Olive Tree Residences

70, Persiaran Mahsuri 2, Bandar Sunway Tunas, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM795,000
PSF
RM499
Price Size
Period
transactions middle 50% (P25–P75)
1,600 sqft
Condo
RM750,000
Level 10
1,594 sqft · RM471 PSF
RM790,000
Level 18
1,594 sqft · RM496 PSF
RM925,000
Level 11
1,594 sqft · RM580 PSF
RM800,000
Level 12
1,594 sqft · RM502 PSF
Legend Recent Highest Price Highest PSF

Selling in Olive Tree Residences? Homes here sold for a median of RM795,000.

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Market Snapshot

Residential

RM795,000

RM499 psf

Median transaction price

Average

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Olive Tree Residences
© OpenStreetMap · CARTO

70, Persiaran Mahsuri 2, Bandar Sunway Tunas, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Olive Tree Residences in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM795K and a median price per square foot (PSF) of RM499.

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 RM795K, with most transactions falling within a stable range of RM750K to RM861K, and a typical market range of RM768K to RM822K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM499, with most transactions between RM458 and RM540. The usual range is RM477.77 to RM519.77, showing that most units are priced quite close to each other. A typical spread (IQR) of RM42.00 and an average deviation (MAD) of RM41 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.