Olive Tree Residences Bayan Lepas
Find out the most recent homes, rates, and offers for Olive Tree Residences in Bayan Lepas. Whether you’re looking to own, find a rental, or put your home on the market, get expert guidance today.
Property Overview
Olive Tree Residences in Bayan Lepas offers a blend of modern living and tranquility, perfect for individuals seeking convenience and comfort on Penang Island. This impressive development features well-designed units with spacious layouts, offering panoramic views of the lush surroundings and cityscape. Residents can enjoy a range of facilities including a state-of-the-art gym, a serene swimming pool, a children’s playground, and 24-hour security, providing a safe and enjoyable environment.
Strategically located, Olive Tree Residences is just a stone’s throw away from vibrant shopping malls, local eateries, reputable schools, and medical facilities. It’s also conveniently close to the Penang International Airport, making it ideal for frequent travelers.
The units at Olive Tree Residences range from approximately RM600,000 to RM1,200,000 for sale, while rental prices typically fall between RM2,000 and RM4,000 per month, offering competitive pricing for its strategic location and comprehensive amenities. Whether you’re looking to invest or find a place to call home, Olive Tree Residences provides a sophisticated urban lifestyle with incredible convenience and connectivity.
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: Located approximately 2 km away, providing both domestic and international flight connections.
– Bayan Lepas Rapid Penang Bus Terminal: About 4 km from the center, offering numerous bus routes around the island.
– Penang Bridge: Situated roughly 15 km in driving distance, connecting the island to the mainland, enhancing accessibility.
Shopping & Dining:
– Queensbay Mall: A major shopping and dining destination approximately 8 km away, featuring a diverse range of retail outlets and eateries.
– Sunshine Square: Located about 5 km away, this shopping center hosts various shops and local food options.
– Bukit Jambul Complex: Roughly 7 km away, offering a mix of retail and dining facilities.
Healthcare:
– Pantai Hospital Penang: Approximately 5 km from Bayan Lepas, providing comprehensive medical services and specialized care.
– Penang General Hospital: Located around 12 km away, it is one of the main healthcare facilities on the island.
Education:
– University of Science Malaysia (USM): A leading institution approximately 10 km from Bayan Lepas, offering a wide array of courses.
– INTI International College Penang: About 5 km away, providing tertiary education with various academic programs.
– SJK(C) Chung Shan: A primary school located approximately 6 km away, known for its strong focus on education.
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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 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 no extra charge to you.} {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.} behalf and assist you with the buying process
It depends on your needs. New launch properties often offer early-bird discounts and incentives like cashback deals and flexible payment plans, but they require a waiting period before handover. Resale properties are ready to move in, allowing you to see the actual condition before buying. We can help you compare options based on your preferences.
You should have your identification card, salary details (payslip/KWSP record/financial records), 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 budget for stamp duty, lawyer costs, bank processing charges, and property assessment fees.
Yes! We analyze the property trends, compare recent sales, and negotiate with the property owner to help you secure the best deal.
We filter listings that fit your price range and requirements, arrange viewings, and negotiate rental terms with the property owner to secure the best deal for you.
For renting a home, the renter typically pays an service charge, which is equal to a full 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.
You are generally required to pay a 2-month security deposit, 1-month advance rent, and a utility deposit when renting a property.
Most agreements have a minimum stay period (e.g., 1 year). If you leave early, you may lose your deposit unless you find a replacement tenant.