Olive Tree Residences Bayan Lepas
Find out the most recent listings, rates, and best prices for Olive Tree Residences in Bayan Lepas. If you’re looking to purchase, rent, or sell, receive professional advice now.
Property Overview
Olive Tree Residences in Bayan Lepas, Penang, is a modern and elegant residential complex designed for comfort and luxury. This property features a range of well-appointed units, with sizes varying to suit different lifestyle needs, offering both young professionals and families a perfect urban retreat. The residences include top-notch facilities such as a swimming pool, fully equipped gym, children’s playground, and 24-hour security, ensuring a safe and vibrant community environment.
Nestled in a strategic location, Olive Tree Residences provides easy access to a multitude of amenities. It is just minutes away from Queensbay Mall, Penang International Airport, and the Bayan Lepas Free Industrial Zone, making it a prime choice for convenience and connectivity. Nearby, residents can also enjoy a variety of dining options, schools, and healthcare facilities.
The estimated price range for units at Olive Tree Residences is around RM 700,000 to RM 1.5 million for purchase, depending on the size and floor level. Rental rates typically range from RM 2,500 to RM 4,500 per month. Whether you’re looking to buy or rent, Olive Tree Residences offers a refined lifestyle in the heart of 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 4 km, offering domestic and international flight connections.
– Bus Rapid Transit Hub: About 3 km, providing extensive local and intercity bus services.
– Sultan Abdul Halim Muadzam Shah Bridge: Roughly 8 km, connecting Penang Island to mainland Malaysia.
Shopping & Dining:
– Queensbay Mall: Approximately 6 km, featuring diverse retail stores and dining options.
– Sunshine Square: About 4 km, a local shopping center with groceries and casual eateries.
– Bayan Lepas Food Court: Roughly 2 km, offering a variety of local street food and delicacies.
Healthcare:
– Pantai Hospital Penang: Approximately 5 km, providing comprehensive medical services and specialties.
– Klinik Kesihatan Bayan Lepas: About 3 km, a public health clinic offering basic healthcare services.
– Penang Adventist Hospital: Roughly 10 km, renowned for specialized treatments and healthcare facilities.
Education:
– INTI International College Penang: Approximately 7 km, offering higher education and university transfer programs.
– SK Bayan Lepas (2): About 3 km, a primary school with a strong educational emphasis.
– University of Science Malaysia: Roughly 12 km, known for its research-intensive environment and diverse programs.
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 budget, preferred location, and requirements. We also negotiate on your{For most transactions, 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 transactions, our service is free 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 priorities. New launch properties often come with developer perks like rebates and lower upfront costs, but they take time to complete. Sub-sale properties are available immediately, allowing you to inspect the unit before buying. We can help you compare options based on your requirements.
You should have your identification card, proof of income (payslip/EPF statement/bank statements), and a loan approval (if needed) to speed up the process.
Aside from the initial deposit (usually 10%), you’ll need to consider government charges, lawyer costs, loan agreement fees, and property assessment fees.
Yes! We analyze the property trends, review past transactions, and negotiate with the seller to help you secure the most favorable price.
We filter listings that fit your price range and requirements, schedule viewings, and negotiate rental terms with the property owner to secure the best deal for you.
For rental properties, the tenant typically pays an service charge, which is equal to a full month’s rent, depending on the lease term.}
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.
Typically, you will need to pay 2 months’ security deposit, 1 month’s advance rent, and a utility deposit.
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.