THE H2O CONDOMINIUM
Timur Laut, Penang · Freehold · 10 transactions
Median Price
RM790K
RM700K – RM826K
Median PSF
RM582
RM514 – RM602
Transactions
10
2021-08 to 2024-02
Size Range
1044 – 2702
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for THE H2O CONDOMINIUM
Investment Return
Earliest PSF (2021)
RM602
Current PSF (2024)
RM533
Capital Gain
-11.4%
Total Return (est.)
0.2% p.a.
| Capital appreciation (3 years) | -11.4% |
| Annualised capital return | -3.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 0.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -9.9% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,300 sqft | 5 | RM730K | RM556 |
| 1,350 sqft | 2 | RM790K | RM582 |
Market Verdict
PSF Trend: Declining
PSF moved from RM602 (2021) to RM533 (2024)
Liquidity: Low
10 transactions over 3 years (~3/year)
27% above Timur Laut average
This project: RM582 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 0.2% p.a. (below FD)
Capital loss (-3.8% p.a.) + rental yield (~4% p.a.)
Verdict
THE H2O CONDOMINIUM delivers a modest estimated total return of 0.2% p.a. — comprising -3.8% capital depreciation and ~4% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 27% above the Timur Laut average, reflecting its positioning as a premium development in the area. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 10| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Feb 2024 | Condominium/Apartment | Freehold | 1,313 | RM533 | RM700K |
| Nov 2023 | Condominium/Apartment | Freehold | 1,356 | RM487 | RM660K |
| Jun 2023 | Condominium/Apartment | Freehold | 1,313 | RM589 | RM773K |
| Feb 2023 | Condominium/Apartment | Freehold | 1,238 | RM687 | RM850K |
| Sept 2022 | Condominium/Apartment | Freehold | 1,313 | RM556 | RM730K |
5 more transactions hidden
Full Report Includes
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 10 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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