9 Houses for Rent at Olive Tree Residences, Bayan Baru, Penang
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Olive Tree Residences is a freehold condominium in Bayan Baru, Penang. There are currently 9 listing(s) available for rent on iProperty Malaysia. The listings start from RM3K for units with 1,500 sqft.
You can search for other projects within Bayan Baru such as Pangsapuri Mayang, Seri Nilam, and D'Piazza. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
The iProperty Take on Renting Olive Tree Residences
13.76% of property searches in Bayan Baru over the last 30 days were for Olive Tree Residences. There are 11 total units available for rent at the project. Monthly asking rents for 3-Bedroom units sit well below the Bayan Baru average. The 4-Bedroom configuration is currently priced well above the township average, a reflection of its strong demand rather than limited supply.
Top Amenities & Facilities at Olive Tree Residences
Olive Tree Residences provides essential facilities designed to support the daily needs and peace of mind of its residents. The project focuses on core utilities that contribute to a functional living environment.
- Parking
- 24-hour security
Pricing by Unit Type
- 4-Bedroom
- Average asking rent: RM 3K / month
- vs. Bayan Baru avg. rent: RM 3K / month (14.64% above average)
- Positioning: Above average.
- Listings: 8
- 3-Bedroom
- Average asking rent: RM 3K / month
- vs. Bayan Baru avg. rent: RM 6K / month (43.34% below average)
- Positioning: Below average.
- Listings: 4
Neighbourhood at a Glance
Olive Tree Residences provides renters with immediate access to local dining and essential services, with Paper Lobster located just 19 m away. This location allows for practical day to day living with various amenities reachable within a short walk.
- TRANSPORT: Spice Station, 861 m (10 minutes walking distance)
- HEALTHCARE: Jn Dental Surgery, 231 m (3 minutes walking distance)
- RETAIL: D'Piazza Mall, 690 m (8 minutes walking distance)
- EDUCATION: Cosmopoint College, 229 m (3 minutes walking distance)
- FOOD & BEVERAGE: Paper Lobster, 19 m (1 minute walking distance)
- CONVENIENCE STORE: Mynews.Com, 470 m (6 minutes walking distance)
Ready to Move In?
12 homes are currently available to rent at Olive Tree Residences, from RM2,800 to RM3,500 per month. See what's currently available and shortlist your favourites.
This copy was published on 25 September 2026.