Olive Tree Residences

    Bayan Baru, Penang

    Olive Tree Residences is a Freehold Condominium located in Bayan Baru, Penang. It was completed in 1993. The building has 11 floors and a total of 198 units. The build-up size is 950 - 1060 sq. ft.. This is a Residential Strata property. There are 20 listings for sale and 16 listings for rent in Olive Tree Residences.

    Facilities at Olive Tree Residences include 24-hours security, Parking.

    The median transacted price is RM 458 per sq. ft. Olive Tree Residences has a capital growth of -6.1%. The estimated rental yield is 4.7%.

    Nearby transportation: Penang International Airport (Airport)

    Nearby medical: Klinik Desa Relau, Pantai Hospital Penang, Klinik Desa Sungai Ara, Pearl Maternity Hospital

      Price overview of Olive Tree Residences

      • Price range for sale
        RM 776,750 - RM 935,500
        RM 429.55 - RM 498.02 /sq. ft.
        20 For Sale
      • Price range for rent
        RM 2,200 - RM 3,200
        RM 1.31 - RM 1.88 /sq. ft.
        16 For Rent
      *90% of the properties listed are between this price range
    Property type
    Condominium
    Land title
    Residential
    Property title type
    Strata
    Tenure
    Freehold
    Built-up size
    950 - 1060 sq. ft.
    No. of floors
    11
    Total units
    198
    Year built
    1993
    Developer
    -

    Facilities in Olive Tree Residences

    24-hours security
    Parking

    Property market insight for Olive Tree Residences

    All data based on max of 12 months only – Jul 2019 to Jun 2020

    Median transacted price

    RM 770,000
    9.41% YoY
    Lower: RM 710,000Upper: RM 794,000

    Median transacted price per sq.ft. (psf)

    RM 458/sq. ft.
    6.1% YoY
    Lower: RM 439Upper: RM 476
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