Olive Tree Residences Bayan Lepas
Discover the latest homes, rates, and offers for Olive Tree Residences in Bayan Lepas. Whether you’re looking to purchase, lease, or list your property, get expert guidance here.
Property Overview
Olive Tree Residences, located in the vibrant locale of Bayan Lepas, offers a modern and sophisticated living experience ideal for families and professionals. This prestigious development features elegantly designed units with spacious layouts, ranging from 3 to 4 bedrooms, complete with panoramic views of the cityscape. Its modern facilities include a swimming pool, a fully equipped gym, landscaped gardens, and 24-hour security, ensuring comfort and peace of mind for all residents.
Situated in a prime area, Olive Tree Residences is conveniently surrounded by essential amenities such as shopping malls, restaurants, schools, and medical centers. It’s a stone’s throw away from Penang International Airport, making it a strategic choice for frequent travelers.
The property market indicates that the sale price for units within Olive Tree Residences ranges between RM900,000 to RM1.5 million, while rental prices are estimated between RM3,500 to RM6,000 per month, depending on the unit size and floor level. With its unbeatable location and comprehensive offerings, Olive Tree Residences stands as a top choice for luxury living in Bayan Lepas.
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.
Find Out
Why Should You Choose Olive Tree Residences Bayan Lepas
Transport & Connectivity:
– Penang International Airport: Approximately 3 km. Convenient air travel with both domestic and international flights.
– Penang Bridge: Approximately 10 km. Connects Penang island to the mainland, facilitating easy vehicular movement.
– Rapid Penang Bus Services: Network covering major points in Bayan Lepas and beyond for public transportation.
Shopping & Dining:
– Queensbay Mall: Approximately 6 km. One of Penang’s largest shopping malls with a variety of retail, dining, and entertainment options.
– Sunway Carnival Mall: Approximately 25 km. Offers a wide selection of shops and eateries catering to different tastes.
– Bayan Lepas Street Food: Within 5 km. Famous for its local hawker food offering an authentic Penang dining experience.
Healthcare:
– Pantai Hospital Penang: Approximately 5 km. Provides comprehensive medical services and 24-hour emergency facilities.
– Penang Adventist Hospital: Approximately 20 km. Known for its specialized healthcare services and modern facilities.
– Georgetown Medical Centre: Approximately 15 km. Offers a range of medical treatments and outpatient care.
Education:
– Universiti Sains Malaysia (USM): Approximately 10 km. A premier public research university in Malaysia with diverse academic programs.
– INTI International College Penang: Approximately 8 km. Offers a variety of undergraduate and postgraduate programs.
– Straits International School: Approximately 7 km. Provides international curriculum-based education from preschool to high school levels.
Tell us what you're looking for, and we'll take care of the rest.
Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your financial plan, preferred location, and requirements. We also negotiate on your{For most property purchases, our service is free for buyers as we earn commission from the seller. We provide expert advice at zero cost to you.} {For most transactions, our assistance comes at no cost for buyers as we earn commission from the seller. We provide expert advice at no extra charge to you.} behalf and assist you with the property purchase journey
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 inspect the unit before buying. We can help you weigh the pros and cons based on your requirements.
You should have your identification card, proof of income (payslip/EPF statement/financial records), and a loan approval (if needed) to expedite the process.
Aside from the initial deposit (usually 10%), you’ll need to budget for stamp duty, legal fees, loan agreement fees, and valuation charges.
Yes! We study the market, review recent sales, and negotiate with the property owner to help you secure the best deal.
We search for listings that fit your budget and preferences, schedule viewings, and discuss 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.}
To rent a home, you will generally need to provide your Identity Card (IC) or passport, recent payslips or income statement, and sometimes an 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.
Typically, if you terminate your tenancy early, you may lose your deposit unless you find a new tenant to take over.