Self-contained: Chew showing off a scale model of the overall project, comprising the Olive Tree Residences (left), the Olive Tree Hotel (right) and the commercial block (foreground).
FUTURE residents of the Olive Tree Residences will find the necessities of life well-catered due to the project’s strategic location, myriad amenities and luxurious well-designed living spaces.
The elegant 23-storey tower by HIG Livingston Sdn Bhd, a member of Harta Intan Group of Companies, is part of a mixed development project located along Jalan Mahsuri in Bayan Baru, Penang, that also comprises commercial and hospitality elements.
Most of the 91 freehold units, ranging between 1,656sq ft and 5,135sq ft, were snapped up after their launch last month.
At press time, only 20 units remain available, with prices averaging between RM500 and RM510 per sq ft.
Harta Intan Construction Sdn Bhd director Ivan Chew attributed the popularity to the project’s overall appeal, saying that just like how trees need water, light and soil to flourish, so do humans need many essential elements to live in comfort.
An artist’s impression of the bedroom.
Location is a major plus point, with the project being opposite the proposed, subterranean Penang International Convention and Exhibition Centre, and connected via direct links.
“There will also be a major RapidPenang bus and taxi terminal, so residents will have convenience and mobility at their doorstep,” Chew added.
It is also within easy reach of the Penang Bridge and second link, the Penang Interna-tional Airport, various shopping malls, the Bayan Baru wet market, the industrial Free Trade Zone, education institutions, medical centres and the Bukit Jambul Golf and Country Club.
Besides the surrounding amenities, residents can also look forward to enjoying a whole range of facilities on the tower’s Club Floor — a covered swimming pool, gymnasium, games room, function room and children’s playground.
“There will be lots of greenery within the compound. In addition, the project also has direct access to a sprawling public park,” said Chew, adding that each unit also comes with a minimum of two car parks.
The Olive Tree Residences project also boasts CCTV surveillance and two-tiered security access.
On top of that, the elevators — of which there are two per wing — are equipped with live video monitors.
“The building also incorporates environmentally-friendly elements like energy-saving LED lighting for common areas, and rainwater harnessing for GBI (Green Building Index) compliance,” Chew said.
“Units come fully air-conditioned and semi-furnished — with wardrobes in all bedrooms, and cooker hoods and cabinets in the wet and dry kitchens, along with HD TV and broadband Internet capability,” he pointed out in a recent interview.
The project, conceptualised by renowned Australian architect Steve Layton, is slated for completion by the end of next year.
When completed, it will stand alongside the 26-storey Olive Tree Hotel, which boasts 253 rooms.
The international standard, four-star establishment will have excellent banquet and spa facilities, as well as a Sky Lounge.
The final component, a commercial block with 10 three-storey units, will eventually house many renowned retailers and food and beverage outlets.
“It will be a self-contained neighbourhood with excellent transportation, leisure and recreational opportunities,” he summed up.
For more information about the project, visit the developer’s office at 9A Livingston House, Logan Road, Penang, or call 04-228 2163. - The Star
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