Olive Tree Residences

Persiaran Mahsuri 2, Bayan Baru, Penang

RM 780,000

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Beds

3

Beds

Baths

2

Baths

sqft (floor)

1,656

sqft (floor)

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RM 471

psf (floor)


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Property details

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Condominium for sale
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Partially furnished
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Completed in 1993
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Freehold tenure
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Listed on 6 Sep 2025
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Listing ID - 42315697

About this property

Olive Tree Residences Renovated Good Deal in Bayan Baru Got V R Key

Olive Tree Residences For Sales:
Strategic Located in Bayan Baru near to FTZ Industrial MNC Company. Spice Convention Centre, Bayan Baru Market, Arena Curve, Promenade, PISA, Bukit Jambul Golf Course, Inti College, Fairview International School and more amenities around.

-Freehold
-High Floor
-1656sqft
-3 + 1 Bedrooms, 2 Bathrooms
-2 Car Parks Side By Side
-Full Renovated Unit
-VR360 Tour Viewing available anytime
-Key with me

Asking price RM 780,000 only
View To OFFER
Interested Please Contact Thang Wu 0***** For More Info and Viewing Arrangement TQ
Common facilities
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24 hours security

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Parking

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Mortgage breakdown
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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
Selling price for Olive Tree Residences is from RM 780,000 / RM 471.01 psf.
Current PSF at Olive Tree Residences is about RM 471.01 psf.
Olive Tree Residences is located at Persiaran Mahsuri 2, Bayan Baru, Penang Bayan Baru Penang.
The estimated loan repayment is RM 3,271 / mo.
Floor size of this unit at Olive Tree Residences is 1,656 sqft.