Olive Tree Residences
70, Persiaran Mahsuri 2, Bandar Sunway Tunas, 11950 Bayan Lepas, Pulau Pinang, Malaysia
70, Persiaran Mahsuri 2, Bandar Sunway Tunas, 11950 Bayan Lepas, Pulau Pinang, Malaysia
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Olive Tree Residences
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM775,000
RM474 psfMedian transaction price
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70, Persiaran Mahsuri 2, Bandar Sunway Tunas, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsOlive Tree Residences in Barat Daya, Penang recorded 0 subsale transactions in 2021, with a median price of RM775K and a median price per square foot (PSF) of RM474.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM775K, with most transactions falling within a stable range of RM750K to RM800K, and a typical market range of RM748K to RM802K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM474, with most transactions between RM453 and RM495. The usual range is RM453.00 to RM495.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM42.00 and an average deviation (MAD) of RM21 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.