Property Review

Ritma Perdana, Double-Storey Terrace House @ LBS Alam Perdana, Puncak Alam

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

LBS Bina Group

Location

Puncak Alam, Selangor

Type

Landed House

Price

RM619k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing of RM619,000 is competitive for double-storey terrace houses in the Klang Valley, though represents mid-market positioning rather than premium value; affordability is offset by the absence of specified tenure and completion timeline, which are critical factors in assessing true investment worth.
  • **Location & Connectivity**: Puncak Alam offers suburban accessibility with primary road networks, but the absence of nearby MRT connectivity limits public transport convenience and may constrain long-term appreciation compared to transit-oriented developments; proximity to Klang Valley commercial hubs requires private vehicle dependency.
  • **Risk & Timing**: The lack of disclosed tenure type (freehold vs. leasehold) and completion date presents material uncertainty for buyers; delayed or uncertain timelines could impact cash flow and financing arrangements, while the speculative nature of undisclosed details warrants thorough due diligence before

NewProjek Score

5.8

Moderate

  • Developer verification status not confirmed
  • Priced 13% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM619,000
Selangor MedianRM550,000
Priced 13% above area median

Selangor — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

Est. Monthly Rental

RM2,000–2,700

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

Verified data 2021–2025

Price-to-Income

5.2x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Selangor

Median Household Income

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Established LBS Bina Group developer with strong track record
  • Strategic Puncak Alam location near Klang Valley growth corridor
  • Affordable double-storey terrace at RM619,000 entry price point
  • Proximity to commercial hubs and educational institutions
  • Strong rental demand and capital appreciation potential

Risk Factors

  • Under construction — completion delays are possible
  • No MRT/LRT station listed nearby — may affect future demand

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Disclaimer: This report is generated using publicly available data from the government, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.