2 Houses for Sale 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 2 listing(s) available for sale on iProperty Malaysia. The listings start from RM800K 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 Buying Olive Tree Residences
7.26% of property searches in Bayan Baru over the last 30 days were for Olive Tree Residences. There are 3 total units available for sale at this project. Asking prices for 4-Bedroom units are slightly above the Bayan Baru average. Just 1 of the 3 units currently listed is a 3-Bedroom configuration, a reflection of its rarity rather than a shift in the wider market.
Developer & Launch
Olive Tree Residences is a Condominium located in Bayan Baru. The project reached its completion in 1993.
The development is a Freehold property. It consists of 1 building and contains a total of 198 units.
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
- 3-Bedroom
- Average asking price: RM 740K
- Asking PSF: RM 447 psf
- vs. Bayan Baru avg. PSF: RM 438 psf (2.14% above average)
- Positioning: Fair value.
- Listings: 1
- 4-Bedroom
- Average asking price: RM 970K
- Asking PSF: RM 528 psf
- vs. Bayan Baru avg. PSF: RM 499 psf (5.71% above average)
- Positioning: Fair value.
- Listings: 2
Neighbourhood at a Glance
Olive Tree Residences is situated within walking distance of Paper Lobster and Cosmopoint College, providing buyers with verified proximity to local dining and educational institutions. The location context includes access to various retail and healthcare services located within a 1 kilometer radius.
- 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)
Past Transaction & Price Insights
Olive Tree Residences recorded an observed period of 2023 to 2026 with a median price of RM495 PSF. The typical range for transactions during this time was between RM463 PSF and RM514 PSF.
The project saw a price rise of 16.12% in its PSF trend.
Ready to Make Your Move?
3 homes are currently for sale at Olive Tree Residences, starting from RM740,000. See what's currently on the market and compare layouts side by side.
This copy was published on 25 September 2026.