Olive Tree Residences Penang | Luxury Condo in Bayan Lepas | Prime Location
Olive Tree Residences Condo, located at 70, Persiaran Mahsuri 2, Bandar Sunway Tunas, Bayan Lepas, Penang, is a freehold residential condominium developed by Harta Intan Group. It is part of a mixed development that also includes the Olive Tree Hotel and Olive Tree Terrace Shops.
Key Features and Description:
- Low Density: The development is known for its exclusivity, with a maximum of only six units per floor, ensuring privacy for residents. It comprises a single, 23-storey block with a total of 91 units.
- Unit Sizes and Layouts: Built-up areas for standard units range from approximately 1,656 sq ft to 2,919 sq ft, with penthouse units reaching up to 5,135 sq ft. Units typically offer 3 to 7 bedrooms and 2 to 6 bathrooms. Each unit is allocated at least two parking lots.
- Completion: The condominium was completed around December 2015.
Facilities:
Residents can enjoy a range of facilities located on the 7th floor, referred to as the "Club Floor":
- Swimming pool
- Gymnasium
- Children's playground
- Games room
- Function room
- Barbecue area
Security:
The development features a robust security system, including:
- Two-tier security access
- Video intercom system
- CCTV surveillance in common areas
Nearby Amenities and Accessibility:
Olive Tree Residences boasts a strategic location with excellent access to various amenities and transportation hubs:
- Shopping & Groceries: Within walking distance are Giant Supermarket and the Bayan Baru wet market. Queensbay Mall and Sunshine Square are a short drive away.
- Education: Proximity to primary schools like SJK(C) Min Sin, SJK(C) Chong Cheng, and SRK Bayan Baru. Fairview International School and Universiti Sains Malaysia (USM) are also nearby.
- Healthcare: Pantai Hospital Penang and H Medical Centre are located close to the residence.
- Transportation: A RapidKL bus stop and taxi stand are conveniently located across the street, and the Bayan Baru Rapid Penang Bus Hub is also nearby. The property is less than 10 minutes from both Penang Bridges and Penang International Airport.
- Recreation: It is situated directly adjacent to the Subterranean Penang International Convention & Exhibition (sPICE) Centre (formerly PISA).
OLIVE TREE RESIDENCES CONDO @ Properties
Frequently asked question
Olive Tree Residences is a freehold property.
The development was completed around December 2015. (Note: Some sources mention an older development, Mahsuri Condominium, completed in 1993, which may refer to a different phase or a previous name. The Harta Intan Group development is generally cited as completed in 2015/2017).
Built-up areas range from 1,656 sq ft to 5,135 sq ft, with layouts varying from 3-bedroom to 7-bedroom configurations.
Residents have access to a swimming pool, gymnasium, games room, function room, children's playground, themed pool deck, relaxation garden, and barbecue area on the 7th-floor club level.
Yes, each unit is allotted at least two parking lots.
The development features a two-tier security system, CCTV surveillance in common areas, and an intercom system.
Key amenities include Pantai Hospital Penang, SPICE Centre, Sunshine Square, Queensbay Mall, and various schools.
The condo is approximately a 10-minute drive from the Penang International Airport.
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