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
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 18
|
RM 700,000
|
RM 439
|
1,594 sqft
|
|
Condo |
|
Level 8
|
RM 680,000
|
RM 427
|
1,594 sqft
|
|
Condo |
|
Level 13
|
RM 828,000
|
RM 512
|
1,617 sqft
|
|
Condo |
|
Level 17
|
RM 800,000
|
RM 495
|
1,617 sqft
|
|
Condo |
|
Level 12
|
RM 788,000
|
RM 494
|
1,594 sqft
|
|
Condo |
| 2023 | |||||
|
Level 10
|
RM 750,000
|
RM 471
|
1,594 sqft
|
|
Condo |
|
Level 18
|
RM 790,000
|
RM 496
|
1,594 sqft
|
|
Condo |
|
Level 11
|
RM 925,000
|
RM 580
|
1,594 sqft
|
|
Condo |
|
Level 12
|
RM 800,000
|
RM 502
|
1,594 sqft
|
|
Condo |
| 2022 | |||||
|
Level 12
|
RM 732,000
|
RM 453
|
1,617 sqft
|
|
Condo |
|
Level 8
|
RM 775,000
|
RM 479
|
1,617 sqft
|
|
Condo |
|
Level 16
|
RM 760,000
|
RM 470
|
1,617 sqft
|
|
Condo |
|
Level 14
|
RM 755,000
|
RM 474
|
1,594 sqft
|
|
Condo |
|
Level 21
|
RM 778,000
|
RM 454
|
1,712 sqft
|
|
Condo |
|
Level 13
|
RM 715,000
|
RM 449
|
1,594 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 775,000
RM 474 psfMedian transaction price
70, Persiaran Mahsuri 2, Bandar Sunway Tunas, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsOlive Tree Residences in Barat Daya, Penang recorded 15 subsale transactions between 2021 and 2026, with a median price of RM 775K and a median price per square foot (PSF) of RM 474.
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 RM 775K, with most transactions falling within a stable range of RM 750K to RM 800K, and a typical market range of RM 748K to RM 802K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 474, with most transactions between RM 453 and RM 495. The usual range is RM 452.67 to RM 494.67, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.00 and an average deviation (MAD) of RM 21 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.