Olive Tree Residences Bayan Lepas
Find out the latest homes, rates, and best prices for Olive Tree Residences in Bayan Lepas. If you’re looking to buy, rent, or put your home on the market, get expert guidance here.
Property Overview
Olive Tree Residences in Bayan Lepas offers a premium living experience combining modern design with lush green surroundings. This contemporary development features spacious apartments with stunning views, designed for comfort and elegance. Residents enjoy access to top-notch facilities including a swimming pool, fitness center, and 24-hour security. Conveniently located, the property is within walking distance to shopping malls, schools, and medical centers, providing ultimate convenience. The vibrant Penang International Airport and Penang Bridge are just a short drive away, ensuring connectivity. Properties at Olive Tree Residences typically range from RM 500,000 to RM 900,000 for sale, while rental prices are approximately RM 2,000 to RM 3,500 per month, offering an attractive investment for both homeowners and investors.
Simple, Fast, Hassle-Free How We Help You Find the Right Home
We take care of everything—from finding the right home to securing the best deal. Let us handle the details so you can focus on what matters.
Making Property Search Easy
No time wasted—only relevant properties that match your budget and preferences.
Guiding You Through the Process
Helping with paperwork, negotiations, and getting the best deal.
Saving You Time & Effort
You won’t have to chase after multiple people—we take care of everything.
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Why Should You Choose Olive Tree Residences Bayan Lepas
Transport & Connectivity
– Penang International Airport: Approximately 4 km, providing domestic and international flights.
– Bayan Lepas Expressway: Less than 2 km, offering easy access to George Town and other parts of Penang.
– Rapid Penang Bus Services: Operates within the area, providing affordable public transport options.
Shopping & Dining
– Queensbay Mall: Around 5 km, the largest shopping mall in Penang with a variety of retail and dining options.
– Sunshine Square: Approximately 3 km, offering groceries, clothing, and multiple dining establishments.
– SPICE Arena: About 3 km, featuring food stalls and weekend night markets.
Healthcare
– Pantai Hospital Penang: Roughly 4 km, a private hospital providing a wide range of medical services.
– Beacon Hospital Penang: Approximately 6 km, known for its specialized cancer treatment facilities.
Education
– Universiti Sains Malaysia (USM): About 8 km, one of Malaysia’s leading public universities.
– Inti International College Penang: Approximately 2 km, offering a variety of higher education programs.
– Straits International School: Around 4 km, providing educational programs from primary to secondary levels.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your budget, desired area, and specific needs. We also negotiate on your{For most property purchases, our assistance comes at no cost for buyers as we earn commission from the seller. We provide professional guidance at zero cost to you.} {For most transactions, our service is free for buyers as we are paid by the seller. We provide professional guidance at no extra charge to you.} behalf and guide you through the buying process
It depends on your priorities. Brand new properties often come with developer perks like rebates and flexible payment plans, but they require a waiting period before handover. Sub-sale properties are available immediately, allowing you to see the actual condition before buying. We can help you compare options based on your requirements.
You should have your IC, salary details (salary slip/KWSP record/bank statements), and a pre-approved home loan (if needed) to speed up the process.
Aside from the initial deposit (usually 10%), you’ll need to consider stamp duty, legal fees, loan agreement fees, and property assessment fees.
Yes! We study the market, review past transactions, and discuss terms with the property owner to help you secure the most favorable price.
We filter listings that fit your budget and preferences, arrange viewings, and discuss rental terms with the landlord to secure the best deal for you.
For renting a home, the renter typically pays an service charge, which is equal to one month’s rent, depending on the rental duration.}
Typically, you will need your IC or passport, recent payslips, and proof of income like a bank statement or employment letter. Some landlords may request extra documents, depending on their requirements.
The usual deposit required is 2 months’ security, 1 month’s rent in advance, and a utility deposit.
If you want to terminate your tenancy early, you could forfeit your deposit unless you arrange for a replacement tenant, as most agreements require a minimum stay.