Arena、Olive Tree Hotel、餐厅及商业区。
低密度项目,保安完善,设施齐全。
非常适合自住或投资。

预约看房请联系 Joey 0*****
Common facilities
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24 hours security

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Parking

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Mortgage breakdown
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RM 0 Interest
Upfront costs
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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 1,200,000.
No.
Persiaran Mahsuri 2, Bayan Baru, Penang.
The estimated loan repayment amount is RM 5,032 / mo.
The completion date is in 1993.