The H2O is an upcoming new mixed development located in Jelutong, Penang, which was launched in the end of 2013. Developed by Tauplene Development, this project comes with condominium, retail and office all built in a single block. The 26 storey building comes with 71 condominiums and 21 retail and office units, with a launch price beginning from RM500 psf. The built-up of the condominium varies between 1,560 sq ft to 1,656 sq ft, meanwhile the built-up of the other units ranges from 1,560 sq ft to 3,282 sq ft.As for the condominium layouts in The H2O, all the residential unit comes with 3+1 bedrooms with either sea view or town view. Each unit are also entitled to get complimentary 2 car parks. Besides that, each unit are designed to be a corner unit with a private enchanting garden. The facilities offered for the tenants are 3 tier security, BBQ area, function area, open lawn, children playground, indoor gym, garden lobby, terrace garden, lounge, muti-purpose area, muti-purpose hall, Tai Chi corner, outdoor gym, reflexology garden, management office, reading corner and planting area.H2O is also surrounded by numerous amenities, whereby the residence itself comes with an attached retail outlets. SRJKC Sum Sum, SRJKC Moh Ghee, Public Bank, Bukit Dumbar Field, Bukit Dumbar Park, Lam Wah Ee Hospital and Malaysian Buddhist Meditation Centre are among the amenities located in this vicinity.
Property Details
Name: The H2O Address: Jelutong, Penang Developer: Tauplene Development Type: Condominium, Retail & Office Tenure: Freehold No. of Blocks: 1 No. of Storey: 26 No. of Units Condominium: 71 Retail & Office: 21 Built-up Condominium: 1,560 – 1,656 sq ft Retail & Office: 1,560 - 3,282 sq ft Launch Price: From RM500 psfLayouts
Condominium (3+1 bedrooms) Type A (1,560 sq ft) Type B (1,607 sq ft) Type C (1,583 sq ft) Type D (1,656 sq ft)Facilities
3 tier security BBQ area Function area Open lawn Children playground Indoor gym Garden lobby Terrace garden Lounge Muti-purpose area Muti-purpose hall Tai chi corner Outdoor gym Reflexology garden Management office Reading corner Planting areaAnalysis
The H2O which was launched several months ago was developed by Tauplene Development. For the early bird promotion, the developers offers free legal fee and disbursement for SPA, free legal and disbursement fee for loan agreement, loan interest to be absorbed by developer until vacant possession, as well as 2 free car parks. Penang is among the developing states in Malaysia and in coming years the Penang properties are expected to match the Klang Valley or Kuala Lumpur properties. This property was launched at RM500 psf, yet due to it's big built-up, the property seems to be kind of expensive. This property would be good for long term investment, as it's located not far away from the Penang Bridge and would be a hit after the completion of Penang Tunnel Road.
