• Pavither
  • 25 January 2021

As the name suggests, H2O Residence @ Ara Damansara (also known as H2O Residence) is a development inspired by the element of water. From its eye-catching façade designed to resemble interlocking ice cubes to the many water-based facilities within, it’s the first-of-its-kind in Malaysia.

Developed by Epoch Property Sdn. Bhd, a subsidiary of Titijaya Land Bhd., the project was launched in 2015 and completed in 2019 with the delivery of the final block, Mizu Residence.

H2O Residence is a high density development of serviced apartments and SOHO units tipping towards the higher end of the scales. Nestled amongst greenery in the heart of the affluent Ara Damansara township, it offers contemporary yet comfortable living spaces of various sizes and layout options to cater to the many segments of urbanites. Apart from its obvious reference to its namesake element, H2O also has a dual meaning – Haus2 Own.

H2O Residence @ Ara Damansara (also known as H2O Residence) is a development inspired by the element of water.

Address: Jalan PJU 1a/1, Ara Damansara , 47301 Petaling Jaya

Property Type: Service Apartment & SOHO

Land Title: Commercial

Land Area: 6.04 acres

No. of Floors: 21 including carpark levels

Total Units: 1,357

Tenure: Freehold

Year of Completion: 2019

Built-up Area: 449 sq ft– 1,500 sq ft

H20 Residence's worthy mention is the aqua gym pool that is equipped with exercise machines such as treadmills and trainers.

Facilities:    

  • Floating yoga / meditation deck
  • Open lawn
  • Water play area
  • Water pool with water slides
  • Sauna
  • Changing room
  • Gymnasium
  • Multipurpose hall
  • Floating cabana
  • Swimming poor with marine life image display
  • BBQ pavilion
  • Swimming pool
  • Hydro spa pool (Jacuzzi)
  • Water stepping stone
  • Reflexology path (Wellness Walk)
  • Agua gym
  • Kids fun garden / playground
  • Viewing deck
  • Herb garden
  • Sunken garden
  • Floating pavilion

Ground Floor

  • Multi-purpose court
  • Putting green
  • Reading area
  • Jogging track / bicycle lane
  • Surau

Launch Price: From RM415,000

Launch Price Per Sq Ft: RM770 per sq ft

Maintenance Fee: RM0.35 per sq ft (including sinking fund)

Project Details

H2O Residence was developed by Epoch Property Sdn. Bhd., a subsidiary of Titijaya Land Bhd. Spread across 6.04 acres of freehold land in Ara Damansara, the project has a gross development value (GDV) of RM794.1 million. Development commenced in 2015, and completed in 2019.

H20 Residence embodies elements of the numerous water-themed facilities.

Inspiration from the water element is evident from the resemblance of interlocking-ice cubes in the façade, lines of architecture and the numerous water-themed facilities. Units are designed with tall glass windows to allow ambient light in, while open spaces, pockets of air-wells and natural ventilation openings surrounded by lots of water and water features, give the place a breezy resort feel.

Amenities are generous, with dedicated areas for outdoor exercise and relaxation, swimming pools with marine life display, children’s pool with water slides, barbeque area, viewing deck, floating cabanas and pavilions, and sunken gardens. A worthy mention is the aqua gym pool that is equipped with exercise machines such as treadmills and trainers.

H2O Residence being a high-density development consists of two entrances. There are 21 floors on each block, which includes the carpark and podium levels. The housing units take up 15 levels. Externally, it appears as if there are 8 blocks. In actual fact, there are 4 V-shaped blocks – Acqua (Block A), Coral (Block C), Dvina (Block D), and finally Mizu Residence (Block B).

“Mizu” translates to water in Japanese. It was reported that the developer had adopted Japanese industrial standards in the development and management of this block, perhaps targeting the large Japanese community in the adjacent Saujana area.

Built-up ranges from 449 sq ft for the SOHO units, up to 1,500 sq ft for the serviced apartment units with a choice from 1 up to 4 rooms. All units facing inwards get to enjoy the luscious water features and landscape that runs parallel to the blocks, while the units facing outwards get exceptional views of the surrounding areas.

Blocks A and C face the east towards Subang Airport, while Blocks B and D face the west towards the greens of the Saujana township. In the original site plan, there was supposed to be 2 pedestrian link bridges, one connecting to Tesco on the east side and another connecting to the west side towards Citta Mall. This much-anticipated amenity has yet to materialise.

H20 Residence focuses on the numerous water-themed facilities.

Block A houses the bigger units with only 16 units per floor, while Block D has the highest density with 33 units per floor. Meanwhile, Block B and Block C have 20 to 23 units per floor. The service apartments come with 2 carparks, while the SOHO units come with a single carpark. Units are semi-furnished with air conditioning units, fridge, and kitchen cabinets.

There were also sales incentives by the developer such as 7% Bumiputra discount, low booking fees, and early bird discounts. Titijaya Group also launched a homeownership campaign for its developments partnering Maybank Islamic called HouzKEY offering up to 100% financing amongst others. Coincidently, H2O has a dual meaning – Haus2 Own.

Unit Types

Built-Up

Launch Price

Block B (Mizu Residence)

 

 

 

 

 

 

From RM415,000

Type A1 / A2 / A3

·       750 sq ft – 754 sq ft

·       2 + 1 bedrooms

·       2 bathrooms

Type B1 / B2 / B3

·       880 sq ft – 888 sq ft

·       3 bedrooms

·       2 bathrooms

Block C (Coral)

Type A1

·       750 sq ft

·       2 + 1 bedrooms

·       2 bathrooms

Type B1

·       880 sq ft

·       3 bedrooms

·       2 bathrooms

Type H / J

·       1,500 sq ft

·       4 bedrooms

·       3 bathrooms

Block D (Dvina)

Type D1 / F1

·       449 sq ft

·       1 bedroom

·       1 bathroom

Type E1

·       600 sq ft

·       1 + 1 bedrooms

·       1 bathroom

Type G1 / G2

·       1,052 sq ft

·       3 bedrooms

·       3 bathrooms

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Location

H2O Residence is located at the mouth of the Ara Damansara township, which is one of the last parcels of freehold land in northern Petaling Jaya. Ara Damansara itself is a well-developed township with many amenities and eateries. For convenience of the residents, there are good facilities in the vicinity such as malls, hypermarkets, hospitals and schools. It is also strategically well connected to many other townships such as Tropicana, Subang Jaya, and Kelana Jaya.

H2O Residence is located at the mouth of the Ara Damansara township, which is one of the last parcels of freehold land in northern Petaling Jaya.

The location of H2O Residence is good due its easy access to and from many major highways in the Klang Valley. Jalan Lapangan Terbang Subang, one of the more popular access roads into Ara Damansara, connects H2O Residence to the Subang Airport, the New Klang Valley Expressway (NKVE) and the Federal Highway. It is also accessible via the Lebuhraya Damansara-Puchong (LDP) and New Pantai Expressway (NPE).

However, it should be noted that Jalan Lapangan Terbang Subang tends to have a lot of infrastructural work in its path, making it prone to flooding and bad congestion. H2O Residence is also very close to the main road leading in and out of Ara Damansara, so the noise from the traffic can be a bother for some.

For public transportation, the Ara Damansara Light Rail Transit (LRT) station on the Kelana Jaya Line is less than 3km from the premise, which travels towards Petaling Jaya, KL Sentral, up to Gombak, and conversely to Subang Jaya, USJ, and Putra Heights, which is an interchange station to the Ampang Line.

Accessibility

  • Jalan Lapangan Terbang Subang
  • New Klang Valley Expressway (NKVE)
  • Lebuhraya Damansara-Puchong (LDP)
  • Federal Highway
  • New Pantai Expressway (NPE)
  • LRT Ara Damansara (KJ26) 

Education

  • Asia Pacific Smart School
  • Japanese School of Kuala Lumpur
  • SK Lembah Subang
  • SMK Kelana Jaya
  • Sri Kuala Lumpur International School
  • INTI College
  • Sunway University College
  • Monash University, Sunway Campus
  • SEGI University College, Kota Damansara
  • Sri KDU and KDU International School

Medical Care

  • Ramsay Sime Darby Medical Center, Ara Damansara
  • Subang Jaya Medical Centre
  • Sunway Medical Centre
  • Tropicana Medical Centre
  • Kelana Jaya Medical Centre

Shopping

  • Citta Mall
  • Tesco Extra Ara Damansara
  • Evolve Concept Mall
  • Giant Mall Kelana Jaya
  • Paradigm Mall
  • Empire Shopping Gallery, Subang Jaya
  • Subang Parade

Recreation

  • Saujana Golf & Country Club
  • Tropicana Golf & Country Club
  • Glenmarie Golf & Country Club
  • Kelab Golf Negara Subang
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Analysis

Ara Damansara is a much sought-after piece of real estate in Petaling Jaya with a significant number of upmarket and trendy housing developments.

Its location is ideal due to its connectivity, accessibility, and proximity to other townships in Petaling Jaya and Shah Alam, making it a popular choice amongst urban dwellers. The vast amenities available in the area make it a very liveable neighbourhood.

H20 Residence is built for families to appreciate all sorts of bonding.

Being close to the entrance of the township is an added advantage, but traffic noise levels for the units facing the main road may be an issue to some. As density is high at the development as well in Ara Damansara itself, traffic congestion during peak hours is unavoidable.

At present, the gross rental yield for a 750 sq ft unit at H2O Residence with 2+1 rooms and 2 bathrooms hovers at about 3.8%. Some investors have also listed their units for short-term stays on hotel booking websites. A quick search shows a 3-bedroom fully furnished unit can be rented for about RM192 per night.

Here’s a look at residential properties in Ara Damansara.

Project

Land Tenure

Unit Type

Completion

Built-up

Approximate Launch Price

H2O Residence by Titijaya Group Sdn. Bhd.

Freehold

Serviced Residence & SOHO

2019

449 sq ft – 1,500 sq ft

RM415,000

Cantara Residences by Sime Darby Property

Freehold

Condominium

2020

646 sq ft – 2,077 sq ft

From RM549,888

AraTre’ Residences by Puncakdana Development Sdn Bhd

Leasehold

Service Residence

2020

797 sq ft – 1,195 sq ft

 

From RM430,000

Maisson Ara Damansara by Newfields Property 

Freehold

Serviced Residence

2017

500 sq ft – 1,385 sq ft

RM360,000

Eve Suite by SM Land Group

Freehold

Serviced Residence

2014

680 sq ft – 6,854 sq ft

RM380,000

AraGreen Residences by HSB Development Sdn Bhd

Freehold

Serviced Residence

2015

715 sq ft – 3,143 sq ft

RM643,000

Urbana Residence by Loyal Paragon Sdn. Bhd. 

Leasehold

Serviced Residence

2016

807 sq ft – 2,033 sq ft

RM521,250

The Potpourri by See Hoy Chan Sdn. Bhd

Leasehold

Serviced Apartment

2018

525 sq ft  – 2,440 sq ft

 

From RM557,800

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Summary

H2O Residence offers a distinctive lifestyle living in the heart of Ara Damansara. While the modern resort living concept has been adopted by many developers of late, Titijaya Land Bhd prides this water-inspired development as the first-of-its-kind in Malaysia.

A first-of-it-kind development only in H20 Residence, Ara Damansara, Petaling Jaya.

Some have commented that due to the water-resort type of facilities, the constant sound of splashing water can be noisy especially to the lower level units facing the amenities. Nevertheless, that is a trade-off for the lush views of the beautifully crafted green and aqua landscaping.

PropertyGuru.com.my have sales listings for a 750 sq ft (partly-furnished, 3 bedrooms, 2 bathrooms) unit at H2O Residence going for about RM530,000, while rental for a similar unit ranges from RM1,600 to RM1,800 per month.

Here are some estimated loan figures for a H2O Residence unit priced at RM530,000.

  • LTV / margin of finance: 90%
  • Down payment (10%): RM53,000
  • Loan amount: RM477,000
  • Loan term: 30 years
  • Interest rate: 3.2%
  • Monthly repayment: RM2,063
  • Approximate required gross annual income: RM82,500*

These calculations are based on the PropertyGuru Home Loan Calculator, and PropertyGuru’s Home Loan Eligibility and Affordability Calculator.

If you’re interested in calculating Debt Service Ratio (DSR), you may refer to the PropertyGuru Home Loan Pre-Approval tool. It is FREE to use and helps you avoid loan rejections. It has a 99.9% accuracy so you can be sure of home loan approval!

* Assumptions: You have no other monthly debt obligations, and 30% of gross income will be spent on the housing loan. As a rule of thumb, banks usually loan up to 30% of your gross annual income.

 

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Eric Wong

Pavither

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