Olive Tree Residences

Condominium
Jalan Mahsuri, 11900 Bayan Baru, Penang
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Developer

Facilities

Swimming pool
Gymnasium
Games room
Function room
Children's playground
Themed pool deck
Relaxation garden
Barbecue facilities

Olive Tree Residences is a condominium which was previously known as Mahsuri Condominium. Located within a prime area in Bayan Baru, Penang, Olive Tree Residences will be neighbour to the Olive Tree Hotel and the Olive Tree Terrace Shops in the future which is to be built under the same development project. Ideally located, Olive Tree Residences will be within minutes of the Sultan Abdul Halim Muadzam Shah Bridge and the Penang International Airport.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants
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2015 Dec
(Year of Completion)
This project was completed 5 years ago
  • RM 761,000 - RM 3,738,735
  • NIL
  • NIL
  • RM0.22psf
Built Up
1,656 SQ. FT - 5,135 SQ. FT
Land Title
Mixed
Tenure
Freehold
Total Blocks
1
Total Storey
23
Total Units
91
Parking
Min. 2

Nearby Amenities

(CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES)

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Did you know?

Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
Olive Tree Residences Dec 2015 RM 761,000 - RM 3,738,735 RM 730,000 - RM 920,000
RM 426 psf - RM 494 psf
One Imperial 2016 NIL RM 390,000 - RM 1,150,000
RM 325 psf - RM 974 psf
6 For Sale in Olive Tree Residences 2 For Rent in Olive Tree Residences 73 For Sale in One Imperial 53 For Rent in One Imperial

Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
Olive Tree Residences Dec 2015 RM 730,000 - RM 920,000
RM 426 psf - RM 494 psf
RM 2,200 - RM 2,200 NIL 3.25 %
Jambul Heights Oct 2015 RM 550,000 - RM 1,300,000
RM 450 psf - RM 541 psf
RM 1,200 - RM 1,200 NIL 1.69 %
Arena Residence 2015 RM 550,000 - RM 860,000
RM 440 psf - RM 615 psf
RM 1,200 - RM 1,200 NIL 2.98 %
Promenade Residence 2015 RM 390,000 - RM 980,000
RM 400 psf - RM 663 psf
RM 1,000 - RM 1,000 NIL 2.18 %
Arena Curve 2015 NIL From RM 1,500 NIL NIL
Elit Heights 2014 RM 498,000 - RM 1,460,000
RM 344 psf - RM 614 psf
RM 1,200 - RM 1,200 NIL 3.21 %
One Precinct Nov 2013 RM 460,000 - RM 880,000 RM 950 - RM 3,000 NIL 3.54 %
6 For Sale in Olive Tree Residences 2 For Rent in Olive Tree Residences 4 For Sale in Jambul Heights 5 For Rent in Jambul Heights 18 For Sale in Arena Residence 44 For Rent in Arena Residence 25 For Sale in Promenade Residence 7 For Rent in Promenade Residence

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 SQ. FT - - -
500 - 1,000 SQ. FT - - -
1,000 - 1,500 SQ. FT - - -
1,500 - 2,500 SQ. FT - - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 413 psf
Non Landed Properties
RM 396 psf
Landed Properties
RM 540 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees
  • My Affordability

    Down Payment (10%) RM 76,100
    Loan Amount ( 90 %) RM 684,900
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    RM 364 ±
    RM 0.22 psf (1,656 SQ. FT)
    Total Monthly Expenses
    RM 3,000 ±

    Disclaimer

    The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

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