Ziba Property

Olive Tree Residences

Olive Tree Residences, 70 Persiaran Mahsuri 2, Bandar Sunway Tunas, 11950 Bayan Lepas, Pulau Pinang

Price FromRM 3.2K
Units Available4/91
Year Built2015

About this project

Olive Tree Residences, also known as Mahsuri Condominium, is a completed low-density residential condominium developed by Harta Intan Group. The project consists of a single 23-storey tower with a total of 91 units, offering a size range from 1,656 to 5,135 sq ft. Pricing is available on request.

Located in Bayan Baru, the condominium is strategically positioned approximately 2 km from the Bayan Lepas Free Industrial Zone and 4 km from Penang International Airport. Other notable distances include 8 km to Penang Bridge, 14 km to Georgetown, and 15 km to Gurney Drive and Botanical Gardens. The area is well-connected to various key destinations, making it suitable for both residents and commuters.

Olive Tree Residences is ideal for families and individuals seeking a community-oriented living environment. The extensive amenities include a wellness centre, rock climbing wall, skate park, and themed gardens, catering to various lifestyle needs. However, potential buyers should consider that the project is located in a busy area, which may lead to traffic congestion during peak hours.

Facilities

24-hour security
CCTV surveillance
Guard house
Access card
Video intercom
Sauna
Steam room
Jacuzzi
Playground
Tree house
Splash pad
Kids pool
Nursery
Skate park
Rock climbing wall
Meditation deck
Yoga room
Wellness centre
Themed gardens
Water features
Walking trails
Outdoor gathering spaces
24-Hours Security
Car Park / Garage
Gymnasium
Swimming / Lap Pool
Business Center
Gated & Guarded
Jogging Track

Amenities

Wellness centre with sauna, steam room, and jacuzzi
Rock climbing wall, tree house, and skate park on-site
24-hour security with CCTV surveillance and access card
Walking trails and outdoor gathering spaces available
Proximity to Bayan Lepas Free Industrial Zone and airport
Renovated
Balcony / Patio
City View

Available listings

Location & Nearby

Olive Tree Residences, 70 Persiaran Mahsuri 2, Bandar Sunway Tunas, 11950 Bayan Lepas, Pulau Pinang

Price trend

Transacted
1M0.8M0.5M0.3M0
Feb 2022Apr 2022May 2022Sep 2022Oct 2022Jan 2023Feb 2023May 2023Dec 2023Apr 2024Aug 2024Sep 2024

These trends are calculated using Ziba Property's proprietary algorithm based on publicly available property listings collected from third-party websites. Source: Ziba Property market data

Transaction history

1 - 5 of 15
Unit TypeFloorPriceDate
Condominium/Apartment18RM 700,000Sep 2024
Condominium/Apartment17RM 800,000Aug 2024
Condominium/Apartment13RM 828,000Aug 2024
Condominium/Apartment8RM 680,000Aug 2024
Condominium/Apartment12RM 788,000Apr 2024

These transactions are calculated using Ziba Property's proprietary algorithm based on publicly available property listings collected from third-party websites. Source: Ziba Property market data