The H2O, Jelutong

The H2O is a freehold mixed condominium & retail development that is located in Jelutong, Penang Island. There are 71 condominium units and 21 retail units available at this condominium with built-up from 1,560 sf to 3,282 sf for condominium units. It was developed by Tauplene Development Sdn Bhd with a launch price of around RM500 psf for condominium units, and was completed around 2016.

Tauplene Development Sdn Bhd is a privately held small-sized real estate organization, and it has undertaken around 3 real estate projects in Malaysia. Other similar projects by the same developer are Minden Residence By Tauplene and The Sun.

Property Type
Mixed Condominium & Retail
Land Tenure
Freehold
Built-up
1,560 sf - 3,282 sf (Condominium)
Market Price
RM720,000 - RM1,150,000 (Condominium)
Total Units
71 Condominiums & 21 Retail Units
Completion Date
2016
Launch Price
RM500 psf (Condominium)

This mixed condominium & retail development has some amenities nearby, such as schools, hospitals and universities. The following are some main schools here:

As for hospitals, there are Hospital Psikiatri and Wad Psikiatri Hospital Pulau Pinang. There are also some universities here, e.g. Island College Of Technology and Island College Of Technology (Ict).

The current rental yield of The H2O is 2.72% for condominium units. The highest rental yield ever recorded was 3.8% in Q1 2021 (condominium); while the lowest one was 1.87% in Q2 2016 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at The H2O for condominium units is 4-bedroom / 1,607 sf with a median price of RM470 psf. For price wise, the most expensive one is 3-bedroom / 1,607 sf with a median price of RM510 psf; while the cheapest one is 5-bedroom / 3,282 sf with a median price of RM350 psf.

Latest The H2O sale listings:

DateProperty TypeBuilt-upPrice
TodayCondominium1,596 sfRM850,000
9 Mar 2024Condominium1,596 sfRM850,000
1 Mar 2024Condominium1,596 sfRM865,000
5 Oct 2023Condominium1,560 sfRM720,000
29 Aug 2023Condominium1,560 sfRM720,000
24 Aug 2023Retail1,260 sfRM1,650,000
18 Aug 2023Condominium1,560 sfRM750,000
16 Aug 2023Condominium1,658 sfRM750,000
11 Aug 2023Condominium1,658 sfRM750,000
11 Aug 2023Condominium1,658 sfRM750,000

Latest The H2O rental listings:

DateProperty TypeBuilt-upRental
25 Jan 2024Medium Room-NA-RM700
8 Jan 2024Medium Room-NA-RM850
1 Dec 2023Condominium1,560 sfRM1,600
29 Sep 2023Condominium1,600 sfRM2,000
2 Jun 2023Single Room-NA-RM380
9 Mar 2023Single Room-NA-RM300
9 Mar 2023Medium Room-NA-RM700
6 Jan 2023Condominium1,700 sfRM1,700
5 Jan 2023Condominium1,700 sfRM1,700
3 Jan 2023Condominium1,700 sfRM1,600
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