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MoreMoreMoreOlive Tree ResidencesBayan Baru — for Rent
Price Range
SPA Price Before Rebate
RM750,000 - RM1,080,000
Bedroom
3 - 7
Bathroom
2 - 7
Completion
2015
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Why Olive Tree Residences?
1
Low-density development with a maximum of 6 units per floor and only 91 total units.
2
Freehold property.
3
Each unit includes two dedicated parking lots.
4
Semi-furnished with air-conditioning in every room, wardrobes in all bedrooms, and a cooker with hoods and cabinets in both wet and dry kitchens.
5
Provided with HDTV and broadband internet access.
6
Strategically located near essential amenities such as Giant Supermarket, Bayan Baru wet market, Queensbay Mall, Pantai Medical Centre, Universiti Sains Malaysia, and the Subterranean Penang International Convention & Exhibition (sPICE) Centre (formerly PISA).
Home details
Price per sqft
RM207 - RM453 psf
Title
Strata
Tenure
Freehold
Type
Condominium
Layout size
1,656 sqft - 5,229 sqft
Facilities
7th Floor (Club Floor)
1
Swimming Pool
2
Gymnasium
3
Games Room
4
Function Room
5
Children's Playground
6
Themed Pool Deck
Market intelligence
4 transactionsOLIVE TREE RESIDENCES · Barat Daya
RM 206.54 psf
This listing
-55.8%vs project median
RM 427
RM 467 (median)
RM 512
Cheapest in project
Most expensive
Median PSF
466.96
RM per sq.ft
Median price
750K
24-month median
PSF trend
N/A
No transaction within 12 months
PSF by floor level
L6-10
RM426.62
(1)
L11-15
RM512.07
(1)
L16-20
RM466.96
(2)
Source: NAPIC (National Property Information Centre) · Barat Daya
Crime intelligence
HighIPD Timur Laut · 2023
Total crimes (2023)
1,241
convictions
vs. Pulau Pinang avg
+78%
above state median
Most common
Theft other
39% of total
Density — crimes per 100k residents
218
per 100k · population ~570,000
This district
218
Pulau Pinang median
122
Coverage area
George Town, Air Itam, Jelutong, Tanjung Tokong, Tanjung Bunga, Pulau Tikus
IPD boundaries do not correspond to neighbourhood or administrative boundaries
Crimes by category (2023 convictions)
Theft other
489
Break in
187
Theft vehicle motorcycle
179
Causing injury
155
Robbery solo unarmed
84
Annual trend (IPD Timur Laut)
1356
2019
1203
2020
1202
2021
1180
2022
1241
2023
District crime index
100 / 100 · 80th percentile in Pulau Pinang
Low
Moderate
High
Conviction-based data from PDRM — not reported incidents. Unreported crimes may not be reflected. Police district boundaries differ from administrative mukim boundaries.
Source: Royal Malaysian Police (PDRM) via data.gov.my · CC BY 4.0
Area flood risk
Low riskBayan Baru
Based on the nearest river monitoring station. This reflects flood risk in the surrounding area, not the specific property.
Current discharge
N/A
Normal
Mean discharge
N/A
30-day average
Max discharge
N/A
30-day peak
Last flooded
No recent floods
Past 2 years
Flood frequency
None recorded
Past 2 years
Monthly flood risk profile
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low
Moderate
High (monsoon)
DID InfoBanjir tracks water levels in real time. Set up alerts at publicinfobanjir.water.gov.my
Source: Jabatan Pengairan dan Saliran (DID) Malaysia · Open-Meteo
Unit layouts
Unit type
Type Standard Unit (1656 sqft)
Built-up size
1,656 sqft
Bedrooms
3
Bathrooms
2
Carparks
2
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