Olive Tree Residences Bayan Lepas
Check out the newest homes, prices, and deals for Olive Tree Residences in Bayan Lepas. If you’re looking to purchase, rent, or list your property, receive professional advice today.
Property Overview
Olive Tree Residences in Bayan Lepas offers a modern and luxurious living experience, perfectly blending convenience and comfort. This elegant property features contemporary architecture and well-designed units ranging from cozy two-bedroom apartments to spacious four-bedroom suites. Residents can enjoy a plethora of top-notch facilities, including a swimming pool, a well-equipped gym, a children’s playground, and beautifully landscaped gardens.
The residences are strategically located near various amenities, such as Queensbay Mall, Bayan Lepas Free Industrial Zone, and a selection of international schools, making it an ideal choice for both families and working professionals. With easy access to public transportation and major highways, commuting is a breeze.
For those looking to invest or rent, Olive Tree Residences offer a competitive price range. Units are available for sale typically between RM 700,000 to RM 1,500,000, while rental prices range from RM 2,500 to RM 5,000 per month, depending on the unit size and view. Whether you’re buying or renting, Olive Tree Residences promises a premium lifestyle in one of Penang’s bustling districts.
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
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Helping with paperwork, negotiations, and getting the best deal.
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Why Should You Choose Olive Tree Residences Bayan Lepas
Transport & Connectivity:
– Penang International Airport: Approximately 5 km, providing domestic and international flights.
– Second Penang Bridge: Around 10 km, offers a vital link to mainland Malaysia.
– Penang Rapid Bus Service: Several routes serve Bayan Lepas, facilitating public transport across Penang Island.
Shopping & Dining:
– Queensbay Mall: About 8 km, featuring various international retail brands and eateries.
– Bayan Lepas Night Market: Situated approximately 2 km away, offering local street food and products.
– Sunshine Square: Approximately 3 km, a convenient spot for grocery shopping and dining.
Healthcare:
– Pantai Hospital Penang: Located around 10 km, a comprehensive healthcare facility with various specialist clinics.
– Hospital Balik Pulau: Approximately 15 km, offering general medical services to residents.
Education:
– INTI International College Penang: About 5 km, offers various higher education programs.
– University of Science Malaysia (USM): Roughly 12 km, esteemed for its research facilities and diverse academic courses.
– SMJK Heng Ee: Around 4 km, provides secondary education in the region.
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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 requirements. We also handle negotiations and assist you with the buying process
It depends on your needs. Brand new properties often offer early-bird discounts and incentives like rebates and flexible payment plans, but they require a waiting period before handover. Resale properties are ready to move in, allowing you to inspect the unit before buying. We can help you weigh the pros and cons based on your preferences.
You should have your IC, proof of income (salary slip/EPF statement/bank statements), and a pre-approved home loan (if needed) to expedite the process.
Aside from the down payment (usually a small percentage), you’ll need to consider government charges, legal fees, bank processing charges, and property assessment fees.
Yes! We study the market, compare recent sales, and negotiate with the seller to help you secure the most favorable price.
We filter listings that match your price range and requirements, schedule viewings, and negotiate rental terms with the landlord to secure the best deal for you.
For rental properties, 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. Additional documents may be required depending on the landlord’s preferences.
You are generally required to pay a 2-month security deposit, 1-month advance rent, and a utility deposit when renting a property.
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.